The crypto world is advancing quickly and in its progression, new words, expressions and formulas are appearing. It seemed wise to us to tell you about it here.
If you only knew the term "Hodl", know that since then, other terms have appeared just as important. For those who do not know this term, know that it comes from a typo of a user who wanted to write "Hodl" (the fact of keeping and preserving) when talking about bitcoin. Thus, the community decided to keep this term "hodl".
1/ Pump & Dump
Pump & Dump is not a formula specific to the cryptosphere. It's rather a term that we have seen in the world of trading. This happens when a group of investors owns a large percentage of the supply of a low-priced token. So, they will do all the (media) work and push other investors to buy by saying that the token in question will increase in value. This creates an artificial effect on the market and therefore inevitably causes the price to rise (pump).
Once the price of the token climbs and is inflated, then early investors sell the tokens to cash in the profit. By selling en masse, they then create what is called a dump.
The crypto market is full of these kinds of tokens with people who created them only to pump and dump. They create these tokens only to make quick profits.
2/ A “bagHolder”
A bag holder is an investor who holds a token whose price is decreasing at the risk of losing all value. These bag holders are not necessarily aware of the drop in position value. Some would have even sold if he could/knew at a higher price. So, they end up being the last investors of this token and then have the image of people who have empty bags…
4/To the Moon (or Mooning)
This is clearly the most used term by the crypto community. We say "to the moon" to mean that the crypto will increase in value enormously.
5/ FUD (Fear, uncertainty and doubt)
FUD is a very common acronym that refers to the idea of fear, uncertainty and doubt to make a simple translation. People who are negative about the future of a crypto are called Fudders.
6/ Buy the Dip
Dip can be translated as a "plunge" but it refers to a drop and a rapid decrease in the value of an asset. Thus, dips form a trough on a chart (in a technical analysis). Many investors see drops as opportunities to buy tokens at the right time. These are a kind of flash sales.
7/ Diamonds Hand
You will find this expression rather in the form of an emoji with a diamond and a hand. This is what we find for example in Reddit forums or even on Twitter. This refers to the English expression of "Diamonds Hand" for those who are determined to keep their assets until their goals are achieved (financial for example) and no matter what happens on the market. They do not worry about market fluctuations.
8/ Diamonds Hand (Paper hands)
This is exactly the opposite expression of the Diamonds Hand. Paper hands (or weak hands) are those who quickly panic in the face of market volatility. They cannot bear to deal with the pressure and the slightest drop in an asset pushes them to sell directly. It is enough for him to read a negative article, a price drop, they do not insist and sell.
Some traders say that having “paper hands” can be profitable in the end. There is a saying that goes “paper hands are green hands”… It obviously depends on the circumstances and the cryptos…
Disclaimer: This content is for informational purposes and does not constitute financial advice. We strongly advise our readers to conduct their own independent research before committing to any investment.
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