The cryptocurrency is constantly evolving at an extremely rapid pace, and new terminology is constantly being added. You probably know and understand the basics. But there is more to life than that, especially the idea of ​​advanced crypto terms. This will increase your knowledge as well as help you make better investment decisions.

With that in mind, here are 10 advanced crypto terms that you must know in 2022.

1 - Scalping

This is the most basic thing. What the stock market investors call day trading is called scalping in the crypto world. The basic idea of ​​scalping is to make small but steady gains every day through your crypto investments instead of waiting for big payouts. Also crypto scalpers rely heavily on technical analysis of coins and companies, they do not adhere to fundamental techniques like traders. As a result, try to learn more about candlestick chart patterns, how to read and understand charts. If you want to make a profit as a crypto scalper, try to understand what kind of support and tolerance you need.

2- High-frequency trading

High-frequency trading, or as many call it HFT, is another form of trading. Here large orders are transacted using the capabilities of advanced computer systems, in just a few seconds. These systems analyze multiple markets using programs with complex algorithms and execute orders depending on market conditions. The deeper you learn about crypto, the more you will learn about the advantages and disadvantages of using this trading method.

3 - Nons

"Number Only Used Once" means a number that has been used only once, in a nutshell. Therefore, nuns are numbers that can only be used once for a specific cryptographic process. In more detail, you may have heard terms like 'header hash' and 'golden nuns'. These have connections to block mining and add it to blockchain. If you want to be a crypto minor, you need to know the nuances first and foremost.

4- Hard fork and soft fork

In programming terms, fork refers to open-source code modification. In the crypto world, the term hard fork refers to any fundamental change in the blockchain system. As a result of this change, the older version became invalid in order to avoid any glitches or errors. Soft fork refers to changes in the blockchain that are compatible with older versions. These are basically minor blockchain functions or cosmetic changes.

5– DEX

DEX stands for Decentralized Exchange, which allows users to exchange coins or tokens using smart contracts without any centralized intermediation. You can decide for yourself if the policy is correct.

6 – Average True Range

The goal of the Average True Range (ATR) is to help crypto owners solve the biggest problems, to help them measure the volatile nature of the world and to find the right market to maximize profits. ATR does not signal buying or selling anything. It only measures the volatility of the crypto trading world, just as it does in the case of forex or stock trading. It is important to keep in mind that ATR only provides information on how much a particular asset can fluctuate within a given period of time. You can use this information to manage open positions related to the crypto assets you need, to determine stop-loss.

7 – Scalability Trilemma

Scalability Trilomema was created by Ethereum maker Vitalik Butarin and refers to the trade-offs that developers make to further enhance the features of a particular blockchain. This trilogy refers to a triangle where three main blockchain attributes are interconnected - scalability, decentralization and security. This trade-off makes every component effective when crypto assets go through much more complex changes.

8 - FUD

FUD stands for Fear, Uncertainty and Doubt. These three emotions always work in the subconscious mind of any investor or trader. Many people have the ability to influence these emotions and benefit themselves through it. In the case of crypto users, FUD is talked about when a person intentionally increases his profits by devaluing a certain cryptocurrency or even the entire crypto market by influencing the FUD response of genuine investors.

9 - Mempool

Multiple groups of blockchain transactions, each waiting to be associated with a block, are called mempools. The term is an acronym for Memory Pool and refers to the validation and checking process that takes place before it is successfully added to a blockchain.

10 - Tokenomics

Economics is followed by tokenomics, a combination of the two words 'token' and 'economics'. This refers to digital asset education, especially cryptocurrencies and their value. This broad range includes knowledge of token makers, allocation and distribution methods, market capitalization, business models, legal status, and also how different types of tokens will function in the larger economic ecosystem as crypto becomes more acceptable.

Thank for reading this