Coinskool

Coinskool

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Since the inception of Bitcoin, the world in general and the financial markets in particular, have
seen the emergence of transaction and trading in a totally new avatar. The growth of BTC and
the other cryptocurrencies has been phenomenal, to say the least. From the early days, the
market of cryptocurrency trading has been of high volatility and randomness which has
contributed to its success. However, the highly volatile nature of these markets and the
mushrooming of a lot of exchanges have resulted in the listing of a huge number of
cryptocurrencies that on one hand has generated very good profits for many experienced traders
capable of trading huge volumes, but also has resulted in many new traders losing out and quit
trading following the bear cycles after every hyped bitcoin bull run. This situation has been more
evident after the 2017-18 bull run which was followed by a spectacular dump and the bear
market that lasted till March 2019, followed by a sort of bull run that peaked out in June in the
same year
Pre Sale
Apr 1, 2021
Apr 30, 2021
100% completed
Raised funds - no Data
past
  • 100 ENTR
    =
    1 ETH
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About Coinskool

. The major dump that followed, did shake out a lot of new traders and lasted till March
2020. The ongoing bull run has once again interested a lot of new traders. An overview of this
phenomenon clearly shows that traders with huge initial investment have the upper hand as
opposed to the majority of investors that have minuscule holdings. Therefore, these so-called
“whales” continue to dominate the markets and the average traders continue to flock toward
the FOMO in herds. Most of these traders, however, continue to lose purely because of their lack
of understanding of markets and technical analysis.
An urgent need is evident to level the playing field for the new traders, especially those who have
a small capital to start with. The need is even more prominent with the rise of leverage trading
which allows insane returns albeit with the risks of getting liquidated. A study on the number of
stop losses hit, in both spot and futures markets will be an interesting read for most of the traders
as it will help in understanding the risks in cryptocurrency trading and more importantly, the
methods of market manipulation adopted by groups. A well-informed investor with good
knowledge of technical analysis is likely to effortlessly ride through the bull and bear markets
while being free from the herd. A trader who understands the basics of the market, its
manipulations, and the tricks to navigate through these, is better off than a trader relying on calls
4
from a few people. An informed and skilled trader is always making profits irrespective of the
market.
In this context, the present project Coinskool seeks to solve the problem of a huge gap in
cryptocurrency trading through a 3-product ecosystem. Our first product is named “TaSK” – a
platform oriented toward providing basic and advanced technical analysis tools and skills, handson training with real charts, and support for real-time trading. Moreover, it will keep the users
updated with the latest news in the cryptocurrency world and their possible impact on trading.
At the same time, it is designed to unlock rewards for users.

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