There are certain terminologies one has to be accustomed with if you really want to progress in that area of specialization. So I have been do some research on Cryptocurrency terminologies so I can use them to buttress my articles and make have the quality they deserve. The crypto space is wide and many slangs and abbreviations have been used in many ways. In the course of my research I got to notice that the popular #gmfrens that is common on #threads actually stands for for something, the GM means "goodmorning", while the FRENS means "friends".
Dapps - decentralized applications
HODL - hold on for dear life
FUD- fear, uncertainty, doubt
FOMO - Fear of missing out
DEFI - decentralized finance
DYOR - Do your own research
GM - Good morning
PUMP AND DUMP
KYC - Know your customer
WAGMI- We're all gonna make it
NGMI - Not gonna make it
BTD - Buy the dip
ATH - All time high
ATL- all time low
TO THE MOON
NFA - Not financial advice
DEX - decentralized exchange
POW - Proof of work
POS - proof of stake
ICO - initial coin offering
DAO-decentralized autonomous organization
NFT- non-fungible tokens
SATS - Satoshi
OCD- obsessive crypto disorder
CRYPTOSIS
SHITCOIN
IYKYK- If you know you know
FREN - Friend (gmfrens��)
ANON - Anonymous
ETH - Etherum
LTC - Litecoin
BTC - Bitcoin
XRP - ripple
REKT- Wrecked
AMA - ASK me anything
APY: annual percentage yield
CBDC- Central bank digital currency
CT- Crypto Twitter
DCA - Dollar cost averaging
ROI- Return on investment
So I hope you find the crypto collective terms useful and be knowledgeable in words used on the blockchain.
Thank you for stopping by....