Simple explanations of the terms you hear every day in the cryptocurrency market.
Holding an asset long-term regardless of short-term price swings, as opposed to active trading.
Buying a fixed amount of an asset at regular intervals to reduce the effect of volatility on your average buy price.
The fear of missing out on an opportunity, which leads to hasty trade entries without proper analysis.
The spread of worrying news or rumors that triggers fear and panic selling in the market.
A person or entity holding a very large amount of a cryptocurrency, capable of influencing the market.
A scam in which a project's creators suddenly withdraw liquidity and disappear.
The fee paid to process a transaction on blockchain networks such as Ethereum.
Locking up a digital asset to help secure a network, in exchange for rewards.
A set of financial services — lending, trading, saving — that run on the blockchain without a traditional intermediary.
A non-interchangeable token representing ownership of a unique digital asset, such as a piece of art.
A distributed, tamper-proof ledger that records transactions as a chain of blocks.
A self-executing program on the blockchain that runs automatically once its predefined conditions are met.
Any cryptocurrency other than Bitcoin.
A period when prices are trending upward and growing.
A period when prices are trending downward and declining.
The highest price an asset has ever reached.
The total value of a cryptocurrency, calculated as its unit price multiplied by its total circulating supply.
How easily an asset can be bought or sold without significantly affecting its price.
The difference between a trade's expected price and the price at which it actually executes.
A wallet not connected to the internet, used for secure long-term storage of assets.
A wallet connected to the internet; convenient for quick access but carries more security risk.
A set of words used to recover access to a wallet; it should never be shared with anyone.
Price manipulation created by artificially hyping up buying interest, then selling off heavily by the organizers.
A free distribution of tokens to users, usually to introduce a new project or reward existing holders.
A cryptocurrency whose value is pegged to a stable asset such as the U.S. dollar, like Tether (USDT).
Using borrowed capital to increase a trade's size, which magnifies both profit and loss by the same factor.