Crypto glossary

in crypto •  3 years ago 

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Pic source https://towardsdatascience.com/
some common monetary glossary

(FOMO) Fear Of Missing Out
The feeling of fear and anxiety that you might be missing out on a potentially profitable opportunity.
FOMO described by Dr. Dan Herman in 2000.

(FUD) Fear, Uncertainty and Doubt
A marketing strategy used to spread fear and insecurity among customers, traders, or investors.
The expression “Fear, uncertainty, and doubt” dates back to the 1920s, but its short version “FUD” started to be used extensively around 1975

Full Node
A computer that fully implements the entirety of rules of an underlying blockchain network and completely validates transactions and blocks on a blockchain.

Futures Contract
Futures contracts, often referred to as futures, are agreements that bind traders to buy or sell assets in the future at a specific price and date. These financial instruments are frequently used by both hedgers and speculators as a way to potentially anticipate future price movements, either for hedging against risks or for making profits.

Falling Knife
The term falling knife (also known as "Catching a Falling Knife" or "Catching the Bottoms") refers to the action of buying an asset which is rapidly declining in price.

source https://academy.binance.com/

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Thanks for sharing this with us.. really giving benifits.