๐จ๐จ Very necessary terms to know as a beginner in the field of #digital_currencies
Let's get started ๐
๐น DEFI = Decentralized Finance (Decentralized Finance)
๐ฑ LSD = Liquid Staking Derivatives (symbols representing the currencies for which staking is done)
๐ฆ Staking = (lock your coins on a specific network and earn rewards)
โฌ๏ธ ATH = All time High (the highest peak the currency has achieved)
โฌ๏ธ ATL = All time Low (the lowest low achieved by the currency)
๐ TX = Transaction
๐ Bull Market = (bullish market)
๐ป Bear Market = (bear market)
๐ฅ FOMO = Fear of missing out (Fear of missing out)
โ๏ธ DYOR = Do your own research (Do your own research)
๐ณ WHALE = (whale)
๐ REKT = Wrecked (meaning you were scammed or lost a big deal)
๐ช HODL = Hold (Hold on to your currency)
๐ LFG = Let's Fu*king Go (used to give enthusiasm and excitement about a currency or project)
๐จ FUD = (Fear and doubt about a project or currency and spreading bad news about it)
๐ Diamond Hands = (Diamond Hands do not sell the currency until after a long period)
๐งปPaper Hands = (Paper hands only hold the currency for a very short period of time)
@bitcoin
