Coin Glossary

 

Quote: Call the price to sell or buy

Buy: Buy Coins

Sell: Sell Coins

Buy Wall: Visualize the person hanging on the asking price window to buy and express it as a wall.

Selling: Visualize the person hanging on the bid window to sell and express it as a wall

Profitability: Selling at a profit.

Stop Loss: Selling at a loss as opposed to profit loss.

Volume (Volume): Amount being traded

Market cap: number of issued coins X coin price

Average: Average price of coin purchase as an abbreviation of average unit price.

Water ride: The act of lowering the rating by purchasing additional funds when the price is lower than the purchase price.

High point: high price point

Low point: The point where the price is low.

Purchasing: Purchasing while following a rising coin in price.

Adjustment: A situation in which the price rises or falls rapidly and then calms down.

Investors: General Investors

Stealing investors: A strategy in which forces intentionally drop the market price and make the investors sell coins

Fasten your seatbelt: It means to stand still and not be shaken when prices drop or rise sharply.

CoinChild: coin + child compound word, refers to a person who has recently entered the coin

Hogu: stupid person

Rescue Team: When bought it at a high price and when the price has gone down, waiting for the price I bought it to go up again ("I'm waiting for the rescue team on the 54th floor")

Penthouse: The person who bought it at the highest price (self-expressing that he bought it at the highest price and was bitten)

Floor XX: Is the Ripple 54th floor rescue team coming? (Meaning: I bought Ripple for 540 won and am waiting for the rescue team)

Power: Those who can control the price with the big hands that move the market.

Driver: The power that moves the coin price.

Kimchi Premium (KIMP): When the price on the domestic exchange is higher than the price on the overseas exchange (KIMP turns on 3%)

Reversed Premium: Contrary to KIMP, when the domestic exchange price is cheaper than the foreign exchange price (reverse is 3%)

Burger type: American coin investor.

Jihan Woo: The name of the creator of Bitcoin Cash

Etherism: A person who believes in Ethereum over Bitcoin.

Pumping: The price rises steadily as volume explodes.

Pumping Room: Open a KakaoTalk or Telegram half-room, gather people, and buy or sell at the same time to gain power

Merona: On the chart, the green bar, which is an uptrend, looks like an ice cream merona. Merona means a rising bar.

Screwbar: The opposite of Merona is a screwbar meaning a downward bar.

Ride comfort: When the coin you are riding is stably pointing to the right, "Ride comfort is not coming~~!"

To the Moon: The price is high. (Going to space)

signal: signal

Signal Room: A group room with the same characteristics as the pumping room.

OFFICIAL: Official announcement

Brain Fiction: Your thoughts in your head

Prayer trading method: A trading method that prays to buy and rise.

Huge Rise: The price is very high

Huge Drop: The price has dropped a lot

Huge Drop investors: A sarcasm for people who show up when the price is a little high.

Upward: A chart in which the price rises over time.

Let’s Gooo: Kind of a slogan wishing your coins to be profitable?

Waiting for a long period of time: Holding on to something really long.

Biting: You buy a coin at a high point, but the price of the coin falls below the bought price.

Corpse: The same concept as a bite, making it a human figure.

Rescue Team: Rescue teams rescue people who are corpses.

Washing dishes: When the pumped forces rob them of their supplies, the investors take them.

To the moon: a phrase that prays for ascension to the moon.

Happiness Circuit: Filled with only positive thoughts such as happiness and hope.

Coupling: Two or more coins go up at the same time.

Decoupling: As one coin rises, the other falls.

Long Investment: A long-term investment.

Long Hit: Trade to make a profit by buying and selling for a long time

Short hit: Trade to make a profit by buying and selling for a short period of time. Mainly there are two short hits swings vs scalping.

Swing: A trade to buy at a low and sell at a moderate high for at least 6 hours.

Scalping: This is usually done by looking at the quotation window, not the market price, within 1 minute.

Day trading: trading 1-2 times a day

Overday: Buying today, holding until tomorrow and selling tomorrow

Panicel: The market fluctuates in English panic meaning confusion, and the bosses are confused and panicked.

Deadcat: A short-term rebound from a panic cell situation.

KIMP: Abbreviation for Kimchi Premium, when the domestic exchange price is higher than the overseas exchange. (Example: GIMP is 10%)

Reversed Premium: Contrary to KIMP, when the domestic exchange is cheaper than the overseas exchange.

Arbitrage: A method of sending and selling coins from overseas to Korea when the price of the Korea Exchange is higher than overseas

(TBRA)TrickedByRippleAgain: "I was tricked by Ripple again" When it was 250 won, it seemed to rise as if it was going up in Ripple, but kept going.

BitMEX: The name of a coin exchange that allows margin trading

B-Mac/Bit-Mac: Abbreviation for Bit-MEX

LongPo: Short for long position, a position traded on BitMEX because the price of Bitcoin will rise.

ShortPo: Short for a short position traded on BitMEX because the price of Bitcoin will decrease.

LongPerson/Longstone/LongBird: A person who predicts and talks about price increases

ShortPerson/Shortfish: A person who predicts a price decline as a buzzword in the BitMEX trolls.

Is there anyone who has not XXX? : "Is there anyone who has not bought the funds yet?" "Is there any shortperson who has not sold?" is a mocking phrase.

Didn’t I say XXX? : "Didn’t I say Ethereum is going up?" "Didn’t I say to buy it before?" A mocking phrase

Jongpil: JP, the Korean manager of BitMEX, is simply referred to as Jongpil.

Michael: BitMEX Korean manager ID is Michael

Marginperson: A term used to refer to a person who deals with high risk margin trading as bedbugs.

Short Selling: The act of placing a bet when the price of Bitcoin is falling.

Heugu: Derived from Hogu

Black Crane: Derivative of Hogu

MalangCow: Derived from Hogu

BJ Wedom: The name of a YouTube ad BJ that won a lot of money with BitMEX

BJ Pakyu: The name of the BJ that advertises on Bitmax YouTube

Head: Which refers to the head, is a word that forms the person bitten by the high point, or BitMEX liquidation.

Forced liquidation: A situation in which you lose all your money by moving the market in the opposite direction in which you traded during BitMEX margin trading.

Margin Call: Forced liquidation in English

Margin: The amount you hold in your BitMEX account.

Blockchain: Fundamentals of Cryptocurrency Technology

Bitcoin: The first coin created with blockchain technology

Altcoins: Non-Bitcoin Coins

YeopJeon: Unknown Altcoins

Coins: Coins with a price of 10 won or less

Coins: Coins with a price between KRW 10 and KRW 990

Banknotes: Coins with a price of at least KRW 1,000

White Paper: An article that announces technology related and future hopes when issuing cryptocurrency by developers

Hard Fork: A new cryptocurrency derived from the existing cryptocurrency

ICO: Raising funds for activities before the launch of a cryptocurrency, usually in Bitcoin or Ethereum.

Scamcoin: Simply put, a coin circulating in the market as a scam coin A coin that has just been renamed using open source

Snapshot: At the time of the hard fork, a portion is now given to those who hold this coin. At this time, evidence is created.

Main net: Coins with their own blockchain platform

Airdrop: A reward concept that pays interest or additional coins to those who hold coins

Mining: Coins are mined directly by running computers through so-called mining.

Won Mining: Mining in the real world, that is, a word that is a caricature of earning money by working or doing business.

Chicken: Bitcoin Cash is called Chicken because BCH (Bitcoin Cash) is similar to the BHC Chicken brand.

Eini:means Einsteinium coin

Stake: stands for Status Network Coin

Enginee: means Engine Coin.

 

Pootum: refers to Quantum Coin.