HODL in cryptocurrency or as a typo becomes a trend

Hodl what is it?

Visiting specialized sites, as well as pages on social networks, in particular Twitter or Telegram, each of us could notice the word HOLD instead of what seemed to be correct and familiar at first glance, HODL. This is not a typo, not a mistake, but a modern trend.

The concept is not as new as it may seem at first glance. It has been used since 2013. The first post with such a slang expression appeared on the bitcointalk resource. The post GameKyuubi began with "I AM HODLING". Initially, the public did not quite appreciate the textual opening of the soul, but over time, she began to use such an expression herself.

What is hodl? - This is the expectation of the sale of the crypt before the best rate. At the same time, they have already managed to come up with such an amusing decoding of the term: Hold on for dear life - “hold on with your last strength”

Slang of cryptocurrency traders

I can honestly say that in their activities, the cryptophone attracts me not only with the opportunity to invest money, but also enjoy such interesting expressions. The dictionary of such statements is regularly updated, and some new ones make my day straight.

Bagholde

The man who left the bag. In fact, in financial slang, this is a trader who is full of coins and expects the peak of her course. As a result, he either wins steeply or loses the invested capital.

FOMO

The literal translation of “Fear of missing opportunity” is the fear of missing an opportunity. This is a typical mistake of many newbies, as well as greedy investors who literally want to sell or buy coins in agony today, because tomorrow everything will be much worse.

FUD

Three words Fear Uncertainty, Doubt, which in translation mean fear, uncertainty and doubt dictate the exchange rate of the coin. For example, in the case of monero, the indication of anonymity of transactions greatly influenced the starting growth of the indicator on the exchange.

The constant transformation of the crypto-market, the introduction of new technologies dictates the formation of a new professional slang. The presented dictionary, I hope, will help you to understand the words that you heard so long ago and wanted to know their meaning.

And some phenomena have already become a reason for writing individual materials - “Dump and Pump cryptocurrency: not all that glitters gold” expects you and your comments on my blog. And besides this would be cool if my readers added words that did not hit the web page with this dictionary. Let's expand the lexical outlook together.