Totoro TOC Blockchain College Reading Guide: The first coin circle, the white people are always confused, and do not talk about the tall currency selection techniques, trading principles, some of the most basic terms may not be understood. Tomcat TOC Blockchain Academy has referenced some information and it is simply organized as follows:
The legal currency, which is the legal currency, is issued by the state and the government and is guaranteed by government letters such as RMB and US dollars.
Token: The pass, also known as the "token," but in the eyes of professional "chain" people, its more accurate translation should be a "certificate," representing a proof of interest in the blockchain, not currency.
ICO: Initial Coin Offering in English originates from the concept of initial public offering (IPO) of stocks. It is a financing activity in which blockchain projects use their own virtual currency in exchange for common virtual currencies used in the market circulation.
Private Equity: It is a way to invest in cryptocurrency projects and is the way cryptocurrency founders raise funds for platform operations.
Lockout: Generally refers to investors in the sale of the contract, when the market appears contrary to their own operations, open a new position opposite to the original position, also known as locks, lock orders, and even the United States and the name of the butterfly fly.
Breaking: Breaking refers to falling below, and issuing refers to the issuance price of digital currency. The so-called breaking refers to the digital currency falling below its issuance price.
Candy: The virtual currency that is distributed to users by the digital currency at the ICO stage free of charge is the project issuer’s promotion of the project itself.
Drop: As the name implies, the pie is falling in the sky. In order to allow potential investors and people who are keen on cryptocurrency to obtain information about tokens, the token issuer will frequently conduct airdrops and is also a very popular cryptocurrency marketing method.
Moving bricks: that is, spread arbitrage, such as the use of different exchanges of the same currency of different currency arbitrage, as well as the use of different currency and price differences between different currencies for spread arbitrage, by operating back and forth to obtain the profit margin.
Stud: That is to say, all the principals are put into the account at one time.
Of course, in addition to the above terms, there are also some currency circle proverbs that can also be used as “intern interest” to find out more and help you to get more “common language” with people in the circle, such as: “leeks, wake up, get up "Pick up the plate," "Don't worry, it's a shuttle!", "The waterfall counts as a ball, the wealth is in danger", "Our speculation can be poor! We can ask for a meal! But we must not sell it!", "One coin and one villa"... ...
At the beginning of the coin cycle, the TOC Blockchain College of Chinchilla always feels that there is a lot of things that need to be studied. Only by persisting in learning and slowly accumulating can we continue to iterate over our knowledge and improve the segment position. Together with the king!