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Kc  · 09/01/22

SFYL / AltcoinTrading.NET glossary

What is SFYL meaning in crypto? SFYL definition in ATNET Crypto glossary.
Altcoin Trading Blog

Key Points / SFYL

  1. In crypto jargon, SFYL is short for Sorry for your loss.

  2. The acronym was popularized by the forum r/buttcoin.

  3. The buttcoin community would comment SFYL on any post about a person making a bitcoin purchase, implying it will inevitably eventually be a loss.

Within the crypto community, the SFYL phrase has been coined on the r/buttcoin Reddit forum. Buttcoin is an old (and still active) forum for people who think that cryptocurrencies are a joke.

Originally, the buttcoin community members would comment SFYL on any post about a person making a bitcoin purchase, even if the purchase was in profit. They were implying the purchase will inevitably become a loss at some point.

Over time this agenda understandably lost most of its relevance and power.

Best Tools to NOT be sorry for your loss

An indepth look at SFYL is here.