FUD? FOMO? ATH ? HODL ?

in #cryptocurrency7 years ago

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HODL - misspelling of hold and it means keep; hold that coin and don't sell it

FOMO - fear of missing out; a recent example is Bitcoin Gold fork, because people started to buy bitcoin like crazy even if the price was very high at some points

FUD - fear, uncertainty and doubt; some spread FUD to crash the coin price

ATH - all time high - the highest historical price of specific coin

Whale - a person who has a lot of coins ( a substantial amount of capital ); he/she can influence the price by selling

Bag holder - a person who bought at around ATH and never sold and now he/she has a lot of worthless coins

Long - long position => assuming the value of the coin will be higher in the future

Short - short position => assuming the value of the coin will be smaller in the future

BUY/SELL Wall - limit orders of the same price target from a specific exchange

Altcoin - alternate coin; everything other than BTC

ICO - initial coin offering

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Thank you! I finally know what FUD stands for :D