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๐Ÿ”ฅ Common Terms in the Crypto World

Term Meaning / Brief Explanation

HODLer A person who holds cryptocurrency for the long term (Hold On for Dear Life)

Whale An owner of a large amount of cryptocurrency

Degen A speculative trader who enjoys high-risk projects

Shiller A person who aggressively promotes a crypto project (sometimes too aggressively)

FOMOer An investor who buys out of fear of missing out on a trend (Fear of Missing Out)

Paper Hands A person who quickly sells when prices drop a little

Diamond Hands A person who is resilient and doesn't sell even when prices drop sharply

No-coiner A person who does not own any cryptocurrency or is anti-crypto

Bagholder A person who is stuck holding assets whose value has severely dropped

Yield Farmer A person focused on earning profits from DeFi (staking, farming)

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