BASIC LEARNING TOOLS FOR CRYPTO TRADING.steemCreated with Sketch.

in #cryptocurrency โ€ข 7 years ago

tips-cryptocurrency.pngBASIC LEARNING

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

๐Ÿ“Œ#WHALE = Very Wealthy trader/Market mover