Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

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Bullish

Bullish (from the English. Bullish - bull) The term that means optimistic mood and faith in the development of a separate token, project or the entire market.

Other Important Terms

Bear Market

This is the period in the cryptocurrency market, which is accompanied by stagnation or falling prices for cryptocurrency assets.

This is a transaction that is carried out in order to earn money to reduce the cost of a cryptocurrency asset. The algorithm of actions is as follows: 1) The trader believes that the price for token x will begin to fall in the near future, so it occupies a certain amount of these tokens on the bail of its own funds and immediately sells tokens X on the exchange 2) then patiently waits until the price for token x falls to a certain mark 3) As soon as this happens, the trader redeems X tokens at a lower price and returns their exchange Profit: The difference between the price of the sale and the purchase price.

Decentralized Autonomous Organizations

DAO is an abbreviation of ‘Decentralised Autonomous Organization’. This is basically an organisation that runs automatically on itself without any human interventions. The work is automatically excecuted through Smart contracts.

Keith or Vail

This is an experienced crypto investor that owns large volumes of cryptocurrency assets.

Diamond Hands

This is an investor, with strong hands, who, in spite of everything, holds coins. The term denotes a strong player in the market

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