Intro:
Ever felt lost in a crypto conversation, surrounded by strange terms that sound like a secret handshake? You’re not alone. The world of crypto is famous for its exclusionary language—buzzwords, acronyms, and slang that can make newcomers feel like outsiders. But don’t let the jargon keep you out. Here are three of the most common crypto terms, demystified in plain English.
1. HODL
Originally a typo for “hold,” HODL has become a rallying cry for crypto believers. It means holding onto your coins through ups and downs, ignoring price swings and resisting the urge to sell. HODLers see themselves as long-term visionaries—not short-term traders.
2. DeFi
Short for “decentralised Finance,” DeFi is an entire ecosystem of apps and platforms built on blockchains, where you can borrow, lend, earn interest, and trade—without banks or middlemen. It’s open, borderless, and running 24/7, but it’s also a fast-changing space with its own risks.
3. Whale
A “whale” is anyone with enough crypto to move markets—think big investors, funds, or even early adopters who struck it rich. Whales’ trades are watched closely because they can cause sudden price surges or crashes.
Outro:
Don’t let crypto buzzwords intimidate you! Ready to speak the language and unlock the real potential behind the hype? Discover more with the Crypto Masterclass courses.