Web3 Beginner's Guide: Uncovering the Basics*

*Cryptocurrency Lingo*

- $BTC: The market leader, a safe bet when unsure

- $ETH: The ecosystem leader, for when you understand value currency

- SOL: An alternative to ETH, for those who think it's "garbage"

- $BNB: The leader of crypto trading platforms, for those who want to buy platform coins without understanding the mechanics

*Blockchain Basics*

- Blockchain: A decentralized ledger recording transactions

- Block: A page in the ledger

- Block height: The ledger page number

- White paper: A detailed project introduction

- Whitelist: Early-stage project chips, beware of scams!

- Mint: Exchange or casting, often used in NFT scenarios

*Market Terms*

- CEX/DEX: Centralized vs decentralized exchanges

- FOMO: Fear of missing out

- FUD: Fear, uncertainty, and doubt

- GAS: On-chain handling fees

- CX: Pyramid schemes

- Degen: Speculators or on-chain gamblers

- DYOR: Do your research!

*Investing and Trading*

- Investment research: A broad term in Web3

- Oracle: Traditional internet data resources

- Pattern: Continuing to take profits

- Get stuck: Continuing to take losses

- MEME: Randomly created tokens

- Cold/hot wallet: Offline/online wallets

- Impermanent loss: Price fluctuations in pools

*Market Stages*

- Primary market: Early-stage investment institutions

- 1.5-level market: Early-stage user intervention

- Secondary market: Centralized exchange entry

- Liquidity: Ability to realize liquidity without affecting market price

- Liquidity mining: Providing funds for high liquidity

- DAO: Distributed organizations or communities

- OTC: Over-the-counter transactions

- OG: "Elder" or "earliest"

- Pixiu: Coins that can be bought but not sold

- Left-side/right-side trading: Guessing market trends

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I hope this helps! Let me know if you need any further assistance. $ETH $BTC $BNB