Bull Market: The market is growing, coin prices tend to increase. Bear Market: The market is bearish, coin prices tend to decrease. Sideways Market: The market is sideways, coin prices have no clear trend. 2. Types of orders:
Market Order: Order to buy/sell coins at the current market price. Limit Order: Order to buy/sell coins at the desired price. Stop-Loss Order: An order to automatically sell coins when the price drops to a certain level to cut losses. Take-Profit Order: Order to automatically sell coins when the price increases to a certain level to take profit. 3. Types of coins:
Bitcoin (BTC): The first and most popular cryptocurrency. Altcoins: Other cryptocurrencies besides Bitcoin. Stablecoin: A cryptocurrency pegged to another asset such as USD to reduce volatility. Token: A cryptocurrency issued on the blockchain platform of a specific project. 4. Some other terms:
HODL: Short for "Hold On for Dear Life", is a long-term coin holding strategy despite market fluctuations. FOMO: Short for "Fear of Missing Out", is the fear of missing out on investment opportunities, leading to hasty coin purchases without thorough research. FUD: Abbreviation for "Fear, Uncertainty, and Doubt", is a strategy of spreading negative information to reduce coin prices. Whale: Whale is an investor who owns a large amount of coins that can affect the market price. Note:
These are just some basic terms, there are many other terms in the coin market. You should research information carefully before investing in any coin.
Rising demand: Growing demand for decentralized payment methods and alternative investments could boost BTC prices. Widespread adoption: BTC adoption by large institutions and governments could lead to significant price increases. Technological developments: Improvements in the security, scalability, and usability of blockchain could strengthen BTC's position. 2. High volatility:
Speculative nature: The BTC market remains highly speculative, leading to large price fluctuations and the possibility of sudden declines. Regulation: Government regulation of cryptocurrencies can negatively affect BTC prices. Competition: The introduction of other cryptocurrencies could compete with BTC and affect its value. 3. Depression:
Loss of trust: Loss of trust in BTC due to cyber attacks, scams or security risks can lead to a significant drop in value. Replacement: The emergence of more efficient alternative payment or investment technologies could render BTC obsolete. Financial Bubble: If BTC is considered a financial bubble, it could burst and lead to a sharp drop in price. Note:
Predicting the future of any asset, including BTC, is difficult and cannot be guaranteed to be accurate. Investors should do their own research and evaluate risks before making a decision to invest in BTC.
## Introduction to ONUS exchange and reliability ## 1. Introduction to ONUS: ONUS is a decentralized cryptocurrency exchange (DEX) launched in August 2021. It focuses on providing safe and efficient trading for users in Vietnam and the Southeast Asia region. Highlights of ONUS: Decentralized trading: Allows users to fully control their assets. High security: Using advanced blockchain technology and multiple layers of security.