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
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.
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.
A certain procedure in which you need to participate in order to receive projects at an early stage (subscribe to social networks, fill out the form/glimas, participate in the twist, raise the node, participate in the Ambassador program, come to the shade, participate in the lottery on the tokensele)
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.
This is a fluctuation in the price of the asset or its profitability for a certain period of time. As a rule, the higher the volatility of the asset, the higher the risk. The prices of such assets often fluctuate and for a short period of time can greatly go into plus or minus. The volatility is has a strong psychological effect on investors: with high price fluctuations, panic occurs, uncertainty presses and in the end the drain of securities at the very bottom begins, and then experiences from such manipulations.
This is the process of adding a new token to the exchange, as a result of which token becomes affordable for trading.
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