Do you find yourself on Reddit trying to read up on some crypto threads and then getting lost by the slang? Same here.
That’s why I decided to write this article. Here are 5 common crypto slang you will encounter in the space sooner or later.
BTFD means “buy the fucking dip”. This is a way to encourage people to buy when the price is low- aka then the market dips.
Example: The market is down, BTFD.
DYOR means “do your own research”. This is meant to encourage people to research for themselves and come to their own conclusions on the markets. This is a common response in the crypto space when people ask for advice on buying, selling, or trading.
Example: You want to know how much to invest in ethereum? You need to DYOR, it’s not for everyone.Did you #DYOR lately? @_cryptocurrent_ discusses the 5 #cryptoslang you need to know ASAP. Read more here: Click To Tweet
This means “we’re going to make it” or “we are going to make it”. This is used in online trading spaces to show major good news related to their investments.
Example: Whoa, BTC looks like it’s about to reach an all-time high, WGMI!
Someone who gets super bullish about a project or piece of news. Then they go on to preach overzealously about pricing predictions.
Example: Bro, can you chill? ETH is not going to make it there, you’re being a total moonboy right now.
A whale is what we call large investors that influence the market. They have a lot of cryptocurrency investments across a variety of coins.
Example: Ok Google, is Elon Musk a Dogecoin Whale?
I hope this article has helped you learn some new words to help you navigate your crypto journey. If you liked learning crypto slang, check out our TikTok channel where we explain more crypto slang. Go down the rabbit hole 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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