Friday, August 10, 2018

A VIEW AT BLOCK CHAIN TECHNOLOGY series 5

COMMON TERMS IN CRYPTO TRADING WITH THEIR MEANINGS



1. Altcoins: Alternate cryptocurrency that is any cryptocurrency other than bitcoin

2. ASHDRAKED:  A situation where you lost all your money.

3. Bag Holder = A person who buys and hold coins in large quantity hoping to make good profits in the future.

4. Bear/Bearish = Negative price movement

5. BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)

6. Bull/Bullish= Positive price movement

7. DILDO = Long green or red candles



8. Dump = To Sell off a coin

9. Dumping: Downward price movement

10. DYOR = Do Your Own Research

11. FA = Fundamental Analysis

12. FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)

13. FUD = Fear Uncertainty & Doubt

14. HODL = Hold/Hold a position

15. JOMO = Joy Of Missing Out

16. Long:  Margin bull position

17. MCAP = Market Capitalization

18. Moon = Continuous upward movement of price

18. OTC = Over The Counter

19. Pump= Upward price movement

20. Saj candle= Huge green candle

21. Shitcoin = A coin with no potential value or use

22. Short = Margin bear position

23. Swing = Zig zag price movement
(Upwards and downwards)

24. TA= Technical Analysis

25. REKT= When you have a bad loss

26. Reverse Indicator= Someone who is always wrong predicting price movements.

27. RSI = Relative Strength Index

28. Whale = Very Wealthy trader/Market mover.

29. ICO= Intial coin offering otherwise know as IPO

30. Weak Hand = a coin holder prone to selling at the first sign of a deep in price.

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