Lingo topic · 36 terms
Crypto slang
HODL, FUD, WAGMI and the language of crypto Twitter.
A
B
- Bag HolderSomeone stuck holding a position that has collapsed in value, usually hoping it comes back.
- Bear WhaleA huge holder who dumps a massive amount of a coin, shoving its price down.
- Bitcoin MaximalistSomeone who believes Bitcoin is the only cryptocurrency that matters and dismisses almost all others.
- Bitcoin Pizza DayMay 22, the anniversary of the 2010 purchase of two pizzas for 10,000 bitcoin, an early real-world use of the coin.
D
- Dead CoinA cryptocurrency that has been abandoned: no development, almost no trading, and a price near zero.
- Diamond HandsSlang for refusing to sell through big drops and scary swings, holding on no matter what.
- DogecoinA cryptocurrency started in 2013 as a joke based on the Shiba Inu 'doge' meme, which became one of the best-known coins.
- DYORShort for 'do your own research': a reminder to check things yourself instead of trusting tips from strangers.
E
F
- F-You MoneySlang for having so much money that you never again have to do anything you don't want to, like going to work.
- FlippeningThe hypothetical moment when Ethereum's market cap overtakes Bitcoin's.
- FOMOFear of missing out: the urge to jump into a trade because price is moving fast and everyone else seems to be getting rich.
- FUDFear, uncertainty and doubt: negative talk, true or not, that makes people want to sell.
H
- Have Fun Staying PoorA smug crypto taunt aimed at sceptics, implying they'll miss out on getting rich.
- Herd MentalityFollowing what everyone else is doing, buying or selling because the crowd is, rather than for your own reasons.
- HODLCrypto slang for holding on to your coins through ups and downs instead of selling.
J
L
M
N
- NGMIShort for 'not gonna make it': crypto slang for someone whose choices supposedly doom them to failure.
- NocoinerCrypto slang for someone who owns no cryptocurrency, often a vocal sceptic.
- NoobSlang for a beginner, someone new to crypto or trading.
- Noob TrapAny setup, scheme or price move that lures in inexperienced traders and takes their money.
P
- Paper HandsSlang for someone who sells at the first sign of trouble or takes a tiny profit too early.
- PumpA sharp, fast price rise, or a push to drive a price higher, often through hype.
- Pump and DumpA scheme where insiders hype up an asset they already own to drive the price up, then sell to the late buyers before it crashes.
R
S
- Shiba InuA meme token launched in 2020, styled as a 'Dogecoin killer', with a supply in the hundreds of trillions.
- ShillSomeone who hypes a coin to get others to buy, usually because they own it or are being paid, often without saying so.
- ShitcoinCrude slang for a coin with little or no real value or purpose, often a meme or a scam.
T
W
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