Crypto Glossary: Essential Market Terms
HODL: Strategy of holding cryptos for the long term, regardless of fluctuations.
Dump: Massive sale that drops the price.
Pump: Rapid increase in value, often artificial.
Whale: Investor with a large amount of crypto that can influence the market.
FOMO: Fear of missing out on an opportunity, leading to impulsive purchases.
ATH: Highest price of a crypto in history.
Bear/Bull Market: Periods of bear and bull market, respectively.
DYOR: Do your own research before investing.
Altcoin: Any crypto other than Bitcoin.
Bagholder: Investor trapped in devalued assets.
Understanding these terms will help you navigate the crypto world more safely.