Back to Stocks Basics💹😇

The Darvas Box Theory is a trading strategy that follows the momentum of stocks. 🔼The momentum theory simply states that stock prices that increased previously are more likely to increase in the future. 🔽Conversely, stock prices that were decreasing previously are more likely to decrease in the future.

DARVAS BOX

NR4 pattern means the narrow range in four days, while the NR7 means the narrow range in seven days. Both of them are short-term candlestick patterns created based on the opening range breakout.

Satoshi:. The smallest unit in Bitcoin (BTC). For example, 1 satoshi is equivalent to 0.00000001 BTC, a fraction of a penny. ✅✅Satoshi Nakamoto- The pseudonym for whoever penned the original Bitcoin whitepaper.

Proof of stake:. Commonly written as PoS, this is a consensus mechanism employed by some blockchains that requires verifiers to lock up, or stake, a certain amount of cryptocurrency to earn a chance to add new blocks to a blockchain. ✅✅ The more coins you stake, the better your chances of becoming a validator.

Proof of work:. Commonly written as PoW, this is a consensus mechanism employed by many blockchains to prove that miners have done the computational work to guess the 64-character hash necessary to add a block to the blockchain ✅✅Broadcasting the solution allows other nodes to quickly verify that your hash is correct and that you have carried out the work required to get it.

Public key.: The public-facing address of your crypto wallet. To receive funds into your account, you have to share your public key. ✅✅Each public key pairs with a private key, and the private key is only known, in theory, to that user.

Private key.: Also known as a secret key, this is essentially the encrypted password to someone’s crypto holdings. It’s an impossibly long number😳 that’s practically impossible to guess. ✅✅ You authorize a transaction by signing it with your private key. ✅✅Private keys can be used to access and manage your crypto assets.

P2P:. Short for peer-to-peer. Refers to a transaction between two people without an intermediary or central authority involved.

On-chain.: A transaction that occurs on a blockchain, reflected on the distributed, public ledger.

Orphan block:. A block that has been solved but not accepted by the network and isn’t added to the blockchain. Sometimes these blocks are referred to as “stale blocks.”

On-ledger currency.: A cryptocurrency that is minted by and used on a blockchain ledger, such as Bitcoin.

GRIND: This term is used not only in crypto but also, for example, among gamers. “Grinding” is doing hard, tedious, or boring work to achieve a goal. In the NFT space, it refers to “Discord grinding,” where, for some collections, users must frequently participate in a collection’s Discord server to get on a collection’s whitelist. ✅✅Grinding can also be referred to as constantly searching for and participating in various airdrops and token giveaways (where there’s no guarantee that these tokens will ever be needed and gain real value). 📈Crypto_Ocean

Bags👜: “Bags” are your crypto assets; the term usually implies a fairly large amount of crypto. ✅✅For example, “My Bored Ape bags keep growing,” or “I have a fat bag of DOGE.”

Mining:Crypto mining is the process of verifying transactions via a proof of work consensus mechanism. ✅✅Mining involves using computer hardware to solve a hash with trillions of possible combinations. The more computing power you have, the more guesses you can make within each given window of time, and the greater your chances of earning newly minted cry

Jager: The smallest denomination of Binance Coin (BNB).