If you are new to crypto here are cryptocurrency abbreviations and words, phrases and slang broken down into easy-to-understand definitions. ADDRESS - A secure identifier marked by a unique string of characters that enables payments to an individual or entity via blockchain transactions. It usually requires a private key to exclusively access the funds. For example, Bitcoin addresses are alphanumeric strings that begin with a 1 or 3; Ethereum addresses begin with '0x' . ALTCOIN - A cryptocurrency or a category of cryptocurrencies that are an alternative to bitcoin. Many altcoins project themselves are better alternatives to bitcoin in various ways like more efficient, less expensive, etc. BEAR/BEARISH - Term used to denote that the market is going down. BULL/BULLISH - Term used to denote that the market is heading up. BEAR TRAP – This is a manipulation of a stock or commodity by investors. Traders who “set” the bear trap do so by selling stock un
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