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A Brief Guide and Some Important Words for Crypto Beginners

A Brief Guide and Some Important Words for Crypto Beginners

👉Kyc - Knownyour coustmer

👉Fomo - Fear of missing out

👉Pos - proof of stake

👉Pow - proof of work

👉P2p - peer to peer

👉Dyor - Do ur own research

👉Masternode - Holding a large amount of coins in specific wallet

👉ATH - All time high

👉Fork - when a blockchain make another branch

👉Fud - Fear, uncertainty and doubt

👉Whale - Big coin holder

👉pump - goes up

👉Dump - Goes down

👉Hodl - Hold coin (don't sell)

👉Noobs - Newbies in crypto

👉Ico - Initial coin offering 

👉Ponzi - fake scheme

✔️ #Altcoin
Any Crypto Currency other than bitcoin

✔️ #BEAR/#BEARISH  Negative price movement

✔️ #BULL/#BULLISH
Positive price movement

✔️ #DILDO
Long green or red candles

✔️ #DUMP
To Sell off a coin

✔️ #Dumping
Downward price movement

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

✔️ #HODL
 Hold/Hold a position

✔️ #LONG
Margin Bull Position

✔️ #MCAP
Market Capitalization

✔️ #MOON
Continuous upward movement of price

✔️ #PUMP
Upward price movement

✔️ #SAJ #Candle
Huge green candle

✔️ #SHITCOIN
A coin with no potential value or use

✔️ #TA
Technical Analysis

✔️ #RSI
Relative Strength Index

✔️ #WHALE
 Very Wealthy trader/Market mover.

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