Common Terminology
Altcoin
“Alternate Coin” These usually refer to crypto currencies other than the top two (Bitcoin & Ethereum).
ATH
All-Time High. Therefore it means the highest historical price of a specific coin.
Bear-run/Bearish
Market down-trending, negative price, expected to go down
BTFD
Buy The Fucking Dip. When people are running around and selling because of fear, this is the time to buy.
Bull-run/Bullish
Market up-trending, Positive price, expected to go up.
Dildo
Huge green candle in graph
DYOR
Do Your Own Research
Fake News
Only trust reliable sources and read all details in the body of stories. Our News section is a starting point for trusted reliable news on cryptocurrencies.
FA
Fundamental Analysis
FOLO
Fear of losing out
FOMO
Fear of missing out. The feeling when you see a huge green dildo on a chart and you don’t own that coin, so you sell other shit to buy into it freaking out.
FUD
Fear. Uncertainty. Doubt. The feeling when you start to see the price of a coin drops and you think “Oh shit, I better get out of this now.” and dump all of your coins. This is usually related to bad news with a coin.
Guppie
Small time investors who are likely to panic sell at dips (Decrease in price)
HODL
Same as “HOLD.” This is a great advice throughout numerous bearish market dynamics.
ICO
Initial Coin Offering: Token producer does pre-sale of tokens before the tokens are available on exchanges to trade. Similar to IPO with stocks.
Knife
Big red candle in graph.
Market Maker
Trader with deep pockets (Whale) and a good understanding of market dynamics. Can be also the person who is putting up the most significant buy and sell walls to keep a market inside a desired price range.
Moon
Extreme bullish movement of a coin that goes above ATH (All Time High)
OTC
Over The Counter: Selling your asset off-exchange.
REKT
Bad loss. Derived from “Wrecked”
Reverse Indicator
Someone who is always wrong predicting price movements.
Sats
short for satoshis: A way of valuing the price of an asset (e.g. 2000 SATS = 0.00002 BTC)
Shill
Promoting a coin through social media.
Short Sell
Selling an asset before an expected decrease in price to buy back more of that asset at a cheaper price
TA
Technical Analysis
Weak Hands
Those who cannot be patient and sell at loss when the market is down.
Whale
A person with a very high budget, therefore is able to manipulate the prices of specific crypto assets