| Airdrop |
A Crypto Airdrop is when a blockchain project or ICO distributes free tokens or coins to the cryptocommunity. |
| ATH |
“All Time High” – highest price milestone that a coin/token has achieved |
| Bag holder |
An investor who is holding a cryptocurrency which continues to decrease in value and has little prospect for recovery. |
| Bounty |
In a bounty program, the ICOs provide compensation to participants for a number of tasks in marketing and bug reporting. The reward is usually in that ICO’s tokens |
| BTFD |
“Buy The F*cking Dip” – when the market is in a downturn |
| Crypto bulls |
Optimistic about market prices and fluctuations |
| Crypto whales |
Massive crypto holdings – a significant proportion of a coin’s circulating supply. Can affect the market by dumping. |
| Crypto bears |
Pessimistic about market prices and fluctuations |
| dApp |
Applications written in the blockchain, which means it’s a decentralized application aka Dapp.’ |
| DYOR |
“Do Your Own Reseach” – very important in crypto! |
| FOMO |
“Fear Of Missing Out” – don’t be a FOMO, do your homework first. |
| FUD |
(Spreading) Fear, Uncertainty and Doubt – demeaning a coin by calling it a scam to induce investors into selling their coins, driving the market price down. |
| FUDster |
Someone who spreads FUD |
| Hashing |
The encryption process where computers use cryptography to verify the block and create a digital signature. |
| Hodl |
Reportedly a Bitcointalk user’s typo during Bitcoin’s huge crash in 2013. HODL is now jargon for long-term investor cryptocurrency trader – holding on despite market prices dropping. |
| ICO |
Initial coin offering – crowd sale that offers the opportunity to purchase digital coins from a new blockchain project |
| Market cap |
Price per coin x circulating supply |
| MEW |
My Ethereum Wallet – an Ethereum-based digital wallet |
| MVP |
Minimal Viable Product |
| Noob |
New to crypto |
| One Satoshi |
The minimum quantity of transferable bitcoin = one hundred millionth of a bitcoin (0.00000001 bitcoins) |
| Phishing |
Posing as a reputable company or buyer in order to induce indviduals to reveal personal information/wallet information |
| Prices tanked |
Meaning dropped (stock term) |
| Private key |
The key to open your wallet |
| Proof of Work |
Roughly a method where blockchain transactions are verified with computing power |
| Public key |
Publicly accessible “key”, in crypto currency jargon your wallet |
| Pump and dump |
A co-ordination of investors collectively buying a coin which boosts the price (pump) then sells the coin at a profit (dump). As the selling continues, the price crashes. |
| Security pairs |
A cryptocurrency which is backed by a tradable asset and designed to be a company’s share. |
| Trading tokens |
Describes a trade between one type of cryptocurrency and another. For example, the “trading pair” ETH/BTC. |
| Utility tokens |
Cryptocurrency that can be used with a particular product or service |
| When moon |
Investors ask this to know when the coin is expected to increase dramatically. |
| When lambo |
Once a coin, or more coins, reaches the moon, the investor is able to purchase their expensive vehicle of choice: eg. a Lamborghini. Hopeful investors often ask “when lambo” to see when their coin will reach significant value |
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| Trading Animals |
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| The Bear |
Believes the market will be going down and plays the short side |
| The Bull |
Very optimistic about the market and buy lots of coins/tokens |
| The EWhale |
Has the power to move prices when it buys and sells because of the amount of tokens they hold. |
| The Pig |
Likes to trade big and often. The pig does not know how to exit a winning trade. |
| The Shark |
Gets into trades, makes money and moves on to the next opportunity – not interested in complicated theories |
| The Chicken |
Fears losing money so does not trade with much size or good entries. |
| The Rabbit |
Trades on a time frame of minutes. Makes quick profits during the day and no overnight risk. |
| The Sheep |
Part of a majority and follows a guru. Usually the last one into an uptrend and last one out of a downtrend. |
| The Wolf |
Trades at the market turning points. |
| The Turtle |
Slow to buy, slow to sell, and trades on the long-term time frame. Tries to trade the least amount possible to make as much as possible. Concerned about the end of day result. |
