Slang

Bag holding refers to holding a weak or plummeting asset with little hope of recovery, often due to emotional attachment or denial of reality.

DeFi (Decentralized Finance) refers to financial services built on blockchain networks that operate without traditional intermediaries like banks or brokerages. Using smart contracts on platforms like Ethereum, DeFi applications enable lending, borrowing, trading, and earning interest directly between users. The key advantage is permissionless access, transparency, and 24/7 availability, though users bear full responsibility for security and smart contract risks.

Diamond hands is a slang term used in crypto communities to describe investors who hold onto their assets through extreme volatility without selling. It conveys confidence and resilience, though in practice it can either lead to massive profits or significant losses depending on market outcomes.

HODL is a slang term in crypto culture that means holding onto your crypto assets long-term instead of selling, especially during market dips. Originally a typo for “hold” in a Bitcoin forum post, it has since become a rallying cry for long-term investors who believe in the future value of their coins despite volatility.

Paper hands is the opposite of diamond hands, selling early at the first sign of pressure or dip. It’s often a loss of opportunity & a behaviour expressed by new traders.

Pump and Dump is a scheme where a group artificially inflates the price of a low-liquidity coin (pump) and then sells at the top (dump), leaving late buyers with heavy losses.

REKT is crypto slang for being financially wrecked by a bad trade, usually through extreme losses, liquidation, or over-leverage.

Round-Tripping in crypto is when an investor sees their unrealized profits disappear because they fail to take profit and the asset returns to their original entry price. It reflects poor exit planning or waiting too long in hopes of higher gains.