Common terms for newbies in the crypto world

in #cryptocurrency7 years ago

ALTCOIN = Any crypto currency other than bitcoin.

ASHDRAKED = A situation where you lost all your money.

BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.

BEAR/BEARISH = Negative price movement

BULL/BULLISH = Positive price movement

DUMP = To Sell off a coin

DUMPING = Downward price movement

DYOR = Do Your Own Research

FA = Fundamental Analysis

FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)

HODL = Hold/Hold a position

JOMO = Joy Of Missing Out

LONG = Margin bull position

MCAP = Market Capitalization

MOON = Continuous upward movement of price

OTC = Over The Counter

PUMP = Upward price movement

SHITCOIN = A coin with no potential value or use

SHORT = Margin bear position

SWING = Zig zag price movement
(Upwards and downwards)

TA = Technical Analysis

REKT = When you have a bad loss

REVERSE INDICATOR = Someone who is always wrong predicting price movements.

RSI = Relative Strength Index

WHALE = Very Wealthy trader/Market mover

ICO = Initial Coin Offering

Coin Marketplace

STEEM 0.27
TRX 0.21
JST 0.038
BTC 96824.35
ETH 3678.06
USDT 1.00
SBD 3.88