Our cryptocurrency glossary helps you decipher crypto jargon back into plain English. Learn the terms that you’ll come across on your crypto journey.
Any device that participates in a blockchain network. Normally, nodes are computers or servers that provide some function to the network they’re connected to. A node’s role is dictated by the protocol of the network.
Crypto assets, or "cryptoassets", are purely digital assets that use blockchain technology to create, verify and secure transactions. The crypto market is made up of thousands of different...
A Range-Bound Market, also referred to as a choppy market or noisy market, is where price bounces up and down between a high price and a low price. The low price acts as support, and price just can’t seem to break through it. The high price acts as resistance, and again, price can’t seem to […]
slang for “wrecked”. It describes a trader who has lost a substantial amount of money on a single trade, lost over the course of many trades, or lost by just hodling. Rekt also describes crypto assets themselves, those that have suffered huge drops in value.
We invest or buy low and sell high or swap currencies in hopes of taking our initial investment and growing it larger. This gain (or loss) over (or under) our initial investment can be calculated into a single number or a percentage gain/loss. The percentage metric is then used as a reference point or future comparison for good or bad performances, unique to the person. That value can be used to gauge the profitability of a trade or investment.
A scam tactic perpetrated against crypto traders and investors, that results in all investment funds disappearing without a trace. The scam usually takes the shape of scammers setting up a brand new coin that promises instant gains or too-good-to-be-true scenarios. Once the coin is made public, the scammers (criminals) drum up attention on social media and chat rooms, in hopes of enticing investors to buy the cryptocurrency of the project. The fraud materializes when the founders of the coin disappear without notice, taking all investor funds with them.
Even if you're on the right track, you'll get run over if you just sit there.Will Rogers