Update your Crypto Vocab.

I've had conversations with people via text recently and I've noticed that many people gets confused with some abbreviations or words used often in crypto, mostly used in this sub too, so I've decide to put down some major crypto phrases and abbreviations used very often in this sub for newbies to learn. Hopefully you learn something new.

Let's Dive In????????

FUD: Fear, Uncertainty, and Doubt. Propaganda to lower prices

FOMO: Fear of Missing Out

HODL: Hold On for Dear Life

MOONING: Prices going up extremely high

FIAT: Government issued Currency. Such as the US dollar

WHALE: Someone who owns lots of Crypto

BULLISH: An expectation that price is going to increase

BEARISH: An expectation that price is going to decrease

ATH: All-Time-High. The highest price a coin has ever been

MARKET CAP: Total Supply X Current Price

ICO: Initial Coin Offering. A type of crowd funding

ROI: Return on Investment. Gains - Initial investment

COLD STORAGE: Moving Crypto-currency 'offline', paper/hardware

REKT: REKT describes when an investor gets blown out of the water by a catastrophic coin collapse

ERC20: The predominant standard for creating smart contracts of the Ethereum blockchain

DUMP: The act of selling Crypto

BIT: 1 Bit is equal 1/1,000,000 of a Bitcoin

SHILL: An individual promoting Alt-coins for their own benefits

NODE: A computer that runs a cryptocurrency's software and validate transactions

PUMP: A rapid rise in a cryptocurrency's price

SHITCOIN: A term used to describe altcoins that are based on faulty technology or have little promise for the future

NO COINER: Someone who has no crypto and firmly believes that crypto will fail

DILDO: No, not that! The red or green "candles" or vertical lines, on graphs showing crypto market data

DEFI: DeFi stands for Decentralized Finance

YIELD FARMING: This invloves earning interests by investing crypto in decentralized finance markets

DYOR: Do your own Research

NFT: Non-Fungible token is an exclusive digital asset that can represent anything

BRR: BRR comes from a meme that describes the sound the money printers make when government prints money

SATOSHI: The pseudonym creator and the smallest unit of bitcoin

GAS: A fee which must be paid to Execute Ethereum transactions

KYC: Know your customer. Info gathered by exchanges in compliance to laws

dApps: A decentralized application that has no centralized control

DCA: Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase.

I know many of y'all know virtually all the phrases here but I'm pretty sure someone learnt something new. Feel free to add yours in the comment. Probably I can learn a new word too :)