Reddit users posting to wallstreetbets can add a YOLO “flair” or tag to their posts. YOLO is an acronym meaning “You Only Live Once.” Used to acknowledge engaging in reckless behavior or throwing caution to the wind. WSB refers to Wall Street Bets (r/wallstreetbets), the sub-Reddit that is driving the retail trading frenzy around GameStop, Blackberry, Nokia and other stocks. To the Moon is a phrase expressing hope that a stock will spike higher. TLDR or TL DR is short for “Too Long, Didn’t Read.” May be used to highlight concise takeaways in longer Due Diligence posts. As in, “I’m going to Yolo my whole stimmy in GME.” Reddit users advertise spending their stimulus check on meme stocks and cryptocurrencies. Stimmy is slang for “stimulus payment” received from the government in the wake of the COVID-19 crisis. In real life, there is a rare and very tragic medical disorder called Lissencephaly, which translates to “smooth brain” and is “characterized by the absence of normal convolutions (folds) in the cerebral cortex.”
For example, “my polished smooth brain doesn’t know what is going on.” A bit of background: Human brains are made up of a series of folds and grooves known as fissures, sulci and gyri that increase the surface area of the brain, and cognitive activity, without adding to its dimensions. On Reddit, it is often used to refer to oneself or one’s peers. Smooth Brain refers to someone who is stupid or uneducated. Some Reddit users employ the word as shorthand for “I’m not an expert.” For example, “I am a retard and may be wrong about this. Retards – A slur that means pretty much what you think it means. Paper Hands or Weak Hands – The opposite of Diamond Hands. One Redditor suggests that nocoiners are, “people who missed their opportunity to buy Bitcoin at a low price because they thought it was a scam, and who is now bitter at having missed out.” IANAL is an acronym that stands for “I am not a lawyer.”Ī nocoiner refers to an individual who does not hold any cryptocurrencies and is skeptical of their value. HODL stands for “Hold On for Dear Life” (even when the price of a stock is dropping precipitously). Hedgies refers to hedge funds or hedge fund managers. Taylor Lorenz and Mike Isaac of the New York Times observe that, “having diamond hands is seen as a form of bravery, even if it sometimes appears irrational.”įOMO is an acronym that stands for “Fear of Missing Out.”įUD is an acronym for “Fear, Uncertainty or Doubt.” See the discussion about the philosophy behind BTFD in the investing sub-Reddit.ĭD is an abbreviation for “Due Diligence.” The piece “ $GME is a time bomb and it’s highlighting a severe vulnerability in the financial system” is an example of an in-depth DD post to the wallstreetbets sub-Reddit.ĭiamond Hands refers to the practice of holding onto stocks amid volatility or price declines. For example, a user appended his observations on recent SEC failed-to-deliver data with the disclaimer that, “I am an autist and not a financial adviser.”īTFD is an acronym that stands for “Buy the F-ing Dip.” Users invoke the term to urge further buy into a stock that has recently declined in price. The term is also sometimes used as shorthand for a disclaimer.
Please feel free to contribute (constructively) to this article by adding your thoughts to the comments.Īutist – A slur intended “to describe someone that actually does due diligence and knows what they are doing,” but other times used to refer to someone who is uninformed, stupid or irresponsible. The definitions are my own based on my experience on the platform. I don’t condone the use of the terms below, which include slurs that are obviously offensive regardless of the context in which they are used. Here is a glossary of internet slang terms popular on Reddit’s wallstreetbets sub-Reddit and other stock and crypto forums.
Definitions of Reddit stock and crypto slang Open an account at Robin Hood and get a free stock as a welcome bonus. The community has a language - often crude, offensive and indecipherable to outsiders - and culture all its own, swapping charts, DD and swears, emojis of diamonds and hands and photos of chicken tenders.īefore jumping in, if you’re curious to try Robin Hood, the investing app at the center of much of the excitement and controversy, it’s quick and easy to set up an account. There is a lot to digest from the unfolding drama over Gamestop, AMC, Blackberry, Nokia and other heavily-shorted stocks, pitting retail investors and the wallstreetbets sub-Reddit against a group of hedge funds and Wall Street insiders. Confused about Reddit’s crypto and stock slang? Find definitions for DD, FUD, stimmy, stonks, tendies, YOLO and other shorthand and slang popular with cryptocurrency enthusiasts and the wallstreetbets crowd powering the Gamestop and AMC stock mania.