Common Cryptocurrency terms for beginners

in #help7 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.

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