If you’re a beginner, stop chasing crypto shortcuts.
Learn the language first — that’s how your journey becomes steady.
I just solved crypto literacy in one screenshot
…and yes, I dropped a whole dictionary.
Bookmark this. Save it.
CRYPTO SLANG & BASICS
FR – for real
NGL – not gonna lie
TBH – to be honest
IRL – in real life
FYI – for your information
TMI – too much information
ICYMI – in case you missed it
RN – right now
IYKYK – if you know, you know
W – win(s)
L – loss(es)
AF / ASF – as fck
GM / GN – good morning / good night
LFG – let’s f**king go
HFSP – have fun staying poor
FAFO – fck around and find out
CRYPTO / WEB3 TERMS
CT – crypto Twitter
CA – contract address
DApp – decentralized application
LP – liquidity provider / pool
EV – expected value
TVL – total value locked
MC – market cap
FDV – fully diluted valuation
DAO – decentralized autonomous organization
2FA – two-factor authentication
RWA – real-world assets
AML – anti-money laundering
CBDC – central bank digital currency
CeFi – centralized finance
DeFi – decentralized finance
DEX – decentralized exchange
CEX – centralized exchange
EVM – Ethereum Virtual Machine
DCA – dollar-cost averaging
DYOR – do your own research
ETF – exchange-traded fund
GTD – guaranteed
GWEI – gigawei
INFOFI – information finance
ICO – initial coin offering
IEO – initial exchange offering
STO – security token offering
KYC – know your customer
NFT – non-fungible token
NFA – not financial advice
P2P – peer-to-peer
PND – pump and dump
PoS – proof of stake
PoW – proof of work
TA – technical analysis
TL – timeline
TF – time frame
WL – whitelist
ZK – zero-knowledge
DEPIN – decentralized physical infrastructure networks
LAYERS & NETWORKS
L1 – Layer 1
Foundational blockchains that finalize transactions
(e.g. Bitcoin, Ethereum, Solana)
L2 – Layer 2
Built on L1 to improve speed, cost, and scalability
without sacrificing security
If you understand this list,
you’re no longer “new” — you’re armed.