Training of cryptocurrencies;
altcoin
Altcoins: are digital currencies that were launched after Bitcoin.
trade
Trading simply means buying and selling, which is called the buying and selling of different currencies in crypto markets.
trader
Trader:
A person who buys and sells based on his ideas about the crypto market is called a trader who tries to achieve his financial goals with this buying and selling.
Fork
Fork: Currency forks release a new version by making changes in previous versions. Like Bitcoin Cash, which is a fork of Bitcoin and its hash speed is higher.
Blood bath
Bloodbath: When the market is falling and all currencies are in the red.
Bags
Cryptocurrency should be held for a long time even if its price goes up or down.
Bitcoin maximalists
Bitcoin Maniacs:
Someone who only believes in Bitcoin and thinks that other altcoins are games.
BTFD “buy the fucking dip”
Other traders are advised to buy the coin in question because it is probably at the bottom. In February 2018, John McAfee of the McAfee Company Institute tweeted this after the prices fell.
DYOR “do your own research”
Do your own research.
Whale
Whale: Anyone who owns at least five percent of each coin can easily influence the market price as a superhero.
Fiat
Fiat: the common currency of countries (paper money) produced by governments.
FOMO “fear of missing out”
Fear of missing out. When a coin grows a lot, usually gullible people rush to buy that particular coin for fear of missing an opportunity.
FUD “fear, uncertainty, and doubt”
To create fear for coin holders to sell their coins. For example, by spreading rumors about coin fraud or hacking.
HODL “hold”
Holding a coin even if its price goes down.
MOON
Rapid growth of a coin
PUMP
Rapid growth of prices due to market manipulation
DUMP
The rapid decline in prices after the pump
REKT
perishing due to incorrect analysis.
Shitcoins
A term used for currencies with low market volume.
Trade terms:
Long position
Long position: entering into a transaction to buy currency and sell at a higher price (buylong)
short position
Short position: entering into a transaction to sell currency and buy at a lower price (sellshort)
target
Target: After the trade is opened, setting the price or prices to exit the trade in order to gain profit from the fluctuation of the position
stop limit
Stop limit: or loss limit, to prevent loss in the transaction that is close to the entry point of the transaction.
liquid:
Liquid: Compared to the chosen leverage factor for multiple profits in the leverage trade, a number called the liquid number will be placed for you, and if the price reaches that number, you will lose your property.
Mehdi Koh Soltani (financial services, accounting, financial and tax consultant):
Group of accountants, auditors, Tabriz
@Hesabdaran_Tabriz
@Hesabdaran_Tabrizz