Every important Bitcoin term explained.
A bag holder is someone holding a large quantity of a given cryptocurrency which has been purchased as a part of an investor’s portfolio that has not been sold.
Instead of Trusting someone who said they sent you crypto, you can Verify whetner or not the transaction was completed
DYOR stands for Do Your Own Research.
FUD is a form of psychological manipulation based on planting seeds of Fear, Uncertainty, and Doubt in the minds of potential investors.
HODL became a meme after a user on the Bitcointalk.org forums wrote HODL instead of HOLD.
Nocoiners don't hold or invest in crypto. They also spread and promote hate speech about Bitcoin and cryptocurrency.
When you have the private key you are responsible for and have complete control over the crypto contained in your wallet. By storing your coins on an exchange, you have to go through them for every transaction.
Precoiners are always on the verge making their first Bitcoin purchase. They'll always have an excuse as to why they haven't bought yet.
Virgin Bitcoin are Bitcoins that are purchased directly from miners.
