Hello guys and traders wannabe, I ve something to share with everyone, especially those who've been seeking crypto knowledge. Here are some basic cryptocurrency trading terms and their meaning. Should you come across it anyone's blog don't feel discouraged as if its the end of the world , you can still learn and become a pro.
CryptoCurrency Trading Terms and Meaning:
馃數#ALTCOIN = Any crypto currency other than bitcoin.
馃數#ASHDRAKED = A situation where you lost all your money.
馃數#BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.
馃數#BEAR/BEARISH = Negative price movement.
馃數#BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)
馃數#BULL/#BULLISH = Positive price movement
馃數#DILDO = Long green or red candles
馃數#DUMP = To Sell off a coin
馃數#DUMPING = Downward price movement
馃數#DYOR = Do Your Own Research
馃數#FA = Fundamental Analysis
馃數#FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)
馃數#FUD = Fear Uncertainty & Doubt
馃數#HODL = Hold/Hold a position
馃數#JOMO = Joy Of Missing Out
馃數#LONG = Margin bull position
馃數#MCAP = Market Capitalization
馃數#MOON = Continuous upward movement of price
馃數#OTC = Over The Counter
馃數#PUMP = Upward price movement
馃數#SAJ #CANDLE = Huge green candle
馃數#SHITCOIN = A coin with no potential value or use
馃數#SHORT = Margin bear position
馃數#SWING = Zig zag price movement (Upwards and downwards)
馃數#TA = Technical Analysis
馃數#REKT = When you have a bad loss
馃數#REVERSE INDICATOR = Someone who is always wrong predicting price movements.
馃數#RSI = Relative Strength Index
馃數#WHALE = Very Wealthy trader/Market mover
Wishing you all a productive crypto trading