HODL: Hold on for dear life
HODL is a popular acronym in the cryptocurrency community that stands for “hold on for dear life.” It is a term used to encourage investors...
Hash rate
In the context of cryptocurrency, hash rate refers to the computational power that is being used to solve the mathematical problems that are required to...
Gas: A fee that is paid to miners to process transactions
Gas is a fee that is paid to miners to process transactions on the Ethereum blockchain. The amount of gas required for a transaction is...
FUD: Fear, uncertainty, and doubt
FUD, or Fear, Uncertainty, and Doubt, is a marketing strategy used to manipulate investors by spreading negative information about a company or product. The goal...
FOMO: Fear of missing out
Fear of missing out (FOMO) is a common psychological phenomenon that can lead people to make impulsive decisions, such as investing in cryptocurrency. FOMO is...
All-time high (ATH)
In the context of cryptocurrency, all-time high (ATH) refers to the highest price that a cryptocurrency has ever reached. The ATH is often used as...
Volatility
Volatility is a measure of how much the price of an asset fluctuates over time. In the context of cryptocurrency, volatility refers to the fact...
Wallet: A digital storage device for cryptocurrency
A wallet is a digital storage device for cryptocurrency. It is a software program that allows users to store, send, and receive cryptocurrency. Wallets use...
NFT: Non-fungible token
A non-fungible token (NFT) is a unique digital asset that is stored on a blockchain. NFTs can represent digital or real-world objects, such as artwork,...
Mining: The process of verifying transactions and adding them to the blockchain
Mining is the process of verifying cryptocurrency transactions and adding them to the blockchain. Miners use their computers to solve complex mathematical problems, and the...
Initial coin offering (ICO)
An initial coin offering (ICO) is a type of crowdfunding that is used to raise money for a new cryptocurrency project. In an ICO, the...
Fiat currency
A fiat currency is a currency that is not backed by a physical commodity, such as gold or silver. Instead, it is backed by the...