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Author Topic: Terms and Terminologies used in Crypto Trading  (Read 211 times)
heritage35 (OP)
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May 09, 2018, 08:11:18 AM
Last edit: May 09, 2018, 09:39:58 AM by heritage35
 #1

Trading is an area of earning cryptocurrency that needs accurate knowledge before venturing into it. When you know and have good experience on rading, you will enjoy it.
These are some of the terms and terminologies used by people who are into trading. These are to be lookedout for by those are are still learning or who intend going into trading:

Exchange - website where you can buy and sell crypocurrencies. Example of some exchange sites are; Binance, Bittrex, Kucoin, Okex, HitBTC and many more.

EMA - Exponential Moving Average. This is a moving average that reacts faster to recent price changes than a simple moving average.

Arbitrage - an opportunity based on taking advantage of the difference in price  of the same coin on two different exchanges. For instance, buying a coin cheaply on one exchange and selling high on another exchange.

Bollinger Band - A margin around the price of a crypto that helps indicate when a coin is overbought or oversold.

MACD - Moving Average Convergence Divergence. A trend indicator that shows the relationship between two moving averages of prices.

FIAT - Goverment-issued currency, such as US dollar, Euro.

Limit order / limit sell / limit buy - Orders placed by traders to sell or buy a crypto-currency when the price meets a certain amount.

Sell wall / buy wall - The act of using a depth chart, traders can see the current limit buy and sell points.

Market order / market buy / market sell - This is simply the purchase or sale on an exchange at the current price. Market buys purchase the cheapest coin or altcoin available on the order book, and market sells fill the most expensive buy order on the books.

Margin trading - This is the act of ‘magnifying’ the intensity of your trades by risking your existing coins.

Going long - A margin trade that profits if the price increases.

Going short - A margin trade that profits if the price decreases.

Pump And Dump - recurring cycle of a coin or altcoin getting a lot of attention, leadin to a fast price rise and afterwards, a huge fall.

FOMO - Fear Of Missing Out. An overwhelming feeling that you need to get on the train when the price of something starts to skyrocket.

FUD - Fear Uncertainty Doubt. Unsubstantiated negative news, spread by someone that wants the price of something to drop.

FUDster - Someone that is spreading FUD.

Bagholder  - Someone who is still holding an altcoin after a pump and dump crash. This is also someone holding a coin that is sinking in value with few future prospects.

ROI - Return on Investment. Percentage of money made, compared to the initial investment. There are times that the ROI can be above 1000%.

TA - Trend Analysis or Technical Analysis. This is the prediction on which way the market will move next by observing of examining the current chart.

Bullish - this means price increase and could also be an expectation.

Bearish - this means price decrease and could also be an expectation.

ATH - All Time High. This is the highest, lowest, best, etc. level or price that has ever been.

Altcoin - Generally any crypto-currency other than Bitcoin or Ethereum. (Though some Bitcoin folks would probably still say Ethereum is an altcoin)

Tokens - Refers to the cryptocurrency of projects built on the platform of another network that have raised money via issuing their own tokens.

ICO - Initial Coin Offering.

Shilling - Someone essentially advertising another cryptocurrency. If a coin is promised to cure an ailment or provide a solution to an existing problem, it is being shilled.

Stable coin - A cryptocurrency with extremely low volatility that can be used to trade against the overall market.

temilade200
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May 09, 2018, 08:36:13 AM
 #2

Thanks so much for this enlightenment. I heard and read many times on how people make it big in trading. Just recently, i was considering going into trading and these are some of the terms needed by everyone who aspires to trade. Trading can be so technical and a novice that is into trading can easily lost his investments if care is not taken. That is more reason it is very good to learn the act before starting. Once again, i appreciate you sharing this important info.
Aniwura
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May 09, 2018, 08:54:27 AM
 #3

These are nice tips. This made me to remember when i trade some coins in arbitrage. There are some sites that most times make coins to dump and some are very good at pumping prices. Sometimes ago, i bought i coin cheaply on Folkdelta, when it was unofficially listed and i was able to sell on another exchange at higher price within 24 hours. Sometimes, crypto is operated like this and you need to keep yourself updated.
Gab20
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May 09, 2018, 04:32:55 PM
 #4

Nice one bro. These are most of the terms that are needed to be known as crypto traders. There were times i came across some of these terms, but never knew the meanings. Trading is one of the most lucrative aspect of crypto, but it needs adequate caution while trading on any exchange, so as to avoid unnecessary mistakes.
Pet240
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May 10, 2018, 09:10:11 AM
 #5

There are occasions when one ought to learn the rudiments before going into such. Trade sometimes can be very complex. That is why some are afraid of trading.
Trading is a major determinant to market status at every point in time. If a coin moons, it is as a result of trading activities and if it dumps, trading is also involved. Without trading, there cannot be crypto, which calls for us to learn this act when we are into cryptocurrency.
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May 10, 2018, 09:29:10 AM
 #6

Trading is not easy if there is no powerful tools to use and save our time..
Learning is very important when comes to crypto trading. But there has to be a solution with all the data analytics and learning tools. Ftec is one good and promising project for traders. A complete trading ecosystem: https://ftec.io/en Let's see how powerful this can be!

omozie
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May 10, 2018, 09:32:41 AM
 #7

This is some good abbreviations or terminology compilation. It's good for noobs to know what they are getting into. Some of those things literally gives some people false meanings because they think it's something else
ylnar123
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May 10, 2018, 09:39:03 AM
 #8

Trading is an area of earning cryptocurrency that needs accurate knowledge before venturing into it. When you know and have good experience on rading, you will enjoy it.
These are some of the terms and terminologies used by people who are into trading. These are to be lookedout for by those are are still learning or who intend going into trading:

Exchange - website where you can buy and sell crypocurrencies. Example of some exchange sites are; Binance, Bittrex, Kucoin, Okex, HitBTC and many more.

EMA - Exponential Moving Average. This is a moving average that reacts faster to recent price changes than a simple moving average.

Arbitrage - an opportunity based on taking advantage of the difference in price  of the same coin on two different exchanges. For instance, buying a coin cheaply on one exchange and selling high on another exchange.

Bollinger Band - A margin around the price of a crypto that helps indicate when a coin is overbought or oversold.

MACD - Moving Average Convergence Divergence. A trend indicator that shows the relationship between two moving averages of prices.

FIAT - Goverment-issued currency, such as US dollar, Euro.

Limit order / limit sell / limit buy - Orders placed by traders to sell or buy a crypto-currency when the price meets a certain amount.

Sell wall / buy wall - The act of using a depth chart, traders can see the current limit buy and sell points.

Market order / market buy / market sell - This is simply the purchase or sale on an exchange at the current price. Market buys purchase the cheapest coin or altcoin available on the order book, and market sells fill the most expensive buy order on the books.

Margin trading - This is the act of ‘magnifying’ the intensity of your trades by risking your existing coins.

Going long - A margin trade that profits if the price increases.

Going short - A margin trade that profits if the price decreases.

Pump And Dump - recurring cycle of a coin or altcoin getting a lot of attention, leadin to a fast price rise and afterwards, a huge fall.

FOMO - Fear Of Missing Out. An overwhelming feeling that you need to get on the train when the price of something starts to skyrocket.

FUD - Fear Uncertainty Doubt. Unsubstantiated negative news, spread by someone that wants the price of something to drop.

FUDster - Someone that is spreading FUD.

Bagholder  - Someone who is still holding an altcoin after a pump and dump crash. This is also someone holding a coin that is sinking in value with few future prospects.

ROI - Return on Investment. Percentage of money made, compared to the initial investment. There are times that the ROI can be above 1000%.

TA - Trend Analysis or Technical Analysis. This is the prediction on which way the market will move next by observing of examining the current chart.

Bullish - this means price increase and could also be an expectation.

Bearish - this means price decrease and could also be an expectation.

ATH - All Time High. This is the highest, lowest, best, etc. level or price that has ever been.

Altcoin - Generally any crypto-currency other than Bitcoin or Ethereum. (Though some Bitcoin folks would probably still say Ethereum is an altcoin)

Tokens - Refers to the cryptocurrency of projects built on the platform of another network that have raised money via issuing their own tokens.

ICO - Initial Coin Offering.

Shilling - Someone essentially advertising another cryptocurrency. If a coin is promised to cure an ailment or provide a solution to an existing problem, it is being shilled.

Stable coin - A cryptocurrency with extremely low volatility that can be used to trade against the overall market.



This is a big help for me regarding terms in cryptocurrency. Though I am totally used to using these terms but at least I can have an idea on what it is when used.

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leoliln45
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May 10, 2018, 08:31:56 PM
 #9

Its a really good information. People will be greatly helped by reading it. Newbies should read this information for their trading.You really did a great job. Its really important for all the users to know about the terms and termologies about crypto trading.
tomwell
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May 10, 2018, 09:06:48 PM
 #10

Whoah  Shocked! Thank you so much. This contain some much needed vocabs that one needs to learn before entering in cryptocurrency world. Thats a great help!
S3rj0
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May 10, 2018, 09:10:43 PM
 #11

Quote
Bagholder  - Someone who is still holding an altcoin after a pump and dump crash. This is also someone holding a coin that is sinking in value with few future prospects.
I didn't know this, i heard many times about bagholders but never understood it. Thanks for you useful tips, i really appreciate your post.
AlbertoMelo
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May 10, 2018, 09:17:33 PM
 #12

Nice compilation .


Sell wall / buy wall - The act of using a depth chart, traders can see the current limit buy and sell points.




just this one that I think could be a little more elaborated . As usually the buy / sell wall works as tactic when someone or a group has a big pockets and big positions and go for a quick profit
JacobLiam12
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May 10, 2018, 09:19:25 PM
 #13

I appreciate your thinking. It will be very helpful for the new comers. Knowing about this terms and terminologies are very important if someone want to do trade in cryptocurrency.

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May 10, 2018, 09:22:39 PM
 #14

Thank you for adding and feeding my knowledge i have learn another terms for crypto trading,i need this because soon i would like to try trading also.
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May 10, 2018, 09:25:15 PM
 #15

Wow! This is really educating a d informative. I bet 50% most especially the newbies and junior members do not know most of these things. I found this information worthy and people should understand all these terminologies otherwise they might be lost when trading.
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May 10, 2018, 09:30:14 PM
 #16

These are nice tips. It took me some time before I could know some of them. I want to start (or rather restart)n cryptocurrency trading but I do not have the necessary skills. Some say I need to do fundamental and technical analysis of the market in order to get successful trades. Do you have any tips on this?

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May 10, 2018, 09:58:03 PM
 #17

New people of cryptocurrency will be benefited by this post. Terms and Terminologies used in Crypto Trading becomes tough for our new mates . great post i appreciate it.
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May 11, 2018, 04:04:48 AM
 #18

I am new in trading and I admit that there are still terms I hardly understand in this field. Glad, I have read your thread thus helped me a lot in this area. Honestly, I just encountered those terms today, considering I am studying and searching about trading and yet I missed out this terms.
Quote
Stable coin - A cryptocurrency with extremely low volatility that can be used to trade against the overall market.

I now realized, there are just few stable coins in the market. I mean, their value is almost the same everyday, thus choosing this to become safe in trading is the right decision to make.
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May 11, 2018, 04:15:30 AM
 #19

this is good information for beginners, because sometimes I am also confused what is the meaning of crypto istiliah they always say, after reading this I a little more understanding the word term in crypto world.
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May 11, 2018, 09:37:25 AM
 #20

If any investor wants to invest in a particular area they need to know the rules and regulation which is related with their investment. So i thing these tips are also helpful for all crypto traders. So i am thankful to you for sharing these tips.
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