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💹 The meaning behind K, Million, and Billion – A simple explanation

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Have you come across those symbols K, M, and B on social media or when navigating the crypto world? They always confused me until I decided to research them thoroughly. I share with you what I discovered:

🔹 The mysterious “K” It comes from “kilo” and represents a thousand units. 1K = 1.000 (mil) 10K = 10,000 (ten thousand) 100K = 100,000 (one hundred thousand)

🔹 The powerful “M” Represents the million, that number that we all dream of reaching someday. 1M = 1,000,000 (one million) 5M = 5,000,000 (five million) 10M = 10,000,000 (ten million)

🔹 The imposing “B” It symbolizes the trillion, an amount that few mortals manage to handle. 1B = 1,000,000,000 ( billion ) 10B = 10,000,000,000 (ten billion)

🧠 Quick reference Symbol | Meaning | Numeric Value 1K | Thousand | 1,000 1M | One Million | 1,000,000 1B | One Billion | 1,000,000,000

📌 My advice: Mastering these symbols has saved me many times when trading in the digital market. Don't be like me at the beginning, confusing amounts and making wrong decisions for not understanding these basics.

Although it may seem trivial, knowing these symbols can be the difference between correctly interpreting an opportunity or completely misunderstanding a situation in the volatile world of digital finance.

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