There is no doubt that in every field, there are some keywords that must be understood in order to exist. There are also some crucial concepts to comprehend in crypto that are both necessary and fun to learn. Crypto is a large topic that is becoming more popular, as well as having a Crypto language that I will share with you.
ALTCOIN (alternative currency)
Other than Bitcoin, altcoins are cryptocurrencies with their own set of laws and attributes. Every altcoin is dependent on the technology that supports it, as well as how volatile the coin is. Altcoins are new technologies that are forks of older cryptocurrencies.
ALL TIME HIGH/LOW
This is another crypto language that is really intriguing to learn. Every cryptocurrency has an all-time high or all-time low value that corresponds to the time period. In the case of BTC, the all-time high and all-time low for the same time period may be seen in the BTC 1 year chart.
THE BULL MARKET
Bull market refers to a market trend that is bullish or is moving upward in a consistent manner. There is always a cycle of Bull or Bear market that may occur once the cycle is completed. A bull market is defined as a price increase that lasts longer than a bear market.
BEAR MARKET
The market trend is bearish due to factors such as the global crisis, inflation, the Federal Reserve, and other world wars. A bear market can occur as a result of the issues I described, and it can endure as long as the cycle is not over. We are now in a bear market that has lasted for the past 1.5 years.
BLOCKCHAIN
Blockchain is a technology that allows for the decentralised storage of data. There is no need for centralised options for blockchain operation; everything is based on decentralisation. The data can be copied or spread over the blockchain's networks. This technology is gaining popularity, and huge corporations are excited about it.
These are several crypto native languages that are essential for everyone interested in the crypto currency realm. There are many more, some of which I will discuss in the following piece to round out the issue. I hope this post was both interesting and helpful to you.
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DISCLAIMER
Please keep in mind that I am not a financial advisor. Never, ever take anything I say as financial advice. Conduct your own research. Before making any investment decisions, consult with a professional investment advisor! My posts are strictly for entertainment purposes!
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