Many new users in the crypto space wish to learn crypto trading. They have heard about success stories of people that made lots of profits buying cryptos at great rates and selling when the price goes up. The problem is that crypto trading is no easy task at all. Now there is a web3 project called SanR that takes your from novice to professional crypto trading without making the sort of mistakes that could lead to loss of money or digital assets.
In this article, I will explore why everyone that wants to excel in crypto trading should join SanR. Lets start with why many fail in crypto trading.
The problem - crypto trading is risky and difficult
Many new crypto users have tried and failed in crypto trading because of many challenges involved in the business. Consider the following 3:
1. It is technical: One problem of crypto trading is the technical aspect which many new users fail to grasp. Crypto trading is very complex and takes one through many different aspects. That includes learning how to study trading charts and using complex trading tools to monitor markets. Understanding crypto trading seasons like the bear and bull markets has not been easy for most users. Learning about blockchain which is the technology that powers cryptocurrencies.
Other things to master includes spotting market indicators and price movements. Understanding how price volatility works and many other things. These are technical aspects of crypto trading and failing to learn any aspect well could lead to financial loss.
2. Volatility: Another big challenge to crypto trading is volatility. It is not all too easy to predict where the price would swing. Even with all the technical tools available, the price movement of cryptos are not perfectly predictable. Volatility can cause traders to loose their trades at any point in time if they fail to get their predictions right.
3. Excessive data to process: The crypto trading space is filled with data. Almost everyone claims to be a pro-traders and they give out "professional" information on market trends, crypto signals and other data. There are updates coming in here and there. Crypto traders are suppose to analyze all these data and make decisions based on them. Sometimes, it could be so confusing that the trader ends up making a decision that could prove costly.
These are some challenges that crypto traders face - especially new ones. But there is a solution to stepping into the hostile trading environment at zero risk. That solution is called SanR.
The solution - SanR
SanR is a crypto trading simulator that rewards participants for making the right trading decisions. On Sanr, you are allowed to try all the features of a modern crypto trading platform such as to place a trade and set up automated trading features like to stop loss or take profit. Interestingly, you do not deposit real crypto in SanR. This ensures that rookie users learn how to trade crypto without the risks associated with asset loss.
As a decentralized crypto platform, users sign up by linking their web3 wallet preferably MetaMask wallet. Once they do this, they can set up their personal profile including username, bio and profile picture. Then they are set to start trying their trading skills on the platform. Basically, SanR allows users to forecast crypto price movements. When users open a trade, they can forcast if the price will go up or down. Then can then set up an action to take based on that such as sell, hold or buy crypto.
Features/Tools of SanR
There are 4 main features of SanR which helps to organize different activities on the platform. They include the following:
- Clubs: A club is a community of traders on the SanR platform. Each club has a name and the number of participants in it. Most of the clubs are still open for membership, meaning that anyone is free to join them and forecast the market. Take a look at some of the clubs below:
I invite you to join our club (community) Leo Finance through this link: https://sanr.app/clubs/LeoFinance
- Epochs: The duration of each trading league is know as an Epoch - usually 28 days. During the first 14 days of the epoch, traders could open and close trades. The last 14 days of the epoch is for closing trades only. The current Epoch is Epoch 35. Below, you can see some useful stats about it including when it started and when it will end.
- Signals: The actual trade forecast is called a signal. So to enter the competition and start a trade, you actually have to open signal. After opening a signal, you setup other things that should happen based on your forecast. Once you are done, your signal is included among all other signals in the league.
How to open a signal
I will demonstrate a very simple
Note: Be sure to connect your Metamask wallet. Otherwise, you wont be allowed to open signals.
Step 1: Go to the Open Signals page: https://sanr.app/open-signal
Step 2: Click the Open Signal button as shown below
Step 3: Select a crypto pair to forecast their price (A). Choose what will happen to the pair either the price will rise or fall (B). Then enter the price at which to take profit or and the price at which to stop loss (C). Enter a title for the trade (D) and a brief description (E). Then click Open Signal (F) to make your forecast. Check image below.
This is a very easy and simple way to make your forecast for that crypto pair. You are free to make as many as you wish for each Epoch.
- Leaderboard: The leaderboard show how forecasters are performing in the trading league. The leaderboard groups traders based on their performance. Qilin are forecasters whose average performance in the league is highest. Dragon have the highest total average performance. Phoenix are traders with the worst record - meaning their forecasts led to massive losses.
You can browse the universal leaderboard or see the leaderboard for each club. Below is the Leofinance leaderboard.
Join Epoch 35 - 2000 LEO and 2500 SAN
If you wish to participate in Epoch 35, then u still have few days to open trades. The big price for this Epoch is 2500 SAN and 2000 Leo. Thats so big you dont want to miss it.
Why is SanR a smart project
Just as you have learnt, SanR is here to make your crypto trading journey easy and very safe. Here are huge takeaways from this project:
Simplified trading steps: Users that attempt trading on crypto platforms complain that it is too technical. SanR simplifies all the steps that one needs to take to complete a trade. This makes learning it very easy too. Pick a crypto pay, forecast price increase or decrease. Set up corresponding action, easy as ABC
Zero risks: This is a crypto trading simulator that does not involve risking your vaulable crypto. Everything here is fully a demo.
Network with Experts: Crypto trading is best done with peers. SanR hosts a community of new and expert traders. This gives you an opportunity to connect with them and tap from their expertise.
Track progress: SanR features analytic tools that help you to see how much progress or not, you are making. Take a look at my dashboard. Sorry I just started today, so no records.
- Learn and Earn: You have the opportunity to earn real crypto and huge prizes if your trades perform well. This Epoch 35 will be rewarding participants 2500 SAN and 2000 Leo.
Now you can start your crypto trading journey
Big thanks to the team behind SanR. They have level the entry hurdles to crypto trading. Its time for you to gain a new tech skill with zero investments, zero risks. Start your journey with SanR. Oh, and do not forget.....
.....Join Leofinance club here!!
Disclaimer: All images are from https://sanr.app/. This post is a personal opinion and not a professional advice.