Course Content
12 Terms Every Crypto Trader Should Know
I'm too lazy to read, what's the TL;DR? Fear, Uncertainty, and Doubt (FUD): Spreading of fear and misinformation to gain an advantage. Fear Of Missing Out (FOMO): The emotion you feel when you panic buy. HODL: Buy and hold on to it for a long time! BUIDL: Keep your head down and build the next financial system. SAFU: Funds are safe! Return on Investment (ROI): How much money you are making (or losing). All-Time High (ATH): The highest price ever recorded! All-Time Low (ATL): The lowest price ever recorded. Do Your Own Research (DYOR): Don't trust, verify. Due Diligence (DD): Smart people make decisions based on facts. Anti Money Laundering (AML): Regulations that prevent criminals from hiding their money. Know Your Customer (KYC): Regulations that make exchanges verify your identity.
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12 Terms Every Crypto Trader Should Know
About Lesson
BUIDL is a derivative term of HODL. It usually describes participants of the cryptocurrency industry who continue to build regardless of price fluctuations. The main idea is that true believers of the crypto industry keep building the ecosystem regardless of brutal bear markets. In this sense, “BUIDLers” genuinely care about what blockchain and cryptocurrencies can bring to the world, and they are actively working towards this goal.
BUIDL is a mindset that aims to exemplify how cryptocurrencies aren’t just about speculation, but about bringing this technology to the masses. It acts as a reminder to keep our heads down and keep building the infrastructure that may very well serve billions of people in the future. In addition, BUIDLers understand that the teams that keep building with a long-term mindset will likely do well over the long-run.
Exercise Files
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