Most Of You Have You Have Probably Heard Bitcoin Words But Failed To Understand Them So Here's A Simple List Of Them With Definitions To Help You Out. π
- FOMO-fear of missing out.
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2)HODL- hold on for dear life.
πππππππππππ - MOONING- price going up very high.
π«π«π«π«π«π«π«π«π«π«π«π«π«π«
4)FIAT- Non-Crypto money.
π«π«π«π«π«π«π«π«π«π«π«π«π«π« - WHALE- someone who owns lots of crypto
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6)BULLISH- to bet price will go up.
ππππππππππππππππ - BEARISH- to bet price will go down.
8)ATH- highest coin has ever been.
- Market Cap- current price & total supply.
β¨β¨β¨β¨β¨β¨β¨β¨β¨β¨β¨β¨β¨β¨β¨
10)ICO- a coin offering. Crowdfunding.
β¨β¨β¨β¨β¨β¨β¨β¨β¨β¨β¨β¨β¨β¨β¨
11)ROI-return on investment.
πΉπΉπΉπΉπΉπΉπΉπΉπΉπΉπΉπΉ
12)COLD STORAGE- moving crypto to off
internet to hardware/paper wallet.
πΉπΉπΉπΉπΉπΉπΉπΉπΉπΉπΉπΉπΉ - BLOCK CHAIN-public databases anyone can read but is only updated by owners. Is copied by computers worldwide.
πΈπΈπΈπΈπΈπΈπΈπΈπΈπΈπΈπΈπΈπΈπΈ - TO THE MOON or GOING TO THE MOON-were all going to get rich.
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I hoped these definitions helped you to understand Bitcoin better and perhaps you learned new terms. If I left out any terms feel free to comment below a term with a definition.
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Thanks for the info :)
Just a quick question. What do you think is the best thing to do with the Steem dollars we earn on here?
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Invest it into gold or use it to start a business.
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