initial coin offerings</strong> <strong>(ICOs)</strong></a> have failed and are no longer operational. There might be several explanations for this:</p>\n<ul>\n<li><strong>Corruption amongst developers</strong></li>\n<li><strong>Low liquidity</strong></li>\n<li><strong>Total abandonment</strong></li>\n<li><strong>Massive devaluation</strong></li>\n</ul>\n<p>However, if there is enough interest, the dead coins can be brought back to life and revalued.</p>\n<p>As of March 3rd, 2021, there were <strong>9,108 cryptos in circulation.</strong></p>","level":"easy","meta_title":"What is Dead Coin? Definition & Meaning | Crypto Wiki","meta_description":"Dead Coin meaning: Dead Coin - is a digital token that is no longer existing.","meta_keywords":null,"language":"en","created_at":"2022-03-01T14:07:56.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-dead-coin"},"prevSection":{"id":233,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Data Scraping?","slug":"what-is-data-scraping","section":"D","keyword":"Data Scraping","status":"published","definition":"is the process of utilizing computer software to collect information from websites and store it in local databases or other applications.","content":"<p>Data scraping<strong>&nbsp;might also be known as web scraping.</strong></p>\n<p>The main duties of a data scraping application are to gather material, pricing, or contact information from internet sources.</p>\n<p>Although data scraping tools have legitimate legal applications, they may also be used to collect and misinterpret data for illegal reasons. Recognizing pseudo-anonymous web service users or plagiarizing trademarked material are examples of this.</p>\n<p>Spammers and thieves regularly use data scraping methods to gather email addresses for the purpose of sending spam emails. It is also utilized to get access to websites or corporate intranets in order to obtain data for further offenses such as blackmail or theft.</p>\n<p>Furthermore, the two main segments that create data scraping are:</p>\n<ul>\n<li>The web crawler</li>\n<li>The web scraper</li>\n</ul>\n<p>Others refer to the web crawler as a <strong>\"spider,\"</strong> and it is essentially an AI system that scans and searches the internet for information using hyperlinks and search engines. When the proper information is discovered, it is passed on to the web scraper.</p>\n<p>In contrast, a web scraper is a specialized gadget that takes information from an online web page. The web scraper's information beacons are used to obtain the primary data that users want to extract from the HTML file.&nbsp;</p>\n<p>Typically, XPath, CSS selectors, regex, or a mix of these protocols is used in the operation.</p>\n<p>Even though data scraping can be achieved manually, users might prefer automated techniques because they work speedier and are more budget-friendly. However, web scraping might be a more complex operation. Websites might be extremely diverse from one another, thus it is essential to determine whether the performance and skills of the web scrapers match the demands of the sites.</p>\n<p>Moreover, scraper bots can be developed to complete a few of the processes such as:</p>\n<ul>\n<li>Contact scraping - it aggregates contact details for blk mailing lists, robo calls, or malicious social attempts.</li>\n<li><strong>Price scraping</strong> - used for scraping pricing information so that competitors can learn about one another.</li>\n<li>Content scraping - Content from the website may be used to reproduce the distinctive advantage of a certain product or service that relies on content.</li>\n</ul>\n<p>In a market analysis, web scraping monitors, prices, analyzes, and gathers product or service information that assists in determining the next step, material creation, and marketing.</p>\n<p>In other words, this strategy assists organizations in making long-term plans. For example, a company may boost its marketing budget in order to enhance sales, but it is clueless that its competitors are already ahead of them by utilizing business automation technology and a web scraper.</p>\n<p>Moreover, a web scraper is able to identify a competitor's pricing quickly, giving the possibility for an organization to react as fast as they can and keep their superiority.</p>\n<p>Web scraping, on the other hand, is mostly used in e-commerce and sales to keep track of pricing and create leads. Regardless, the majority of investors are beginning to embrace this technology for online financial transactions.</p>\n<p>It automates the extraction of data from several sources and stores it in an organized way for systematic analysis.</p>","level":"medium","meta_title":"What is Data Scraping? Definition & Meaning | Crypto Wiki","meta_description":"Data Scraping meaning: Data Scraping - is the process of utilizing computer software to collect information from websites and store it in local databases or other applications.","meta_keywords":null,"language":"en","created_at":"2022-03-01T13:47:59.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-data-scraping"},"currentChapter":"D","currentSection":"what-is-day-trading","chapterTitle":"D","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-day-trading","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
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Crypto Terms: Letter D

What is Day Trading?

Day Trading MEANING:
Day Trading - the activity of buying and selling assets on a frequent basis in order to profit from price movements.
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Let's find out Day Trading meaning, definition in crypto, what is Day Trading, and all other detailed facts.

Day trading is the process of regularly purchasing and selling assets to gain profit on changes in their price.

Day traders utilize several tools and methods to administer the best trades possible. That includes analyzing and researching the price history of an asset to determine the pattern that could eventually repeat itself. This is called the technical analysis.

Another way is to trade just based on instinct. While the first option may seem more logical, others believe that you can’t possibly determine the future of prices.

However, a day trader is constantly trying to predict the short-term price action of the asset they are trading to perform profitable buy or sell deals. Overall, it is a high-risk and high-reward process, since a huge number of aspects control intraday price fluctuations. There are some that can’t be evaluated.

Cryptocurrency and other market asset values typically fluctuate during the day as a result of market dynamics of supply and demand. Typically, in less volatile circumstances, these fluctuations are too little to be a source of worry for long-term investors.

Nonetheless, there is a subset of market players known as day traders who deliberately seek to profit from these changes.

The cryptocurrency market is very volatile, making it a dangerous yet rewarding investment for day traders. When the price of an asset fluctuates by 10% in a single day, the gains and losses might be enormous.

A Forbes article wrote that the success rate for day traders is only around 10%. So, 90% of them might be losing their money. And, in addition, only 1% of traders are supposedly making a big amount of money.

 
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