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Terms used in Crypto Finance.Market and Community Terms
Exchange
: Platform to buy, sell or trade cryptocurrencies.
HODL
: "Hold" your cryptocurrencies long-term, ignoring volatility.
FOMO
: The fear of missing out on a profit opportunity.FUD: Fear, uncertainty and doubt; negative rumors to drive down the price.Whale: Someone with such a large amount of cryptocurrency that they can influence the market.Volatility: The speed and magnitude of price changes.DeFi: Decentralized Finance, an ecosystem of financial applications without intermediaries.
Terms used in Crypto Finance.
Market and Community Terms
Exchange
: Platform to buy, sell or trade cryptocurrencies.
HODL
: "Hold" your cryptocurrencies long-term, ignoring volatility.
FOMO
: The fear of missing out on a profit opportunity.FUD: Fear, uncertainty and doubt; negative rumors to drive down the price.Whale: Someone with such a large amount of cryptocurrency that they can influence the market.Volatility: The speed and magnitude of price changes.DeFi: Decentralized Finance, an ecosystem of financial applications without intermediaries.
Exchange
: Platform to buy, sell or trade cryptocurrencies.
HODL
: "Hold" your cryptocurrencies long-term, ignoring volatility.
FOMO
: The fear of missing out on a profit opportunity.FUD: Fear, uncertainty and doubt; negative rumors to drive down the price.Whale: Someone with such a large amount of cryptocurrency that they can influence the market.Volatility: The speed and magnitude of price changes.DeFi: Decentralized Finance, an ecosystem of financial applications without intermediaries.
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