Today, I have curated a collection of introductory coin circle terms, such as building positions, all-in, locking positions, etc., designed for novice enthusiasts and those who may be unfamiliar with the coin circle "jargon". It's important to have a firm grasp of these concepts, so let's dive in:摘要：TodayIhavesortedoutsomeintroductionsofcoincircletermssuchasbuildingpositions,all-in,lockingpositions,etc...
1. What is fiat currency? Fiat currency is legal tender issued and guaranteed by a government, such as the RMB and US dollars.
2. What is building positions? Also known as opening positions, building positions involves traders buying or selling a certain amount of digital currency.
3. What is all-in? In the coin circle, all-in refers to investing all of one's principal.
4. What is locking positions? Locking positions, or hedging, occurs when investors open a new position opposite to the original one after buying and selling contracts, in response to a market trend opposite to their operation. This is also known as locking orders or euphemistically referred to as butterfly flying.
5. What is breaking? Breaking indicates a digital currency falling below its issuing price.
6. How to read K-line charts? A K-line chart, also known as a candlestick chart, 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 involves recharging cash to platform A at a lower price to buy bitcoin, and then transferring and selling the bitcoin at a higher price on platform B. This process is then repeated.
