Technical words for beginners
March 6th, 2023

💥CRYPTOCURRENCY TRADING TERMS WITH THEIR MEANING💥

🔵#ALTCOIN = Any crypto currency other than bitcoin.

🔵#ASHDRAKED = A situation where you lost all your money.

🔵#BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.

🔵#BEAR/BEARISH = Negative price movement

🔵#BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)

🔵#BULL/#BULLISH = Positive price movement

🔵#DILDO = Long green or red candles

🔵#DUMP = To Sell off a coin

🔵#DUMPING = Downward price movement

🔵#DYOR = Do Your Own Research

🔵#FA = Fundamental Analysis

🔵#FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)

🔵#FUD = Fear Uncertainty & Doubt

🔵#HODL = Hold/Hold a position

🔵#JOMO = Joy Of Missing Out

🔵#LONG = Margin bull position

🔵#MCAP = Market Capitalization

🔵#MOON = Continuous upward movement of price

🔵#OTC = Over The Counter

🔵#PUMP = Upward price movement

🔵#SAJ #CANDLE = Huge green candle

🔵#SHITCOIN = A coin with no potential value or use

🔵#SHORT = Margin bear position

🔵#SWING = Zig zag price movement (Upwards and downwards)

🔵#TA = Technical Analysis

🔵#REKT = When you have a bad loss

🔵#REVERSE INDICATOR = Someone who is always wrong predicting price movements.

🔵#RSI = Relative Strength Index

🔵#WHALE = Very Wealthy trader/Market

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