BASIC LEARNING TOOLS FOR CRYPTO TRADING.
BASIC LEARNING
๐#ALTCOIN = Any crypto currency other than bitcoin.
๐#ASHDRAKED = A situation where you lost all your money.
๐#BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.
๐#BEAR/BEARISH = Negative price movement
๐#BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)
๐#BULL/#BULLISH = Positive price movement
๐#DILDO = Long green or red candles
๐#DUMP = To Sell off a coin
๐#DUMPING = Downward price movement
๐#DYOR = Do Your Own Research
๐#FA = Fundamental Analysis
๐#FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)
๐#FUD = Fear Uncertainty & Doubt
๐#HODL = Hold/Hold a position
๐#JOMO = Joy Of Missing Out
๐#LONG = Margin bull position
๐#MCAP = Market Capitalization
๐#MOON = Continuous upward movement of price
๐#OTC = Over The Counter
๐#PUMP = Upward price movement
๐#SAJ #CANDLE = Huge green candle
๐#SHITCOIN = A coin with no potential value or use
๐#SHORT = Margin bear position
๐#SWING = Zig zag price movement (Upwards and downwards)
๐#TA = Technical Analysis
๐#REKT = When you have a bad loss
๐#REVERSE INDICATOR = Someone who is always wrong predicting price movements.
๐#RSI = Relative Strength Index
๐#WHALE = Very Wealthy trader/Market mover