 What is going on ladies and gentlemen today? We are getting into the nine terms Every crypto trader should know welcome back to Bitcoin daily guys I am Jay, please if you haven't yet, please hit that subscribe that follow button Smash it make sure to also drop a comment Let us know how we're doing and what you think if you have any ideas for any content for us Because we're always looking for ideas drop it below man and Yeah, that's pretty much appreciate it. Let's jump right into it guys So today we're speaking about the nine terms every crypto trader should know all right So let's jump right into this How do I? Progress to my next slide All right, bro. It's enough there you go There we go. Hi. I put some fancy new Video in it and then I didn't know how to make it work All right, so the introduction guys whether you're in the stock market day trading I don't know what why says oh my god there 4x or new to cryptocurrency. You'll hear a lot of trading terms that may sound unfamiliar FOMO ROI ATH HODL what do these all mean? Trading and investment have their own language and they could be daunting to learn all of these new terms However, they can be quite useful if you want to keep up with what's going on in the financial markets in this video We've compiled some of the most important trading terms that you should know if you're trading Crypto currency, which of course you probably are if you're watching this video So the first one FUD FUD F U D FUD That stands for fear Uncertainty and doubt All right guys FUD stands for fear uncertainty and doubt So while not exclusively a trading term FUD is often used in the context of the financial markets This it's basically the spread of misinformation They aim with FUD is to instill fear when the market panics then Those that are spreading the FUD profit off a stock price decline caused by the potentially damaging news in Many cases the information turns out to either be false or at the very least misleading So you have to be very careful with FUD guys There's always a lot of fake news out there So always be very careful. You'll notice a lot that the market will drop sometimes out of nowhere And then I'll just spike right back up So that's usually a lot of because of FUD and it's usually because of fake FUD Or something misleading That the market will have like a very fast reaction down and then like they kind of figure out that it's fake or misleading or Whatever and then everybody just kind of buys back up and you'll see the market just jump right back up So that happens a lot guys just be careful with it FUD is what we call it And it stands for fear uncertainty and doubt. Okay, so During this pandemic, there's been a lot of FUD which you know, there's been a lot of Fear uncertainty and doubt because people don't really know what's going on with the whole COVID-19 situation So that's why it's just been kind of dropping and then it'll go back up and then it'll drop and I'll go back up Because it's just so much fake news out there and reports about you know, there's a virus is no There's a vaccine. There's no vaccine. There's that vaccine There's no vaccine back and forth and that's just it's been moving the markets every time that a new story pops up. So Definitely something that you will hear a lot in this industry The next one we have is FOMO FOMO stands for fear of missing out And I'm sure all of you all of us me included have at some point one point or the other experienced FOMO We have definitely experienced it So FOMO is the emotion that investors feel when they flock to buy an asset in fear of missing out on the profit opportunity As there are heavy emotions involved FOMO by a large number of people can lead to a parabolic price movements aka It happened in Bitcoin in 2017 When emotions are rampant many investors may jump into positions out of FOMO This can lead to extended moves in both directions and may trap many and many traders who try to counter trade the crowd so FOMO is the fear of missing out I know I and I get a lot of messages from you guys especially people in my trading group When they miss a trade or something when they miss an entry a trade entry or whatever guys There's always another trade entry. You just have to be patient Don't just jump into a trade just to be in the trade because you're FOMOing. I There's there's there's a method to Everything including trading so you have to if you're gonna invest your hard-earned money into something you need to be sure that you're entering at the right time, you know what I mean and If you just enter out of FOMO you you almost always end up losing money more than not You might you might make some money, but a lot of times you'll end up losing money because you don't really know what you're doing So FOMO is a big one And that not only happens with Bitcoin and not just crypto currencies It just happens in anything or anything that has to do with investing People FOMO all the time fear of missing out and they'll just jump in without doing their research without doing their due diligence and End up losing money unfortunately The next term HODL. This is a very popular term Used very widely if you don't know it by now then you must be new because this is used all the time So HODL is a term that's derived from a misspelling of HODL It's basically the cryptocurrency equivalent of the buy-and-hold strategy HODL Originally appeared in a now famous post on the Bitcoin talk form in 2013 the term was a spelling mistake in the title. I am HODLing So I put the the screenshot of the original post right here guys So if you guys want to zoom into this and take a look at it, you'll see this post was on December I can't tell the date December something 2013 it looks like 10 a.m. Or 12 a.m. I'm not sure and it and It looks like he said I typed D that title twice because I knew it was wrong the first time still wrong Whatever girlfriends out at a lesbian bar Bitcoin crashing. Why am I holding? I'll tell you why it's because I'm a bad trader and I know I'm a bad trader Yeah, you good traders can spot the highs and the lows pit pat pity Wing Wong Wang just like that and make a million bucks. Sure. No problem, bro Likewise the weak hands are the oh, no, it's going down. I'm gonna sell He he he and then they're like, oh god my asshole When the smart traders who know what the fuck they're doing buy back in but you know what? I'm not part of that group when the traders buy back in I'm already part of the market capital So guess who you're cheating day traders not me Those taunt threads saying oh you should have sold. Yeah, no shit. No shit I should have sold I should have sold moments before every cell and bought moments before every buy But you know what not everybody is as cool as you you only sell in a bear market If you are a good treat a good day trader or an Illusional noob The people in between hold in a zero-sum game such as this traders can only take your money if you sell so That was very interesting and I had to lean in because I could barely read it. It's very small, but But apparently this guy was drunk, so this is probably 12 a.m. This guy was drunk on December mid December 2013 he says here he had some whiskey and He was just kind of ranting about holding or Hottling as its terms now as its coins now Um So thank you. What's his name game kai kiyubi? Thank you for this Amazingness, I bet you didn't think you would go this viral and become part of cryptocurrency Hottling refers to holding onto Investments despite price drops the hot all in strategy is similar to the buy and hold Investment strategy coming from the traditional markets buy and hold investors try to find undervalued assets and hold on To them for a long time many investors atop adopt this strategy for Bitcoin If you watch if you've watched our dollar cost averaging video make sure to watch it guys It's on our page You know that this would have been highly profitable strategy for Bitcoin if you bought just $10 of Bitcoin every week for the last five years you'd be up more than seven times your original investment guys Next term Return on investment aka ROI very important term guys Return on investment is a way to measure an investment's performance ROI measures the returns of an of an investment relative to the original cost It's also a convenient way to compare the performance of different investments. Here's how you calculate ROI You take the current value of the investment and subtract the original cost of the investment Then you divide that number by the original cost So ROI equals current value minus original cost divided by original cost Let's say you bought Bitcoin at six thousand then the price of Bitcoin went up to eight thousand ROI equals eight thousand minus six thousand divided by six thousand and that gives you an ROI of zero point thirty three or Thirty three percent. This means that you're thirty three percent up from your original investment It's also worth taking into account the fees or interest rate that you have to pay to get a more accurate picture So that is a breakdown of ROI guys Return on investment. This is the formula right here of how you Figure out exactly what your return on investment is So make sure that note this take this note note it down and learn how to do this because this is ideal and Imperative to investing Next term all-time highs aka ATH you'll see this written a lot I probably don't have to explain this one Do I the all-time high is the highest recorded price of an asset? For example, the all-time high of Bitcoin during 2017 bull market was 19,798 dollars and 86 cents USDT on the BTC slash USDT pair on Binance This means that this was the highest price that Bitcoin was traded for on this market pair Now on the other on the opposite side of the spectrum is ATL or the all-time low The opposite of ATH is all-time low aka ATL No, not Atlanta all-time low It is the lowest price of an asset breaking an all-time low on an asset can lead to a similar effect as when breaking the all-time High but in the opposite direction many stop orders may trigger when previous all-time low is breached leading to a sharp move down So you got to be careful with all-time highs and all-time lows all-time highs can usually trigger Run-ups, you know where it'll it'll go even higher If it breaks it if it breaches it and an all-time then in the same aspect of all-time low if it breaks an all-time low It'll run down more, you know Very this was a very important one guys do your own research aka D Y O R What what is this little thing over here? I don't know what this is They make it disappear. Look, there's another one right here. What is this? I don't know what that is. All right. I Wanted to move my face out the way there. Yeah, we'll put my face down here. All right, huh D Y O R Do your own research When it comes to the financial markets do your own research is a term closely related to fundamental Analysis it means that investors should do their own research into their investments and not rely on others to do it for them Don't trust Verify is a commonly used phrase in the cryptocurrency markets with similar meaning the most successful Investors will do their own research and come to their own conclusions as Such anyone who wants to be successful in the mark in the financial markets will have to come up with their own unique trading strategy This may also lead to disagreements between different investors, which is completely It's a completely natural part of Investment and trading an investor may be bullish on an asset while another may be bearish Different opinions can accommodate for different strategies and successful traders and investors will have wildly different strategies The main idea is that they all did their own research came to their own conclusions and made their investment decisions based on those conclusions Guys so important. Do your own research D Y O R It is imperative To be able to do your own research Trying to get this out of the way It is so important to do your own research guys Don't just blindly follow anyone even people in my trade group. I tell them don't just blindly follow me Any anyone that's watches of videos and and our trade setups and ideas Don't just blindly follow them look at what we're talking about pay attention to it and and understand the reasoning behind why we're saying certain things and looking at certain zones and levels and setups and then come to your own conclusion Based on that information that you've taken in and don't just get information from one place I always recommend getting information from different places as well and then kind of coming coming, you know Coming up with your own conclusion and your own ideas and opinions based on that do diligence DD do diligence is somewhat related to D Y O R when investors are scouting for potential investments They need to do their own due diligence on the project to ensure that they can take into account all risk Otherwise they won't be in control of their investment decisions and may end up making the wrong choices This goes hand-in-hand with with your own research guys always do Always do Do diligence on any investments you're about to make KYC a very important especially lately Know your customer know your client. That's what KYC stands for Stock is stock exchanges and trading platforms have to comply with national and International guidelines for example the New York Stock Exchange and the NASDAQ have to comply with regulations set by the United States government KYC guidelines ensure that institutions Facilitating the trading of financial instrument verify their customers identity. Why is this important? The main reason behind it is to minimize the risk of money laundering. So KYC is all about mostly about money laundering I'm gonna say all In addition KYC regulations aren't only valid for Participants of the financial industry many other segments also have to comply with these guidelines KYC guidelines are generally a piece of a much broader anti money laundering policy And that's basically it guys. That was the last one Closing thoughts cryptocurrency trading terms can be a bit confusing at first But now you know a good chunk of them so you can feel more comfortable with all of these abbreviations Make sure to DYOR on FUD on FUD and not blindly FOMO into a coin that has reached ATH. Keep hodling Hope you guys enjoyed that Try to make this as quick as possible get these in there For all of you that that aren't familiar with these terms. I hope this helps. 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