You’ll hear a number of trading jargon that may sound foreign, whether you’re new to crypto, the stock market, or day trading Forex. What do the terms FOMO, ROI, ATH, and HODL all mean? It can be intimidating to learn all these new phrases because trading and investing have their own language. However, if you want to stay abreast of what’s happening in the financial markets, they might be quite handy.
We’ve listed some of the key trading terminologies in this article that anyone trading cryptocurrencies should be familiar with.
Fear, Uncertainty, and Doubt (FUD): Spreading of fear and misinformation to gain an advantage.
Fear Of Missing Out (FOMO): The emotion you feel when you panic buy.
HODL: Buy and hold on to it for a long time!
BUIDL: Keep your head down and build the next financial system.
SAFU: Funds are safe!
Return on Investment (ROI): How much money you are making (or losing).
All-Time High (ATH): The highest price ever recorded!
All-Time Low (ATL): The lowest price ever recorded.
Do Your Own Research (DYOR): Don’t trust, verify.
Due Diligence (DD): Smart people make decisions based on facts.
Anti Money Laundering (AML): Regulations that prevent criminals from hiding their money.
Know Your Customer (KYC): Regulations that make exchanges verify your identity.