Cryptocurrency terms

Scrolling twitter hastags, reddit and other sites, having no clue what people are talking about? Well, when we started getting involved with crypto we didn’t have a clue either. Therefore we thought it would be great to have a guide about this.

Trading related terms

Fiat

  • Goverment issued currency, Euro/USD for example.

Exchanges

  • Markets where you can buy or sell cryptocurrency. check out our partnerlist for recommended exchanges.

Whale

  • A person who owns a massive amount of cryptocurrency.

Pump/Dump

  • People hyping up a coin, giving it alot of attension to pump the price up, later on the same people dump for profit.

Bullish

  • price is expected to increase, usually based on technical analysis or big news.

Bearish

  • price is expected to decrease, usually based on technical analysis or big news.

ATH

  • All Time High. The record high of a coin.

Altcoin

  • Alternative coins, usually everything else then Bitcoin is called a Altcoin.

ICO

  • Initial Coin Offering, SKRIV KLART

Market Cap

  • The total value held in a cryptocurrency. Market supply x the current price will give you the market cap.

TA

  • Trend/Technical Analysis. A prediction of which move the market will make next.

Arbitrage

  • Taking advantage of a different price of a coin in two exchanges.

FOMO

  • Fear Of Missing Out. Scared to miss out because it seems like the train is going.

ROI

  • Return Of Investment, basically how much you earn compared to intial investment. 100% ROI would mean that you have doubled your money.

FUD

  • Fear, Uncertaintly and Doubt. Someone who spreads fakenews in order to try to get a price drop.

Funny Terms

HODL

  • A long time ago, a drunk person on reddit, misspelled the word “Hold”. Read more about it here

Lambo

  • A lamborghini is something that everyone is gonna buy when they get rich of cryptocurrency.

Moon

  • When a coin is mooning it means that the price is increasing absurdly and fast.