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One?","featured_image_id":11310,"status":"published","chapter_id":7,"language":"en","order":3,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/ico-vs-ido","featured_image":{"id":11310,"uuid":"315e8a2b-93a1-4870-be48-a2a09d801663","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/ico-vs-ido-featured-image.jpg","path":"crypto/storage/optimized/ico-vs-ido-featured-image.jpg","original_path":"crypto/storage/original/ico-vs-ido-featured-image.jpg","name":"ico-vs-ido-featured-image.jpg","original_name":"ico-vs-ido-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"64.39KB"},"youtube_video":null},{"slug":"what-is-an-airdrop","title":"What are Crypto Airdrops and How to Get Them?","featured_image_id":11359,"status":"published","chapter_id":7,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-an-airdrop","featured_image":{"id":11359,"uuid":"7b43c968-1275-4d3e-acb1-1707a43a4014","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/what-is-an-airdrop-featured-image.jpg","path":"crypto/storage/optimized/what-is-an-airdrop-featured-image.jpg","original_path":"crypto/storage/original/what-is-an-airdrop-featured-image.jpg","name":"what-is-an-airdrop-featured-image.jpg","original_name":"what-is-an-airdrop-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"66.05KB"},"youtube_video":null},{"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","featured_image_id":6542,"status":"published","chapter_id":7,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-get-free-crypto","featured_image":{"id":6542,"uuid":"4fceb9ab-391e-4ef9-b00d-c871a49878a3","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-get-free-crypto.o.jpg","path":"crypto/storage/media/how-to-get-free-crypto.o.jpg","original_path":"crypto/storage/media/how-to-get-free-crypto.jpg","name":"how-to-get-free-crypto.o.jpg","original_name":"how-to-get-free-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"93.93KB"},"youtube_video":null},{"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":6,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-arbitrage-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-fud","title":"What is FUD: How to Use It to Your Advantage While Investing in Crypto?","featured_image_id":11394,"status":"published","chapter_id":7,"language":"en","order":7,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-fud","featured_image":{"id":11394,"uuid":"defd32c5-d3e1-4e66-9f58-e2ee316bad3a","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-featured-image.jpg","path":"crypto/storage/optimized/what-is-fud-featured-image.jpg","original_path":"crypto/storage/original/what-is-fud-featured-image.jpg","name":"what-is-fud-featured-image.jpg","original_name":"what-is-fud-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"65.30KB"},"youtube_video":null},{"slug":"investing-in-cryptocurrency","title":"Investing in Cryptocurrency: How to Manage Your Risks?","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":8,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/investing-in-cryptocurrency","featured_image":null,"youtube_video":null},{"slug":"what-is-a-rug-pull-in-crypto","title":"What is a Rug Pull in Crypto?","featured_image_id":6532,"status":"published","chapter_id":7,"language":"en","order":9,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-a-rug-pull-in-crypto","featured_image":{"id":6532,"uuid":"be8043fb-078c-4487-9af9-d2d9c2b574ea","public_url":"https://assets.bitdegree.org/crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","original_path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.jpg","name":"what-is-a-rug-pull-in-crypto.o.jpg","original_name":"what-is-a-rug-pull-in-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"92.28KB"},"youtube_video":null},{"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto Taxes","featured_image_id":6526,"status":"published","chapter_id":7,"language":"en","order":11,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-crypto-taxes","featured_image":{"id":6526,"uuid":"1e44162c-ef1d-4010-81b4-9e8d1809aedf","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","path":"crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","original_path":"crypto/storage/media/how-to-avoid-crypto-taxes.jpg","name":"how-to-avoid-crypto-taxes.o.jpg","original_name":"how-to-avoid-crypto-taxes.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"99.10KB"},"youtube_video":null}]},{"id":8,"title":"Crypto Analysis","slug":"crypto-analysis","updated":null,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-analysis.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-analysis-101.jpg","rating":100,"sections":[{"slug":"what-is-bullish-and-bearish","title":"Bearish and Bullish Markets: Do They Matter?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":1,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-bullish-and-bearish","featured_image":null,"youtube_video":null},{"slug":"best-technical-analysis-indicators-for-crypto","title":"5 Best Crypto Technical Analysis Indicators You Must Know About","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":2,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/best-technical-analysis-indicators-for-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-candlesticks","title":"Technical Analysis: What are Candlesticks, Trendlines, and Patterns?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":3,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-candlesticks","featured_image":null,"youtube_video":null},{"slug":"how-to-track-new-crypto-coins","title":"Crypto Tracking: How to Track Your Favorite Coins & Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":963,"original_id":null,"author_id":42,"translator_id":null,"title":"What is Breakout?","slug":"what-is-breakout","section":"B","keyword":"Breakout","status":"published","definition":"a shift in the price of an asset when it rises above a resistance line or falls below a support line.","content":"<p>A breakout is a process in <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-technical-analysis-trend-analysis-ta/">technical analysis</strong></a> which occurs when the movement of the price of a certain asset changes. It usually signals that the price will go in the direction of the breakout. Besides that, breakouts are usually followed by <strong>reduced <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-volatility/">volatility./nBreakouts can occur as a result of <strong>price pattern breakouts</strong>. There are various pattern breakouts, however, some of the most common ones include wedges, triangles, head and shoulders patterns, or flags. In addition, breakouts can occur as <strong>range or channel breakouts.</strong></p>\n<p>Essentially, the consequences of the breakout depend on how long it is. A lot of traders utilize the same price levels to set their <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-stop-loss-order/">stop-loss orders</strong></a> when the levels are well defined. When these stop orders start happening, a domino effect might occur. This would most probably result in a quick price shift.</p>\n<p><strong>Breakout trading</strong> can be used in almost any trading style. The logic behind trading based on breakouts is not complicated. If the price is held within a range by support and resistance levels, a greater move might be signaled by the break of that range.</p>\n<p>Based on the direction of the move, a breakout can be an indication to buy or sell. Once the price has gone outside of the established support or resistance range, a breakout trader can choose a position he wants to enter. He could either enter a <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-longing-long-position/">long or a <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-short/">short
position.</p>\n<p>However, breakouts are <strong>subject to interpretation. </strong>Different traders might interpret support and resistance levels differently. Besides, the chart patterns that serve as the foundation for breakouts are also very subjective.</p>\n<p>Though keep in mind that a <strong>fakeout</strong>, also known as a false breakout, could occur as well. It usually happens if the price breaks outside of a set range but immediately returns back to it. Some traders wait for the confirmation of the breakout on higher timeframes before entering a trade as a safeguard against fakeouts.</p>","level":"medium","meta_title":"What is Breakout? Definition & Meaning | Crypto Wiki","meta_description":"Breakout meaning: Breakout - a shift in the price of an asset when it rises above a resistance line or falls below a support line.","meta_keywords":null,"language":"en","created_at":"2022-05-17T13:21:22.000000Z","updated_at":"2022-06-07T11:49:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-breakout"},"prevSection":{"id":961,"original_id":null,"author_id":42,"translator_id":null,"title":"What is Bloom Filter?","slug":"what-is-bloom-filter","section":"B","keyword":"Bloom Filter","status":"published","definition":"a data structure that determines if an item is a part of a set or not.","content":"<p>A Bloom filter, which was developed in 1970 by Burton Howard Bloom, informs the user if a certain item belongs to a set or not. However, the filter can only show with complete certainty that an item is not in the set. If it indicates that the item is in the set, in some cases, it could be wrong.</p>\n<p>Due to their space-saving efficiency, Bloom filters are appealing for a variety of applications. In the crypto world, they are widely used in <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-simplified-payment-verification-spv/">
Simplified Payment Verification (SPV)</strong></a>, especially when it comes to <strong><a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin./n
Users can employ the Bitcoin network without operating <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-full-node/">full nodes</strong></a> by utilizing an SPV client. It’s difficult to run full nodes on low-powered devices such as smartphones because they have specific storage and processing requirements. Therefore, <strong>SPV clients can ask full nodes only for information about their wallets.</strong></p>\n<p>The simplest way to get this information is to make full nodes aware of the keys of the user. This way only relevant transactions would be transmitted to them. However, this is a bad option because the user's privacy would be compromised this way.</p>\n<p>Though downloading all transactions just to delete the majority of them also wouldn’t be a good option because it would waste a lot of <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-bandwidth/">bandwidth. </strong>That’s where a Bloom filter comes to the rescue.</p>\n<p><strong>Imagine that Anna is a client and John is a full node.</strong> Anna has a costly transaction but she doesn’t want John to know about it. Thus, she needs to find a way to \"mask\" her transaction. To do that, she creates a Bloom filter. Let’s say that it looks like that:</p>\n<p style=\"text-align: center;\"><span style=\"font-size: 36px;\">3 4 2 1 6 8 7 5 0 9</span></p>\n<p>She runs the transaction data through two distinct <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-hash-function/">hash functions</strong></a>. Each of these functions ends up choosing two values from the string of numbers you can see above. Let’s say these values come out to be 2 and 8.</p>\n<p style=\"text-align: center;\"><span style=\"font-size: 36px;\">3 4 <span style=\"color: #ba372a;\">2</span> 1 6 <span style=\"color: #ba372a;\">8</span> 7 5 0 9</span></p>\n<p>After that, Anna sends the filter to John. It's obvious that there's no possibility of knowing what data Anna has submitted to the filter based solely on this grid.</p>\n<p>Though if John had the whole set that contains Anna's data, he could hash it and search for similarities in the filter. If there was a match, it's possible that it was the data that Anna asked for.</p>\n<p>However, several inputs are likely to refer to 2 and 8 at the same time. Therefore, John wouldn’t be able to tell which part of the data Anna is actually interested in. Thus, he would return all of the matches, which Anna would then sort through.</p>\n<p>Obviously, the process is much more complex than that. However, it does illustrate the fact that <strong>the Bloom filter disguises the actual interests of the client.</strong></p>\n<p>Bloom filter might not the best method to retrieve the desired information because it also has some privacy concerns. However, it’s still a better option than simply putting an undisguised request to a node.</p>","level":"medium","meta_title":"What is Bloom Filter? Definition & Meaning | Crypto Wiki","meta_description":"Bloom Filter meaning: Bloom Filter - a data structure that determines if an item is a part of a set or not.","meta_keywords":null,"language":"en","created_at":"2022-05-17T12:16:01.000000Z","updated_at":"2022-06-07T11:49:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-bloom-filter"},"currentChapter":"B","currentSection":"what-is-break-even-point-bep","chapterTitle":"B","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-break-even-point-bep","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter B
What is Break-Even Point (BEP)?
Break-Even Point (BEP) MEANING:
Break-Even Point (BEP) -
when total revenue and total cost are exactly the same.
Let's find out Break-Even Point (BEP) meaning, definition in crypto,
what is Break-Even Point (BEP),
and all other detailed facts.
Break-Even Point (BEP) is a financial term used to describe the amount of sales that cover the total cost. It’s a situation where the total revenue is equal to the total cost. Meaning the company didn’t suffer losses but also didn’t generate profit. In this type of situation, all expenses have been paid for.
BEP is a useful tool in financial analysis. It evaluates income and fixed operational costs. BEP is often used by both individuals and organizations in a variety of different fields including cryptocurrencies. In essence, it helps companies understand where they stand when it comes to profitability. BEP analysis can answer questions such as how profitable the business is, or how close it is to becoming profitable.
When it comes to the world of cryptocurrency, BEP analysis comes in useful when trying to calculate profits and losses. This helps crypto traders to make the necessary changes to their trading strategies.
Moreover, BEP is a mining profitability indicator. It takes into account the price of the mined cryptocurrency and various factors such as the mining rig components, electricity consumption, and costs.
