You knows that I have promised that deep down no matter what, the moment you makes mention of cryptocurrency, I have promised to make sure that I used my cryptocurrency related post to educate both newbies and those oldies in the cryptocurrency ecosystem about the cryptocurrency ecosystem that they are into. As for your information, there is every tendency that any project that you joined being it cryptocurrency or whatsoever, there is every tendency that such ecosystem will have their terms or terminology that they are using to convey messages. We knows that not all have it but most ecosystem that their work are skilled can talk of this. It is just like walking into a fire station and you will hear them using terms like drill, tender 1, water on, water off, lock up, lock up and make up, etc. These are all basic terms that they are always using and they will keep using it or modifying it. If you wants to understand what they are saying you have to be a fire man by joining them. In a soccer team you will come across terms like RB, CM, Winger etc, just like what I hinted, if you want to understand fully the message that they are trying to convert you have to join them up. You will always find it difficult to understand what they are saying if you are not a member of their body. The day that I walk into a fire station that is when I discovered that they are people that can convey messages and you will never get the information that they are trying to pass out. I was just steering at them. I tried to play the smart game but still yet I didn't get their message at all. I told them that they should carry me along and they told me that it will only be possible if I am a member of their fire body. Well, I cherish the job that day simply because of how they were running their conversation without me knowing, I immediately fall in love worn their body.
What I am trying to say above, i.e the message that I am trying to convey above is simply letting us knows that some bodies out there has terminologies that they are using. As for your information the cryptocurrency ecosystem is not left behind when it comes to that. I have been a member of the cryptocurrency ecosystem for a very long time and I knows some terminologies that are being used here. These is why I keep saying it time without numbers that when you are in the cryptocurrency ecosystem you should be opened up to learning. Learning is endless in the cryptocurrency ecosystem I must admit. Many people have simply because of this learning think that the cryptocurrency ecosystem should not be moving towards that angle. As for your information, when it comes to learning in the cryptocurrency ecosystem, you are not forced to learn, there is nobody pointing gun at your head saying that you must learn what the terminologies in the cryptocurrency ecosystem, it is on your own will to learn if you so desire. Nonetheless, one thing that I will say is that it is good to learn about basic terms and terminology in the cryptocurrency ecosystem, it will impact your cryptocurrency progress in the nearest future. Permit me to tell you this, do you knows that you can fall in love with the cryptocurrency ecosystem and with that you can decide to impact the cryptocurrency ecosystem back with love by running your own cryptocurrency project. Now the issue will be on you not knowing about what cryptocurrency contract address is or it will tell on you if you have zero (0) knowledge about anything happening in the cryptocurrency ecosystem, you might be forced to leave your cryptocurrency project in the hands of another person, and if that person is a bad person, he/she can use it to do bad things. When he does such bad things, remember that all accusing fingers will be pointed at you, this is just the bad point and side if you don't know about the cryptocurrency ecosystem at all. With what I just citied you can see why it is good to have a cryptocurrency knowledge by understanding some basic terms in the cryptocurrency ecosystem.
What is the difference between all time high and all time low
If you are committed to the cryptocurrency ecosystem, there is every tendency that you might have come across words like this. It is very popular but let me explain it in a language that you will understand. If you study closely you will see that all cryptocurrency project have what we called their all time high and their all time low. Now permit me to explain this, all time high means the highest level that such cryptocurrency project token has attained and all time low means the lowest level that such cryptocurrency project has attained.
If a cryptocurrency project launches with the price of $2 and after some time it hits more than that price being it $3 upwards it means that such cryptocurrency project has attained it all time high, the price has to move upward and not downward to attain such height. As per all time low I mean that the cryptocurrency project is doing badly, what I mean is that if the cryptocurrency project is launched with $2, now if you discover that the cryptocurrency project drops below $2 i.e if it hits $1-0.5 and below, it shows that it has attained all time low position, this is the simplest way that you can understand about what is all time high and all time low when it comes to the cryptocurrency ecosystem at large.
I will end the post here, have a nice day.
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