Hello everyone! As for now, I planned to share another information about Crypto trading terms. These are just basic Terms as a guide if you have a plan in entering Crypto Trading. I just Define the terms into a Short sentence so that you can understand it easily. Let's get Started,
Cryptocurrency Trading Terms
•Altcoin
>Alternative cryptocurrency launched after Bitcoin.
•Ath
>All time High. The highest price that the coin has ever reached.
•Bullish
>An expectation of increasing prices.
•Bearish
>An expectation of decreasing prices.
•Fiat
>Currency that is a Government issued legal tender, such as the USD or UER.
•Cold storage
>Moving cryptocurrency offline to a hardware wallet.
•FOMO
>Fear Of Missing Out.
•FUD
>Fear, Uncertainty, Doubt, Propaganda and media coverage that lowers investors confidence and lowers market prices.
•Fork
>When an existing Blockchain splits into to separate Blockchain.
•Fudsters
>An entity that spreads Fud.
•HODL
>To hold the Currency, an internet slang used in Cryptosphere.
•ICO
>Initial Coin Offering. A type of Crowdfunding.
These are the Terms that I researched, I Summarized its defintion into a Very short, So that you can Understand it easily. You are free to Study these terms if You are into trading. I know that there too many terms that I need to reasearch, but hope this will help you. I'm also into trading, but soon, because I'm still generating some funds here.
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Special thanks to @MisterWriter for the Tip to my last Article. Thank you very much..😇😇
This is useful! 👍 You did a good research..Nice one. 👍👌