List of slangs used in crypto world. đ
HODL: A misspelling of "hold," it's used to encourage holding onto your cryptocurrency rather than selling it.
FOMO: Fear of Missing Out, referring to the anxiety that one might miss out on potential profits. đł
FUD: Fear, Uncertainty, and Doubt. It's used to describe negative or misleading information spread to create fear and panic in the market.
Altcoin: Any cryptocurrency other than Bitcoin.
ICO: Initial Coin Offering, a way to raise funds for a new cryptocurrency project.
ATH: All-Time High, the highest price ever reached by a cryptocurrency. đ
Bear Market: A market characterized by declining prices. đ»
Bull Market: A market characterized by rising prices. đ
Whale: An individual or entity that holds a large amount of cryptocurrency. đ
Bagholder: Someone who is holding a significant amount of a cryptocurrency that has lost value. đïž
Moon: Refers to a cryptocurrency's price going up significantly. đ
Pump and Dump: A scheme where the price of a cryptocurrency is artificially inflated ("pumped") and then sold off ("dumped") for profit.
REKT: Slang for being heavily and painfully in the red, meaning significant losses.
Shill: To promote a cryptocurrency, often for personal gain.
DYOR: Do Your Own Research, advising others to research before investing.
TA: Technical Analysis, the study of price charts and trading patterns.
FA: Fundamental Analysis, the evaluation of a cryptocurrency's underlying technology and project.
Satoshi: The smallest unit of Bitcoin, named after its pseudonymous creator, Satoshi Nakamoto.
Wallet: A software or hardware tool for storing, sending, and receiving cryptocurrencies.
Lambo: Short for Lamborghini, often used humorously to describe the goal of making enough profit to buy a luxury car. đ
