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Investing in cryptocurrency? Here are some crypto slang you need to know

Published

3 years ago

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Investing in cryptocurrency? Here are some crypto slang you need to know

Cryptocurrency is all the buzz, and with all the attention it has gained, new slang has emerged. The jargon used for internal jokes in the early trading chat rooms of the Discord and Reddit threads is now an important term in the crypto craze.

You might see crypto enthusiasts saying things like this on Twitter, “It’s just a classic case of ‘holding’ your Bitcoin for a long time, ‘pumping and dumping’, Dogecoin is really ‘moon’ and so on,” Novice investors or even experienced hands may find it difficult to understand the meaning of these slang terms, so we decided to compile a list of popular slang terms used in the cryptocurrency world to help those who might not know.

The term “HODL” refers to holding cryptocurrency even after its value collapses. In 2013, a user made a typo “hold” on the Bitcoin talk forum and wrote the word “HODL” in a panic. Some people even interpret this acronym as: “Hold on for my dear life.” , The idea is to hold a position instead of panic selling cryptocurrencies when volatility increases. Interestingly, after the 37% collapse of the cryptocurrency market on May 19, this term is most commonly used.

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The decline was triggered by China’s crackdown on the mining and trading of crypto assets. FUD is an acronym that expands to “fear, uncertainty, and doubt.” This is a technique for spreading negative sentiments about cryptocurrency and its future.

The purpose is to spread doubt, fear, and uncertainty in the minds of crypto investors, which may cause the price of a certain currency or the entire cryptocurrency space to fall.

People who spread FUD are called “fudders.” Experts recommend paying attention to unfounded hype, as this will lead to a sell-off and reduce the value of the token, thereby affecting investors.

News Source : The Indian Express

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SpiceJet announces 8 new flights to connect Jaipur with Varanasi, Amritsar and Ahmedabad

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2 months ago

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November 6, 2024

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SpiceJet announces 8 new flights to connect Jaipur with Varanasi, Amritsar and Ahmedabad

SpiceJet expands its domestic network with 8 new flights that will connect Jaipur with Varanasi, Amritsar and Ahmedabad and also link Ahmedabad with Pune.

SpiceJet is further expanding its domestic network with the launch of eight new flights starting November 15.

In the statement released on Wednesday, the airline announced that these new routes will connect Jaipur with Varanasi, Amritsar and Ahmedabad, while also linking Ahmedabad with Pune. This expansion follows the recent launch of 32 new flights in October 2024, including two international flights connecting Delhi with Phuket.

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Last month, SpiceJet also commenced UDAN flights linking Shivamogga in Karnataka with Chennai and Hyderabad, and introduced double daily flights between Chennai and Kochi, enhancing connectivity across key regional and metropolitan cities.

“We are excited to announce the launch of new flights from Jaipur to Varanasi, Amritsar, and Ahmedabad, as well as from Ahmedabad to Pune, providing our passengers with greater flexibility and convenience,” SpiceJet Chief Business Officer Debojo Maharshi said.

“These new flights reflect our commitment to supporting passenger demand across tier-II cities and beyond. With our expanded winter schedule, including international and UDAN routes, we aim to provide our customers with greater convenience, affordability, and seamless travel experiences,” Maharshi added.

SpiceJet will deploy its 78-seater Q400 aircraft in these sectors. Bookings for the new flights are now open and tickets are available at the website of the airline, SpiceJet’s mobile app and through online travel portals and travel agents.

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On Monday, the airline received a significant boost, with Acuite Ratings & Research Limited upgrading its long-term rating by four notches to ‘B ‘ and its short-term rating to A4. The rating agency has also assigned a ‘Stable’ outlook to the airline.

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