17.06.2024
Bear
— these are traders who believe in falling prices and expect the market to go down. They try to make money on the decline in the value of cryptocurrency and sell assets in the hope of buying them back at a lower price.
Bitcoin
is the first and most famous cryptocurrency in the world. It runs on blockchain technology and is a digital form of money that can be used to make online payments, purchases or investments. Bitcoin is decentralized, meaning it is not controlled by governments or banks, and its value is determined by market supply and demand.
Block
is like a brick of information that contains records of events or data. These blocks are connected to each other, like construction blocks, to create a chain of blocks called a blockchain. Each block has its own unique number and a link to the previous block, which makes the blockchain reliable and protected from changes.
Blockchain
is a special way of storing information that is similar to a block chain. Each block contains information about what happened. When new information is added, it becomes part of a chain linked to previous entries. Such a system makes data protected from changes and tampering. It is important to note that this technology is not controlled by a central authority, and each participant in the network has a copy of all data, making it secure and open. Thanks to this technology, blockchain is used to create cryptocurrencies and for many other important tasks.
Bottom
— this is the minimum price level of an asset when it is believed that its price cannot fall below this level. Investors and traders hope that once the bottom is reached, the price will begin to rise.
Bounty
is an innovative form of reward and incentive for participation in projects based on blockchain technology. This unique concept features programs where participants can earn cryptocurrency by completing a variety of tasks that contribute to the development and successful implementation of the project.
Bull
— these are traders who believe in rising prices and expect the market to rise. They hope to make money from rising cryptocurrency prices and buy assets with the hope of selling them later at a higher price.
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