30 Popular Abbreviations Commonly Used in Cryptocurrency Trading

The crypto space is a fast paced growing market as of right now and it's showing no sign of slowing down as it's a new market with tons of exciting oppurtunity no wonder the number of investor keep growing daily.

Cryptocurrency is a new market and it's often driven by news,  big announcement, new updates partnership and sponsorship deals and much more. By way. Of staying up to date with the latest news and happenings in the crypto community traders and investors make use of social media platforms such as facebook, telegram, whatsapp, twitter, forums bitcointalk, reddit, steemit as a quick means of communication.

While chatting on this social networking sites you see people make use of abbreviations from some crypto terminologies. However newbie traders and investors or beginners who are just new to the crypto scene may not be familiar with most of this abbreviation used. So today I am sharing popular abbreviations commonly used in cryptocurrency trading.

List of abbreviations commonly used in cryptocurrency trading. 

1. Altcoins: Alternate cryptocurrency that is any cryptocurrency other than bitcoin

2. ASHDRAKED:  A situation where you lost all your money.

3. Bag Holder = A person who buys and hold coins in large quantity hoping to make good profits in the future.

4. Bear/Bearish = Negative price movement

5. BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)

6. Bull/Bullish= Positive price movement

7. DILDO = Long green or red candles

8. Dump = To Sell off a coin

9. Dumping: Downward price movement

10. DYOR = Do Your Own Research

11. FA = Fundamental Analysis

12. FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)

13. FUD = Fear Uncertainty & Doubt

14. HODL = Hold/Hold a position

15. JOMO = Joy Of Missing Out

16. Long:  Margin bull position

17. MCAP = Market Capitalization

18. Moon = Continuous upward movement of price

18. OTC = Over The Counter

19. Pump: Upward price movement

20. Saj candle Huge green candle

21. Shitcoin = A coin with no potential value or use

22. Short = Margin bear position

23. Swing = Zig zag price movement
(Upwards and downwards)

24. TA: Technical Analysis

25. REKT: When you have a bad loss

26. Reverse Indicator: Someone who is always wrong predicting price movements.

27. RSI = Relative Strength Index

28. Whale = Very Wealthy trader/Market mover.

29. ICO: Intial coin offering otherwise know as IPO

30. Weak Hand = a coin holder prone to selling at the first sign of a deep in price.



Hope this helps..

Do you know any abbreviations used in crypto trading not listed here let hear from you via the comment box.

Important: Articles, opinions, or any other information posted on this blog does not constitute investment advice. Never invest money you can't afford to lose. Always do your own research before placing a trade. 

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