Why is There Problem In the Crypto-currency?

matchi2011

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Quote from: romero121 on October 11, 2021, 12:22:03 PM

Educate people and the same will help with solving the problem in the cryptocurrency. Why there is FUD, because users are initially directed in such a way. Compared to the past nowadays the market movements out of the users panic is almost nil. This happened as a result of proper understanding by the users.

Earlier people used to panic once there is continuous fluctuation, and the same is used as a chance to buy low by large whales of the market. Slowly this has changed as people learned the reality of the market and doesn't react to negative news circulated to create panic. So, education is the way to overcome majority of the problems arising with cryptocurrency.

Understanding gives more comfort to those who start investing in this business, way back to its more on relying on news. Bad ones creates fuds while good ones creates fomos, but everything is different now, investors see good opportunities and big potentials, they are not being affected of any news after setting their targets, more investors are positively thinking on maximizing their profits and now willing to hold for longer time frame.

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Educate people and the same will help with solving the problem in the cryptocurrency. Why there is FUD, because users are initially directed in such a way. Compared to the past nowadays the market movements out of the users panic is almost nil. This happened as a result of proper understanding by the users.

Earlier people used to panic once there is continuous fluctuation, and the same is used as a chance to buy low by large whales of the market. Slowly this has changed as people learned the reality of the market and doesn't react to negative news circulated to create panic. So, education is the way to overcome majority of the problems arising with cryptocurrency.

Silberman

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Quote from: mamahdedeh on October 08, 2021, 10:19:10 AM

Quote from: Silberman on October 08, 2021, 10:09:50 AM

Quote from: Alisha-k on October 06, 2021, 08:23:54 AM

FUD can never be curbed out totally from the crypto world, it can only be reduced and that's by giving accurate and detailed information where and when necessary about crypto currency........

FUD doesn't exist in crypto alone, it's general especially in financial organization.

I personally think FUD is one of the things that make crypto currency unique, cause the fear, uncertainty and doubt will help you make proper analysis before making any investment.

The issue is that unlike traditional markets a great deal of the people trading the markets of cryptocurrencies are people that have no formal training as traders and do not took the time to learn more about the topic, this means that whatever information that comes out that is slightly negative affects them greatly, then the whales take advantage of this and exaggerate the news and FUD is created out of nowhere, and personally I do not see this changing any time soon.

and it can be said that they are self-taught, which in the end have to find their own strategy to be able to trade comfortably, until the ultimate goal is profit. go through a long process to be able to achieve their goals, and unfortunately many of them give up halfway. and it is this that must be learned that trading psychology cannot be underestimated

But the problem is that they never take the time to develop a coherent strategy about what they want to do in the markets, this means that when the time comes and they begin to face difficult circumstances in the market that is when they will begin to improvise, and this is a really bad idea in this market as they will have the tendency to take their decisions based on their emotions, and once that happens to a trader you know they have no chance of making money out of the markets.

geegaw

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Quote from: Rasa nanas on October 08, 2021, 11:50:35 AM

bitcoin today is different from bitcoin 10 years ago, now bitcoin has turned into something very big. of course problems cannot be eliminated from something big. FUD is a problem that cannot be separated from the bitcoin life cycle, whether it is FUD caused by a country or FUD caused by someone. but whatever FUD that overrides bitcoin will not be able to destroy bitcoin because currently bitcoin has grown into something big and has a very large community.

Except for the life cycle of bitcoin, FUD is an integral part of many investment markets when it's a combination of trust, doubt, and emotions born of information that our memory takes in each day or at times when the body is most sensitive. And instead of answering the question of why there is always a problem in crypto, we should keep in mind how we buy low and sell high, buying low requires FUD and selling high requires FUD, no problem will keep demand unchanged, no change will have no spreads and no longer an investment market

sana54210

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Quote from: tabas on October 09, 2021, 05:27:04 AM

Quote from: ?? on ??

Along with the increasing popularity and adoption of bitcoin, bitcoin FUD will also continue to increase, causing doubts and fear for the public, but this will not be the reason bitcoin becomes worthless

It will never be gone. In all of the markets, FUD are also staying. There are those whales that will do everything they can to create FUD and that's what they usually do to themselves a favor.

As someone who has been here for a very long time, the number of people who create these FUDs and spread them are getting higher in the numbers but lower in percentage. So, that means instead of having 10 people out of 100 people, we have 50 people in 1000 people, the number increased but there are way more people who support and love crypto as well, instead of 10 vs 90, we have 50 against 950.

The numbers are made up of course but you get the idea what I am talking about. This is why I honestly believe that there is a good chance bitcoin will get less and less FUD attention. Not because people are not trying to spread it as much as they can, there are still many that do, their numbers grow every day, but because we have even more people that support it and love it which is why the FUD world will get more silent every single day and will be less heard.

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Quote from: ?? on ??

Along with the increasing popularity and adoption of bitcoin, bitcoin FUD will also continue to increase, causing doubts and fear for the public, but this will not be the reason bitcoin becomes worthless

It will never be gone. In all of the markets, FUD are also staying. There are those whales that will do everything they can to create FUD and that's what they usually do to themselves a favor.

Quote from: ?? on ??

because so far we have seen that bitcoin has been able to get through its gloomy period in 2017 -2018 where FUD news happens continuously.

Yeah, too many FUD by that time and even until today, they never stop.

SirLancelot

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Quote from: Barinekapaul on October 01, 2021, 08:31:01 AM

Can't the problem with a known source be solved?

You will agree with me that everyProblem has its root, things such as;
Destruction starts from planning,
Independence starts from Serving/Slavery
Reduction in bitcoin worth is a result of Ban in some countries such as China.
Now this has come to the crypto-currency which is caused by Fear, Uncertainty, and Doubt (FUD)

As regards our crypto-currency that is affected by "FUD" is there no contribution we can make to settle this?

There’s no way you would be able to solve a problem like that. Correct me if I’m wrong. How do you plan to go about that? Even if you are going to try to spread the accurate information and educate people with the right information, that's not going to stop others from passing the wrong information.

There are lots of news platforms out there that always wants to spread the wrong information and create fear, and sometimes people do it on purpose, especially the whales, as a way to pump and dump crypto currencies. So, you can see that your aim and the aim of others is never the same, so there’s no way you can go about solving this issue.

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Quote from: Barinekapaul on October 01, 2021, 08:31:01 AM

Can't the problem with a known source be solved?

You will agree with me that everyProblem has its root, things such as;
Destruction starts from planning,
Independence starts from Serving/Slavery
Reduction in bitcoin worth is a result of Ban in some countries such as China.
Now this has come to the crypto-currency which is caused by Fear, Uncertainty, and Doubt (FUD)

As regards our crypto-currency that is affected by "FUD" is there no contribution we can make to settle this?

I disagree here that the value of bitcoin is not decreasing at least as you know the price is around $47k and it's $53k today. How do we come to an agreement that what is supposed to be in China is affecting bitcoin price, bitcoin price is affected by demand for it and FUD information from China is not negatively impacting bitcoin.evidence is the price of BTC has increased now and there is a lot of good news about BTC,we must be glad that China now has no chance to manipulate this crypto market anymore.

TheGreatPython

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Quote from: Silberman on October 08, 2021, 10:09:50 AM

The issue is that unlike traditional markets a great deal of the people trading the markets of cryptocurrencies are people that have no formal training as traders and do not took the time to learn more about the topic, this means that whatever information that comes out that is slightly negative affects them greatly, then the whales take advantage of this and exaggerate the news and FUD is created out of nowhere, and personally I do not see this changing any time soon.

While I am agreeing here the biggest issue is education about cryptocurrency because in last one decade we have some good improvement, but sadly we are unable to provide solid base for education which is very important for newbies which help them give them better understanding of this all if we are able to provide this then surely scams also going to be very less because educated peoples can handle in better way instead of non-technical peoples those are losing funds in this community.

Mostly peoples reading just few things and investing and losing very quickly. They are not going to doing some better understanding of project and checking about product and team, which is also very important for them.

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Quote from: fiulpro on October 01, 2021, 09:39:59 AM

4. If you do see a FUD, report to the moderator for example on the forum itself! It's just small steps that we can do in order to ensure that people don't fall prey to the FUD's, panic buy/panic sell and at the end of the day loose the track.

To be frank with you, this forum is just a microcosm of the entire social media stuff. I agree that it's about the most popular crypto forum but then it isn't that big to weather FUD for the entire crypto industry. If we are going to be reporting FUD to mods (which I believe is unethical) we should also find a way of reporting FOMO. The two of them work together. We can't choose one and then drop the other because we feel it affects us negatively. Come to think of it, how do you think courageous investors increase their stash if not by buying the dip from weak hands.

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Quote from: mamahdedeh on October 08, 2021, 10:19:10 AM

Quote from: Silberman on October 08, 2021, 10:09:50 AM

Quote from: Alisha-k on October 06, 2021, 08:23:54 AM

FUD can never be curbed out totally from the crypto world, it can only be reduced and that's by giving accurate and detailed information where and when necessary about crypto currency........

FUD doesn't exist in crypto alone, it's general especially in financial organization.

I personally think FUD is one of the things that make crypto currency unique, cause the fear, uncertainty and doubt will help you make proper analysis before making any investment.

The issue is that unlike traditional markets a great deal of the people trading the markets of cryptocurrencies are people that have no formal training as traders and do not took the time to learn more about the topic, this means that whatever information that comes out that is slightly negative affects them greatly, then the whales take advantage of this and exaggerate the news and FUD is created out of nowhere, and personally I do not see this changing any time soon.

and it can be said that they are self-taught, which in the end have to find their own strategy to be able to trade comfortably, until the ultimate goal is profit. go through a long process to be able to achieve their goals, and unfortunately many of them give up halfway. and it is this that must be learned that trading psychology cannot be underestimated

You also have to see it from another very important point of view, for example, to enter investors or the stock market you have to be in a broker where they ask for KYC and a considerable amount of money and this without counting that if you belong to one of the The forbidden countries then you cannot trade, while in BTC and the cryptocurrency market you can enter with very little money, I know friends who have only started with 10-20USD, and they have earned a lot, of course now the problem with KYC is something almost global, every exchange is demanding KYC unless it is not a decentralized one, but this option almost nobody sees it, for me this is one of the advantages of the crypto market.

Rasa nanas

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bitcoin today is different from bitcoin 10 years ago, now bitcoin has turned into something very big. of course problems cannot be eliminated from something big. FUD is a problem that cannot be separated from the bitcoin life cycle, whether it is FUD caused by a country or FUD caused by someone. but whatever FUD that overrides bitcoin will not be able to destroy bitcoin because currently bitcoin has grown into something big and has a very large community.

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Quote from: Silberman on October 08, 2021, 10:09:50 AM

Quote from: Alisha-k on October 06, 2021, 08:23:54 AM

FUD can never be curbed out totally from the crypto world, it can only be reduced and that's by giving accurate and detailed information where and when necessary about crypto currency........

FUD doesn't exist in crypto alone, it's general especially in financial organization.

I personally think FUD is one of the things that make crypto currency unique, cause the fear, uncertainty and doubt will help you make proper analysis before making any investment.

The issue is that unlike traditional markets a great deal of the people trading the markets of cryptocurrencies are people that have no formal training as traders and do not took the time to learn more about the topic, this means that whatever information that comes out that is slightly negative affects them greatly, then the whales take advantage of this and exaggerate the news and FUD is created out of nowhere, and personally I do not see this changing any time soon.

and it can be said that they are self-taught, which in the end have to find their own strategy to be able to trade comfortably, until the ultimate goal is profit. go through a long process to be able to achieve their goals, and unfortunately many of them give up halfway. and it is this that must be learned that trading psychology cannot be underestimated

Silberman

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Quote from: Alisha-k on October 06, 2021, 08:23:54 AM

FUD can never be curbed out totally from the crypto world, it can only be reduced and that's by giving accurate and detailed information where and when necessary about crypto currency........

FUD doesn't exist in crypto alone, it's general especially in financial organization.

I personally think FUD is one of the things that make crypto currency unique, cause the fear, uncertainty and doubt will help you make proper analysis before making any investment.

The issue is that unlike traditional markets a great deal of the people trading the markets of cryptocurrencies are people that have no formal training as traders and do not took the time to learn more about the topic, this means that whatever information that comes out that is slightly negative affects them greatly, then the whales take advantage of this and exaggerate the news and FUD is created out of nowhere, and personally I do not see this changing any time soon.

matchi2011

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Quote from: DU18 on October 06, 2021, 08:50:15 AM

So far FUD will not last long and gradually continue to alternate and the fact is that until now bitcoin still survives and even people are starting to realize how important blockchain technology is in today's modern era in every life, FUD that hit bitcoin not infrequently makes bitcoin is getting stronger, and when FUD starts to spread, of course many people start investing in bitcoin because they can buy it at a cheap price, to get big profits in investing it is not uncommon for some parties to use FUD as a way to lower the price and so they can buy it at a low price.

FUD helps in attracting investors' attentions, with lots of negative news people who are not really interested in crypto will hear about it and try to find additional information. With the help of internet it serve as easy access to increase your knowledge about this industry. With open ideas, those people will begin to realize the value of blockchain and start to adopt.

Most of the time, those people are being encouraged to learn deeper to enjoy this venue of either investment or payment process.

proTECH77

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Try to follow the rules and regulations of cryptocurrency in the community. There are many facilitators in the community who are ready to impact anyone that is ready to known more about cryptocurrency,and not to experience negative part of cryptocurrency . The moment you disobey the rules that guide cryptocurrency, it will affect you negatively until you learn from your pass and start avoiding those things that is making you to disobey cryptocurrency rules in the community.
Once you started following those rules of cryptocurrency, it will hard for any cryptocurrency traders to experience any problem in the community.

Wexnident

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The only problem in crypto is that it's either directly again against what people want (or against the current financial system where they can take their own liberties), or that the people are completely ignorant and would 100% believe info like Bitcoin is a scam since their friend got scammed by being uninformed (or an idiot). It's not really something an external party could fully fix, they could help, but without the other party themselves realizing and understanding it, then the problem would always stay there.

Sir Legend

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Investors must dare to take risks, when we invest in any type, the first thing to know is the opportunity for profit and loss, crypto is a high-risk type of investment so it is only feasible for those who have stable finances so they don't panic when they see prices drop.

DU18

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So far FUD will not last long and gradually continue to alternate and the fact is that until now bitcoin still survives and even people are starting to realize how important blockchain technology is in today's modern era in every life, FUD that hit bitcoin not infrequently makes bitcoin is getting stronger, and when FUD starts to spread, of course many people start investing in bitcoin because they can buy it at a cheap price, to get big profits in investing it is not uncommon for some parties to use FUD as a way to lower the price and so they can buy it at a low price.

Alisha-k

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FUD can never be curbed out totally from the crypto world, it can only be reduced and that's by giving accurate and detailed information where and when necessary about crypto currency........

FUD doesn't exist in crypto alone, it's general especially in financial organization.

I personally think FUD is one of the things that make crypto currency unique, cause the fear, uncertainty and doubt will help you make proper analysis before making any investment.

Topic: Why is There Problem In the Crypto-currency? (Read 359 times)