🔵 Terms that are very important for you to know as a beginner in the field of digital currencies
Let's start 👇
📊 DEFI = Decentralized Finance (Decentralized Finance)
💱 LSD = Liquid Staking Derivatives
(Symbols representing currencies that are locked in staking)
🏦 Staking =
(Lock your currencies on a specific network and earn rewards)
↗️ ATH = All time High (The highest peak achieved by the currency)
📉 ATL = All time Low (The lowest bottom achieved by the currency)
🔗 TX = Transaction (Transaction)
🐂 Bull Market = (The bull market)
🐻 Bear Market = (The bear market)
😥 FOMO = Fear Of missing out (Fear Of Missing Out)
✍️ DYOR = Do your own research (Do your own research)
🐳 WHALE = ( Whale )
😞 REKT = Wrecked (meaning you were scammed or lost a big deal)
💪 HODL = Hold (hold on to your currency)
🚀LFG = Let's Fucking Go (used to create excitement and enthusiasm about a currency or project)
🚨 FUD = (fear and doubt about a project or currency and spreading bad news about it)
💎 Diamond Hands = (diamond hands do not sell the currency except after a long period)
🧻 Paper Hands = (paper hands do not hold the currency except for a very short period)