I believe there are many people here, mostly new who do not understand the words or slangs we people are using in the crypto world. So here I am making a small list of them. I hope it helps and of course do let me know other terms I might've missed so they can be added! Have a great day guys! Future is bright!
A
Airdrop: token distribution by new crypto developers usually in an exchange often for free in order to popularise their coins
Altcoin: Any other alternative coin, basically anything except for bitcoin
ATH: All Time High
B
Bear: basically a pesimist who thinks the market is going to decline
Bull: basically a optimist who thinks the market is going to rise
C
Cryptoland: referring to the crypto ecosystem
Cryptosis: also known as OCD (Obsessive cryptodisorder). Non threatening disease caused by the crypto hype.
D
DYOR: Do you Your Own Research
E
Exitscam: when the founders of a cryptocurrency run away with the investors money after an ICO.
Elon Musk: a complete freaking degen!
F
Fiat: Currency established by the governments, Eg. Euro, USD
Flippening: A possible event in the future if Ethereum overtakes Bitcoin
FOMO: Fear of Missing Out
FUD: Fear, Uncertainty, Doubt
Freaking Legend: Anyone interested in crypto
G
Gas: transaction fee
H
HODL: hold on to dear life, basically hold on to your coins
L
Lambo: you may read "when lambo" this means they are asking when the persons coin will rise and they will earn profit to buy a Lamborghini.
M
Mooning: when a crypto currency's value increases rapidly, you may hear words regarding the moon
N
Nocoiner: an idiot who does not own any coins
P
Pump & Dump: planned profit scheme to cause massive inflation in the market, just to receive an preplanned sudden crash.
R
Rekt: wrecked, when you lose money
S
Shill: dumbass promoting and hyping shitcoins for their own benefits
Shitcoin: hyped up coins which are bad investments, basically a shit coin
V
Vaporware: hyped up coins that never became a reality
W
Whale: investor who owns large amount of a coin, when they will make moves in the market then you will definitely feel it
No comments:
Post a Comment