{"id":13076,"date":"2022-12-09T15:59:47","date_gmt":"2022-12-09T14:59:47","guid":{"rendered":"https:\/\/satt-token.com\/blog\/?p=13076"},"modified":"2023-02-20T17:10:44","modified_gmt":"2023-02-20T16:10:44","slug":"19-crypto-slang-you-should-know-to-get-started","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/13076","title":{"rendered":"<strong>A Guide To Crypto Slang: 19 Terms Every Beginner Should Know<\/strong>"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_32 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table des mati\u00e8res<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table des mati\u00e8res\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Introduction\" title=\"Introduction\">Introduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B01_Whale\" title=\"Crypto Slang n\u00b01: Whale&nbsp;\">Crypto Slang n\u00b01: Whale&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B02_FOMO\" title=\"Crypto Slang n\u00b02: FOMO&nbsp;\">Crypto Slang n\u00b02: FOMO&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B03_HODL\" title=\"Crypto Slang n\u00b03: HODL&nbsp;\">Crypto Slang n\u00b03: HODL&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B04_ATH\" title=\"Crypto Slang n\u00b04: ATH\">Crypto Slang n\u00b04: ATH<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B05_Bullish\" title=\"Crypto Slang n\u00b05: Bullish\">Crypto Slang n\u00b05: Bullish<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B06_Bearish\" title=\"Crypto Slang n\u00b06: Bearish\">Crypto Slang n\u00b06: Bearish<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B07_No-coiner\" title=\"Crypto Slang n\u00b07: No-coiner&nbsp;\">Crypto Slang n\u00b07: No-coiner&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B08_SHILL\" title=\"Crypto Slang n\u00b08: SHILL\">Crypto Slang n\u00b08: SHILL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B09_FIAT\" title=\"Crypto Slang n\u00b09: FIAT\">Crypto Slang n\u00b09: FIAT<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B010_Normie\" title=\"Crypto Slang n\u00b010: Normie&nbsp;\">Crypto Slang n\u00b010: Normie&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B011_Rug_Pull\" title=\"Crypto Slang n\u00b011: Rug Pull\u00a0\">Crypto Slang n\u00b011: Rug Pull\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B012_Rekt\" title=\"Crypto Slang n\u00b012: Rekt&nbsp;\">Crypto Slang n\u00b012: Rekt&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B013_Weak_Hands\" title=\"Crypto Slang n\u00b013: Weak Hands\">Crypto Slang n\u00b013: Weak Hands<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B014_When_Lambo\" title=\"Crypto Slang n\u00b014: When Lambo?&nbsp;\">Crypto Slang n\u00b014: When Lambo?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B015_DYOR\" title=\"Crypto Slang n\u00b015: DYOR&nbsp;\">Crypto Slang n\u00b015: DYOR&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B016_FUD\" title=\"Crypto Slang n\u00b016: FUD&nbsp;\">Crypto Slang n\u00b016: FUD&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B017_IYKYK\" title=\"Crypto Slang n\u00b017: IYKYK&nbsp;\">Crypto Slang n\u00b017: IYKYK&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B018_Moon\" title=\"Crypto Slang n\u00b018: Moon&nbsp;\">Crypto Slang n\u00b018: Moon&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Crypto_Slang_n%C2%B019_Pump_and_Dump\" title=\"Crypto Slang n\u00b019: Pump and Dump&nbsp;\">Crypto Slang n\u00b019: Pump and Dump&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/satt-token.com\/blog\/archives\/13076\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction\"><\/span><strong>Introduction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Are you new to the world of cryptocurrency? There&#8217;s a lot to learn when it comes to understanding the terminology used in this space. From FOMO to HODL, crypto slang can be hard to follow if you don&#8217;t know what the terms mean. Fear not, as this guide will provide you with a comprehensive overview of the 19 most important terms that every beginner should know. From trading terms to industry-specific words, you&#8217;ll be able to easily navigate the crypto world and confidently participate in conversations. So, without further ado, let&#8217;s dive into the world of crypto slang and learn more about <a href=\"https:\/\/satt-token.com\/blog\/what-is-satt\/\" target=\"_blank\" rel=\"noreferrer noopener\">SaTT<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B01_Whale\"><\/span>Crypto Slang n\u00b01: Whale&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/crypto-whales.jpg\" alt=\"\" class=\"wp-image-13100\" width=\"660\" height=\"439\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/crypto-whales.jpg 720w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/crypto-whales-300x200.jpg 300w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><figcaption class=\"wp-element-caption\">Crypto Whale about to break surface (Source: <a href=\"http:\/\/twitter.com\/lorismaz\" target=\"_blank\" rel=\"noreferrer noopener\">Lorismaz<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>A whale, in the context of crypto, is a trader or investor with a large amount of capital. The amount required to be considered a whale depends on the individual crypto asset. For example, to be considered a whale in the bitcoin markets, you would need to hold a net long position worth approximately $100,000,000. Whales are generally believed to influence the price of an asset through their trading activity. This can take the form of buying or selling large amounts of an asset, which has the potential to significantly affect the price. Although whales generally have a positive impact on the price of an asset, particularly in the short term, there are also negative implications for the long term growth of the industry. In order to prevent the price of an asset from being manipulated by whales, several exchanges have implemented restrictions. For example, Binance has a restriction on the number of tokens that one person can sell in a given period.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B02_FOMO\"><\/span>Crypto Slang n\u00b02: FOMO&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/FOMO.jpg\" alt=\"Crypto Slang FOMO\" class=\"wp-image-13079\" width=\"609\" height=\"487\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/FOMO.jpg 1000w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/FOMO-300x240.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/FOMO-768x614.jpg 768w\" sizes=\"auto, (max-width: 609px) 100vw, 609px\" \/><figcaption class=\"wp-element-caption\">FOMO<\/figcaption><\/figure>\n\n\n\n<p>FOMO stands for &#8220;fear of missing out&#8221; and is a common phrase that is used in the crypto world. It denotes the anxiety of not being involved in a particular event or investment, which can often be driven by speculative and impulsive behavior. When it comes to the crypto world, FOMO often manifests itself in the form of regret. For example, you may wish you had bought bitcoin when it was $20,000 instead of waiting for the price to drop to $3,000. FOMO can be a good thing, as it can lead you to make smart decisions. However, it is important to note that investing based solely on FOMO can result in impulsive and regretful decisions. Therefore, you should only invest in crypto if you truly believe in the asset you are acquiring and can make a strong case for why it will increase in value.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B03_HODL\"><\/span>Crypto Slang n\u00b03: HODL&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/HODL.jpg\" alt=\"Crypto Slang FOMOI\" class=\"wp-image-13080\" width=\"627\" height=\"232\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/HODL.jpg 1000w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/HODL-300x111.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/HODL-768x284.jpg 768w\" sizes=\"auto, (max-width: 627px) 100vw, 627px\" \/><figcaption class=\"wp-element-caption\">HODL<\/figcaption><\/figure>\n\n\n\n<p>HODL is a term that originated in a forum post on the BitcoinTalk forum, where a user wrote \u201cI am still HODLing\u201d when the price of Bitcoin was crashing. Initially, this term was used to describe investors who didn\u2019t panic sell during a correction and instead decided to hold their investments until the prices recovered. However, over time this term became associated with any person who invested in cryptocurrencies and didn\u2019t sell their holdings no matter what the market conditions were. The term HODL can be used to describe both short-term and long-term investors, while the short-term HODLers are the ones that buy in times of uncertainty, hold until the market stabilizes and then sell. On the other hand, long-term HODLers are those who buy when the market is low and sell when the prices are high.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B04_ATH\"><\/span>Crypto Slang n\u00b04: ATH<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/ATH.jpg\" alt=\"Crypto Slang All-time high\" class=\"wp-image-13082\" width=\"470\" height=\"470\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/ATH.jpg 1000w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/ATH-300x300.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/ATH-768x768.jpg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/ATH-550x550.jpg 550w\" sizes=\"auto, (max-width: 470px) 100vw, 470px\" \/><figcaption class=\"wp-element-caption\">ALL-TIME HIGH<\/figcaption><\/figure>\n\n\n\n<p>ATH stands for &#8220;all-time high.&#8221; In the context of cryptocurrency, it refers to the highest price that a particular cryptocurrency has ever reached. For example, if the price of Bitcoin reached a new all-time high of $50,000, it would be considered an ATH for that cryptocurrency. ATH is a term that is commonly used in the cryptocurrency market to refer to the peak price of a particular coin or token. It is also used as a measure of market performance, as a rising ATH can indicate strong demand for a particular cryptocurrency.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B05_Bullish\"><\/span>Crypto Slang n\u00b05: Bullish<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/NVBULL04B-1024x576.png\" alt=\"\" class=\"wp-image-13103\" width=\"571\" height=\"321\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/NVBULL04B-1024x576.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/NVBULL04B-300x169.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/NVBULL04B-768x432.png 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/NVBULL04B-1536x864.png 1536w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/NVBULL04B.png 1920w\" sizes=\"auto, (max-width: 571px) 100vw, 571px\" \/><figcaption class=\"wp-element-caption\">SaTT is Bullish<\/figcaption><\/figure>\n\n\n\n<p>Bullish is a term used in the world of finance and investing to describe an optimistic outlook or positive sentiment about a particular market or asset. In the context of cryptocurrency, a bullish sentiment refers to a belief that the price of a particular cryptocurrency will rise in the future. This can be based on various factors, such as positive news about the underlying technology, a strong market demand for the cryptocurrency, or the belief that the market is undervalued. Investors who are bullish on a particular cryptocurrency may be more likely to buy and hold it, in the hope of making a profit when the price increases.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B06_Bearish\"><\/span>Crypto Slang n\u00b06: Bearish<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/NVBEAR01-1024x576.png\" alt=\"\" class=\"wp-image-13104\" width=\"573\" height=\"322\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/NVBEAR01-1024x576.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/NVBEAR01-300x169.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/NVBEAR01-768x432.png 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/NVBEAR01-1536x864.png 1536w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/NVBEAR01.png 1920w\" sizes=\"auto, (max-width: 573px) 100vw, 573px\" \/><figcaption class=\"wp-element-caption\">SaTT is Bearish<\/figcaption><\/figure>\n\n\n\n<p>Bearish is a term used in the world of finance and investing to describe a pessimistic outlook or negative sentiment about a particular market or asset. In the context of cryptocurrency, a bearish sentiment refers to a belief that the price of a particular cryptocurrency will fall in the future. This can be based on various factors, such as negative news about the underlying technology, a weak market demand for the cryptocurrency, or the belief that the market is overvalued. Investors who are bearish on a particular cryptocurrency may be more likely to sell it, in the hope of avoiding potential losses if the price decreases.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B07_No-coiner\"><\/span>Crypto Slang n\u00b07: No-coiner&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/the-no-coiner-1024x576.jpg\" alt=\"Crypto slang the no coiner\" class=\"wp-image-13083\" width=\"620\" height=\"349\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/the-no-coiner-1024x576.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/the-no-coiner-300x169.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/the-no-coiner-768x432.jpg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/the-no-coiner.jpg 1280w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><figcaption class=\"wp-element-caption\">THE NO COINER (Source: <a href=\"https:\/\/govcrate.org\/2022\/03\/05\/what-is-a-no-coiner\/\" target=\"_blank\" rel=\"noreferrer noopener\">GovCrate Blog<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>You might encounter people who are skeptical about cryptocurrency, or no-coiners, in the crypto community. Don\u2019t get upset or offended by their comments as it\u2019s all just good-natured ribbing. This is just a way for the crypto community to poke fun at people who don\u2019t really understand the potential of cryptocurrencies or who desperately try to find flaws in the blockchain technology. The no-coiners are often seen as the \u201canti-thesis\u201d of the crypto community. They are the people who spread FUD (Fear, uncertainty and doubt) about the crypto world and try to shut it down. If you meet someone who fits this description, don\u2019t be defensive \u2014 just have fun with it!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B08_SHILL\"><\/span>Crypto Slang n\u00b08: SHILL<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/Shill-starter-pack-1024x664.png\" alt=\"Crypto slang shill\" class=\"wp-image-13085\" width=\"618\" height=\"401\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/Shill-starter-pack-1024x664.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/Shill-starter-pack-300x195.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/Shill-starter-pack-768x498.png 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/Shill-starter-pack.png 1275w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><figcaption class=\"wp-element-caption\">Crypto Coin Shill Starter Pack (Source: <a href=\"https:\/\/knowyourmeme.com\/photos\/2082604-starter-packs\" target=\"_blank\" rel=\"noreferrer noopener\">Know Your Meme<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>Shill is a term used to describe someone who promotes a particular product or service in a deceptive or overly enthusiastic manner. In the context of cryptocurrency, a shill is someone who tries to artificially inflate the demand for a particular coin or token by making false or exaggerated claims about its potential value or usefulness. This can be done for various reasons, such as to manipulate the market or to profit from the resulting price increase. Shilling is generally considered to be a dishonest and unethical practice, and it is illegal in many countries.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B09_FIAT\"><\/span>Crypto Slang n\u00b09: FIAT<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/fiat-money.png\" alt=\"Crypto slang fiat\" class=\"wp-image-13087\" width=\"572\" height=\"435\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/fiat-money.png 745w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/fiat-money-300x228.png 300w\" sizes=\"auto, (max-width: 572px) 100vw, 572px\" \/><figcaption class=\"wp-element-caption\">Fiat Money vs Representative Money (Source:<a href=\"https:\/\/boycewire.com\/fiat-money-definition\/\" target=\"_blank\" rel=\"noreferrer noopener\"> BoyceWire<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>FIAT is a term used to describe traditional currencies, such as the US dollar or the euro, that are issued by a government and backed by physical assets such as gold or silver. Crypto, short for cryptocurrency, is a digital asset designed to work as a medium of exchange using cryptography to secure financial transactions, verify the transfer of assets, and control the creation of new units. In other words, FIAT is a type of physical currency, while crypto is a type of digital currency. While they are different in many ways, both FIAT and crypto can be used as a means of exchange for goods and services.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B010_Normie\"><\/span>Crypto Slang n\u00b010: Normie&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/Normies.jpg\" alt=\"Crypto Slang normie\" class=\"wp-image-13088\" width=\"528\" height=\"422\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/Normies.jpg 680w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/Normies-300x240.jpg 300w\" sizes=\"auto, (max-width: 528px) 100vw, 528px\" \/><figcaption class=\"wp-element-caption\">Normies (Source: <a href=\"https:\/\/knowyourmeme.com\/memes\/normie\" target=\"_blank\" rel=\"noreferrer noopener\">Know Your Meme<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>As the world of blockchain technology and cryptocurrencies becomes more and more mainstream, the crypto community is starting to see an influx of \u201cnormies\u201d \u2014 people who have no knowledge or interest in this field and just want to make money. They are often associated with people who are running shady ICOs, but in reality, there are many legitimate ICOs that also have a large proportion of normies. The crypto community often associates normies with people who don\u2019t really understand the space, have no interest in learning about it, and just want to make quick money. As such, the crypto community likes to poke fun at them for not understanding the basics of blockchain technology or the concepts behind it.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B011_Rug_Pull\"><\/span>Crypto Slang n\u00b011: Rug Pull\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/rug-pulls.jpg\" alt=\"Crypto slang rug pull\" class=\"wp-image-13089\" width=\"544\" height=\"427\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/rug-pulls.jpg 600w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/rug-pulls-300x236.jpg 300w\" sizes=\"auto, (max-width: 544px) 100vw, 544px\" \/><figcaption class=\"wp-element-caption\">Crypto Rug Pulls (Source: <a href=\"https:\/\/imgflip.com\/i\/57j3l9\" target=\"_blank\" rel=\"noreferrer noopener\">Imgflip<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>Rug pull or rug-pulling is a term that describes the act of deceiving someone or tricking them into participating in an ICO or making a bad investment decision. You can either make false promises to investors or pitch them with unrealistic\/unreachable milestones in exchange for their money or promise them guaranteed high returns. You can also \u201cpull the rug\u201d from under someone by selling them a token that\u2019s high in risk and low in reward.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B012_Rekt\"><\/span>Crypto Slang n\u00b012: Rekt&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/dont-get-rekt.jpg\" alt=\"\" class=\"wp-image-13090\" width=\"502\" height=\"514\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/dont-get-rekt.jpg 526w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/dont-get-rekt-293x300.jpg 293w\" sizes=\"auto, (max-width: 502px) 100vw, 502px\" \/><figcaption class=\"wp-element-caption\">Don&#8217;t Get Rekt (Source: <a href=\"https:\/\/knowyourmeme.com\/photos\/1988827-shitcoin\" target=\"_blank\" rel=\"noreferrer noopener\">Know Your Meme<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>Rekt is short for \u201crectifying\u201d, which refers to the act of correcting mistakes, errors, or misinformation. This term is mostly associated with ICOs, where investors use it to describe the act of correcting mistakes, bad information, or false promises made in the white paper.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B013_Weak_Hands\"><\/span>Crypto Slang n\u00b013: Weak Hands<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/weak-hands.png\" alt=\"\" class=\"wp-image-13091\" width=\"607\" height=\"292\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/weak-hands.png 874w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/weak-hands-300x145.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/weak-hands-768x370.png 768w\" sizes=\"auto, (max-width: 607px) 100vw, 607px\" \/><figcaption class=\"wp-element-caption\">Weak Hands (Source: <a href=\"https:\/\/coincentral.com\/bitcoin-etf-report\/\" target=\"_blank\" rel=\"noreferrer noopener\">CoinCentral<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>Weak hands are investors who are easily influenced by FUD and constantly sell their holdings as soon as the market turns bearish. Weak hands are mostly associated with people who don\u2019t really understand the concept of long-term investing or the volatility of the cryptocurrency market. That being said, weak hands aren\u2019t always bad \u2014 sometimes they play their role of \u201cclearing the market\u201d and removing the weak hands from the market by selling their holdings and providing liquidity to the market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B014_When_Lambo\"><\/span>Crypto Slang n\u00b014: When Lambo?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/when-lambo-moon-1024x709.jpeg\" alt=\"\" class=\"wp-image-13092\" width=\"582\" height=\"403\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/when-lambo-moon-1024x709.jpeg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/when-lambo-moon-300x208.jpeg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/when-lambo-moon-768x532.jpeg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/when-lambo-moon.jpeg 1200w\" sizes=\"auto, (max-width: 582px) 100vw, 582px\" \/><figcaption class=\"wp-element-caption\">When Lambo Moon? (Source: <a href=\"https:\/\/cryptozoa.com\/when-moon-when-lambo-665d46428a4c\" target=\"_blank\" rel=\"noreferrer noopener\">CryotoZoa<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>When Lambo? Is a term used to poke fun at the impatience of someone who wants to make a quick buck by investing in cryptocurrencies. This term is often used jokingly by the crypto community and refers to the hope that they\u2019ll be able to sell their crypto investments and make enough money to buy a Lamborghini. The term is mostly used as a way to poke fun at people who are impatient and want to make money right away. If you hear someone asking you \u201cwhen Lambo?\u201d, they\u2019re likely joking around and not actually expecting an answer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B015_DYOR\"><\/span>Crypto Slang n\u00b015: DYOR&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/always-dyor.jpg\" alt=\"\" class=\"wp-image-13093\" width=\"596\" height=\"335\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/always-dyor.jpg 702w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/always-dyor-300x169.jpg 300w\" sizes=\"auto, (max-width: 596px) 100vw, 596px\" \/><figcaption class=\"wp-element-caption\">Always DYOR (Source: <a href=\"https:\/\/www.babypips.com\/forexpedia\/dyor\" target=\"_blank\" rel=\"noreferrer noopener\">BabyPips<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>DYOR stands for &#8220;do your own research&#8221; and is a common recommendation given to crypto investors. It is used to encourage individuals to do their own research when they are considering investing in an asset. This is because, unlike the traditional financial markets, there are very few regulated crypto exchanges and assets that have been approved by an authorized regulatory authority. As a result, it can be difficult to verify the legitimacy of assets and trades taking place in the crypto space. Therefore, it is important to conduct your own research and cross-reference information to verify that what you are reading is accurate.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B016_FUD\"><\/span>Crypto Slang n\u00b016: FUD&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"428\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/cryptomarket-crashes-fud.jpg\" alt=\"\" class=\"wp-image-13094\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/cryptomarket-crashes-fud.jpg 600w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/cryptomarket-crashes-fud-300x214.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><figcaption class=\"wp-element-caption\">Crypto Market Crashes FUD (Source: <a href=\"https:\/\/makeameme.org\/meme\/cryptomarket-crashes-fud\" target=\"_blank\" rel=\"noreferrer noopener\">Make a Meme<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>FUD stands for &#8220;fear, uncertainty, and doubt&#8221; and is used in the crypto world to denote negative or misleading information about an investment. For example, if a particular trader were to say that bitcoin is a scam and that you should not buy it, this would be considered FUD. FUD is particularly noteworthy in the crypto space due to its unregulated nature. Unlike the traditional financial markets, there is no central authority that can regulate the flow of information in the crypto world. As a result, it can be difficult to determine what is real information and what is false information. Moreover, it is relatively easy for traders to make an exchange account appear legitimate, which means it can be difficult to determine the legitimacy of information.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B017_IYKYK\"><\/span>Crypto Slang n\u00b017: IYKYK&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"498\" height=\"491\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/IYKYK.png\" alt=\"\" class=\"wp-image-13095\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/IYKYK.png 498w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/IYKYK-300x296.png 300w\" sizes=\"auto, (max-width: 498px) 100vw, 498px\" \/><figcaption class=\"wp-element-caption\">I know what I&#8217;m doing (Source:<a href=\"https:\/\/supraoracles.com\/academy\/crypto-and-nft-slang-wagmi-hodl-ngmi-and-more\/\" target=\"_blank\" rel=\"noreferrer noopener\"> Supra Oracles<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>This acronym stands for &#8220;if you know what you&#8217;re doing,&#8221; and is used when someone is confident in their actions or advice. It is common to hear this in the crypto community when someone is advising another trader or investor on what they should do. In this context, the phrase &#8220;if you know what you&#8217;re doing&#8221; is used to denote that the advice is only applicable to someone who is knowledgeable about the crypto space and its associated risks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B018_Moon\"><\/span>Crypto Slang n\u00b018: Moon&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/MB_ROCKET_RODEO_01b-1-1024x576.png\" alt=\"\" class=\"wp-image-13107\" width=\"543\" height=\"305\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/MB_ROCKET_RODEO_01b-1-1024x576.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/MB_ROCKET_RODEO_01b-1-300x169.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/MB_ROCKET_RODEO_01b-1-768x432.png 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/MB_ROCKET_RODEO_01b-1-1536x864.png 1536w\" sizes=\"auto, (max-width: 543px) 100vw, 543px\" \/><figcaption class=\"wp-element-caption\">SaTT to the moon<\/figcaption><\/figure>\n\n\n\n<p>The term &#8220;moon&#8221; is used by traders when they wish a particular crypto asset would increase in value dramatically. It is commonly used with smaller cap coins that have the potential to increase their value by many multiples in a short period of time. For example, if a crypto trader were to say, &#8220;I hope this crypto goes to the moon,&#8221; it means that he or she wishes for the crypto to dramatically increase in value.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Crypto_Slang_n%C2%B019_Pump_and_Dump\"><\/span>Crypto Slang n\u00b019: Pump and Dump&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/pump-dump-1024x576.png\" alt=\"\" class=\"wp-image-13098\" width=\"517\" height=\"290\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/pump-dump-1024x576.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/pump-dump-300x169.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/pump-dump-768x432.png 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2022\/12\/pump-dump.png 1200w\" sizes=\"auto, (max-width: 517px) 100vw, 517px\" \/><figcaption class=\"wp-element-caption\">Crypto Pump and Dump Scheme (Source:<a href=\"https:\/\/tradesanta.com\/blog\/how-crypto-pump-and-dump-work\" target=\"_blank\" rel=\"noreferrer noopener\"> Trade Santa<\/a>)<\/figcaption><\/figure>\n\n\n\n<p>A pump and dump is a type of market manipulation that occurs in almost all unregulated markets, including the crypto space. A group of traders will purchase an asset and hype it up to create artificial demand. This will cause the price of the asset to increase dramatically, which will then prompt other traders to buy in and profit off of the price increase. Once the traders who initiated the pump have sold their position and profited, they will try to create negative sentiment regarding the asset, which will prompt other traders to sell their position, causing the price to drop dramatically. Traders who bought the asset at the peak will suffer heavy losses, while the traders who initiated the pump and dump have already profited from their actions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The crypto space is an exciting area to be involved in, but it can also be extremely confusing for newcomers to the industry. With so many new terms and acronyms being used, it can be hard to know what it all means. However, if you understand the terms listed in this article, you will be able to navigate the crypto space with ease and confidence. From whale to pump and dump, these are the terms you need to know to succeed in the crypto world and take part of the<a href=\"https:\/\/satt-token.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"> Post2Earn<\/a> revolution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction Are you new to the world of cryptocurrency? There&#8217;s a lot to learn when it comes to understanding the terminology used in this space. From FOMO to HODL, crypto slang can be hard to follow if you don&#8217;t know [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":13111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[656,658],"tags":[],"class_list":["post-13076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-crypto-glossary"],"_links":{"self":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/13076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/comments?post=13076"}],"version-history":[{"count":15,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/13076\/revisions"}],"predecessor-version":[{"id":13207,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/13076\/revisions\/13207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media\/13111"}],"wp:attachment":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media?parent=13076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=13076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=13076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}