What the heck is crypto anyway?

What the heck is crypto anyway?

Crypto….

DeFi….

Dip…

What the H-E-double toothpicks does it all mean?

The vocabulary surrounding the new energy of money can feel like a whole different language…

These days, we have all heard the term “crypto” one way or another.?

Yet what is cryptocurrency, and how deep is our understanding of this new topic??

Start by understanding and getting familiar with the different terms and vocabulary used in the crypto space. It might be as daunting as learning a new language; it will be worth it, though!

Here are some definitions of the basics that you’ll need to know before starting to invest in the future of wealth.?

Noob is a newbie. That’s you - unless you have any experience with crypto. I have no idea why everything needs a new spelling because the old noob was “newbie”.

Which brings us to our next word….?

HODL!

This stands for Hold On for Dear Life. It is one of the core philosophies of cryptocurrency investing. It started because someone misspelled “hold”. HODL or hold your crypto instead of trying to buy low and sell high.

Want to learn a lot more crypto vocabulary? Click below to check out? my latest Goddess of Crypto show episode - where you’ll get an easy crash course in crypto terminology.


GODDESS OF CRYPTO PODCAST

Ellen Melko Moore

Your LinkedIn Strategy is Hurting My Heart and My Eyeballs | "America's Top LinkedIn Thought Leader" - Forbes | Helping 7-8 Figure Businesses Claim The Top Spot w/ Most Lucrative Position, Niche, and "BSOT" Messaging.

2 年

I am "hodl-ing" up a storm and I love it! I am so, so grateful to get to work with you!

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