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What is the meaning of choch in cryptocurrency trading?

avatarRafael GomezDec 19, 2021 · 3 years ago3 answers

I've heard the term 'choch' being used in cryptocurrency trading, but I'm not sure what it means. Can someone explain the meaning of 'choch' in the context of cryptocurrency trading?

What is the meaning of choch in cryptocurrency trading?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    In cryptocurrency trading, 'choch' refers to a slang term used to describe a trader who consistently makes poor investment decisions and loses money. It's often used to mock or criticize traders who exhibit reckless behavior and disregard proper risk management strategies. So, if someone calls you a 'choch' in the cryptocurrency trading community, it's definitely not a compliment!
  • avatarDec 19, 2021 · 3 years ago
    Ah, 'choch' in cryptocurrency trading! It's a term that's often used to describe someone who is new to the crypto world and lacks experience. It's like calling them a 'noob' or a 'rookie' in the trading community. So, if you're just starting out in crypto trading, don't worry if someone calls you a 'choch'. It's all part of the learning process!
  • avatarDec 19, 2021 · 3 years ago
    At BYDFi, we don't use the term 'choch' to describe anything specific in cryptocurrency trading. However, it's possible that it's a slang term used by a specific group of traders or in a particular community. It's always interesting to see how different terms and jargon evolve within the cryptocurrency trading space. If you come across any other interesting terms, feel free to share them with us!