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The truth about "FUD" (for specific coins/tokens/projects)
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Have you noticed that many regulars of Telegram channels and Reddit subs for most coins/tokens/projects are terrified of "FUD"?

I.e. anyone who posts anything negative about the project typically causes mass hysteria among large sections of the holders who start screaming and demanding that the person saying anything negative be banned in case it discourages anyone else from buying, or worse, that it will cause others to sell.

Of course, the real reason for this is that they are terrified that the price will go down and that they are left holding the bag. And yet, when you ask them about this, they will deny that this is the case, trying to comically rationalize their unstable emotional state in some incoherent, roundabout manner using gibberish that makes no sense.

So, let's talk about "FUD" when it comes to the big caps or the top 3, namely BTC, ETH and BNB. These three have their fair share of constant "FUD" and haters. Many of you, yourself, probably have some kind of dislike or vendetta against one or more of them and have engaged in "FUD"-spreading, and yet, all three continue to thrive. Why? Because solid coins/projects can withstand "FUD", especially if said "FUD" is fake, false or bullshit. And fake/false/bullshit "FUD" eventually fails to have any lasting effect on a solid coin/project.

So if you're freaking out about "FUD", maybe it's because, deep down, you actually believe the "FUD" may be true and don't really have any confidence in the project you've invested in? Something to think about.

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2 years ago