CRYPTO TERMINOLOGIES YOU SHOULD KNOW (SERIES 3)
1.*DYOR* - (Do Your Own Research) often aims to reduce the number of uninformed investors in cryptocurrency. It encourages them to research and understand a cryptocurrency before investing.
2. *NFA* - (Not a Financial Advise) The term is also often used as a disclaimer when cryptocurrency traders and enthusiasts make public posts or share their market analyses on social media platforms.
The market cannot be 100% predictable and even a âCorrectâ analysis can fail so itâs important that users apply discretion while investing.
3. *WHALE* - A crypto whale is wealthy individual or a company that can move large amounts of cryptocurrency in one go. This can have a big impact on the market.
4. *FUD* - (Fear, Uncertainty and Doubt) Events and news that create a negative effect on the market
5. *BULLISH* - The upward movement of a market
6. *BEARISH* - The downward movement of a market
7. *ATH* - All time high
8. *ATL* - All time low
9. *STAKING* - the act of locking up your cryptocurreny to help secure the network and validate transactions
10. *FARMING* - mostly same as staking
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