The most comprehensive dictionary online of blockchain and cryptocurrency-related buzzwords, from HODL to NFT, these are the terms you need to know
The world of cryptocurrencies is a vast and complex one. It can be intimidating to newcomers with its jargon-filled conversations, endless exchanges and tokens, and the constant need to update software. And that's without even mentioning blockchain!
If you're looking to start dabbling in crypto or simply want to understand the basics better, then read on for our comprehensive guide to the most common terms.
Airdrop: An event where a blockchain project distributes free tokens or coins to the community.
Altcoin: Any cryptocurrency that is an alternative to
ATH: All-Time High, the highest value reached by an asset at any point in its history.
Bag holder: A derogatory term to describe investors who are still holding certain assets that have dropped significantly in value since their purchase price.
Bearish: When investors or traders see a bearish trend, they expect a price to decrease and would recommend selling coins/tokens.
Bear market: A market in which prices fall and negative sentiment is rife; this could lead to a drop-off in demand while buyers wait for lower prices