Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

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Domination

This is the ratio of market capitalization of any cryptocurrency to the sum of the market capitalizations of all cryptocurrencies.

Other Important Terms

This is an investor who does not have competencies, skills and experience in the field of investment, in connection with which he makes many mistakes and invests anywhere, ignoring the study of projects and investment strategy.

Short

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.

Insight

This is a phenomenon, which is a spontaneous finding solution of any problem that arose as a result of

Wall

A huge order for a purchase or sale that can stop, respectively, a growth or fall in the course. It happens that the walls are the manipulation of whales to confuse hamsters.

Tokenomics

This is the economic model of token, which sets out the main aspects associated with the creation of token, its distribution, management, etc.

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