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
