Crypto Glossary A to Z: Crypto Terms & Jargon for Beginners

Airdrop – A way for projects to distribute tokens
Altcoin – An “Alternative Coin” or any cryptocurrency launched after Bitcoin
AML – Anti-Money Laundering
APE – Invest in something without doing research
APR – Annual Percentage Rate
APY – Annual Percentage Yield
AR – Augmented Reality
ATH – All-Time High
Bags – What you’re holding (your investments)
BTD – Buy The Dip
BTFD – Buy The F**king Dip
BPD – Bitcoin Pizza Day or Big Pay Day
Capitulate – Selling Assets or Cryptocurrencies at a Significant Loss
CBDC – Central Bank Digital Currency
CEX – Centralized Exchange (e.g. Binance)
Cold Wallet / Cold Storage – Offline wallet that is never connected to the internet (e.g. Ledger)
DAO – Decentralized Autonomous Organization
DApp – Decentralized Application
(DDoS) Attack – Distributed Denial of Service
DeFi – Decentralized Finance
Degen – Degenerate as in a degenerate gambler
Diamond Hands – Someone that won’t sell
DEX – Decentralized Exchange (e.g. UniSwap)
DYOR – Do Your Own Research
EIP – Ethereum Improvement Proposal
ERC-20 – (Ethereum Request for Comment) Smart contracts which are issued on Ethereum
ERC-721 – Ethereum smart contract, which allows for the issuance of NFT
ENS – Ethereum Name Service
Fiat Currency – Government-issued/traditional currency e.g USD, GBP, EU
FOMO – Fear Of Missing Out
FUD – Fear, Uncertainty & Doubt
HODL – Misspelling of “hold” or “hold on for dear life”
Hot Wallet / Hot Storage – A wallet that is connected to the internet
Hold – Don’t Sell
ICO – Initial Coin Offering 
KYC – Know Your Customer
LP – Liquidity Provider
Moon – When Crypto drastically increases in price
NFT – Non-Fungible Token
NGMI – Not Gonna Make It
NYKNYC – Not Your Keys, Not Your Crypto
Paper Hands – Someone who sells easily
POH – Proof Of History (Measure time before consensus used by Solana)
POS – Proof Of Stake (Consensus Mechanism used by Ethereum 2.0)
POW – Proof Of Work (Consensus Mechanism used by Bitcoin)
Pump and Dump – Artificially inflate the price of an asset and sell high
REKT – When you lose a bunch of money
Rug Pull – Get Scammed
Satoshi – Pseudonymous founder of Bitcoin and 0.00000001 BTC
Shill – Peddle a Coin or Token for your benefit
Shitcoin – Useless Coin or Token with poor fundamentals
TOR – The Onion Router (Browser to access the “Dark Web”)
TPS – Transactions Per Second
WAGMI – We’re All Gonna Make It
Web3 / Web 3.0 – Refers to the Decentralized Web
Whale – An investor with a large amount of crypto
When Lambo – When will you have enough Crypto or Money to buy a Lambo
XBT – Alternative abbreviation for Bitcoin (BTC)
51% Attack – When half the mining power on a network is run by a single organization