7 𝐂𝐨𝐦𝐦𝐨𝐧 𝐒𝐥𝐚𝐧𝐠𝐬 𝐔𝐬𝐞𝐝 𝐢𝐧 𝐂𝐫𝐲𝐩𝐭𝐨 𝐘𝐨𝐮 𝐌𝐮𝐬𝐭 𝐊𝐧𝐨𝐰 𝐚𝐬 𝐚 𝐁𝐞𝐠𝐢𝐧𝐧𝐞𝐫 (𝐈𝐭 𝐌𝐚𝐤𝐞𝐬 𝐘𝐨𝐮 𝐅𝐞𝐞𝐥 𝐀𝐦𝐨𝐧𝐠)
Before you continue…
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1️⃣Airdrop:
This is any FREE Crypto
sent to your wallet address for
performing certain tasks as a reward for
promoting a new coin at presale or after listing.
2️⃣FOMO:
Means "Fear Of Missing Out".
This is Jumping into the market
when it's likely to be overbought,
that's when the coin has shot up in price.
3️⃣HODL:
Means "Hold On for Dear Life".
This says that even if there is a price
decrease or increase, you don't sell but
hold till you see large profits later and sell.
4️⃣FUD:
Means "Fear, Uncertainty, Doubts". People
spread FUD, when they don't understand
Cryptocurrency or they do that to cause
panic for traders or holders to sell.
5️⃣Rekt:
Means to get "wrecked". When you get rekt,
this means you're liquidated or you're in
huge loss and most times it's because
of your lack of Crypto knowledge
6️⃣Whales:
Whales are the institutions
or a person with BIG money
enough to move a stable market
upward or downward. They are also
known as Market Makers with a lot of Bitcoins.
7️⃣SAFU:
It's a short term for "Funds Are Safe". This
is a term used by the team of an asset's
developers or exchanges to assure you
of safety when investing or holding.
Here's a BONUS point for reading this far:
DYOR:
Means "Do Your Own Research". This
means that before trading or investing
or taking financial advice from anyone
find out for yourself if it's safe or not.
Which is your favorite?
PS: 𝑭𝒊𝒓𝒔𝒕 𝒕𝒊𝒎𝒆 𝒔𝒆𝒆𝒊𝒏𝒈 𝒎𝒚 𝒄𝒐𝒏𝒕𝒆𝒏𝒕? 𝑻𝒉𝒆𝒏 𝑭𝑶𝑳𝑳𝑶𝑾 𝒎𝒆
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