How is there still FUD in 2021? | Bitcointalksearch.org

davis196

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Quote from: rekumit on May 16, 2021, 09:23:48 PM

For the past 10 years I rolled my eyes at Bitcoin. However after this year's events in Bitcoin and crypto my outlook has completely changed. I just started investing.

I'm selfishly OK with the momentum slowing as it gives me some openings to buy more. But I'm also surprised it's slowing down considering the monumental milestones reached this year.

How is there still FUD today? Is 2021 not enough proof of the significance of Bitcoin?

You simply don't understand how FUD works.I think that the FUD and hate towards Bitcoin will grow as long as the Bitcoin price grows,because all the haters and FUDsters will keep screaming "Bitcoin is a giant bubble,don't buy!" Even some of the BTC bulls becomes FUDsters,because they want to buy cheaper Bitcoins.
Nothing is enough and nothing can prove the significance of Bitcoin in the eyes of those BTC haters.
FUD will never end,as long as Bitcoin/crypto exists.

pooya87

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Quote from: rekumit on May 16, 2021, 09:23:48 PM

How is there still FUD today? Is 2021 not enough proof of the significance of Bitcoin?

FUD has never stopped, in fact it only grows as bitcoin grows. Specially the FUD coming from those who are scared of bitcoin, as it threatens their existence they up their game and create new FUDs and spread them more. They go as far as spending more money on their FUD campaigns.

The real question shouldn't be about existence of FUD or its magnitude, but it should be about why do people still believe and react to it (your second question). I think the answer is that there is still a lot of newcomers that happen to also be weak hands and also there are a lot of manipulators who LOVE the opportunity to short bitcoin and then buy back a ton more at the bottom during accumulation.

Chato1977

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2 ways why some delivers FUD in the community .

- First are those intentionally sending FUD by means of their own interest, Maybe they wanna put the price down to make way of they entering investment?

- Second are those did not intentionally delivered the Fud, maybe they are just telling things regarding their observation and it's just coming like a negative for many .

Fundamentals Of

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Quote from: rekumit on May 16, 2021, 10:22:07 PM

Quote from: Fundamentals Of on May 16, 2021, 10:17:18 PM

Don't mind the FUD. It comes every now and then. If you feel like it is already getting on you, just zoom out the charts and you will see how Bitcoin is actually conquering new heights. You will be feeling relaxed with it.

Thanks, this is great advice. For what it's worth, the FUD does not get to me. I'm just shocked and grateful I get a chance to jump in early(ish) because I feel like it's been obvious and right in front of my face this whole time. It's a no-brainer. I guess the net gets bigger each cycle. Excited to be part of it.

When I started with Bitcoin, I was nearsighted. I could easily break every time Bitcoin losses a significant amount of its price in just a few days. I admit I have sold some when Bitcoin took so long to recover after the 2017 rally. I sold some again when the price started getting back to 5 digits only to realize shortly afterward that it seems the medium term target is really 6 digits. So I began to avoid the daily or weekly price movements. Larger time frames would give you a really really nice view of Bitcoin's ascent.

FUD mostly comes from ignorance. If only people could familiarize themselves with Bitcoin in its fundamental design, as perhaps detailed in the whitepaper, there might be less and less FUD. It is unfortunate that many, including myself, are not technically gifted to understand Bitcoin. That is one of the reasons why there are panic reactions sometimes.

rekumit

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Quote from: mk4 on May 16, 2021, 10:15:27 PM

Dare I say, even a huge number of bitcoin holders doesn't even know what they're holding.

This is a good point, especially considering the Altcoin madness. It will be interesting to see how things change when they come around. I started by trading Altcoins. Naturally this lead to me learning about Bitcoin.

Quote from: btc78 on May 16, 2021, 10:40:13 PM

10 years and you have just rolling your eyes? and just recently that you invested in Bitcoin ? do you think we will buy that story telling?

Quote from: btc78 on May 16, 2021, 10:40:13 PM

You talk too much SLOWING but the truth is you are the one who's SLOW , imagine for 10 years just now that you invest?

I don't understand these points. Can you explain?

Quote from: btc78 on May 16, 2021, 10:40:13 PM

Thats part of a growing Market and how it proves the health of the investing members if the FUD is gone then that means the market is already having no momentum and activities .

Good point

btc78

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Quote from: rekumit on May 16, 2021, 09:23:48 PM

For the past 10 years I rolled my eyes at Bitcoin. However after this year's events in Bitcoin and crypto my outlook has completely changed. I just started investing.

10 years and you have just rolling your eyes? and just recently that you invested in Bitcoin ? do you think we will buy that story telling?

Quote

I'm selfishly OK with the momentum slowing as it gives me some openings to buy more. But I'm also surprised it's slowing down considering the monumental milestones reached this year.

You talk too much SLOWING but the truth is you are the one who's SLOW , imagine for 10 years just now that you invest?

Quote

How is there still FUD today? Is 2021 not enough proof of the significance of Bitcoin?

Thats part of a growing Market and how it proves the health of the investing members if the FUD is gone then that means the market is already having no momentum and activities .

rekumit

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Quote from: Fundamentals Of on May 16, 2021, 10:17:18 PM

Don't mind the FUD. It comes every now and then. If you feel like it is already getting on you, just zoom out the charts and you will see how Bitcoin is actually conquering new heights. You will be feeling relaxed with it.

Thanks, this is great advice. For what it's worth, the FUD does not get to me. I'm just shocked and grateful I get a chance to jump in early(ish) because I feel like it's been obvious and right in front of my face this whole time. It's a no-brainer. I guess the net gets bigger each cycle. Excited to be part of it.

Fundamentals Of

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Sometimes FUD is healthy because it provides excited newbies like you a nice price entry. The price as of now is really a highly discounted one. That's $20,000 off from what Bitcoin has already reached in the past few weeks. Bitcoin is already very cheap at $44,000 as its ATH was at $64,000.

Don't mind the FUD. It comes every now and then. If you feel like it is already getting on you, just zoom out the charts and you will see how Bitcoin is actually conquering new heights. You will be feeling relaxed with it.

mk4

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Quote from: rekumit on May 16, 2021, 10:08:57 PM

Is it though? Everyone and their dog knows about Bitcoin and crypto at this point. Most people seem to understand "Bitcoin = digital gold"

Many people have heard of it but it definitely doesn't mean that everyone understands it. Dare I say, even a huge number of bitcoin holders doesn't even know what they're holding. A lot of them only hold it because it has been a good investment.

Heck, it seems that even Elon Musk doesn't understand it. (unless he's just trolling)

rekumit

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Quote from: cabron on May 16, 2021, 09:35:13 PM

they wanna switch to electricity already and promoted burning and destroying the environment as a result of carbon and use Greta Thunberg and Elon Musk.

Interesting, can you elaborate on this point?

Quote from: mk4 on May 16, 2021, 09:58:52 PM

Bitcoin and cryptocurrencies in general are such a "bizarre" and new concept

Is it though? Everyone and their dog knows about Bitcoin and crypto at this point. Most people seem to understand "Bitcoin = digital gold"

mk4

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Don't really expect FUD to stop existing any time soon. Especially knowing that Bitcoin and cryptocurrencies in general are such a "bizarre" and new concept, having both constructive and non-constructive criticism are pretty much inevitable.

I mean, even Amazon has criticisms in an investing perspective.

cabron

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There's fud because people believed in it and the rich wanted to be rich. They don't want people buying BTC. It's simply just to delay the adoption. It's just like Max said that electric cars were invented a long time ago before Elon Musk but it was delayed because there are resources to exploit and there are countries to invade and get gas.

Now that gas is harder to find and the Chinese are about to lead the world economy, they wanna switch to electricity already and promoted burning and destroying the environment as a result of carbon and use Greta Thunberg and Elon Musk.

rekumit

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For the past 10 years I rolled my eyes at Bitcoin. However after this year's events in Bitcoin and crypto my outlook has completely changed. I just started investing.

I'm selfishly OK with the momentum slowing as it gives me some openings to buy more. But I'm also surprised it's slowing down considering the monumental milestones reached this year.

How is there still FUD today? Is 2021 not enough proof of the significance of Bitcoin?

Topic: How is there still FUD in 2021? (Read 191 times)