Cryptocurrency Terminology Overview (with Pitfall Warnings)

- Position Management: Full position means going all in; averaging down when prices fall, increasing position when prices rise; holding a cash position to observe.

- Trading Actions: Opening a position to buy, reducing position by selling part, liquidating to exit; setting take profit and stop loss to prevent losses.

- Asset Concepts: Fiat currency is legal tender, Token is a digital token, wallet for holding coins, locking up refers to freezing assets.

- Market Terminology: Be cautious of breaking the issue price, wait for sideways trends, good news leads to price increase, bad news leads to price drop, beware of market manipulators inducing buying and shorting.

- Benefits and Risks: Airdrop tokens can be taken advantage of, but beware of worthless coins; private placements are high risk; leverage and martingale strategies should not be attempted by beginners. #币安Alpha上新 #币安钱包TGE #以色列伊朗冲突 $BTC $ETH