Crypto currency Termonology
OUR CRYPTOCURRENCY TERMS DICTIONARY:
USEFUL TERMS-:
#ALTS: All coins other than BTC.
#ATH: All time high.
#ATL: All time low.
#BAG: Indicating that you hold a large quantity of a coin.
#HODL: Hold on to dear life. (Indicating not to panic sell)
#BTFD: Buy the f*ing dip.
#BTD: Buy the dip.
#BEARISH: Negative price movements.
#BULLISH: Positive price movements.
#DYOR: Do your own research.
#DUMP: A coin which falls exponentially in price in short time frame.
#RUGPULL: When the developer takes out all the liquidity in their coin and runs away with the money. (Also known as a scam)
#FA: Fundamental Analysis. Analysis which is based on news and market surroundings.
#TA: Technical Analysis, Analaysis based on graphs. EMA, MACD, SUPPORT, RESISTANCE.
#FOMO: Fear of missing out.
#FUD: Fear, Uncertainty and Doubt.
#MCAP: Market Cap of a coin. The total amount of money invested into that coin.
#SHITCOIN: A coin with no purpose or utility.
#REKT: When you have lost more than 50% of your investment.
#WHALE: Someone with more than 100 BTC. Huge investors.
#SHILLING: Doing secretive marketing of a coin in different groups.
#HYPE: A coin which is being promoted greatly on social media.
#DEFI: Decentralised Finance. E.G Loans.
#DEX: Decentralised Exchanges. E.G Pancakeswap, uniswap.
#CEX: Centralised Exchanges: E.G Binance, kucoin.
#NFT: NON-Fungible Tokens, Also known as digitial art.
#ICO: Initial Coin Offering.
#TP: Take profit.
#IDO: Initial DEX offering.