More Bitcoin Slang Words You Need to Know

Is the vocabulary of Bitcoin still leaving you scratching your head? Don't worry, we're back with Part 2 of our series on popular Bitcoin slang! In case you missed it, check out Part 1 for a head start. Dive in with us and unlock the secrets of the cryptosphere!

Bullish - Expecting the price will increase

Bearish - Expecting the price will decrease

Stacking Sats - Accumulating small amounts of Bitcoin over time, aiming to build a significant holding.

ATH - (Meaning: All Time High) Refers to the highest price that an asset has ever reached in its history.

Rekt - Means ‘wrecked’ or ‘destroyed’ and is used to describe significant losses in the financial market.

Bitcoin Maxi - Someone who believes Bitcoin is the only valuable cryptocurrency and all others are irrelevant.

DCA - (Meaning: Dollar Cost Averaging) A gradual investment strategy, like buying small amounts of Bitcoin regularly.

Fiat - regular money like Dollars and Euros.  It is government-issued currency that is not backed by a physical commodity, such as gold. 

BTD -  (Meaning: Buy the  Dip) Refers to the practice of buying an asset when its price falls, with the belief that it will eventually climb back up in value.

Paper Hands - The opposite of ‘Diamond Hands’.  Someone who panics and sells their Bitcoin at a loss due to FUD.