Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

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Influenser

This is a very famous and authoritative personality in the crypto industry, who is the leader of opinions and affects the minds of many users.

Other Important Terms

The abbreviation, which stands for "conduct your own research." This term is used in cases where it is recommended to independently study the project, get acquainted with its white paper, see ratings on various aggregators, etc., and not to believe the word for other investors.

Food/ FAD

These are manipulations performed by some persons in order to spread obviously false or negative information, which will later cause a decrease in the rating of any project, the emergence of distrust of it or will contribute to the fall of the price of token.

Paper Hands

This is an investor with weak hands that gets rid of coins at the first panic and detecting increased risk

WAGMI

This phrase is used when a lot of good news comes out and the hope is created that coins will grow. In this state, we hear only good news, not paying attention to the bad

BEP-20

This is the standard of tokens in the BSC blockchain (Binance Smart Chain).

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