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Author Topic: Alert: Get ready to deal with FUDS about Bitcoin  (Read 758 times)
exstasie
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January 23, 2021, 05:58:02 AM
 #21

I read a press release by a listed company that sold it's BTC treasury holding due to 'the new bug'  Roll Eyes

This company trades on a stock exchange - run by morons who obviously haven't got a clue

All about the 'double spend' FUD!

They obviously bought in without understanding Bitcoin. Typical weak hands, just like newbie retail investors.

Weak hands selling.....
NexTech Sells Its Treasury Bitcoin Holdings and Books a Profit

Strong hands buying.....
MicroStrategy Buys the Dip, Adds $10M to Bitcoin Treasury

Just markets being markets. Cool

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traderethereum
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January 23, 2021, 09:30:30 AM
 #22

Everyone, please don't panic sell by losing your capital as this forum will be flooded with FUDS since the value of Bitcoin has dropped to $30k which will lead so many people to post negative article against bitcoin which we have come across in the past. Just ensure don't cashout in hurry and rather do a proper analysis to avoid any possible loss as it's bit difficult to control emotions when we see numerous negative posts predicting a downfall.
After seeing the bitcoin price is at the downtrend, the bitcoin price shows the power again and it proves that today, bitcoin price can increase back and touch $32k.
We might see another rally in the next week as this day, the price getting strong to increase.
Hopefully, the next week will be a good time for bitcoin to break $35k and increase to $40k.
But that is only my prediction, and I suggest we prepare by buying more bitcoin before the price increase.
I hope we can back to make a profit again as before, and we will have the opportunity to make big money from bitcoin.

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January 23, 2021, 10:04:19 AM
 #23

Everyone, please don't panic sell by losing your capital as this forum will be flooded with FUDS since the value of Bitcoin has dropped to $30k which will lead so many people to post negative article against bitcoin which we have come across in the past. Just ensure don't cashout in hurry and rather do a proper analysis to avoid any possible loss as it's bit difficult to control emotions when we see numerous negative posts predicting a downfall.
After seeing the bitcoin price is at the downtrend, the bitcoin price shows the power again and it proves that today, bitcoin price can increase back and touch $32k.
We might see another rally in the next week as this day, the price getting strong to increase.
Hopefully, the next week will be a good time for bitcoin to break $35k and increase to $40k.
But that is only my prediction, and I suggest we prepare by buying more bitcoin before the price increase.
I hope we can back to make a profit again as before, and we will have the opportunity to make big money from bitcoin.

Yes, we have recovered already, the news about this so called double spending was the main reason why the price did go to $28k bounce back to $30k and then we are now recovering to $32k-$33k because the fake news was just like that, not real. We don't know what is the intentions of Bitmex and other crypto related media to report this one.

Definitely, we are going to come back again and I'm seeing that February will be very good, as we might touch $40k again.

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Jating
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January 23, 2021, 12:52:50 PM
 #24

Everyone, please don't panic sell by losing your capital as this forum will be flooded with FUDS since the value of Bitcoin has dropped to $30k which will lead so many people to post negative article against bitcoin which we have come across in the past. Just ensure don't cashout in hurry and rather do a proper analysis to avoid any possible loss as it's bit difficult to control emotions when we see numerous negative posts predicting a downfall.
We cannot stop individual from selling their coins if they want to,and besides selling is part of the market I don't believe people will dump their Bitcoin at a loss just because of FUDS it's already ten years we all know that FUDS don't work anymore, and people who created FUDS cannot sustain it, I just let them FUDS because it will not harm the market anymore, investors have matured to still believe, if there are still people believing, it's there loss.

I wouldn't say that FUD doesn't work anymore, on the contrary this is a tactic very well known in other markets outside of crypto, even in politics. This kind of disinformation are going to exists whether we like it or not and there are investors that are going to be influence by it.

Yes, those who are swayed to sell their bitcoin because of this questionable information will have to learn it the hard way, it's a blunder that will teach them. And on the bright note, bitcoin price seems to be on the move and have overcome the FUD already.
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January 23, 2021, 10:27:20 PM
 #25

We cannot stop individual from selling their coins if they want to,and besides selling is part of the market I don't believe people will dump their Bitcoin at a loss just because of FUDS it's already ten years we all know that FUDS don't work anymore, and people who created FUDS cannot sustain it, I just let them FUDS because it will not harm the market anymore, investors have matured to still believe, if there are still people believing, it's there loss.

If we take into account the presence of margin trading (and its wide distribution), then I would say that FUD works. You must agree that the fear of losing everything when the price moves 20-25 percent in a bad direction for the trader makes him close the position even at an unfavorable price.

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January 24, 2021, 03:56:32 AM
 #26

Personally, I am not concerned about the decline of Bitcoin, on the contrary, I see it as a suitable opportunity to buy, selling panic always causes loss, so the trader must work very carefully during this period and know how to manage risks, otherwise he will lose a large part of his money.
I think the main reason for this fear is the new US administration and the decisions it can make regarding Bitcoin and cryptocurrencies, but for me, I am optimistic about the future of Bitcoin and I think there is no need to fear.
We have the same mindset, I do want the prices to go lower too, although I am hodling some considerable amount in my country's standard, I think that it will be best for individual hodlers that the prices will go low, we already know that the prices will just go up again any time soon but an opportunity to buy is not something that happens everyday. I don't think that US putting in their shoes in to put new regulations is something that we should worry about because other countries might follow the footsteps.
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January 24, 2021, 04:31:04 AM
 #27

Everyone, please don't panic sell by losing your capital as this forum will be flooded with FUDS since the value of Bitcoin has dropped to $30k which will lead so many people to post negative article against bitcoin which we have come across in the past. Just ensure don't cashout in hurry and rather do a proper analysis to avoid any possible loss as it's bit difficult to control emotions when we see numerous negative posts predicting a downfall.

Nothing new with this issue. We're dealing FUDS and FOMOs like every single day. And don't hold them weakhands if they wanna sell and panic, that's just a natural reaction from a "get rich real quick" mind setting. Besides, It's not really bad If Btc falls below $30,000 or $20,000 or even If it means it would go as low as $10,000 because that simply means another opportunity to buy back or accumulate more.
Bitcoin has been criticized a thousand times before, so there's nothing to worry about bad articles talking about negative feedback about the crash.

R


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January 24, 2021, 10:17:52 AM
 #28

Unfortunately bitcoin has dealt with FUDS all course of its existence, there were people who called bitcoin a bubble while it was going towards 41k as well, we are talking about like a 8x increase in a year and yet for some reason people talked about how it was a bubble. The bottom of this year was around 3.8k or so if I am not wrong, I know it was under 4k but not sure about how much, let's assume that the bottom was 4k, we know the peak was 41k as well but let's say it was 40k, that is 10x increase in a single year.

What else can give you 10x return in a year? Yet for some reason some people did FUD for sooo long even while we were going up 10x as well. In any case, bitcoin may fall, that is normal, things that go up eventually go down and that is fine, we are just looking for something much simpler these days which is long term projection of bitcoin, doesn't matter if it falls today or not, that is understandable.

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January 24, 2021, 12:56:59 PM
 #29

Unfortunately bitcoin has dealt with FUDS all course of its existence, there were people who called bitcoin a bubble while it was going towards 41k as well, we are talking about like a 8x increase in a year and yet for some reason people talked about how it was a bubble. The bottom of this year was around 3.8k or so if I am not wrong, I know it was under 4k but not sure about how much, let's assume that the bottom was 4k, we know the peak was 41k as well but let's say it was 40k, that is 10x increase in a single year.

What else can give you 10x return in a year? Yet for some reason some people did FUD for sooo long even while we were going up 10x as well. In any case, bitcoin may fall, that is normal, things that go up eventually go down and that is fine, we are just looking for something much simpler these days which is long term projection of bitcoin, doesn't matter if it falls today or not, that is understandable.

For people who are used to making a profit only after 5-10 years, bitcoin really looks like a bubble for them. They have never encountered such assets. Perhaps they are jealous and perhaps they are angry.

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January 24, 2021, 01:21:38 PM
 #30

the amount of money that is pouring into bitcoin is just phenomenal. and yet the price is being kept down by a tremendous force and a lot of FUD. it doesn't matter how many times it happens or how much we warn the newbies, in the end they believe the FUD more than they believe everyone else and end up panic selling.
good for those who have taken this chance to fill their wallets. we can already see many fat wallets become even fatter.

There is a FOMO brewing...
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January 24, 2021, 11:31:41 PM
 #31

the amount of money that is pouring into bitcoin is just phenomenal. and yet the price is being kept down by a tremendous force and a lot of FUD. it doesn't matter how many times it happens or how much we warn the newbies, in the end they believe the FUD more than they believe everyone else and end up panic selling.
good for those who have taken this chance to fill their wallets. we can already see many fat wallets become even fatter.
Those noobs will eventually learn up into their mistakes and if they do already have some sufficient experience on how this market moves nor behaves then they wont really be easily
get affected with those FUDS or shills that will happen along the way.

For those who had been on this market for a while now are really considered to be experienced and able to see all the events that do happen and with that you would
able to know on what you should gonna do.

Don't panic sell but there are some panic selling calls which do really save up your ass on holding for several years just like on what happened in
past dumps ex. ATH and crashed to 3k price.

R


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January 25, 2021, 05:48:31 AM
 #32

We're dealing FUDS and FOMOs like every single day. And don't hold them weakhands if they wanna sell and panic, that's just a natural reaction from a "get rich real quick" mind setting. Besides, It's not really bad If Btc falls below $30,000 or $20,000 or even If it means it would go as low as $10,000 because that simply means another opportunity to buy back or accumulate more.
Bitcoin has been criticized a thousand times before, so there's nothing to worry about bad articles talking about negative feedback about the crash.
What you have dealt with every single day will not be the same as whats about to happen. As someone who has been here during the fall of 2014 (dropped from 1400 to 150 levels) and also 2018 fall (dropped from 20k to under 4k) I can safely say that FUD increases 10 times more.

You are about to see 2-3 new topics everyday about how bitcoin is going down, and you are going to have topics with 10+ pages of messages talking about how low it will become, will it go under 20k? Will it go under 19k? Will it go under 18k? And all the way to 3k as well, there will be talks about bitcoin going under every 1k price until it reaches the bottom. After it reaches the bottom and stops going down, there will still be a FUD disguised as "double bottom?" and people will talk about it. It becomes suffocating to stay here during those bear moments honestly but if you pull through you make a profit.

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January 25, 2021, 12:46:58 PM
 #33

Not that I'm complaining, but you have to say, the FUD is really, really disappointing this time around. A few wild stabs in the media about Bitcoiners losing hope in this crash. Some pathetic double spend fearmongering fake news.

I even managed to see an article talking about Craig Wright once and for all making Bitcoin great again.

So much clutching at straws, I'm really, really let down. I'm used to seeing much better FUDding out there!

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January 25, 2021, 01:26:33 PM
 #34

Everyone, please don't panic sell by losing your capital as this forum will be flooded with FUDS since the value of Bitcoin has dropped to $30k which will lead so many people to post negative article against bitcoin which we have come across in the past. Just ensure don't cashout in hurry and rather do a proper analysis to avoid any possible loss as it's bit difficult to control emotions when we see numerous negative posts predicting a downfall.
I'm actually immune to this thing. Normally we heard bullish speculations and new when the market pumping but later on, the wind changes, FUD's rise as people will see declines, dumping events.
And those weak hands will surely be in a panic already, selling their crypto to lose. Well, I don't think these people will have time to spend doing the analysis but for sure, they are busy dealing it to sell.

maybe, if we are not really in need of money and we saw that we are at a loss right now, better make hold as it bounces back again in the future.



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January 25, 2021, 01:53:24 PM
 #35

~snip~.
What you have dealt with every single day will not be the same as whats about to happen. As someone who has been here during the fall of 2014 (dropped from 1400 to 150 levels) and also 2018 fall (dropped from 20k to under 4k) I can safely say that FUD increases 10 times more.

You are about to see 2-3 new topics everyday about how bitcoin is going down, and you are going to have topics with 10+ pages of messages talking about how low it will become, will it go under 20k? Will it go under 19k? Will it go under 18k? And all the way to 3k as well, there will be talks about bitcoin going under every 1k price until it reaches the bottom. After it reaches the bottom and stops going down, there will still be a FUD disguised as "double bottom?" and people will talk about it. It becomes suffocating to stay here during those bear moments honestly but if you pull through you make a profit.

Well, that could mean more and more new investors are coming in to the crypto market, because these newly invested people will have always concerns and fears about how Bitcoin's price was moving, thus posting their frustrations right here somehow eases their worried mind. Compared to the old and established members in this community who isn't even worried about whether Btc falls below a certain amount of xx usd. Though that could be so annoying to read sometimes to the point that their posts becomes a spam, but that's a human nature, I can't blame them.

R


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January 25, 2021, 02:21:27 PM
 #36

For old timers FUDS are useless for newcomers in investing it's something that will make them depressed, after ten years we have seen the best and worse and Bitcoin always come out the best, on whatever FUDS they create against Bitcoin and the market, newbies should learn from old timers on how they react.

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January 25, 2021, 02:43:05 PM
 #37

FUD is not new, we have seen this many times, FUD usually happen after the hype so it's already expected.
Selling because of FUD is a bad idea because that means you panic, and when you panic that means you lack knowledge on the market behavior.

Dump the price and I'll be willing to fill my wallet while other people panic.

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January 25, 2021, 04:43:38 PM
 #38

Those noobs will eventually learn up into their mistakes and if they do already have some sufficient experience on how this market moves nor behaves then they wont really be easily
get affected with those FUDS or shills that will happen along the way.

For those who had been on this market for a while now are really considered to be experienced and able to see all the events that do happen and with that you would
able to know on what you should gonna do.

Don't panic sell but there are some panic selling calls which do really save up your ass on holding for several years just like on what happened in
past dumps ex. ATH and crashed to 3k price.
The reality is that we are in a market where new people come everyday, bitcoin moved so high that it created some hype even in the mainstream media. Even on finance programs on tv channels you would see people who are related to crypto, like CEO of some crypto company or a project or whatever and they would come out and talk about how they are so hyped about whats going on which created waves. Obviously that is just TV, we are talking about huge amount of spread on online world and social medias and so forth as well. Which means at the end of the day more and more people came into crypto.

However the bad side of this was the fact that those newbies didn't know what to do, they wanted to make the same type of x5 returns or so, and since bitcoin was already high they lost their money in a million different ways, which is why I think it is very scary situation for newbies who do not know what to do.
CashbackLover
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January 26, 2021, 01:01:24 PM
 #39

Everyone, please don't panic sell by losing your capital as this forum will be flooded with FUDS since the value of Bitcoin has dropped to $30k which will lead so many people to post negative article against bitcoin which we have come across in the past. Just ensure don't cashout in hurry and rather do a proper analysis to avoid any possible loss as it's bit difficult to control emotions when we see numerous negative posts predicting a downfall.
They are welcome to spread any FUD they want, bitcoin have died many times before and the last on was in the beginning of pandemic in March 2020, this won't work on someone like me but newbies who don't understand how or what bitcoin is capable of

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January 26, 2021, 05:57:45 PM
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Everyone, please don't panic sell by losing your capital as this forum will be flooded with FUDS since the value of Bitcoin has dropped to $30k which will lead so many people to post negative article against bitcoin which we have come across in the past. Just ensure don't cashout in hurry and rather do a proper analysis to avoid any possible loss as it's bit difficult to control emotions when we see numerous negative posts predicting a downfall.
We are dealing in the cryptomarket where prices fluctuates every second and there are whales and people present in the market which always tries to create fomo and FUD which in turn leads to panic selling in the market as new investors got sentimental and sell their Bitcoins with the flow of the market dumps and loose money and faith in market but they need to understand that btc always keep on rising without any hinderance of such FUD's because they can shift momentum towards them for a little period and gain short term profit but investors and crypto enthusiast who knows its true power will hodl until the prices reach substantial levels say of $50k this year end.Still the prices have managed to bump back with greyscale investment and reaching $40k mark once again so what else proof you need to understand its power.Stay positive and away from such fake hypes in market trying to create FUD for their profit.So be part of market for long run if you want huge profit.

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