I saw some people with questions about what DCA is... so I made a list of some crypto terms:
🔹 DYOR (Do Your Own Research)
"Do your own research." Never invest based solely on tips — study the project.
🔹 HODL
Holding the coin for the long term, without worrying about short-term price fluctuations. It comes from a typo of "hold," but it is a strategy of keeping cryptos with confidence in their future value.
🔹 DCA (Dollar Cost Averaging)
Dollar Cost Averaging. It consists of investing a fixed amount from time to time, regardless of the crypto price. This way, you smooth out the effects of buying when prices are high and benefit from the average over time.
🔹 FOMO (Fear of Missing Out)
Fear of missing a profit opportunity. Often leads investors to buy cryptos during price spikes, out of fear of missing out, without proper analysis.
🔹 FUD (Fear, Uncertainty, Doubt)
Fear, Uncertainty, and Doubt. Typically, these are rumors or negative information spread with the intent to affect the market and create panic among investors.
🔹 ATH (All Time High)
The highest historical value ever reached by a cryptocurrency. It serves as a reference point for analyzing the asset's performance.
🔹 Paper Hands
A person who sells their cryptos quickly at the slightest sign of a market downturn. Generally, these are investors who are afraid of losses.
🔹 Diamond Hands
A person who holds their cryptos firmly, even in the face of market volatility. They believe in the coin's long-term potential.
🔹 Swing Trading
A strategy of buying and selling cryptocurrencies based on price fluctuations in the short and medium term, taking advantage of market movements.
🔹 Scalping
A strategy of making multiple quick trades with cryptos, buying and selling at short intervals to capture small price variations. Very commonly used to try to profit from daily volatility.
