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Analysis

What is profit?

Profit is essentially what’s left over in revenue once expenses, costs and taxes involved have been deducted.

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What is a long?

A long is when a trader buys an asset with the hope of selling it at a later time for a higher price.

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What is an on-chain transaction?

An on-chain transaction takes place on a blockchain without the help of a second-layer protocol and remains dependent on the state of the blockchain to validate it.

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What is a short?

A short is when a trader borrows an asset at the current market price with the hope that prices will fall.

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What is a scalp?

Scalping is when traders enter and exit trading positions quickly based on relatively small price movements in order to make a profit.

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