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Crypto Slang Terms: Become A Degen And Join Us

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Crypto Slang Terms: Become A Degen And Join Us

This post is mainly focused to newcomers that are still getting familiarized with crypto terms. When I first got into crypto it was interesting to learn the different terms that people uses but because English is not my main language it cost me more. That is why I have decided to group in this post some of the ones I know.

Crypto Slang Terms

  • Ape Ape or apeing: when someone buys a token or NFT just after it is launched without a DYOR.
  • Bagholder or hodler: A person who holds an assets in a time even if it the price goes down.
  • Maximalist or maxi: Person that believes that a coin is the only crypto with value and worth supporting.
  • BTD or "buy the dip": Used to encourage buying an asset at a low market price.
  • Cryptojacking or cryptomining: A type of hacking that mines crypto in other people's computers without knowing.
  • Cryptosis: Someone that doesn't stop talking about crypto and all the information they have about it.
  • Diamond Hands: Heroes that hodl their coins through the worst moments. Good.
  • Paper Hands: Cowards that sell their coins at the first time of trouble. Bad.
  • DYOR or "do your own research": Like it says, learn about a project before investing into it.
  • Flippening: Refers to ETH overtaking BTC ast the leader in terms of total market capitalization.
  • Flappening: Refers to LTC surpassing BCH in market capitalization.
  • FOMO or "fear of missing out": It refers to the fear that investors feel because of they may be missing out a pump.
  • FUD or "fear, uncertainty, and doubt": Classic government technique to manipulate people to create a negative perception of something.
  • HODL or "hold on for dear life": Refers to not sell a bought coin in the foreseeable future.
  • IYKYK or "if you know, you know": Used to tell that only a few will know about some topic.
  • LFG or "let's f***ing go!": Excitement! Something like LEEEEROOY... JENKINS!
  • Moon or mooning: Big green dildos in a market trend going up.
  • NGMI or "not gonna make it": Used for future predictions that will go wrong like selling the bottom even if all market indications says that a coin value is in a up trend
  • WAGMI or "we're all gonna make it": Opposite of NGMI and used to give positive vibes and confidence.
  • No-coiner: Someone that thinks crypto is going to fail and owns no coins.
  • Normie: People that has a traditional way of thinking and no knowledge of crypto.
  • Pump and Dump: Prices going up and then down. Commonly seeing in scams.
  • Rekt: When someone experience financial loss because of bad trades or investments.
  • Rug or Rug Pull: When a development team runs away with all the money.
  • Shill: Promote a cryptocurrency to make others buy.
  • Vaporware: A project that is still a concept and does not yet have a working product but it is promoted.
  • Whale: Someone that owns a huge amounts of a coin and can move the market price.
  • When Lambo? or "Wen Lambo": Equivalent to Wen Moon or when rich.
  • Farm or farming: Refering to Moon farmers that shitpost to earn upvotes and consequently MOONs.
  • Whole Coiner: Referring to owning one Bitcoin.
  • Bitcoin halving: Refers to an event when the amount of Bitcoins miners receive in exchange for processing transactions is cut in half, occurring once every four years. We rich.
  • DCA or Dollar Cost Averaging: Refers to systematically investing equal amounts of money at regular intervals, regardless of the price of a coin.
  • Copium and hopium: Refers to the irrational hope for prices to go up (or down).
  • ATH or "all-time high": It iss the highest price or market capitalization of a coin.
  • Moonboy: A crypto enthusiast who thinks the price of a particular coin is "going to the moon".

What?

I hope you enjoyed the post and also learned new terms.

Edit: I am adding more terms that people in the comments are saying. Thanks for the input!

Happy St. Patrick's Day ☘️ and be safu!

submitted by /u/kirtash93
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