Glossary

What Does “Moon” Mean? In cryptocurrency culture, “moon” refers to dramatic price increases for a digital asset. When someone says a cryptocurrency is “going to the moon,” they are expressing optimism that its price is rising significantly—or soon will. This term is commonly seen on Crypto Twitter and in other online communities, often accompanied by…

What is a Non-Fungible Token (NFT)? A Non-Fungible Token (NFT) is a unique digital asset stored on a blockchain that represents ownership or proof of authenticity for a specific item or piece of content, such as artwork, music, or in-game assets. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are interchangeable and identical, NFTs are…

What Does NGMI Mean? NGMI stands for “Not Gonna Make It,” a slang term popular in the cryptocurrency community. It’s a dismissive expression used to convey skepticism, doubt, or lack of confidence in an investment, a project, or even someone’s strategy. The phrase has become a hallmark of crypto discourse, signaling a belief that a…

What is a Node? A node is a fundamental component of any blockchain network. It is a computer or server that runs blockchain software, allowing it to validate transactions, store data, and contribute to the network’s overall operation. Nodes play a crucial role in ensuring the security, decentralization, and functionality of a blockchain ecosystem. Role…

What Is Non-Custodial? Non-custodial refers to a service where users maintain full ownership and control over their funds or assets throughout the transaction or service period. These services do not rely on third-party platforms to custody or manage assets. Instead, transactions and processes are executed using trustless smart contracts—self-executing programs that run on blockchain networks.…

What is an Oracle? An oracle in blockchain technology is an external data provider that bridges the gap between blockchains and real-world information. Blockchains are inherently isolated systems, designed for security and immutability, which makes accessing off-chain data a challenge. Oracles solve this by enabling smart contracts to retrieve and process data from outside the…

Understanding Overbought Conditions The term “overbought” describes a situation where the price of a cryptocurrency rises significantly over time, often driven by persistent investor demand but lacking a solid underlying investment rationale. This condition typically leads to a subsequent selling phase as the price realigns with its intrinsic value. Simply put, a cryptocurrency is considered…

Understanding Oversold Conditions “Oversold” refers to a situation where an asset, such as Bitcoin, is trading below its perceived true value. As the opposite of being overbought, oversold conditions suggest that an asset is undervalued and could experience a price rebound. However, determining whether an asset is oversold is inherently subjective, as different analysts rely…

What is Paper Trading? Paper trading, or simulated trading, is the practice of executing trades in a virtual environment that mimics real-world trading without using actual money. This approach allows traders to practice strategies, evaluate market scenarios, and gain experience without financial risk. Paper trading can be done through various apps, software platforms, or even…