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Author Topic: List of abbreviations commonly used in cryptocurrency trading.  (Read 90 times)
BTC_Mouse (OP)
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January 18, 2021, 06:50:47 AM
Last edit: January 18, 2021, 03:25:32 PM by BTC_Mouse
 #1

List of abbreviations commonly used in cryptocurrency trading

Altcoins : Alternate cryptocurrency that is any cryptocurrency other than bitcoin
Bag Holder : 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
Bull/Bullish : Positive price movement
DILDO : Long green or red candles
Dump : To Sell off a coin
DYOR : Do Your Own Research
FA : Fundamental Analysis
FOMO : Fear Of Missing Out
FUD : Fear Uncertainty & Doubt
HODL : Hold/Hold a position
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
TA : Technical Analysis
REKT : When you have a bad loss
Whale : Very Wealthy trader/Market mover.
Weak Hand : A coin holder prone to selling at the first sign of a deep in price.
ATH= All-time high
ATL= All time low
Dump=Downward price movement
DeFi=  decentralized finance (nowadays very popular)
TA = Technical Analysis or Trend Analysis
ALT or Altcoin = Alternative Cryptocurrency
DCA = Dollar Cost Averaging
ICO = Initial Coin Offering
KYC = Know Your Customer

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January 18, 2021, 07:55:54 AM
 #2

Terminology . Please check.

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January 18, 2021, 10:43:35 AM
Merited by BTC_Mouse (1)
 #3

DILDO : Long green or red candles
I'm familiar with most of those except this. Is this really existing?  Tongue

You forgot to mention about ATH --> all-time high.

And for some other that you missed, it's on here. --> https://www.fxcm.com/markets/insights/the-most-popular-cryptocurrency-terms-and-phrases/



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January 18, 2021, 10:51:24 AM
Merited by BTC_Mouse (1)
 #4

you can also add
ATH= All-time high
ATL= All time low
Dump=Downward price movement
DeFi=  decentralized finance (nowadays very popular)
TA = Technical Analysis or Trend Analysis
ALT or Altcoin = Alternative Cryptocurrency
DCA = Dollar Cost Averaging
ICO = Initial Coin Offering
KYC = Know Your Customer
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January 18, 2021, 03:25:19 PM
 #5

you can also add
ATH= All-time high
ATL= All time low
Dump=Downward price movement
DeFi=  decentralized finance (nowadays very popular)
TA = Technical Analysis or Trend Analysis
ALT or Altcoin = Alternative Cryptocurrency
DCA = Dollar Cost Averaging
ICO = Initial Coin Offering
KYC = Know Your Customer


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January 18, 2021, 11:38:25 PM
 #6

DILDO : Long green or red candles
I'm familiar with most of those except this. Is this really existing?  Tongue
How could you not know one of the funniest of them  Grin
I have known  DILDO since the old days of Etherdelta. Etherdelta seemed to be so prone to them due to the nature of their smart contract back then.



Not sure if these should be abbreviations or terminologies.
I think you should include AML - Anti Money Laundering next to KYC

1. ASK - Sell orders
2. BID - Buy orders
3. P/L(PnL) - Profit or Loss  (Profit and Loss)
4. TxID -  Transaction ID
5. SL (S/L) - Stop Loss
6. TP (T/P) - Take Profit

I am surprised you didn't include Technical indicator abbreviations like

1. MACD - Moving Average Convergence Divergence
2. RSI - Relative strength indicator
3. EMA - Exponential Moving Average

etc

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January 18, 2021, 11:59:07 PM
 #7

DILDO : Long green or red candles
I'm familiar with most of those except this. Is this really existing?  Tongue
Lol, I never know this abbreviation, is that the real means?  It seems irrelevant meaning.  Try to research in Google it has a bad meaning. Cheesy

There's a lot of common abbreviations and also there are not uncommon.

In addition,
JOMO - Joy Of Missing Out
and there are more, you can improve OP by adding more and look at the article I posted below.


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January 19, 2021, 12:55:46 AM
 #8

Terminology . Please check.
As stated here, it seems that OP's forgot what abbreviation means because there are some on the list that are not abbreviations like Whale, Dump, Moon, Weak Hand, Shitcoin, REKT, Bear, Bag Holder, Altcoin, Bull, Long, Short, DILDO and Pump. To make it more sound correct, I would edit abbreviation into Lingo or something the realm so like Bitcoin Lingos because I feel that it is more broad and generalized. On a side note, this is a pretty helpful guide through the language culture of bitcoin community/trader community, never knew some of them until now, especially that DILDO one, pretty naughty one if I may say.
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January 19, 2021, 05:56:17 AM
 #9

I think you also forgot thess terminologies related to trading, too;

- ROI -Return of Investment
-TA -Technical Analysis
-DES -Data Encrytion Standard

Well, there are some that I am not familiar with that good thing I've read it today.

Theres an old thread that have complete terminologies in different fields. You can check it out;

- https://bitcointalk.org/index.php?topic=126798.0
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January 19, 2021, 07:43:19 AM
 #10

Terminology . Please check.
As stated here, it seems that OP's forgot what abbreviation means because there are some on the list that are not abbreviations like Whale, Dump, Moon, Weak Hand, Shitcoin, REKT, Bear, Bag Holder, Altcoin, Bull, Long, Short, DILDO and Pump. To make it more sound correct, I would edit abbreviation into Lingo or something the realm so like Bitcoin Lingos because I feel that it is more broad and generalized. On a side note, this is a pretty helpful guide through the language culture of bitcoin community/trader community, never knew some of them until now, especially that DILDO one, pretty naughty one if I may say.

Exactly! Abbreviations is a shortened form of a word.
Most of these words are the kind of slang words used in crypto space/trading. And I don't think it's necessary to know all these abbreviations and slang as long as you're well knowledgeable on your investment and trading journey.
I doubt that "Dildo" phrase ain't really familiar from most of us, so that doesn't count as a common abbreviation/slang.
When you say Dildo the first thing that comes to my mind is the women's toys lol.

R


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January 19, 2021, 08:20:14 AM
 #11

DILDO : Long green or red candles
I'm familiar with most of those except this. Is this really existing?  Tongue
How could you not know one of the funniest of them  Grin
I have known  DILDO since the old days of Etherdelta. Etherdelta seemed to be so prone to them due to the nature of their smart contract back then.
I'm not really aware of that abb.  Tongue

That's why I don't know about its existence and asked it on OP about it. Well, thanks to all of you guys, there's just another abb. that's added on my list too which we both agree the funniest of them all.



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January 19, 2021, 11:38:32 AM
 #12

DILDO : Long green or red candles
I'm familiar with most of those except this. Is this really existing?  Tongue
Same. I never saw that even with chat groups of traders.  Grin
In addition,
JOMO - Joy Of Missing Out
and there are more, you can improve OP by adding more and look at the article I posted below.

Thanks, that's also new to my list.
I always thought it was just FOMO. Perhaps I am too basic or just old school.  Grin
I may need to update myself with this just in case I will be talking to someone who mostly uses abbreviations.

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