1. Position: The proportion of funds actually held by the trader
2. Full position: using all funds to buy cryptocurrency.
3. Reduce positions: sell some cryptocurrencies.
4. Liquidation: Sell all cryptocurrencies.
5. Heavy positions: A lot of cryptocurrency positions are bought.
6. Light position: The cryptocurrency position is bought very little.
7. Open a position: Buy some cryptocurrencies.
8. Covering a position: Then buy some virtual currency.
9. Full position: buying all virtual currencies at one time.
10. Take profit: After obtaining a certain amount of profit, sell the virtual currency held to keep the profit.
11. Stop loss: After losses reach a certain level, sell the held virtual currency to prevent further losses.
12. Bull Market: The prices of most cryptocurrencies continue to rise, and the outlook is optimistic.
13. Bear Market: The prices of most cryptocurrencies continue to decline, and the outlook is bleak.
14. Bull (Long): The buyer believes that the price of the coin will rise in the future, buys the coin, and sells it after the price rises.
15. Short Selling: The seller believes that the price of the coin will decrease in the future, sells the coins they hold (or borrows coins from the trading platform), and waits to repurchase at a lower price for profit after the price drops.
16. Rebound: When the price of the coin drops, it may recover and adjust due to the rapid decline.
17. Consolidation (Sideways): The price shows small fluctuations, and the coin price remains stable.
18. Slow decline: The coin price slowly declines, akin to a soft knife cutting flesh.
19. Diving (Waterfall): The price of the coin decreases rapidly, with a significant drop.
20. Trapped: Selling leads to a price drop, abbreviated as being trapped.
21. Missing the boat: Selling leads to a price increase, abbreviated as missing the boat.
22. Cutting losses: Selling at a low price after a buy leads to losses, commonly referred to as cutting losses.
23. Breaking free: After being trapped, the price of the coin rises, turning losses into profits.
24. Overbought: The price of the coin rises continuously to a certain height, and the buying power is basically exhausted, indicating that the price is about to drop.
25. Oversold: The price of the coin continues to fall to a certain low point, and the selling power is basically exhausted, indicating that the price is about to rise.
26. Inducing bulls: The coin price has been consolidating for a long time, with a high likelihood of a drop. Most shorts have sold off the virtual currency, and suddenly the shorts drive the price up, deceiving the bulls into thinking the price will rise, leading them to buy in, ultimately resulting in the shorts suppressing the price and trapping the bulls.
27. Inducing shorts: After bulls buy virtual currencies, they deliberately suppress the coin price, making shorts believe the price will drop, leading them to sell off, ultimately falling into the bulls' trap.
28. ICO: Initial Coin Offering, derived from the concept of Initial Public Offering (IPO) in the stock market. It refers to the financing behavior in which blockchain projects exchange their issued virtual currencies for commonly used virtual currencies in the market.
29. Private placement: Private placement is relative to public offering, which refers to fundraising behavior targeting a broad, unspecified audience, such as funds sold by banks. Private placement is aimed at a specific group to raise funds and cannot be publicly advertised.
30. Big cake: In the coin circle, the big cake generally refers to Bitcoin.
What does the coin circle mean?
The so-called coin circle refers to the community formed naturally by cryptocurrency players. The coin circle is not large, but the total number of people is not insignificant. Within the crowd, it basically belongs to a niche group, but it can be considered a circle. In the end, there are not many who make money in this circle, but it is one of the few places where ordinary people can cross class boundaries.
Where can I find news about the coin circle?
Market websites: Feixiaohao, MyToken, Aicoin, CoinMarketCap
News websites: Jinse Finance, Babita Community, Coin World News
Chat websites: Twitter, Telegram, Weibo, etc.
What does fiat currency mean?
Fiat currency, also known as legal tender, is issued by the state and government, backed by government credit, such as the Renminbi, US dollar, etc.
What does token mean?
Token is usually translated as a certificate. It is one of the important concepts in blockchain, and its more commonly known name is 'token'.
What does building a position mean?
Building a position in the coin circle is also known as opening a position, which refers to traders buying or selling a certain amount of digital currency for the first time.
What does 'all in' mean?
Phonetic translation of 'show hand', in the coin circle, 'all in' refers to investing all the principal.
What does airdrop mean?
Airdrops are currently a very popular marketing method in the cryptocurrency world, mostly obtained for free. To allow potential investors and cryptocurrency enthusiasts to receive information related to tokens, token teams often conduct airdrops.
What does locking a position mean?
Locking positions generally refers to investors opening a new position opposite to their original position when the market trends against their operations after buying and selling contracts, also known as hedging, locking orders, or even euphemistically called butterfly double flying.
What does candy mean?
Candy refers to various cryptocurrencies that are distributed for free to users when they are first issued during the ICO phase. It is a way for the project issuer to create hype and promote the project itself.
What does breaking the issue mean?
Breaking refers to falling below, and issuing refers to the issue price of the cryptocurrency. In the coin circle, breaking the issue means that a certain cryptocurrency has fallen below its issue price.
What does private placement mean?
Private placement is a way to invest in cryptocurrency projects. It is also the best way for cryptocurrency project founders to raise funds for platform operations.
What is a K-line?
K-line charts are drawn based on the opening price, highest price, lowest price, and closing price of each analysis period.
What does arbitrage mean?
Arbitrage means buying digital currencies where the price is low and then selling them where the price is high.
What is GAS?
Gas required for on-chain transactions refers to the fees that blockchain users need to pay to network validators when executing transactions or interacting with smart contracts. These fees are generally paid in the form of the blockchain network's native assets.
What is a stablecoin?
Stablecoins are cryptocurrencies that are pegged to 'stable' assets (such as the US dollar). For example, one USDT is equivalent to one US dollar.
What does KYC mean?
Real-name authentication
What does C2C mean?
Through exchanges, transactions between users using fiat and cryptocurrencies are called C2C transactions.
What does depositing (withdrawing) mean?
Purchasing cryptocurrencies with fiat currency or selling cryptocurrencies to convert them into fiat currency on exchanges.