I was just watching a few videos related to the crypto market and from there I found an idea of a very interesting topic of guiding what I have learned about the Basic crypto terminologies, To make it more interesting I am gonna ask a few interesting questions related to these terminologies and also
let me know before reading how much terminologies you knew.By dividing the terminologies into the classes according to my own view here is the list;
Basic Crypto Terminologies
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Altcoin: All tokens/coins except Bitcoins are altcoins.
(Do you invest in Altcoins, if yes than Why ?).
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CEX: Centralized exchange platforms, like Binance, Coinbase, Kucoin etc
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DEX: Decentralized exchange platforms such as Uniswap
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Whales: The maker investors with large holdings of particular assets as > 1K BTC (are the whales).
(Are you a whales ?).
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Shitcoin: Projects with massive supply and zero potential.
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KYC: Know Your Customer a policy imposed by platforms to grab the personal information.
(What is your take on KYC ?).
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NFT: Non-Fungible Tokens.
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CT: Crypto Twitter as Glassnode and other Twitter accounts related to crypto.
(Which CT you follow ?).
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ATH: All-Time High market value. (What can the upcoming ATH ?).
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ATL: All-time low of the market value.
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OTC: A buying or selling in which exchange is not involved.
(Have you ever tried it ?).Terminologies used in Analysis
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M.CAP: Market capital is the total value of the project.
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Total Supply: The maximum supply of a coin/token which can be mined or available in the whole lifecycle of the project.
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Circulating Supply: The supply of the project available in the market for the traders at the current time.
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Fully Diluted Market Cap: The market capital value for the total supply of the coin/token.
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Dominance: The sharing of a project in the market is its dominance.
(Will Bitcoin hold its Dominance in Future ?)➥
Portfolio: Having one or more funds in the wallet describes your portfolio in the market.
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FA/TA: Fundamental Analysis / Technical Analysis
(Which one you prefer while trading?).
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Whitepaper: A document with the whole project's technical and basic details with future roadmap and team information.
Terminologies used in Trading
Spot Market: A market in which you trade with the real-time funds you have by buying and Selling.
(Do you prefer Spot ?).
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Future market: A market in which you trade with your own and borrowed funds by Long and Short.
(What about Future Market ?).
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P2P: Person to Person trade.
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Liquidity: The assets available in the market for buying and selling.
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Leverage: The borrowed funds used to trade in the Future market by 1X to 200X.
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Liquidation: A price range in which the trader loses his funds due to borrowing default.
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Long: A trade of buy in the future market.
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Short: A trade of sell in the future market.
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Support Level: A level in the market where we find strong buying trades.
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Resistance Level: A level in the market where we find strong selling pressure.
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Retracement: A pattern in which the market pumps from a price X to Y and then Y to Z and then Z to Y.
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Breakout: A specific market point from where breaks the strong resistance and Pumps.
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FakeOut: A specific market point in which the market break resistance and then again fall down after some time.
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Correction: A phenomenon of the market in which the market pumps and then again falls down (Due to profit booking).
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Accumulation: The process of continuous buying of Bitcoins or any other coin is called accumulation.
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Stop Loss: The price on which the trader exits from the market in loss to avoid more loss.
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Take Profit: The price at which trader books profit on trade to avoid greed.
Other Terminologies
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Noobs: The people who are new and uneducated to the market.
(Which is your Level Now ?).
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Degans: People who invest in the the market without any analysis and information. (
Did you started as Degan?).
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REKT: A person / trader who faces Heavy Loss.
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Rug pull: When the CEO / Owner of project dump all his coins in market by selling them.
(Did you experienced any Rug pull on investment ?).
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PONZI: The financial trap schemes offer 100% to 300% of your assets in short time.
(Is Bitcoin is PONZI ?).➥
Low CAP Gem: A project with low market cap but huge future potential.
(What do you think about BTC ?).➥
Mainnet: The Blockchain we use in Realtime as final product is mainnet.
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Testnet: The Blockchain we use to test the functionality of blockchain is testnet.
Note: As you know these are all terminologies so the source cant be provided becasue some of them i have learned from Youtube and some i already knew.
Please let me know how may you knew before for fun facts.Update:
These all topics were given below by my dear fellow I have updated them, more likely there is more stuff to explore but these threads seems inactive.