๐ต Terms that are very important for you to know as a beginner in the field of digital currencies
Let's start ๐
๐ DEFI = Decentralized Finance (Decentralized Finance)
๐ฑ LSD = Liquid Staking Derivatives
(Symbols representing currencies that are locked in staking)
๐ฆ Staking =
(Lock your currencies on a specific network and earn rewards)
โ๏ธ ATH = All time High (The highest peak achieved by the currency)
๐ ATL = All time Low (The lowest bottom achieved by the currency)
๐ TX = Transaction (Transaction)
๐ Bull Market = (The bull market)
๐ป Bear Market = (The bear market)
๐ฅ FOMO = Fear Of missing out (Fear Of Missing Out)
โ๏ธ DYOR = Do your own research (Do your own research)
๐ณ WHALE = ( Whale )
๐ REKT = Wrecked (meaning you were scammed or lost a big deal)
๐ช HODL = Hold (hold on to your currency)
๐LFG = Let's Fucking Go (used to create excitement and enthusiasm about a currency or project)
๐จ FUD = (fear and doubt about a project or currency and spreading bad news about it)
๐ Diamond Hands = (diamond hands do not sell the currency except after a long period)
๐งป Paper Hands = (paper hands do not hold the currency except for a very short period)
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#LearnAndEarn"