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Author Topic: Few abbreviations to know on the crypto space.  (Read 240 times)
AmaGold70
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June 20, 2025, 09:11:51 PM
 #21



Quote
1.Altcoins: Alternate cryptocurrency that is any cryptocurrency other than bitcoin
2.Bag Holder = A person who buys and hold coins in large quantity hoping to make good profits in the future.
3.Bear/Bearish = Negative price movement
4.BTFD = Buy The Fucking Dip
5.Bull/Bullish= Positive price movement
6.DILDO = Long green or red candles
7.Dump = To Sell off a coin
8.DYOR = Do Your Own Research
9.FA = Fundamental Analysis
10.FOMO = Fear Of Missing Out
11.FUD = Fear Uncertainty & Doubt
12.HODL = Hold/Hold a position
13.Long: Margin bull position
14.MCAP = Market Capitalization
15.Moon = Continuous upward movement of price
16.OTC = Over The Counter
17.Pump=Upward price movement
18.Shitcoin = A coin with no potential value or use
19.Short = Margin bear position
20.TA=Technical Analysis
21.REKT=When you have a bad loss
22.Whale = Very Wealthy trader/Market mover.
23.Weak Hand = a coin holder prone to selling at the first sign of a deep in price.
The newbies will really find this thread educative because when I was still a newbie in the forum I had a tough time understand these abbreviation anytime I see a user use it, even as a full member now I still got to know it all recently so thank you for sharing this.

Just to be clear, whale is a group of people that buy/trade in large quantity or is it just an individual?
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June 20, 2025, 09:29:07 PM
 #22

Normally, I believe say all of us way come in to the forum with small knowledge and Pipo way no get any single knowledge about the crypto space really see all those tings way make us been dey confused one way or the other. But lucky we dey catch up. Sometimes we really need to use Google to search for anything way we no understand, Internet don make tings easy for us, so if we see watin we no understand the mean for anywhere (even inside the forum or the real world) make we try make research or ask question for forum. Mostly if nah crypto related things. Help dey the forum sha, and nah for free. For some platforms you go must pay before you learn register not to talk of learning.
You do well to share for our new comer into the industry to know things and things wey dey necessary but overlooked, some people go overlook am based on say no be small abbreviation? Wetin con concern me with am, but wetin those people wey dey talk like this no know be say, e matters in the small.

When you use am discuss with professional or in a podcast among brainers, you'll understand that it's above just ordinary followers.


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June 21, 2025, 05:31:57 PM
 #23

Having a comprehensive knowledge about these crypto acronyms and what they stand for is actually crucial in been able to communicate effectively in a crypto community like this, and as such, I thought it will be wise if those newbies who literally don't know what these acronyms stand for, can possibly do their own research. Because the truth of the fact is that if newbies wait for all information to be posted here before they could learn, it won't literally make any sense, and as such, I was able to add just buy a few to O.P's list as shown below,

BTFD = Buy The Fing Dip
ATH = All-Time High   
ATL = All-Time Low   
DCA = Dollar Cost Averaging   
ICO = Initial Coin Offering   
IDO = Initial DEX Offering   
DeFi = Decentralized Finance   
NFT = Non-Fungible Token   
KYC = Know Your Customer   
DAO = Decentralized Autonomous Organization
LP = Liquidity Provider   
CEX = Centralized
DEX = Decentralized

Some newbies will prefer to get information from this forum to avoid getting scammed easily in the space because we are seeing a lot of misinformation everywhere related to crypto, and any scammer will guide you according to how they want you to be, they will direct you in the wrong hand so that you will not know the truth.

It is indeed good to do some research about somethings like these abbreviations, they can’t rely on the forum to open everything up.
 However, these things you also added are very important because we use them more often when posting in the forum, this will reduce their search work since they can get it right here easily.

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June 21, 2025, 06:33:41 PM
 #24

But do you actually know that we can still Hold On for Dear Life?
Do you know that there are early investors that have been Holding bitcoin for a long time, what they only do is to take profits and not sell off all the bitcoins in their portfolio and it will even be a very wrong approach to consider selling off all your bitcoins at a go without holding part of it your custody, therefore the part you left is the HODL. My concept may be funny but that is what it is because you can't tell me that as a bitcoiner, you will sell all your bitcoins one day and never own bitcoin anymore in your custody.

I believe that everyone's idea of HODL is to hold for a long-term which is for as long as possible, atleast for a decade or more, it's very possible to Hodl for that period but then asides Satoshi I don't know anyone, atleast I've not seen prove of anyone that's been holding since the early days till this point without selling some portions, it's not as if it's not realistic but people would definitely sell off some portions when they've met their target but the wrong idea of it is selling off everything when one has met their target cause it makes the ideology of holding a waste of time, why would anyone even hold for a long period then sale off every stash of what they're holding?

 
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