Terms being used in the world of cryptocurrencies are now becoming popular even outside blockchain-based markets.
Here, we present to you a list of the most popular terms in our world of cryptocurrencies.
Initial Coin Offering (ICO) – It is a type of crowd-funding using cryptocurrencies.
Altcoin – This means an alternative crypto to Bitcoin.
(All Time High) ATH – This means the highest price a coin has ever reached.
Bullish – An expectation of price increasing.
Bearish – An expectation of price decreasing.
Fork – This means the split of an existing Blockchain into two separate Blockchains.
Fiat – Fiat means local currency issued by a central government like the Naira, Dollar, etc.
HODL – This means to hold a cryptocurrency.
Cold storage – Moving cryptocurrency to an offline (hardware) wallet.
FOMO – This means - Fear of Missing Out.
FUD – Fear. Uncertainty. Doubt. This is action taken to lower investor’s confidence and lower prices.
FUDSTER – This is an entity that spreads FUD.
This list will be updated as new terms arise and become popular.