CryptoWorld.net reports that HFSP is a commonly used abbreviation in the crypto community, meaning “Have Fun Staying Poor.” The term is often used to mock Bitcoin holders who rely on fiat currency, or as a jab by ordinary people when the crypto market falls. In the discussion, users mentioned that besides HFSP, there are other obscure nicknames, such as “buttcoin” and “greater fools,” and hope to compile a list to help everyone avoid being exploited in the upcoming bull market.