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Start Trading Cryptocurrency Chapter 1

Start Trading Cryptocurrency Chapter 1

Accumulation
Accumulation is the increase in the number of certain assets. for the financial market This usually means an increase in asset size from multiple transactions.

Airdrop
Airdrop is a term used when free cryptocurrencies or tokens are distributed to participants according to certain conditions.

All Time High (ATH)
All time high is an asset price rising to a new high. Breaking the record for the highest price the asset has ever had.

All Time Low (ATL)
All Time Low is the lowest price level of a cryptocurrency as a warning signal to enter a bear market, recording the lowest values ​​per year, month, week or day.

Altcoins
Altcoin, a digital asset that has inspired many people to create their own digital assets and become an alternative coin.

Arbitrage
Arbitrage is a strategy to buy and sell the same asset at different prices and markets. The easiest way to make a profit is to buy an asset at a lower market price and sell it at the same time in a market where its price is higher.

Bear Market
A bear market or bear market is a market behavior that indicates a downtrend in the market.

Benchmark
Benchmark is a benchmark or term used to describe something that acts as a reference point. which mainly refers to numbers

Blockchain
Blockchain is a data storage system that works without intermediaries through a computer network.

Bull Market
A bull market is a term used to describe price action that indicates a bullish market condition. or expected to be an uptrend which is often used in the financial industry.

Candlestick
Candlestick is a chart showing the behavior of price movements. It shows the opening price, closing price, highest price, lowest price for each period of time. It is often used in technical analysis.

Centralized
Centralized is a centralized system, which is a system in which the intermediary and mediators have the power to make decisions including maintaining all working systems

Cold Wallet
is the password storage wallet information It is known as a cryptocurrency wallet that is not connected to the Internet. Users must maintain their Private Key or usage code by themselves.

Custody
Custody is the preservation of assets The financial institution will be responsible for keeping the assets of the customers. to prevent by theft or loss.

DCA (dollar cost averaging)
DCA (dollar-cost averaging) is a cost average investment. To put it more simply, it is to divide the money to buy assets in installments. equal installments regardless of the market price at that time But there must be principles in choosing to buy assets with stable and continuous growth rates that can pay us consistent dividends in the long term. In this way, we get the same average cost price of that asset as a whole.

decentralized
decentralized Literally translates to decentralized, which when used in the cryptocurrency industry Refers to a system that cuts out the middleware of the blockchain. have a decentralized nature does not depend on any one agency

Decentralized Finance (Defi)
Decentralized Finance (Defi) is a system that allows anyone to use financial products on a decentralized public blockchain network. This system no longer requires a bank or a securities company. Thus, it makes cryptocurrency trading without intermediaries.

Decentralized applications (Dapps)
Applications that work like Peer-to-Peer does not go through an intermediary like traditional apps, but instead operates with smart contracts on the blockchain.

Diamond Hand
Diamond Hand is where investors hold digital assets for investment. Although such digital assets are volatile. and high risk