#BinanceMenaSquare
📍 A series of tweets about terms and words that interest you as a beginner in the digital currency market:
REKT:
It is short for "wrecked" and is used to describe bad trades that end in losses
HODL:
It is a common word in the digital currency market that is used to motivate the investor to continue owning the financial asset instead of selling it
Airdrop:
It is a word that indicates the free distribution of a certain stock (number) of currencies to users who meet certain conditions
All-Time-High (ATH):
It is a word that indicates the highest price value or historical market value that the currency or financial asset has reached
All-Time-Low (ATL):
It is a word that indicates the lowest price value or historical market value that the currency or financial asset has reached
Circulating supply:
It is a word that indicates the quantity of currency available in the market or among investors
Total Supply:
It is a word that indicates the total amount of currency available in the market or with investors, or closed or reserved for certain conditions
Max Supply:
It is a word that indicates the maximum total quantity that can be available for the currency. It is pre-programmed into the currency. Similarity to the maximum number of issuable shares in the stock market. This word is not available for most currencies because the programming methods and idea differ from one currency to another
Market capitalization (market cap):
It is a word that indicates the market value of the currency and is calculated by multiplying the Circulating Supply by the current currency price
📍 A series of tweets about terms and words that interest you as a beginner in the digital currency market:
REKT:
It is short for "wrecked" and is used to describe bad trades that end in losses
HODL:
It is a common word in the digital currency market that is used to motivate the investor to continue owning the financial asset instead of selling it
Airdrop:
It is a word that indicates the free distribution of a certain stock (number) of currencies to users who meet certain conditions
All-Time-High (ATH):
It is a word that indicates the highest price value or historical market value that the currency or financial asset has reached
All-Time-Low (ATL):
It is a word that indicates the lowest price value or historical market value that the currency or financial asset has reached
Circulating supply:
It is a word that indicates the quantity of currency available in the market or among investors
Total Supply:
It is a word that indicates the total amount of currency available in the market or with investors, or closed or reserved for certain conditions
Max Supply:
It is a word that indicates the maximum total quantity that can be available for the currency. It is pre-programmed into the currency. Similarity to the maximum number of issuable shares in the stock market. This word is not available for most currencies because the programming methods and idea differ from one currency to another
Market capitalization (market cap):
It is a word that indicates the market value of the currency and is calculated by multiplying the Circulating Supply by the current currency price