What does Diamond hands mean Reddit?

“Diamond hands” is an expression that signifies a high risk tolerance. It’s often used by investors on Reddit, Twitter, and other social media sites. If you have diamond hands, it means you’re the type of investor who won’t panic and sell off your holdings during big price fluctuations.

Similarly, What is Diamond hands NFT? DEFINITION. Diamond hands is a term for someone who plans to hold onto an NFT long-term, with no concern about market conditions in the short term. The opposite of paper hands.

Then, Who coined the term diamond hands?

The term diamond hands is believed to have been coined on Reddit in the r/WallStreetBets subreddit. It is used primarily to talk about those investing in highly volatile investments like meme stocks and cryptocurrencies.

And What is the origin of diamond hands? The phrase diamond hands was popularized early this year when r/WallStreetBets members teamed up to create a short squeeze in the meme stock, GME 一 they shorted the stock and called on each other to have ‘diamond hands’ and not sell until the stock went ‘to the moon.”

Where did Diamond hands come from? The slang diamond hands is thought to have originated on the forum website Reddit in the /r/WallStreetBets subreddit, where the term has been used since at least 2018. The term gained popularity in 2019, when multiple users began to frequently use the term in reference to persistently holding stocks.

What is a diamond symbol Opensea?

Rare Diamond Hands are a symbol of conviction, risk vs reward, and collective strength towards an end goal. Diamond.

What is NFT in Crypto?

NFT stands for non-fungible token. It’s generally built using the same kind of programming as cryptocurrency, like Bitcoin or Ethereum, but that’s where the similarity ends. Physical money and cryptocurrencies are “fungible,” meaning they can be traded or exchanged for one another.

How do you get the diamond hand?

If you’ve got “diamond hands,” you’re ready to hold a position for the end goal, despite the potential risk, headwinds and losses. If you’ve got paper hands, you exit a position, or fold, early on because the heat of the situation might be too much.

What are diamond hands WallStreetBets?

Popularised by r/wallstreetbets, diamond hands (or more commonly depicted in emoji-form as ) refers to someone who has high risk tolerance to stomach through the high volatility of the stock/ asset that they own; they don’t cave under pressure.

What is the pink diamond cryptocurrency?

PinkCoin, is our first asset-backed cryptocurrency built on Ethereum’s standard currency Smart Contract. The coin is backed by a pool of certified, fancy colored diamonds (mostly pink) with a total value of $5,000,000 USD. Each diamond is certified and guaranteed natural fancy color.

What is the pink diamond on OpenSea?

This makes pink diamonds extremely rare stones, destined to become less and less available in nature. Pink diamonds owe their color to a natural phenomenon of extraordinary pressure that caused the crystal lattice to twist, refracting light and producing color.

What is pink ethereum on OpenSea?

Create and sell digital collectibles secured with blockchain technology. Rarible is home to thousands of artists and collectors, creating and exchanging immutable art without using code. Trade with RARI token on OpenSea.

Why are NFTs so expensive?

Another reason NFTs might be so expensive is because of something economists call a bubble. We say that there is a bubble in a market when investors buy things with the main prospect of selling them shortly afterwards at a higher price. This pushes the price up. Bubbles tend to occur whenever new technology appears.

Should you buy NFT?

If you identify an asset that appeals to you, and have the funding, then maybe you should buy it. If ownership of the asset happens to be tokenized, then you can likely enjoy the additional benefits associated with NFTs. But make sure to also understand the risks, too, of NFT investing.

Is Bitcoin an NFT?

NFT stands for non-fungible token. It’s generally built using the same kind of programming as cryptocurrency, like Bitcoin or Ethereum, but that’s where the similarity ends. Physical money and cryptocurrencies are “fungible,” meaning they can be traded or exchanged for one another.

Who is Mr Diamond hands?

Johnny Ruiz – Treasure hunter/ futuristic product inventor/ diamond miner – MR. DIAMOND HANDS | LinkedIn.

What is considered a diamond hand?

DIAMOND HANDS means “someone who holds stocks adamantly.” Within the world of trading on the stock market and in cryptocurrency, DIAMOND HANDS is used to refer to investors who hold their position and refuse to sell.

What is Diamond Crypto?

A physical commodity, which is also a blockchain based digital asset. The Diamond Standard Coin inherits the best features of gold and bitcoin. A naturally scarce, market traded commodity, and a trustless digital asset that can be transacted instantly and globally.

Is Pinkcoin a crypto currency?

Pinkcoin is an x11 PoW/PoS cryptocurrency with a total coin supply of 380 million coins.

Who is pink diamond Steven Universe?

The episode focuses on Steven Universe confronting Pearl with questions about the supposed assassination of Pink Diamond millennia ago, and builds to a major plot twist for the series: the revelation that Steven’s mother Rose Quartz was actually Pink Diamond herself, who faked her death with Pearl’s assistance.

How do I convert WETH to ETH?

How to Convert WETH to ETH on MetaMask

  1. Step 1: Go to Uniswap Website. Firstly, go to UniSwap . …
  2. Step 2: Connect MetaMask Wallet. Set up your MetaMask account. …
  3. Step 3: Input the WETH Amount You Want to Unwrap. Select the wallet icon in UniSwap and connect MetaMask to it. …
  4. Step 4: Confirm to Unwrap.

Is WETH same as ETH?

In a nutshell, there is no difference between ETH and WETH because the latter is simply a “wrapped” version of the former. For cryptocurrencies, a “wrapped” token is nothing but an empty vessel that contains the original asset. The process of wrapping helps use a non-native asset on any blockchain.

How do I get WETH?

How to buy WETH

  1. Download Coinbase Wallet. A self-custody wallet like Coinbase Wallet is required to purchase WETH. …
  2. Choose a Coinbase Wallet username. …
  3. Securely store your recovery phrase. …
  4. Understand and plan for Ethereum network fees. …
  5. Buy and transfer ETH to Coinbase Wallet. …
  6. Use your ETH to buy WETH in the trade tab.

What is the price of 1 Ethereum?

Ethereum Price Update

Ethereum Price Value
Today/Current/Last 1,89,473
1 Day Return -9.79%
7 Day Return -18.42%

How do I accept an offer on OpenSea?

You can accept an offer on OpenSea by opening the item’s page, clicking on the offer’s “Accept” button, reviewing the terms, and finally confirming by clicking the “Accept” button again. Make sure you have ETH in your wallet because the seller pays for gas when accepting a bid.

Does wrapping ETH cost gas?

While Ethereum’s native token, ETH, can be used to pay gas fees, WETH can’t. However, WETH has a wider range of use cases than ETH and is very popular in the Decentralized Finance (DeFi) ecosystem. MetaMask, TrustWallet, and pretty much any wallet in the Ethereum network will support WETH.

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