

As many people become more aware and enlightened about cryptocurrencies and their immense capabilities and potential, this has also brought along a wave of traders (both seasoned and green) on platforms such as Bittrex, Poloniex etc.

Here are some terms to help you get started and also meanings to those who may have come across already.

ALTCOIN - Any cryptocurrency other than Bitcoin.

ASHDRAKED - A situation where you lost all your money.

BAGHOLDER - A person who buys and hold coins in large quantity hoping to make good profits in the future.

BEAR/BEARISH - Negative price movement

BTD - Buy the Dip (an indication to buy a coin when it has dumped 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/MARKETCAP - 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 wrongly predicting price movements.

RSI - Relative Strength Index

WHALE - Very Wealthy trader/Market mover

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