Back to December 18, 2013 a guy with a nickname GameKyuubi, like many other nerds on a cold night was sitting alone in front of his computer . Bitcoin was dipping. He was a little drunk when he logged into Bitcointalk and posted some rather enjoyable content which was titled “I AM HODLING”. He mistyped the title, but after multiple attempts to correct the error,he gave it up.It didn’t take long for fellow bitcointalkers to jump on his post with comments, laughs, and funny memes. BTC miners and traders joined GameK’s advice and commented that they were going to “HODL” as well. It was how the first crypto slang was invented.
In this article I'm going to explain some popular crypto-blockchain terms and abbreviations.
HODL/HODLING
Hold indicates: Do not sell. Originally being a typo, it has become an acronym — hold on for dear life.
ATH
All Time High
Bagholder
A holding trader after a cryptocurrency has desreased significantly .
Bearish
Expectation price is going to DECREASE.
Bullish
Expectation price is going to INCREASE.
BTFD
Buy at The F***ing Dip!
DYOR
Do Your Own Research
Flippening
The change in price of an altcoin, where it would no longer be primarily based on the price of BTC
FOMO
Fear Of Missing Out
FUD
Fear, Uncertainty, Doubt
Lambo
Short for Lamborghini.
Moon
A large increase in value.
Nocoiner
A person that owns no cryptocurrencies.
Noob
A new person to crypto/gaming.
OCD
Obsessive Cryptocurrency Disorder
Pump & Dump
Cycle of growth and fall in prices.
Rekt
Wrecked
SAFU
Safe As “FU**.
Shill
Annoying and unnecessary advertising
ShitCoin Cryptocurrencies with no inherent value.
Spoofing
When a person buys and sells to himself in a set range to create the illusion of volume.
Whale
A person who owns a lot of Cryptocurrency.
No matter where you stand on this advice, DYOR! Invest wisely, my friends. Share education, encouragement, and love to everyone you encounter.
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