Some abbreviations used in crypto and their meaning*
-
FOMO- Fear of missing out
-
DYOR- do your own research
-
NFA - Not a financial advice
-
HODL -hold your bag no matter the volatility of price (hold on for dear life)
-
FUD- Fear, uncertainty and doubt.
-
KYC- know your customer
-
WAGMI- we all gonna make it
-
POW- proof of work
-
ATH- all time high
-
ATL - all time low
-
HH- higher high
-
LL- lower low
-
BTD- buy the dip
-
P2P- peer to peer
-
POS- Proof of stake.
-
TA- technical analysis
-
FA- fundamental analysis
-
2FA- 2 factor authenticator
-
Dapp- decentralized application
-
ALT- alternative coins other than btc
-
CMC- coin market cap
-
CEX- centralized exchange
-
DEX- Decentralized exchange
-
DCA - Dollar cost average
-
JOMO- Joy of missing out
-
TLT- think long term
-
AMA- ask me anything
-
PnL - profit and loss
-
ROI- return of investment
-
TP- Take profit
-
SL- stop loss
-
â TBA- To-Be-Announced
-
â KOL- Key Opinion Leader
-
â Degen- Someone who recklessly apes and invests into Crypto projects risking high volatility
-
â Chad- someone very successful in crypto trading, making gains and results
-
â Smart Money- Money moved and traded by intelligible and smart investors.
-
â Ape in- to get into a crypto trade, call or investment
-
â Shill - to promote aggressively or by opportunity a crypto project or token usually on X
-
â Fade- to ignore a crypto project or airdrop call
-
â Moon- to pump a crypto project, usually depicts that price is going to rise
-
â Dump- to empty all your crypto bags at a particular price point
-
Bag- to buy a particular crypto
Please drop yours letâs learn