A few cryptocurrency abbreviation

[The Cryptovator]

Just found a few cryptocurrency abbreviations in a Telegram channel. Wondering to share it with the community. So don't think I am promoting the Telegram channel (LOL). I don't know who is managing this channel and how were I added. But staying there for getting cryptocurrency news updates. So, do not join there, I am just using the quote to avoid plagiarism.

#Learning #CryptoHeights
■Accumulation: Buying an asset to acquire a sizable position
■Air drop: Paying crypto holders a free token based on the balance held in their wallet
■Altcoin: Alternative cryptocurrency that’s not bitcoin
■BTFD: Buy the f%$k’n dip
■BagHolder: Someone left holding an asset after the price crashed
■BearGrind: A slow choppy sell-off with very weak bounces
■BearTrend: Downwards price movement creating a series of lower highs
■BlackSwam: A random bearish news event
■Bots: trading algorithms
■Bounce play: When the price bounces up quickly after a dump
■Breakdown: Price dropping below support
■Breakout: Price moving up past resistance
■Bull trend: Upwards price movement creating a series of higher lows
■Buy wall: A large bid on the order book
■Buying pressure: Buying momentum building to push prices higher
■Capitulation: The final point in the market when the last bagholders sell their positions before a reversal
■Catching falling knives: the act of dip buying when the markets are on a down trend
■Channel: A diagonal trading range between support and resistance
■Chop: Directionless price movement that lacks momentum
■Coin: a crypto asset used to secure a blockchain by rewarding miners
■Consolidation: A period of stability and sideways price action
■Continuation pattern: A technical pattern that often means continued movement along a price trend
■Contrarian: Going against the herd
■Crypto: short for cryptography or cryptocurrency
■Delegated proof-of-stake: a form of mining that consists of coin holders electing delegates to secure the blockchain
■Dumb money: Over emotional traders or investors
■Dump: A sharp downwards price movement
■ERC20: A standard for creating ETH based tokens
■FOMO: Fear of missing out
■FUD: Fear uncertainty and doubt
■Fakeout: Price pretending to break support or resistance
■Flash crash: A large price dump that quickly bounces
■Hard fork: A blockchain upgrade that’s not compatible with older versions of the software
■ Honey Badger: A term used to describe bitcoin’s resilience
■ICO: initial coin offering, when tokens are sold in a crowdsale
■Insta-mine: A coin launching with very small difficulty so the developers can get a large portion of the supply for cheap, while trying to hide it’s a pre-mine.
■JOMO: Joy of missing out
■Leverage: increasing ones order size by borrowing coins
■Liquidation: when a market moves against a leveraged trader and they lose their entire position
■Long: Buying an asset
■Miners: people who run computers to secure transactions on a blockchain
■Momentum: Price movement
■Network split: when a blockchain splits into two separate blockchains as a result of hard forks
■Parabolic: when the markets shoot up very fast, usually before a dump and reversal
■Pre-mine: A launched coin where the developers start by keeping a % of the supply for themselves
■Price discovery: Buyers and sellers in the open market trading to establish a price
■Proof-of-stake: a form of mining that consists of holding a coin in a wallet
■Proof-of-work: a form of mining that consumes computational power and electricity
■Pump and dump: when traders push the price up high and immediately sell to crash the price
■Pump: when the price rises fast
■Resistance: A price area where sellers step in to push the price down
■Reversal: A change in price direction
■Salty Pleb: Used to describe jealous people who don’t own bitcoin
■Sell wall: A large ask on the order book
■Selling pressure: Selling momentum building to push prices lower
■Shitcoin: a term used by traders to describe altcoins as way to symbolize non-attachment
■Short squeeze: closing out shorts due to a break of resistance and stops being triggered
■Short: Borrowing an asset to sell on the markets
■Soft fork: An blockchain upgrade that’s backwards compatible with older versions of the software
■Spoofing: When traders flash fake buy or sell walls
■Spoofy the bear whale: A mythical creature that traders use to blame for their bad trades
■Stop order hunting: When traders push the price to trigger stop orders
■Support: A price area where buyers step in to hold the price up
■TA: Technical Analysis, which is the measuring of price on the charts to determine probabilities
■Token: a crypto asset created on top of another blockchain
■Trendline: A line that measures at least three points of contact on a bull/bear trend
■*Whale*: A trader or investor who owns a significant size of an asset.

Hope it will help to learn a few abbreviation related cryptocurrency..

[RapTarX]

At first look at the title, I thought how come COOLCRYPTOVATOR has created the same thread which has already been created few times but after looking at the resources in the thread, I felt like, "Don't judge a book by its cover" LOL.
Your title is quite old/repetitive but the resources it has are quite different and I must say it was a great read for me though I was pretty known with most of the terms.

[cryptoaddictchie]

This is really good information, Ive just joined the channel and it seems that its a decent one for grabbing some crypto news and update. The post isnt spammy for a channel. He did compile a good abbrevation terms for crypto.

So, do not join there, I am just using the quote to avoid plagiarism.

Why not its also good to have some other source or outlet for information.

[pakhitheboss]

A few cryptocurrency abbreviation.
That is a big list of abbreviations. I think almost everything has been covered in this list. I am not sure about the channel as it seems to be another trading signal channel that I generally avoid because of past scams still, this information will come in handy. Thanks for sharing.

[tranthidung]

Thanks for sharing.

I would prefer to help with two threads on the forum and two resources from two famous websites.

• Terminology
• Cryptocurrency Lingo/Slang
• Crypto Glossary (coinmarketcap.com)
• Glossary (coingecko.com)

[Cryptoababe]

Everything is complete.. I was looking forward to ask for the meaning of Shitcoins because I didn't expect to see Shitcoin among the abbreviations. But unfortunately I saw Shitcoin and it feels good to know what Shitcoin really means 

[Pmalek]

It's really hard to read and focus on the text in OP.
Is there any chance that you can adjust it a little bit? Increase the font, maybe use bold with the abbreviations, and add some line spaces in different parts to make it more appealing to the eye? Maybe group similar terms together instead of an alphabetic list.   

[Issa56]

Seriously I believe this list will be very useful because not everybody knows this, for example now when I started trading I was in a group they also make use of this abbreviations but I don't really know the meaning some I have to check on google before I can know the meaning but since a thread have been created on the forum if anybody is having issues you can just come here and check I believe this post will really be useful for newbies most expecially.

[Lafu]

Everything is complete.. I was looking forward to ask for the meaning of Shitcoins because I didn't expect to see Shitcoin among the abbreviations. But unfortunately I saw Shitcoin and it feels good to know what Shitcoin really means 

I mean normaly its not hard to not understand the meaning of " Shitcoin " the word explains it in itself !
Everybody has a different view of what Coins are Shitcoins , a few saying and have written " If its not Bitcoin then its a Shitcoin "

Ist es Bitcoin?
Is it Bitcoin?
-> Ja ( Yes) = Kein Shitcoin (No Shitcoin)
-> Nein (No), ist es Ethereum? (Is it Ethereum)

     -> Ja (Yes)= Kein Shitcoin (No Shitcoin)
     -> Nein (No)= Shitcoin

Sry for the German quote but i have edit it for you and thats how we say it there !

@COOLCRYPTOVATOR sry for maybe Off Topic