Hello dear Steemians, in the first class of our friend @besticofinder he spoke about cryptocurrency giving us a clear and incredible introduction on the subject. On a subject that we still do not know much about and that is why I think it is important that you take a look at this introduction to cryptography.

During class, the teacher left us the first homework, so I am present by responsibly bringing it to him before the required date, complying with all the rules and regulations. So, I invite everyone to learn about some crypto basics that any newbie should learn and not so newbies too.

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Homework - Task 1

Make an article with short explanations of the following fundamental trading terms: Altcoins, Stable coin, trading pair, Bagholder, HODL, Sats, Bear / Bearish, Bull / Bullish, FUD, etc. You need to do your own research on each term and provide a small explanation. By @besticofinder

Altcoins

Surely many of us have heard or read the word "Altcoins" many times without knowing its meaning. At first, I wondered what the sister of bitcoins is? Then little by little I learned to until I found out that altcoins are nothing less than all those cryptocurrencies that are not BITCOINS, oh! That is, they are not the sisters if not the daughters of BTC, since all these altcoins are produced thanks to the hard-forks that BTC has experienced, rather, each altcoin is produced when a copy of the btc code occurs to give it the birth of these new currencies or alternative cryptocurrencies, so we have had many hard-forks of bitcoins. Here are some examples of altcoins:

• STEEM
• TRX
• ETH
• RIPPLE
• LITECOIN
• ADA
• EOS, ETC

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The relationship of altcoins with bitcoins is that, as the price of BTC rises, altcoins tend to increase in price, and vice versa, that is, it is directly proportional, although sometimes the market has behaved differently, that is, , that despite the rise of the BTC, the altcoins did not change its value. Altcoins, Wikipedia

STABLECOINS

This, as its name, says, "stable currency", are all those currencies that maintain their stable price and that are linked or backed by any traditional asset such as fiat currency (dollar, euro, etc.), and other assets such as gold, oil, etc. Stablecoins are the complete opposite of BTC and altcoins with respect to their volatility, and they are perfect when the price of bitcoins plummets since we can keep our money in stable currencies that will never suffer a change in price or value. That is, one (1) stablecoin is equivalent to 1 USD, 1 EURO, etc. Here are some of the most popular stablecoins:

• Tether (USDT)
• USDCoin (USDC)
• TrueUSD (TUSD)
• DAI
  
  
  What are stablecoins? By Binance.com
  Most popular Stablecoins
  
  
  
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TRADING PAIR

The trading pair is the comparative value between one currency and another, that is, it is the function through which two currencies can be traded. For example BTC / STEEM, there we can see how many STEEM we can receive for so much BTC, or vice versa “how much BTC we can receive for so many BTC, in real-time. Cypto trading pairs.

_{Capture binance app (11 Febraury, 2021) | by @saracampero}

BAGHOLDER

When we talk about bagholder we refer to an investor or person who buys great amounts of cryptocurrencies at an economic price or at a low price with the hope that one day it will increase, and thus, be able to multiply his investment. Bagholder, blockchain dictionary.

Example: 1,000,000 USDT investment in STEEM at $ 0.22 in the hope that the STEEM will be boosted to a much larger amount and thus multiply the money invested.

HODL

It is when we hold onto cryptocurrencies even though their price falls. For example, I bought 100,000 STEEM "I wish I could" at a value of $ 0.23 and suddenly the price dropped to $ 0.16, losing a significant part of my investment, but still I kept my STEEM and we gave it to us. I sold, either because I love this cryptocurrency or because I hope that in some future it will increase and recover or multiply, but so it goes down in price I will not drop my steem.
Did you know that the word hodl was misnamed due to someone misspelling hold on a forum in the past? I just found out. HODL, blockchain dictionary.

SATS

It is simply the abbreviation of "satoshi", they knew that the name satoshi comes from the founder of btc "Satoshi Nakamoto" or well the pseudonym used by the creator or creators of the BTC at that time. What is a sats?

Bear / Bearish

It refers to when it is believed, thought, or predicted that the current price of a cryptocurrency will go down. There are many investors who are pessimistic and take advantage of that sentiment to try to profit from a bear market. Quite the opposite of a bullish. Bear / Bearish

Bull / Bullish

It is the opposite of bearish, that is to say, that he is an investor with greater optimism and I invested trusting that the price will rise. I consider myself bullish. Bull / Bullish

FUD

The cryptocurrency "Fud" is when fear, uncertainty or doubt is felt or created about whether a currency is reliable. Will it go up in price? And if it goes down? What if I lose my money? That's what he's known as fud in this crypto world. Fud?

Conclusion.

This task was very nutritious since I learned some things while doing research, I hope I have complied with your demands to the letter and that my definitions of these terms are close to reality. Thanks to @steemitblog and our teacher @besticofinder, I hope you enjoy my analysis of a fun investigation.

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