Meaning of "floor"
This is a unit or concept used in stocks and cryptocurrencies to represent the purchase price (price range) in numerical terms, similar to the floors of an apartment building, showing them in stages.
"During this market downturn, I divided my positions into three tiers and placed my first buy order at Tier 3."
Related slang words
Pick it upThis refers to the practice of frequently making small purchases at low price points where profits can be made when prices have fallen significantly, thereby “picking up the scraps” to capitalize on profit opportunities.CriticsThis refers to the average purchase price calculated by weighting the price at each point of purchase based on the quantity traded when an asset (such as stocks or cryptocurrency) is purchased in multiple transactions.Finger HeartA hand gesture in which the thumb and index finger are brought together to form a small heart shape, used to express feelings such as love, support, and affectionKimchi PremiumThis refers to the phenomenon where cryptocurrency prices are higher on domestic exchanges than on overseas exchanges.Korean BBQThis refers to the Korean BBQ culture of grilling meat directly at the table, and signifies that it is recognized among global foodies for its interactive dining experience and rich flavors.Leading stockA leading stock that sets the overall tone and direction for a specific industry or market; these are typically stocks with large market capitalizations and significant influence.Side dishes/BanchanA collective term for the various side dishes served alongside the main course, which together create a plentiful and harmoniously arranged mealOn the Way to the Han RiverUsed as a figurative expression implying a desperate decision when emotions run high due to significant losses or failed investments