Hi, it's the continuation of my previous topic about FUD (https://bitcointalksearch.org/topic/m.36605189)
The concept of FUD came to us from politics and marketing, the abbreviation consists of three words - Fear, Uncertainty, and Doubt. FUD is a tactic of psychological manipulation, consisting in giving information about something (for example, about a concrete coin or about kriptornke in general) in such a way as to sow uncertainty and doubt in its qualities among the audience and thus cause fear of it. In practice, this is usually a giant wave of negative news that captures absolutely all sources of information.
Of course, there are occasional cases of unplanned mass hysteria, but as a rule, if FUD is going on - it means that for someone it is profitable. In which cases is it profitable to use this tool?
Can you remember the examples of FUD?
The concept of FUD came to us from politics and marketing, the abbreviation consists of three words - Fear, Uncertainty, and Doubt. FUD is a tactic of psychological manipulation, consisting in giving information about something (for example, about a concrete coin or about kriptornke in general) in such a way as to sow uncertainty and doubt in its qualities among the audience and thus cause fear of it. In practice, this is usually a giant wave of negative news that captures absolutely all sources of information.
Of course, there are occasional cases of unplanned mass hysteria, but as a rule, if FUD is going on - it means that for someone it is profitable. In which cases is it profitable to use this tool?
- In relation to bitcoin or crypromarket in general - for example, if you want to greatly drop the price of the Cryptocurrency and buy at the bottom. In general, "rocking the boat" and creating a strong volatility is beneficial to those who know when the next wave of negative news will hit the market. After all, you can safely clip hamsters on the stock exchange and get super profits.
- In relation to the project, going to the ICO. Sometimes for a relatively short period of time ICO has several projects at once. But their management is well aware that the investment resource is limited, and investors will somehow choose. Of course, it is advantageous to remove as much as possible from the media field other start-ups, even in this way.
Can you remember the examples of FUD?
It's a good definition for FUD.
F- Fear in the price drop
U-Uncertainty
D-Doubt in the market about the raise
This is the major cause for the fluctuation in the price of bitcoin.If any minor drop occur,the investors hold their bitcoin and wait till the price reach low value.Due to the doubt,people sell their valuable bitcoin at low price.