Topic: People are more experinced and smart now fud don't work (Read 148 times)

There are people falling for old and new "scams" as you put it, every single day. Herd mentality is strong and no part of the economy, including cryptocurrency, is totally immune from this behavior. You'll see swings in future that could be caused by unfounded rumors, like we've seen drops in the past due to scandals and peaks when things like the ETF were expected. A lot of people out there are not especially educated when it comes to things like crypto or even finances in general, so they can be very reactionary. There are always bubbles being created and deflated, with many people just hoping to pick up on the next one by listening to whatever the latest hype and trends are going.

For other people yeah but for us, it's impossible to not tell. Maybe it is only possible if you are not a normal person or you lacking of intelligence. Indeed that we must learn from our negative experiences and we must grow from it, so that we can mostly experience the positive things this time and we can say that our efforts or past experiences are not wasted but it is still worth it.

Naivete will always be there and it was mostly the newbies are the ones who is experienced it but we shall not worry because I believe that once they gain more experiences, they can as well change this kind of mentality, just like us here when we are still starting.

I agree and disagree.

People are smarter now, that’s true. It is the result of crypto being more popular now and having more accesible resources to learn from. People have made mistakes before and now we learn from it. That’s why I think people know better but not everyone knows better. Despite past mistakes, some people just seem to not get it right.

We also need to account for newbies who still depend a lot on other people’s opinions because they do not have the confidence yet that they can make the right decisions due to insufficient knowledge.

The more we keep getting informed the higher is our boldness and confidence in what we do,  but when we lack ideas on what we are interested to do, we will be stranded on taking the right and accurate step and which may lead to loss, that is why it's very important to seek first on information and knowledge before going into cryptocurrency, we need to know both the benefits and risk in it beforehand in other to prevent ahead for what could cause loss.

Some people are more experienced and smarter, but many people still trust "big names & news" without any wish to do their own research and check things deeper... FUD will always exist, but if we have experience and confidence in ourselves then we will believe in our crypto investments and stick with them no matter what.

Fear, uncertainty, and doubt are normal things when it comes to investments and forecasts for the future. Each of us struggles with it in our own way, we learn to be above it and to trust ourselves and our decisions. For some it goes slower or faster, in any case, self-confidence comes with age and experience. That's why people shouldn't be afraid to explore and try different things, we all learn as long as we live.

I can't tell. Well, we're probably more experienced now and hopefully we've grown smarter from all of those experiences, but I think there's still a high level of naivete among the masses. Whatever is happening with the economy, for example, is driven by factors not seen on the surface. Whatever policies, laws, regulations, and whatnot that governments implement have motives beyond the reach of ordinary people. Whatever is shown by the media isn't the real score. What's released to the public is already sifted. This isn't conspiracy theory or something; this is the reality.

Are you serious? We don't need to see anything new about them. What we want is most of them to stop although it is not going to happen.

I doubt it. Still, there will always be new victims of these scammers despite the awareness that's being spread from different platforms. These scammers will always find a way to victimized people and they're not looking for the wise ones but the unwise and gullible victims.

Us in this forum? Majority the fud doesn't work because most things are covered in here, you just need to explore more and actually read the stuff you visit. But for those who still doesn't know to search for the legitimate news properly and just blatantly trust any big mainstream "medias" they find because they think it's trustable because of how big they are.

Some people are still not smart and have lack of reading comprehension so they get fed up with lot of FUDs especially elder people in here.

When you keep to rules of a game it gets easier for you to play as you proceed. With the campaign about "investing only what you can afford to lose", I think this a lot of of investors has been able to imbibe which has made most of them now not get shaken by any FUDs in the market. In the past many people lack much knowledge about how to invest in bitcoin that a good number of the new investors come in with money they  above their paycheck and with every bad news in the market they get frail, gripped with FUD and pull out but today it's like the mentality has changed due to the exposures these manipulations fail to have much significant effects as it use to... Although a very few ignorant weak hands still fall for it

Well, it is just a natural process imo. I don't blame people from feeling FUD, it's something natural especially if you're new to the scene and don't know left from right but gradually, you learn how to filter out news that are actually relevant or not. It's really similar as to how journalists just... go and create articles about the most random bs. Like something really really vague and they'd push out an article that would make it seem like a solid fact already lol.

Doesn't mean to say that people won't feel FUD from now on though.

Time passes and lessons are learned from previous mistakes. There are many different ways to influence people and get them to sell their investments, and many of them have been tried to date. If a conscious investor is confident in what he invests in, he continues to wait for his goal and is aware that one day he will reach the goal.

In the investment market, someone has to sell goods and buyers have to buy new goods. The process continues like this, so when one of them finishes their investment, the other's investment has just started. The market often repeats itself, and those who know these repetitions make market movements according to their own plans. There will always be those affected by sales pressures and negative news, but this number will decrease over time.

Well that's how you gain experience. You mess it up till you learn how not to. The experienced investors indeed don't buy any FUD but they also know when to leave a certain asset. That asset might very well be bitcoin in the future. Some Terra Luna holders held their position to the very end and they ended up with nothing. The chances are very slim but one day that failing asset might be bitcoin and if that day comes, lots of people will be holding their positions to zero while the smarter guys will leave the game before anybody else even notice what's happening. That happens with stocks every day. Some people are gifted (can do well TA) and some people are insiders. (they get the news before anybody)

People still fall for FUD, especially those who are inexperienced. There are still many people who still think that the easiest and fastest means of becoming rich is through buying Bitcoin. These set of people are the main victims of FUD. A neighbor just told me that his friend intends to take a loan to enable him to benefit from the bull run. And my candid advice was to tell him that it is not good to use a loan to invest in a sector like cryptocurrencies. Such a person might be under pressure to repay the loan which might make him become a victim of FUD.

Most of these FUD mongers have come up with new patterns of investing and spreading FUD. You can see these new methods all over the social media. Since I don't have any report that authenticates OP's claim I can speculate that Bitcoin awareness has improved in recent times and a greater percentage of the crypto population is aware of these FUDs. I believe so based on the responses I see on some social media platforms. You see people disputing and dispelling some information that is targeted at promoting FUD.

I agree with you here. We should never generalize things or situations to everyone. This is because some people might fall victim in some cases while some people are not victims of it at all. It is ignorance that many people fall victim to so many things and have not recovered from them until today. It is believed that people may have gone through so many things which so many have been able to acquire so much knowledge which has helped them in such situations. But if they do not take full control of their emotions in gambling, they will still be a victim of some circumstances.

We all gone through such situation before as you said, no matter if we FOMOed or panic sold or not in the past, because emotions are really intense regardless of our behavior in such cases. Many new hodlers will experience it for the first time, but after more than a decade of existence, it is becoming less and less a novelty for many.

Never right to generalize. Of course there are people who still fall for FUD and FOMOs simply because we are different from one another some people are just involving their emotions with things which makes them affected ok m things they would be informed of. We all gone through such situation before and if you did not, them that means you're just actually good at decision making and weighing the situation.

But yes, fortunately more people are now knowledgeable and aware of things about this industry which helps them on achieving their goals. Result? Less mistake on their journey. Simply shows that people are just lacking the information or knowledge on why they are still hesitating to invest and engage towards this industry. But we are still rooting for a better situation to them.

Cheers to you finally realizing that the market isn't in shambles just as how the people think it is. And while you're kind of generalizing the notion that no one believes the things you listed anymore cause believe me when I say they are still there, it still serves to know that the people who does get shaken by news like these are already far off gone crypto-wise and have already fucked off some place else. Those who saw past the bull shit are still here and are working towards fattening their portfolios up, after all we're still on track events-wise with the whole bull season.

Everyone's becoming a little bit smarter now with taking in news and discerning whether they'd let themselves be swayed by it or not. In the past the mere selling of Tesla-held bitcoins were enough to crash the market, and while the same could still be said today, pretty sure the market would be able to recover quickly just like how it did a few months ago amidst massive FUDs with some of ETFs not being approved by the US SEC and all that shebang.

Oh well. Good news coming in again for us cryptobros, let's just keep at it and not be stupid.

People are more experinced and smart it's not easy for bigger financial instutions to fool people.
When something don't work it got be changed people not fooled in anymore.

Let's take some examples:
Nobody don't belive in any kind of FUD anymore like china ban btc , xrp sec case , people know that sec was just shaking out small guys from xrp also the eth security or not people knew that it's fake case also.
Also the danske bank case and now nordea bank case so the retail not selling their shares but they buying becouse of bad news.
Top fudster the sec guy who talk too much and it's nonsense the Gerry cansler or what Ever he name is nobody don't care it's just fud the xrp case was always big fud
Let's wait bad news more because fud don't work anymore people getting smarter.
Once people getting smarter then financial markets don't work the way how they use to be.
Also the nvdia (shortages of chips lol ...and nancy pelozi was involved ,well nobody don't belive those anymore )
So people cant be fooled anymore ...i wondering what's the new tricks they use ?

So we need to see new scams but it don't matter what the person who work in goverment or are top financial guy with nice expensive suit on we all know they never do or say anything to make small investors happy so it really don't matter what they talk or not talk at all people just ignore them becouse people smart now.
Off course those kind of people never work sure theyll find new ways to get other people money but more scams and more no trust more catious the people will be until the point that it's allmost impossible to scam people but sure theill work out new ways i guess in davos lol 😁