In every industry, there is a special language to make communication easy and efficient. Those abbreviations have a great impact on the industry, lets understand what they are.
List of abbreviations commonly used in cryptocurrency trading.
#Altcoins: Alternate cryptocurrency that is any cryptocurrency other than bitcoin #Bag Holder = A person who buys and hold coins in large quantity hoping to make good profits in the future. #Bear/Bearish = Negative price movements #Bull/Bullish= Positive price movement #Dump = To Sell off a coin #DYOR = Do Your Own Research #FA = Fundamental Analysis #FOMO = Fear Of Missing Out #FUD = Fear Uncertainty & Doubt #HODL = Hold/Hold a position #Long: Margin bull position #MCAP = Market Capitalization #Moon = Continuous upward movement of price #OTC = Over The Counter #Pump: Upward price movement #Shitcoin = A coin with no potential value or use #Short = Margin bear position #TA: Technical Analysis #REKT: When you have a bad loss #Whale = Very Wealthy trader/Market mover. #Weak Hand = a coin holder prone to selling at the first sign of a deep in price. #bitcoin #cryptocurrency #Write2Earn #TrendingTopic #bnb #btc #eth #manta