Hey Guys,
Here I am with my first ever article in Steemit. You may wonder who am I? I am a crypto enthusiastic who is doing lot of researches on this field. Lot of materials I refer are hidden in my sleeve. Now is the time to share every thing to everybody..Specially Steemit Community.
Before putting anything else you may need to understand (specially if you are rookie) the 'special words' that the crypto community is using day to day to describe any crypto event. So here I catch some words and the meanings of them for you. Go through these and save this. This may help you to understand the Crypto chat.
ALTCOIN = Any crypto currency other than bitcoin.
ASHDRAKED = A situation where you lost all your money.
BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.
BEAR/BEARISH = Negative price movement
BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)
BULL/#BULLISH = Positive price movement
DILDO = Long green or red candles
DUMP = To Sell off a coin
DUMPING = Downward price movement
DYOR = Do Your Own Research
FA = Fundamental Analysis
FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)
FUD = Fear Uncertainty & Doubt
HODL = Hold/Hold a position
JOMO = Joy Of Missing Out
LONG = Margin bull position
MCAP = Market Capitalization
MOON = Continuous upward movement of price
OTC = Over The Counter
PUMP = Upward price movement
SHITCOIN = A coin with no potential value or use
SHORT = Margin bear position
SWING = Zig zag price movement (Upwards and downwards)
TA = Technical Analysis
REKT = When you have a bad loss
REVERSE INDICATOR = Someone who is always wrong predicting price movements.
RSI = Relative Strength Index
WHALE = Very Wealthy trader/Market move
If you need more clarifications or have more words to add, don't hesitate to put as a comment.
Will come back with more.
Follow and Upvote.Until then...
!!MAY THE FORCE BE WITH YOU!!
Obi Van Kenobi