This is a guide for all things crypto slangs. We understand that you may get confused when reading some online thread on bitcointalk or any other crypto websites, mainly because you have stumbled upon words such as HODL and may be thinking to yourself “did they mispelled that?”
the answer is no, they didn’t. that’s actually a word in the crypto lingo It can be very difficult for new investors to navigate the volatile waters of the cryptocurrency market. To have any chance at success you must begin to understand the slang terminology that has developed in the back corners of Reddit, Telegram and other social medias. I have compiled a list of popular crypto-terms that you might have come across in person or online. Hopefully, these definitions will provide a little more clarity to an industry that is not clear at all.
Cryptocurrency Words To Know
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Pump & Dump Investors would “Pump” till the price hits a peak that they are satisfied with then they’ll “Dump” the asset they collected which will cause the price to drop significantly
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HODL This actually means — Hold On for Dear Life. It basically means a crypto trader who buys a coin and doesn not see himself selling in the foreseeable future is called a hodler of the coin.
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FOMO Fear Of Missing Out. The irrational feeling you get when you see a HUGE GREEN DILDO on a chart and you don’t own that coin, so you sell your other stuff just to buy that.
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FUD Fear, Uncertainty and Doubt — It’s basically like a curse word. Used in a sentence: “JP Morgan’s Dimon spread FUD by saying Bitcoin is a fraud that will eventually blow up in everyone’s faces”
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The Flippening Think of it as the Reckoning. It’s a crypto term that means some other crypto currency will take the number 1 spot and replace bitcoin.
We at GAMO Protocol thought that this might help you in deciphering some of the lingos used within the cryptocurrency community. All that we know, when you start using our platform to launch your own DAICO, people might just call it the next flippening! and everyone might just HODL onto your tokens.
Learn more about us by clicking the link below: http://gamo.io/
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