Ashdraked 👎🏻
Named after a Romanian trader who spectacularly failed in shorting bitcoin, this is the process of losing all your money by shorting bitcoin.
Astroturfing 👺
A misleading act performed where a sponsor is hidden, meaning it looks as if the marketing message broadcasted is strongly supported when it is not.
Bag 💰
One’s collection of a cryptocurrency as part of a portfolio. Usually refers to having a lot of one crypto (heavy bags).
BTFD 📉
Buy the F***** Dip. An animated expression used by a cryptocurrency’s supporters calling on others to buy whilst prices is at a low.
Source: 9Gag
Dead Cat Bounce 😿
A non-permanent improvement in prices after a massive drop.
Source: Investopedia
Diamond Hands 💎🙌🏻
An investor with high risk tolerance, able to stomach high volatility. They don’t panic sell!
Source: Reddit
Dolphin 🐬
Somebody who owns a moderate amount of a cryptocurrency.
DYOR 🤓
Do your own research.
ELI5 👶🏼
Explain Like I’m 5. Dumb it down.
Fiat 💵
Legal tender, which is backed by a central government, i.e. the US Dollar.
Fish 🐟
Somebody who owns an insignificant amount of a cryptocurrency. Vulnerable to the actions of whales.
FUD 🚨
Fear, Uncertainty, Doubt. A term brandished to those who try to change the perception of cryptocurrency through the distribution of misleading or negative information.
Source: Medium.com
GMI 🏆
Gonna make it. Used to appreciate oneself or others.
“Bought Bitcoin at $10,000. GMI.”
HODL 😰
Hold On for Dear Life. The strategy of holding onto an investment for a long period of time, regardless of any price swings.
JOMO 😏
Joy of Missing Out. Usually used when a no-coiner does not get involved with a cryptocurrency and it then plummets in value/is revealed as a scam after they could have bought in.
Moon 🌙
The process of a cryptocurrency’s price continuously going up.
“Wen moon?”
Source: Reddit
NGMI 😪
Not going to make it. Used to belittle oneself or others.
“Sold my Bitcoin at $5,000. NGMI.”
Probably nothing 🐸☕️
Means probably something. Used sarcastically.
“The US Government has just announced it will replace the Dollar with Dogecoin. Probably nothing.”
Ponzi Scheme ⚠️
A fraudulent scheme involving the generation of returns for the early investors using the money contributed by new investors.
Pump and Dump Scheme 💩
A scheme orchestrated by fraudsters where a securities price is artificially ‘pumped’ using misleading positive messages to attract new investors. The fraudsters then ‘dump’ the security at an inflated price and new investors are often left at a loss.
REKT 💀
Wrecked. A bad loss.
Rug Pull
When a cryptocurrency’s developers run away with investors funds. Similar to pump and dump.
Shilling 🪙
The act of passionately promoting a cryptocurrency.
Sh*tcoin 🚮
A coin with zero clear potential value or usage.
Weak Hands 🧻🙌🏻
An investor susceptible to panic selling as soon as the going gets tough.
Whale 🐳
An investor who owns a substantially large amount of crypto. Often able to manipulate the market.
CRYPTO LINGO. COMPLETED. ✅
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