Altcoin – A cryptocurrency other than Bitcoin
Aml – Anti money laundering
Arbitrage – Taking advantage of a market price differences across different exchanges
Ath – All time high. This implies the highest market price of a cryptocurrency
Backup phrase – Random words which can be used to restore a wallet
Bagholder – A trader with a huge amount of cryptocurrency
Bear/bearish – Market downtrend
Block – A digital file the contains transactions records
Blockchain – A decentralized open ledger that cannot be manipulated
Bull/bullish – Market uptrend
Cex – Centralized exchange
Coin – A cryptocurrency built on its own blockchain. An example is Bitcoin
Consensus – Nodes network agreement
Cryptocurrency – A censorship resistance digital form of money
Cryptography – Encoding or decoding an information
DDoS – Distributed denial of service. This happens when a service is overwhelmed by parties in agreement
Dex – Decentralized exchange
Distributed ledger – A perfect example of the blockchain
Dump – Price down due to heavy sell-off
Escrow – A trusted third party involved in peer to peer transactions
Fiat – Paper money
Exchange – A marketplace where cryptocurrency trading takes place
Fomo – Fear of missing out
Fork – A blockchain alteration to create a new blockchain with shared history
Fud – Fear, uncertainty and doubt
Hodl – Hold on for dear life
Ico – Initial coin offering
Ieo – Initial exchange offering
Kyc – Know your customer
Long – To speculate market uptrend
Marketcap – Total market value of a cryptocurrency or cryptocurrencies
Mining – To validate transactions for incentives
Moon – Market uptrend
Noob – An inexperienced crypto newbie
Pow – Proof of work
Pos – Proof of stake
Private key – A string of numbers and letters which can be used to access a wallet directly
Public key – A string of numbers and letterd which can be used to receive cryptocurrency. This is also known as a wallet address
Pump – Price up due to fomo or heavy buying activities
Rekt – To lose money on a trade due to heavy dump
Roi – Return on investment
Satoshi (sats) – A unit of Bitcoin
Short – To speculate market downtrend
Token – A cryptocurrency built on an external blockchain. An example are ERC20 tokens
Vc – Venture capitalist
Whale – A very rich crypto trader that involves in large transactions
White Paper – A downloadable document containing information about a blockchain project
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