Sunday, October 3, 2021

Crypto terms & slang dictionary

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


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