TERMS YOU NEED TO KNOW AS A CRYPTO INVESTOR/TRADER

There are several terminologies in cryptocurrency venture,as a cryptocurrency trader,investor or enthusan , it is imperative we understand and take note of this terms .it should be noted that these terms are frequently used in our everyday trading activities ,some might be new to you.

On this note ,we shall be taking its in a series ,that is ,this post is going to buttress five terminology use in cryptocurrency ,and this post would be tagged part one ,subsequently part2,part3 and so on till we are able to exhaust all the terms used in cryptocurrency endeavors.

                          PART ONE

The following are some of the terms you need to know as a Cryptopians -:

1 . FIAT:
These are government-issued currency, such as the US dollar,Pounds ,Euro,and many more .This currencies plays a vital role in our daily trading .

1. WHALE :
   This refers to individuals ,traders ,investors,hodlers that owns a large amount of cryptocurrency ranging from thousands to millions of a particular coin.These set of individuals action can either mar or make cryptocurrency growth ,they are great voice in the land of cryptocurrency.

3.ALTCOIN:
This is generally refer to as any crypto-currency other than Bitcoin ,such as Ethereum,Ripple,Litecoin,Tron,Cardano and many more ,it's also regarded as alternative of bitcoin.

4.BULLISH:
An expectation that price is going to increase or the period of highs in cryptocurrency market,the point market experience upward trends .

5.BEARISH:
An expectation that price is going to decrease.A decrease in price of cryptocurrency .

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Thanks for your audience, expect the continuous series in our next blog...