Some phrases for cryptocurrency BEGINNERS

in #cryptocurrency7 years ago

#FUD = Fear, Uncertainly and Doubt. Propaganda to lower prices
#FOMO = Fear of missing out
#HODL = Someone spelled HOLD wrong on a forum
#MOONING = Price going up extremly high
#FIAT = Goverment issued currency, such as USD$
#WHALE = Someone who owns lots of crypto
#BULLISH = An expectation that price is going up
#BEARISH = An expectation that price is going down
#ATH = All-Time-High. The highest price a coin has ever been
#Market Cap = Total Supply x Currency Price
#ICO = Initial Coin Offering. a type of croudfunding
#ROI = Return of Investment. Gains - Initial Investment
COLD STORAGE = Moving cryptocurrencys 'offline' paper/hardware

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usefull little list!