$BTC
๐ฅ 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)