Topic: Is the FUD starting to wear off? - page 2. (Read 370 times)
There always will be FUD until FUD doesn't matter. The most scary FUD moves price 10-20% today, then it will be 5-10% in x years, then 1-5% in another y years. Then bitcoin will truly be the blue chip of crypto and no one will care about FUD because everyone will have some bitcoin and it's as normal as owning a blue chip stock.
As China bans bitcoin again while India unbans bitcoin again, this is getting played out. The energy consumption FUD is tired BS. The tweets, the misinformed articles, media FUD, etc. This is all getting boring. The fundamentals haven't changed, and the manipulation is getting boring. Seems like every rally, the same boring FUD comes in and scares the newest wave of recent buyers. It's cool if you bought within these recent few months, but stop fucking panic selling and wait for fuck sake. Don't like the current price, wait. Not giving you a good profit, wait. Fucking hold and wait.
Did China put a full ban on crypto currencies or just mining? Last time I read that China put a ban on mining and was taking down those mining farms and arresting people involved in mining. Weren't they about to launch their own crypto currencies? As for India, they keep on banning and unbanning bitcoin. Like they aren't even sure what they want. The FUD stopped a week ago. People are no longer "concerned" about the energy consumption or market manipulation. Price tanked hard but has started to recover. Slow but progressive. As China bans bitcoin again while India unbans bitcoin again, this is getting played out. The energy consumption FUD is tired BS. The tweets, the misinformed articles, media FUD, etc. This is all getting boring. The fundamentals haven't changed, and the manipulation is getting boring. Seems like every rally, the same boring FUD comes in and scares the newest wave of recent buyers. It's cool if you bought within these recent few months, but stop fucking panic selling and wait for fuck sake. Don't like the current price, wait. Not giving you a good profit, wait. Fucking hold and wait.
It was to be expected. When the FUD towards cryptocurrencies begins, it is clear that someone really wants to lower the price of crypto assets in order to buy them at a low price. And as we can see after a short time, when the deed has already been done, FUD disappears and positive news reappears. Everything is designed for weak hands and this is not the first time this has happened. So, as you rightly pointed out, if you don't like the price of your crypto asset, then just wait for the price to go up.
@mk4. Agreed. However, if you do the research and check some of the news media’s sources, you would see that there is some basis for the news. But what the news media is also doing is add some exaggeration and sometimes misreport the news to make it appear more than what the news really was to clickbait the readers.
Read the article from Okex. That is the real news. There will be policy changes in China but it is not targetted towards bitcoin.
They invest because of news and get out because of news. If they win, it is because of they are lucky to see news and join before the top and crash. If they lose, it is because they see news a few times but over-hesitate and when they invest, it's too late.Read the article from Okex. That is the real news. There will be policy changes in China but it is not targetted towards bitcoin.
It is not the first year, crypto exchanges have to reconstruct their operations from China to other nations. It was resolved fine in the past, hence I believe it will be resolved well this time as well.
Indeed, information today is very important, who always updates the latest news on crypto developments is definitely more likely to make a profit
when investing. Because most people are lazy to read and only depend on information from other people, it seems very difficult to enter the market
on time, most people enter the market when crypto prices are hype and at their peak. Who ended up buying Bitcoin at a high price, therefore always
follow the news related to crypto. But choose news from legitimate sources, so what we get is not fake news.
@mk4. Agreed. However, if you do the research and check some of the news media’s sources, you would see that there is some basis for the news. But what the news media is also doing is add some exaggeration and sometimes misreport the news to make it appear more than what the news really was to clickbait the readers.
Read the article from Okex. That is the real news. There will be policy changes in China but it is not targetted towards bitcoin.
They invest because of news and get out because of news. If they win, it is because of they are lucky to see news and join before the top and crash. If they lose, it is because they see news a few times but over-hesitate and when they invest, it's too late.Read the article from Okex. That is the real news. There will be policy changes in China but it is not targetted towards bitcoin.
It is not the first year, crypto exchanges have to reconstruct their operations from China to other nations. It was resolved fine in the past, hence I believe it will be resolved well this time as well.
As China bans bitcoin again while India unbans bitcoin again, this is getting played out.
Wait india unbanned Bitcoin ? but india had unbanned bitcoin years back so what's this? and china did not totally banned bitcoin as whole , instead there are some part that has this issue in regards to energy consumption .Quote
The energy consumption FUD is tired BS. The tweets, the misinformed articles, media FUD, etc. This is all getting boring. The fundamentals haven't changed, and the manipulation is getting boring. Seems like every rally, the same boring FUD comes in and scares the newest wave of recent buyers.
It's media's work so none can stop them from Shitting the crypto market so be aware and use to it.Quote
It's cool if you bought within these recent few months, but stop fucking panic selling and wait for fuck sake. Don't like the current price, wait. Not giving you a good profit, wait. Fucking hold and wait.
Great stuff there mate, yeah we should consider holding and don't get affected by this attacks. 
Was it really FUD or just a correction? I think that people are now used to all these price changes and not longer react so sharply on drops. Only people new to crypto are prone to panic. Those who have caught drop from $20k to $4k are now fully resistant to $60k to $37k decline.
I just caught myself not even reading crypto news, that can impact on the price negatively. I just read what new is released and what is updated.
I just caught myself not even reading crypto news, that can impact on the price negatively. I just read what new is released and what is updated.
Spreading FUD during the correction, that's the perfect way to say it.
FUDsters were targeting weak hands. Not only those new investors. If you're reading crypto news all over the internet, you'll probably find more FUD over there. Not unless, If you have a more reliable source that you visit regularly.
The more experienced you are in crypto space, the more immune you are with the FUD.
I think experience and faith in the system determines as to how long your perception from the FUD thrown to you by the various constraints of the system would last. At the moment, we've seen bitcoin and altcoin price fall to almost half its original price. I don't expect any other fall below the $30k zone. Investors were looking out for a dip and thats just about it. No news or tweet what so ever would have any further effect on the cryptocurrency market because, the fud is very much over and what is being anticipated for at the moment is when would the next bullrun start. I see bulls getting stronger in there positions and crypto enthusiast lost faith in Elon Musk so, there is just about a few things that could promote any form of fun in the system now. We going back to our old ways.
The biggest FUD I've experienced before was Bitcoin being banned by China in 2017 and recession in 2020. Twice has dragged Bitcoin down badly. This FUD is similar to 2017 so I don't worry too much. There have been dozens of bad news since Bitcoin launched, but Bitcoin continues to go up. Another thing is that the long-term crypto market participants are no longer afraid because they have gained experience.
Holding btc rather than sell it now is the best way to avoid financial loss. But it seems that many new bitcoin users are afraid too much, they should know what they bought. Most of us already know that bitcoin market is extremely volatility, it doesn't mean that if Bitcoin price fall then it will not rise again. I hope people who starting to invest in btc learn about what is btc and how the market works. I personally take higher risk now by don't buy bitcoin at this time, my instinct said that there is a bull trap. I don't know whether it is right or not but based on my predictions I think the price of bitcoin must be reach lower than 30k during this bear market. But I am not an expert, maybe I am wrong.
We can't combact FUD it must certainly set in but it takes true investors to over look the way and hodl on to their asset even while their coin dips down it's even a perfect time to buy more but it's not always easy because human emotions is very delicate and requires extreme dicipline to manage. But it would be better to hodl in this period because once the market retraces back it would be a huge profit for all investors
Was it really FUD or just a correction? I think that people are now used to all these price changes and not longer react so sharply on drops. Only people new to crypto are prone to panic. Those who have caught drop from $20k to $4k are now fully resistant to $60k to $37k decline.
I just caught myself not even reading crypto news, that can impact on the price negatively. I just read what new is released and what is updated.
I just caught myself not even reading crypto news, that can impact on the price negatively. I just read what new is released and what is updated.
As China bans bitcoin again while India unbans bitcoin again, this is getting played out. The energy consumption FUD is tired BS. The tweets, the misinformed articles, media FUD, etc. This is all getting boring. The fundamentals haven't changed, and the manipulation is getting boring. Seems like every rally, the same boring FUD comes in and scares the newest wave of recent buyers. It's cool if you bought within these recent few months, but stop fucking panic selling and wait for fuck sake. Don't like the current price, wait. Not giving you a good profit, wait. Fucking hold and wait.
It's not boring.Actually, it's much better that there's enlighten that these medias were all bias towards bitcoin. They're only making those news for their own gains and that's why it's better to have that clarity than to keep misinformed.
Well, it's all good that India got now a clarification towards the ban of bitcoin on their country.
Hey, that's how they want things to go. Not like they'd give a damn on how you see their FUD, if it makes the market move, then they'd do it. That's p much it. Yes, the initial FUD is over, and together with the correction was the one that brought BTC back to below $35k or so, and that'd be pretty much it. Any FUD news now would just have some kind of low influence in the market since it is trying to stabilize itself at it's the current level. Highly doubt people would also panic sell again after it calmed down already.
I don't think so because FUD will always be there, look at the prices when it was around it's highest, people are still spreading FUD because everyone tries to manipulate the market into their likeness, they want to have their ego always fed so they do what they have to do.
It’s easier to control mass if you keep it scared.
I don't think so because FUD will always be there, look at the prices when it was around it's highest, people are still spreading FUD because everyone tries to manipulate the market into their likeness, they want to have their ego always fed so they do what they have to do.
Don't mind the FUD now because bitcoin cannot be stop no matter what, there were many FUDs few years back still bitcoin continues to slap haters faces as it stood it's ground and proving haters and fudders wrong. I must say that the FUD slowly gone as the new opening month was really a good start for the crypto market to recover sooner and with that I believed bullish season continues.
It's definitely super boring but by now time to accept this boring cycle is going to resume again at some point.
It is boring because we are not used to it. A 3% rise in a blue chip in one day is a very good session while in Bitcoin it's boring. We are coming off a season of beating ath after ath, which is exciting but very rarely seen in the investment world. If you find this time in Bitcoin boring you will find almost anything investing boring.
Regarding what the OP raises, yes I think you have stated to wear off, but at the slightest it will reappear.
Well we all have seen how tired BS can get recycled, often several times in a rally cycle, so I would expect there are going to be more discussions about it until end of the year before they move on to other things maybe like mining decentralization etc.
It's definitely super boring but by now time to accept this boring cycle is going to resume again at some point.
Same as tweet mania and fomo.
It's definitely super boring but by now time to accept this boring cycle is going to resume again at some point.
Same as tweet mania and fomo.
Short answer is yes (in my opinion)
The fud didn't "wear on" for seasoned investors but BTC is always attracting new people to it and they have to go through the same trial by fire as everyone else. The attacks on btc will never stop. People just need to develop some trust in the concept of bitcoin and then they will fear no fud.
I sold half my stack the first time I heard BTC was being banned in China... and wound up buying back in.... I learned the hard way the best way to win is to pretend the sell button doesn't exist.
The fud didn't "wear on" for seasoned investors but BTC is always attracting new people to it and they have to go through the same trial by fire as everyone else. The attacks on btc will never stop. People just need to develop some trust in the concept of bitcoin and then they will fear no fud.
I sold half my stack the first time I heard BTC was being banned in China... and wound up buying back in.... I learned the hard way the best way to win is to pretend the sell button doesn't exist.
Jump to: