Crypto Glossary- |Get known to some jargon|

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4 years ago

If you are new to crypto- world you will probably heard many jargon and get confused. In this article I will be writing about few terms and jargon of crypto-world which will make you easier and little clearer. You will find this any term if you read or listen to any crypto news or podcast. Let’s see some of jargon

ATH

  All-Time-High. The highest price of a coin’s ever been.

BEARISH

 An expectation that the price of coin is going to go down.

BULLISH

 An expectation that the price of a coin is going to go up.

BLOCKCHAIN

A digitalized, decentralized, public ledger of all cryptocurrency transactions.

COLD STORAGE

Holding Cryptocurrency offline, e.g. in a paper or a hardware wallet.

FIAT- Standard, government issue currency such as dollars .

FOMO – Action inspired by the “Fear Of Mission Out”

FORK – When a Blockchain splits into two separate chains.

FUD – Fear, Uncertainty and Doub.. Propaganda to drive emotional selling.

HODL – An investor who holds onto a currency for long-term gains.

ICO

Initial coin offering. A form of Crowd-funding  where investors can buy currency at a reduced before it’s listed.

read more about ICO here https://read.cash/@r2000/what-is-an-ico-d9d7b354

MOONING - When the price of a currency soars high to the moon.

MARRKET CAP

Total supply * Current price. Coins are often ordered on exchange by their market cap.

ROI – Return On Investment. Gains – initial investment

WHALE – Someone who owns a lot of Crypto.

Hope this will help you to understand crypto news and article more clearly. If it was helpful please give it an up-vote and if you aren't subscribed yet, please subscribe to me i will be writing more informative article in upcoming days.

Have great time read.cashers.

 

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Comments

About cold storage... Does crypto have a physical currency?

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4 years ago

no but you can store it in paper wallet or in a hardware wallet like usb but other devices

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4 years ago

How? A digital money in physical wallet. How?

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4 years ago

wallet is all about public and private address you can store them in physical wallet like in a paper or in some kind of hardware

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4 years ago

It's too complex for me to understand 🤧

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4 years ago

read this will get some idea about wallet s https://read.cash/@r2000/best-bitcoin-wallets-1e678a0b

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4 years ago

Alright

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4 years ago