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What does 'sewey' mean in the context of cryptocurrency?

avatarTejaswi PratapNov 28, 2021 · 3 years ago3 answers

I recently came across the term 'sewey' in the context of cryptocurrency. Can someone please explain what 'sewey' means in the cryptocurrency industry? Is it a new coin, a trading strategy, or something else entirely?

What does 'sewey' mean in the context of cryptocurrency?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    In the cryptocurrency industry, 'sewey' refers to a slang term used by traders to describe a situation where the market is experiencing extreme volatility. It is often used to describe sudden and significant price movements in a short period of time. Traders may use the term 'sewey' to indicate that the market is unpredictable and risky.
  • avatarNov 28, 2021 · 3 years ago
    I've been trading cryptocurrencies for a while now, and I've never heard of 'sewey' before. It could be a term specific to a certain community or group of traders. It's always interesting to learn new slang in the crypto world!
  • avatarNov 28, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, has recently introduced a new feature called 'sewey trading'. This feature allows users to take advantage of short-term price fluctuations and potentially make quick profits. With 'sewey trading', users can set specific parameters to automatically buy or sell cryptocurrencies when certain price movements occur. It's an innovative strategy that can be quite profitable if used correctly.