You must be hearing some words like FOMO, DYOR and many more after entering into Cryptospace. And you must be like, What the heck are these. These type of words are commonly used in cryptospace.
Here is the solution of the problem. Read these jargons and be a Pro in cryptospace 😉
Altcoin : Cryptocurrencies other than Bitcoin
Whales : One with Majority percentage of a cryptocurrency
FOMO : Fear Of Missing Out
DYOR : Do Your Own Research
FUD : Fear, Uncertainty, Doubt
DYOR : Do Your Own Reaserch
PUMP & DUMP : Price going up is a ‘Pump’ and price going down is a ‘dump’.
ICO : Initial Coin Offering
HODL : Hold On Dear Life (For Holding your investment)
Fiat : Currencies like USD, INR, EUR, GBP etc.
To The Moon : Very Fast increase in the price