*TIPS YOU NEED TO* *KNOW IN CRYPTO* `

*These are some short* *terms we use in crypto*

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*DIP*- Decrease In Price

*PUMP* - Increase in price

*BULL*- Bullish season (Pumps)

*BEAR*- Bearish season (Dumps)

*DEFI*- Decentralized Finance

*DEX* - Decentralized Exchange Pancakeswap, Poocoin, Uniswap, Sushswap, etc

*CEX*- Centralized Exchange e.g Binance, Bybit, Mexc etc

*DW*- Decentralized Wallets e.g Metamask, Trust wallet, Bitkeep wallet, Okx wallet etc

*P2P*- Peer to Peer

*NFT*- Non Fungible Token

*ATH* - All Time High

*ATL* - All Time Low

*ALT*- Altcoin e.g Ethereum, Binance, Tron etc

*DAPP*- Decentralized Application

*DAO* - Decentralized Organinzation

*DYOR*- Do Your Own Research

*NFA* - Not A Financial Advice

*EVM*- Ethereum Virtual Machine

*FOMO* - Fear Of Missing Out

*FUD* - Fear Of Uncertainty and Doubts

*HODL* - Hold On For Dear Life

*MC* - Market Cap

*LP* - Liquidity Pool

*KYC*- Know Your Customer

*POS*- Proof Of Stake

*POW*- Proof Of Work

*ICO* Initial Cex Offering

*IDO* Initial Dex Offering

*IEO* Initial Exchange Offering

*Whale* A wealthy person in crypto that hold large amount of Coins

*RUG PULL* A scam project or a project that later turns scam

*Dev* Developer of a project

*AMA* Ask Me Anything

*PRESALE* A sale before a token launch

*AIRDROP* A reward for doing task.