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What are the slang terms commonly used in the cryptocurrency NFT community?

avatarPingping ClothingJan 14, 2022 · 3 years ago3 answers

In the cryptocurrency NFT community, there are various slang terms that are commonly used. What are some of these slang terms and what do they mean?

What are the slang terms commonly used in the cryptocurrency NFT community?
Cryptocurrency
NFT
Slang

3 answers

  • avatarJan 14, 2022 · 3 years ago
    One popular slang term in the cryptocurrency NFT community is 'moon'. It refers to a significant increase in the price of a particular cryptocurrency or NFT. When someone says 'to the moon', they are expressing their belief that the price will rise dramatically. 🚀
  • avatarJan 14, 2022 · 3 years ago
    Another slang term is 'HODL', which originated from a misspelling of 'hold'. It means to hold onto a cryptocurrency or NFT, regardless of market fluctuations. It is often used to encourage long-term investment strategies. 💎
  • avatarJan 14, 2022 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, has its own slang term called 'BYD'. It stands for 'Buy Your Dreams' and is used to encourage users to invest in cryptocurrencies and pursue their financial goals. Remember, always do your own research before investing. 🌟

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