Everything You Wanted To Know About Crypto But Were Too Embarrassed To Ask, HODL, FOMO & FUD Explained

in #bitcoin6 years ago

CRYPTOCURRENCY SLANG: WHAT DOES HODL, FOMO OR FUD MEAN?

HODL.
A misspelling of ‘hold’ that stuck around to mean ‘keep’. A crypto trader who buys a coin and does not plan on selling in the foreseeable future is called a hodler of the coin.

FOMO.
Short form for ‘fear of missing out’. The feeling when you see a huge green percentage growth on a chart and you don’t own that coin, so you sell other shit to buy into it freaking out. As crypto trading is still very much driven by emotions rather than valuation, FOMO is a huge factor to consider when swing trading in crypto.

FUD.
Short form for ‘fear, uncertainty and doubt’. Usually used in the form of “xxx spreading FUD again.”

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.028
BTC 63283.09
ETH 2463.49
USDT 1.00
SBD 2.54