Going through my twitter feed, I see more and more crypto slang being used - mainly to make things short and easy, but also, people like to show that they're OG's (we'll get to this in a few seconds).
So, to make it easier for you to decipher some of that hardcore slang on CT (crypto twitter) I compiled here a few of the most used crypto terminology. For a complete list of all crypto related terms, acronyms and other slang, please refer to my A-Z guide "Crypto Jargon" which I published two years ago. It's now in its third update and can be found on my website here.
Altcoin - any coin other than Bitcoin (alternative coin)
CT - as mentioned above this stands for Crypto Twitter.
OG - coming from Original Gangsta, it has a more broad meaning these days, referring to someone being Old School, in other words, someone with vast experience and knowledge in the field that it's being used for.
DYOR - stands for Do Your Own Research
WTFDIK or WDIK - What Do I Know (What The F%&^ Do I Know)
Mcap - Market Capitalization is the total evaluation of a coin (circulating supply x price)
Lowcap - a coin with a small marketcap
Noob - someone who is new to crypto
BTFD - Buy The F*%king Dip
TA - Technical Analysis
FA - Fundamental Analysis
ETF - Exchange Traded Fund
Addy - Wallet Address
PK - Private Key (safeguarding your coins/tokens)
PubKey - Public Key (your public wallet address)
ATH - All Time High
ATL - All Time Low
FUD - Fear, Uncertainty & Doubt (negative news or other bad content about a coin)
FOMO - Fear Of Missing Out (when people rush into buying a coin that is being hyped)
KYC - Know Your Customer (most exchanges require ID verification known by this acronym)
HODL - a misspelling of "Hold" that became a legit crypto term and means holding your crypto instead of selling it. Originally used for Bitcoin, later for altcoins too.
SL - (trading acronym) this stands for Stop Loss
TL - (trading acronym) Trend Line
TF - (trading acronym) Time Frame
POW - Proof Of Work (mining)
POS - Proof Of Stake (mining)
Pump'N'Dump - when a coin suddenly shoots up only to drop heavily back down soon after
Rekt - slang for Wrecked or in other words, losing loads of money in a bad trade
ROI - Return On Investment
APY - Annual Percentage Yield (similar to ROI but includes compounded earnings)
Long - buying
Short - selling
Whale - someone with a huge buying or selling power (capital)
ELI5 - Explain Like I'm 5 (years old)
Want more...?
Get my "Crypto Jargon" eBook. It consists of more than 800 terms, acronyms and trading slang explained in greater detail and easy to understand.
http://www.ojjordan.com/cryptojargon
It's now in its third update and can be found on my website here.
