FOMO FUD HODL ???

in #ctp5 years ago (edited)

If you're new to the exciting world of crypto as I am, you are possibly confused by all the terms and alphabet soup.
I know I am. Another favorite term of mine is BTFD= Buy The F*cking Dip! I love that.
This cup is from the awesome folks over at https://hodlfuel.com I am in no way affiliated with them. I'm just a fan of their merchandise.
Oh ya, HODL is another one to learn. But what do they all mean? Research is your friend. In my google searching, I came across the site listed below. It gives a pretty decent definition of these and other terms you are likely to run across as you traverse the world of crypto and investing.
https://www.smallcapasia.com/what-is-fud-hodl-or-fomo-in-cryptocurrency-lingo-find-out-more-here/
FUD is a big one and something you are going to see over and over again, especially where bitcoin is concerned. I'll give you a freebie here: Fear Uncertainty Doubt. Do your own due diligence here. You will find opinions that run the full gamut from BTC will hit 300,000 soon to OMG it will be zero tomorrow. It is the not so educated opinion of this blogger that BTC is here to stay and crypto overall will be as commonplace as Netflix and online shopping. I believe in the not so distant future, you will use crypto wallets and coin payments without even thinking about it.—Pngtree—pack of 3d crypto currency_3589260.jpg
Image courtesy of: free vectors from pngtree.com

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Great post Craig and yes all the short forms can be confusing to say the least.

Thanks for the kind words, Eric.
I'm loving this platform.

thanks for this info, Craig! I have much to learn. I'm still getting dizzy at all the terms I encountered. LOL!

Thank you, Rosey. Glad I can help. If there's anything I can talk about that you need help with, let me know. I'm always looking for new content ideas.

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