I noticed while exploring this very exciting NFT space, there are many new words to learn and without the knowledge of them, you won’t get very far. It could be a bit confusing and much to see terms like KYC, HODL and more. But those terms are the building blocks to communicate with people digitally and just belong in this world.

In this upcoming blog series on my site I’ll explain in an easy peasy way what every word means and what you can do with it.  In every blog you will find an explanation, handy links and a Youtube link for more information about it. Short, sweet and simple!

You can always have one place to learn about all you need to know when you start, just like me now, to come to and truly understand what every slang word means!

From A-Z, NFT Lingo explained!

All-Time High (ATH)

We kick it off with ATH!

ATH or all-time-high is the highest price point that an asset has reached in its history.

All-Time High can be coupled with its inverse, the all-time-low. In crypto, these price points are often considered to be big news for an asset, and often make waves throughout the community. Many use these price points as important indicators for investment as they potentially inform users about the prospects of an asset.

Though it is worth noting that many consider the market fluctuations generated via the hype of an ATH or ATL to be misleading, often motivating investors through psychological biases rather than sound logic, with some observers referring to ATH as a ‘vanity metric’’

Understanding Record Highs

This ATH is used by investors to inform them about the potential strengths or weaknesses of an asset. Some investors couple information about an asset’s ATH with underlying market and performance indicators. By using the assets history, financial viability, and overall fundamentals investors can know when and how to invest in an asset. 

Some investors do not use ATH as simply a means of preempting greater and greater levels of asset profitably. For some, a moment of ATH can indicate that the price may reasonably begin to fall after such a high, and such represents a tantalizing opportunity for shorting.

Therefore it is wise for investors to use a broad range of indicators including the ATH and ATL when making investments.

Handy links to check out

All-Time High (ATH) - Cryptocurrency Price List.
Thank you so much Cryptowallet for the information used in this blog. Checkout the orginal article over here.
Youtube video: Bitcoin & Ethereum Analysis LIVE | New All-Time High by May?

Missmoonx

NFT Content Creator

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