Cryptocurrency Terms and Their Meanings That Everyone Should Know

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Cryptocurrency Terms

This is perfect for beginners.

Way back my early years in this industry, there’s one thing that I’ve always hoped for someone who is kind enough to tell me all the terms used in this industry. And now, I’m glad someone finally did it.

Below you will find all the terms and their meanings.

Beginners in crypto trading mostly find crypto language confusing,below is a breakdown of some terms:

ALTCOIN = Any crypto currency other than bitcoin.

ASHDRAKED = A situation where you lost all your money.

BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.

BEAR/BEARISH = Negative price movement

BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)

BULL/BULLISH = Positive price movement

DILDO = Long green or red candles

DUMP = To Sell off a coin

DUMPING = Downward price movement

DYOR = Do Your Own Research

FA = Fundamental Analysis

FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it’s gonna pump more, so you buy high)

FUD = Fear Uncertainty & Doubt

HODL = Hold/Hold a position

JOMO = Joy Of Missing Out

LONG = Margin bull position

MCAP = Market Capitalization

MOON = Continuous upward movement of price

OTC = Over The Counter

PUMP = Upward price movement

SAJ CANDLE = Huge green candle

SHITCOIN = A coin with no potential value or use

SHORT = Margin bear position

SWING = Zig zag price movement (Upwards and downwards)

TA = Technical Analysis

REKT = When you have a bad loss

REVERSE INDICATOR = Someone who is always wrong predicting price movements.

RSI = Relative Strength Index

WHALE = Very Wealthy trader/Market mover

If you know more you can add below.

via Jackobian

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