Interest in cryptocurrency continues to grow despite market volatility. Many want to grasp core concepts, from trading strategies to trending jargon. Here's a look at seven key terms for 2025, explained in simple terms.
Sniping in Crypto
Crypto sniping is a trading method where traders quickly act on market opportunities, buying or selling tokens within seconds using automated bots. Sniping strategies include buying new tokens at launch and selling them as prices rise, or trading when liquidity changes. However, failed trades and high competition can lead to losses.
LARP in Crypto
In crypto, LARP means pretending to have knowledge or insider information to influence others. They create hype about a project or promise large profits. To protect yourself from LARP, verify information with multiple sources and be wary of anonymous accounts.
Crypto Shilling
Shilling involves aggressively promoting a cryptocurrency or project to drive up demand. Promoters, often influencers, advertise tokens they own, promising large returns. Signs of shilling include unrealistic promises and lack of transparency.
Understanding these terms will help you navigate the crypto world with confidence. While the market may seem complex, staying informed and cautious can greatly affect your success.