Crypto Terms:
Letter W
What does When Moon mean?
Meaning:
When Moon -
an expression used to ask when the price of cryptocurrencies will skyrocket.
Let's find out When Moon meaning, definition in crypto, what does When Moon mean, and all other detailed facts.
When someone asks "when moon?" it's most likely an eager trader who wants to know when a cryptocurrency's value is set to surge. When Bitcoin's value skyrocketed in 2017, excitement spread over what lay ahead for the crypto markets, and the word “moon” gained traction. "Bitcoin has gone to the moon," was a frequent claim of crypto enthusiasts.
Some cryptocurrency aficionados joke that the term "Bitcoin to the moon" refers to the day when the cryptocurrency's price will be high enough to pay for a roundtrip tourist ticket to and from the moon. The phrase "when moon" is also connected with inexperienced crypto investors who rush into the market in the hopes of making huge riches. For instance, a cryptocurrency buyer might say, "I got a bag of BTC for $26,000, when moon?".
candlestick charts<\/a>.<\/strong><\/p>\n<p>Every candlestick chart segment usually has <strong>a solid box.<\/strong> It's also referred to as a candlestick body. A solid box is created by the starting and closing prices. Two whiskers go above and below the solid box.<strong> <\/strong>If the box and whiskers are red (or black), the price of the underlying asset declined during that time period. However, if the box and whiskers are green – the price grew.<\/p>\n<p>The candle represents the asset's opening and closing prices. The whiskers, on the other hand, represent the upper and lower limits of the underlying asset's price during a certain time period.<\/p>\n<p>The whiskers themselves display price extremes. This allows traders to have a better understanding of market <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-sentiment/">sentiment <strong>and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-market-momentum/">momentum. Essentially, whiskers are generated as a visual record of price movement in relation to the opening and closing prices.<\/p>\n<p>The whisker's length is important:<\/p>\n<ul>\n<li>Short wicks indicate that the highest (or the lowest) price is close to the opening (or the closing) price.<\/li>\n<li>A lengthy wick suggests that the market experienced higher levels of volatility. Some technical analysts believe that <strong>a lengthy wick generally signals a price reversal. <\/strong>In this case, the market moves in the opposite direction of the wick.<\/li>\n<\/ul>\n<p>In addition, candles can also be <strong>wickless.<\/strong> The closing and opening prices of these candles match the high and low markings of that particular candlestick. The shape of such candles is square or rectangular.<\/p>\n<p>Candlestick patterns are definitely something that should be considered when trying to understand and forecast market sentiment and price movements. However, it's crucial to remember that <strong>candlestick analysis should be used in conjunction with other tools and technical analysis indicators.<\/strong><\/p>","definition":"the lines in a candlestick chart that extend from the colored bar and show the whole low-high range of a trading pair during a given time frame.","status":"published","meta_title":"What are Whiskers (Wicks)? Definition & Meaning | Crypto Wiki","meta_description":"Whiskers (Wicks) meaning: Whiskers (Wicks) - the lines in a candlestick chart that extend from the colored bar and show the whole low-high range of a trading pair during a given time frame.","meta_keywords":null}"
:prev-section="{"id":817,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Slang","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-11-04T08:01:48.000000Z","slug":"what-does-when-lambo-mean","title":"What does When Lambo mean?","section":"W","keyword":"When Lambo","content":"<p><em>\"When Lambo?\"<\/em> is a phrase that became popular in the early days of <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin and it is used to describe the point at which crypto holders will be rich enough to buy a Lamborghini.<\/p>\n<p>Lamborghinis are luxury automobiles that serve as a symbol of aspiration for what cryptocurrencies would be worth in the future. Many wealthy crypto investors have even <strong>purchased Lamborghinis only as a symbol<\/strong> of their market success.<\/p>\n<p>After the cryptocurrency Consensus Investment Conference in New York in November 2018, which came months after a massive surge in the price of Bitcoin, the phrase <em>\"When Lambo?\"<\/em> gained even more attention. To signal the presence of cryptocurrency investors, the Bitcoin Mercantile Exchange rented three Lamborghinis for the event.<\/p>\n<p><strong>Peter Saddington<\/strong>, the entrepreneur and co-founder of VinWiki, is a great example of illustrating the phrase <em>“When Lambo?”.<\/em> He was able to use his crypto assets to purchase a Lamborghini with Bitcoin that he had purchased for $115. He sold 45 bitcoins to pay for a $200,000 Lamborghini. However,<strong> if he had<\/strong> waited a little longer, his crypto stockpile would have been worth tens of millions of dollars.<\/p>","definition":"a phrase used to describe the point at which cryptocurrency holders will be rich enough to buy a Lamborghini.","status":"published","meta_title":"What does When Lambo mean? Definition & Meaning | Crypto Wiki","meta_description":"When Lambo meaning: When Lambo - a phrase used to describe the point at which cryptocurrency holders will be rich enough to buy a Lamborghini.","meta_keywords":null}"
:model="{"id":818,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Slang","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-11-04T07:59:56.000000Z","slug":"what-does-when-moon-mean","title":"What does When Moon mean?","section":"W","keyword":"When Moon","content":"<p>When someone asks <em>\"when moon?\"<\/em> it's most likely an <strong>eager trader<\/strong> who wants to <strong>know when a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cryptocurrency/">cryptocurrency's value is set to surge<\/strong>. When <strong><a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin's value skyrocketed in 2017<\/strong>, excitement spread over what lay ahead for the crypto markets, and <strong>the word “moon” gained traction<\/strong>. <em>\"Bitcoin has gone to the moon,\"<\/em> was a <strong>frequent claim of crypto enthusiasts<\/strong>.<\/p>\n<p>Some cryptocurrency aficionados joke that the term <em>\"Bitcoin to the moon\"<\/em> <strong>refers to the day when the cryptocurrency's price will be high enough to pay for a roundtrip tourist ticket to and from the moon<\/strong>. The phrase <em>\"when moon\"<\/em> is also <strong>connected with inexperienced crypto investors who rush into the market in the hopes of making huge riches<\/strong>. For instance, a cryptocurrency buyer might say, <em>\"I got a bag of BTC for $26,000, when moon?\"<\/em>.<\/p>","definition":"an expression used to ask when the price of cryptocurrencies will skyrocket.","status":"published","meta_title":"What does When Moon mean? Definition & Meaning | Crypto Wiki","meta_description":"When Moon meaning: When Moon - an expression used to ask when the price of cryptocurrencies will skyrocket.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}"
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current-chapter="W"
current-section="what-does-when-moon-mean">
