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November 11, 2020, 06:00:14 PM |
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today we are gonna review some common expressions:
1. Whale:
Someone that owns absurd amounts of crypto-currency.
2.Sell wall / buy wall
Using a depth chart, traders can see the current limit buy and sell points. The graphical representation on the depth chart looks like walls
3.Margin trading
The act of ‘magnifying’ the intensity of your trades by risking your existing coins.
4.Bullish
An expectation that price is going to increase.
5.Bearish
An expectation that price is going to decrease.
6. Altcoin
Generally any crypto-currency other than Bitcoin or Ethereum.
7.Shilling / pumping
Someone essentially advertising another crypto-currency. If a coin is promised to cure cancer or be the second coming of Jesus, it’s being shilled.
8. FOMO
Fear Of Missing Out. The overwhelming sensation that you need to get on the train when the price of something starts to skyrocket.
9. FUD
Fear, Uncertainty, and Doubt. Baseless negativity spread intentionally by someone that wants the price of something to drop.
so, what more do you know that wish to explain?
Challenge: explain these words if you can:
FUDster
Pump And Dump
ROI
MACD
Node
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