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 - REVERSE INDICATOR: – Someone who is always
wrong predicting price movements. - RSI: – Relative
Strength Index - WHALE: – Very
Wealthy trader/Market mover
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ALSO READ: A Complete Intro TheBillionCoin (TBC)
