BTC USD 104,418 Gold USD 2,726.91
Time now: Jun 1, 12:00 AM

CEX Sectormoney.com - fast and convenient exchanger

#cryptocurrencies

FOMA
This is an abbreviation that means "Fear Of Missing something important" (Fear Of Missing Out). Obsessive fear of missing an interesting event or a good opportunity.

A classic example of FOMO is the fear of not being able to make money on the growing cue ball rate.
If you constantly check prices and feel anxious when they rise or fall, this may also be a sign of FOMO.
If you can't focus on your investment. strategies, and constantly comparing your results with the results of other investors, this can also be a sign of FOMO.
How to deal with FOMO
1. It is worth developing your investment strategy and sticking to it;
2. It is worth avoiding constant switching between different cryptocurrencies and projects;
3. It is worth avoiding communication with people who constantly panic and create an atmosphere of FOMA.
 
Sponsored Post

#cryptocurrencies — Hamster

The slang name of an inexperienced market participant who invests in cryptocurrencies without due care and knowledge.

These people often buy crypto only because they have heard about the rapid enrichment in this market, but do not have an understanding of how the cryptocurrency market works and what risks are associated with it.

The hamster not only eats to excess, but also hoardingly stuffs food for the future into his cheeks, and at the moment of acute danger does not get rid of it.

There is no unambiguous definition of the term "hamster". However, common features for such market participants are inexperience, haste, greed, timidity and excessive fussiness.

To avoid becoming one of them, it is necessary to take time to study the market, be careful when choosing platforms and remember that cryptocurrency is a high–risk asset.
 
#cryptocurrencies — Altseason
Let's start with the term alcoins — these are all cryptocurrencies except Bitcoin. Historically, BTC was the first to appear on the market, and other coins followed it, so they became known as "alternative" coins
And the altseason is a time when altos grow faster than Bitcoin. During this period of time (often short), altcoin investors receive large profits.
Usually this period comes when bitcoin is stable or has already shown quite strong growth, after which investors begin to pour their profits from BTC into other coins.
At this time, the dominance of BTC is significantly decreasing in relation to the rest of the crypto market.
There is also an altcoin season index, which is calculated by comparing the profitability of bitcoin and the top 50 altcoins, excluding stablecoins (Tether, USDC, etc.). If the value reaches 75% or higher, then we are experiencing an altseason.
 
#Cryptocurrencies -Technical Analysis
Stock exchange science, which is a set of tools for predicting likely price changes based on patterns of price dynamics in the past under similar circumstances.The main idea of technical analysis is that the price already reflects all possible events that can affect the object of consideration (stock, cryptocurrency, etc.). In other words, the financial performance of the asset, interest rates on the market, analyst forecasts, market sentiment, insider transactions, etc. — all these aspects have already been laid down into the dynamics of asset prices, since they have already manifested themselves in the price earlier.
Two basic directions in technical analysis:
- recognition of characteristic cases: shapes or patterns;
- use of indicators and metrics.It is with their help that many analysts and investors make trading decisions.
However, in exceptional cases of serious speculation and manipulation in financial markets, TA is not able to predict the situation and give the right strategy
 
#Cryptocurrencies — Consolidation
This is a term that describes the phase of decreasing volatility in the cryptocurrency market. At this time, asset prices fluctuate in a narrow range for a long time.
Consolidation can be both a positive and a negative sign for investors.
On the one hand, this may indicate that the market is in the accumulation stage before a subsequent upward surge. On the other hand, this may indicate that the market cannot determine the direction of movement and is in a sideways trend, which can lead to prolonged price stagnation.

Consolidation can last from several days to several weeks before prices start moving in a new direction.

sectormoney.com
 
Sponsored Post

CG Sponsors




Back
Top
Log in Register