COMMONLY USED CRYPTO ACRONYMS AND MEANING (Day 5)

...Cont'd

#FUD = Fear, Uncertainty, and Doubt.

It's a strategy followed by certain groups to create doubt and spread misinformation about a specific transaction or forecast price of competitors. FUD is one of the common strategies for reducing the price of a crypto asset and could burst economic bubbles in the crypto market.

#HODL = Hold On for Dear Life.

It is an important concept during high short-term volatility with continuous fluctuations in crypto prices. Upon the reduction in prices of crypto assets, owners should hold on to their assets rather than sell them off immediately for fear of losses. 

#GM = Good Morning.

denotes Good Morning and encourages positivity in the crypto space alongside the development of online relationships.