Cryptocurrency Glossary : Trading

Exchange  – a website where cryptocurrencies can be bought and sold

Fiat – currency issued by a government, such as the USD, Euro, etc.

Whale – a person that owns an eye-watering amount of any cryptocurrency

Limit order – similar to a ‘for sale’ sign, this is an order to buy or sell when the price reaches a certain amount

Margin Trading – risking all your coins to magnify your trading intensity – this is incredibly risky and should NOT be done by beginners

Going Long – margin trades that will profit if the price increases Going Short – margin trades that will profit if the price decreases Bullish – expecting the price to go up

Bearish – expecting the price to go down

Altcoin – alternative cryptocurrency to Ethereum or Bitcoin ATH – all-time-high

ETH – the token from Ethereum mining

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