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CRYPTOCURRENCIES


price of any specific cryptocurrency. Tese people are also referred to as bullish whales.


BEARWHALE Tis means a trader with a fat account who is bearish on the price of a cryptocurrency.


BAGHODLER Tis is an investor or a trader who has been holding (or


hodling)


for too long on


a particular


cryptocurrency and now has to face the consequences of that decision.


REKT Tis is a misspelling of “wrecked”. Tis term refers to a trader or investor who is utterly ruined and destroyed with losses from the current downfall of a price.


TO THE MOON Tis


refers to a crypto’s upward


momentum as it keeps climbing in price, as in, “The price of this coin will one day go to the moon!”


ADDY Tis refers to a cryptocurrency public address (or key). For example: “Tell me your ADDY, please.”


ASHDRAKED = A situation where you lost all your money.


BTFD = Buy Te F... Dip (an indication to buy a coin when it has dumped so hard)


DILDO = Long green or red candles


REVERSE INDICATOR = Someone who is always wrong predicting price movements.


Sudhir Khatwani IT bank professional


Cryptocurrency & blockchain Coinsutra


FX TRADER MAGAZINE January - March 2019 69


FUD Fear, uncertainty, and doubt. Tis term usually refers to investors who are unsure of the potential of a situation.


CHOYNA A deliberately distorted way of referring to China. As China is a country which is immensely influential in the Bitcoin


DUMP = To Sell off a coin


DUMPING = Downward price movement DYOR = Do Your Own Research FA = Fundamental Analysis


JOMO = Joy Of Missing Out


LONG = Margin bull position


MCAP = Market Capitalization


OTC = Over Te Counter


PUMP = Upward price movement


SHORT = Margin bear position


space, it has largely dominated mining and trading activities.


ALTCOIN = Any other than bitcoin.


cryptocurrency TA = Technical Analysis


SWING = Zig zag price movement (Upwards and downwards)


FX


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