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...
In crypto trading, and charting specifically, 1 hour is a common time frame used by traders to review a digital asset’s price movements plotted in 60-minute intervals over some specific time period. Each bar, candle, or column would represent price action for a specific 1 hour.
In crypto trading, the 1-minute time frame or chart is commonly used with scalping strategies to review a digital asset’s price movements plotted in 1-minute intervals over some specific time period. Each bar, candle, or column would represent price action for a specific 60 seconds
Cryptocurrency exchanges and charting platforms will use 30d to show you data from the last 30 days. Using charts or collecting data like historical price movements over a longer time frame offers deeper insight into an asset’s trend when compared to smaller sample sizes of data or shorter windows of time like daily or weekly.
In crypto trading, and charting specifically, 30 Minutes is a common time frame used by traders to review a digital asset’s price movements plotted in 30-minute intervals over some specific time period. Each bar, candle, or column would represent price action for a specific 30 minutes
Happens when the majority of the cryptocurrency network’s hash rate or validation authority is controlled by a single person or entity. Also known as a majority attack, malicious actors could use a 51% attack to cause disruption on the network, potentially overriding the consensus mechanism of the network.
Knowing is not enough, we must apply. Willing is not enough, we must do.Johann Wolfgang von Goethe