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- Crypto Buzzwords Demystified — Speak the Language of the Blockchain
Crypto Buzzwords Demystified — Speak the Language of the Blockchain
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Step into any crypto community — X (Twitter), Telegram, Discord, or Reddit — and you’ll encounter a wild mix of slang, abbreviations, and inside jokes. For newcomers, it can feel like learning a foreign language.
That’s why today, we’re giving you the crypto dictionary starter pack — real talk, real meanings, no fluff.
🔑 1. HODL
A legendary typo turned philosophy. Originally meant to say “hold,” but it stuck.
📌 Meaning: Don’t sell during dips — hold through the storm.
💬 “The market is crashing, but I’m HODLing my Bitcoin.”
🤝 2. WAGMI
We’re All Gonna Make It — the battle cry of bullish communities.
📌 Used to encourage unity and belief in success.
💬 “You staked early? WAGMI, legend!”
🚨 3. FOMO
Fear Of Missing Out
📌 That panicked urge to buy when a coin is pumping. Often leads to bad entries.
💬 “I had major FOMO and bought the top.”
😰 4. FUD
Fear, Uncertainty, Doubt
📌 Scary news, rumors, or negativity — true or false — that causes panic.
💬 “That news article was pure FUD. Nothing has changed.”
🏃♂️ 5. Rug Pull
📌 A scam where project founders vanish after raising funds or pumping token price.
💬 “They hyped it so hard, then rugged the community overnight.”
🚀 6. To the Moon
📌 Expression used when a coin’s price skyrockets or is expected to.
💬 “This one’s going to the moon! 🚀”
🐳 7. Whale
📌 A person or wallet that holds a large amount of crypto — enough to move markets.
💬 “A whale just bought 1,000 ETH. The price is pumping already!”
🛑 8. Rekt
(Slang for "wrecked")
📌 Losing a large amount of money, usually from bad trades, leverage, or scams.
💬 “I went all-in on that meme coin and got rekt.”
🧪 9. Testnet
📌 A trial version of a blockchain used to test new features or apps with fake tokens before launching on the mainnet.
💬 “Do that task on the testnet now, you might get an airdrop later.”
🧻 10. Paper Hands
📌 Someone who sells too early out of fear, especially when the market dips.
Opposite of diamond hands.
💬 “If you sold at -10%, you’ve got paper hands, bro.”
💎 Bonus: Diamond Hands
📌 Someone who holds their crypto no matter what — dips, crashes, or FUD.
💬 “Still holding since 2021. Diamond hands only.”
📌 Why This Matters:
Understanding crypto slang helps you:
Keep up with trends
Avoid costly mistakes
Spot hype vs truth
Feel at home in any community