How to create a MetaMask account:
How to transfer ETH (Ethereum) to MetaMask:
How to transfer BNB to MetaMask:
How to Buy Crypto:
Buy & Sell NFT’s
AMA – Ask Me Anything
APY – Annual Percentage Yield
FUD – Fear, Uncertainty, and Doubt
FOMO – Fear Of Missing Out
EA – Early Access
WL – Whitelist
FL – Fair Launch
AD – AirDrop
DCA – Dollar Cost Averaging
DeFi – Decentralised Finance
DYOR – Do Your Own Research
Moon – When a coin pumps really hard
Pump – When the price goes up
Dump – When the price goes down
Rekt – When you lose money in a big way
HODL – Hold On for Deal Life
Diamond Hands – When you hold no matter what
Paper Hands – When you sell too soon
Send it – Pump a coin
ATH – All time high
FA – Fundamental analysis
TA – Technical analysis
Noob – A newbie into crypto
Ape – buying into a new token, usually rushing in
Moon Bag – When you keep a certain amount of money in a risky investment hoping it’ll go to the moon, but not worrying about losing it.
Moon boys – People who don’t really know what they’re doing and talking as if they’re knowledgeable without experience. They usually say “to the moon” about any token they invest in.
Shilling – When someone is promoting a project. “Stop shilling guys!” That’s asking people to stop talking about the project because they have financial gain from doing so. “He’s been shilling this token for a week now” This means he has been promoting it for a week.
Fucking legend – Anyone buying or selling crypto
Blockchain bridges are gateways by which blockchains can mix. Bridges can operate between one blockchain and another, or they can operate between a blockchain and a side chain, essentially a blockchain operating under a different set of rules but is connected to that chain.
Rug Pull – Rug pulls are a blatant exit scam in most cases, designed as a promising project that attracts users. When liquidity flows into the project and the price grows, developers then pull all the liquidity they can, crushing the capital of those left holding the bags in the end.
A smart contract is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.
Decentralised Finance vs Centralised Finance
1) Centralized Finance (CeFi) exchanges — act as an intermediary to manage the crypto transactions and activities of users
2) Decentralized Finance (DeFi) exchanges — which eliminate the need of any third party to control the activities of users, thus allowing technology to take over and users having authority to manage their transactions and deals.
Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price. Cash is the most liquid of assets, while tangible items are less liquid. The two main types of liquidity include market liquidity and accounting liquidity.
Market Cap (Market Capitalisation)
Market capitalization refers to the total dollar market value of a company’s outstanding shares of stock. Commonly referred to as “market cap,” it is calculated by multiplying the total number of a company’s outstanding shares by the current market price of one share.
A blockchain is a type of database. To be able to understand blockchain, it helps to first understand what a database actually is.
Pre-selling is a practice performed by some crypto projects ahead of an initial coin offering, in which tokens are sold to interested parties at a certain price. … Developers may also perform a pre-sale in order to create buzz ahead of the ICO, hoping for a price surge when the asset goes public.
An early stage investment round for strategic investors with a considerable amount of investible funds.
Altcoins are cryptocurrencies other than Bitcoin. They share characteristics with Bitcoin but are also different from them in other ways. For example, some altcoins use a different consensus mechanism to produce blocks or validate transactions.
The term shitcoin refers to a cryptocurrency with little to no value or a digital currency that has no immediate, discernible purpose. The word is a pejorative term often used to describe altcoins or cryptocurrencies that were developed after bitcoins became popular.
Beginner. A cryptocurrency or digital cash that is independent of any other blockchain or platform. The key feature of a coin is that of a currency, and the term may also be used to describe a cryptocurrency asset that is not a token.
Crypto tokens are a type of cryptocurrency that represents an asset or specific use and resides on their blockchain. Tokens can be used for investment purposes, to store value, or to make purchases. … Created through an initial coin offering, crypto tokens are often used to raise funds for crowd sales.
A candlestick chart is a method of showing historical prices of an asset (e.g. cryptocurrency), giving a good summary of the price’s behavior. • It is extremely relevant in Bitcoin and cryptocurrency trading, as candlestick patterns can indicate bullish or bearish reversals.
Automated market makers (AMM) enable unstoppable, automated, and decentralized trading using algorithms to price assets in liquidity pools. … Uniswap, Sushi, Balancer, and Curve Finance are a few top crypto decentralized exchanges using the AMM model to deliver DeFi to the masses.
At its core, yield farming is a process that allows cryptocurrency holders to earn rewards on their holdings. With yield farming, an investor deposits units of a cryptocurrency into a lending protocol to earn interest from trading fees.
A decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary. Many popular DEXs, like Uniswap and Sushiwap, run on the Ethereum blockchain.
What is Tokenomics for a Crypto Token? A crypto token in case anyone needs to recall the definition- is essentially a crypto coin based on a blockchain platform that can be exchanged with another blockchain, and that provides many incentives to the holders of said token.
Oracles present a way for a blockchain or smart contract to interact with external data. They act like an API to the world outside of blockchain. … Crypto oracles query, verify, and authenticate external data and then relay it to the closed system. That authenticated data would then be used to validate a smart contract.
Gas fees – The pricing mechanism employed on the Ethereum blockchain to calculate the costs of smart contracts operations and transaction fees.
A negative trend in prices of a market. It is widely used not only in the cryptocurrency space but also in the traditional markets.
A positive trend in prices of a market. It is widely used not only in the cryptocurrency space but also in the traditional markets.
A staking pool allows multiple stakeholders (or bagholders) to combine their computational resources as a way to increase their chances of being rewarded. In other words, they unite their staking power in the process of verifying and validating new blocks, so they have a higher probability of earning the block rewards. (source: https://academy.binance.com/)
Slippage happens when traders have to settle for a different price than what they initially requested due to a movement in price between the time the order (say for Bitcoin) enters the market and the execution of a trade. … Too much slippage can cost frequent traders a lot of money.
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards. (source: Coinbase.com)
Non-fungible token. That doesn’t make it any clearer. Right, sorry. “Non-fungible” more or less means that it’s unique and can’t be replaced with something else.
Binance Academy: https://academy.binance.com/
Shrimpy Academy: https://academy.shrimpy.io/
How to become a crypto millionaire:
Top 10 Staking Coins that pay:
How to day trade crypto (with different strategies):
The Ultimate Cryptocurrency Staking Course for Crypto Passive Income:
Things to look for on Brand new Tokens on Poocoin.app APE Tool:
Ethereum Gas Explained:
How compass mining works
Specific Coins & Tokens Explained
What is bitcoin?
SiaCoin and other storage providers explained:
Storj – interview with founder (the Uber of storage):
Solana (SOL): 5 Things You NEED TO KNOW:
Great YouTube Channels to Follow for Reliable Crypto Education
How to know if a token has a gas fee?
On poocoin.app, click on Trade, then choose how much BNB you’d like to use to buy a token, and then click swap. Before you approve the transaction in MetaMask, you will notice that the slippage will automatically be adjusted in Poocoin (if you’ve set slippage to auto). That’s how much tax it costs. Sometimes buying and selling taxes are different.
How to find out how many wallets hold a token?
If the token is on the binance smart chain, then go to BSCscan.com you can see it under the Holders section when you select which coin you want to look at.
How to prevent a scam? (these are just some ways)