Investing is allocating resources (such as capital) with the expectation of generating a profit. This can include using money to fund and kickstart a business or buying land with the goal of reselling it later at a higher price.
Trading is a fundamental economic concept that involves buying and selling assets.
Fundamental analysis is a method for assessing a financial asset’s valuation. A fundamental analyst studies both economic and financial factors to determine if the value of an asset is fair. These can include macroeconomic circumstances like the state of the wider economy, industry conditions, or the business connected to the asset (if there’s one). And these are often tracked through macroeconomics leading and lagging indicators.
Technical analysts work with a different approach. The core idea behind technical analysis is that historical price action may indicate how the market is likely to behave in the future.
Cybersecurity is a major element of using cryptocurrency successfully. Developers and users alike should know the basics of technical cryptocurrency abbreviations. Some of these abbreviations include: 2FA – Two Factor Authentication Addy - Address API - Application Programming Interface ASIC – Application Specific Integrated Circuit BFA - Brute Force Attack Bech32 - Bitcoin address format (also known as bc1 addresses) CPU – Central Processing Unit BFT – Byzantine Fault Tolerance DAG – Directed Acyclic Graph DAPP or dApp – Decentralized Application DDoS – Distributed Denial of Service DEVCON - Developers Conference GPU – Graphical Processing Unit IPFS – Interplanetary Files System PKI – Public Key Infrastructure Multi-sig - Multi-Signature NONCE – Number Used Only Once SHA-256 - Secure Hash Acronym (256-bit) WWDC - Worldwide Developers Conference
AML - Anti-Money Laundering ATH - All-Time High ATL - All-Time Low ALT or Altcoin – Alternative Cryptocurrency (cryptocurrency other than Bitcoin) CEX – Centralized Exchange CMC - Coinmarketcap DAICO - Decentralized Autonomous Initial Coin Offering DCA - Dollar Cost Averaging DeFi - Decentralized Finance DEX – Decentralized Exchange DLT - Distributed Ledger Technology ERC-20 - Token standard for Ethereum ERC-721 - Token standard for NFT (non-fungible tokens) ETF - Exchange-Traded Fund ETP – Exchange-Traded Product FIAT – Conventional government-issued currency (e.g. US Dollar, Euro) IBO - Initial Bounty Offering ICO – Initial Coin Offering ITO – Initial Token Offering mBTC - Millibitcoin (0.001 BTC) MCAP – Market Capitalization PnD – Pump-and-Dump scheme OTC – Over the Counter SATS – Satoshis (the smallest denomination of a Bitcoin: 0.00000001 BTC) STO – Securities Token Offering TPS – Transactions Per Second Tx – Transaction TxID – Transaction Identification uBTC - MicroBitcoin (0.000001 BTC) UXTO - Unspent Transaction
BUIDL – “Build” (purposeful misspelling for ironic meaning) FOMO – Fear of Missing Out HODL – Hold On for Dear Life (purposeful misspelling of “HOLD") BTD or BTFD – Buy The Dip or Buy the F****** Dip DYOR – Do Your Own Research FUD – Fear, Uncertainty, Doubt FUDster - A person who spreads Fear, Uncertainty, and Doubt ELI5 - Explain It Like I’m 5 JOMO - Joy of Missing Out KYC - Know Your Customer Lambo - Lamborghini (cryptocurrency term for getting rich) TLT - Think Long Term OCO - One Cancels the Other AMA - Ask Me Anything REKT - “Wrecked” (meaning major losses) TOR - The Onion Router (one who sends anonymous data) CT - Crypto Twitter
SEC – Securities and Exchange Commission FTC – Federal Trade Commission CFTC – Commodity Futures Trading Commission FDIC – Federal Deposit Insurance Corporation DOJ – Department of Justice