Already entered the crypto world but still confused by slang terms? Don't worry, you're not alone. I'll explain the strange words people often use in the community.

Starting with the basics. Have you heard of aping? That’s when someone buys a token immediately after it launches without doing any research. Then there’s bagholder — those who hold onto assets even as the price crashes. They believe the price will recover, or simply fear admitting defeat.

There’s a group called Bitcoin maximalists — people who believe Bitcoin is the only cryptocurrency with value. BTD stands for buy the dip, meaning buying when the price drops, taking advantage of the opportunity to buy more at a lower price.

You might have heard of cryptojacking, which is when hackers exploit your computer’s power to mine cryptocurrency without permission. Then there’s cryptosis — people who keep learning about crypto and never stop talking about it.

Now for the interesting part. Diamond hands and paper hands are two important concepts. Diamond hands are traders who hold firm, not selling even when the market drops. Conversely, paper hands are those who sell immediately at the first sign of trouble — panic selling. DYOR stands for do your own research, reminding you to check out a project before investing.

Flippening is a concept formed in 2017, referring to Ethereum surpassing Bitcoin in market capitalization. FOMO — fear of missing out — is the fear of missing profit opportunities. This feeling drove many bad decisions in 2017.

FUD stands for fear, uncertainty, and doubt. It’s a psychological tactic to create negative perceptions about something. In crypto, FUD can significantly impact a coin’s price.

GM is short for good morning, used to promote positivity and greetings in the community. HODL — hold on for dear life — originated from a typo in 2013, but has become a long-term buy-and-hold strategy. What does IYKYK mean? It stands for if you know, you know — meaning a post only makes sense to those in the know.

LFG means let’s go, used to show excitement. Moon or mooning describes a coin expected to increase sharply in value — skyrocketing to the moon. Overenthusiastic people are called moonbois.

NGMI means will not make it — often used to predict failure due to bad decisions. WAGMI stands for we are all going to make it — used by the community to spread positive inspiration.

No-coiner refers to someone who strongly criticizes crypto and believes it has no value. Normie is someone with traditional thinking, less familiar with crypto. Pump and dump is a scam where a group buys a large amount of an asset at a low price, pushes the price up, then sells quickly for profit, causing late buyers to lose.

Rekt means a trader suffers serious financial loss. Rug pull is a scam where developers abandon a project and withdraw all assets. Sats is short for Satoshis, the smallest unit of Bitcoin — 1 Bitcoin equals 100 million Satoshis.

Shilling is when someone promotes a specific coin to generate excitement. Vaporware refers to blockchain projects that are still just concepts, with no actual product yet. Weak hands are those who sell when the price starts to fall.

Finally, whales are individuals or organizations holding large amounts of a certain cryptocurrency — they are wealthy enough to manipulate the market. Bear whale refers to a whale with a tendency to push prices down. And wen lambo — when lambo — is a sarcastic way of asking when your investment will be valuable enough to buy a Lamborghini.

Remember, before investing in any project, do your own research. Crypto is a world full of opportunities but also risks.