Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: udayantha11 on March 21, 2021, 10:14:14 AM



Title: exact differance between fomo and fud
Post by: udayantha11 on March 21, 2021, 10:14:14 AM
Please anyone here explain


Difference between fomo and fud , both are same or differ ?


Title: Re: exact differance between fomo and fud
Post by: longyenthanh on March 21, 2021, 10:17:25 AM
Please anyone here explain


Difference between fomo and fud , both are same or differ ?

FOMO and FUD mean something else, even complete opposites.

Both meanings are described in detail in Wikipedia:

FOMO - https://en.wikipedia.org/wiki/Fear_of_missing_out

FUD - https://pl.wikipedia.org/wiki/FUD

In short, FOMO is the fear of losing an opportunity to buy something, and FUD is information warning against buying something.


Title: Re: exact differance between fomo and fud
Post by: Yaunfitda on March 21, 2021, 10:30:52 AM
1, FOMO - (Fear of Missing Out)

2. FUD - (Fear, Uncertainty, Doubt)

We all know that when we trade, it involves a lot of emotions. So when we hear or read news about a certain coin about to make a break out run, we rush to join the bandwagon because we don't want to miss the fun and of course the profits

2. While FUD, there are group of people who wanted to spread negative news about a certain for many reasons.  Usually started on social media, like twitter and then being caught by crypto related websites causing people to be afraid and nervous and then sell.