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When Lambo?

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When Lambo?

When Lambo? is definitely a nice question to ask the one who’s investing in crypto. This phrase came up after the Consensus Investment Conference which was held in New York in November 2018 when BitMEX exchange rented 3 Lamborghinis and parked them outside the event venue to show the presence of successful cryptocurrency investors.

Related Words

Wallet

Wallet is a place where you store your assets. It’s worth mentioning that there are different types of wallets — “hot” are online, your holdings are easily accessible once you have the internet connection. “Cold” wallets store crypto offline, giving them extra security and protection from bad actors, but they are a bit difficult to trade.

Whale

Whale is a term referred to investors and trading firms with large amounts of Bitcoin and other cryptocurrencies. Whales are extremely influential among crypto day traders for their ability to impact the prices with single trades.

White Paper

A white paper is a comprehensive document typically published by the creators of a crypto or blockchain project, outlining the project's technical details, objectives, technology, and often its underlying economics, serving as an informational and marketing tool for potential investors and participants in the project.