Oct 23, · Bitcoin trading is the act of buying low and selling high. Unlike investing, which means holding Bitcoin for the long run, trading deals with trying to predict price movements by studying the industry as a whole and price graphs in particular. Aug 20, · A Glossary of all the Cryptocurrency Terms you need to know. 1. Bitcoin: When the B is capitalized, it represents the overarching concept of Bitcoin: The technology, the community, the protocol, and the software. 2. bitcoin: When the b is not capitalized, it is describing the unit of currency. 3. Altcoins: Alternative cryptocurrencies to Bitcoin. Therefore I thought it would be useful to have a glossary of all the terms you may come across. Trading Related Terms. Exchange (see collection) Websites where you can buy and sell crypto-currencies. Some popular exchanges in North America are: Coinbase. (Though some Bitcoin folks would probably still say Ethereum is an altcoin).
Bitcoin trading terminology51 Cryptocurrency Glossary: Dictionary of Cryptocurrency and Bitcoin Terms
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous In this scenario, Bitcoin may have topped for the year. What do yall think? Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!!
Hello everyone In my previous analysis even though I am bearish in bigger picture.. However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle.. Price broken triangle but need to close above green line and same time Green line need to hold as support..
However XRP should stop dumping hard now, the news made it through the whole world, everybody who had to panic panicked already. Technically we are seeing a diamond on BTC which is a bearish Yesterday BTC aims towards local support orange line.
After trying to attempt this support area we started seeing a nice uptrend. This resistance area marks a critical resistance target. If we close above , we can expect The infamous "Then they fight you" phase started! Merry Christmas. BTC is facing resistance along the 0. Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr. Take most of profits here. Most likely will decline back to 35 ema. There is no correction at this moment!
P2P: It means peer to peer or person to person. Block: A group of bundled-up transactions which miners choose to verify. Proof Of Work : A decentralized consensus mechanism that is done by mining algorithms by spending computational power.
Proof Of Stake: A decentralized consensus mechanism in which your existing stake in currency is used to mine or forge blocks to reach the consensus. ICO : Initial Coin Offering of new crypto coins or tokens offered to the general public in return for their fixed priced investments. It is a new way of decentralized crowdfunding. Hard Fork: A software update or an update on the blockchain protocol that is not backward compatible.
Faucet: A service or website that pay you in cryptocurrencies in exchange for playing games or doing certain tasks. Fiat: A regulated and centralized paper currency of any nation. Block Reward: It is a reward in the form of native cryptocurrency given to miners for solving a computationally difficult problem. Bitcoin miners now get Block Height: It is the number of blocks mined after the genesis block.
In Bitcoin, the halving happens after every , blocks. Here is a list of top exchanges. It means to hold onto the cryptocurrency that you have invested and ignore the sentiments. Whale: It refers to an entity or a person who holds an absurd amount of particular cryptocurrency and has the potential to manipulate the market.
Bullish: A feeling based on some factors that the price of a crypto will increase. ATH: An All-time-high price of a cryptocurrency. FOMO: Fear of missing out. A feeling in which you want to get onboard a skyrocketing price rally. To The Moon: Refers to price moving to astronomical heights. With time and the ever-evolving crypto space, I am sure that many new terms will come up. Hence, I will keep updating this list of cryptocurrency terms regularly on CoinSutra.
Know some more common crypto jargons that can be added to this list? Let me know in the comments below! Like this post? Harsh Agrawal is the Crypto exchanges and bots experts for CoinSutra.
He has a background in both finance and technology and holds professional qualifications in Information technology. After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra. Well explained Sudhir. This write up was very much wanted by me. So also other new investors Thanks. Awesome info for new entrants in this space.
People will come across this term, especially on forums like Bitcointalk. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Notify me of new posts by email.
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