All-Time-Low. Refers to the lowest price an asset has ever been at. Full definition
Bag Holder
A cryptocurrency trader or investor stuck holding large amounts of a crypto asset that has severely depreciated and cannot be sold back into the market for a decent price. Full definition
Confirmation
Validation of a transaction or series of transactions. On the Bitcoin blockchain, each individual transaction must be validated by multiple independent nodes to be considered a true act. Full definition
Cryptocurrency
Refers to all digital currencies that are on a blockchain and work in a peer-to-peer fashion. Full definition
Faucet
Websites that give away a small amount of cryptocurrency in exchange for visiting the site or completing a survey. Full definition
FOMO (Fear Of Missing Out)
A term used to express the anxiety a trader could feel if they don’t act quickly when making trading decisions, generally arising when a coin’s price is rapidly rising. Full definition
Halving
The procedure of reducing the mining rewards on a blockchain by half. For the Bitcoin network, this occurs once every four years, or approximately the time it takes to mine 210,000 blocks. Full definition
Hash Rate
The unit of measurement of a network’s processing power. Full definition
Miner
The node/node operator which chooses to participate in the gamified/incentivized process of extracting bitcoin and securing its network. Full definition
crypto, from beginner to pro
