Reddit’s WallStreetBets trading lingo has filtered its way onto the mainstream media this week due to Thursday’s Robinhood hearings in Washington DC. This lingo has also been used in the Dogecoin community for quite some time, actually since its inception.
Terms like To The Moon, HODL, and Paper Hands can be seen all throughout the Dogecoin Reddit page and on Twitter. So we will break down all the WallStreetBets, and Dogecoin / Crypto lingo is one full list.
Here is a breakdown of what they all mean.
ROARING KITTY
Keith Gill, a financial adviser whose Reddit posts and YouTube videos helped drive interest in GameStop’s stock back in January.
STONKS
An intentional misspelling of the word “stocks” originated from a meme.
HODL
It means to Hold On For Dear Life. Someone on Reddit posted a message that spelled the word “hold” wrong, and readers interpreted it as the acronym.
FUD
It means fear, uncertainty, and doubt.
Sats
It is short for “satoshis,” derived from the first name of Satoshi Nakamoto, the person who is presumed to have developed bitcoin. It refers to the smallest fraction of a bitcoin that can be sent.
Whale
A person who owns a large precentage of a certain cryptocurrency.
Pump and dump
It means people buy a coin and create demand in the market. The coin will go up in value, then everyone dumps the coin and sells it for a profit.
Mooning
This means a coin’s price is experiencing a spike.
Apes Together Strong
Saying is derived from a meme based on the movie Rise of Planet of the Apes, sometimes represented by a gorilla emoji. When used by WSB, the apes are retail investors who are bullish on heavily-shorted stocks. If the “apes” unite, they can be strong enough to outlast those who short on a stock.
Rockets
It means when someone wants a stock price to skyrocket.
Bears
A bear investor thinks a stock or the market will decrease in value. Not well-liked among many users.
YOLO
Short for “you only live once.” If someone has “yoloed” a stock, that user poured a lot of their money into that investment.
BAGHOLDER
Someone who has taken heavy losses on stock or coin. While other users may have profited from a similar position, that person is left holding the bag.
Hold the Line
A battle cry during volatility in the markets or with crypto. When it begins to drop, appeals to “hold the line” come out and do not sell.
Paper Hands
Paper hands are when someone sells at the first sign of a downward trend, the opposite of diamond hand. It is used in a derogatory manner toward those who are not fully committed to a position.
TENDIES
A shorthanded word for chicken tenders, which WSB uses as slang for profits from a trade.
DIAMOND HANDS
Often referenced using emoji, “diamond hands” are how members express their belief that their position is valuable and worth holding on to for maximum profit. Conversely, a trader with “paper hands” sells out early.
TO THE MOON
A rallying cry on WSB, which members use to express their belief that a stock will rise significantly. A rocket emoji often accompany the phrase.
We Like the Stock
Originally attributed to Jim Cramer, a CNBC television personality, “we like the stock”. It is used to justify why users hold large positions in stocks or crypto.
Buy the Dip
For people bullish on a stock, a price drop is an opportunity to “buy the dip.” Buy while the stock or crypto is going lower.
Buy High Sell Low
A joke used on Reddit or Twitter when a user posts losses. If a user lost money on a trade, they were said to have bought high and sold low—a play on the all too obvious financial advice to buy low and sell high.
