Save 📌 In all industries, there is a special language and abbreviations that simplify and speed up communication. These abbreviations play an important role, especially in crypto trading. Let's figure out what they mean.
• #Altcoins — alternative cryptocurrencies, all coins except Bitcoin.
• #Bag Holder — a person who holds a large number of coins in the hope of a big profit.
• #Bear / Bearish — bear market, negative price movement.
• #BTFD — Buy The F*ing Dip, buy on the fall.
• #Bull / Bullish — bull market, positive price movement.
• #DILDO — long green or red candles on the chart.
• #Dump — sharp sale of a coin.
• #DYOR — Do Your Own Research, conduct your own research.
• #FA — fundamental analysis.
• #FOMO — Fear Of Missing Out, fear of missing out on profits.
• #FUD — Fear, Uncertainty & Doubt, fear, uncertainty and doubt.
• #HODL — hold coins despite volatility (mistake for “hold”).
• #Long — long position (bet on growth).
• #MCAP — market capitalization.
• #Moon — rapid price growth.
• #OTC — over-the-counter trading.
• #Pump — sharp price growth.
• #Shitcoin — a worthless coin with no value or application.
• #Short — a short position (a bet on a fall).
• #TA — technical analysis.
• #REKT — a hard loss, a “rout”.
• #Whale — a large trader or holder influencing the market.
• #Weak Hand — an investor who sells at the slightest drop in price.
• #AMA — Ask Me Anything, a “ask me anything” format of communication.
• #ATH — historical price maximum (All-Time High).
• #C2C — cryptocurrency to cryptocurrency exchange (Crypto to Crypto).
• #DLT — distributed ledger technology.
• #IMO — In My Opinion, in my opinion.
• #JOMO — Joy Of Missing Out, joy from not missing anything.
• #Lambo — Lamborghini, a humorous symbol of the wealth of crypto investors.
• #Nocoiner — a person who does not have a single cryptocurrency.
• #Noob — a newbie with no experience.
• #SAFU — Secure Asset Fund for Users, a fund for the protection of user assets.