📚🔑 Crypto Glossary: Learn the language of the market! 🔑📚

If you are new to the world of cryptocurrencies or want to refine your knowledge, here are some of the most used terms in the crypto ecosystem and their meanings. 🚀💡

🪙 Main Terms:

1️⃣ Blockchain:

A chain of blocks that functions as a public and unchangeable record where all transactions are stored.

2️⃣ Token:

A digital unit that represents an asset within a blockchain. Not all cryptocurrencies are tokens, but all tokens are crypto assets.

3️⃣ Wallet:

An application or device where you can securely store, send, and receive your cryptocurrencies.

4️⃣ Exchange:

A platform where you can buy, sell, and trade cryptocurrencies. Example: Binance.

5️⃣ Trading:

The activity of buying and selling cryptocurrencies with the aim of making a profit from price differences.

6️⃣ HODL:

A humorous term that means “hold” your cryptos long-term, even during times of high volatility.

7️⃣ FOMO (Fear of Missing Out):

The fear of missing out on an investment opportunity, which often leads to hasty decisions.

8️⃣ FUD (Fear, Uncertainty, and Doubt):

A strategy or environment of fear, uncertainty, and doubt that can drive prices down in the market.

9️⃣ ATH (All Time High):

The highest price that a cryptocurrency has reached in its entire history.

🔟 Bear Market / Bull Market:

• Bear Market: A bearish market, where price declines prevail.

• Bull Market: A bullish market, where price increases prevail.

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