Home web3.0 What does the simple science popularization currency circle mean by 'takong'?

What does the simple science popularization currency circle mean by 'takong'?

Aug 07, 2024 pm 04:31 PM
cryptocurrency currency circle

Being short in the currency circle refers to the failure to follow the market trend in time and miss the opportunity to make profits or avoid losses. Common shorting situations include shorting on the rise and shorting on the decline. Reasons for shortfalls include market volatility, emotional trading, information asymmetry and capital constraints. Ways to avoid shortfalls include long-term investment, batch trading, paying attention to market information, controlling emotions and diversifying investments.

What does the simple science popularization currency circle mean by takong?

Takong: a missed opportunity in the currency circle

What is Takong?

Shorting, as the name suggests, means failing to follow up or respond in time when the market is rising or falling, resulting in missed opportunities to make profits or avoid losses.

Shortage in the currency circle

In the currency circle, shortfall is mainly reflected in the following two situations:

  • Rising shortfall: When the cryptocurrency market shows an upward trend, investors fail to timely Buy or hold, resulting in missed profit opportunities.
  • Short fall: When the market falls, investors fail to sell or reduce their holdings in time, resulting in losses due to falling asset prices.

Common reasons for shortfalls

  • Market volatility: The currency market is highly volatile and prone to rapid and violent rises and falls, making it difficult for investors to make timely decisions.
  • Emotional trading: Investors are affected by emotions, chasing the market at its peak and selling at the trough, and are prone to shortfalls.
  • Information asymmetry: Investors lack comprehensive and accurate market information and find it difficult to make correct judgments.
  • Fund limit: Investors have limited funds and cannot buy or sell at the right time, resulting in shortfall.

How to avoid shortfalls

Effective ways to avoid shortfalls include:

  • Long-term investment: Adopt a long-term investment strategy to avoid frequent transactions and reduce the risk of shortfalls.
  • Batch trading: Buy or sell in batches during the transaction process to reduce the risk of a single transaction.
  • Pay attention to market information: Collect and analyze market information in a timely manner and make wise investment decisions.
  • Control emotions: Avoid emotional trading and maintain rational judgment.
  • Diversification: Diversify your funds into different cryptocurrencies or asset classes to reduce the risk of a single asset going short.

The above is the detailed content of What does the simple science popularization currency circle mean by 'takong'?. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1664
14
PHP Tutorial
1268
29
C# Tutorial
1242
24
Top 10 cryptocurrency exchange apps The latest rankings of the top 10 cryptocurrency exchange apps Top 10 cryptocurrency exchange apps The latest rankings of the top 10 cryptocurrency exchange apps May 08, 2025 pm 05:57 PM

The top ten cryptocurrency exchange apps are: 1. Binance, 2. OKX, 3. Huobi, 4. Coinbase, 5. Kraken, 6. Bybit, 7. KuCoin, 8. Gemini, 9. Bitstamp, 10. Crypto.com. Each platform has its own unique advantages and features, and users can conduct cryptocurrency transactions by downloading apps, registering and completing verification, depositing, selecting transaction pairs and confirming transactions.

Which exchanges support meme currency trading Which exchanges support meme currency trading May 08, 2025 pm 06:00 PM

Exchanges such as Binance, Coinbase, KuCoin, OKEx and Uniswap support a variety of meme currency transactions, such as DOGE, SHIB, FLOKI and BABYDOGE. Users can choose the appropriate platform according to their needs.

Ranking of the top ten digital currency quantitative trading apps, the latest list of digital currency exchanges Ranking of the top ten digital currency quantitative trading apps, the latest list of digital currency exchanges May 08, 2025 pm 06:03 PM

Ranking of the top ten digital currency quantitative trading apps: 1. Binance, 2. OKX, 3. Huobi, 4. Coinbase, 5. Kraken, 6. Bitfinex, 7. Bittrex, 8. Poloniex, 9. Gemini, 10. KuCoin, these platforms provide high security and good user experience, and the steps to use include downloading and installing, registering an account, enabling two-step verification, and depositing and trading.

Top 10 Digital Currency Exchange Platform Rankings, The Latest Stock Exchanges in 2025 Top 10 Digital Currency Exchange Platform Rankings, The Latest Stock Exchanges in 2025 May 08, 2025 pm 05:27 PM

Top 10 digital currency exchange platforms: 1. Binance, 2. OKX, 3. Huobi, 4. Coinbase, 5. Kraken, 6. Bitfinex, 7. Bittrex, 8. Poloniex, 9. KuCoin, 10. Gemini, these exchanges adopt multiple security measures to provide a good user experience and a wide range of trading pairs and reasonable fee structures.

The TOP5 of the safest exchanges in 2025: Black U's guide to avoid pits, the rule of 100% of funds to save lives The TOP5 of the safest exchanges in 2025: Black U's guide to avoid pits, the rule of 100% of funds to save lives May 08, 2025 pm 08:27 PM

In the field of cryptocurrency trading, the security of exchanges has always been the focus of users. In 2025, after years of development and evolution, some exchanges stand out with their outstanding security measures and user experience. This article will introduce the five most secure exchanges in 2025 and provide practical guides on how to avoid Black U (hacker attacks users) to ensure your funds are 100% secure.

How to register in the ok exchange in China? ok trading platform registration and use guide for beginners in mainland China How to register in the ok exchange in China? ok trading platform registration and use guide for beginners in mainland China May 08, 2025 pm 10:51 PM

In the cryptocurrency market, choosing a reliable trading platform is crucial. As a world-renowned digital asset exchange, the OK trading platform has attracted a large number of novice users in mainland China. This guide will introduce in detail how to register and use it on the OK trading platform to help novice users get started quickly.

How to reduce the handling fee when making a contract How to reduce the handling fee when making a contract May 08, 2025 pm 05:48 PM

By choosing a low-rate platform, participating in discounted activities, inviting friends, joining members, using platform token payment and market maker roles, you can effectively reduce contract transaction fees.

Guide to 'picking money' in the 2025 currency circle: Learn to leverage in contracts in 5 minutes and earn 100,000 a day! Guide to 'picking money' in the 2025 currency circle: Learn to leverage in contracts in 5 minutes and earn 100,000 a day! May 08, 2025 pm 08:39 PM

Contract leveraged trading is a common trading method in the currency circle, which allows traders to trade larger amounts with less funds. By using leverage, traders can amplify their profit potential, but also increase risks. Leverage is usually expressed in multiples, for example, 10 times leverage means that you can trade 10 Bitcoin contracts with margin of 1 Bitcoin.