Terminology and Abbreviation Guide for Noobs

I wanted to put together a little guide for terminologies I've seen being used here on r/CryptoCurrency and explaining what they mean to noobs (and to remind myself). Hopefully this will allow shitposters to actually understand what some of these topics are discussing.

~ If you have anything to add or something I made a mistake on, comment below so that I can add it.

Types of Cryptocurrency:

Bitcoin: The big daddy of crypto (BTC)

Native Tokens: Tokens native to their blockchain, like Ethereum (ETH), Solana (SOL), and Polygon (MATIC)

Wrapped Tokens: Tokens used on a different blockchain, like Wrapped Bitcoin (WBTC) being used on the Ethereum network (still the same value as BTC)

Smart Contract Tokens: Don't have their own blockchains and utilize other host blockchains (Most operate on the Ethereum network using ERC-20)

Stablecoins: Cryptoassets whose value is pegged to a fiat currency (USDC)

NFTs: Non-Fungible tokens (Remember those ape pictures?)

Shitcoins: No useful utility; only winners are the creators as they are created for pumping and dumping

Abbreviations:

ALT: Altcoin - Refers to cryptocurrency that isn't Bitcoin

ATH: All-time high

CEX: Centralized Exchange - Online marketplace that allows the purchase and sale of crypto through a centralized company that holds your assets (Binance, Kraken, Coinbase, CDC, etc)

DEX: Decentralized Exchange - Online marketplace hosted on a blockchain that allows the purchase and sale of crypto without a middleman and you retain your assets

DCA: (Dollar-Cost Averaging) - investing the same amount of money in a target security at regular intervals over a certain period of time, regardless of price; lowering their average cost and reducing the impact of volatility on the their portfolios.

EV: Expected value

FOMO: Fear of missing out

FUD: Fear, uncertainty, doubt

HODL: Hold on for dear life, also drunken way to spell (HOLD)

HTF: High time frame - Referring the to candlestick chart over a longer period of time

KM: Karma to Moon ratio

LTF: Low time frame - Referring to the candlestick chart over a shorter period of time

UTC: Coordinated universal time - Timezone used for crypto charting

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Terminologies:

1000x = The dream of all shitcoin buyers, that never happens to you, unless you are an insider

Bear Market: Period of time where prices are seeing a downward trend

Bear Trap: Designed to trap sellers to think that the prices will continue to decline

Bull Market: Period of time where the market is seeing a continuous upward trend

Bull Trap: When prices rise significantly during a bear market, tricking people to buy before a larger decline

Crab Market: Period of time where the prices are just constantly moving sideways (Think of Bitcoin constantly moving along the $29k -$30k range for months at a time)

Demand: Desire to buy the asset

Diamond Hands: Holding since 2021 after a 95% downturn

Dump: Price decreases rapidly

Fiat: Currencies that have value due to being minted by a central bank (USD, EUR)

Leverage: Extra amount of the asset bought or sold over your capital limit (risk of liquidation)

Limit Order: If the market reaches a certain price, an order will be executed at that predefined price

Liquidity: Measure of how much supply and demand is on a particular coin there is. Higher liquidity coins have many available buyers and sellers at the same time.

Liquidation: When you are stopped out of your position because the trade went the opposite direction and your margins aren't enough to carry the trade

Margin: Amount of funds required in order to open a leveraged trade

Market Cap: current supply x current price

Market Order: Buy or sell order at the best current price, executed immediately

Moons: The cryptocurrency of r/CryptoCurrency , also refers to whenever a crypto rises sharply in value

Pump: Price rises rapidly

Pump and Dump: Type of market manipulation where a participant(s) tries to inflate the price of an asset in order to sell at an artificial high, extremely common with SHITCOINS

REKT: Total loss

Spread: Price sellers want to sell at - Price buyers want to purchase at (All CEXs have spread, but higher liquidity = lower spread)

Supply: Amount of an asset available for purchase

Token: Unit of digital currency

Volatility: Percentage of the movement in the price of an asset over a period of time

Whales: Participant with the ability to execute very large transactions