Course Content
12 Terms Every Crypto Trader Should Know
I'm too lazy to read, what's the TL;DR? Fear, Uncertainty, and Doubt (FUD): Spreading of fear and misinformation to gain an advantage. Fear Of Missing Out (FOMO): The emotion you feel when you panic buy. HODL: Buy and hold on to it for a long time! BUIDL: Keep your head down and build the next financial system. SAFU: Funds are safe! Return on Investment (ROI): How much money you are making (or losing). All-Time High (ATH): The highest price ever recorded! All-Time Low (ATL): The lowest price ever recorded. Do Your Own Research (DYOR): Don't trust, verify. Due Diligence (DD): Smart people make decisions based on facts. Anti Money Laundering (AML): Regulations that prevent criminals from hiding their money. Know Your Customer (KYC): Regulations that make exchanges verify your identity.
12 Terms Every Crypto Trader Should Know
About Lesson
Cryptocurrency trading terms can seem a bit confusing at first. But now you know a good chunk of them, so you can feel more SAFU with all these abbreviations.  Make sure to DYOR on FUD, not blindly FOMO into a coin that has reached ATH, and keep HODLing and BUIDLing!
Still eager to learn more about cryptocurrency trading terms? Check out our Q&A platform, Ask Academy, where you can get your questions answered by the Binance community.