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- ATH (All-time high)
- Alternative Coins (Altcoins)
- Bitcoin Maximalist
- Bitcoin to the moon
- Block reward
- Blockchain
- CEX – Centralized Crypto Exchange
- DAO
- dApps
- DEX
- DeFi
- Digital Address
- Digital Wallet
- FIAT
- FOMO
- FUD
- HODL
- Halving
- ICO
- IEO
- KYC
- Market Cap
- Mining and Miners
- Proof-of-stake (PoS)
- Proof-of-work (PoW)
- Private Key (Seed)
- Pump & Dump
- Satoshi
- Shitcoin
- Total Market Cap
- Whale (Bitcoin Whale)
- Whitepaper
Cryptocurrency Terms
- ATH (All-time high):
- Highest price reached by an asset, with Bitcoin’s ATH at $19,800.
- Opposite: ATL (All-time low).
- Alternative Coins (Altcoins):
- Digital cryptocurrencies other than Bitcoin, each with unique features.
- Examples: Ethereum, Ripple.
- Bitcoin Maximalist:
- A person who strongly believes only in Bitcoin, dismissing other altcoins as unnecessary.
- Block Reward:
- Compensation miners receive for validating transactions and recording them on the blockchain.
- Blockchain:
- A vast information file listing all transactions ever made, serving as the heart of the Bitcoin network.
- CEX (Centralized Crypto Exchange):
- Online trading platform operated by a specific entity, allowing crypto and FIAT trading.
- DAO (Decentralized Autonomous Organization):
- An organization without a central government, often operated by shareholders with transparent rules.
- dApps (Decentralized Applications):
- Applications built on blockchain technology without a central operational authority.
- DEX (Decentralized Exchange):
- Exchange without a central authority, offering enhanced security over CEX.
- DeFi (Decentralized Finance):
- A monetary system built on public blockchains without centralized institutions.
- Digital Address:
- A unique sequence of letters and numbers representing cryptocurrency wallets.
- Digital Wallet:
- An application for storing digital currencies, using public addresses and private keys.
- FIAT:
- Any state-backed currency used in daily transactions (e.g., USD, Euro).
- FOMO (Fear Of Missing Out):
- Fear of not entering a profitable trading position.
- FUD (Fear, Uncertainty, and Doubt):
- Spread of negative news about crypto to create panic.
- HODL:
- A term derived from “hold,” signifying a long-term belief in Bitcoin despite price fluctuations.
- Halving:
- A process that halves rewards for miners every four years, affecting Bitcoin’s supply.
- ICO (Initial Coin Offering):
- Fundraising method for crypto projects, offering tokens to investors.
- IEO (Initial Exchange Offering):
- Fundraising conducted by a crypto exchange for creating a new token.
- KYC (Know Your Customer):
- Identity verification process for users due to regulations.
- Market Cap:
- Current price of a cryptocurrency multiplied by its total circulation, indicating its value.
- Mining and Miners:
- Process of creating new cryptocurrencies, done by miners solving complex equations.
- Proof-of-Stake (PoS):
- Consensus algorithm allowing users to validate blocks based on their coin holdings.
- Proof-of-Work (PoW):
- Original consensus algorithm confirming transactions through competition among miners.
- Private Key (Seed):
- Unique key or seed phrase required to access cryptocurrency funds.
- Pump & Dump:
- Artificially inflating and then quickly selling an asset to profit, often in lower-cap cryptocurrencies.
- Satoshi:
- Cent unit of Bitcoin, representing 0.00000001 BTC.
- Shitcoin:
- Nickname for altcoins with no working product or value, often used by Bitcoin Maximalists.
- Total Market Cap:
- Combined market capitalization of all cryptocurrencies.
- Bitcoin Whale:
- Individual or entity owning a significant amount of Bitcoin, capable of influencing its price.
- Whitepaper:
- Authoritative report informing readers about the specifications of a newly created crypto project.
