Cryptocurrency trading for beginners
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Volatility<br />
"The measurement of price movements over time <strong>for</strong> a traded financial<br />
asset."<br />
Phrased:<br />
Sandy: "Bob, I just bought ethereum <strong>for</strong> 370$ on GDAX, and now it's worth<br />
10$"<br />
Wallet<br />
A digital or physical address in which cryptocurrency can be<br />
stored/sent/received. Accessible through a private key.<br />
Ex: Myetherwallet, trezor, Ledger nano<br />
Whale<br />
Someone who possesses a Majority percentage of a cryptocurrency.<br />
Referred to as a Whale.<br />
Ex: The Winklevoss twins<br />
Whitepaper<br />
A documentation describing a crypto currencies protocol in detail<br />
Ex: Satoshi Nakamoto Bitcoin Whitepaper<br />
Phrased:<br />
Bob: "Sandy did you see the whitepaper <strong>for</strong> Bitconnect?"<br />
Sandy: It doesn't look like they have a whitepaper Bob."<br />
Bob: "Sandy you turd! Bitconnect is a scam. Always make sure to read the<br />
whitepaper be<strong>for</strong>e you invest in a cryptocurrency."
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