Crypto Twitter Glossary THREAD 💯
This is the second thread in my crypto glossary collection. I’ve listed 60 popular terms used on crypto twitter with brief explanations, so anyone can understand our culture and join the community.
Let me know what I’ve missed!
🧵👇
This is the second thread in my crypto glossary collection. I’ve listed 60 popular terms used on crypto twitter with brief explanations, so anyone can understand our culture and join the community.
Let me know what I’ve missed!
🧵👇
1/ Alpha
A term to describe investment outperformance measured against the market performance. Alpha is what everyone seeks. When someone shares valuable info on a token that will help you outperform, that’s alpha.
A term to describe investment outperformance measured against the market performance. Alpha is what everyone seeks. When someone shares valuable info on a token that will help you outperform, that’s alpha.
2/ Anon
Anon refers to someone who is anonymous.
Anon refers to someone who is anonymous.
3/ Bag
In crypto, bag refers to the coins and tokens one is holding in their portfolio.
“I have a big bag of $ETH”.
In crypto, bag refers to the coins and tokens one is holding in their portfolio.
“I have a big bag of $ETH”.
4/ Bagholder
An investor who continues to hold large amounts of a specific coin or token, regardless of its performance. Cardano holders who bought at $3 and are still holding.
An investor who continues to hold large amounts of a specific coin or token, regardless of its performance. Cardano holders who bought at $3 and are still holding.
5/ Bearish
The market right now. When you are bearish, you believe that the market or an asset is going down. The opposite of bullish.
The market right now. When you are bearish, you believe that the market or an asset is going down. The opposite of bullish.
6/ Black swan event
An unpredictable event that is beyond what is normally expected and has potentially severe consequences.
Black swan events are characterized by their extreme rarity and severe impact.
An example was the COVID crash in 2020.
An unpredictable event that is beyond what is normally expected and has potentially severe consequences.
Black swan events are characterized by their extreme rarity and severe impact.
An example was the COVID crash in 2020.
7/ BTFD
The acronym for Buy The Fucking Dip.
Used by people who are under water and want other to buy their bags.
“BTC is down 40%, BTFD!!”
The acronym for Buy The Fucking Dip.
Used by people who are under water and want other to buy their bags.
“BTC is down 40%, BTFD!!”
8/ Bullish
Refers to an investor who believes an asset will go up in price. The opposite of bearish.
Refers to an investor who believes an asset will go up in price. The opposite of bearish.
9/ Buy wall
A buy wall is a situation where a large limit order has been placed to buy when a cryptocurrency reaches a certain value.
A buy wall is a situation where a large limit order has been placed to buy when a cryptocurrency reaches a certain value.
10/ Cope
A term used to describe a way or attempt of dealing with problems.
“I sold SOL at $5 but I don’t mind, I’m not greedy.”
“lol, cope.”
A term used to describe a way or attempt of dealing with problems.
“I sold SOL at $5 but I don’t mind, I’m not greedy.”
“lol, cope.”
11/ CT
CT is short for Crypto twitter. Twitter evolved into a huge information pool for the crypto community from latest drops to daily news.
Most of CT is just shitposting.
CT is short for Crypto twitter. Twitter evolved into a huge information pool for the crypto community from latest drops to daily news.
Most of CT is just shitposting.
12/ Dead cat bounce
A dead cat bounce is a temporary, short-lived recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend.
A dead cat bounce is a temporary, short-lived recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend.
13/ DeFi – Decentralized Finance
the ecosystem of borderless, trustless, peer-to-peer financial tools being built on public blockchains without the use of banks.
We use it to farm some juicy yields.
the ecosystem of borderless, trustless, peer-to-peer financial tools being built on public blockchains without the use of banks.
We use it to farm some juicy yields.
14/ Degen
Short for “degenerate”. It does not hold a negative connotation and is generally a self-assigned term.
Short for “degenerate”. It does not hold a negative connotation and is generally a self-assigned term.
15/ Diamond Hands
A term implying that you are extremely bullish on a certain asset, and have no plans to sell regardless of market volatility, FUD, or extreme drops in price.
A term implying that you are extremely bullish on a certain asset, and have no plans to sell regardless of market volatility, FUD, or extreme drops in price.
16/ Dildo
Refers to a big candlestick on a chart. These candlesticks demonstrate the range of prices for an asset during specified periods.
When Elon talks about doge, we see a big green dildo on the chart.
Refers to a big candlestick on a chart. These candlesticks demonstrate the range of prices for an asset during specified periods.
When Elon talks about doge, we see a big green dildo on the chart.
17/ Dino coins
Dino coins refer to older coins like $ETC, $NEO and $EOS. If they start pumping you should start running.
Dino coins refer to older coins like $ETC, $NEO and $EOS. If they start pumping you should start running.
18/ DD
The acronym for Due Dilligence. The process of conducting your own research before investing in an asset.
The acronym for Due Dilligence. The process of conducting your own research before investing in an asset.
19/ Dumping
The opposite of pumping. The act of selling tokens.
When @zhusu is bullposting, he is actually dumping on you.
The opposite of pumping. The act of selling tokens.
When @zhusu is bullposting, he is actually dumping on you.
20/ DYOR
The acronym for Do Your Own Research.
The process of conducting your own research before investing in an asset.
The acronym for Do Your Own Research.
The process of conducting your own research before investing in an asset.
21/ ENS
The acronym for Ethereum Name Service. @ensdomains
It’s a naming system on the ethereum blockchain. Notice all the .eth people on twitter? They’ve used ENS.
The acronym for Ethereum Name Service. @ensdomains
It’s a naming system on the ethereum blockchain. Notice all the .eth people on twitter? They’ve used ENS.
23/ Fair launch
Refers to a token generation event that is fair. Often used for LBP’s or Dutch auctions.
Refers to a token generation event that is fair. Often used for LBP’s or Dutch auctions.
24/ Few
Short for ‘few understand’. Refers to a perspective an individual thinks is important but not enough people are aware of.
Short for ‘few understand’. Refers to a perspective an individual thinks is important but not enough people are aware of.
25/ Flippening
The reference of the possible event of Ethereum becoming more valuable than Bitcoin in terms of marketcap. This is a cursed term and should not be mentioned.
The reference of the possible event of Ethereum becoming more valuable than Bitcoin in terms of marketcap. This is a cursed term and should not be mentioned.
26/ FOMO
The acronym for Fear Of Missing Out.
When the whole market pumps 20% and you buy, you have the fear of missing out.
The acronym for Fear Of Missing Out.
When the whole market pumps 20% and you buy, you have the fear of missing out.
27/ Fren
A friendly way to address an anon. Fren means Friend.
A friendly way to address an anon. Fren means Friend.
28/ FUD
The acronym for Fear Uncertainty Doubt.
Refers to a general mindset of pessimism about a particular asset.
The acronym for Fear Uncertainty Doubt.
Refers to a general mindset of pessimism about a particular asset.
29/ Gem
A term for a relatively unknown lower marketcap coin that has immense potential or is grossly undervalued.
A term for a relatively unknown lower marketcap coin that has immense potential or is grossly undervalued.
30/ Gm
The acronym for Goodmorning.
This is the first thing you say when online.
The acronym for Goodmorning.
This is the first thing you say when online.
31/ Gn
The acronym for Goodnight.
This is the last thing you say before going offline.
The acronym for Goodnight.
This is the last thing you say before going offline.
32/ HFSP
The acronym for Have Fun Staying Poor.
Used by investors against non-believers.
Peter Schiff: “Bitcoin eventually to zero”
Community: “HFSP”
The acronym for Have Fun Staying Poor.
Used by investors against non-believers.
Peter Schiff: “Bitcoin eventually to zero”
Community: “HFSP”
33/ HODL
The acronym for Hold on for dear life.
It has become a mantra among crypto enthusiasts denoting a long-term approach to cryptocurrency investing.
The acronym for Hold on for dear life.
It has become a mantra among crypto enthusiasts denoting a long-term approach to cryptocurrency investing.
34/ Intern
It's a new trend on CT where a user will follow a certain Podcast/Project and write condensed notes after every new launch/update/episode.
It's a new trend on CT where a user will follow a certain Podcast/Project and write condensed notes after every new launch/update/episode.
35/ Inversebrah @inversebrah
A small, green wassie and historian or curator of fine examples of "crypto twitter" idiocy/degeneracy.
You can @ him and if he approves he will retweet it.
A small, green wassie and historian or curator of fine examples of "crypto twitter" idiocy/degeneracy.
You can @ him and if he approves he will retweet it.
36/ KYC – Know your customer
These are checks that crypto exchanges and trading platforms must complete to verify the identity of their customers.
These are checks that crypto exchanges and trading platforms must complete to verify the identity of their customers.
37/ LFG – Lets fucking go
Used when you are excited for something.
When you find valuable tokens in a random wallet: “LFG”
Used when you are excited for something.
When you find valuable tokens in a random wallet: “LFG”
38/ Liquidated
Forced liquidation refers to an involuntary conversion of assets into cash or cash equivalents. It is a mechanism that creates market orders to exit leveraged positions. It’s why people get rekt while trading leverage.
Forced liquidation refers to an involuntary conversion of assets into cash or cash equivalents. It is a mechanism that creates market orders to exit leveraged positions. It’s why people get rekt while trading leverage.
39/ Maxi
Maxi refers to anyone who thinks their favorite coin will be the most dominant coin.
The most popular ones are $BTC maxis (they’re probably old), and $ETH maxis (probably nerds).
Maxi refers to anyone who thinks their favorite coin will be the most dominant coin.
The most popular ones are $BTC maxis (they’re probably old), and $ETH maxis (probably nerds).
40/ NFA – Not Financial advice
Used by people who share alpha but don’t want to be responsible. It often is Financial advice, they just don’t want to get sued.
Used by people who share alpha but don’t want to be responsible. It often is Financial advice, they just don’t want to get sued.
41/ NFT – Non fungible tokens
A digital certificate of authenticity used to assign and verify ownership of a unique digital or physical asset. Unlike fungible tokens, NFTs are not interchangeable with one another.
Often just simple JPEGs we use as profile pictures.
A digital certificate of authenticity used to assign and verify ownership of a unique digital or physical asset. Unlike fungible tokens, NFTs are not interchangeable with one another.
Often just simple JPEGs we use as profile pictures.
42/ NGMI – Not gonna make it
Used against people who won’t buy your bags, or against yourself when making a mistake.
“Bought $ADA at $3, NGMI.”
Used against people who won’t buy your bags, or against yourself when making a mistake.
“Bought $ADA at $3, NGMI.”
43/ OG – Original gangster
Refers to individuals who have been around since the beginning and earned respect.
Refers to individuals who have been around since the beginning and earned respect.
44/ Pajeet
A derogatory term used on 4chan. Don’t go on 4chan.
A derogatory term used on 4chan. Don’t go on 4chan.
45/ Pleb
Other word for normie or noob.
Other word for normie or noob.
46/ Probably nothing
It means the opposite. When someone says “probably nothing” there is probably something there.
“@ledgerstatus is buying pudgy penguins , probably nothing.”
It means the opposite. When someone says “probably nothing” there is probably something there.
“@ledgerstatus is buying pudgy penguins , probably nothing.”
47/ P2E
The play-to-earn business model supports the notion of an open economy and gives financial rewards to players who bring value to its metaverse.
Gamers actually hate it for some reason.
The play-to-earn business model supports the notion of an open economy and gives financial rewards to players who bring value to its metaverse.
Gamers actually hate it for some reason.
48/ Rekt
Utterly destroyed or ruined, short for wrecked. Most people’s portfolio’s right now.
“Safemoon went down -80%, I’m so rekt.”
Utterly destroyed or ruined, short for wrecked. Most people’s portfolio’s right now.
“Safemoon went down -80%, I’m so rekt.”
49/ Rug pull
A bad maneuver where crypto devs abandon a project and run away with investor’s funds. Also used as “rugged”. If you want to get rugged, buy some shitcoins on BSC.
A bad maneuver where crypto devs abandon a project and run away with investor’s funds. Also used as “rugged”. If you want to get rugged, buy some shitcoins on BSC.
50/ Sam coins
Coins backed by @SBF_FTX. Remember when he said “I’ll buy all your $SOL at $3 and fuck off”, yeah… don’t fade Sam.
Coins backed by @SBF_FTX. Remember when he said “I’ll buy all your $SOL at $3 and fuck off”, yeah… don’t fade Sam.
51/ Satoshi Nakamoto
The individual or group of individuals that created Bitcoin. Definitely not Craig White. Could be @loomdart.
The individual or group of individuals that created Bitcoin. Definitely not Craig White. Could be @loomdart.
52/ Ser
A respectful way to address an anon. Ser refers to ‘Sir’.
A respectful way to address an anon. Ser refers to ‘Sir’.
53/ Shill
Shilling refers to promoting tokens through implicit advertising. I’m shilling when I’m telling my friends about how great my bags are.
Luckily we have @zachxbt to exposure undisclosed paid influencer shills.
Shilling refers to promoting tokens through implicit advertising. I’m shilling when I’m telling my friends about how great my bags are.
Luckily we have @zachxbt to exposure undisclosed paid influencer shills.
54/ TA – Technical analysis
Drawing magic lines on a chart.
Drawing magic lines on a chart.
55/ Up only
A phrase used by traders to symbolise the market going only up.
The term became a household word after @ledgerstatus and @cobie named their podcast @UpOnlyTV.
A phrase used by traders to symbolise the market going only up.
The term became a household word after @ledgerstatus and @cobie named their podcast @UpOnlyTV.
56/ WAGMI
The acronym for We All Gonna Make It.
It used by the crypto community to build confidence, and encourage the community to not lose hope.
The acronym for We All Gonna Make It.
It used by the crypto community to build confidence, and encourage the community to not lose hope.
57/ Wen moon
“wen moon?” is a phrase used by crypto investors to ask when the price of an asset will be going up in value.
“wen moon?” is a phrase used by crypto investors to ask when the price of an asset will be going up in value.
58/ Whale
Whales are entities—individuals, institutions and exchanges—that hold significant amounts of tokens of a particular cryptocurrency.
Whales are entities—individuals, institutions and exchanges—that hold significant amounts of tokens of a particular cryptocurrency.
59/ 3,3
Game theory popularized by olympusdao. In the concept, two players decide to stake their $OHM for the most optimal outcome for the whole system (3,3).
Everyone stakes, everyone wins.
Game theory popularized by olympusdao. In the concept, two players decide to stake their $OHM for the most optimal outcome for the whole system (3,3).
Everyone stakes, everyone wins.
60/ x,x
‘x’ can be any symbol or character. People who are fans of projects put this behind their name.
Let’s say I would make an OHM Fork called DogshitDAO, I would change my name to Bobby(💩,💩).
‘x’ can be any symbol or character. People who are fans of projects put this behind their name.
Let’s say I would make an OHM Fork called DogshitDAO, I would change my name to Bobby(💩,💩).
fin.
If I missed anything, let me know in the comments.
Liked the thread? RTs/favorites/shares are appreciated! ♥️
For more threads like this, give me a follow. 🤝
If I missed anything, let me know in the comments.
Liked the thread? RTs/favorites/shares are appreciated! ♥️
For more threads like this, give me a follow. 🤝
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