Bitcoin Terms
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. 😊
- FOMO-fear of missing out.
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2)HODL- hold on for dear life.
🎟🎟🎟🎟🎟🎟🎟🎟🎟🎟🎟 - MOONING- price going up very high.
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4)FIAT- Non-Crypto money.
🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫 - WHALE- someone who owns lots of crypto
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6)BULLISH- to bet price will go up.
🎟🎟🎟🎟🎟🎟🎟🎟🎟🎟🎟🎟🎟🎟🎟🎟 - BEARISH- to bet price will go down.
8)ATH- highest coin has ever been.
- Market Cap- current price & total supply.
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10)ICO- a coin offering. Crowdfunding.
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11)ROI-return on investment.
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12)COLD STORAGE- moving crypto to off
internet to hardware/paper wallet.
💹💹💹💹💹💹💹💹💹💹💹💹💹 - BLOCK CHAIN-public databases anyone can read but is only updated by owners. Is copied by computers worldwide.
💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸 - 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?
Invest it into gold or use it to start a business.