What is the meaning of FUB in the context of Twitter and cryptocurrency?
TurkiSQDec 28, 2021 · 3 years ago3 answers
Can you explain the meaning of FUB in relation to Twitter and cryptocurrency? I've seen this term being used but I'm not sure what it stands for or how it is relevant to these two topics.
3 answers
- Dec 28, 2021 · 3 years agoFUB is an acronym that stands for 'Follow-Up Buy' in the context of Twitter and cryptocurrency. It refers to a strategy where traders or investors buy a particular cryptocurrency after a significant event or announcement on Twitter. This strategy is based on the belief that influential Twitter accounts can have a significant impact on the price and market sentiment of cryptocurrencies. By following up on these events and buying the cryptocurrency, traders hope to capitalize on potential price movements.
- Dec 28, 2021 · 3 years agoIn the world of Twitter and cryptocurrency, FUB stands for 'F**k You, Bitcoin.' It is a term used by individuals who are critical or skeptical of Bitcoin and the cryptocurrency industry as a whole. It is often used to express frustration or disdain towards Bitcoin and its supporters.
- Dec 28, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, defines FUB as 'Follow-Up Buy.' It is a strategy where traders closely monitor Twitter for any influential tweets related to cryptocurrencies. When a tweet from a prominent figure or a significant event occurs, traders quickly buy the mentioned cryptocurrency in the hopes of profiting from the subsequent price increase. This strategy requires careful monitoring and quick action to take advantage of market opportunities.
Related Tags
Hot Questions
- 96
How can I buy Bitcoin with a credit card?
- 86
What are the best practices for reporting cryptocurrency on my taxes?
- 85
What are the advantages of using cryptocurrency for online transactions?
- 85
How can I protect my digital assets from hackers?
- 78
How can I minimize my tax liability when dealing with cryptocurrencies?
- 64
What are the tax implications of using cryptocurrency?
- 20
What are the best digital currencies to invest in right now?
- 14
What is the future of blockchain technology?