Finance & Crypto

'Diamond hands' is a slang term from the online investment community for holding onto a stock or cryptocurrency with extreme conviction, refusing to sell even in the face of massive price drops, losses, or high volatility. It represents a belief that the asset will eventually pay off. The term is often represented by the 💎🙌 emojis.

'HODL' is a slang term in the cryptocurrency community that means to hold onto an investment rather than selling it, especially during a volatile or declining market. It represents a long-term investment philosophy that ignores short-term price fluctuations. While originating from a typo of 'hold,' it is often retrofitted as the backronym 'Hold On for Dear Life.'

A 'rug pull' is a malicious scam, primarily in the cryptocurrency and NFT space, where developers attract investment in a new project, and then abruptly abandon it, disappearing with all the investors' funds. This is done by removing liquidity from the project's trading pool, causing the token's value to plummet to zero. It's called a rug pull because the developers metaphorically pull the rug out from under the investors.

A 'shill' is a person who promotes or endorses something (like a product, service, or cryptocurrency) while pretending to be an impartial third party. To 'shill' is the act of this disingenuous promotion. The shill has a hidden agenda, usually a vested interest in the success of what they are promoting. It's a derogatory term implying deceit.

'Stonks' is an intentional misspelling of 'stocks,' associated with a popular internet meme. The meme features the 'Meme Man' character in front of a stock market chart with the caption 'Stonks.' The term is used humorously and ironically to refer to the stock market, financial decisions, and often, questionable or amusing financial gains.

'To the moon' is a rallying cry used by investors, especially in cryptocurrency and stock communities, to express strong belief that the price of an asset is going to experience a massive, rapid increase. It's a statement of extreme optimism and hype, often represented by the rocket emoji (🚀).