“Bitcoin is great as a form of digital money, but its scripting language is too weak for any kind of serious advanced applications to be built on top.”

Crypto rookies must feel the scenario very familiar: you try to google every hashtag that you don’t understand and finally find the # is a silly inside joke out of nowhere. If you want to be part of the crypto community, you should know those jokes but not everyone of them are silly.

Century-old dictionary Collins just announced the word of 2021 last week. The world has witnessed the rise of blockchain. Obviously not a new technology, blockchain however is often mentioned together with some negative terms such as money laundering, opportunist, scam and fraud. It takes years for more of us to finally understand this very technology is the imminent future. Back to the list of Collins Dictionary, non-fungible token or NFT is the final winner by beating its “peers”: metaverse and crypto. Sadly, GameFi did not make the list but you have a reason to understand what GameFi is. It is heavily interwoven with NFTs and the concept of the Metaverse.

Crypto pundits have warned investors on media coverage that the ongoing bearish markets could linger for quite a long time. Again, it does not mean you cannot earn a profit during this period of time. Investors just need to be more cautious. Here are a few indexes, often called on-chain analysis you should look into before pouring more into crypto during this time.