The basic terminology of the blockchain industry

Basic vocabulary

Position: refers to the ratio of the actual capital invested by the investor to the actual capital invested.

Full position: refers to all funds used to purchase virtual currency.

Lighten up: is to sell a part of virtual currency.

Clearance: is to sell all virtual currencies.

Shigekura: A certain type of virtual currency was purchased in large quantities.

Wessang: A certain type of virtual currency is rarely purchased.

Opening a position: buying virtual currency.

Closing a position: Refers to the act of buying virtual currency next.

Full position: buy all virtual currencies at once.

Take profit: After gaining a certain amount of profit, sell the virtual currency held to retain profit.

Stop loss: When the loss reaches a certain level, sell the virtual currency held to prevent the loss from further expanding.

Bull market: Prices continue to rise and the outlook is optimistic.

Bear market: Prices continue to fall and the outlook is bleak.

Bullish: The buyer believes that the currency price will rise in the future, buy the currency and sell it after the currency price rises.

Bearish: The seller believes that the currency price will fall in the future, so he sells the currency he holds (or borrows money from the trading platform), and when the currency price falls, he buys it at a low price to make a profit.

Rebound: When the currency price falls, the price adjusts again due to the rapid decline.

Sideways: The price fluctuates little and the currency value is stable.

Yin fell: The currency price slowly fell, and the soft knife cut the meat.

Jumping off the cliff (waterfall): Currency prices have fallen sharply, falling sharply.

Hold-up: Buy and fall, referred to as a trap.

Takong: It goes up as soon as it sells, referred to as Takong.

Cut meat: One buy and one fall, selling virtual currency at a loss.

Unwinding: After the quilt, the currency price rebounded and turned losses.

Super buying order: The currency price continues to rise, the buying power has been basically exhausted, and the currency price is about to fall.

Super selling order: The currency price continues to fall to a certain low point, the selling force has been basically exhausted, and it is about to rebound.

Luring more: the price of the currency is consolidating for a long time, and the possibility of falling is high. Most of the shorts have sold virtual currencies. The shorts suddenly pushed up the price of the currency, inducing many parties to believe that the price of the currency will rise and buy one after another. As a result, the short side suppressed the price of the currency. , To trap many parties.

Short-inducing: After buying virtual currency, the bulls deliberately lower the price of the currency, so that the bears think that the price of the currency will fall and throw them out one after another. As a result, they fall into the bull trap.

Mining: The process of using computers, mobile phones and other devices to run calculation programs to obtain digital currency. Note that digging will shorten the service life of the equipment.

ICO: Derived from the concept of initial public offering (IPO) in the securities market, it is a financing behavior in which a blockchain project uses its own virtual currency to exchange the commonly used virtual currency in the market.

Compared with the public sector, the goal of the public sector is to raise funds from unspecified people, such as funds sold by banks; while the goal of the public sector is to raise funds from specific people, and it cannot conduct public advertising.

Angel wheel: The angel wheel, also known as angel investment, refers to the individual funding to help entrepreneurs who have special technologies or unique concepts but lack their own funds to start their own businesses, and take high risks in the entrepreneurial process and enjoy the high levels of successful entrepreneurship. Earnings, or a one-off upfront investment made by free investors or informal venture capital institutions for original project ideas or small business ventures. Venture capital is one of the special forms of venture capital.

Basal round: refers to similar to private equity round

Basic knowledge

What does currency mean?

The currency circle we are talking about is the natural circle formed by digital currency players. The scale of the currency circle is not large, but the number is also large. It is basically a small group in the crowd, but Lin Lin is finally a circle, and there are not many people who make money. Various ways to make money are quickly copied, ico, currency speculation, mining and so on.

How can I make money?

There are many ways to make money in the currency circle, such as speculating coins to make the difference, ICO crowdfunding, moving bricks and so on.

Where does currency information look generally?

Twitter: Twitter: Twitter: Twitter: Golden Finance, Bab community, Montoken Express chat site, Twitter: Twitter, telegram, slack

What is fiat currency?

Currency is legal tender, issued by the country and the government, and only the government's credit can guarantee its use, such as RMB and U.S. dollars.

What does Token mean?

Token is usually translated as a pass. Token is an important concept in the blockchain, and the more well-known name is Token.

What does it mean to build a warehouse?

Currency opening, also known as opening a position, refers to a trader buying or selling a certain amount of digital currency newly.

What is Stud?

"Showhand", coin circle stud means to invest all the principal.

What does airdrop mean?

At present, airdrops are a very popular method of promoting cryptocurrencies, most of which are free. In order to enable potential investors and cryptocurrency enthusiasts to understand token-related information, the token team will regularly conduct airdrops.

What does it mean to lock a position?

Locking a position generally refers to an investor opening a new position that is opposite to the original position after the purchase and sale contract, when the market shows a trend opposite to his own operation. It is also called pair lock, lock order, and even the so-called butterfly double fly .

When the ICO was just issued, various digital currencies were distributed to users for free. This is the virtual currency project issuer's promotion and promotion of the project itself.

What does it mean to break hair?

A broken bit represents a break, and a broken bit represents the issuance price of digital currency. Currency devaluation means that the issue price of a certain digital currency is lower than the issue price.

What does private investment mean?

Private investment is a way of investing in cryptocurrency projects and the best way for creators to raise funds for platform operations.

How to see the k-line?

In each analysis cycle, the candlestick chart is drawn with the opening price, the highest price, the lowest price and the closing price.

What does it mean to move bricks?

"Moving bricks" refers to buying digital currencies from low-currency exchanges and then transferring them to high-currency exchanges for sale.