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