| 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 βοΈ and be safu! submitted by /u/kirtash93 [link] [comments] |
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