FUD is an abbreviation of Fear, Uncertainty, and Doubt which often occurs in the world of cryptocurrency investment. In general, the term FUD is associated with leading public opinion by spreading negative sentiment or news about a coin/token. When negative sentiment or FUD is spread on various social media and websites, it will affect the psychology of investors, generally novice investors become panicked, the price will drop drastically, so they flock to sell their crypto, and of course the price will fall further, this opportunity will be exploited by whales or FUD spreaders to buy crypto at low prices. Here are some ways investors can avoid FUD:
1. Validity of the News
Investors need to check the validity of the news on various trusted and highly credible crypto news sites, at least compare two news stories from different platforms.
2. Strengthen your psychology
Armed with trusted news sources increases self-confidence and strengthens psychological conditions so that the influence of FUD is reduced.
3. Analyze Logically
Don't panic even if it seems like the price of the crypto being used as FUD is starting to fall, use logical analysis and monitor the increasing sales volume.
4. Remain firm with the initial plan and strategy.
Increase discipline to be firm and confident with the personal analysis that has been carried out so that you stick to the initial plans, goals and strategies.
5. Don't spread FUD
When you get news of FUD, don't immediately share it with the community or forum site. If many people believe it, it will create herding behavior.
6. Use Cold Money or Idle Money.
If you invest in crypto using idle money then fear is not as high and you will be better prepared to face price fluctuations.
1. Validity of the News
Investors need to check the validity of the news on various trusted and highly credible crypto news sites, at least compare two news stories from different platforms.
2. Strengthen your psychology
Armed with trusted news sources increases self-confidence and strengthens psychological conditions so that the influence of FUD is reduced.
3. Analyze Logically
Don't panic even if it seems like the price of the crypto being used as FUD is starting to fall, use logical analysis and monitor the increasing sales volume.
4. Remain firm with the initial plan and strategy.
Increase discipline to be firm and confident with the personal analysis that has been carried out so that you stick to the initial plans, goals and strategies.
5. Don't spread FUD
When you get news of FUD, don't immediately share it with the community or forum site. If many people believe it, it will create herding behavior.
6. Use Cold Money or Idle Money.
If you invest in crypto using idle money then fear is not as high and you will be better prepared to face price fluctuations.
