Today I have compiled some introductory information on coin circle terminology such as building positions, all-in, locking positions, etc., suitable for novice friends and those who are unfamiliar with the coin circle jargon. It's essential to understand these terms in order to navigate the cryptocurrency market effectively.摘要：TodayIhavesortedoutsomeintroductionsofcoincircletermssuchasbuildingpositions,all-in,lockingpositions,etc...
1. What is fiat currency? Fiat currency is legal tender issued by the state and government, backed only by government credit, such as the RMB and US dollars.
2. What is building positions? Building positions, also known as opening positions, refers to traders buying or selling a certain amount of digital currency.
3. What is all-in? All-in in the coin circle means to invest all the principal in a single trade.
4. What is locking positions? Locking positions generally refer to investors opening a new position opposite to the original one after buying and selling contracts when the market shows a trend opposite to their operation, also known as hedging, locking orders, or even euphemistically called butterfly flying.
5. What is breaking? Breaking means falling below, and issuing means the issuing price of digital currency. Breaking in the coin circle means that a certain digital currency falls below the issuing price.
6. How to read K-line charts? K-line chart (Candlestick Charts) is also known as a candlestick chart, Japanese line, yin-yang line, stick line, red-black line, etc., commonly known as "K-line". It is drawn based on the opening price, highest price, lowest price, and closing price of each analysis period.
7. What is moving bricks? Moving bricks refers to the strategy of recharging cash to a platform with a lower price, buying Bitcoin, then withdrawing Bitcoin to a platform with a higher price, selling it, and repeating the process. This strategy involves taking advantage of price discrepancies between platforms.
