FOMO#: Short for Fear of Missing Out.
FUD#: An acronym for Fear, Uncertainty and Doubt.
HODL#: Refers to a type of passive investing strategy where you hold an investment for a long period of time regardless of any changes in the price or markets.
KYC#: Short for Know Your Customer. This is the first step that cryptocurrency exchanges must complete in order to verify the identity of their customers.
Bull market: refers to a market in which cryptocurrency prices generally move upward for a certain period of time.
Bear market: refers to a market in which cryptocurrency prices are generally in a downward trend.
Altcoin: Any cryptocurrency other than Bitcoin.
ATH#: The highest price level a cryptocurrency has ever reached.
ATL#: means the lowest price level reached by the cryptocurrency.
#LAMBO: A term used to denote how quickly someone can expect to get rich, given current market conditions. It is also often used to denote the opposite: that someone loses a lot of money during recessions.
Whale: A term used to describe very wealthy investors or traders who have enough money to manipulate the market.
Rugpull: A cryptocurrency strategy where crypto developers abandon the project and run away with investors' money.
Arbitrage: This refers to buying from one exchange and then selling to another if the margin between them is profitable. Multiple exchanges trade the same cryptocurrency on any link, and they can do so at different prices.
#To the Moon: Investors use this term or send a rocket emoji when they think the cryptocurrency is going to boom.
Buy the dip: Refers to the idea of buying cryptocurrencies when prices are falling to reap the benefits when they rise again.