Getting Started

 

FIAT

Currency that is a Government issued legal tender such as the EUR or USD

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Cold Storage

Moving crypto-currency offline to a hardware wallet.

Fomo

Fear of missing out

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FUD

Fear. Uncertainty. Doubt. Propaganda and media coverage that lowers investor confidence and lowers market prices.

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Fork

When an existing blockchain splits into two separate blockchains

Fudster

An entity that spreads FUD

Hold

To hold the cryptocurrency an internet slang used in the cryptosphere

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ICO

Initial Coin Offering. A type of crowdfunding.

Altcoin

Alternative cryptocurrencies Launched after Bitcoin

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ATH

All Time High. The Highest price that the coin has ever reached

Bullish

An expectation of decreasing prices

Bearish

An expectation of decreasing prices.

Market Cap

Total market value of the volume of available cryptocurrencies multiplied by its price

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Mooning

Cryptocurrency prices going up to extremely high

POS

Proof of stake. A type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus in choosing the creator of the next block

POW

Proof of work. An economic measure protocol to deter denial of service attacks and other service abuses on the blockchain

Satoshi

One hundred millionth of a bitcoin. the smallest denomination of a bitcoin.

J

ROI

Return on investment. Percentage of gains from the initial invested capital

QA

Qualitative analysis. Research based on quantifiable information such as management expertise, industry cycles, strengt of research and development.

TA

Technical Analysis. Analysing statistics gathered from trading activities in an attempt to forecast their future movement.

P&D

Pump and dump. Schemes that attempt to boost the price of a coin through recommendations based on exaggerated statements in order to sell

Wallet

Software program that stores private and public keys to interact with various blockchain, used to securely store cryptocurrencies

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Blockchain

Distributed public ledgers. Decentralized public databases, that everyone can access and read, but data on the blockchain can only be updated by the data owners. Data is then replicated across thousands of computers who maintain the blockchain

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Whale

People or groups that have large volumes of cryptocurrency