Selling a position too early, especially during a temporary price dip, out of fear or impatience. A pejorative counterpart to diamond hands, implying weakness and lack of conviction. In NFT contexts, paper hands means listing or selling during a floor price dip rather than holding through the downturn. The term carries social stigma in communities that value long-term holding.
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Selling a position too early, especially during a temporary price dip, out of fear or impatience. A pejorative counterpart to diamond hands, implying weakness and lack of conviction. In NFT contexts, paper hands means listing or selling during a floor price dip rather than holding through the downturn. The term carries social stigma in communities that value long-term holding.
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Paper Hands (paper-hands) Category: Web3 Definition: Selling a position too early, especially during a temporary price dip, out of fear or impatience. A pejorative counterpart to diamond hands, implying weakness and lack of conviction. In NFT contexts, paper hands means listing or selling during a floor price dip rather than holding through the downturn. The term carries social stigma in communities that value long-term holding. Related: Diamond Hands, Jeet, NGMI
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Holding a position through extreme price volatility without selling, implying conviction and psychological resilience. The diamond emoji became shorthand during the 2021 bull cycle across crypto and meme stock communities. Diamond hands is celebrated when the asset eventually recovers or appreciates, but can also lead to significant losses if conviction is misplaced. Counterpart to paper hands.
Someone who sells their position too early, often immediately after launch or at the first sign of a price pump. 'Don't jeet' is community pressure to hold and let gains accumulate. On Pump.fun, early jeets are visible on-chain and tracked by analytics tools, creating social accountability. The term is more specific and aggressive than paper hands.
Acronym for 'Not Gonna Make It.' Used to mock someone for a bad decision, weak conviction, or selling at the wrong time. Carries social pressure to hold through volatility and stay committed to the crypto space. Can be directed at others or used self-deprecatingly. The counterpart to WAGMI, NGMI implies the target has disqualified themselves from future gains.
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Holding a position through extreme price volatility without selling, implying conviction and psychological resilience. The diamond emoji became shorthand during the 2021 bull cycle across crypto and meme stock communities. Diamond hands is celebrated when the asset eventually recovers or appreciates, but can also lead to significant losses if conviction is misplaced. Counterpart to paper hands.
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Holding a position through extreme price volatility without selling, implying conviction and psychological resilience. The diamond emoji became shorthand during the 2021 bull cycle across crypto and meme stock communities. Diamond hands is celebrated when the asset eventually recovers or appreciates, but can also lead to significant losses if conviction is misplaced. Counterpart to paper hands.
Someone who sells their position too early, often immediately after launch or at the first sign of a price pump. 'Don't jeet' is community pressure to hold and let gains accumulate. On Pump.fun, early jeets are visible on-chain and tracked by analytics tools, creating social accountability. The term is more specific and aggressive than paper hands.
Acronym for 'Not Gonna Make It.' Used to mock someone for a bad decision, weak conviction, or selling at the wrong time. Carries social pressure to hold through volatility and stay committed to the crypto space. Can be directed at others or used self-deprecatingly. The counterpart to WAGMI, NGMI implies the target has disqualified themselves from future gains.
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The vision of a decentralized internet built on blockchain technology, where users own their data, identity, and digital assets. Web1 was read-only (static pages), Web2 is read-write (platforms like social media), Web3 is read-write-own (permissionless, user-sovereign). Web3 applications use wallets instead of logins and smart contracts instead of centralized servers.
An application with its backend logic running on a blockchain as smart contracts rather than centralized servers. dApps typically have a traditional web frontend that interacts with on-chain programs via RPC. Users authenticate with wallets instead of username/password. Examples: Uniswap (Ethereum DEX), Jupiter (Solana DEX), Magic Eden (NFT marketplace).
Software or hardware that manages cryptographic keys and enables users to sign transactions, view balances, and interact with dApps. Hot wallets (Phantom, Solflare, Backpack) are internet-connected for convenience. Cold wallets (Ledger, Trezor) store keys offline for security. Wallets don't actually 'hold' tokens—they hold the private keys that control on-chain accounts.
A 12 or 24-word human-readable backup of a wallet's master private key, generated using BIP-39 standard. The seed phrase can deterministically regenerate all derived keypairs (BIP-44 derivation paths). Losing the seed phrase means permanently losing access to all associated accounts. Never share, photograph, or store seed phrases digitally in plain text.