Bitcoin Forum

Can't the problem with a known source be solved?

You will agree with me that everyProblem has its root, things such as;
Destruction starts from planning,
Independence starts from Serving/Slavery
Reduction in bitcoin worth is a result of Ban in some countries such as China.
Now this has come to the crypto-currency which is caused by Fear, Uncertainty, and Doubt (FUD)

As regards our crypto-currency that is affected by "FUD" is there no contribution we can make to settle this?

You simply spread accurate information and educate people. But while you can do that to decrease misunderstandings from the masses, there is simply an unlimited supply of idiocy. So while you can try as hard as you can(which is good), it's pretty difficult to have a meaningful impact.

Ofcourse.
I do believe that everyone can make a contribution, be it small of big when it comes to crypto community. Let's talk about how :

1. Reach out to your friends and families educate them about cryptocurrencies
2. Make sure you are always rechecking the facts and news which is being spread on the social media websites
3. Always be willing to learn and keep the crypto news websites handy, also it's advisable to check any news regarding legal issues on the government websites and not anywhere else, some news sites can tilt and manipulate it, better to be safe than sorry.
4. If you do see a FUD, report to the moderator for example on the forum itself! It's just small steps that we can do in order to ensure that people don't fall prey to the FUD's, panic buy/panic sell and at the end of the day loose the track.

You can help change things in your own little way. Educate whenever you can without sounding like you're forcing facts on to some other people's throats. Be nice and open to discussions whenever possible, and respect whatever other people has to say while subtly telling them facts about crypto. You can do these things all you want, and its impact may be extremely little, but it can still go a long way and even help someone out there and you just don't know about it.

Reporting FUD ain't gonna do nothing though. Unless the post is just obvious spam, the FUD stays because we don't censor here. All you can do is to respond to the thread with you debunking the FUD, as to prevent other people from getting unnecessarily scared or misinformed.

I do not want to agree to you for this. I want to disagree here that the worth of bitcoin is not decreasing at least you know the price around $47,000 today. How do we come to that agreement that what is said in China is affecting bitcoin price, bitcoin price is impacted by demand for it and the information from China isn't impacting negatively on bitcoin. Such centralized mode of communication won't affect bitcoin because investors not giving attention to China. But such news like those from Elon musk can cause such not China.

One small person can attract more mass for their idea. But this must be done very carefully, in no way violating the boundaries and opinions of other people. We know many historical figures, good and bad, who were able to lead the masses. The main idea, in this case, the idea of ​​cryptocurrencies, should be presented completely competently and carefully, recognizing not only all its advantages, but also disadvantages, and allowing people to hear not only good news but also bad news. Well, later, after negative news, which is often always broken on stones, to have time to prove the correctness of your idea.

Besides medias, We are other key players here who is responsible in spreading out news on crypto currencies and supporting its growth. We who are here in this forum are already doing this knowingly or unknowingly. We have made our own friends (who really doubted) believe in Bitcoin's growth and its existence by showing the proof of our earnings. Seeing this proof, many have invested into either Bitcoin or on other crypto currencies. Like wise, the word got spread and we have so many investors now which just happened by word of mouth besides medias shout.

Lets continue our support to the best we can as we are doing it now. 

I just want to reinforce/add to Mr. @mk4's statement that we really cannot make a big contribution if we are not influential influencers on social media or in the real world. But with a skilled mind and today's social media you can create information that they or others can digest, either for the general public who are not familiar with crypto or for people who are already familiar with crypto.

Then do what you can, from spreading information to people around that cryptocurrency or Bitcoin is not as scary as they hear from the mainstream media.

If you are a writer then provide educational work on the truth about Bitcoin and its existence. I've heard some statements that we are not at war physically, but are at war in the era of digitalization where everyone uses the internet, so everything can be reached quickly via social media in one second you can access thousands of people even millions.

For someone who is active on social media, this is the ideal space to share this information. We have different portions and tasks, but the impact is not too broad. But that doesn't mean it doesn't work. Because it can have an impact in 1 year or 10 years. Give what you can to those around you with the aim of providing the right benefits and information.
Tell them even if it's just a word. Because one day what you preach will reap benefits for future generations.

I think that the most important thing to do at this point is to educate people definitely. And I think that the source of many problems in this market is being uneducated. People don't have enough knowledge about cryptocurrencies and this causes them to take not very sensible actions. Even without FUDs, people themselves affect the prices in the market by their actions. Because the demand is everything for this market.

The only way to stop people falling from FUDs is to spread knowledge among them. In other words, educate them. Don't share those articles that spreads FUDs through clickbait titles. If someone shares one, make sure to provide them with correct information while telling them not to share those contents. Assist people that are for the FUDs. Stop them and make them aware of what's going on. This is the only way to stop FUDs.

No one way to settle it because there will always be those agenda that will be made that has their own plans too. Start to yourself and be the one that validates information first before you disseminate it.
True that lack of knowledge makes everyone worry and that's where the fear starts if they don't understand how the market works.

ignorance is the common reason why people spread fud, hate or dislike to certain things. but once you educate them, they will change their perspectives. so if you are hesitant on some things, why make a habit of educating yourself. don't just listen to other's opinions because it is tainted by bias already. just like many anti-bitcoin or anti-crypto, i believe most if not all them haven't experienced receiving or transacting crypto. but once they experienced it, high likely they will change their stance on this matter.

Cryptocurrencies have no problem, we all benefit when the price goes up or down. I am sure that beginning investors learn a quick guide to investing.
That was the first method I used and I still put it into practice. Risk is always an element to take into account, do not invest what you are not willing to lose.
There are great testimonies that cryptocurrencies have done for people what in previous years they could not do.

There are different problems in every cryptocurrencies we have , but if you know to choose the right or good one to use everytime you want it.Its give you a solution in your problem. The things that you can do is always searching the every crypto that you use everyday to avoid some problem. Have a nice choose and goodluck.

There is, of course. But, first, I guess FUD is always part of the market. I don't think we could ever remove it. Rumors or even news itself could cause FUD. FUD may be intentional or not. But FUD could only affect the market if people react to it. If people are well-informed; if they research, verify, analyze, and so on, FUD won't cause significant changes to the market. So you can actually contribute to lessen or even eradicate its impact. As mk4 said, accurate information and education are the keys.

Investors listen to every story they got online, if there is someone out there posting negative thoughts on Bitcoin, it's somehow regarded as truth when in fact this someone is no way near to half-truth. The internet can spread information quickly without having to rely on news articles. Once someone sees something out there that can affect the price, they'll take a step to make sure they are favored with such news.

Fear, uncertainty and doubts are constant in the market and are tools that help drive the market. As long as there is a market, FUD will continue to exist as you cannot eliminate it completely from people. Coming to terms with this reality might help you deal and handle your fear, feelings of uncertainty and doubts better, knowing that FUD are generally propagated misinformations that affect those who are gullible, or do not do research to verify whatever information they hear.

To help people deal with FUD, encourage people to always verify what they hear or read themselves, if they are too lazy at first, try to assist and do it for them for the time whilst encouraging them to pick up the practice of verifying whatever one hears or reads. The one or two persons that you can help, will help more other persons, and the ripple continues.

Just so you know, fud isn't a problem, it's part of the market. OP so let say you're trying to be the saviour here thereby tackling the fuds, how do you achieve this globally. The competition here is the government (China to be precise) and news outlets spreading this fud immediately they're published for their selfish reasons. How do you compete against the government and other elites in the media industry. Starting your own company wouldn't solve the problem because you'll still have the government to fight.

Negative news moves business than positive ones for this media houses which is why they published this news without verifying as a result, creating fuds. The news could be the government banning banks from participating in the industry but they'll published it as 'Bitcoin been banned by the government' just to attract readers. All we can do is enlighten the less informed individuals when the needs araises just as we're doing here on the forum.

The main problem in crypto is panic and that is the biggest problem we are facing almost every day, especially for new people who do not know much about crypto. But I am sure that if we can learn, that will not be a problem for us because we can solve it and maybe we can use it for ourselves. People need to check every time they read the news and that can help them to reduce their panic and can think about what they need to do related to the current situation. If they can not do that, they will always get a bad impact from that and it is hard to recover if they are not changing themselves.

Most day traders will be so affected by FUD spreading through mainstream media that the panic lasts for a while. When FUD appears, traders will sell their bitcoin or crypto in a panic and it causes a price correction. I believe they are educated and experienced people in this field. Can FUD be prevented? I don't think so. But crypto users can ignore it and not be swayed by it so the sale doesn't happen on a large scale like most holders have done for years. Avoid panic and don't be swayed by FUD because history has taught us that after a correction, the price will recover from time to time.

^ Since most of the crypto enthusiasts are new in this field, they will most likely be prone to FUD, it can be prevented unless they are not educated enough.
The problem is there are too many manipulators in the crypto field, the crypto whales as they know that could make FUD as they want and pay social media to get a result of panic selling by small-time holder that easy to get panic during the FUD spreading. The problem of early crypto adaptors are did not know technically how crypto will work, all they know is they simply get profit after investing.

Investing randomly without considering the risk would be suicidal, but I believe they can minimize the risk of loss if they want to invest in bitcoin in the long term. There are quite a number of wallet I have come across so far that still hold a lot of bitcoin without selling them in the last 10 years, they are hands of gold regardless of market price volatility. I think they are the ones who will win it all and make a lot of profit from assets that many people doubted in the early days. It is true that knowledge is the basis why we should invest, without knowledge we really cant stand tall.

FUD will exist in any type of investment . and indeed in crypto it is bigger because crypto prices are volatile. one way to not always FUD, be sure before choosing a coin and starting investment. FUD is something that all traders and investors in crypto must face.

There is no way you can solve an issue like this. There are so many people around the world that are investing in this market, and I believe a huge percentage of them are not even in this forum. Sometimes I use myself as an example, I never knew about the forum for years until I came across it.

So, how exactly do you plan on going about that solving a situation like this? Do you want to reach out to the whole people and tell them to stop selling when there is FUD? You don’t know everyone’s thoughts and you don’t know the action they will take next. That’s not going to be possible, so what you have to do is to focus on yourself and do what will work for you to save yourself from loss.

Problems will always exist here since different events affect the price of cryptocurrencies as well as the market situation but if we'll focus on the negativity instead of hoping for a positive impact, we'll surely attract what we believe. Despite all the negative things that are happening in crypto, we should still know how to deal with it. Crypto is volatile and Fud will always accompany it but we should know where and what to listen to.

They definitely should always check the stories online because even if they don't, their money is going to only go down the drain and be useless. That's the way things work for this kind of things so there's nothing we can really do.

Problem in cryptocurreny is by targeting and hacking a cryptocurrency exchange, hackers can gain access to thousands of accounts and digital wallets where the cryptocurrencies are stored and has high transaction fees, which would be even higher if it were to be more adopted.

This, since bitcoin is a decentralized currency then any measure that we could take in order to reduce the impact of FUD needs to be decentralized as well, this means that accurate information is the best way to reduce the impact of FUD in the present and in the future, however this is almost impossible to do, I remember a quote of Douglas Adams ‘Nothing moves faster than the speed of light, with the possible exception of bad news’ so by the time we try to spread accurate information FUD has already took place and people have already took mistaken decisions because of it.

There will always be a part who are against change. You should've learned that from growing up.
FUD will be there and haters will hate as long as they are stuck with their traditional beliefs.
There are people who are hard-headed enough to think a change must not happen to prevent people from confusing with what is new.
A belief to stay with the old ways when life is simple. But that's not how the world circulates, there will always be something new, a discovery.

What can you do about it? It's either you zip your mouth because you cannot offer knowledge about it and let others do the explaining while you also listen and maybe next time you will be the teacher or you side with them.

This forum is a lot about removing FUD and disseminating truthful information about bitcoin and crypto. Personally, along my journey, I have experienced a personal progress from being sceptical, to being interested, to being wrong and to start getting things right. As of now, the only thing I regret is that it has taken me some time to get rid of FUD as I do not like simple explanations nor believe anything until I can check it for myself.

Another problem might occur, there are those people that don't liked to be taught by anyone. They feel supreme and knows everything, as in everything even if you're more experienced than them.
Their ego and pride, they can't low it down and that's probably just a few percentage of people in this market are having that situation.

I do agree that there are people who do not care about what is going on and invest willy nilly without a care in the world then get shocked when they lose their money. There is nothing you can do to convince these people to not do something like that. They are idiots or newbies, if they are idiots then they will keep on making that type of mistake because they have no financial education and they do not want one and assume they are great because they are ignorant people, they will claim scam as soon as they lose money as well, it is common with all the idiots who lost money because market went down.

If they are newbies then they will get better and with some experience they will not be making that type of mistake again because they are now more veteran in trading.

All business has its ups and downs and I think that's what make it more stronger and longer. So does Bitcoin and every other cryptourrencies out there. China FUD keeps Bitcoin in the spotlight and strengthening it the more.

They already reserved their currency we know that someday they try to manipulate the market.so recent news the USA don't want to ban currency so china wanted to manipulate the market to buy again and again.

There is no doubt that everyone has a different level of understanding of FUD and emotional control. You may think of negative news as just FUD, but your emotions lead you to worry that most people don't agree with you. So your emotions are fighting your own understanding.

Sometimes I think when the market dumps the price, those who have sold their bitcoins are not because of the negative news effects, but rather they are worried about each other.

Yeah, FUD is being used every year to make the cryptocurrency market dump but everyone is now aware of the FUD and how it affects the crypto market. We always need information about what's happening and why it's happening so we won't panic sell because that's always the issue. We always rely on the big firms and that's one of the cause why many people dumping even it's not really worth dumping the token and face regret at the end. High fees aren't really problem, there are bunch of networks you can be used to have small transaction fees, you just need to explore the whole cryptocurrency and research how to use it.

This is the unfortunate truth that surrounds the cryptospace. With all the false information being spread across the media, the amount of people who are willing to do their research vs people who believe based on mere assumptions is just staggering. People will always cling to their bias without even exerting any effort to do research to know the truth.

In cryptocurrencies (BTC to be specific), there will always be that person who spreads fake information on social media. Unfortunately also, anything that is false in nature spreads quickly compared to something that is beneficial. Well I guess human nature is indeed full of idiocy, as @mk4 mentioned.

positive information is very important for us to spread at all times, crypto experts and all crypto currency users must together show the positive side of using crypto currencies.  in some countries, the government regulates different regulations, so we don't need to just look at one country that prohibits the use of cryptocurrencies.  so I'm pretty sure cryptocurrencies won't die just because of regulation in one country.

But in fact crypto cannot avoid FUD, because FUD itself is deliberately targeted as a form of destabilizing its holders. Not directly specific to crypto. Fud is more targeting its holders who do not know the risk of cryptocurrency price fluctuations. Any news that aims to destroy the price of crypto is from the central government which still maintains fiat as a means of payment. Hired a number of internet teams to keep up the good work on bad news. In the end, this is the most powerful tradition in shaking the trust of crypto users.

I think things will take it's natural course at the long run, even China will one day run out of fud news to spread, doing something is not a bad idea if you can, someone already said above spread good news about crypto, it is the best way to counter any fud news, the more people are enlighten about the real facts the more they will willingly support,
compare now to 3 years back, I think people are much more understanding about the crypto technology than before, same thing will happen to China fud, soon people will stop paying attention.

The problem is there is no problem to solve, FUD is just part of all markets and this has always been true and there is no reason to expect this is going to change any time soon or ever.

Those which are trading the markets are humans and not robots, so if some information that is believable appears they are going to act on it assuming it is the truth, this creates a chain reaction in the markets which gives credibility to the original source and then FUD is created, in order to solve this you will have to either have complete control of the market, something impossible to do in a decentralized market, or eliminate the emotions of the traders, which is impossible as well.

FUD does not only exist in the cryptocurrency market but all financial markets making investors to be uncertain and the price of the market. Maybe we should concentrate more on the benefit of having the cryptocurrency market to our side than looking at the disadvantages that is often seen in all financial markets.

Yes, the majority of people will see its drawbacks, and those who do not have cryptocurrency are simply spreading false information about it. I'm not sure why they do it because they don't benefit from it. We should be grateful now that we have a cryptocurrency that benefits us. As for myself, I don't see any disadvantages. Is the market volatile? It's natural because that's when we make money from it.

As much as we do not like it this is never going to change, people obtain most of their information from social media, which is why when Facebook, Whatsapp and Instagram went down yesterday I saw people that were going crazy by this, and whenever they happen to read negative information about this market they listen to it thinking that a crash is , when they are the ones that could cause the crash by selling in huge numbers for no reason at all.

Op i can as well agreed with you that that destruction starts with planning, their is every tendency that the way reschedule your plans via bitcoin both trading or investment is how you will definitely get it's result from my concept, i can say, it's well known that you are doing well in cryptocurrency sphere it's the reason while some people around the corner like to adopt your own method of been successful, the only reason we have massive adoption of people adventuring into bitcoin is because of it's testimony by people base on positive plan of someone, assuming it does not work out accordingly some person's view no body would have follow the steps of bitcoin as a currency..so i really support the motion of op that destruction starts with plans.

Because crypto is like life, there will be always problems in our life, so does cryptocurrency.
Actually, this is not a new issue. From the start of crypto creation (Bitcoin), there are some problems that must be fixed and this needed a longer time.
And the following altcoins will be also facing similar conditions.
We cannot ignore the problems. There are many FUD that are spread with certain interests and goals from certain parties.
There is also hype spreading to create certain goals.
And there are also pump and dump conditions in the market.
All of the problems may be created intentionally or not. But in fact, all problems will give a certain impact on the crypto world after that.
Just be wise and smart of any problems that are faced by the crypto world.

Very well said , true that the bad plans can affect much to destroy every crypto plans. Yes, there are someone adopt the other method of success but still not success  because they dont know the reason why this is coin is made. I think we need to research more to the coins that we want like bitcoin trading or investment. I support op too thats a real talk and a reality. We just always think positive even we are got some problem wheither its in crypto or in real world coz someday we success like others made.

Don't scare new people, let's look at the more positive side and all the benefits and advantages so far, which can help humans in terms of financial problems.

Hopefully, everything you talk about will get well soon, and Bitcoin or Cryptocurrencies will be responded to more good even though there must be certain problems or certain negative feedbacks that are like trying to weaken bitcoin and its fans. But I'm sure Cryptocurrency will last longer even though there are many issues that are not pleasant to hear from certain sources of information.

FUD can never be curbed out totally from the crypto world, it can only be reduced and that's by giving accurate and detailed information where and when necessary about crypto currency........

FUD doesn't exist in crypto alone, it's general especially in financial organization.

I personally think FUD is one of the things that make crypto currency unique, cause the fear, uncertainty and doubt will help you make proper analysis before making any investment.

So far FUD will not last long and gradually continue to alternate and the fact is that until now bitcoin still survives and even people are starting to realize how important blockchain technology is in today's modern era in every life, FUD that hit bitcoin not infrequently makes bitcoin is getting stronger, and when FUD starts to spread, of course many people start investing in bitcoin because they can buy it at a cheap price, to get big profits in investing it is not uncommon for some parties to use FUD as a way to lower the price and so they can buy it at a low price.

Investors must dare to take risks, when we invest in any type, the first thing to know is the opportunity for profit and loss, crypto is a high-risk type of investment so it is only feasible for those who have stable finances so they don't panic when they see prices drop.

The only problem in crypto is that it's either directly again against what people want (or against the current financial system where they can take their own liberties), or that the people are completely ignorant and would 100% believe info like Bitcoin is a scam since their friend got scammed by being uninformed (or an idiot). It's not really something an external party could fully fix, they could help, but without the other party themselves realizing and understanding it, then the problem would always stay there.

Try to follow the rules and regulations of cryptocurrency in the community. There are many facilitators in the community who are ready to impact anyone that is ready to known more about cryptocurrency,and not to experience negative part of cryptocurrency . The moment you disobey the rules that guide cryptocurrency, it will affect you negatively until you learn from your pass and start avoiding those things that is making you to disobey cryptocurrency rules in the community.
Once you started following those rules of cryptocurrency, it will hard for any cryptocurrency traders to experience any problem in the community.

FUD helps in attracting investors' attentions, with lots of negative news people who are not really interested in crypto will hear about it and try to find additional information. With the help of internet it serve as easy access to increase your knowledge about this industry. With open ideas, those people will begin to realize the value of blockchain and start to adopt.

Most of the time, those people are being encouraged to learn deeper to enjoy this venue of either investment or payment process.

The issue is that unlike traditional markets a great deal of the people trading the markets of cryptocurrencies are people that have no formal training as traders and do not took the time to learn more about the topic, this means that whatever information that comes out that is slightly negative affects them greatly, then the whales take advantage of this and exaggerate the news and FUD is created out of nowhere, and personally I do not see this changing any time soon.

and it can be said that they are self-taught, which in the end have to find their own strategy to be able to trade comfortably, until the ultimate goal is profit. go through a long process to be able to achieve their goals, and unfortunately many of them give up halfway. and it is this that must be learned that trading psychology cannot be underestimated

bitcoin today is different from bitcoin 10 years ago, now bitcoin has turned into something very big. of course problems cannot be eliminated from something big. FUD is a problem that cannot be separated from the bitcoin life cycle, whether it is FUD caused by a country or FUD caused by someone. but whatever FUD that overrides bitcoin will not be able to destroy bitcoin because currently bitcoin has grown into something big and has a very large community.

You also have to see it from another very important point of view, for example, to enter investors or the stock market you have to be in a broker where they ask for KYC and a considerable amount of money and this without counting that if you belong to one of the The forbidden countries then you cannot trade, while in BTC and the cryptocurrency market you can enter with very little money, I know friends who have only started with 10-20USD, and they have earned a lot, of course now the problem with KYC is something almost global, every exchange is demanding KYC unless it is not a decentralized one, but this option almost nobody sees it, for me this is one of the advantages of the crypto market.

To be frank with you, this forum is just a microcosm of the entire social media stuff. I agree that it's about the most popular crypto forum but then it isn't that big to weather FUD for the entire crypto industry. If we are going to be reporting FUD to mods (which I believe is unethical) we should also find a way of reporting FOMO. The two of them work together. We can't choose one and then drop the other because we feel it affects us negatively. Come to think of it, how do you think courageous investors increase their stash if not by buying the dip from weak hands.

While I am agreeing here the biggest issue is education about cryptocurrency because in last one decade we have some good improvement, but sadly we are unable to provide solid base for education which is very important for newbies which help them give them better understanding of this all if we are able to provide this then surely scams also going to be very less because educated peoples can handle in better way instead of non-technical peoples those are losing funds in this community.

Mostly peoples reading just few things and investing and losing very quickly. They are not going to doing some better understanding of project and checking about product and team, which is also very important for them.

I disagree here that the value of bitcoin is not decreasing at least as you know the price is around $47k and it's $53k today. How do we come to an agreement that what is supposed to be in China is affecting bitcoin price, bitcoin price is affected by demand for it and FUD information from China is not negatively impacting bitcoin.evidence is the price of BTC has increased now and there is a lot of good news about BTC,we must be glad that China now has no chance to manipulate this crypto market anymore.

There’s no way you would be able to solve a problem like that. Correct me if I’m wrong. How do you plan to go about that? Even if you are going to try to spread the accurate information and educate people with the right information, that's not going to stop others from passing the wrong information.

There are lots of news platforms out there that always wants to spread the wrong information and create fear, and sometimes people do it on purpose, especially the whales, as a way to pump and dump crypto currencies. So, you can see that your aim and the aim of others is never the same, so there’s no way you can go about solving this issue.

It will never be gone. In all of the markets, FUD are also staying. There are those whales that will do everything they can to create FUD and that's what they usually do to themselves a favor.
Yeah, too many FUD by that time and even until today, they never stop.

As someone who has been here for a very long time, the number of people who create these FUDs and spread them are getting higher in the numbers but lower in percentage. So, that means instead of having 10 people out of 100 people, we have 50 people in 1000 people, the number increased but there are way more people who support and love crypto as well, instead of 10 vs 90, we have 50 against 950.

The numbers are made up of course but you get the idea what I am talking about. This is why I honestly believe that there is a good chance bitcoin will get less and less FUD attention. Not because people are not trying to spread it as much as they can, there are still many that do, their numbers grow every day, but because we have even more people that support it and love it which is why the FUD world will get more silent every single day and will be less heard.

Except for the life cycle of bitcoin, FUD is an integral part of many investment markets when it's a combination of trust, doubt, and emotions born of information that our memory takes in each day or at times when the body is most sensitive. And instead of answering the question of why there is always a problem in crypto, we should keep in mind how we buy low and sell high, buying low requires FUD and selling high requires FUD, no problem will keep demand unchanged, no change will have no spreads and no longer an investment market

But the problem is that they never take the time to develop a coherent strategy about what they want to do in the markets, this means that when the time comes and they begin to face difficult circumstances in the market that is when they will begin to improvise, and this is a really bad idea in this market as they will have the tendency to take their decisions based on their emotions, and once that happens to a trader you know they have no chance of making money out of the markets.

Educate people and the same will help with solving the problem in the cryptocurrency. Why there is FUD, because users are initially directed in such a way. Compared to the past nowadays the market movements out of the users panic is almost nil. This happened as a result of proper understanding by the users.

Earlier people used to panic once there is continuous fluctuation, and the same is used as a chance to buy low by large whales of the market. Slowly this has changed as people learned the reality of the market and doesn't react to negative news circulated to create panic. So, education is the way to overcome majority of the problems arising with cryptocurrency.

Understanding gives more comfort to those who start investing in this business, way back to its more on relying on news. Bad ones creates fuds while good ones creates fomos, but everything is different now, investors see good opportunities and big potentials, they are not being affected of any news after setting their targets, more investors are positively thinking on maximizing their profits and now willing to hold for longer time frame.