Stop-loss Order
By gianpal_photo | Updated on Aug 12, 2021
Designed to protect traders from loss, the stop loss order is an order that converts a limit order to a market order when the price of the asset falls below certain threshold.
Related Terms
Circulating Supply
An approximation of the number of coins or tokens that are currently not locked and available for public transactions.
Bagholder
A person who is holding a large quantity of cryptocurrency which is declining in value or becoming worthless
Mining Rig
A dedicated hardware to mine
Ponzi Scheme
A Ponzi scheme is also referred to as pyramid scheme, and typically takes the form of an investment scheme which pays existing investors with funds collected from new investors.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.