How to Avoid FUD in the Bitcoin Market?

[Sotherefore]

Well it is always better to set stop-loss if you are keeping your cryptocurrency in exchanges like binance on 10% so that if there is any serious drop in the price of cryptocurrency your portfolio will not shrink.

 

[Elfinito]

The best way to avoid this is to follow your instincts and always believe in your ability.
I would be a millionaire now if I had followed my instinct and purchase Bitcoin when it was just $200

 

[Dagm1]

i do not there's a method andividual can easily prevent FUD in bitcoin. the very best method ones needs to perform is actually to examine the webinternet web site thoroughly prior to spending or even prior to dealing with all of them. many people are actually been actually scammed since the absence understanding around bitcoin.

 

[Trexxxy]

It is hard to avoid, cause no matter what, people will spread false information and jump on false bandwagon. The best is to have a plan and stick to it.

 

[Thinker009]

I think one way to avoid fud is to learn the market properly before you invest , because you might think the price would keep rising or falling and them things would change

 

[Kaffyfolla]

An acronym that stands for “Fear, Uncertainty and Doubt.” It is a strategy to influence perception of certain cryptocurrencies or the cryptocurrency market in a large

 

[Justin]

Not just in Bitcoin, or crypro currency market in general, Fear, Uncertainty, and Doubt is every where. I see FUD in stock market, real estate market, even in the business and commerce sector.

 

[Lens]

I will like to reiterate that you need technical and fundermental analysis if you really want to make something worthwhile in cryptocurrency business. It's very necessary.

 

[Sotherefore]

Well i only operate with two ruless with cryptocurrency, if I am trading cryptocurrency I always said a stop loss and in the stop-loss hitted I won't trade again, but if I am holding a coin for long-term purposes, I won't even care about whatever news that is circulating around the crypto space.

 

[Blessedsam60]

Thanks so much for this information as this will surely help new Bitcoin investors. We just have to invest what we can afford so as not to be phsychologicallly traumatized.

 

[Kaffyfolla]

If you measure the cycles from bull run tops to bear market bottoms pivoted around halving events, some of these FUDs are classics, they never go away. Some are repackaged and thrown into specific cycles closer to specific events and others are new and even amusing. Many have had decimating impact, while others created milder fluctuations, but none could last the test of time either killing Bitcoin or keeping the price down for long. Let us look at some of these categories and examine them on their merit or debunk them.

 

[HayKay]

One way to avoid this syndrome is to ensure that you research really well and invest in viable projects with good utility; that way you wouldn't be scared when prices keep fluctuating or be scared of the project being rug pulled either.

 

[ahmedo24]

the challenges that majority of people that they invest in points they don't make research the only do that in the name of fear of missing out especially when the coin is pumping.

 

[BrolySSJ]

The term FUD will stick with novice traders in the Bitcoin market, because cryptocurrency has a very high volatility, which often affects the psychological condition of new traders.
So in the world of Bitcoin trading, we don't only need technical and fundamental analysis skills, but we must be aware of FUD. So how do you think you can avoid FUD in the Bitcoin market?

I think that this is something that will happen on a continuous basis with people because we are driven by the emotions that we have and therefore i am not surprised to see people subject to FUD.

 

[Busybee]

FUD stands for Fear Uncertainty and Doubt which is common among new investors. Due to the high risk and volatile nature of the crypto market, it's only natural to have these qualities. But we have to develop our own trading systems or investment strategy to combat these emotions. Stake calm and keep investing, you can win the game of BITCOINS.

 

[Sincerem]

I don't think one can do away with FUD especially if you are trading. It's human nature to be scared of his investment and those are normal traits. The thing that has to be suggested is ways on how to manage them to an acceptable level. No matter the kind of risk appetite am individual has there would always be instances where FUD is shown.

Yes, you cant actually avoid FUD when you are investing in crypto currency but you can actually manage them so they don't overwhelm you as the investor and you can still perform your trades.

 

[zelalem]

I think everyone had this experience at first, but as they gradually expanded their knowledge of cryptography and understood trends and patterns, they became more confident, how long and what to sell without panicking. You will come to know.

 

[Sotherefore]

Investing in cryptocurrency will not be a smooth path in the sense that the price will continue to increase and decrease
you just have to determine if you are investing for long-term purposes or short-term. This is what you have to stick with.

 

[Planbizzle]

The term FUD will stick with novice traders in the Bitcoin market, because cryptocurrency has a very high volatility, which often affects the psychological condition of new traders.
So in the world of Bitcoin trading, we don't only need technical and fundamental analysis skills, but we must be aware of FUD. So how do you think you can avoid FUD in the Bitcoin market?

Never rely on gossip or rumors; rather, read reports and evaluations from reputable sources. It's crucial to maintain focus and avoid panicking when the market is unstable. Set reasonable trading objectives and adhere to them.