The Good Tech Companies - Crypto Slang to Know: DYOR, FOMO, HODL, and 30+ Terms

Episode Date: June 2, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/crypto-slang-to-know-dyor-fomo-hodl-and-30-terms. The crypto community is an active thing. O...ver the years, it has created its own internal memes, references, and crypto slang terms that every user should know. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #crypto-slang, #crypto-terms-explained, #crypto-terminology, #learn-cryptocurrency, #bitcoin-fomo, #hodl-bitcoin, #obyte, #good-company, and more. This story was written by: @obyte. Learn more about this writer by checking @obyte's about page, and for more stories, please visit hackernoon.com. The crypto community has created its own internal memes, references, and crypto slang terms. Terms and acronyms like DEX, P2P, staking, altcoins, or metaverses aren’t slang, but actual platforms, systems, or digital objects related to the cryptocurrency world.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Crypto slang to know. Dyor, FOMO, HODL, and 30 plus terms, by Obite. The crypto community is a vibrant, quite active thing. Over the years, it has created its own internal memes, references, and crypto slang terms that every crypto user ends up learning mostly by experience, but also with the help of some guides, if you just arrived at the cryptoverse. There are many, many terms and acronyms by now, so a list to understand what experienced users are talking about may come in handy. Of course, these terms aren't exactly official, and the concepts behind them didn't allude to something, let's say,
Starting point is 00:00:40 concrete. Terms and acronyms like DEX, decentralized exchange, P2P, peer-to-peer, staking, altcoins, or metaverses aren't slang, but actual platforms, systems, or digital objects related to the cryptocurrency world. Slang, on the other hand, refers to informal language made up of playful, casual words or expressions used in everyday conversation. It's the native language of the crypto community, basically. Let's learn some fun terms, about crypto people. Bag holder someone who keeps a cryptocurrency after its price crashes, hoping it will recover. They're often stuck with a, bag, of nearly worthless coins. There's a cover song about it, https://www.youtube.com, watch? v equals 6 bqplqzu06u and embeddable
Starting point is 00:01:32 equals true bulls and bears bulls believe prices will go up, while bears expect them to fall. These two groups create the push and pull of every crypto market, which can also be, bullish, increasing prices, or, bearish, decreasing prices. Degen short for degenerate. A Degen takes wild risks on crypto projects without much research, hoping for huge rewards, or huge losses. Early bird and early bird is someone who jumps into a new crypto project early, aiming to get the biggest rewards before it becomes popular. The term also refers to the first ever bitcoin users. Maximalist, M-A-X-I-A Maximalist believes one cryptocurrency, usually bitcoin,
Starting point is 00:02:12 is the best and sees little or no value in others. M-O-O-N-B-O-Y-A Moonboy is overly optimistic, always shouting that a coin will go to the moon. Even if there's no real reason, no coiners no coiners are people who don't own any cryptocurrency and often criticize it or think it's just a passing trend. Normies, noobs normies are regular folks not deeply into crypto, but they may be interested in it. Then, they can become noobs. Complete beginners who are just starting to buy and learn. Strong, diamond vs. weak, paper hands Diamond hands hold their coins through thick and thin, no matter wild price swings.
Starting point is 00:02:50 Paper hands sell quickly when prices drop, often missing out on rebounds. Whales, dolphins, fishes, and minnow's These ocean terms describe crypto wallet sizes. Whales hold huge amounts, dolphins and fishes hold medium amounts, and minnows have just a little. crypto slang acronyms, some of these acronyms are known outside crypto too. btfd short for, buy the, fucking, dip, it's an advice shouted when prices fall. ite encourages people to grab cheap crypto before it bounces back up. ct crypto twitter, x. the online world where crypto fans, traders, and developer shanghout, share news, memes, and market updates faster than anywhere else. the latest news is
Starting point is 00:03:33 often shared on x's official accounts first. dyor, do your own research, reminds you not to blindly trust advice. before investing, investigate projects yourself to make smarter decisions. ELI 5. Explain like I'm 5 inches means breaking down a complicated idea in super simple words, just like you would to a 5-year-old. Foll. Fear of losing everything, kicks in when prices crash. People panic and sell fast, afraid their crypto might drop to zero. FOMO. Fear of missing out, happens when you rush into buying crypto because you're scared of missing big profits others seem to be getting. Not the wisest move without DYOR. FUD, fear, uncertainty, and doubt is when negative rumors
Starting point is 00:04:17 spread fear about a project or the whole market, often causing prices to fall. Again, not the wisest move to panic sell your coins without DYOR. GM, good morning, is a cheerful greeting in the crypto world, spreading positive vibes and encouraging community spirit, especially on crypto twitter. GMI, NGMI, WAGMIGMI means, gonna make it, full of confidence. NGMI, not gonna make it, signals poor choices. WAGMI, we're all gonna make it, spreads hope. HODL originally a typo for, hold, now it means clinging to your crypto through up sand downs, believing it'll pay off later.
Starting point is 00:04:58 Hold on for dear life, JOMO, joy of missing out, is when you're happy you stayed out of risky trades and avoided market crashes others suffered from. LFG, Let's freaking go, or a stronger version, is a battle cry for excitement when people believe a project or coin will soar. OCD, Obsessive cryptocurrency disorder, jokes about checking prices non-stop, feeling anxious over every little market move, and being glued to crypto apps. Romo, regret of missing out, hits when you didn't buy a coin that later skyrocketed, making you wish you'd taken the chance.
Starting point is 00:05:34 Other crypto terms, ADDY short for, address, it's your crypto wallet's long, messy looking ID where people send or receive coins, like your personal mailbox on the ledger. You can replace it in obite for easier text coins or attestations. APE, ING, jumping fast into buying a coin or non-fungible token, NFT, without much thought or research, often driven by hype and excitement rather than careful planning. It can also mean buying a significant amount of any cryptocurrency. BLOODBATHA Brutal market crash where prices drop sharply across many coins, leaving portfolios deep in red. Red often represents price decreases,
Starting point is 00:06:14 and causing widespread panic among investors. Cryptos ice an unstoppable urge to learn everything about cryptocurrencies, often leading to endless research, late-night reading, and talking about crypto non-stop. Longs and SHORTSA. Long position bets a coin's price will rise. A short one bets it will fall. Both can use borrowed funds to magnify gains or losses. It refers to the time an investor will keep their coins before selling, long-term or short-term.
Starting point is 00:06:43 Moon. Mooning when a coin's price rockets up so high and so fast that people joke it's heading straight to the moon. You may also say, when moon, to wonder when this happy increase will happen. https://www.youtube.com.watch?v="7wbg1Lbktyg& and embeddable equals true red OR green DILDOA colorful, cheeky way to describe huge vertical price moves on charts. Red for a price plunge, green for a massive price jump. R-E-K-T slang for, wrecked. It means losing a lot of money quickly, often from bad trades, hacks, scams, or sudden market drops.
Starting point is 00:07:25 The FLIPPENINGA future event, still hypothetical, when another cryptocurrency, often Ethereum, overtakes Bitcoin in market value and becomes the top crypto. This is gentle mean a playful twist on, this is it, gentlemen, used to mark a major moment, often ironically, like a massive price move or shocking news. Vaporware crypto projects that are all talk but no product. They stay in promotion mode for ages and sometimes never even launch. When lamboa tongue in cheek way to ask, when will I get rich enough from cryptos to buy
Starting point is 00:07:58 a lamborghini? Popular among dreamers hoping for fast gains. At obite, we always recommend our users to dyor so you don't get wreck chasing vaporware or falling for wild rumors. Don't spread fud, stay strong, stay along, and hodl through the storms. A healthy dose of cryptosis is welcome too. Stable-ish, trust your journey, and remember, LFG, WAGMI. Featured Vector Image by Studio G. Stock, FreePic. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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