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Crypto Terms You Should Know

#cryptocurrency #HODL #bitcoin #KNIGHTS


There are lot of crypto terms out there, and whether you are a vet or new to the digital asset sector, below a list of the Top cryptocurrency terms that you should know, as follows:

1. HODL – The act of holding on to a coin for the long term instead of selling it. Made famous by this epic post.

2. Altcoin – Every cryptocurrency other than bitcoin

3. FOMO – Fear of missing out. This happens when a coin is rising in value and you’re considering buying at a high price even though you might be too late

4. JOMO – Joy of missing out. This happens when you dodged a bullet and are happy you didn’t buy a coin

5. Moon – Where everyone wants their coin to go, up and into outer space

6. Bag Holder – Someone who is holding a lot of coins in the hopes that it will go up in the future

7. Shitcoin – A worthless and dead coin with no real value

8. Dumping – Downward price movement or a decision to sell a coin

9. DYOR – Do your own research

10. FUD – Fear, uncertainty and doubt

11. Whale – A super wealthy trader with a lot of money to spend

12. Mining – The process of verifying transactions on the blockchain, resulting in rewards (aka coins) for those who lend their computing power

13. Long – A decision to hold onto a coin for the long term

14. REKT – When a coin goes down sharply and you have a bad loss

15. Lambo – The car that many people want to buy when they strike it rich

16. Swing – When the price of a coin is moving up and down at a rapid rate

17. Pumping – A coordinated effort to boost a coin by buying a lot of it all at once

18. Bearish – When the sentiment on a coin is negative

19. Bullish – When the sentiment on a coin is positive

20. Exchange – Websites that allow you to purchase and sell cryptocurrencies

21. FIAT – Any currency that is issued by a government

22. TA – Technical analysis

23. ATH – All-time high

24. FA – Fundamental analysis

25. MCAP – Market capitalization

Have a healthy, prosperous week, Keep the Faith!

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Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.