Cryptocurrency glossary

With a growth of cryptocurrency world, day by day more people are interested in becoming a part of it. As investing or just holding the digital assets is profitable as there are some things connected with it not as easy and nice as it seems to be. That’s why, we want to help both: beginners and experienced users find their way in cryptocurrency terms and slang.

• ALTCOIN – There are other cryptocurrencies aside from Bitcoin. For example Lisk, Dash or ZCash.

 

• ASHDRAKED – When you make a wrong investment and in effect you’re losing all the money
• BAGHOLDER – Someone who is buying new tokens and coins of cryptocurrenies counting on big profit in the long future.
• BEAR/BEARISH – It is a negative price movement, when the price doesn’t act like we expected.

• BTFD – Buy The F****** Dip. Someone can tell you to BTFD, it means that a price decreased a lot and you should buy a lot of tokens or coins. Buy The F****** Dip
• BULL/BULLISH – It is a positive price movement, when the price acts like we would want. Mostly increasing.
• DILDO – When you see long green or red candles on a cryptocurrency market. Candles are telling you about increase or decrease of an exchange price.

• DUMP – When an exchange price is decreasing fast, it’s a call to sell off tokens.
• DUMPING – When a price of cryptocurrency is decreasing fast. 
• DYOR – Do Your Own Research. Well, if someone is asking on groups or forums the same question it could become annoying.  
• FA – Fundamental Analysis
• FOMO – Fear Of Missing Out. It is a term related not only to cryptocurrencies but also in other aspects of life. Probably you may hear it when someone is talking about social media. It’s also an illness of social media ninjas who are afraid of missing something while they were away from a computer or a smartphone. In cryptomarket, FOMO is when an exchange rate is going up and you don’t have an access to the mobile device so you’re scared of missing the increase or decrease of a price.

• FUD - Fear, Uncertainty, Doubt. When someone is spreading negativity as he wants the exchange price or something else went down. Decrease.

• HODL – Hold/Hold a position. When you bought coins and tokens and you hold them for a long period of time.

• JOMO – Joy Of Missing Out. When you missed out the rapid dump of exchange rate but in a moment when you’re noticed, the price is back on track.

• LONG –  Connected with HODL. When you’re investing for a long period of time.

• MCAP – Market Capitalization

• MOON – When a price is going up very fast, to the moon!

• PUMP – When the exchange price is increasing.

• SAJ CANDLE – It is a big green candle.

• SHITCOIN – Coin that hasn’t got any value, made without a reason.

• SHORT – Buying cryptocurrency on the low and selling on high in the short period of time.

• SWING – Zig zag price movement. When a price is going up and down in a short period of time.

• TA – Technical Analysis

• REKT – A term also often used in computer games. When you have a really bad luck.

• REVERSE INDICATOR – A person who is always wrong with predicting about exchange rate.

• WHALE – It’s a very wealthy trader who can easily change an exchange price by selling or buying a huge amount of coins.