I was back at it again, in the depths of Reddit reading up on some crypto stuff. And I came across some slang that I had to quickly google to get the gist of what the post was saying.
So I will google the slang so you don’t have to. Here are five more crypto slang words you need to know!
Shilling is when people promote their own preferred project. Meaning their advice on the project would be very biased.
Example: “Guys you have to buy into this new project, it’s lit”
“Brian is shilling again.”
FUD stands for “fear, uncertainty, and doubt”. It’s used when people want to spread false information about crypto.
Example: “You use crypto? The media says only criminals use those.”
“Bethany, that is so FUD.”
Forking is used to describe when a blockchain breaks into two different parts making it forked.
Example: Think of forking as a fork in the road, you either go right or left.
Diamond hands are when a trader or investor refuses to sell no matter what.
Example: “Did you hear Dan bought bitcoin back in the day?”
“Yea, and he refuses to sell. Him and his diamond hands.”
The first cryptocurrency is Bitcoin. Altcoin refers to any crypto that isn’t bitcoin.
An example of an altcoin would be dogecoin.
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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