2FA : Two-factor authentication to give access to a trading / exchange platform or even a securized wallet
ALTCOIN : ALTernative COIN, so a currency which is not a Bitcoin
ARBITRAGE : Trading on currencies pricing difference troughout trading platforms. For instance RIPPLE at 2€ on Coinbase and 3€ on Binance. I buy it on Coinbase and sell it on Binance
ASK : Price available on an exchange platform
ATH : (All Time High) – Highest price ever of a crypto-currency
BID : Action to buy a crypto-currency
BITCOIN : The historical and well known coin
BLOCKCHAIN : The blockchain is an information storage and transmission technology, transparent, secure and operating without a central control point (Blockchain France Site Definition). A blockchain therefore represents a database containing the history of all the exchanges between its users since their creation. This database is secure and distributed: it is shared by different users without intermediaries, which allows everyone to check the validity of the chain. Each public block string is necessarily programmable with a currency or token. Bitcoin is an example of a programmable currency: transactions between network users are grouped into blocks. Each block is validated by the nodes of the network, called “minors”, according to the nature of the blockchain. In the Bitcoin blockchain, this technique is called Proof of Work or “proof of work” and consists in solving algorithmic problems. Once the block is validated, it is time stamped and added to the block chain. The transaction is then visible to both the recipient and the entire network.
BUY : Buy a cryptocurrency on an EXCHANGE
DAY TRADING : Trading on a daily basis to use every evolution on crypt currencies
DEPOSIT : Deposit a cryto currency on an EXCHANGE from another EXCHANGE or from a classic currency (FIAT)
DIP : Buy a cryptocurrency that has just fallen in the hope of seeing it go back then
DUMP : When a cryptocurrency drops violently in a small window of time
EXCHANGE : Marketplace where we can trade cryptocurrencies onto other cryptocurrencies
FAUCETS : Websites which send freely fractions of cryptocurrencies
FEES : Transactions % or fixed costs taken by the EXCHANGES
FA : Fundamental Analysis: analysis based on the company project, its competitors and the targeted market
FIAT : Currency of a country / continent (euro, dollar, pounds)
FOMO : Fear Of Missing Out. Fear of missing information or not being on the train when the rise will occur
FUD : Fear, Uncertainty, Doubt. Can lead to illogical moves such as panic sell
FUNDING : Action de virement (Deposit) ou de retrait (Withdrawal) d’une crypto-monnaie vers un autre Exchange, un wallet ou votre compte en banque
GDAX : Global Digital Asset Exchange : plateforme d’échange de crypto-monnaies.
HARD FORK : Séparation de blockchain d’une crypto monnaie en deux parties amenant à la création de 2 monnaies propres ayant l’historique des transactions passées. Exemple à l’été 2017 avec le hard fork du bitcoin qui a permis la création de la cryptomonnaie Bitcoin Cash (BCH)
HARDWARE WALLET :
HOLD(ER) / HODL : To preserve in the long term one or more crypto-currencies regardless of the course evolution.
ICO (Initial coin offering) : Crowdfunding on a project leading to a new cryptocurrency. At the launch of an ICO and so before it is available on an EXCHANGE, the price is more advantageous, before the currency does twice times or three times.
MARKET / LIMIT : Price at a given time of a cryptocurrency at a price at which one wishes to buy (BUY) a cryptocurrency (when LIMIT is reached)
MARKET CAP : Market capitalization of a cryptocurrency. Equal to number of pieces pieces in circulation * the price of the piece
MINER : Mining / Mining a cryptocurrency using computer resources in order to build up a significant amount of cryptocurrency
MOON : (moon): means that a currency has made a good spectacular. Other terms: mooning, lift off, big pump. Can also mean that a cryptocurrency has fantastic prospects for evolution
ON THE MOON : Cryptocurrency on the way to the Moon
PANIC SELL : When the markets fall or a stock falls sharply, we can sell in a hurry in the hope of curbing the losses on its capital
PAPER WALLET : Sheet of paper on which are noted the private and public keys of your accounts of exchanges. This sheet of paper must absolutely be in a safe place and protected from any alteration (water, dust, thieves, etc.).
PONZI SCHEME : Financial scheme that favors those who come first, then the second feed the first, the third the second, and so on. Ex: Bitconnect.
POOL : Common mining projects, to pool resources
PRIVATE KEY : As the name suggests this key is important and ultra-private, confidential, secret etc. This key consists of a sequence of numbers and letters or represented as a QR-Code. This key is personal and must be kept in a secret place.
PUBLIC KEY : For a cryptocurrency, the public key of a Wallet is the equivalent of an IBAN of your WALLET is the equivalent of your BSI (Bank Statement of Identity). You pass this public key when you want people to send you money in the cryptocurrency used.
PUMP : When the price of a cryptocurrency rises sharply in a relatively short period of time
SAT / SATOSHI : Bitcoin unit. 1 Satoshi = 0.00000001 BTC
SCALPING : Day / Trading over extremely short periods
SELL : Selling / selling a cryptocurrency
SHITCOIN : Coin that has no core value. Mainly a project that has good communication but no real project inside
SHORTER : Sell a cryptocurrency at a given price in order to get it much more lower (ex: sell at 100 and buy 1 hour later at 80)
SOFT FORK : Blockchain update of a cryptocurrency without its blockchain being divided
STACK : Represents all the cryptocurrency of a trader. If he has 20% more value on a day, the trader can say he has increased his STACK by 20%
STOP LOSS : Setup a sell order at a pre-defined threshold to limit the loss in case of violent stall of a cryptocurrency. Can be double-edged if the currency triggers a very strong rise thereafter.
TA : Technical Analysis: Technical analysis based on mathematical indicators (MM, RSI, etc.) to determine the entry or exit on a cryptocurrency
TAKE PROFIT : Sale order programmed at a fixed value in order to take a profit between a purchase and sale value
TOKEN : Tokens specific to a project. These projects are created and deployed on the Ethereum network, and tokens generally follow a standard, named ERC20
USDT : Special cryptocurrency because theoretically still in par value with the US dollar. Used as a refuge or temporary cryptocurrency when you do not want to transform into FIAT
WALLET : Computer wallet installed on your personal computer that can support one or more cryptocurrencies
WALLET HYBRID : Computer wallet installed on your computer allowing operations between certain crypto-currencies.
WEAK HAND : Sell when you feel like it’s going down again. Different from HODL
WEB/CLOUD WALLET : Cryptocurrency wallet installed on the server of a Wallet provider. You alone are responsible for the security of your cryptocurrency, in no case the site that supports them.
WHALE (BALEINE) : Person or organization with a significant financial capacity offering the possibility to vary the price of a cryptocurrency either upward or downward in its sole interest.
WHITE PAPER : Presentation of the cryptocurrency, its competitive advantages, its potential data on an ICO, its team and its advisors
WITHDRAWAL : Make a withdrawal of a cryptocurrency (from your EXCHANGE to a WALLET or another EXCHANGE) or FIAT in your bank account.