Terminology in Crypto that you need to know, but during the participation process you will know it very well!

1. Margin: margin trading. You can borrow money from the floor to play.

2. Leverage: Helps increase profit and risk faster.

3. STOPLOSS (SL): stop loss.

4. Takeprofit (TP): Take profit.

5. Entry: Entry point.

6. LONG/BUY: BUY.

7. SHORT/SELL: SELL.

8. FUTURES: futures contract trading.

9. SPOT: Buy and sell hoarded COIN.

10. HOLD: hold coins for a long time.

11. HOLDER: person who holds coins for a long time.

12. SCAM: Fraud.

13. Swing to the top: Buy coins at high prices. Then the price drops.

14. Volume: trading volume.

15. POSITIVE SL (Positive Stoploss): For example: Buy 1 dong and the price goes up to 2 dong, set it at 1.5 dong. If the price reverses to 1.5 VND, the order will be suspended.

16. KYC (Know Your Customer) means Know Your Customer, is the process to determine and verify the identity of the customer when participating in opening an account.

17. Bully: A Kol or a certain project developer holds a quantity of cheap goods and exhorts people to buy. At the climax, press the sell button 😂

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