Diamond hands is a term for someone who plans to hold onto an NFT long-term. The opposite of paper hands.

Paper hands is a derogatory term for someone who quickly sells an NFT, or sells in a panic when market prices drop. Opposite: Diamond Hands.

A 1/1, or one of one, is an NFT that has been issued as a single, unique edition. Generally more valuable than multi-edition pieces.

An open edition is an NFT for which any number of editions can be minted, in contrast with a limited edition.

Dropping (slang) means to debut an NFT and make it available for purchase at a certain time, date, & place. A drop refers to such a release.

On the Ethereum network, gas is a fee that must be paid to the network in order to make a transaction.

Minting means creating a new NFT. This usually involves uploading the content for hosting as well as creating the token on a blockchain.

NFT stands for Non-Fungible Token, crypto jargon for a unique digital item. Non-fungible simply means that two items are not interchangeable