Crypto Glossary For Newbies

By Altcoin Fantasy on Altcoin Academy

If you’ve stumbled into the world of blockchain and crypto, you’ve realized there are numerous terms you’ve likely never heard of and you’re not sure what the heck it means (and you’re probably too afraid to ask).

We include the most popular definitions you will need to know to navigate your way around the cryptoverse.

Slang

• Fear, Uncertainty, And Doubt (FUD)

The term traditionally means spreading doubts about a competitor’s product but in crypto, it means spreading fear, uncertainty or doubt about a specific blockchain project.

• Hold On For Dear Life (HODL)

This is slang in the crypto community which refers to the strategy of holding onto a cryptocurrency rather than selling it, especially when prices drop.

• Moon/Mooning/To The Moon

Used to refer to the increase in the price of a coin. If a token is mooning, that means it’s increasing rapidly in price. To the moon usually reflects an investor’s belief or hope that a coin will increase in price.

• Schilling/Pumping

Schilling is unsolicited endorsing or promotion of a blockchain project or coin. It’s generally used to create hype…