Explaining most common cryptocurrency terms for newbies as easy as possible

These are the most terms you will hear around here so let me explain them to you.

• Address : This is were you send/receive coins.
• Altcoin : Anything that isn't a Bitcoin .
• ATH : All time high of a coins price in USD.
• BearRun : When the market crash soo hard you sleep with a heartache.
• Blocks : No not those in Minecraft, these blocks are records of everything that happens like transactions etc.
• Blockchain : Its a chain of lots of blocks all records that ever happened are stored here.
• Bullrun : When market go high in the sky.
• DCA : Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase.
• Cryptocurrency : You already know otherwise why are you on this subreddit.
• Decentralized : No central authority, no more bosses.
• Fiat : Real life money minted by governments.
• Exchange : Where people buy high and sell low like Binance.
• FOMO : Fear of missing out, slang used when someone wanna do what everyone is doing.
• Fork : When the developers of a coin change its protocol/rules.
• Fee : A small amount of a coin you pay when making a transaction .
• Gas : Same as fee but way higher, used when talking about eth smart contracts.
• HODL : Hold on for dear life, a slang used when you hold a coin cause you believe in it.
• KYC : Know you customer, some services require this from you so make sure your id have a nice selfie.
• Long : Betting that a coin will rise in value.
• Market cap : Total market Value.
• Mining : Miners get rewarded for using their PCs or asic miners to mine new blocks on the blockchain.
• Mnemonic Phrase : is a 12/24 words that holds all your assets, keep it safe.
• Mooning : Used when you think a specific coin will increase a lot in value and you say to the moon.
• POW : Proof of work, new blocks are generated by the miners and the network verifies it.
• POS : Proof of stake, new blocks are mined according to how many coins you got, the more the better the rewards.
• Private key : Every coin has a private key, who owns this key can access the coins, so keep it safe.
• Pump and Dump : A term used when a group of whales hype up a coin to trick noobs into buying it then they sell once it hits a nice high.
• Rekt : When a trader loses alot of money on trading.
  
• ROI : Return on investment, when you buy a coin and hope to get profit from it.
• Short : Betting that a coin will drop in value.
• Stablecoin : Coins that are pegged to the USD.
• Swap : When you instantly swap any 2 coins based on market value.
• Token : They are created on existing blockchains like Eth, an eth address can hold unlimited amount of tokens.
• Whale : Is someone with a high amounts of a coin.

probably missed some terms.