This is why we should never believed and fall for FUDs because it will only lead us to losses. I guess the only thing that could combat FUDs is to keep on making DYOR. Our biggest fears, uncertainties and doubts will never ruined us if we always have the right information in front of us. It's always an edge for traders and investors to know what is the real situation in the market so that we can take advantages on every market's situation.
That is why FUD works, people now rely on social media for most of the information they get during the day, and if they read that there is something wrong with the market then they are going to believe it even if that is not true at all, it is because of this that it is important to do our own research and we learn how to read the markets as well, as a quick glance to the market charts can be all what is needed to know that information is not true and we can avoid making an expensive mistake.
Education is the key not to fall from FUD or any other misleading posts from social media.
A lot of them have no idea what they are saying, just to create some nonsense posts.
But sadly, some people will believe what they are saying especially those accounts with large following.
If you don't want to be victimize by these deceptive posts, start educating yourself about the facts.