When I first dipped my toes into the universe of cryptocurrencies, I could barely understand a word of what the crypto folks were talking about on Reddit, Medium and the various other forums. It was like a whole new different language, and I'm not even referring to the technical terms found in most of the whitepapers. Given how much price is largely driven by market sentiment in the crypto universe, it pays to understand what's happening on the ground, so today's guide is largely targeted for the newbies who need a little help understanding the slang flying around on Facebook when folks discuss about cryptocurrencies. Fiat Government-issued currency, or basically cash. Eg. You need to convert your fiat into bitcoin before you can buy alts. Altcoin / Alts Refers to all other coins that are not Bitcoin. Eg. People congratulate me when Bitcoin makes a bull run, but they don't ......