Crypto Humor Project

Pop art meets finance education: Learn blockchain & cryptocurrencies through memes!
Not financial advice, do your own research.

[Crypto Humor Project @humor_crypto]

Leverage trading allows traders to buy or sell cryptocurrencies using borrowed capital, as a means to magnify their profits. Leverage trading is one of the riskiest investment types and is not advised for long-term crypto investors. #investing #crypto

[Crypto Humor Project @humor_crypto]

The fear of missing out, or FOMO, is prevalent in today's society. People feel like they are missing out on something and thus always need to be on the move or doing something. FOMO can lead to people making wrong financial decisions.
#cryptocurrencies #FOMO #investing

[Crypto Humor Project @humor_crypto]

Cryptocurrency prices fluctuate significantly, possibly resulting in bitter losses for investors. Such bitter losses are blessed reminders to investors not to overinvest in cryptocurrencies and take profits over time.
#cryptocurrency #investing

[Crypto Humor Project @humor_crypto]

Blockchain technology stores data in blocks, enabling decentralized applications in the digital age. Any kind of data can be stored on a blockchain: transactions, contracts, social media posts, personal information, and even real estate titles.
#blockchain #technology #data

[Crypto Humor Project @humor_crypto]

ICOs (initial coin offerings), IEOs (initial exchange offerings), and IDOs (initial decentralized exchange offerings) provide great opportunities to have huge financial returns, sometimes up to 100x returns, on new coins.
#altcoins #cryptocurrencies #ico #ieo #ido #investing

[Crypto Humor Project @humor_crypto]

Crypto off-ramp is the conversion of cryptocurrencies (such as Bitcoin) into fiat currencies (such as US Dollar and Euro). Due to strict control by governments over crypto exchanges through KYC (know your customer), finding a crypto off-ramp can sometimes be a challenge.
#offram

[Crypto Humor Project @humor_crypto]

Different blockchain networks are competing with one another, to become the de facto standard global blockchain, to host a global digital currency approved by IMF and Central Banks. The crypto coin of that blockchain will gain the most value compared to others.
#blockchain #glob

[Crypto Humor Project @humor_crypto]

Cold wallets are cryptocurrency wallets that are disconnected from the Internet except at times usage. Cold wallets are considered as being much more secure than hot wallet, which is connected to the Internet.
#coldwallet #cryptocurrencies #security #investing

[Crypto Humor Project @humor_crypto]

A cryptocurrency airdrop is giveaways, where new cryptocurrency coins are distributed usually for reasons of marketing or user growth. Users receive free coins to their wallets, which they can then sell on an exchange or hold. #altcoins #cryptocurrencies #airdrop #free #gift

[Crypto Humor Project @humor_crypto]

FOMO is the fear of missing out on an opportunity that people are excited about and believe is rare.
#altcoins #cryptocurrencies #FOMO #fearofmissingout #investing

[Crypto Humor Project @humor_crypto]

There are many reasons why one might want to HODL (hold on) to her/his cryptocurrency investments: price increase over long term since birth of cryptocurrencies, investment with best return most years, and blockchain (the technology behind digital currency).
#hodl #investing

[Crypto Humor Project @humor_crypto]

HODL (hold) comes from the word “hold” and is used to indicate that one should hold on to their cryptocurrency rather than selling it. An investor should focus on the crypto investments with best returns, rather than investing into everything s/he likes
#hodl #investing

[Crypto Humor Project @humor_crypto]

Bitcoin has gone from an obscure project in 2009 to a trillion US dollar asset in 2021. Bitcoin brought financial freedom to many people around the world, especially to those who held on to it ("hodl"), over this period.
#bitcoin #financialfreedom #cryptocurrencies #investing

[Crypto Humor Project @humor_crypto]

Since the birth of Bitcoin in 2009, Bitcoin and Ethereum have been the top two projects with consistent return on the investment. (Source: https://t.co/N377at359V).
#altcoins #cryptocurrencies #bitcoin #ethereum #investing #returnoninvestment

[Crypto Humor Project @humor_crypto]

Various types of wallets can be used to store cryptocurrencies: (a)Software wallet vs. hardware wallet, depending on where the private key is stored; (b)Cold wallets vs. hot wallets, depending on connectivity to Internet.
#altcoins #cryptocurrencies #bitcoin #ethereum #investing

[Crypto Humor Project @humor_crypto]

As the user base of cryptocurrencies continues to grow, so does the number of people who want to share their thoughts about them online. Social media has played a crucial role in spreading information about cryptocurrencies, both good and bad news.
#cryptocurrency #new

[Crypto Humor Project @humor_crypto]

Diversification into multiple assets is the key to a robust investment. One should have a diversified portfolio with diverse types of assets that can balance risks and returns.
#altcoins #cryptocurrencies #bitcoin #ethereum #investing

[Crypto Humor Project @humor_crypto]

A cold wallet is an offline storage device for cryptocurrency, which provides protection against hackers, except times of usage. Crypto stored on exchanges (such as Binance) are under continuous risk of being hacked.
#security #cryptocurrencies #ethereum #coldwallet #exchange

[Crypto Humor Project @humor_crypto]

In the previous cycles of Bitcoin, it has been observed that coin prices may go considerably low, before another bull market (bull run) begins, where prices increase again.
#altcoins #cryptocurrencies #bearmarket #bullmarket #investing

[Crypto Humor Project @humor_crypto]

It is a sound security tip that not an investor should keep her/his investment stored in different wallets and even wallet types. For example, storing in both cold hardware wallet and in different exchanges.
#security #cryptocurrencies #wallet #storage #investing