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Cold Storage

Cold storage is an offline wallet provided for storing cryptocurrencies. With cold storage, the digital wallet is stored on a platform that is not connected to the internet, thereby, protecting the wallet from unauthorised access, cyber hacks, and other vulnerabilities that a system connected to the internet is susceptible to.

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Buy/Sell Tax

A buy/sell tax is a fee imposed on cryptocurrency transactions, where a predetermined percentage of the transaction amount is deducted and transferred to a specific wallet address or purpose. This tax is applied whenever a user buys or sells a cryptocurrency.

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Buy-and-hold strategy

The buy-and-hold strategy is a long-term investment approach where an investor purchases an asset and retains it with the expectation that its value will appreciate over time. This strategy is based on the belief that, despite short-term market fluctuations, assets such as stocks, cryptocurrencies, or real estate tend to grow in value over the long run.

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