Post
Topic
Board Beginners & Help
Glossary of crypto terms for newbies
by
fognoir
on 08/02/2018, 19:20:10 UTC
If you are part of a telegram group, you will find this glossary very useful.

BAGS: the coins you are planning to hold long-term

BTFD: "Buy the fucking dip". Good opportunities to buy below value will not last long

DYOR: "Do your own research" If you want to success in investing you should start studying and follow your own path

FIAT: Government issued currency

FUD: "Fear, uncertainty, and doubt" this term outlines initiatives to scare the weak-handed holders into selling their positions

HODL: The misspelled word HOLD was posted first in 2013. The community later on, turned it into a verb

LAMBO: if you can buy a Lamborghini, you are cryto-rich

SHITCOINS: The low-cap coins

SATS: or satoshis, the smaller unit of a bitcoin

WHALE: The ones who manipulate the market, because the have enough coins to provoke big price movements


I am sure this glossary is not complete. Maybe you can add more.