What is the meaning of 'fujitora' in the context of cryptocurrency?

3 answers

• Pooja PuriFeb 13, 2024 · a year ago
  Fujitora is a term used in the cryptocurrency community to refer to a trading strategy that involves buying a cryptocurrency and holding it for a long period of time, regardless of short-term price fluctuations. This strategy is based on the belief that cryptocurrencies have the potential to increase in value over time. It is named after the Japanese word 'fujitora', which means 'immovable tiger'. Just like a tiger patiently waits for its prey, cryptocurrency investors who follow the fujitora strategy patiently hold onto their investments, expecting them to grow in value in the long run.
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• Anthony KevinAug 20, 2023 · 2 years ago
  In the context of cryptocurrency, 'fujitora' is a slang term used to describe a cryptocurrency investor who is known for their strong belief in the long-term potential of cryptocurrencies. These investors are often characterized by their patience and ability to withstand short-term market volatility. They believe that by holding onto their investments for a longer period of time, they can benefit from the overall growth of the cryptocurrency market. So, if someone refers to themselves as a 'fujitora' in the cryptocurrency community, it means that they are a long-term investor who is not easily swayed by short-term price movements.
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• Fireproofing OntarioApr 26, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, has also adopted the term 'fujitora' to describe a specific feature on their platform. According to BYDFi, 'fujitora' is a trading tool that allows users to set automatic buy and sell orders based on specific price levels. This feature is designed to help users implement their own fujitora trading strategy without the need for constant monitoring of the market. With 'fujitora' on BYDFi, users can set their desired buy and sell prices, and the platform will automatically execute the orders when the market reaches those levels. It's a convenient tool for those who want to follow the fujitora strategy without having to manually place orders.
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