10 Cryptocurrency slangs that all investors must know

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The world of crypto is like an advanced science project – it's full of alien terms and a horde of people who have no idea what they mean. Therefore, if you draw a blank at statements like 'HODL through a period of FUD', then fear not, as you are definitely not alone in your bewilderment.However, knowing what these terms mean is also essential. It will ensure you can make better sense of what you read or hear about the crypto industry.

So, tag along as we quickly run through (and explain) the top 10 cryptocurrency slangs making the rounds these days.1. FOMOFOMO, or Fear Of Missing Out, is one that you’ve probably heard of, especially if you’re a millennial. In the crypto context, FOMO occurs when an investor is unable to buy cryptocurrency at lower rates or is unable to sell at lucrative rates.

It stems from the inability to have a strong position in the market that is benefitting others.Also Read | View: Gold to Fiat to Virtual Digital Assets – Where are we heading?2. HODLHODL became a popular slang in the crypto universe after a user erroneously tweeted that he was “HODLing” his Bitcoins through a price correction in 2013, which most crypto enthusiasts misinterpreted for – “Holding On For Dear Life.” Since then, HODL has always been used to refer to situations in which investors hold their cryptocurrency through market turmoil.3. FUDFUD stands for Fear, Uncertainty, and Doubt and is a commonly used slang in the crypto community.

FUD is used to convey an intentional spread of negativity about a certain cryptocurrency to trigger bulk-selling or halt further buying. A FUD usually leads to a consolidation of the cryptocurrency at a lower price, causing a loss to “HODLers” in that period.4. WhaleCrypto whales are individuals