*TIPS YOU NEED TO KNOW IN CRYPTO*
These are some short terms we use in crypto⏬
⏩DIP*- Decrease In Price
⏩PUMP* - Increase in price
⏩BULL*- Bullish season (Pumps)
⏩BEAR*- Bearish season (Dumps)
⏩DEFI*- Decentralized Finance
⏩DEX* - Decentralized Exchange
@PancakeSwap,
@Uniswap,
@SushiSwap, etc
⏩CEX*- Centralized Exchange e.g
#Binance,
#Bybit,
#MEXC etc
⏩DW*- Decentralized Wallets e.g
@MetaMask,
@TrustWallet,
@bitkeepwallet,
@wallet
⏩P2P*- Peer to Peer
⏩NFT*- Non Fungible Token
⏩ATH* - All Time High
⏩ATL* - All Time Low
⏩ALT*- Altcoin e.g
#Ethereum,
#Solana,
#Tron etc
⏩DAPP*- Decentralized Application
⏩DAO* - Decentralized Organinzation
⏩DYOR*- Do Your Own Research
⏩NFA* - Not A Financial Advice
⏩EVM*-
#Ethereum Virtual Machine
⏩FOMO* - Fear Of Missing Out
⏩FUD* - Fear Of Uncertainty and Doubts
⏩HODL* - Hold On For Dear Life
⏩MC* - Market Cap
⏩LP* - Liquidity Pool
⏩KYC*- Know Your Customer
⏩POS*- Proof Of Stake
⏩POW*- Proof Of Work
⏩ICO* Initial Cex Offering
⏩IDO* Initial Dex Offering
⏩IEO* Initial Exchange Offering
⏩Whale* A wealthy person in crypto that holds a large amount of Coins
⏩RUG PULL* A scam project or a project that later turns into a scam
⏩Dev* Developer of a project
⏩AMA* Ask Me Anything
⏩PRESALE* A sale before a token launch
⏩AIRDROP* A reward for doing tasks.
#Web3
#Crypto