Cryptocurrency Trading Terms and Their Meaning

redfishelp (56)in #token • 7 years ago

Cryptocurrency Trading Terms and Their Meaning

Altcoin = Any crypto currency other than bitcoin.
Ashdraked = A situation where you lost all your money.
Bagholder = A person who buys and hold coins in large quantity hoping to make good profits in the future.
Bear/Bearish = Negative price movement
BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)
Bull/Bullish = Positive price movement
Dildo = Long green or red candles
Dump = To Sell off a coin
Dumping = Downward price movement
DYOR = Do Your Own Research
FA = Fundamental Analysis
FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)
FUD = Fear Uncertainty & Doubt
HODL = Hold/Hold a position
JOMO = Joy Of Missing Out
**Longv = Margin bull position
MACD = Moving Average Convergence Divergence
MCAP = Market Capitalization
Moon = Continuous upward movement of price
OTC = Over The Counter
Pump = Upward price movement
Shitcoin = A coin with no potential value or use
Short = Margin bear position
Swing = Zig zag price movement (Upwards and downwards)
TA = Technical Analysis
TSI = True Strength Index
Rekt = When you have a bad loss
Reverse Indicator = Someone who is always wrong predicting price movements.
RSI = Relative Strength Index
Whale = Very Wealthy trader/Market mover