Crypto terms - fun to know.

in #bitcoin8 years ago

1.HODL – Hold on for dear life.

2.FOMO - Fear of missing out.

3.ATH- All time high.

4.BEAR- The investor who believes the prices of a particular cryptocurrency or market will fall and wants to profit from that fall.

5.WHALE- The investor with a fat account, usually one who is bullish on the price of any specific cryptocurrency. Also referred to as bullish whales.

6.BEARWHALE-The investor with a fat account who is bearish on the price of a cryptocurrency.

  1. BAGHODLER- The investor holding (or hodling) for too long on a particular cryptocurrency and now has to face the consequences of that decision.

8.REKT- This is a misspelling of “wrecked”. This term refers to a trader or investor who is utterly ruined and destroyed with losses from the current downfall of a price.

  1. TO THE MOON
    This refers to a crypto’s upward momentum as it keeps climbing in price, as in, “The price of this coin will one day go to the moon!”

10.ADDY- This refers to a cryptocurrency public address (or key). For example: “Tell me your ADDY, please.”

11.FUD-Fear, uncertainty, and doubt. This term usually refers to investors who are unsure of the potential of a situation. May here this term “ Don’t spread the FUD.”

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