Welcome! The world of cryptocurrency trading is full of shortcuts and terms, and understanding them is essential for any trader. Here’s an explanation of some of the most common shortcuts
📈 Shortcuts related to market analysis and prices
| ATH | All-Time High | The highest price reached by the cryptocurrency in its history. |
| ATL | All-Time Low | The lowest price reached by the cryptocurrency in its history. |
| MCAP | Market Capitalization | Market Capitalization: The total value of all traded cryptocurrencies (current price × total circulating supply). |
| Altcoin | Alternative Coin | Altcoins: Any cryptocurrency other than Bitcoin (BTC). |
| RSI | Relative Strength Index | Relative Strength Index: A technical indicator used to determine whether an asset is overbought or oversold. |
| MACD | Moving Average Convergence Divergence | Moving Average Convergence Divergence: A technical indicator that helps identify potential new trends in the market. |
🗣️ Common abbreviations in the trading community
| HODL | Hold On for Dear Life | HODL: A term meaning to hold onto cryptocurrencies and not sell them, especially during market downturns (it was mistakenly traded and then became a common term). |
| FOMO | Fear Of Missing Out | Fear of Missing Out: A psychological state that drives an investor to buy quickly when the price rises for fear of missing profits. |
| FUD | Fear, Uncertainty, Doubt | Fear, Uncertainty, and Doubt: Spreading negative or misleading information about a specific coin with the aim of lowering its price. |
| DYOR | Do Your Own Research | Do your own research: A basic advice implying that the trader should conduct their own research and analysis before investing. |
🌐 Technical and managerial abbreviations
| ICO | Initial Coin Offering | Initial Coin Offering: A method of raising funds for new cryptocurrency projects by selling a portion of their currency. |
| NFT | Non-Fungible Token | Non-Fungible Tokens: A unique digital asset representing ownership of a specific item (such as artwork or collectibles). |
| DeFi | Decentralized Finance | Decentralized Finance: A financial system based on blockchain technology that does not rely on intermediaries (like banks). |
| KYC | Know Your Customer | Know Your Customer: Procedures followed by trading platforms to verify the identity of their customers to combat money laundering. |
| CEX | Centralized Exchange | Centralized Exchange: Like Binance or Coinbase, where a single entity controls the funds and transactions. |
| DEX | Decentralized Exchange | Decentralized Exchange: A platform that allows trading directly between traders without a central intermediary. |
