Important terms for begginers.

in #cryptocurrency7 years ago (edited)

#Altcoin
Any Crypto Currency other than bitcoin

#ASHDrakes
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

#BTFD
Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)

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#BULL/#BULLISH
Positive price movement

#DILDO
Long green or red candles

#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)

#FUD
Fear Uncertainty & Doubt

#HODL
Hold/Hold a position

#JOMO
Joy Of Missing Out

#LONG
Margin Bull Position

#MCAP
Market Capitalization

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#MOON
Continuous upward movement of price

#OTC
Over The Counter

#PUMP
Upward price movement

#SAJ #Candle
Huge green candle

#SHITCOIN
A coin with no potential value or use

#SHORT
Margin bear position

#SWING
Zig zag price movement ( Upwards & Downwards )

#REKT
When you have a bad loss

#TA
Technical Analysis

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

#RSI
Relative Strength Index

#WHALE
Very Wealthy trader/Market mover.