Nocoiner

A nocoiner, or no-coiner, is someone that doesn’t believe in the idea and value that cryptocurrencies have to offer the world.

The term was originally used as a derogatory name and meant as an insult to mock the anti-crypto crowd.

Nocoiners don’t own or invest in cryptocurrencies. The only thing they hold regarding crypto are…negative opinions.

It’s all about your attitude about crypto. Just because you don’t own any crypto doesn’t make you a nocoiner. If your attitude towards crypto is negative, then yes, consider yourself a nocoiner. 👍

Nocoiners are crypto skeptics at best, and crypto haters at worst.

They might be family members who talk down to you for investing in a “Ponzi scheme”, they might be past investors who lost it big and are now bitter at anything and everything crypto.

Or they might be that guy on the Internet who once predicted a drop in the price of Amazon stock and now knows the cryptocurrencies are a bubble that’s ready to burst at any minute, taking with it all crypto investors and traders.

Some nocoiners wear it as a badge of honor that they haven’t gotten involved in cryptocurrencies because they know better than everyone else. Some might believe they know it all and are the ultimate supreme beings.

Related Terms

1 Minute (1m)

In crypto trading, the 1-minute time frame or chart is commonly used with scalping strategies to review a digital asset’s price movements plotted in 1-minute intervals over some specific time period. Each bar, candle, or column would represent price action for a specific 60 seconds

30 Minute (30m)

In crypto trading, and charting specifically, 30 Minutes is a common time frame used by traders to review a digital asset’s price movements plotted in 30-minute intervals over some specific time period. Each bar, candle, or column would represent price action for a specific 30 minutes

Desktop Wallet

A common type of crypto wallet used to securely store and manage your private keys on a computer hard drive. They’re considered more secure than web-based wallets, since you can only access them from wherever your computer is located, and again, you control your private keys.

Dump

When a lot of selling of a cryptocurrency takes place all at once. This can happen across a single cryptocurrency, an entire sector like DeFi, Gaming, or Metaverse, with an entire ecosystem like Ethereum, or with all cryptocurrencies simultaneously. The dump usually causes sharp spikes down in price, often causing more investors and traders to sell off, reinforcing the selling pressure.

Pseudonymity

In blockchain security, the pseudonymous nature of certain blockchains keeps a network user’s identity hidden from other network users while still linking all of the transactions made by that person to a pseudonymous identity that CAN be tracked by almost anyone.