Cryptocurrency Terms and Definitions

A long, or long position, is a trade made in anticipation of a rise in an asset's price: the trader buys cryptocurrency in order to sell it for more. Market participants who bet on a rise are called bulls.

In Russian-speaking slang a "loss" (from the English loss) is a nickname for a trading loss on an exchange. Most often it refers to closing a position with a loss of funds, including when a stop order is triggered.

A "lohovod" is a person who lures newcomers into dubious or hyped projects while concealing risks they are aware of. The goal of such a person is to attract other people's money for their own benefit.

Mining is the process of supporting the operation of a blockchain by solving computational tasks, for which participants receive a reward in coins. The issuance of many cryptocurrencies is based on it.

A money hold is a temporary restriction on money operations on an exchange: a delay in depositing, withdrawing or using funds. It is usually imposed under the venue's rules or as part of checks.