Friday, May 24, 2024

technoguf.com

Terms You Must Know About Cryptocurrency Market

In the cryptocurrency world people talk in short and some code words . the words which you should know before interning the cryptocurrency world. 

  1. HODL –  Hold on for your dear life. It means holding a coin for the long term and not selling it. 
  2.  Altcoin – Every cryptocurrency other than bitcoin.
  3. FOMO – Fear of missing out. Fear of losing the bull trend of a coin.
  4. JOMO – Joy of missing out, Happy you didn’t buy a coin
  5. Moon – Where everyone wants their coin to go.
  6. Bag Holder – Someone who is holding a lot of coins in the hopes that it will go up in the future.
  7.  Shitcoin – A worthless coin with no real value
  8. Dump – Downward price movement or a decision to sell a coin
  9. DYOR – Do your own research
  10. FUD – Fear, uncertainty and doubt
  11.  Whale – A Big Investors trader with a lot of money. 
  12.  Mining – The process of verifying transactions on the blockchain. 
  13.  Long – A decision to hold onto a coin or decision of buying.
  14.  REKT – When a coin goes down sharply and you have a bad loss
  15. Lambo – The car that many people want to buy after becoming rich.
  16. Swing – Rapid change of  price of a coin. 
  17. Pump – Effort to boost a coin by buying a lot of it all at once.
  18. Bearish – When the sentiment on a coin is negative or Downtrend
  19.   Bullish – When the sentiment on a coin is positive or Uptrend.
  20.   Exchange – Websites that allow you to purchase and sell cryptocurrencies
  21.   FIAT – Currency which is issued by a government
  22. TA – Technical analysis
  23. ATH – All-time high
  24. FA – Fundamental analysis
  25. MCAP – Market capitalization
  26.  Shill: Make a hype of coins in the market.
  27. Short: Prediction on ‘price will go down’.
  28. ICO: Initial Coin Offering
  29. IDO: Initial Dex Offering
  30. DeFi : Decentralized Finance

Get notified whenever we post something new!

Continue reading

Devika: Pioneering the Future of AI Software Engineering👩‍💻

Meet Devika, a cutting-edge AI software engineer who has the potential to completely transform the coding industry. Devika is a true artificial intelligence game-changer because of her unmatched abilities to interpret difficult commands, do exhaustive research, and write code...

Discover the Best 5 Penny Stocks for Smart Investments

Discover the top 5 penny stocks you may purchase now for profit. Get started with sensible investing now! 📈What Is a Penny Stock?Penny stocks, priced at less than $5 per share, have a lot of risk but can promise...

Best Shitcoins to Buy in 2024: Don’t Miss Out 🚀

Explore the best Shitcoins to Buy in 2024 and seize the best investment opportunities! Stay ahead in the crypto game.Many initiatives execute tasks in the broad cryptocurrency ecosystem, from governance tokens to value storage. But there are also "shitcoins"...