Do you know all the cool crypto terms? HODL, ATH, REKT? Want to be the cool kid in school? Keep reading and you’ll be oozing with cryto coolness. In all seriousness, learning the crypto terms / slang is recommended.
Someone who believes that prices in a given market will decline over an extended period. Such a person might be referred to as “bearish.”
A person that is optimistic and confident that market prices will increase, this person is also known to be “bullish” about the market or price.
Here are a few of the more popular terms:
The acronym of Do Your Own Research — encouraging investors to complete due diligence into a project before investing.
An acronym that stands for “Fear, Uncertainty and Doubt.” It is a strategy to influence perception of certain cryptocurrencies or the cryptocurrency market in general by spreading negative, misleading or false information.
HODL – Hold On for Dear Life
A type of passive investment strategy where you hold an investment for a long period of time, regardless of any changes in the price or markets. The term first became famous due to a typo made in a Bitcoin forum, and the term is now commonly expanded to stand for “Hold On for Dear Life.”