FUD (FEAR, UNCERTAINTY AND DESPAIR ), Does it affect your trading style?

[richan]

The acronym FUD stands for ‘Fear, Uncertainty and Despair’. In cryptocurrency it is generally used to refer to negative talk about a coin which is inaccurate or misleading, often posted in forums and through social media. This kind of FUD may be the result of a genuine fear response among the holders of a coin whose value is crashing, or it may be deliberately spread in order to suppress the price . Do you allow FUD to affect your judgement about trading?

[Gogochen]

When I was a newbie, I was influenced by FUD.
But as an old hand, I am more likely to recommend long-term ownership.

[jlanzago]

No, I don't. Because I don't trade, don't make investment decisions based in what other people think but based on my own research, and only if I believe the project has strong fundamentals. When in doubt I do ask questions, I tend to clear that FUD before making any decision. I think all people should do the same and not just react because then it is easy to manipulate the market and the sentiment of the people.