NFTslangs.com

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FOMO

What does FOMO means?

An acronym for “fear of missing out.” It’s a fear of missing big rewards despite investing in a project or a cryptocurrency. A FOMO might happen when a coin or NFT rises significantly within a short period, and you’ve not shared in the profit.

Example

This warning tweet by @TheMoonCarl is a good usage example of FOMO:

“Many people will panic and sell their #Bitcoin only to FOMO back in at higher prices. Don’t be like them.”

Random Slangs

Collectible

These are valuable digital items that are available for collection. Generally, they’re NFTs and range from artworks, music, video, cloth, sport collectibles to many more.

Diamond hands

Describes collectors who don’t let go of an asset even when the market looks bearish. Thus, such people tend to hold on to a digital

Noob / Pleb

An NFT or crypto beginner. Generally, someone not knowledgeable about a subject matter is called a Pleb or Noob. But the NFT community has adopted it to describe

McDonald’s

It’s used jokingly as an alternative career to a failed NFT investment. The NFT community uses it comically as the career option to fall on

Fungible Tokens (FT)

These are tokens that are swappable for physical or digital items like NFTs. Fungible tokens, however, have buying power. Examples ETH, SOL, Bitcoin, and many

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