A glossary of crypto terms for beginners;

Altcoin: Coins other than Bitcoin are generally called this way because they are alternative coins.
Airdrop: The gift of a certain amount of cryptocurrency. Usually certain conditions are required to be fulfilled, for example if it was posted on twitter, retweet that tweet, tagging friends etc. may be requested. We can call it a kind of marketing strategy.
Accumulation: A cryptocurrency hovering at the same prices for a long time, accumulating.
Bear market: The market is in a downtrend.
Whale: People who invest a lot of money.
Bitcoin: The world's first cryptocurrency.
Bull market: The market is in an uptrend.
Bearsih: A situation where the market in general or a coin in particular is bearish.
Bullish: A situation where the market in general or a coin in particular is bullish.
Bot: Software that performs trading operations in accordance with a predetermined algorithm.
Coin Burn: The supply of a coin is reduced by burning coins. Most cryptocurrencies have a certain maximum supply value. If the project is solid, I can say that the lower the supply, the higher the expectation of rise. Therefore, when the coin is burnt, it is thought to affect the price of the coin positively.
Defi: A form of decentralized finance that has nothing to do with centralized intermediary institutions such as stock markets or banks.
Diamond Hands: Diamond hands, that is, those who do not own their investment and sell it even if the coin in their hand falls.
Support: These are the regions where the price turns and rises while falling.
Resistance: These are the regions where the price turns and falls while rising.
Bottom: The lowest price a cryptocurrency has seen in a certain time period. For example, when bitcoin goes down, you can see “buy the bottom” tweets from the phenomena. From now on, you will not find it at this price, we are at the bottom right now, they want to say buy it when it is low, but it may not always be the bottom.
Dominance: Indicates the ratio of a coin to the overall market. More bitcoin dominance is followed. If the dominance is up, it means more money is flowing into bitcoin, if the dominance is down, there is less money flowing into bitcoin.
Dump: A coin's price drops excessively quickly.
Correction: It is the reaction of a cryptocurrency price to fall a little after a certain rise.
Hype: When a coin or coin category arouses too much interest in people. For example, the coins in the defi category attract a lot of attention for a while, or the solana network suddenly gets a lot of attention. Of course, this is reflected in the prices, the prices are inflated too much.
Leverage: It is a system that allows you to earn as much as the leverage ratio by using your current money as collateral and opening a short in a decrease and a long in an increase. For example, when a coin is $100, you open 10x long and the coin goes up 10%, then your gain will be 100%, but instead of increasing, if you fall 10% while you are in a position, your loss will be 100%, so you lose all your money. In short, the opposite is to open a trade for a decrease.
Being a liq: As I said in the example above, if you lose all of your money in leveraged transactions, it's called liq.
Major Coins: These are the coins that are in the top 20 in terms of market value.
Market Cap: The market value of a coin, which you can find by multiplying its supply by its price.
Market Maker: It is the one who determines the prices in the market.
Market Order: It is called trading from whatever the current value is, not the special purchase or sale price you set.
Candlestick: The lines on the chart that show price movements in certain time periods. If the price is higher at the closing time than at the opening time, green candles are formed, and on the contrary, red candles are formed.
Overbought: Overbought, if a coin is in the overbought zone, it will likely start to sell out.
Oversold: Oversold situation, if a coin is oversold, it will likely see a backlash from that region.
Pump: A coin's price rises excessively quickly.
Rect: to go bankrupt
#ContentStar# #GateioBountyCreator# #Bykaranteli# #Bitcoin#