Glossary of Terms

A hard cap is the maximum amount of funds a project team plans to raise during an ICO or another token sale. Once this firm threshold is reached, the token sale and the collection of investments stop completely.

Hedging is a way of protecting against an unfavorable change in an asset's price using offsetting trades. In crypto, it is used to reduce the risk of losses on the main position.

Market uncertainty is a state in which there is no clear trend, and price movement looks chaotic and contradictory. In trader slang, such confusing periods are called a WTF situation.

Hamsters is a slang term for inexperienced crypto market participants who make decisions under the influence of emotions and crowd sentiment, buying assets at the peak of the hype and selling them in a panic at the bottom.

A hash is the result of a mathematical function that turns any data into a string of characters of a fixed length. Hashing underpins the security of the blockchain and protects transactions against tampering.