Fresh newbies in the currency circle, please at least understand the professional terminology of the currency circle first!
1. Position: refers to the ratio of the investor’s actual investment to the actual investment funds.
2. Full position: all funds are purchased into virtual currency.
3. Reduce positions: This means selling part of the virtual currency.
4. Liquidation: selling all virtual currencies.
5. Heavy position: buying a lot of a certain virtual currency.
6. Light position: It means that you buy very little of a certain virtual currency.
7. Opening a position: buying virtual currency.
8. Covering the position: means to continue buying virtual currency.
9. Take profit: After obtaining a certain amount of profit, sell the virtual currency held to keep the profit.
10. Stop loss: After the loss reaches a certain level, sell the virtual currency held to prevent the loss from further expansion.
11. Bull market: Prices continue to rise and the outlook is optimistic.
12. Bear market: Prices continue to fall and the outlook is bleak.
13. Long (long): The buyer believes that the currency price will rise in the future, buys the currency, and sells it after the currency price rises.
14. Short position (short selling): The seller believes that the currency price will fall in the future, and sells the currency he holds (or borrows currency from the trading platform). After the currency price drops, he buys it at a low price to make a profit.
15. Rebound: When the currency price falls, the price rebounds and adjusts because it falls too fast.
16. Consolidation (sideways): The price fluctuation is small and the currency price is stable.
17. Yin falling: the currency price slowly declines, and the soft knife cuts the flesh.
18. Diving (waterfall): The currency price falls rapidly and to a large extent.
19. Hold-up: It falls as soon as you buy it, which is referred to as hold-up.
20. Shortage: It goes up as soon as it is sold, which is referred to as shortfall.
21. Cut the meat: it will fall as soon as you buy it, sell the virtual currency at a low price and lose money.
22. Unwinding: After being trapped, the currency price rebounds and the loss turns into a profit.
23. Overbought: The currency price continues to rise to a certain height, the buyer's power is basically exhausted, and the currency price is about to fall.
24. Oversold: The currency price continues to fall to a certain low, the seller's power is basically exhausted, and the currency price is about to rise.
25. Luring bulls: The currency price has been consolidating for a long time and is more likely to fall. Most of the short sellers have sold the virtual currency. Suddenly the short sellers pull up the currency price, inducing the bulls to think that the currency price will rise and buy one after another. As a result, they are short. The other party suppressed the price of the currency, causing many parties to get stuck.
26. Short-selling: After bulls buy virtual currency, they deliberately suppress the currency price, making short sellers think that the currency price will fall, and sell them one after another. As a result, they fall into the trap of bulls.
