If you are new to the crypto industry and complicated by crypto slang. Don't worry, we are here to help you out. In this article, we will tell you "what does gm mean in crypto" and the meanings of other slang.
What does gm mean in crypto?
GM — Good morning. It's a term used to promote positivity, greet others, and build a sense of “community” among crypto and NFT traders in Discord servers, Telegram chats, and Twitter.
Other Crypto Slangs
FREN — Friend. This is an intentional, quirky misspelling of the word friend, but it's typically delivered with a warmer, youthful pronunciation and tone.
FUD — Fear, uncertainty, and doubt. Feelings of “FUD” are quite common in the volatile crypto and NFT market. People critique others for “fudding” various coins and projects on the internet.
GN — Good night. Similar to gm, but used in the evening. It's often used as a signal the user is logging off for the night.
GRIND/GRINDING — Doing hard, tedious, or boring work toward a goal. Used in gaming to refer to leveling up through mindless resource farming. Used in NFT space to refer to “Discord grinding,” which is where, for some collections, users must frequently type or engage in a collection's Discord server in order to get on said collection's presale list.
LFG — Let's fucking go. An excited phrase used to hype up and congratulate people, projects, or achievements.
LOOKS RARE — Used to describe a rare NFT, which is one with rare traits. The phrase also can be used sarcastically or ironically, to refer to common or ugly NFTs.
MOONBAG — A crypto term referring to a “bag” of assets that consists of only one's profits after the person has removed their initial investment. This strategy reduces one's risk and allows one to keep a “moonbag” of a said asset in the hopes that its value will continue to go up.
MOONBOY/MOONGIRL — A person who holds an asset and believes said asset's value is going “to the moon,” or to dramatically increase in a relatively short period of time. Can be used to describe others or oneself after realizing that one was being overly optimistic about the future of a cryptocurrency or NFT project.
NFA/DYOR — Not financial advice/Do your own research. Disclaimers are often used by individuals on social media who do not want to be held accountable if you take their crypto or NFT trading advice. Often said together as a phrase, “Not financial advice. Do your own research.”
Now you know "what does GM mean in crypto" and the meanings of other slang.
