#CRYPTOCURRENCY TRADING TERMS AND MEANINGsteemCreated with Sketch.

in cryptocurncy •  7 years ago 

1. Altcoins: Alternate cryptocurrency that is any cryptocurrency other than bitcoin

2. ASHDRAKED: A situation where you lost all your money.

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

4. Bear/Bearish = Negative price movement

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

6. Bull/Bullish= Positive price movement

7. DILDO = Long green or red candles

8. Dump = To Sell off a coin

9. Dumping: Downward price movement

10. DYOR = Do Your Own Research

11. FA = Fundamental Analysis

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

13. FUD = Fear Uncertainty & Doubt

14. HODL = Hold/Hold a position

15. JOMO = Joy of Missing Out

16. Long: Margin bull position

17. MCAP = Market Capitalization

18. Moon = Continuous upward movement of price

18. OTC = Over the Counter

19. Pump: Upward price movement

20. Saj candle Huge green candle

*21. Shitcoin = A coin with no potential value or use

22. Short = Margin bear position

23.Swing = Zig zag price movement
(Upwards and downwards)

24. TA: Technical Analysis

25. REKT: When you have a bad loss

26. Reverse Indicator: Someone who is always wrong predicting price movements.

27. RSI = Relative Strength Index

28. Whale = Very Wealthy trader/Market mover.

29. ICO: Initial coin offering otherwise knows as IPO

30. Weak Hand = a coin holder prone to selling at the first sign of a deep in price.

*31. Fiat = Paper currencies like the Naira, dollar, euro, yen etc

                                                                                       SOURCE

                                                                                @JOHNSTAM[PA(25)

                                                                            I  HOPE IS HELPFUL TO YOU GUYS
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@cheetah(72)

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