TIPS YOU NEED TO KNOW IN CRYPTO These are some short terms we use in crypto: - DIP - Decrease In Price - PUMP - Increase in price - BULL - Bullish season (Pumps) - BEAR - Bearish season (Dumps) - DEFI - Decentralized Finance - DEX - Decentralized Exchange (e.g., Pancakeswap, Poocoin, Uniswap, Sushiswap) - CEX - Centralized Exchange (e.g., Binance, Bybit, MEXC) - DW - Decentralized Wallets (e.g., Metamask, Trust Wallet, Bitkeep Wallet, OKX Wallet) - P2P - Peer to Peer - NFT - Non-Fungible Token - ATH - All-Time High - ATL - All-Time Low - ALT - Altcoin (e.g., Ethereum, Binance Coin, Tron) - DAPP - Decentralized Application - DAO - Decentralized Organization - DYOR - Do Your Own Research - NFA - Not Financial Advice - EVM - Ethereum Virtual Machine - FOMO - Fear Of Missing Out - FUD - Fear, Uncertainty, and Doubts - HODL - Hold On For Dear Life - MC - Market Cap - LP - Liquidity Pool - KYC - Know Your Customer - POS - Proof Of Stake - POW - Proof Of Work - ICO - Initial Coin Offering - IDO - Initial DEX Offering - IEO - Initial Exchange Offering - Whale - A wealthy person in crypto holding large amounts of coins - RUG PULL - A scam project or a project that later turns into a scam - Dev - Developer of a project - AMA - Ask Me Anything - PRESALE - A sale before a token launch - AIRDROP - A reward for completing tasks