Today we’re discussing Crypto Slangs which are mostly used in Crypto Twitter. which is the most trending terms on Crypto Twitter. most people don’t know that this is part-1 stay tuned for part-2
1, HoDL
This acronym means “hold on for dear life”. That one A popular misspelling of the word hold among cryptos What happened during the disturbance in the people’s market In 2013, this term was used in Bitcoin forums where The investor typed “I AM HODLING”. right now, An investor talked about how investors should buy Bitcoin to keep in their wallet, especially when there is high volatility in prices. After this time, Crypto slang is used to refer to how crypto Investors are holding on to their digital currency during turbulent situations.
2, FOMO
This means “fear of missing out”. Among cryptocurrency terms, FOMO refers to when investors are dealing with jealousy or anxiety or their condition is not active in the market. This is often the case because others on the market are benefiting from the power move that they haven’t. A rapidly rising market can lead investors to make bad decisions based on their emotions. The best way to avoid this is to have a working strategy for the crypto market you are investing in. The most popular cryptocurrency in this space is Slang.
3, ICO
ICO is crypto slang for initial coin offering. A company launches an ICO as a means of raising funds to build a new d-App, coin, or service. The Blockchain Ecosystem. Crypto investors receive tokens in return for their financial investment in the development of the project. In 2014, the Ethereum blockchain ICO raised $18 million within 42 days by offering Ether (ETH) tokens to investors.
4, FUD
FUD stands for “Fear, Uncertainty, and Doubt”, it is a popular technique used for propaganda. This psychology deals with a twisted or negative offer See about a crypto product or technology through unbiased information. The essence of this is to get an emotional response from people to stop them from buying. It could be a competing crypto project. However, this can lead to poor social media techniques In a false light by spreading fear, uncertainty, a Doubts about the product.
5, Sats
The smallest unit of Bitcoin is called Satosh15 OTC And the short form is “sat”. This is 0.00000001 BTC Which is equivalent to 100 millionth of a Bitcoin Price. This crypto slang was named after the founder of Bitcoin under the pseudonym Satoshi Nakamoto. This is useful in Bitcoin’s fractional denominations because the cryptocurrency is easily divisible. As the price of Bitcoin continues to rise, it has become expensive for investors to buy a single Bitcoin. This is why Sats are important
