Forex and Crypto for Beginners
Our cryptocurrency glossary helps you decipher crypto jargon back into plain English. Learn the terms that you’ll come across on your crypto journey.
Personal or business wallets controlled by a company or cryptocurrency exchange (like Coinbase or Binance), which stores your private keys for you. Custodial wallets are considered less safe than noncustodial wallets because if hackers were able to access an exchange’s network, they could potentially access your private keys and ultimately have complete control of your account balance, allowing them to steal your digital assets.
The cryptocurrency industry is made up of 15,000+ different cryptocurrencies, dozens of blockchain companies and platforms, startups, investors, foundations, regulators, influencers, and more, all...
The halving reduces the rate at which new bitcoin is created, specifically reducing block rewards, and in effect, reducing the incentive for miners to continue their work of securing the network.
A Hard Fork is a permanent split of a blockchain into two separate networks that will coexist simultaneously, running in parallel, but not affecting one another.
A type of cryptocurrency wallet that’s based on a physical device, such as a USB thumb drive with buttons and a screen, that stores your private keys to your cryptocurrency funds. A hardware wallet is considered a cold wallet in that it isn’t connected to the Internet, keeping your wallet (and wallet funds) away from hackers and theft.
A slang catchphrase you’ll most likely encounter on social media insulting you for making the wrong decision.
Hayden Adams is best known as the creator of the decentralized exchange and protocol called Uniswap.
Herd Mentality or hive mentality describes how humans pay too much attention to what others say or do, and they allow that collective behavior to influence their own thoughts and actions. It’s basically jumping off a cliff because everyone else is doing it. Rational thought goes out the window. Emotion and gut feelings take over. […]
Hodl means to hold the line, don’t sell. What started out as a typo of the word “hold” in a late-night message board discussion from the dark ages of 2013, has since turned into the mission statement and trading philosophy, and investment strategy for many cryptocurrency traders. The term describes holding onto your cryptocurrency for the long-term and never selling along the way, even when the market turns volatile and prices start to drop.
Hodlers are long-term holders of a cryptocurrency, who buy and hold regardless of price.
A Hot Wallet is a cryptocurrency wallet that is connected to the Internet. Wallets can be classified as either hot or cold. Hot simply means that a wallet is connected to the Internet, perhaps because it’s a wallet at a centralized cryptocurrency exchange or a wallet offered as a web browser extension on your desktop […]
The person who says it cannot be done should not interrupt the person who is doing it.Chinese Proverb