🚨🚨 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 )