List Of Abbreviations Commonly Used In Cryptocurrency Trading

In every industry, there is a special language to make communication easy and efficient. Those abbreviations have a great impact on the industry, lets understand what they are.

List of abbreviations commonly used in cryptocurrency trading and  CryptoSpace which are most helpful for the community:

  • Altcoins: Alternate cryptocurrency that is any cryptocurrency other than bitcoin
  • Bag Holder: 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
  • Bull/Bullish= Positive price movement
  • DILDO: Long green or red candles
  • Dump: To Sell off a coin
  • DYOR: Do Your Own Research
  • FA: Fundamental Analysis
  • FOMO: Fear Of Missing Out
  • FUD: Fear Uncertainty & Doubt
  • HODL: Hold/Hold a position
  • ICO: Intial coin offering otherwise know as IPO.
  • 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
  • Whale: Very Wealthy trader/Market mover.
  • Weak Hand: a coin holder prone to selling at the first sign of a deep in price.
  • AMA: Ask me anything
  • ATH: All-Time High
  • ASHDRAKED:  A situation where you lost all your money.
  • C2C: Crypto to Crypto
  • DLT: Distributed ledger technology
  • DYOR: Do Your Own Research
  • IMO: In My Opinion
  • JOMO: Joy Of Missing Out
  • Lambo: Lambo is the status symbol that becomes an elusive goal for most investors. It’s a car industry reference that makes people believe everyone who has entered the cryptocurrency business will buy a Lamborghini very soon.
  • Moon: To the Moon resembles the All-Time high.
  • Nocoiner: A Nocoiner can be any person who doesn’t own Bitcoins.
  • Noob: A person who is inexperienced/ new to a particular sphere or activity,
  • OTC: Over The Counter
  • SAFU: Secure Asset Funds for Users.
  • Shill: Shill is the holder/owner of altcoins who just wants to promote his digital currency for his own benefit.
Do you know any abbreviations used in Crypto Space not listed here? let hear from you.

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