Today, I have taken the initiative to compile an explanation of key terms in the world of cryptocurrency trading, specifically aimed at novice investors and those unfamiliar with the language used in this arena. It is important to understand these terms in order to navigate the volatile nature of the market.摘要:TodayIhavesortedoutsomeintroductionsofcoincircletermssuchasbuildingpositions,all-in,lockingpositions,etc...
1. Fiat currency is the traditional legal tender that is issued by a government and guaranteed by its credit, such as the RMB and US dollars.
2. Building positions, also known as opening positions, refers to traders buying or selling a certain amount of digital currency.
3. All-in in the coin circle means to invest the entire principal amount.
4. Locking positions, often referred to as hedging or locking orders, involves investors opening a new position opposite to the original one after buying and selling contracts, in response to a market trend that is opposite to their initial operation.
5. Breaking in the coin circle means that a certain digital currency has fallen below its issuing price.
6. K-line charts, also known as candlestick charts, are based on the opening price, highest price, lowest price, and closing price of each analysis period and are used to track market trends and make informed trading decisions.
7. Moving bricks is a strategy in which investors recharge cash to one platform at a lower price, buy bitcoin, then transfer it to another platform at a higher price to sell, and repeat the process. This tactic requires careful timing and an understanding of market dynamics in order to be successful.