Sorted out the jargon introduction of the currency circle, such as position building, stud, airdrop, lock position, private placement, etc.

Today, I have sorted out the introduction of the currency circle, stud, airdrop, lock-up, private placement, etc., for those who do not know the "jargon" of the currency circle, come and learn:

1. What is fiat currency?

Fiat currency is legal tender, which is issued by the state and the government, and only government credit is used as a guarantee, such as renminbi, U.S. dollars, and so on.

2. What is a token?

token, usually translated into a pass. Token is one of the important concepts in the blockchain. Its more widely known name is "token", but in the eyes of professional "chain circle" people, it is more accurately translated as "token", which represents the district A proof of equity on the blockchain, not currency.

Three elements of Token

The first is the digital equity certificate. The token must be an equity certificate in digital form, representing a kind of right, an inherent and intrinsic value;

The second is encryption. The authenticity, tamper-proof modification, and privacy protection capabilities of the pass are guaranteed by cryptography;

The third is to be able to flow in a network, so that it can be verified anytime, anywhere.

3. What is opening a position?

Opening a position in the currency circle is also called opening a position, which refers to a new purchase or sale of a certain amount of digital currency by a trader.

4. What is Stud?

Coin Circle Stud refers to investing all the principal.

5. What is an airdrop?

Airdrop is currently a very popular cryptocurrency marketing method. In order to allow potential investors and those keen on cryptocurrencies to obtain information about the tokens, the token team will regularly conduct airdrops.

6. What is locked position?

Locking a position generally refers to an investor opening a new position that is opposite to the original position after buying and selling a contract when the market shows a trend opposite to his own operation. It is also called a pair of locks, a lock of orders, or even a butterfly double fly.

7. What is candy?

The coin circle candy is the digital currency that various digital currencies are issued to users for free at the ICO. It is a kind of momentum and publicity by the issuer of the virtual currency project on the project itself.

8. What is a break?

Breaking refers to breaking below, and issuing refers to the issuance price of digital currency. A currency break is when a certain digital currency has fallen below the issued price.

9. What is private placement?

Cryptocurrency private equity is a way to invest in cryptocurrency projects, and it is also the best way for cryptocurrency project founders to raise funds for the operation of the platform.

10. How do I look at the candlestick chart?

Candlestick Charts are also known as candlestick charts, Japanese lines, Yin and Yang lines, bar lines, red and black lines, etc. The commonly used term is "K line". It is drawn based on the opening price, highest price, lowest price and closing price of each analysis cycle.

11. What is moving bricks?

Recharge cash to platform A with a lower currency price, and then buy bitcoins; then withdraw bitcoins from platform A, and immediately recharge to platform B with higher prices upon receipt; after recharged bitcoins to platform B, immediately Sell, withdraw the cash received immediately, and then repeat the steps.

13. What is ICO?

Initial Coin Offering, originated from the concept of initial public offering (IPO) in the stock market, is a financing behavior in which a blockchain project uses its own virtual currency in exchange for the virtual currency commonly used in market circulation.

14. What is hedging?

Generally, hedging is the simultaneous execution of two market-related transactions, in opposite directions, equivalent in quantity, and offsetting profits and losses. In the futures contract market, buy the same number of positions in different directions, and when the direction is determined, close the positions in the opposite direction, and keep the positive direction to gain profit.

15. What is the position?

A position is a market agreement that promises the initial position of a purchase and sale contract. The person who buys the contract is a long position and is in the hopeful position; the sell contract is a short position and is in the hopeful position.

16. What are the benefits?

Favorable: It refers to the news that the currency has gained mainstream media attention, or that there is a breakthrough in a certain technological application, which is conducive to stimulating the price increase, it is called favorable.

17. What is bad?

Negative: News that prompted the currency price to fall, such as Bitcoin technical problems, central bank suppression, etc.

18. What is the trading volume?

Reflect the number of transactions and the number of people buying and selling. Generally, it can be measured by the number of transaction coins and the transaction amount.

19. What is rebound?

A price adjustment phenomenon in which the currency price rebounds due to a rapid decline in a downward trend. The rebound is smaller than the decline.

20. What is consolidation?

Usually refers to the market where the price changes are small, relatively stable, and the highest price is not much different from the lowest price.

21. What is a callback?

In the bull market, the price of the currency has risen strongly, but due to the rapid rise in the price, it has temporarily fallen back, which is called a callback. The decline is smaller than the increase.

22. What is leverage?

Leveraged trading, as the name suggests, is the use of small amounts of funds to invest several times the original amount, in order to obtain several times the return rate relative to the fluctuation of the investment target, or loss

Breaking refers to breaking below, and issuing refers to the issuance price of digital currency. A currency break is when a certain digital currency has fallen below the issued price.

9. What is private placement?

Cryptocurrency private equity is a way to invest in cryptocurrency projects, and it is also the best way for cryptocurrency project founders to raise funds for the operation of the platform.

10. How do I look at the candlestick chart?

Candlestick Charts are also known as candlestick charts, Japanese lines, Yin and Yang lines, bar lines, red and black lines, etc. The commonly used term is "K line". It is drawn based on the opening price, highest price, lowest price and closing price of each analysis cycle.

11. What is moving bricks?

Recharge cash to platform A with a lower currency price, and then buy bitcoins; then withdraw bitcoins from platform A, and immediately recharge to platform B with higher prices upon receipt; after recharged bitcoins to platform B, immediately Sell, withdraw the cash received immediately, and then repeat the steps.

13. What is ICO?

Initial Coin Offering, originated from the concept of initial public offering (IPO) in the stock market, is a financing behavior in which a blockchain project uses its own virtual currency in exchange for the virtual currency commonly used in market circulation.

14. What is hedging?

Generally, hedging is the simultaneous execution of two market-related transactions, in opposite directions, equivalent in quantity, and offsetting profits and losses. In the futures contract market, buy the same number of positions in different directions, and when the direction is determined, close the positions in the opposite direction, and keep the positive direction to gain profit.

15. What is the position?

A position is a market agreement that promises the initial position of a purchase and sale contract. The person who buys the contract is a long position and is in the hopeful position; the sell contract is a short position and is in the hopeful position.

16. What are the benefits?

Favorable: It refers to the news that the currency has gained mainstream media attention, or that there is a breakthrough in a certain technological application, which is conducive to stimulating the price increase, it is called favorable.

17. What is bad?

Negative: News that prompted the currency price to fall, such as Bitcoin technical problems, central bank suppression, etc.

18. What is the trading volume?

Reflect the number of transactions and the number of people buying and selling. Generally, it can be measured by the number of transaction coins and the transaction amount.

19. What is rebound?

A price adjustment phenomenon in which the currency price rebounds due to a rapid decline in a downward trend. The rebound is smaller than the decline.

20. What is consolidation?