#小白必知
Let’s learn it, noobs! Cryptocurrency terminology:
1. Position: refers to the ratio of the currency held by the investor to the actual investment funds.
2. Full position: means buying virtual currency with all funds.
3. Reduce position: means selling part of the virtual currency.
4. Clear position: means selling all virtual currency.
5. Heavy position: means buying a lot of a certain virtual currency.
6. Light position: means buying very little of a certain virtual currency.
7. Open position: means buying virtual currency.
8. Cover position: means buying virtual currency again.
9. Stop profit: after obtaining a certain 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 further loss.
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 (going long): The buyer believes that the price of the currency will rise in the future, buys the currency, and sells it after the price rises.
14. Short (going short): The seller believes that the price of the currency will fall in the future, sells the currency in hand (or borrows the currency from the trading platform), and buys it at a low price to make a profit after the price falls.
15. Rebound: When the price of the currency falls, the price rebounds and adjusts due to the rapid decline.
16. Consolidation (sideways): The price fluctuation is small and the price of the currency is stable.
17. Yin decline: The price of the currency declines slowly, and the price is cut by a soft knife.
18. Diving (waterfall): The price of the currency falls rapidly and the amplitude is large.
19. Locked: It falls as soon as you buy, which is referred to as being locked.
20. Missing the opportunity: It rises as soon as you sell, which is referred to as missing the opportunity.
21. Cutting the meat: It falls as soon as you buy, and sell the virtual currency at a low price at a loss.
22. Unlocking: After being locked, the price of the currency rises and turns losses into profits.
23. Overbought: The price of the currency continues to rise to a certain height, the buyer's power is basically exhausted, and the price of the currency is about to fall.
24. Oversold: The price of the currency continues to fall to a certain low point, the seller's power is basically exhausted, and the price of the currency is about to rise.
25. Induce more: The price of the currency has been consolidating for a long time, and the possibility of falling is relatively high. Most of the shorts have sold virtual currencies. Suddenly, the short side pulls up the price of the currency, inducing the long side to think that the price of the currency will rise, and they buy in one after another. As a result, the short side suppresses the price of the currency, and the long side is trapped.
26. Induce short: After the long side buys virtual currency, it deliberately suppresses the price of the currency, so that the short side thinks that the price of the currency will fall, and sells out one after another, and finally falls into the trap of the long side.
