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What is the meaning of fuder in the context of cryptocurrency?

avatarAvoDec 28, 2021 · 3 years ago3 answers

Can you explain the meaning of fuder in relation to cryptocurrency? I've come across this term but I'm not sure what it refers to.

What is the meaning of fuder in the context of cryptocurrency?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Fuder is not a term commonly used in the context of cryptocurrency. It is possible that you may have come across a misspelling or a term specific to a certain cryptocurrency project. Can you provide more context or details about where you encountered this term?
  • avatarDec 28, 2021 · 3 years ago
    Fuder is a slang term used by some cryptocurrency enthusiasts to refer to a large amount of money or cryptocurrency holdings. It is similar to the term 'stacks' or 'bags'. So, when someone says they have 'fuders' of a certain cryptocurrency, they mean they have a significant amount of it.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we don't use the term 'fuder' specifically, but we do understand the concept of holding a large amount of cryptocurrency. It is important to note that the value of cryptocurrencies can be highly volatile, so investing a significant amount comes with its own risks and considerations. It's always a good idea to do thorough research and consult with a financial advisor before making any investment decisions.