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Crypto Slangs You Need To Know In 2023

A person who holds a very large quantity of a particular coin or token is known as a whale.

Whale

Mooning is a term used to describe a sudden and significant increase in the price of a cryptocurrency, often accompanied by high trading volume.

Mooning

The abbreviation for “do your own research” is DYOR.  It is a reminder for cryptocurrency investors to conduct their own due diligence and investigate the potential risks and rewards of a particular investment.

DYOR

A Bitcoin maximalist is someone who thinks Bitcoin is better than all other cryptocurrencies and is the only one that is valuable.

Bitcoin Maximalist

Cryptojacking is a type of crypto crime that involves stealing a computer and using it to mine cryptocurrency.

Cryptojacking

The abbreviation BTD means to “buy the dip”. Its a phrase that suggests buying a cryptocurrency when its price drops, in the hopes of profiting from a future rebound.

BTD

FOMO

FOMO is an abbreviation for “fear of missing out”. It describes the anxiety or excitement people feel when they believe others are getting opportunities they are not.