How do you guys 'read' abbreviations?

Its not like you "read" NL's, CWKPQ and so, your mind does and you understand it by default D:

If i had to read it as it is, i would just say night lord or crimson wood keep party quest.

This is kinda like "you say lol or laughing out loud" thing, I met a guy who says laughing out loud >_>;