🚨🚨 All Crypto Millionaires Know This🚨🚨
Beginner Or Pro? You Will Appreciate This.
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Blockchain: A distributed ledger technology that records transactions on multiple computers across the world. This makes it very difficult to tamper with the data.
Bitcoin: The first and most well-known cryptocurrency. It is a digital asset and a payment system invented by Satoshi Nakamoto.
Altcoin: Any cryptocurrency other than Bitcoin. There are thousands of altcoins in existence, each with its own unique features.
Market Capitalization (Market Cap): The total value of all the coins of a particular cryptocurrency in circulation. It is calculated by multiplying the price of a coin by the total number of coins in circulation.
Circulating Supply: The number of coins that are currently in circulation and available to be traded.
Total Supply: The maximum number of coins that will ever be created for a particular cryptocurrency.
Mining: The process of validating cryptocurrency transactions and adding them to the blockchain. Miners are rewarded with new coins for their work.
Staking: A way to earn rewards on certain cryptocurrencies by holding them in a cryptocurrency wallet.
Decentralization: One of the key features of cryptocurrency. It means that there is no central authority that controls the network.
Bull Market: A period when cryptocurrency prices are generally rising.
Bear Market: A period when cryptocurrency prices are generally falling.
FOMO (Fear Of Missing Out): A feeling that can lead investors to buy cryptocurrencies without doing their proper research.
ATH (All-Time High): The highest price a cryptocurrency has ever reached.
ATL (All-Time Low): The lowest price a cryptocurrency has ever reached.
ROI (Return on Investment): The profit or loss on an investment.
ICO (Initial Coin Offering): A way for companies to raise funds by selling new cryptocurrencies.
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