Thursday, December 7, 2023

technoguf.com

Terms You Must Know About Cryptocurrency Market

In the cryptocurrency world people talk in short and some code words . the words which you should know before interning the cryptocurrency world. 

  1. HODL –  Hold on for your dear life. It means holding a coin for the long term and not selling it. 
  2.  Altcoin – Every cryptocurrency other than bitcoin.
  3. FOMO – Fear of missing out. Fear of losing the bull trend of a coin.
  4. JOMO – Joy of missing out, Happy you didn’t buy a coin
  5. Moon – Where everyone wants their coin to go.
  6. Bag Holder – Someone who is holding a lot of coins in the hopes that it will go up in the future.
  7.  Shitcoin – A worthless coin with no real value
  8. Dump – Downward price movement or a decision to sell a coin
  9. DYOR – Do your own research
  10. FUD – Fear, uncertainty and doubt
  11.  Whale – A Big Investors trader with a lot of money. 
  12.  Mining – The process of verifying transactions on the blockchain. 
  13.  Long – A decision to hold onto a coin or decision of buying.
  14.  REKT – When a coin goes down sharply and you have a bad loss
  15. Lambo – The car that many people want to buy after becoming rich.
  16. Swing – Rapid change of  price of a coin. 
  17. Pump – Effort to boost a coin by buying a lot of it all at once.
  18. Bearish – When the sentiment on a coin is negative or Downtrend
  19.   Bullish – When the sentiment on a coin is positive or Uptrend.
  20.   Exchange – Websites that allow you to purchase and sell cryptocurrencies
  21.   FIAT – Currency which is issued by a government
  22. TA – Technical analysis
  23. ATH – All-time high
  24. FA – Fundamental analysis
  25. MCAP – Market capitalization
  26.  Shill: Make a hype of coins in the market.
  27. Short: Prediction on ‘price will go down’.
  28. ICO: Initial Coin Offering
  29. IDO: Initial Dex Offering
  30. DeFi : Decentralized Finance

Get notified whenever we post something new!

Continue reading

Mastering Trading Patterns: A Comprehensive Guide

In the ever-evolving world of finance, mastering trading patterns is a critical skill that can set you on the path to success. Whether you are a seasoned trader or a newcomer to the world of finance, understanding and effectively...

Mastering Short-Term Trading: Strategies for Explosive Profits

In the world of finance, short-term trading has become an increasingly popular approach for investors looking to maximize returns within a limited timeframe. At Technoguf, we understand the demands of today's fast-paced markets and have curated a comprehensive guide...

How To Factory Reset iPhone: A Comprehensive Guide 

In this comprehensive guide, we will walk you through How To Factory Reset iPhone, step by step. Whether you're looking to troubleshoot issues, prepare your device for resale, or simply give it a fresh start, a factory reset is...