Crypto speak: FUD😱
When trying to read the overall sentiment of the crypto market, some like to spread FUD, which stands for “Fear, Uncertainty, and Doubt.” Pundits, journalists, and random internet denizens often spread negative news, criticisms, or rumors about a project, and this creates FUD.
✅The central goal of FUD is to create so much panic among investors that it crashes the price of a cryptocurrency💰
FUD is not exclusive to crypto; it can be applied in any industry. However, the crypto world is rife with FUD, so if you’re following a crypto whose price suddenly tanks, it doesn’t mean the project is going belly up.
It’s entirely possible that the project was a victim of FUD.
When trying to read the overall sentiment of the crypto market, some like to spread FUD, which stands for “Fear, Uncertainty, and Doubt.” Pundits, journalists, and random internet denizens often spread negative news, criticisms, or rumors about a project, and this creates FUD.
✅The central goal of FUD is to create so much panic among investors that it crashes the price of a cryptocurrency💰
FUD is not exclusive to crypto; it can be applied in any industry. However, the crypto world is rife with FUD, so if you’re following a crypto whose price suddenly tanks, it doesn’t mean the project is going belly up.
It’s entirely possible that the project was a victim of FUD.