Anchoreth

Wether you're a beginner or an experienced trader it's important you know the following terms!

FOMO (Fear Of Missing Out)

Refers to an investor's fear of missing out on a huge opportunity.

DYOR (Do Your Own Research)

This is used as a reminder to investors to always do their research before investing on a project.

BTD ( Buy The Dip)

It's a term used to encourage investors to buy when price falls.

FUD ( Fear Uncertainty And Doubt)

Is a term used to promote negativity towards a project.

HODL (Hold On For Dear Life)

This term refers to a strategy of buying and holding onto investment for a longer period of time. An investor who do this is called a HODLER!

REKT

Lost of capital.

Rug pull

A crypto scam whereby liquidity is drained and project is abandoned by team. This type of scam usually leaves the investor holding onto worthless untradable tokens!

Shill

Is a collectable effort by investors to promote a project in order to entice potential investors, this is usually done via posts on social media or ads.

Whale

An investor or entity owning large portion of a token or coin.

Paper Hand

An investor who sells off on the slightest fall of price.

Diamond Hand

An investor who holds on to his investment when price falls. This is usually a strong believer of a project.