🚨🚨 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 the currencies that are 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 ( It means 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 )