FUD and HODL: How to Speak Cryptoslang (Published 2018) (2024)

FAQs

Where to read crypto articles? ›

The abbreviation FUD stands for “fear, uncertainty, and doubt.” People who propagate rumors regarding a coin's future are called “fudders” and spread fud.

The word “HODL” originated from a post on the Bitcoin Forum, a platform where investors can share their opinions about Bitcoin and the economy. On December 18, 2013, a forum member with the handle “GameKyuubi” wrote a post with a title called “I AM HODLING,” as “HODLING” is a misspelling of “HOLDING.”

The term “HODL” first appeared in an online cryptocurrency forum in 2013 as a misspelling of the word “hold” — a typo that readers quickly embraced.

BTFD, or Buy The F****** Dip, is trendy crude-speak that suggests purchasing an asset that's dropped in price or value.

Cryptosis or OCD (Obsessive Crypto Disorder)

Someone who desires to absorb every bit of information about cryptocurrency. According to The Merkle, Obsessive Cryptocurrency Disorder, or OCD, is a condition developed by investors and they become obsessive about it.

Key Takeaways. HODL is a crypto slang term meaning to buy-and-hold indefinitely. It implies not selling when markets go down or become volatile. Sometimes it is said to mean "hold on for dear life". HODL originated from a typo of "holding" as "hodling" in a 2013 online post.

Years after calling Bitcoin 'rat poison,' Warren Buffett just invested $1 billion in a crypto-friendly bank. Maybe cryptocurrency isn't “rat poison” after all? Those were once the words of Warren Buffett, the famous investor called the “sage of Omaha” for knowing things before the rest of the market.

What is the oldest platform to buy crypto? ›

Kraken is one of the oldest U.S. crypto exchanges, founded in 2011 during crypto's Paleolithic era. This platform offers a solid range of coins with very competitive trading fees.

Two months later, on March 17, 2010 Bitcoinmarket, the first cryptocurrency exchange went live.

The first Stablecoin: BitUSD

Launched in 2014, BitUSD was the first stablecoin issued as a token on the BitShare blockchain. The pioneering stablecoin was the brainchild of two prominent figures in the blockchain industry, Charles Hoskinson and Dan Larimer.

The first cryptocurrency was eCash, created by David Chaum's company DigiCash in 1990. There were several attempts to create a viable and accepted cryptocurrency before Bitcoin. eCash, B-money, Bit Gold, and Hashcash were very influential in Bitcoin's creation.

Taking profits from your crypto investment can be a smart way to make money from your coins without having to sell them. There are many different options for doing this, including investing in dividend stocks, using an exchange, or creating a mining rig.

Who is the best crypto analyst? The best crypto analysts are Anthony Pompliano and Vitalik Buterin.

Hidden Crypto Gems - These are relatively unknown or undervalued cryptocurrencies that have strong potential for growth but may require careful research and analysis to identify and evaluate their investment potential.

Global Search Volumes (monthly)

According to this report, Bitcoin by far has had the largest search volumes of all cryptos by a very large margin.

Coinbase is our pick for best crypto exchange for beginners because it offers a large number of supported cryptocurrencies, strong security, and advanced trading capabilities, all on an easy-to-use platform.

TradingView is by far the most popular charting and technical analysis tool for traders of all markets. In recent years, they have pushed to integrate their tool set with the most popular cryptocurrency exchanges and the results are impressive. Their online charting tools are open to both free users and pro users.

What is the easiest way to understand cryptocurrency? ›

A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of encryption technologies means that cryptocurrencies function both as a currency and as a virtual accounting system. To use cryptocurrencies, you need a cryptocurrency wallet.

Forefront Price(FF)

What Is FOMO in Crypto? While FOMO can be used in any social or business circ*mstance, FOMO in the crypto industry specifically refers to an intense feeling that you are missing out on the next big thing in the crypto space, and subsequently the opportunity to make large profits.

A cryptocurrency address (or public key) is a unique sequence of numbers and letters identifying wallets. Users use it to receive and send crypto funds. Each crypto address has a private key. Cryptocurrency owners need this private key to make transactions.

Trading compulsively or experiencing strong urges and cravings to engage in trading related activities. Experiencing stress, anxiety, a low mood, irritability, insomnia, anger or other unwanted and unhealthy mental health symptoms when trading or when unable to trade.

Bitcoin is controlled by its users, miners, nodes, exchanges, and developers worldwide. The bitcoin software can be created and improved by anyone. Ultimately, this strong network needs everyone to follow the very same system of regulations, and that is how consensus in Bitcoin is attained — by majority vote.

Cryptocurrency whales, or crypto whales, are individuals or entities that own large quantities of a specific cryptocurrency. Generally speaking, a crypto whale is an entity that holds enough digital currency to significantly influence market prices by trading significant amounts of coins and tokens.

(vulgar, slang, derogatory) Idiot.

Fear, uncertainty and doubt (often shortened to FUD) is a propaganda tactic used in sales, marketing, public relations, politics, polling and cults.

Microsoft Co-Founder Bill Gates described cryptocurrencies as “100 percent based on some sort of Greater Fool Theory.” The Greater Fool Theory states that the market will always have investors that are foolish enough to shell out money for an overvalued investment.

What crypto does Bill Gates own? ›

"I don't own any. I like investing in things that have valuable output," Mr Gates, 66, said. He explained that the value of companies is based on how they make great products and not just on how other people see them.

“I like investing in things that have valuable output. The value of companies is based on how they make great products. The value of crypto is just what some other person decides someone else will pay for it so not adding to society like other investments,” he said.

Litecoin was one of the original spinoffs of Bitcoin. Released in late 2011, Litecoin is very similar technically to Bitcoin. This makes litecoin the second-oldest surviving cryptocurrency.

Binance Coin is the native token of the highest trading volume crypto exchange in the world, and is the fastest growing cryptocurrency in terms of its relative performance versus Bitcoin since its inception.

The main attraction of the L.A. Live development, it is located next to the Los Angeles Convention Center complex along Figueroa Street. The arena opened on October 17, 1999; it was previously known as Staples Center until December 2021 when Crypto.com acquired the naming rights.

The top 5 stablecoins in 2023 may vary depending on market conditions, but some of the most popular ones currently include Tether (USDT), USD Coin (USDC), Binance USD (BUSD), Dai (DAI), and TrueUSD (TUSD). Tether (USDT) is the most widely used stablecoin and is pegged to the U.S. dollar.

A stablecoin is backed 1:1 if, for every stablecoin in circulation, there are assets worth an equivalent amount backing it. In the case of stablecoins backed by a U.S. dollar, it'll keep its value as long as the stablecoin is redeemable for the U.S. dollar.

What is the most valuable crypto token? ›

The first Altcoin was Namecoin, developed based on the codes of Bitcoin in April 2011. As of March 2021, there are around 9000 cryptocurrencies available in circulation. Altcoin constitutes 40% of the cryptocurrency market, according to a report by CoinMarketCap.

According to historical data at Investing.com, Bitcoin's price never broke above $0.40 per bitcoin in 2010 but did manage to hit that level in early 2011. Then in February, it crossed $1.

As long as you are holding cryptocurrency as an investment and it isn't earning any income, you generally don't owe taxes on cryptocurrency until you sell. You can avoid taxes altogether by not selling any in a given tax year.

Can You Cash Out Bitcoins Tax-free in the U.S.? Some people can cash out Bitcoins tax-free in the U.S. Investors who do not exceed a $78,570 income can cash out at a 0% capital gains tax rate. You can also avoid taxes by investing Bitcoin in strategic investment accounts or modifying your citizenship.

The top ways to make money with Cryptocurrency in 2023 are mainly from investing, trading, and staking. Intro: Cryptocurrency has been around for more than a decade and is rapidly becoming a popular way to make money online. The cryptocurrency market is extremely lucrative.

Understanding support and resistance are one of the most crucial parts of reading a crypto chart. Support levels in charts refer to a price level that the asset does not fall below for a fixed period. In contrast, resistance level refers to the price at which the asset is not expected to rise any higher.

Best Crypto Chart App & Websites

Tradingview (overall best for crypto charting) MetaTrader 4 (best for advanced technical traders) Insillico Terminal (best for custom indicators) Coinigy (best for altcoin charting)

What are the 4 types of cryptocurrency? ›

Q #1) What are the four types of cryptocurrency? Answer: The four major types include utility, payment, security, and stablecoins. There also are DeFi tokens, NFTs, and asset-backed tokens. Of all cryptocurrencies, the most common are utility and payment tokens.

Our most popular cryptocurrency white papers are the Bitcoin Whitepaper, Ethereum Whitepaper and the Binance Whitepaper.

What is cryptocurrency? Cryptocurrency is decentralized digital money that is used on the internet. Cryptocurrency adheres to a decentralized form of governance and control, as opposed to a central banking authority. Cryptocurrency operates through distributed ledger technology, known as blockchain.

The body of each candlestick represents its opening and closing prices, while the top wick represents how high the price of a cryptocurrency got during that time frame, and the bottom wick represents how low it got.

Traders will often pinpoint support and resistance levels using trendlines, which are simply the solid lines on a crypto chart that connect an asset's prices. An uptrend or ascending line indicates that demand is higher than supply, while a downtrend or descending line suggests the opposite.

On most crypto charts, a green candle indicates a bullish move or an increase in price. Meanwhile, a red candle indicates a bearish move or a decrease in price. A candlestick with almost no body and long wicks, on the other hand, indicates that neither buyers nor sellers are in control.