HODL
HOLD ON
FOR DEAR LIFE
A misspelling of hold that stuck around to mean keep. A crypto trader who buys a coin and does not see himself selling for some time is called a hodler of the coin.
FUD
FEAR,
UNCERTAINTY
& DOUBT
The short form of fear, uncertainty, and doubt. Usually used in the form of xxx spreading FUD again. Example: JPMorgan's Dimon spread FUD by saying Bitcoin is a fraud that will eventually blow up.
FOMO
FEAR OF
MISSING OUT
The short form of ‘fear of missing out.’ The feeling when you see a huge green dildo on a chart, and you don’t own that coin, so you sell other shit to buy into it freaking out. As crypto trading is still very much driven by emotions rather than valuation, FOMO is a huge factor to consider when swing trading in crypto.
MOON
TO THE
MOON
Used to express the joy and elation felt when a Shitcoin is pumped by a Whale, giving the virgin trader the illusion that they have invested intelligently and wisely.
LAMBO
BUY CAR
WITH THE PROFIT
Short for Lamborghini, a fast nice car that you will never have.
SHILL
SOMEONE WHO
PROMOTES
SCAMMERS
Anyone who writes anything good about an alt coin.
MINING
CRYPTO
MINING
Mining is the process by which transactions are verified and added to the public ledger, known as the block chain. And also means through which for example new bitcoins are released.
MARKET CAP
MARKET
CAPITALIZATION
Is one way to rank the relative size of cryptocurrency. It's calculated by multiplying the Price by the Circulating Supply.
BEAR MARKET
BEAR
MARKET
Crypto bears have an acutely pessimistic outlook for prices.
BULL MARKET
BULL
MARKET
Whereas a crypto bull has optimism for prices.
BEAR TRAP
BEAR
TRAP
A bear trap is a false signal that the rising trend of a stock or index has reversed when it has not.
A bear trap prompts traders to place shorts on the stock or index, since they expect the underlying to decline in value.
However, instead of declining further,
the investment stays flat, or slightly recovers.
P&D
PUMP
AND DUMP
The recurring cycle of an Altcoin getting a spike in price followed by a huge crash.
Such movements are often attributed to low volume, hence the ‘pump’.
Traders who pump, buying huge volumes, may wish to invoke FOMO from the uninformed investors and then dump, or sell, their coins at a higher price.
CHOYNA
CHOYNA
A deliberately distorted way of referring to China.
As China is a country which is immensely influential in the Bitcoin space,
it has largely dominated mining and trading activities.
ALT COIN
ALT
COIN
All coins not named Bitcoin.
ATH
ALL
TIME HIGH
This means that the price of a certain cryptocurrency or coin has broken all of its past records
and is trading at the highest price it has ever achieved.
BAG HOLDER
BAG
HOLDER
This is an investor or a trader who has been holding (or hodling) for too long on a
particular cryptocurrency and now has to face the consequences of that decision.
NEWBIE
NEWBIE
A beginner who is not very smart and who makes rookie mistakes.
#REKT
REKT
Borrowed from online gaming slang, to mean utterly destroyed or ruined.
PWND
OWNED
When someone is totally and utterly owned.
WHALE
WHALE
A huge player who has a substantial amount of capital. Whales are often the market movers for small alt-coins too due to their huge capital.
WALLET
WALLET
A cryptocurrency wallet stores the public and private keys which can be used to receive or spend the cryptocurrency.
TPS
TRANSACTIONS
PER SECOND
This basically means how fast a cryptocurrency is.

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