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What is the meaning of FUB in the context of Twitter and cryptocurrency?

avatarChurch IveyDec 26, 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.

What is the meaning of FUB in the context of Twitter and cryptocurrency?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    FUB 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.
  • avatarDec 26, 2021 · 3 years ago
    In 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.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, 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.