【Crypto Slang Dictionary】Retail Investors, Mining, Arbitrage... What Are They Really Talking About?
📍Are you often confused by these terms when you first enter the crypto world? Today, we will clarify the most commonly used crypto terms!
🌱 Retail Investors
New investors who often get trapped and frequently chase highs, getting 'cut'.
In the crypto world, it's often said: 'There will always be new retail investors.'
⛏️ Mining
Originally a method to obtain Bitcoin and others, now broadly refers to various mechanisms where 'participation yields tokens', such as node mining and liquidity mining.
📦 Arbitrage
Using price differences between different exchanges to buy low and sell high for profit.
Example: ETH is cheap on Exchange A and expensive on Exchange B, buy it and move it to sell, earning the price difference.
🚀 Getting In / Getting Out
'Getting in' means buying, 'getting out' means selling.
For example: 'ETH has broken through, I got in!' = I bought!
📉 Pumping / Dumping
Pumping = buying frantically to raise the price, dumping = selling in large quantities to lower the price.
Newbies are often 'pumped' to a high position and then 'dumped' down...
🎣 Phishing / Airdrop Scams
Don't click on unfamiliar links casually! Many phishing sites impersonate airdrops or wallet verifications, but are actually stealing your coins.
👀 Reminder: Verify official websites + Don't sign casually!
