Cryptocurrency Useful Terms

if you plan to join the legion of cryptocurrency hodlers then here are some useful terms you should know:

• Sats — Short for Satoshis, a division of Bitcoin, 1 Satoshi = 0.00000001 Bitcoin. 1 Bitcoin = 100,000,000 satoshis

• Fiat — Fiat currency, your standard currencies such as USD, GBP, EURO, CNY etc.

• ATH — All Time High, the peak of a coins price.

• Bull Market — a market in which coin prices are rising, encouraging buying

• Bear Market — a market in which coin prices are falling, encouraging selling.

• Feeling Bullish — Feeling positive that an investment will grow in value

• Feeling Bearish — Feeling that an investment will lose its value

• Weak Hands — People who buy a coin then sell as soon as the price dips

• Strong Hands — Investors who hold on to coins not matter how low the price dips.

• Bloodbath — When a large number of coins lose a lot of their value.

• Moon — A swift and very high price increase.
• Shakeout — When a coin price dips so low and many worried investors sell at a loss, this can also be caused by a “whale” artificially reducing the price.
• Whale — A very large coin…