✍️ Crypto Slang Terms #2: Your Guide to the Cryptoverse ✍️ 🙌 Let's continue with part 2 of the BSCStation Crypto Slang Terms session. Today we will go through another 5 common terms. ▶Aggregator Aggregators allow you to combine cryptocurrency trading data from the biggest exchanges to a single price feed in real-time. 👉 Example: 🦄1Inch ▶Algorithmic Stablecoin An algorithmic stablecoin is a type of crypto asset that relies on two types of tokens: a stablecoin and another crypto asset supporting the aforementioned stablecoin. 👉 Example: 💲DAI of MakerDao ▶Bag holder A derogatory term to describe investors who are still holding certain assets that have dropped significantly in value since their purchase price. 👉 Example: $60k 💰BTC holders ▶Bearish When investors or traders see a bearish trend, they expect a price to decrease and would recommend selling coins/tokens. ▶Bear market A market in which prices fall and negative sentiment is rife; this could lead to a drop-off in demand while buyers wait for lower prices. 👉 Example: 🐻Q4 2017 - Q4 2018 💪 As you can see, the number of slang terms related to Blockchain is humongous! However, just with a little patience and a curious heart, you will find what you need to know in the following articles of BSCStation about Crypto Slang Terms! 📕 Details: HERE ⭐️ BSCStation Official Media Channels: Website | Telegram | Substack | Twitter | Discussion | Youtube

✍️ Crypto Slang Terms #2: Your Guide to the Cryptoverse ✍️ 🙌 Let's continue with part 2 of the BSCStation Crypto Slang Terms session. Today we will go through another 5 common terms. ▶Aggregator Aggregators allow you to combine cryptocurrency trading data from the biggest exchanges to a single price feed in real-time. 👉 Example: 🦄1Inch ▶Algorithmic Stablecoin An algorithmic stablecoin is a type of crypto asset that relies on two types of tokens: a stablecoin and another crypto asset supporting the aforementioned stablecoin. 👉 Example: 💲DAI of MakerDao ▶Bag holder A derogatory term to describe investors who are still holding certain assets that have dropped significantly in value since their purchase price. 👉 Example: $60k 💰BTC holders ▶Bearish When investors or traders see a bearish trend, they expect a price to decrease and would recommend selling coins/tokens. ▶Bear market A market in which prices fall and negative sentiment is rife; this could lead to a drop-off in demand while buyers wait for lower prices. 👉 Example: 🐻Q4 2017 - Q4 2018 💪 As you can see, the number of slang terms related to Blockchain is humongous! However, just with a little patience and a curious heart, you will find what you need to know in the following articles of BSCStation about Crypto Slang Terms! 📕 Details: HERE ⭐️ BSCStation Official Media Channels: Website | Telegram | Substack | Twitter | Discussion | Youtube