Chapter 3: Glossary

Cryptocurrency Trading terms and meaning

#ALTCOIN = Any crypto currency other than bitcoin.

#ASHDRAKED = A situation where you lost all your money.

#BAGHOLDER = A person who buys and holds 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

#DILDO = Long green or red candles

#DUMP = To Sell off a coin

#DUMPING = Downward price movement

#DYOR = Do Your Own Research

#FA = Fundamental Analysis

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

#FUD = Fear Uncertainty & Doubt

#HODL = Hold/Hold a position

#JOMO = Joy Of Missing Out

#LONG = Margin bull position

#MCAP = Market Capitalization

#MOON = Continuous upward movement of price

#OTC = Over The Counter

#PUMP = Upward price movement

#SAJ #CANDLE = Huge green candle

#SHITCOIN = A coin with no potential value or use

#SHORT = Margin bear position

#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

#WHALE = Very Wealthy trader/Market mover

#PnD = Pump and dump