[Ads-l] FOMO-buy, FUD-sell, weak hand, strong hand, to shake out (crypto)

Barretts Mail mail.barretts at GMAIL.COM
Sun Sep 17 16:20:45 UTC 2017


I would not be surprised in the least if the last three do and warrant entry in standard dictionaries. BB

Sent from my iPhone

> On Sep 17, 2017, at 09:11, Dan Goncharoff <thegonch at GMAIL.COM> wrote:
> 
> Some of this terminology goes back a century, in the context of pre-SEC
> stock markets.
> 
> DanG
> 
> On Sun, Sep 17, 2017 at 12:21 AM, Barretts Mail <mail.barretts at gmail.com>
> wrote:
> 
>> Here is a short list of terms with examples from crypto Twitter, the
>> vaguely defined subset of tweets concerning cryptocurrency.
>> 
>> These keep piling up and as I just want to get them out of mind, I have
>> not spent much time examining them, looking for first instances or
>> searching for them in references.
>> 
>> ======
>> 
>> The Oxford Living Dictionaries have “to panic-buy” (https://en.
>> oxforddictionaries.com/definition/panic-buy <https://en.
>> oxforddictionaries.com/definition/panic-buy>) and “to panic sell” (
>> https://en.oxforddictionaries.com/definition/panic_sell <https://en.
>> oxforddictionaries.com/definition/panic_sell>), first one hyphenated,
>> second one not.
>> 
>> The OLD also have “FOMO”, "Anxiety that an exciting or interesting event
>> may currently be happening elsewhere, often aroused by posts seen on social
>> media.” This also occurs in crypto trading when you see a green dildo
>> (sudden upward spike) or lots of good news about a coin.
>> 
>> To buy under FOMO is to “FOMO-buy”.
>> 
>> 1. https://www.reddit.com/r/omise_go/comments/6t0xri/here_it_goes_again/ <
>> https://www.reddit.com/r/omise_go/comments/6t0xri/here_it_goes_again/>
>> SrirachaPeass
>> 
>> damn it! i just FOMO bought in. i should've bought in yesterday ): i
>> thought it was gonna go little bit lower.
>> 
>> 2. https://www.reddit.com/r/Bitcoin/comments/5ym5si/fomo/ <
>> https://www.reddit.com/r/Bitcoin/comments/5ym5si/fomo/>
>> sgbett
>> 
>> I might be doing it wrong, but I just FOMO bought the rumour. I couldn't
>> help it. What if this is it!?!?!?111one
>> 
>> 3. https://www.reddit.com/r/omise_go/comments/6u1klx/me_
>> right_now_watching_omg/ <https://www.reddit.com/r/
>> omise_go/comments/6u1klx/me_right_now_watching_omg/>
>> tgwttihs
>> 
>> I fomo bought 10 mins ago and its going down now…
>> 
>> ======
>> 
>> The OLD also have “FUD” (https://en.oxforddictionaries.com/
>> definition/us/fud <https://en.oxforddictionaries.com/definition/us/fud>),
>> "Fear, uncertainty and doubt, usually evoked intentionally in order to put
>> a competitor at a disadvantage.” In crypto, there may be bad rumors about a
>> coin/market conditions or irregular movement on a coin’s charts that make
>> traders feel uneasy, which is FUD.
>> 
>> To sell under the influence of FUD is to “FUD-sell”.
>> 
>> 1. https://steemit.com/crypto/@razvanelulmarin/fear-and-
>> uncertainty-in-crypto <https://steemit.com/crypto/@
>> razvanelulmarin/fear-and-uncertainty-in-crypto>
>> meesterboom
>> 
>> Most coins I have FUD sold in the past have bounced back. It's always
>> worth that deep breath!!!
>> 
>> 2. https://www.reddit.com/r/Bitcoin/comments/6eiab9/sell_
>> or_hold_before_forksegwit_for_people_who/ <https://www.reddit.com/r/
>> Bitcoin/comments/6eiab9/sell_or_hold_before_forksegwit_for_people_who/>
>> beantheredone
>> 
>> Always Hodl. If not you'll be one of the scores of people lamenting when
>> they panic-sold or FUD-sold. If there is a dip, buy more.
>> 
>> 3. http://veekyforums.com/thread/2692306/business/ltc-mooning.html <
>> http://veekyforums.com/thread/2692306/business/ltc-mooning.html>
>> Gigastrength
>> 
>> LOL @ all the weak hands that FUD sold
>> 
>> ======
>> 
>> weak hand = the lack of resolve to hodl (hold) a coin when the price goes
>> down
>> 
>> c.f.: https://en.oxforddictionaries.com/definition/us/weak <https://en.
>> oxforddictionaries.com/definition/us/weak> "Lacking the force of
>> character to hold to one's own decisions, beliefs, or principles;
>> irresolute"
>> Also: http://www.investopedia.com/terms/w/weakhands.asp <
>> http://www.investopedia.com/terms/w/weakhands.asp> "Retail traders in the
>> forex market who abide by the conventional wisdom that when a pattern is
>> broken, get out."
>> 
>> Read more: Weak Hands http://www.investopedia.com/terms/w/weakhands.asp#
>> ixzz4suDCqI00
>> Follow us: Investopedia on Facebook
>> 
>> 
>> 1. https://www.reddit.com/r/Bitcoin/comments/6sbu8g/when_
>> my_weak_hand_tries_to_sell_but_i_know_i/ <https://www.reddit.com/r/
>> Bitcoin/comments/6o1gb5/weak_hand_today/>
>> stevev916
>> 
>> When my weak hand tries to sell, but I know I should hodl.
>> 
>> 2. https://steemit.com/bitcoin/@investing/dan-bilzerian-buys-
>> bitcoin-don-t-be-a-weak-hand-and-sell <https://steemit.com/bitcoin/@
>> investing/dan-bilzerian-buys-bitcoin-don-t-be-a-weak-hand-and-sell>
>> investing
>> 
>> "Dan Bilzerian Buys Bitcoin. Don't be a Weak Hand and Sell”
>> 
>> ======
>> 
>> strong hand = the resolve to hodl when the price of a coin goes down
>> c.f.: https://en.oxforddictionaries.com/definition/us/strong_hand: <
>> https://en.oxforddictionaries.com/definition/us/strong_hand:> "firm and
>> decisive action”
>> Also: http://www.investopedia.com/terms/s/stronghands.asp <
>> http://www.investopedia.com/terms/s/stronghands.asp> "A futures-contract
>> holder that is a well-financed speculator."
>> 
>> 1. https://steemit.com/bitcoin/@bitcoinmeister/bitcoin-segwit-
>> to-activate-strong-hand-holding-pays-off-and-is-easy-ethereum-issues <
>> https://steemit.com/bitcoin/@bitcoinmeister/bitcoin-segwit-
>> to-activate-strong-hand-holding-pays-off-and-is-easy-ethereum-issues>
>> bitcoinmeister
>> 
>> "Bitcoin Segwit to activate! Strong hand holding pays off & is easy!"
>> 
>> 2. https://www.reddit.com/r/Bitcoin/comments/6zxvs7/heres_
>> to_the_strong_hands/ <https://www.reddit.com/r/
>> Bitcoin/comments/6zxvs7/heres_to_the_strong_hands/>
>> Anen-o-me
>> 
>> “Here’s to the Strong Hands”
>> 
>> 3. https://twitter.com/RichardHeartWin/status/903569298102390784 <
>> https://twitter.com/RichardHeartWin/status/903569298102390784>
>> @RichardHearthWin
>> 
>> This is for all the #Bitcoin heroes. The strong hands. The ones you can't
>> shake out! Hodl 4 life.
>> 
>> ======
>> 
>> "To shake out" means to cause weak hands to sell, such as happens when the
>> price of a coin drops. “Get shaken out” is probably far more common.
>> 
>> As is probably expected, the shake-shook-shaken paradigm is shaky, with
>> “shook” often acting as the pp. Although writers are not necessarily native
>> English speakers, I would expect them to have a higher adherence rate than
>> native English speakers, but that is simply a personal guess.
>> 
>> OLD: https://en.oxforddictionaries.com/definition/us/shakeout <https://en.
>> oxforddictionaries.com/definition/us/shakeout> "An upheaval or
>> reorganization of a business, market, or organization due to competition
>> and typically involving streamlining and layoffs.”
>> Also, http://www.investopedia.com/terms/s/shakeout.asp?ad=dirN&
>> qo=investopediaSiteSearch&qsrc=0&o=40186 <http://www.investopedia.com/
>> terms/s/shakeout.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186> "A
>> situation in which many investors exit their positions, often at a loss,
>> because of uncertainty or recent bad news circulating around a particular
>> security or industry."
>> 
>> 1. https://www.reddit.com/r/Bitcoin/comments/61f0bq/thats_it_im_out/ <
>> https://www.reddit.com/r/Bitcoin/comments/61f0bq/thats_it_im_out/>
>> bitcoin1989
>> 
>> Everytime there's a correction the weak hands gets shaken out, but not all
>> the new investors get shaken out and the old investors take the opportunity
>> to buy...which is why the trend is upwards.
>> 
>> 2. https://steemit.com/bitcoin/@hilarski/the-crypto-currency-
>> roller-coaster-is-not-for-the-faint-of-heart <
>> https://steemit.com/bitcoin/@hilarski/the-crypto-currency-
>> roller-coaster-is-not-for-the-faint-of-heart>
>> scandinavianlife
>> 
>> Weak hands holding too much of their measly savings in the crypto space
>> got shaken out.
>> 
>> 3. https://www.reddit.com/r/Bitcoin/duplicates/6x2lyh/you_are_the_product/
>> <https://www.reddit.com/r/Bitcoin/duplicates/6x2lyh/you_are_the_product/>
>> sha777888
>> 
>> We have a network which at this point should have shook out almost every
>> weak hand.
>> 
>> 4. https://steemit.com/bitcoin/@longstocksilver/what-i-ve-
>> learned-trading-alt-coins-when-bitcoin-and-ethereum-are-climbing <
>> https://steemit.com/bitcoin/@longstocksilver/what-i-ve-
>> learned-trading-alt-coins-when-bitcoin-and-ethereum-are-climbing>
>> longstocksilver
>> 
>> It's definitely tough not to get shook out.
>> 
>> Benjamin Barrett
>> Formerly of Seattle, WA
>> ------------------------------------------------------------
>> The American Dialect Society - http://www.americandialect.org
>> 
> 
> ------------------------------------------------------------
> The American Dialect Society - http://www.americandialect.org

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