" It’s not timing the market. It’s time in the market. "
A Centralized EXchange is a regulated crypto trading platform {Binance, Coinbase} that manages users' assets, and orders with high liquidity and fast transactions.
A Dentralized EXchange is a crypto trading platform {Uniswap, PancakeSwap} runs on smart contracts, letting users trade directly with low liquidity and without a central authority.
A tool to store and manage your cryptocurrency keys. Hot wallets are internet-connected, Cold wallets are offline, Software wallets run on apps, Hardware wallets are physical devices.
A public key is a shareable string or QR code of a cryptographic address like a bank account number used to receive crypto.
A private key is a secret string like an online banking password or an ATM PIN, that gives you control and full access to your crypto.
A seed phrase {recovery phrase} that must be kept in secret is a set of 12 or 24 random words that back up your crypto wallet.
Satoshis are the smallest unit of Bitcoin used in everyday payments {1 BTC = 100,000,000 Satoshis}, named after Satoshi Nakamoto, the anonymous creator of Bitcoin.
Altcoins, aka "Alternative coins" are all cryptocurrencies {Smart Contract Coins, Stablecoins, Meme Coins, Privacy Coins, Utility Tokens, etc.,} except other than Bitcoin.
Do Your Own Research to verify facts before making decisions, especially in crypto investing.
An obsessive urge to constantly learn about and stay updated on all things crypto.
If You Know, You Know about things only insiders or those "in the loop" will understand.
Fear, Uncertainty, and Doubt spread to influence perception, often used to manipulate markets.
Pump and dump schemes are prevalent in crypto and classic traps where prices are artificially inflated through hype and FUD, then dumped for profit, leaving latecomers with losses. Without CRYPTOSIS and if you don’t DYOR, you’re an easy target. It’s the kind of game where only the early insiders win, IYKYK.
Rug pulls are deceptive crypto scams where developers suddenly withdraw all liquidity, leaving investors with worthless tokens. They often create hype, spread FUD about competitors, and play on emotions to lure people in. Even CRYPTOSIS and the habit of DYOR may put you through brutal lesson many learn too late... IYKYK.
Every scammer hijacks popular crypto phrases like We’re Gonna Make It, We’re All Gonna Make It, and We’re All Gonna Be Okay to build fake community to boost false confidence. They use these optimistic slogans to manipulate emotions and create a sense of trust through narratives by convincing people to Buy The Dip to chase illusions. Stay cautious, no matter how strong the hype. Shilling is an act of promoting a specific crypto asset aggressively, often for personal gain with biased hype, without disclosing their vested interest to persuade others to buy misleadingly. While diamond hands are praised for holding through volatility, paper hands are mocked for selling early. But these labels are often used to pressure investors emotionally to glorify risky positions and shame those who take profits or cut losses, leading people to stay in bad trades and investments. Bagholder is someone still holding a coin or token after its value has crashed, often due to hype, Fear Of Missing Out, or ignoring red flags to be left with worthless bag while others have already exited. A degen, degenerate player with high-risk assets choosing to Hold On for Dear Life with a long-term investment strategy, no matter what, can easily end up in a bad spot and riding losses deep into the red, All in the name of loyalty or a reckless hope that turns into regret for life. REKT is a "wrecked" while suffered a massive losses in all kinds of scheme in crypto trade and investments. "Wen Lambo?" – Joke about getting rich quick.
There have been a lot of scams and many have endured losses in the crypto space. Do not blame yourself for greediness, but for emotional decisions.
The goal isn't to gamble, but it's to build a wealth adapted to risk tolerance. Do not agonize yourself, that may not lead you to learn from your past positions.
In the ever-volatile world, it’s not timing the market, but dependable, informed investing builds discipline, and steadiness, those are the true edge.