As you enter trading on cryptocurrency trading, when you look around on Twitter, Instagram, Chats and exchanges, you get to see a lot of jargon being thrown around. Below are few of them explained in normal language. Read through them and never be confused again in future

πŸ”΅#ALTCOIN = Any crypto currency other than bitcoin.
πŸ”΅#ASHDRAKED = A situation where you lost all your money.
πŸ”΅#BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.
πŸ”΅#BEAR/BEARISH = Negative price movement
πŸ”΅#BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)



πŸ”΅#BULL/#BULLISH = Positive price movement
πŸ”΅#DILDO = Long green or red candles
πŸ”΅#DUMP = To Sell off a coin
πŸ”΅#DUMPING = Downward price movement
πŸ”΅#DYOR = Do Your Own Research
πŸ”΅#FA = Fundamental Analysis
πŸ”΅#FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it’s gonna pump more, so you buy high)
πŸ”΅#FUD = Fear Uncertainty & Doubt
πŸ”΅#HODL = Hold/Hold a position
πŸ”΅#JOMO = Joy Of Missing Out
πŸ”΅#LONG = Margin bull position



πŸ”΅#MCAP = Market Capitalization
πŸ”΅#MOON = Continuous upward movement of price
πŸ”΅#OTC = Over The Counter
πŸ”΅#PUMP = Upward price movement
πŸ”΅#SAJ #CANDLE = Huge green candle
πŸ”΅#SHITCOIN = A coin with no potential value or use
πŸ”΅#SHORT = Margin bear position
πŸ”΅#SWING = Zig zag price movement (Upwards and downwards)
πŸ”΅#TA = Technical Analysis
πŸ”΅#REVERSE INDICATOR = Someone who is always wrong predicting price movements.
πŸ”΅#RSI = Relative Strength Index
πŸ”΅#WHALE = Very Wealthy trader/Market mover



Vamshi

Tech enthusiast, currently focused on crypto-currencies.

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