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7 Crypto Slangs You Need To Know In 2023 Crypto

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1. FOMO FOMO stands for “fear of missing out”. It depicts the anxiety or excitement level of people when they feel others are getting good opportunities.

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2. BTD BTD means to “buy the dip”. It suggests buying a cryptocurrency when its price drops, in the hopes of profiting in future.

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3. Cryptojacking Cryptojacking is a crypto crime which involves stealing a computer for mining cryptocurrency.

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4. Bitcoin Maximalist A Bitcoin maximalist is someone who thinks Bitcoin is best than all other cryptocurrencies.

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5. DYOR DYOR is an abbreviation used for “do your own research”.  It is a reminder for crypto investors to conduct their own due diligence and investigate the potential risks of crypto investments.

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6. Mooning Mooning describes a sudden and significant increase in the price of a cryptocurrency, along with high trading volume.

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7. Whale A person who holds a very large quantity of particular crypto is known as a whale.