Slangs in Crypto  & their meaning you should know

Category

FOMO

FOMO stands for Fear of Missing out In  Cryptocurrency FOMO means the fear of losing out on a promising cryptocurrency project which can give good returns. 

HODL

Hold on for Dear Life (HODL)Hodl is intentionally misspelt for Hold, which means holding a promising crypto project when the market is turbulent.

FUD

Fear, Uncertainty and Doubt mean uncertainty around a crypto project or the crypto market as a whole.  This happens when negative sentiments or rumour is spread by Fudsters.

SHILL

Shilling is promoting a crypto project in different social forums like Discord, Telegram, Twitter etc.  It is intentionally done to market a project and create FOMO around it.

SATS

Sats is the smallest unit of Bitcoin.  Similar to a fiat currency (eg- USD), cryptocurrencies are subdivided into smaller units.  1 Sat =  0.00000001 BTC.

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