Cryptocurrency terms may seem profound, but if you break them down, they are easy to understand! Beginners can quickly get started, hurry up and bookmark this quick guide👇
1️⃣ Full Position
What does it mean? It means going all in! Invest all the money you have into a certain coin, and if it rises, you'll be extremely happy; if it falls, you'll just cry silently💸.
2️⃣ Add Position
What to do if you bought at a high price? Buy some more when the price drops to lower the average cost. But be careful, sometimes the more you add, the more you lose😂.
3️⃣ Add Position
Think the market is about to take off? Buy more if you've already bought some, amplify your profits🚀.
4️⃣ Build Position
This is the opening line for buying coins! Use your available funds to buy a certain coin for the first time, officially entering the market~
5️⃣ Reduce Position
To lock in profits or reduce risk, sell a portion of the coins, keeping some cash on hand for safety👌.
6️⃣ Lock Position
Lock coins on the platform to earn rewards or profits, such as staking or mining. During this period, you cannot move them around; if you do, you lose the rewards⛓️.
7️⃣ Empty Position
Observation mode, buy nothing, leave all assets in USDT waiting for opportunities😌.
8️⃣ Airdrop
A surprise moment to get coins for free! The project team distributes token rewards to users, a 'windfall' in the crypto world🎁.
9️⃣ Break Issue
A coin's price drops below the issue price right after listing, private investors are left questioning life🌱.
🔟 Private Placement
Investment opportunities only open to institutions and large holders, ordinary small investors basically have no share.
1️⃣1️⃣ Stop Loss
Set a minimum price; if it drops to this point, sell immediately to avoid further losses📉.
1️⃣2️⃣ Take Profit
On the contrary, set a target price, and run when it reaches this point, locking in profits in time💰.
1️⃣3️⃣ Bullish/Bearish
Bullish: News that helps the price of coins rise, such as listing on exchanges, major collaborations, etc.;
Bearish: On the contrary, it may lead to a sharp drop in coin prices, such as black swan events, system crashes, etc.💥.
1️⃣4️⃣ Lure Long
Pretend to rise, attract you to buy in, then dump and harvest the retail investors.
1️⃣5️⃣ Lure Short
Pretend to fall, scare you into selling your coins, and then pump the price to hit you back hard.
1️⃣6️⃣ Sideways
Prices fluctuate within a certain range, neither rising nor falling, the market is 'treading water' 📈↔️📉.
1️⃣7️⃣ Light Position
Invest a small amount to test the market, low risk, sleep well😏.
1️⃣8️⃣ Heavy Position
Invest most of the funds into a certain coin, pursuing high risk and high return🎢.
1️⃣9️⃣ Long
Bullish, wait for the coin price to soar, optimistic crowd🌝.
2️⃣0️⃣ Short
Bearish, wait for the coin price to plummet before buying back, the choice of pessimists🌚.
📌 Friendly Reminder: If you don't understand any terms, leave a message in the comments, I will continue to update more popular science! Follow me for more learning~