CRYPTO 101

Ep. 4 - HODL And Other Slang

8 snips
Jul 23, 2017
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INSIGHT

HODL Origin

  • "HODL" originates from a typo of "hold" but is now humorously interpreted as "hold on for dear life."
  • It emphasizes not selling during market downturns.
ANECDOTE

Dogecoin Scam

  • Ryan Kennedy (alias Alex Green) launched Dogecoin as a fun, donation-based currency.
  • He later exploited it, creating an exchange and absconding with $2-4 million.
INSIGHT

FUD Definition

  • FUD stands for Fear, Uncertainty, and Doubt and spreads negativity during market downturns.
  • It's used to describe the emotional state of investors and the general market sentiment.
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