Hi Everyone,
I have been to the concurrency world for a some time now and I am amazed of everything that I have learned. In this article I want to summarize a few of the most popular Terms you will encounter in a CryptoGroup.
So lets get started:
Bloodbath: That means that the market is taking a dive, everything is in the red, everyone is selling their coins to avoid losing money but they end up loosing
Bull-ish: The certain coin will rise up based on its analysis behavior
Bear-ish: The certain coin will loose value based on its analysis behavior
Short-Long: This is kinda self- explanatory, short means short term increase, long means for the long term
Whale: A huge player who has a ton of money and will buy huge quantities of coins
Pump: A term that has become very popular these days, pump means that a certain group of people buy a certain coin in order to increase its price
Dump: People are selling the coin with profits
Pump and Dump (PnD) : Certain group of people buy a certain coin in to order to increase its vale and than they sell it (within minutes) with tremendous profits
HODL: Hold , don't sell or Hold on for dear life
Please comment any other terms that you may heard so I can add them
Great list so far. Have you checked out the Dictionary on Investopedia? Over 1200 terms...a lot of them apply to any kind of investing. Pretty cool! http://www.investopedia.com/dictionary/
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True they do but I wanted to relate it to what I read everyday in Facebook groups.
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HODL: Hold , don't sell
HODL: Hold on for dear life
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