FAQ
Start with five: blockchain (the technology), crypto wallet (where your coins live), seed phrase (your master backup — never share it), stablecoin (crypto without the volatility), and KYC (the one-time identity check at regulated providers). Understand those and you can safely make your first purchase.
Crypto slang you’ll see constantly: DYOR means "do your own research" — verify claims before investing. FOMO is "fear of missing out," the emotion behind buying into a hype spike (usually badly timed). A whale is someone holding enough crypto that their trades can move the market.
A coin (like Bitcoin or Ether) is the native currency of its own blockchain. A token is built on top of an existing blockchain — most run on Ethereum — and usually serves a specific purpose within a project rather than functioning as general money.
A bull market is a sustained period of rising prices and optimism; a bear market is the opposite — falling prices and pessimism. The terms come from how each animal attacks: a bull thrusts upward, a bear swipes down.