CRYPTO TERMINOLOGIES AND MEANING

CRYPTO TERMINOLOGIES AND MEANINGS: 👇👇👇

■Accumulation: Buying an asset to acquire a sizable position

■Air drop: Paying crypto holders a free token based on the balance held in their wallet

■Altcoin: Alternative cryptocurrency that’s not bitcoin

■BTFD: Buy the f%$k’n dip

■BagHolder: Someone left holding an asset after the price crashed

■BearGrind: A slow choppy sell-off with very weak bounces

■BearTrend: Downwards price movement creating a series of lower highs

■BlackSwam: A random bearish news event
■Bots: trading algorithms

■Bounce play: When the price bounces up quickly after a dump

■Breakdown: Price dropping below support

■Breakout: Price moving up past resistance

■Bull trend: Upwards price movement creating a series of higher lows

■Buy wall: A large bid on the order book

■Buying pressure: Buying momentum building to push prices higher

■Capitulation: The final point in the market when the last bagholders sell their positions before a reversal

■Catching falling knives: the act of dip buying when the markets are on a down trend

■Channel: A diagonal trading range between support and resistance

■Chop: Directionless price movement that lacks momentum

■Coin: a crypto asset used to secure a blockchain by rewarding miners

■Consolidation: A period of stability and sideways price action

■Continuation pattern: A technical pattern that often means continued movement along a price trend

■Contrarian: Going against the herd

■Crypto: short for cryptography or cryptocurrency

■Delegated proof-of-stake: a form of mining that consists of coin holders electing delegates to secure the blockchain

■Dumb money: Over emotional traders or investors

■Dump: A sharp downwards price movement

■ERC20: A standard for creating ETH based tokens

■FOMO: Fear of missing out

■FUD: Fear uncertainty and doubt

■Fakeout: Price pretending to break support or resistance

■Flash crash: A large price dump that quickly bounces

■Hard fork: A blockchain upgrade that’s not compatible with older versions of the software
Honey Badger: A term used to describe bitcoin’s resilience

■ICO: initial coin offering, when tokens are sold in a crowdsale

■Insta-mine: A coin launching with very small difficulty so the developers can get a large portion of the supply for cheap, while trying to hide it’s a pre-mine.

■JOMO: Joy of missing out
■Leverage: increasing ones order size by borrowing coins

■Liquidation: when a market moves against a leveraged trader and they lose their entire position

■Long: Buying an asset

■Miners: people who run computers to secure transactions on a blockchain

■Momentum: Price movement

■Network split: when a blockchain splits into two separate blockchains as a result of hard forks

■Parabolic: when the markets shoot up very fast, usually before a dump and reversal
Pre-mine: A launched coin where the developers start by keeping a % of the supply for themselves

■Price discovery: Buyers and sellers in the open market trading to establish a price

■Proof-of-stake: a form of mining that consists of holding a coin in a wallet

■Proof-of-work: a form of mining that consumes computational power and electricity

■Pump and dump: when traders push the price up high and immediately sell to crash the price

■Pump: when the price rises fast

■Resistance: A price area where sellers step in to push the price down

■Reversal: A change in price direction

■Salty Pleb: Used to describe jealous people who don’t own bitcoin

■Sell wall: A large ask on the order book
Selling pressure: Selling momentum building to push prices lower

■Shitcoin: a term used by traders to describe altcoins as way to symbolize non-attachment

■Short squeeze: closing out shorts due to a break of resistance and stops being triggered

■Short: Borrowing an asset to sell on the markets

■Soft fork: An blockchain upgrade that’s backwards compatible with older versions of the software

■Spoofing: When traders flash fake buy or sell walls

■Spoofy the bear whale: