Cryptocurrency trading terms part 1

in #cryptocurrencyterms • 8 years ago

There are many terms used in the crypto space.These are important to know especially for beginnerscryptocurrency-3085139__480.jpg

ICO - Initial Coin Offering.Its a type of crowd funding.

Altcoins - Alternative cryptocurrencies to Bitcoin

Fiat - Currency that is government issued legal tender such as ZAR or USD etc.

Bullish or Bull run - An expected increase in prices

Bearish - An expected decrease in prices

ATH - All Time High. The highest price that the coin reached.

Fomo - Fear of missing out.

#cryptofor #beginners #cryptocurrency #bitcoin
8 years ago in #cryptocurrencyterms by
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