Abbreviations To Note While Trading

cryptocurrency trading abbreviations

Below we provide basic Abbreviations every crypto enthusiast should know of while trading cryptocurrencies as it helps you get along in the crypto industry.

ALTCOIN – Any cryptocurrency other than bitcoin.

ASHDRAKED – A situation where you lost all your invested capital.

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 Cryptocurrency

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

LONG – Margin bull position

MCAP – Market Capitalization

MOON – Continuous upward movement of price

OTC – Over The Counter

PUMPING – Rapid Price Increase

SAJ CANDLE – Huge green candle

SHITCOIN – A coin with no basic use and potential value

SHORT – Margin bear position

SWING – Zig zag price movement (Upwards and downwards)

TA – Technical Analysis

REKT – When you have a bad loss

REVERSE INDICATOR – Someone who is always wrong prognosticating price movements.

RSI – Relative Strength Index

WHALE – Very Wealthy trader Holding Much Coins/Market Mover

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