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CryptoCurrency Trading Terms and Meaning

Cryptocurrencies are obviously on the rise, and due to their
successes, they can no longer be dismissed as a niche monetary system. The appropriate
question to ask is will this rise will lead to the global adoption of an
entirely new currency and finance system?

This post is all about the Cryptocurrency Trading Terms and
their Meaning. Check them out below

  • ALTCOIN: – Any
    crypto currency other than bitcoin.
  • ASHDRAKED: – 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)
  • 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
  • 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 and downwards)
  • TA: – Technical
    Analysis
  • REKT: – When you
    have a bad loss
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  • REVERSE INDICATOR: – Someone who is always
    wrong predicting price movements.
  • RSI: – Relative
    Strength Index
  • WHALE: – Very
    Wealthy trader/Market mover

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