Translation of Trading Terminology:(Please let me know if you have good terms)
Fakeout: A sudden drop before or during a rise, followed by a quick recovery back up.
Consolidate: A certain coin continues to rise after undergoing a period of fluctuation and liquidation.
Build: Generally refers to a coin that is consistently making money, or has trapped investors, leading to the necessity of using terms like 'build' in a nonsensical way.
HODL/Hold: Typically describes retail investors who hold coins long-term, excluding Bitcoin.
FOMO: Retail investors are excited and afraid of missing out on market trends, usually buying at the peak.
To the moon: Describes a dramatic price increase, with K-lines reaching the moon.
Blockchain Scam: Generally refers to a significant market drop, entering a long bear market cycle.
Numbed: Typically refers to buying a specific coin that skyrockets or receiving an airdrop worth thousands or tens of thousands of dollars.
Pattern Breakout: Refers to a coin that has either gained or lost 100 times its value, in context of discussion.
Paper Hands vs Diamond Hands:
Paper Hands: Screams and runs away after a 5% drop, holding time ≈ time for instant noodles to cook.
Diamond Hands: Sticks to 'value investing' even after a 90% drop, resulting in an account that shrinks to QQ diamonds 💎
However, paper hands always cut losses before a surge, while diamond hands ultimately become 'The Godfather of Zero'.