The Bitcoin community has developed its own set of slangs on the chats where it meets––such as r/bitcoin, BitcoinTalk, Telegram chat rooms, and more. Log on, and you’ll see mass misspelling: “hodl” instead of “hold” or “Reckt” instead of “wrecked.” You’ll hear of bagholders and BearWhales.
Hodl
The word “Hodl” came to fruition during the bitcoin price collapse in 2013, when,. A post on BitcoinTalk read “I AM HODLING”, a cri de couer.
No coiner
A no coiner is the opposite of a hodler. A no coiner has no cryptocurrency assets; of course, particularly Bitcoin.
Sats
Short for satoshi, A Sat is the smallest unit of Bitcoin recorded on the Bitcoin Blockchain. It is like bitcoin’s version of the penny. It carries a value of 0.00000001 BTC, one-hundred-millionth of a single Bitcoin.
FoMo
Fomo is anxiety that an exciting or interesting event may currently be happening elsewhere, often aroused by posts seen on a social media website. Sufferers of FOMO might buy crypto based on emotion.
Shill
An individual promoting altcoins for their own benefit, taking payment. A shill is a one who discreetly advertises a project without specific merit by spreading ‘buzz’, when in fact they are potentially being paid for their services.
Bear
The term Bear stems from traditional trading lingo. A bear is a person who thinks, in any market, that the price will fall.
BearWhale
A “BearWhale” is a big-time trader who is bearish on the Bitcoin price. A BearWhale is prone to making large sells which could hamper the overall bitcoin market.
Goxxed
Goxed means you’ve lost money at the hands of someone else. This term references the MtGox (bitcoin exchange) bankruptcy back in 2011, when many people lost their money. If you’ve been goxed, your coins were being held on a third party exchange that was either hacked or scammed its users, and now you’re a no-coiner. Spelled “Goxxed” or “goxed”.
Sh-tcoin
A sh*tcoin is a token based on vaporware, which refers to non-existent technology promoted through marketing and communication efforts. A shitcoin doesn’t have to be worthless, in terms of price, but just needs to have zero applications. Oftentimes, shitcoins are pump-and-dump schemes with value based on speculation.
Bagholder
A Bagholder is a person who purchases Bitcoin at the top of the market. It also refers to altcoins, many of which are pump-and-dump schemes.
An investor who has been hodling for too long, and is left to face the consequences. Also refers to the many pump-and-dump schemes involving thinly traded “altcoins” (cryptocurrencies that aren’t bitcoin, which function more like penny stocks) on the scene. Bagholder is often referred in the macro to people who don’t hold crypto, but only fiat-based assets.
Rekt
Rekt comes from “wrecked”. It denotes someone who made a bad investment, mostly due to buying or selling at the wrong time. For instance, a Bitcoiner sells his bitcoin holder, rendering him a no coiner, before the coins started going “to the moon”. That investor just got rekt. The term hails from online gaming, and means to utterly be destroyed or ruined.
Buy Wall
A buy wall results from a single huge buy order or multiple large buy orders made at the same price in the order book of a particular market. Buy walls can be created by a wealthy individual, group of traders or institutions.
To the moon!
This rallying cry refers to the sky-high price expectations by Bitcoin bulls. A derivative, “To mars!”, highlights even loftier expectations for the Bitcoin price. You can say, mooning, and common related questions, include “When Moon?” and “When Lambo?”
Choyna
Bitcoin slang for China, a country that is in many ways an epicenter of Bitcoin activity due to its active trading and mining industries. Prominent bitcoin trader Flibbr credits “Choyna”. Choyna is an imitation of Donald Trump saying “China”.
source/ learn for some practical examples of these words: https://changeoutput.com/what-is-hodl-a-guide-to-crypto-slang-like-to-the-moon-wreckt-bearwhale-and-more/
