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But he doesn't even know what Normie means. So I thought of putting together a list of Crypto jargon that would be beneficial for him. Normie A person with little or no knowledge of crypto. LFG LFG is an abbreviation for 'let's f****g go!' and is used to convey enthusiasm or excitement for a project. FOMO Abbreviated as 'FOMO,' which stands for 'fear of missing out,' in the world of cryptocurrency, it describes the apprehension felt by traders about possibly missing a profitable opportunity. Ape Wen Lambo? "When do you plan on acquiring a Lamborghini?" is used ironically to ridicule individuals fixated solely on a coin's price. Rekt In crypto lingo, 'rekt' is the term used to describe a situation where a trader undergoes significant financial losses as a result of a poor trade or investment decision. NGMI NGMI, short for 'not gonna make it,' is frequently employed in crypto to predict future failure due to imprudent choices (e.g., selling during an upward trend). It can also be used to mock those who oppose crypto or lack fundamental crypto knowledge. WAGMI WAGMI is the short form for "we are all gonna make it." Mooning Refers to a cryptocurrency that rising significantly in the market. Bagholder Shill Shilling refers to the practice of someone with a vested interest promoting a specific coin to generate enthusiasm and attract potential investors into purchasing it. Sats Sats, a shortened form of Satoshis, represents the smallest denomination of Bitcoin (BTC) and is named after the creator of the Bitcoin, Satoshi Nakamoto. Rug Pull A rug pull is a cryptocurrency scam, occurs when a project's development team abandons it before completion, depleting all assets and leaving investors with a worthless currency. P & D (pump and dump) A fraudulent tactic, pump-and-dump schemes involve artificially inflating an crypto's price with deceptive information. This usually entails a group rapidly purchasing a significant amount of the asset at a low price, leading to increased demand and price. HODL Originally a misspelling of 'hold,' HODL, an abbreviation for 'hold on for dear life,' has become a term that essentially means 'keep' in the context of cryptocurrency. GM The abbreviation GM stands for 'Good Morning.' In the crypto world, it's used to spread positivity, greet others, and foster online camaraderie. FUD FUD, short for 'fear, uncertainty, and doubt,' is a marketing and communication strategy employed to instill a negative perception of something in people's minds DYOR DYOR is an abbreviation for 'do your own research,' frequently employed in the cryptocurrency space as a reminder for investors to thoroughly investigate a project before making an investment. Re-post this tweet if you think our Normie friends need to be educated, as they are joining us😁
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