Common Cryptocurrency terms for beginners

in help •  7 years ago 

Once you become a cryptocurrency day trader , you should know about the acronyms while conversing with another cryptocurrency trader.

  1. HODL : Hold on for dear life

  2. ALTCOIN : Any cryptocurrency other than bitcoin

  3. FOMO : Fear of missingout

  4. WHALE : A trader with a fat acoount

  5. ADDY : Refers to the public address

  6. FUD : Fear,uncrtainity and doubt

  7. TO THE MOON : Coin rising and gaining momentum

  8. DUMP : Selling a coin

  9. PUMP : Increase in price of coin

  10. SWING : Upward and downward movement of the price of cryptocurrency

  11. FA : Fundamental Analysis

  12. DYOR : Do your own research

  13. MCAP : Market capatilization

  14. OTC : Over the counter

  15. SHITCOIN : A coin with very less value in the upcoming future

  16. BTFD : Buy at the fucking dip

  17. JOMO : Joy of missing out

  18. TA : Technical analysis

  19. Reverse Indicator : A person predicting wrong price movement for a coin

  20. DILDO : Wrong green or Red candles

Please don't forget to upvot and follow for more revelant information regarding cryptocurrency.

Comment below if I missed any other acronym.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hey thanks for your great post dear
I am following you now
I want to share something special may be that help you

TOP 3 CRYPTO ANALYST WITH SUCCESS RATE

@salahuddin2004 with success rate 100

@lorfdfruth with success rate 95

@cryptogean with success rate 92