Crypto Lingos
Crypto lingos or slangs.
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1 AirDrop
It is a free token distribution service used for “yet to be listed” coin on exchanges.
2 ADDY
Short for address or the public cryptocurrency address (key).
3 ATH – ALL TIME HIGH
It is the abbreviation for “All Time High”; the highest value a coin has ever seen.
4 BAGHOLDER
A bagholder is an investor who is holding on to his coins despite their market value plummeting.
5 BEARWHALE
It is a combination of two words, a whale and a bear person. This investor expects prices to decline and hence sells the majority of their assets, causing the market to flatten.
6 BITCOIN MAXIMALIST or Bitcoin maxis
Investors who believe that Bitcoin is the only valuable cryptocurrency and others are inferior.
7 Bitcoin Pizza Day
Laszlo Henyecz, a man from Hungary, paid 10,000 bitcoins for two Papa John’s pizzas in 2010. Investors remember the day May 22nd, as a learning, as those 10k Bitcoins could have been worth over $500 million by now.
8 BITCOIN ROLLER COASTER
It refers to a situation in which the market is exceedingly volatile and Bitcoin’s price fluctuates from extremely high to extremely low on a regular basis.
9 BITSHAMING
Bitshaming is the act of ridiculing or shaming a trader for not being wealthy. They make poor decisions like opting for a short gains instead of a long and lose money rather than gain.
10 Bug Bounty
People can be recognised and rewarded with cryptocurrency for discovering flaws linked to exploits and vulnerabilities in a programme of a company.
11 BTD
It is the abbreviation for “Buy The Dip”. This means that while the asset’s price is falling, you should acquire it.
12 Crypto-coaster
It describes the trends in cryptocurrencies.
13 Cryptocrash
The price of a cryptocurrency drops frequently, often many times each day, week, or month.
14 Cryptodaddy
Anyone who uses or promotes cryptocurrency as a solid long-term investment without irony.
15 CRYPTOJACKING
Unauthorized mining of cryptocurrencies on another person’s computer.
16 Cryptoland
It refers to the cryptocurrency ecosystem, which includes all blockchain technology.
17 Cryptoloot
A common name to describe all cryptocurrencies.
18 Cryptocripple
When an exchange bans part of your account due to a bogus verification issue but allows you to trade your current purchases.
19 Cryptosis or OCD
It is also known as Obsessive Crypto Disorder. This is a drive to learn everything there is to know about cryptocurrency. It’s a non-fatal sickness brought on by the cryptocurrency craze like constant chatting, reading, and listening to information on cryptocurrency.
20 Diamond hands
It was coined by the Reddit handle Wallstreetbets to describe investors whose judgments are not influenced by market volatility and have a higher risk tolerance than most.
21 DYOR
It is the abbreviation for DO YOUR OWN RESEARCH which simply urges traders to conduct their own due diligence before making a financial choice.
22 EXIT SCAM
Disappearance of the creators/promoters of a cryptocurrency an ICO.
23 FAKETOSHI
It describes a person who claims to be Satoshi Nakamoto and is generally associated with Craig Wright. His claim was debunked by a few publications after their thorough background check.
24 Faucet
It is a website where you can get free cryptocurrency at set intervals of time in lieu of visiting the tools like placement of banners, videos etc.
25 FOMO
It is stands for Fear of Missing Out and is a fear expression that can be used to describe any fear-based cause that could prevent you from trading.
26 FUD
It stands for “fear, uncertainty and doubt” and represents market sentiments, particularly when there is a significant price shift or when there is a risk of being scammed or hacked.
27 Halving
It is a planned reduction in the incentives that miners earn and is stated in the Bitcoin code. Every four years or so, halvings take place — more specifically, every 210,000 blocks of transactions. It helps to keep scarcity alive by halving the amount of Bitcoin miners receive for per block reward.
28 (HODL)
It stands for HOLD ON FOR DEAR LIFE. No matter how tough the market appears to be, the investors still believe in their investments.
29 JOMO
It is stands for “Joy of missing out”, an expression that means “I’m glad I didn’t jump the bandwagon that turned out to be a scam.”
30 LAMBO
Many investors offer to buy an asset or invest in a business in the expectation of becoming wealthy quickly. Lambo is a short form of Lamborghini sports car. So, “When is it lambo?” means When will you become wealthy?”.
31 Mainnet
Mainnet is a blockchain that executes real-world bitcoin transactions, routing funds between parties involved.
32 Memecoin
A cryptocurrency that is linked to a particular topic, usually as a joke rather than a real commodity. Example of this is DogeCoin.
33 NOCOINER
It is a disparaging term and used for a person who does not have any bitcoin or cryptocurrency.
34 NONCE
It stands for is “number only used once”, so it is an arbitrary number that is used only once in a cryptographic communication.
35 Paper Hands
Investors who are readily swayed by pressure. They would quickly sell if the price fell.
36 PUMP AND DUMP
It is a financial fraud in which a person or a group artificially inflates the price of an asset by distributing false information in hope of buying assets for a low price and sell it on a higher price.
37 REKT
REKT is another term for ‘wrecked’ and represents a big financial loss caused by a disastrous investment.
38 SHILL
Shill is a term used to describe when a user promotes a project, event, token, or cryptocurrency for personal gain(s).
39 SHITCOIN
Shitcoin is a pejorative name for an altcoin with little to no value or long-term viability.
40 Short Squeeze
This is when the price of a financial asset on the market rises dramatically, forcing short-term investors to cover their losses by purchasing shares as soon as feasible.
41 Stonk
Stonk is simple a slang for stocks, sometimes with a spice of irony, and frequently used in the context of losses.
42 This Is Gentlemen
A colloquial sentence of “This is it, gentlemen”, and commonly used to compliment someone. This is gentlemen, if the price of XRP climbs.
43 TO THE MOON / MOONING
When cryptocurrency investors or traders are ecstatic about their coin or token’s further rise, they will say “to the moon” or “mooning”, which simply means the price is skyrocketing.
44 VAPOWARE
A term used to describe a digital asset or project that has risen in value due to hype and favourable exposure but has nothing to back it up.
45 WHALE
A whale is a person or a group or a company that buys a big amount (at least 5%) of a certain cryptocurrency.
46 WEAK HANDS
When the value of a coin or the entire crypto market drops, it refers to the individuals who sell in panic state instead of continuing to hodl.
