Cryptocurrency and Blockchain Dictionary
A complete list of crypto definitions
Cryptocurrency and blockchain glossary
Commonly used terms in the world of blockchain and cryptocurrency
Terms commonly used in the world of blockchain and cryptocurrency
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.
This is a person who interacts with a cryptocurrency industry - invests, engages in trading, performs twinets, etc. Moreover, he does it consciously and constantly develops in this industry.
This is a transaction that is carried out in order to earn money to increase 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 grow in the near future, so he buys a certain number of these tokens on the exchange
2) then patiently waits until the price for token x grows to a certain mark
3) As soon as this happens, the trader sells tokens x at a higher price
Profit: The difference between the price of the sale and the purchase price.
This is a special application or site that allow you to get a certain number of so -called test tokens on your wallet and use them in the future to perform various tasks, for example, twisters.
These are assets (tokens) to be sold or purchased on the market without any influence on the basic price of this asset.
With digital currency, there is a risk that the holder could make a copy of the digital token and send it to a merchant or another party while retaining the original.
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