📚 Crypto Terminology: Pump vs. Dump 📈📉 Have you ever seen a coin suddenly shoot up... then crash just as fast? 📖 The Story Imagine a coin is trading at $100. Suddenly, many people start buying it. The price jumps to $120, then $140 in a short time. That's called a Pump—a rapid increase in price caused by strong buying activity. Now imagine some traders decide to sell their coins and take profits. The price quickly falls back to $110, then $90. That's called a Dump—a rapid drop in price caused by heavy selling. 🐋 Where do whales come in? Because whales own large amounts of cryptocurrency, their big buy or sell orders can sometimes help push prices up or down. But remember, not every pump or dump is caused by whales. News, market sentiment, or many traders buying and selling at the same time can also move the market. 💡 Lesson 📈 Pump = The price rises quickly. 📉 Dump = The price falls quickly. Don't chase every pump, and don't panic during every dump. Always have a plan and make decisions based on research—not emotions. ❓Have you ever bought during a pump or held through a dump? 💚

📌 I originally shared this on my first account, but since I now have a new account, I'm reposting it here so more people—especially those who are new to BCHNostr—can benefit from it. I hope this simple guide helps you better understand how relays work. 📮 Where can you find your "post offices" in BCHNostr? In my previous post, I learned that relays are like post offices. They're the places where your posts are sent, stored, and shared with other people. That got me thinking... "If relays are my post offices, where can I actually see them?" 🤔 The good news is they're easy to find in BCHNostr. Simply go to: Profile → Settings (edit profile) → Relays There you'll see the list of relays your account is connected to. Think of them as the post offices responsible for delivering your letters (posts) to the rest of the Nostr network. If you're connected to active, reliable relays, your posts have a much better chance of reaching more people. If you're connected to inactive or poorly connected relays, your post may only reach a few users—or in some cases, only you. 💡 Lesson: It's a good idea to check your relay list every once in a while. Healthy relays help your posts travel farther across the Nostr network.

Just share your entry link in the comment section of Activity 1. 😊 Grabe, sumakit na ang mata ko kakabasa ng mga entries ninyo—ang hahaba kasi! 🤣 Buti na lang may katuwang akong magbasa... ang aking trusty magnifying glass. 🔍😂 Salamat sa effort ninyo sa pagbabahagi ng inyong BCH stories.

BCHNostr

BCHNostr — Bitcoin Cash Social Network

Decentralized social network for Bitcoin Cash. Tip with BCH, trade P2P loans, join audio spaces, and more — powered by Nostr.

✨ Learn step by step ✨ Share your experiences ✨ Ask questions without hesitation ✨ Connect with fellow BCH and Nostr learners Everyone starts somewhere. Let's learn, grow, and support one another on this journey. We'd love to have you in the Nostr Nengste Learning Hub!

Feeling incredibly grateful today! 💚 A huge thank you @Prime Architect for supporting my Learning BCH Together campaign. Your generosity and trust mean so much to me. This motivates me to keep learning, creating beginner-friendly BCH and BCHNostr content, and sharing what I learn with the community. Thank you for being part of this journey! View quoted note →