A person who owns no cryptocurrency
I keep trying to get my dad to buy some Bitcoin, but he's just always going to be a nocoiner.
|HODL||Hold on for dear life|
|Bagholder||A person who fails to sell a stock before it crashes|
|Paper hands||To sell a stock at the first sign of trouble|
|Diamond hands||To hold a stock through losses|
|Brainwallet||A memorized Bitcoin seed phrase|
|ROI||Return on investment|
|Airdrop||A cryptocurrency marketing event|
|ICO||Initial coin offering|
|Dust||Tiny amounts of cryptocurrency|
|Rug pull||A cryptocurrency scam|
Those who own Bitcoin, Ethereum, Dogecoin, or other cryptocurrencies may refer to those who own no cryptocurrency as "nocoiners." This term can also be used to refer to cryptocurrency skeptics who not only own no coins, but also doubt that cryptocurrencies will retain their worth.
What is a coin?
Most cryptocurrencies use the term "coin" to refer to one unit of the currency. For example, you may see a Bitcoin user say they purchased 35 additional coins. When users buy, sell, or transfer cryptocurrencies, they are typically buying, selling, or transferring coins.
Where did nocoiner originate?
The term nocoiner has been in use since at least 2017, and its usage has increased as more people have become aware of and purchased cryptocurrencies. Originally, the word was only used to refer to cryptocurrency skeptics. Now, it is also used to refer to any person who does not own cryptocurrency.
Cryptocurrency owners typically use the term nocoiner contemptuously, to deride those who own no coins. You may also see the term spelled "no-coiner."