***Cryptocurrency Trading terms and meaning ***
ALTCOIN - Any crypto currency other than bitcoin.
ATH – All Time High
Bagholder - 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 (an indication to buy a coin when it has dumped so hard)
BULL/BULLISH - Positive price movement
Dump - To Sell off a coin
Dumping - Downward price movement
DYOR - Do Your Own Research
FA - Fundamental Analysis
FOMO - Fear Of Missing Out
FUD - Fear Uncertainty & Doubt
Hard Fork - Radical change to the protocol.
HODL - Hold/Hold a position
ICO – Independent Coin Offering
Lambo - I'm gonna be so rich I can buy an overpriced Italian car.
Long - Margin bull position
MCAP - Market Capitalization
Moon - Continuous upward movement of price
OTC - Over The Counter
Pump - Upward price movement
Satoshi -Smallest separation of a Bitcoin. 0.00000001 BTC aka. 1 Satoshi = 1/1000000 BTC (SAT)
Shill - Someone trying to promote their coin.
Shitcoin - A coin with no potential value or use
Short - Margin bear position
Soft Fork - Change to the software protocol where only previously valid blocks/transactions are made invalid
Swing - Zig zag price movement (Upwards and downwards)
TA - Technical Analysis
Rekt - When you have a bad loss
Reverse Indicator - Someone who is always wrong predicting price movements.
RSI - Relative Strength Index
Wall - Whale or group putting a large order in to fix the price
Whale - Very Wealthy trader/Market mover
POS - Proof Of Stake
POW – Proof Of Work!
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