Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

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Insight

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

IRL

The abbreviation denoting what is happening in real life (outside the Internet) - is used in correspondence or as a hashtag on a tweeter

Keith or Vail

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

Limit Order

This is an application for the purchase or sale of token at the price in advance by the buyer or seller.

Liquidity

These are assets (tokens) to be sold or purchased on the market without any influence on the basic price of this asset.

Listing

This is the process of adding a new token to the exchange, as a result of which token becomes affordable for trading.

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.

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