There I was, scrolling through Reddit where I ran into some slang topics I didn’t know. So, I decided to make this article so you can learn the words most needed to navigate the crypto space.
Here are 5 Crypto Slang You Need To Know in the crypto space!
This is used when a token or coin reaches the highest point in the token or coin’s history.
Example: Bro, have you checked today? Bitcoin has hit an all-time high!
This is someone who holds their coins or tokens for a long time because they think their money is worth more than it actually is.
Example: Eric is still holding on to that currency, he’s such a bagholder.
Flipping is when Bitcoin has a lower market value than Ethereum.
Example: I cannot believe the flipping that is happening. ETH is almost 5% higher than BTC right now.
Need more #CryptoSlang in your life? Look no further. We broke down five words you need to know here: Click To Tweet
Rugged essencial is used to mean scam.
Example: Don’t invest in that if you don’t want to be rugged.
Return On Investment (ROI)
According to Investopedia, ROI is a measurement to see the efficiency or profitability of an investment. The higher the ROI, the better.
Example: Emily, I can’t believe your portfolio grew its ROI by 10%. That’s so impressive!
I hope this can help you navigate your crypto experience a little more! These were 5 Crypto Slang You Need To Know in the crypto space! Now you are closer to understanding the world of crypto!
Did you know we have part one of this series? The more slang you know, the better you can navigate the space. You can check out the rest of our series here.
Rose is the lead editor for crypto current and she has a bachelor’s degree in business with a major in Marketing. Rose discovered her love for this field while traveling to 5 different countries across the globe for volunteer work. During her travels, she learned the importance of freedom and how cryptocurrency can offer a ton of opportunities for freedom. When she is not working you can catch her binge-watching tv, playing her Nintendo switch, or taking Korean lessons!
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