#cryptodictionary
📚ATH - "All-Time High" - the highest price of any cryptocurrency or token that has broken all its previous records and is at the highest in history.
📝In other words, this is the largest exchange value of the asset rate for the entire time of its existence from the moment it appeared on the market. In the market, this phenomenon is treated either emotionally, trying to invest in a growing cryptocurrency as quickly as possible, or very carefully, realizing that it is necessary to conduct fundamental analysis to determine when the asset price reaches resistance and the rate starts to fall.
The all-time high should not be used to develop a trading strategy, but it can and should be one of several tools to consider.
📚ATH - "All-Time High" - the highest price of any cryptocurrency or token that has broken all its previous records and is at the highest in history.
📝In other words, this is the largest exchange value of the asset rate for the entire time of its existence from the moment it appeared on the market. In the market, this phenomenon is treated either emotionally, trying to invest in a growing cryptocurrency as quickly as possible, or very carefully, realizing that it is necessary to conduct fundamental analysis to determine when the asset price reaches resistance and the rate starts to fall.
The all-time high should not be used to develop a trading strategy, but it can and should be one of several tools to consider.
#cryptodictionary
Volatility is an indicator that determines how the rate of a cryptocurrency has changed over time.
High jumps mean high volatility.
Volatility is an indicator that determines how the rate of a cryptocurrency has changed over time.
High jumps mean high volatility.
#cryptodictionary
📚Proof of Stake, PoS.
Cryptocurrency protection that allows you to create chain blocks and receive rewards for those who have a large number of coins.
📚Proof of Stake, PoS.
Cryptocurrency protection that allows you to create chain blocks and receive rewards for those who have a large number of coins.