A way of investing your crypto by actively participating in transaction validation on a proof-of-stake (PoS) blockchain and being rewarded for that.

A way of investing your crypto by actively participating in transaction validation  on a proof-of-stake (PoS) blockchain  and being rewarded for that.

A type of crypto that is fixed to a government currency like the U.S. dollar (USD) or commodity&rsquo;s price like gold, silver, or oil.

A type of crypto that is fixed to a government currency like the U.S. dollar (USD)  or commodity’s price like gold, silver, or oil.

51% attack/hack usually happens to blockchains that use proof of work (PoW) protocol; the attacker can get control of more than 50 percent of the hashing power and thus be able to manipulate the data in the blockchain.&nbsp;
Example: Bitcoin SV, Verge, and Ethereum Classic experienced 51% attacks.

Majority Attack (or 51% attack/hack) usually happens to blockchains that use proof of work (PoW) protocol; the attacker can get control of more than 50 percent of the hashing power and thus be able to manipulate the data in the blockchain.   Example: Bitcoin SV, Verge, and Ethereum Classic experienced 51% attack.

Address is a string of symbols that acts as a place where users can receive, store, or send cryptocurrency. Every crypto address is unique.

Address is a string of symbols that acts as a place where users can receive, store, or send cryptocurrency. Every crypto address is unique.

FUD is a shortened form of &ldquo;fear, uncertainty, and doubt&rdquo;. It appears when the price of a coin or NFT project drops, or when some negative news or gossip about the project suddenly turns up. People tend to panic and sell their assets when there is FUD, logically, they make the worst investment decisions when they experience FUD.

FUD is a shortened form of “fear, uncertainty, and doubt”. It appears when the price of a coin or NFT project drops, or when some negative news or gossip about the project suddenly turns up. People tend to panic and sell their assets when there is FUD, logically, they make the worst investment decisions when they experience FUD.

Metaverse is&nbsp;a social construction that uses Web 3.0, blockchain technology, and computer interfaces where people build customs, habits, and values and own some property, animals, items that allow them to live and socialize in the virtual reality using their digital identities.&nbsp;

Metaverse is a social construction that uses Web 3.0, blockchain technology, and computer interfaces where people build customs, habits, and values and own some property, animals, items that allow them to live and socialize in the virtual reality using their digital identities. 

Miner is a person who receives bitcoin(BTC) as a reward for completing "blocks" of verified transactions, which are added to the blockchain.

Miner is a person who receives bitcoin(BTC) as a reward for completing "blocks" of verified transactions, which are added to the blockchain.

Mining is a process thanks to which new cryptocurrencies are minted. While mining, complex math puzzles are solved as a way to simultaneously secure and power a network and mint new tokens.

Mining is a process thanks to which new cryptocurrencies are minted. While mining, complex math puzzles are solved as a way to simultaneously secure and power a network and mint new tokens.

Volatility is a quantity of how much the price of an asset has moved up or down over time. As a rule, it&rsquo;s risky to make investments if an asset is volatile, but there are experienced traders who can make use of such fluctuations. To put it simply, it&rsquo;s like a rollercoaster ride &mdash; a price goes up and down, sometimes dramatically.&nbsp;
Volatility could be driven by media, influencers, supply and demand, well-known cryptocurrency fans, and government regulations.

Volatility is a quantity of how much the price of an asset has moved up or down over time.

Non-custodial&nbsp;(self-custodial) &mdash; refers to a crypto-wallet and means that a user has absolute control of their private keys, proving that the stored funds are theirs. There is no need for a third party once using a non-custodial wallet, so a user is entirely responsible for not losing their keys and protecting the assets.

Non-custodial (self-custodial) — refers to a crypto-wallet and means that a user has absolute control of their private keys, proving that the stored funds are theirs.

KYC is an acronym for "know your customer." It refers to checking the identity and background of a financial institution's clients before allowing them to use its product or platform. Banks, stockbrokers, and cryptocurrency exchanges can ask for it. It stops fraudsters from hiding the illegal source of their money behind the legal financial activity.

KYC is an acronym for "know your customer."  It refers to checking the identity and background of a financial institution's clients before allowing them to use its product or platform. 

Memecoin is a kind of cryptocurrency that is rather tied to a funny, humorous topic than to a serious thing. The first meme coin was Dogecoin ($DOGE), named after a famous dog meme on the Net and mocked Bitcoin. Memecoins have a very high or even infinite supply. They are designed not for utility but for trading, and yes, they love hype.

Memecoin is a kind of cryptocurrency that is rather tied to a funny, humorous topic than to a serious thing. 

A hash rate is the overall computational power used by a PoW cryptocurrency network to make transactions. A high hash rate is a marker of how secure and robust a network is because it shows numerous miners are verifying transactions.&nbsp;
Hash rates are counted by the number of calculations per second, which can be as high as the quintillions.

A hash rate is the overall computational power used by a PoW cryptocurrency network to make transactions. A high hash rate is a marker of how secure and robust a network is because it shows numerous miners are verifying transactions.   Hash rates are counted by the number of calculations per second, which can be as high as the quintillions.

Technical analysis is the backbone of any serious investment research.&nbsp; Analysts look at the macro and microeconomic trends, industry conditions, and the competitive landscape to define an asset's value. The analysis relies on charting patterns, statistical indicators, or both. The most commonly used charts are the candlestick, bar, and line charts.

Technical analysis is the backbone of any serious investment research. 

Algo Trading is an automated trading process when you are using pre-set instructions on a computer program. While you install the steps, the automated trading software, a bot, does the rest. When a bot finds the desired trading conditions, it can decide to buy, sell, or hold a specific asset.

Algo Trading is an automated trading process when you are using pre-set instructions on a computer program.

Blockchain oracle is a 3-rd party service that provides smart contracts with off-chain data such as feeds, events, payment rails, and alike, as blockchains and smart contracts can&rsquo;t access data stored outside of the network. Without oracles, blockchain networks are limited in their interaction with external sources. An oracle bridges blockchains and outside data.

Blockchain oracle is a 3-rd party service that provides smart contracts with off-chain data such as feeds, events, payment rails, and alike, as blockchains and smart contracts can’t access data stored outside of the network.

A period when the market goes down more than 20% for a continued time, two months minimum.

A period when the market  goes down more than 20% for  a continued time, two months minimum.

An acronym for &ldquo;fear of missing out&rdquo;, describes people, especially newbies, rushing into buying definite crypto only because they see many others are doing so, without doing due diligence.

An acronym for “fear of missing out”, describes people, especially newbies, rushing into buying definite crypto only because they see many others are doing so, without doing due diligence.

ADA stands for a native cryptocurrency of the&nbsp;<a href="https://cardano.org/">Cardano blockchain platform</a>, which was launched by&nbsp;<a href="https://twitter.com/IOHK_Charles?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor">Charles Hoskinson</a>, a co-founder of the Ethereum network, in 2017. ADA is the native cryptocurrency of the Cardano platform. It was named after Ada Lovelace, the 19th-century mathematician and the daughter of a famous English poet Lord Byron.&nbsp;

Stands for a native cryptocurrency of the Cardano blockchain platform, which was launched by Charles Hoskinson, a co-founder of the Ethereum network, in 2017. ADA is the native cryptocurrency of the Cardano platform. It was named after Ada Lovelace, the 19th-century mathematician and the daughter of a famous English poet Lord Byron.

Airdrop refers to cryptocurrency coins or tokens, NFTs for free. Some new projects may start airdropping of free assets to use this strategy as a marketing strategy for NFT/ crypto-related projects to attract attention and new followers.&nbsp;

Airdrop refers to cryptocurrency coins or tokens, NFTs for free. Some new projects may start airdropping of free assets to use this strategy as a marketing strategy for NFT/ crypto-related projects to attract attention and new followers.

Bagholder is someone who holds instead of selling their crypto that is losing its value for good.

Bagholder is someone who holds instead of selling their crypto that is losing its value for good.

BTD means to &ldquo;buy the dips&rdquo;. It&rsquo;s when you purchase an asset after its price has dropped, which is usually thought of as a bargain as the asset is likely to bounce back and increase in price after a while.

BTD means to “buy the dips”. It’s when you purchase an asset after its price has dropped, which is usually thought of as a bargain as the asset is likely to bounce back and increase in price after a while.

dApp is an acronym of &ldquo;decentralized application&rdquo;, which is a software application that partially runs on a distributed network (i.e. blockchain) instead of a centralized server. With the ability to decentralize information and services, there won&rsquo;t be a single entity that has total control over all the information and related services on the application.

dApp is an acronym of “decentralized application”, which is a software application that partially runs on a distributed network (i.e. blockchain) instead of a centralized server. With the ability to decentralize information and services, there won’t be a single entity that has total control over all the information and related services on the application.

DeFi is an acronym for &lsquo;Decentralized Finance&rsquo;. It is the technology underlying the majority of cryptocurrencies. The most popular DeFi projects are decentralized exchanges, which automate the exchange of cryptocurrencies among buyers and sellers, reducing a middleman&rsquo;s role.&nbsp;

DeFi is an acronym for ‘Decentralized Finance’. It is the technology underlying the majority of cryptocurrencies. The most popular DeFi projects are decentralized exchanges, which automate the exchange of cryptocurrencies among buyers and sellers, reducing a middleman’s role.

DEX is a shortened version of a &ldquo;decentralized exchange&rdquo;. In a centralized exchange, your assets are held by the exchange completely. On the contrary, a DEX is a peer-to-peer platform where transactions run directly between crypto traders without a middleman. Some well-known DEX examples are&nbsp;<a href="https://uniswap.org/">Uniswap</a>,&nbsp;<a href="https://pancakeswap.finance/swap">PancakeSwap</a>,&nbsp;<a href="https://dydx.exchange/">dYdX</a>,&nbsp;and&nbsp;<a href="https://simpleswap.io/">SimpleSwap</a>.

DEX is a shortened version of a “decentralized exchange”. In a centralized exchange, your assets are held by the exchange completely. On the contrary, a DEX is a peer-to-peer platform where transactions run directly between crypto traders without a middleman. Some well-known DEX examples are Uniswap, PancakeSwap, dYdX, and SimpleSwap.

ETH means Ether, which is the Ethereum blockchain native currency. The second in popularity after bitcoin (BTC).

ETH means Ether, which is the Ethereum blockchain native currency. The second in popularity after bitcoin (BTC).

Flippening happens when you buy crypto at low prices and quickly sell it to gain a profit. Flipping is especially popular in the NFT space, where people buy and sell NFTs to make a swift profit during the early stages of the projects.

Flippening happens when you buy crypto at low prices and quickly sell it to gain a profit. Flipping is especially popular in the NFT space, where people buy and sell NFTs to make a swift profit during the early stages of the projects.

ICO&nbsp; is an acronym for Initial Coin Offering, that&rsquo;s a scheme how blockchain projects raise money and launch their digital currency networks. Unfortunately, many ICOs were classic pump-and-dump schemes, so you should be aware of that fact. There is&nbsp;<a href="https://www.simplehold.io/blog/article/what-is-an-ico">an article</a>&nbsp;on the related topic in our blog.

ICO  is an acronym for Initial Coin Offering, that’s a scheme how blockchain projects raise money and launch their digital currency networks. Unfortunately, many ICOs were classic pump-and-dump schemes, so you should be aware of that fact. There is an article on the related topic in our blog.

Pump and Dump is&nbsp;a way of price manipulation where the price of crypto is going up based on fake recommendations (pump) before the assets are sold at a higher price (dump).

Pump and Dump is a way of price manipulation where the price of crypto is going up based on fake recommendations (pump) before the assets are sold at a higher price (dump).

Shill is a process when someone advertises an NFT project on social media as a marketing strategy. There are often &ldquo;shilling&rdquo; channels on Discord for the members in the community to post links to their own NFTs or other NFT projects they personally think will succeed soon.

Shill is a process when someone advertises an NFT project on social media as a marketing strategy. There are often “shilling” channels on Discord for the members in the community to post links to their own NFTs or other NFT projects they personally think will succeed soon.

Wallet is a place where you store your assets. It&rsquo;s worth mentioning that there are different types of wallets &mdash; &ldquo;hot&rdquo; are online, your holdings are easily accessible once you have the internet connection. &ldquo;Cold&rdquo; wallets store crypto offline, giving them extra security and protection from bad actors, but they are a bit difficult to trade.

Wallet is a place where you store your assets. It’s worth mentioning that there are different types of wallets — “hot” are online, your holdings are easily accessible once you have the internet connection. “Cold” wallets store crypto offline, giving them extra security and protection from bad actors, but they are a bit difficult to trade.

Liquidity pool is a pool filled with assets that are locked in smart contracts. It makes that possible to buy and sell crypto on DeFi platforms without intermediaries.

Liquidity pool is a pool filled with assets that are locked in smart contracts. It makes that possible to buy and sell crypto on DeFi platforms without intermediaries.

An annual percentage rate (or APR) is an annual rate that customers get for lending their crypto assets for borrowers to access investment companies or cryptocurrency exchanges. The invested crypto assets will be locked for a particular time period, and then investors will get a fixed interest rate.
NBI Don't mix APR up with APY (annual percentage yield)

An annual percentage rate (or APR) is an annual rate that customers get for lending their crypto assets for borrowers to access investment companies or cryptocurrency exchanges. The invested crypto assets will be locked for a particular time period, and then investors will get a fixed interest rate. NBI Don't mix APR up with APY (annual percentage yield)

Layer 2 (L2) is a secondary protocol built on top of an already existing blockchain system. The main aim of such protocols is to boost the transaction speed and overcome scaling difficulties faced by major cryptocurrency networks like Ethereum and Bitcoin. While the main chain, layer 1, guarantees security, the 2nd layer provides high throughput, so thousands of transactions can take place.

Layer 2 (L2) is a secondary protocol built on top of an already existing blockchain system. The main aim of such protocols is to boost the transaction speed and overcome scaling difficulties faced by major cryptocurrency networks like Ethereum and Bitcoin.  While the main chain, layer 1, guarantees security, the 2nd layer provides high throughput, so thousands of transactions can take place.

OSS is a blockchain characteristic that means users can see all records in the public domain. It makes the system transparent and trustworthy.
Open source is usually implemented in projects that embrace transparency, open exchange, free participation, and community-driven development.
OSS empowers users to see, change, and redistribute the source code.

OSS is a blockchain characteristic that means users can see all records in the public domain. It makes the system transparent and trustworthy.  Open source is usually implemented in projects that embrace transparency, open exchange, free participation, and community-driven development.  OSS empowers users to see, change, and redistribute the source code.

Tendermint - is a blockchain protocol with an open-source code used for building blockchain applications with any programming language securely and consistently. The protocol provides the networking and consensus layers of blockchains as a platform to develop different dApps.
That massively helps developers concentrate&nbsp; on the blockchain's application layer instead of working on both the consensus and the networking layers simultaneously.

Tendermint - is a blockchain protocol with an open-source code used for building blockchain applications with any programming language securely and consistently. The protocol provides the networking and consensus layers of blockchains as a platform to develop different dApps.

Merge refers to Ethereum's migration from a proof-of-work consensus mechanism to a proof-of-stake one. The Merge describes the moment when the Ethereum blockchain will be linked with the Beacon Chain, a proof-of-stake blockchain. The Merge will cut Ethereum's energy consumption by ~99.95%. It will prove that a decentralized and permissionless platform can run energy-efficiently.

Merge refers to Ethereum's migration from a proof-of-work consensus mechanism to a proof-of-stake one.

A period of time when the price of an asset or security rises steadily. A bull is an investor who expects prices to rise.

 A period of time when the price of an asset or security rises steadily. A bull is an investor who expects prices to rise.

Altcoin is a name for an alternative coin, all coins that are not bitcoin (BTC). The biggest one is Ethereum (ETH).&nbsp;

Altcoin is a name for an alternative coin, all coins that are not bitcoin (BTC). The biggest one is Ethereum (ETH).

Blockchain is&nbsp;a series of blocks, is a digital ledger of all the verified transactions made on a particular cryptocurrency. Decentralized apps (dApps) could be built using this technology.&nbsp;

Blockchain is a series of blocks, is a digital ledger of all the verified transactions made on a particular cryptocurrency. Decentralized apps (dApps) could be built using this technology.

Delist is the process of canceling the listing of an NFT for sale from an open market.

Delist is the process of canceling the listing of an NFT for sale from an open market.

Discord is one of the most popular social media for NFTs and gaming projects. Lots of NFT projects have their Discord channels to keep the community updated and informed about the project&rsquo;s news.

Discord is one of the most popular social media for NFTs and gaming projects. Lots of NFT projects have their Discord channels to keep the community updated and informed about the project’s news.

DYOR is a shortened form of the golden rule &ldquo;do your own research&rdquo;. It is always a brilliant idea to DYOR before investing in any asset!

DYOR is a shortened form of the golden rule “do your own research”. It is always a brilliant idea to DYOR before investing in any asset!

Fiat money is a term for describing any currency controlled by a central authority, like the U.S. dollar, Euro, or Pound. Bitcoin or Ether, on the contrary, in its decentralized design, is in opposition to traditional fiat currencies.

Fiat money is a term for describing any currency controlled by a central authority, like the U.S. dollar, Euro, or Pound. Bitcoin or Ether, on the contrary, in its decentralized design, is in opposition to traditional fiat currencies.

Gas is the fee you need to pay to the blockchain network for all kinds of transactions. It goes straight to the &ldquo;miners&rdquo; of a blockchain network to compensate for the computing energy they share to solve difficult math puzzles for verifying transactions. High gas fees are the highest when there is a lot of demand on the network. Ethereum&rsquo;s gas fees are sometimes extremely high because of the huge demand, also because the majority of the Crypto and NFT projects are built on the Ethereum blockchain.

Gas is the fee you need to pay to the blockchain network for all kinds of transactions. It goes straight to the “miners” of a blockchain network to compensate for the computing energy they share to solve difficult math puzzles for verifying transactions. High gas fees are the highest when there is a lot of demand on the network. Ethereum’s gas fees are sometimes extremely high because of the huge demand, also because the majority of the Crypto and NFT projects are built on the Ethereum blockchain.

Halving is one of the most expected events for Bitcoin. That&rsquo;s a process of halving the rewards of mining Bitcoin (BTC) after around 210,000 blocks are already mined. As a rule, it takes around four years. Halving is to ensure that the number of Bitcoin in circulation does not increase proportionally.

Halving is one of the most expected events for Bitcoin. That’s a process of halving the rewards of mining Bitcoin (BTC) after around 210,000 blocks are already mined. As a rule, it takes around four years. Halving is to ensure that the number of Bitcoin in circulation does not increase proportionally.

Hodl stands for "hold". According to Internet gossip, a crypto enthusiast once was drunk and he typed &ldquo;Hodl&rdquo; on an Internet chat forum instead of a correct &ldquo;Hold&rdquo;, explaining to other investors why not to sell crypto. The idea behind Hodl is that Bitcoin&rsquo;s price will be even higher, regardless of huge dips. Everything you need to do is to hodl your horses. Read&nbsp;<a href="https://www.simplehold.io/blog/article/hodling-in-a-cryptocurrency-wallet">the article</a>&nbsp;to learn even more about a hodling strategy.&nbsp;

Hodl stands for "hold". According to Internet gossip, a crypto enthusiast once was drunk and he typed “Hodl” on an Internet chat forum instead of a correct “Hold”, explaining to other investors why not to sell crypto. The idea behind Hodl is that Bitcoin’s price will be even higher, regardless of huge dips. Everything you need to do is to hodl your horses. Read the article to learn even more about a hodling strategy. 

Mint is a term that stands for the creation of a new NFT. In mining, it refers to the creation of a new coin or token.&nbsp;

Mint is a term that stands for the creation of a new NFT. In mining, it refers to the creation of a new coin or token.

No coiner refers to someone who&rsquo;s cynical about cryptocurrency or doesn't own any.

No coiner refers to someone who’s cynical about cryptocurrency or doesn't own any.

P2E is a shortened form of &ldquo;Play to earn games.&rdquo; Blockchain-based games that users tokens play to gain crypto.

P2E is a shortened form of “Play to earn games.” Blockchain-based games that users tokens play to gain crypto.

When Lambo? is definitely a nice question to ask the one who&rsquo;s investing in crypto. This phrase came up after the Consensus Investment Conference which was held in New York in November 2018 when BitMEX exchange rented 3 Lamborghinis and parked them outside the event venue to show the presence of successful cryptocurrency investors.

When Lambo? is definitely a nice question to ask the one who’s investing in crypto. This phrase came up after the Consensus Investment Conference which was held in New York in November 2018 when BitMEX exchange rented 3 Lamborghinis and parked them outside the event venue to show the presence of successful cryptocurrency investors.

Hardware Wallet &mdash;&nbsp;a portable gadget that stores your assets and private keys (critical piece of information used to allow transactions on the blockchain network) safely. It usually looks like a flash drive that connects a hardware wallet to your computer&rsquo;s USB port, and then you install a wallet with it. Some of the most trustable hardware wallets are Ledger and Trezor.

Hardware Wallet — a portable gadget that stores your assets and private keys (critical piece of information used to allow transactions on the blockchain network) safely.

The ERC-20 Ethereum token standard is a pattern for minting and issuing fungible tokens compatible with the Ethereum network. ERC-20 tokens are just like the ETH, which means one token is always equal to all the other tokens. Many popular tokens such as Chainlink (LINK), Tether (USDT), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), and others used the ERC-20 standard.

The ERC-20 Ethereum token standard is a pattern for minting and issuing fungible tokens compatible with the Ethereum network.

Utility token - a digital crypto tokens that is used to obtain financing for a project. Utility tokens provide users with future access to a company's product or service. A utility token is unique to its ecosystem.
For example, $GNT stands for Golem Network Token, acts as a unit of payments of the Golem Network, and can be used only there.

Utility token - a digital crypto tokens that is used to obtain financing for a project. Utility tokens provide users with future access to a company's product or service. A utility token is unique to its ecosystem.  For example, $GNT stands for Golem Network Token, acts as a unit of payments of the Golem Network, and can be used only there.

IoT or The Internet of Things is a term for a network of Wi-Fi-powered appliances and devices that all connect to the internet. The aim is to create a smart home filled with internet-connected appliances that you can control remotely from your phone or other devices. Your refrigerator, air conditioner, toaster, or telly can be controlled on the go.

IoT or The Internet of Things is a term for a network of Wi-Fi-powered appliances and devices that all connect to the internet. 

Venture Capital is a pool of investors ready to invest a substancial amount of money quickly. Fund managers send out prospectus, a document selling them on the investment fund, to potencial investors inviting them to participate.&nbsp;
Startups usually choose the VC funding scheme when they are ready to go public. Above, it gives the crypto startup some legitemacy.

Venture Capital is a pool of investors ready to invest a substancial amount of money quickly. Fund managers send out prospectus, a document selling them on the investment fund, to potencial investors inviting them to participate. 

A Public Ledgre is a system that keeps records and could be called a data storage container. The ledger manages participants' identities anonymously, their cryptocurrency balances, and records all the transactions between network participants.
A public ledger is available for public viewing as well as for verification. No central authority or any 3rd party controls maintains the ledger records.

A Public Ledgre is a system that keeps records and could be called a data storage container. The ledger manages participants' identities anonymously, their cryptocurrency balances, and records all the transactions between network participants.

The U.S. Securities and Exchange Commission (SEC) is an independent federal government regulatory agency created in 1934 by Congress. It&rsquo;s responsible for protecting investors, maintaining fair and orderly functioning of the securities markets, and facilitating capital formation. Since 2017 the SEC has kept an eye on cryptocurrencies and &ldquo;initial coin offerings&rdquo; (ICOs).

The U.S. Securities and Exchange Commission (SEC) is an independent federal government regulatory agency created in 1934 by Congress. 

<span style="font-size: 11pt; font-family: Arial; color: #0e101a; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Candlestick<span style="font-size: 11pt; font-family: Arial; color: #0e101a; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> shows the price activity of an asset during a definite timeframe using four price indexes: open, close, high, and low. 
<span style="font-size: 11pt; font-family: Arial; color: #0e101a; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Candlesticks have different disposal of the closing and opening prices and different colors. Ascending candlesticks are usually filled with green or black. Descending candlesticks are usually red or white and hollow.

Candlestick shows the price activity of an asset during a definite timeframe using four price indexes: open, close, high, and low.

A node is one of the computers that run the blockchain's software to verify and store the complete history of transactions made within the network. It acts like a communication hub for different network tasks. A blockchain node's main task is to confirm the validity of each subsequent piece of network transaction, known as a block.

A node is one of the computers that run the blockchain's software to verify and store the complete history of transactions made within the network

An app that runs on a blockchain system that uses smart contracts. It&rsquo;s decentralized since no person or group governs it.

An app that runs on a blockchain  system that uses smart contracts.  It’s decentralized since no person  or group governs it.

The total sum of all company&rsquo;s shares of stock. It is calculated by multiplying the price of a stock by its total number of company&rsquo;s shares. It shows how much a company is worth.

The total sum of all company’s shares of stock. It is calculated by multiplying the price of a stock by its total number of company’s shares. It shows how much a company is worth.

Ape occurs when you buy a new coin. As an example, I&rsquo;m aping ADA today.&nbsp;

Ape occurs when you buy a new coin. As an example, I’m aping ADA this today. 

Atomic swap is a straight exchange from separate blockchains. The swap is managed between two people without a third party&rsquo;s interference.

Atomic swap is a straight exchange from separate blockchains. The swap is managed between two people without a third party’s interference.

Bitcoin Maximalist is a person who believes that Bitcoin (BTC) is the only cryptocurrency that is worth investing in.

Bitcoin Maximalist is a person who believes that Bitcoin (BTC) is the only cryptocurrency that is worth investing in.

Blocks are a core of a blockchain, and each block carries historical data of all the transactions that were made on crypto until it becomes completed. Blocks should be verified before being added to a blockchain.&nbsp;

Blocks are a core of a blockchain, and each block carries historical data of all the transactions that were made on crypto until it becomes completed. Blocks should be verified before being added to a blockchain.

BSC stands for&nbsp;<a href="https://www.binance.org/en/smartChain">Binance Smart Chain</a>. It&rsquo;s supposed to be an alternative to Ethereum. DeFi platforms like PancakeSwap use BSC, which gives an opportunity to gain lower transaction fees. It runs simultaneously with Binance&rsquo;s native Binance Chain (BC), supplying the high transaction ability of BC with added smart contract practicality.

BSC stands for Binance Smart Chain. It’s supposed to be an alternative to Ethereum. DeFi platforms like PancakeSwap use BSC, which gives an opportunity to gain lower transaction fees. It runs simultaneously with Binance’s native Binance Chain (BC), supplying the high transaction ability of BC with added smart contract practicality.

Cryptosis is a state of mind when one is totally obsessed with everything about cryptocurrencies and the market and what to learn more on the topic.

Cryptosis is a state of mind when one is totally obsessed with everything about cryptocurrencies and the market and what to learn more on the topic.

Fork happens when a cryptocurrency or blockchain-based network splits off into two separate projects with their own code and set of governing rules. There is a &ldquo;soft&rdquo; fork, only one blockchain will remain working, and a &ldquo;hard&rdquo; fork results in two new brand chains being operational. Bitcoin Classic is a hard fork of Bitcoin, so both cryptocurrencies run on divided blockchains, with their own miners, nodes, and network participants.

Fork happens when a cryptocurrency or blockchain-based network splits off into two separate projects with their own code and set of governing rules. There is a “soft” fork, only one blockchain will remain working, and a “hard” fork results in two new brand chains being operational. Bitcoin Classic is a hard fork of Bitcoin, so both cryptocurrencies run on divided blockchains, with their own miners, nodes, and network participants.

Mooning is a way to talk about skyrocketing prices of crypto or NFT.

Mooning is a way to talk about skyrocketing prices of crypto or NFT.

NFT is a shortened version of a Nonfungible Token, which is a digital asset that proves ownership of a digital item, like a digital artwork, online collectible, medical records, or documents.&nbsp; The majority of cryptocurrencies are &ldquo;fungible&rdquo;, meaning there is no distinction between one coin and another; while one NFT isn&rsquo;t equal to another one due to its uniqueness.&nbsp;

NFT is a shortened version of a Nonfungible Token, which is a digital asset that proves ownership of a digital item, like a digital artwork, online collectible, medical records, or documents.  The majority of cryptocurrencies are “fungible”, meaning there is no distinction between one coin and another; while one NFT isn’t equal to another one due to its uniqueness.

P2P is a decentralized network, where each computer acts as a server and a client simultaneously. Two people can interact straightly with each other without a third party.

P2P is a decentralized network, where each computer acts as a server and a client simultaneously. Two people can interact straightly with each other without a third party.

Rekt is a slangy term for &ldquo;wrecked&rdquo;. In the crypto community, it describes someone who has experienced dramatic financial loss because of poor investment decisions.

Rekt is a slangy term for “wrecked”. In the crypto community, it describes someone who has experienced dramatic financial loss because of poor investment decisions.

Rug pull is referred&nbsp;to a situation when a team behind a crypto or NFT project leaves the project and runs away with investors&rsquo; crypto. By the way, you can learn how to avoid scams in&nbsp;<a href="https://www.simplehold.io/blog/article/common-cryptocurrency-scams-and-how-to-avoid-them">this article</a>.&nbsp;

Rug pull is referred to a situation when a team behind a crypto or NFT project leaves the project and runs away with investors’ crypto. By the way, you can learn how to avoid scams in this article.

Satoshi is the smallest unit of bitcoin (BTC). It&rsquo;s equivalent to 100 millionth of a bitcoin, or less than half a cent. Named after a person (or a team) who founded bitcoin known as Satoshi Nakamoto.

Satoshi is the smallest unit of bitcoin (BTC). It’s equivalent to 100 millionth of a bitcoin, or less than half a cent. Named after a person (or a team) who founded bitcoin known as Satoshi Nakamoto.

Token is a tradable asset or utility that runs on its own blockchain and allows the holder to use it for investment or economic purposes.

Token is a tradable asset or utility that runs on its own blockchain and allows the holder to use it for investment or economic purposes.

Whale is a term referred to investors and trading firms with large amounts of Bitcoin and other cryptocurrencies. Whales are extremely influential among crypto day traders for their ability to impact the prices with single trades.&nbsp;

Whale is a term referred to investors and trading firms with large amounts of Bitcoin and other cryptocurrencies. Whales are extremely influential among crypto day traders for their ability to impact the prices with single trades.

Crypto winter is&nbsp;an extended bearish period of continually falling crypto assets&rsquo; prices (%80+ decline) that can last up to 10-12 months. As an example, in 2018, BTC skyrocketed to about $20,000 before a two-year drop to under $5,000. Sometimes it causes the crypto industry to experience an extensive downturn.

Crypto winter — an extended bearish period of continually falling crypto assets’ prices (%80+ decline) that can last up to 10-12 months. As an example, in 2018, BTC skyrocketed to about $20,000 before a two-year drop to under $5,000. Sometimes it causes the crypto industry to experience an extensive downturn. 

A golden cross is a bullish signal generated when a short-term, usually 50 days, moving average crosses above a long-term, approximately 200-day moving average. The short-term average goes up faster than the long-term one until they cross.
A golden cross is a strong signal that the market is ready to rise, which means it&rsquo;s a good time to invest your money in a particular asset.

A golden cross is a bullish signal generated when a short-term, usually 50 days, moving average crosses above a long-term, approximately 200-day moving average. 

APY &mdash; is an acronym for an &ldquo;annual percentage yield.&rdquo; It&rsquo;s the annualized sum of an investment&rsquo;s return, factoring in compound interest that grows with the balance. Compound interest is an interest gained from the initial deposit, and the interest earned on that interest.
You can earn APY on cryptocurrencies by staking them, depositing them in savings accounts, or providing liquidity to liquidity pools (LPs) through yield farming.

APY — is an acronym for an “annual percentage yield.” It’s the annualized sum of an investment’s return, factoring in compound interest that grows with the balance. Compound interest is an interest gained from the initial deposit, and the interest earned on that interest.

Quasar Smart Contract &mdash; is a smart contract and a great solution for layer-2 blockchain projects; The matter is that it takes too long, about 14 days, to transfer the asset to layer 1 from layer 2.&nbsp;
Thanks to OMG Network&rsquo;s Plasma layer-2 scaling solution, it&rsquo;s possible to pass the issue of layer-2 blockchain scalability. It improved its Plasma solution to transform it into Quasar.

Quasar Smart Contract — is a smart contract and a great solution for layer-2 blockchain projects; The matter is that it takes too long, about 14 days, to transfer the asset to layer 1 from layer 2

Swap is a quick and direct process of exchanging one currency you have for the comparable value of another currency. Crypto swapping allows you to get the coin you want in a minute. It can be used to diversify your crypto portfolio, change for a more perspective coin, make some profit using the price difference and fluctuation in the market, etc.

Swap is a quick and direct process of exchanging one currency you have for the comparable value of another currency. 

IGO - is a way to fundraise a blockchain gaming and Play2Earn games. As a rule, it's organized via launchpad platforms that facilitate the whole IGO process. Launchpads investments ask users to lock the platform's native token for a particular period. The acquisition is used to develop the game. Users can get early-bird access to the game's tokens or NFTs.

IGO - is a way to fundraise a blockchain gaming and Play2Earn games. As a rule, it's organized via launchpad platforms that facilitate the whole IGO process. Launchpads investments ask users to lock the platform's native token for a particular period. The acquisition is used to develop the game. Users can get early-bird access to the game's tokens or NFTs.

Trading volume shows how much a cryptocurrency has traded over a definite timeframe. It is an important measurement because it significantly impacts price from an absolute and relative perspective. Trading volume can also signal to investors when it&rsquo;s the best time to enter the market.

 Trading volume shows how much a cryptocurrency has traded over a definite timeframe. 

Crypto trends 2023 you need to know.

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