/biz/ - Business & Finance

I got into crypto with this coin, I have a pretty feeble amount compared to the biggest whales (~23k). I still fail to understand what volume, marketcap, IDEX or liquidity refers to, I just understand that the price going up with people buying = good
and that the price going down = bad, but only temporarily. Supply gets lower at each transaction thanks to the slippage, and a bot or something is constantly competing against potential sellers who'd try to dump.

I also understand that it works similarly to how S&P operates, but beyond that everything flies above my head. I'm in because I decided to check /biz/ on a whim, saw that people were excited and threw $100 at it. Hope this will help me gain a little money, I have faith that it will go up despite the huge emotional meltdown two days ago when the price dropped.