I am often asked by novice crypto traders about terminology, what some terms mean and how to use them correctly so as not to sound stupid. That is why I decided to write this short guide to basic terms for them.
Bears are large animals, live mainly in the forest, are herbivores, but also eat honey and sometimes even meat. Mammals.
Bulls are large animals with horns, live in nature and zoos, eat grass, moo. Mammals.
Whales are large fish, live in water, eat everything there, do not like jokes about fat people. Also mammals.
It is very important not to confuse mammals and squirrels. Mammals are those who have been drinking milk since childhood, and squirrels are those who have a leverage of less than 30x and an isolated margin.
Fiat is a not very high-quality car made in Italy.
To waste money is to go into liquidation.
These are the main terms.
Remember, it is never too late to learn. Happy trading!
#academy #study $BTC