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Crypto Glossary

Discussion in 'General Discussion' started by twinkle, Jan 9, 2020.

  1. twinkle

    twinkle Contributor

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    Wana check out some frequent crypto terms ??

    view more at digitalticks.com
     

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  2. lily

    lily Contributor

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    Is Oco a feature in all crypto exchanges ?
     
  3. neeraj

    neeraj Contributor

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    What is arbitrage trading ?
     
  4. twinkle

    twinkle Contributor

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    Arbitrage is the simultaneous purchase and sale of an asset to profit from an imbalance in the price.
    It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms.

    The simplest form of arbitrage is purchasing an asset in the market where the price is lower and simultaneously selling the asset in the market where the asset’s price is higher.
     
  5. neeraj

    neeraj Contributor

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    Thanks yeah, practicing on it too
     
  6. neeraj

    neeraj Contributor

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    some frequently used terms
    Altcoin:
    As Bitcoin is the first cryptocurrency that captured the world’s imagination, all other coins were subsequently termed “altcoins”, as in “alternative coins”.

    Blockchain:
    A blockchain is a continuously growing, append-only, list of records called blocks, which are linked and secured using cryptography.

    Depth Chart:
    A graph that plots the requests to buy (bids) and the requests to sell (asks) on a chart, based on limit orders. The chart shows the point at which the market is most likely to accept a transaction.

    FOMO:
    An acronym that stands for 'fear of missing out' and in the context of investing, refers to the feeling of apprehension for missing out on a potentially profitable investment opportunity and regretting it later
     
  7. Eliza Abrams

    Eliza Abrams Expert

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    Those would be very useful for newbies.
     
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  8. Crypto Angle

    Crypto Angle Contributor

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    One term which I learnt recently is
    HODL

    Now, I used to think HODL as just misspelling for hold. However, I was surprised to know it stands for "Hold On for Dear Life"
     
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  9. cryp100

    cryp100 Contributor

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    Happens. Initially this happened with me too.
     
  10. Pro34

    Pro34 Contributor

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    Well, you are not the only one. Many have that misconception.
     
  11. neeraj

    neeraj Contributor

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    The term HODL (or hodl) originated in 2013 with a post to the bitcointalk forum. The price of bitcoin had surged from under $15 in January 2013 to a high of over $1,100 at the beginning of December 2013. In the 24 hours to 10:00 a.m. UTC, Dec.
    Well, you are not the only one. Many have that misconception.
     
  12. Crypto Angle

    Crypto Angle Contributor

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    IKR... There are many crypto terms that are interesting to learn.
     
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  13. cryptododo

    cryptododo Beginner

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    Actually. Initially i everyday used to make it a point to learn these cryptocurrencies terms to get a proper knowledge of it.
     
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  14. neeraj

    neeraj Contributor

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    check out this article
    incase you wana browse though some crypto terms
     
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  15. cryptododo

    cryptododo Beginner

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    Thank you so much!
     

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