What do you call a person who has no experience in the field, enters this market, buys a currency and invests in the long term?
Ahmed Alkadmy
Dec 7, 2024
🌟 Learn the most important trading terms in the financial markets! 🌟
If you are new to trading, you may hear words like “whales”, “bears”, “bulls” and more! 🤔 Don't worry, here is a simple explanation of each term:
1. 🐋 Whales: Large investors or large institutions that own huge amounts of assets (such as cryptocurrencies). 🔹 Their influence is very big; if they sell or buy, the market can move suddenly.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
Welcome to Binance OTC! Reach out to us at trading@binance.com, via Telegram (@binanceOTCTrading), or visit https://www.binance.com/en/otc for more information.