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Author Topic: Why is There Problem In the Crypto-currency?  (Read 364 times)
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October 04, 2021, 06:49:03 PM
 #41

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.

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October 04, 2021, 07:10:27 PM
 #42

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?



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.
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October 04, 2021, 08:05:59 PM
 #43

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.
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.

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October 05, 2021, 03:08:09 AM
 #44

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.
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.
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October 05, 2021, 03:32:15 PM
 #45

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.

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.
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.
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October 05, 2021, 11:04:27 PM
 #46

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.


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October 05, 2021, 11:34:47 PM
 #47

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.

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October 05, 2021, 11:38:37 PM
 #48

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.
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.

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October 06, 2021, 03:28:46 AM
 #49

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.
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October 06, 2021, 12:23:54 PM
 #50

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.

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October 06, 2021, 12:50:15 PM
 #51

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.

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October 06, 2021, 02:05:22 PM
 #52

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.
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October 06, 2021, 03:38:54 PM
 #53

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.

 
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October 06, 2021, 04:15:35 PM
 #54

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.

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October 06, 2021, 04:34:27 PM
 #55

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.

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.

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October 08, 2021, 02:09:50 PM
 #56

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.
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.
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October 08, 2021, 02:19:10 PM
 #57

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.
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

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October 08, 2021, 03:50:35 PM
 #58

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.

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October 09, 2021, 03:56:12 AM
 #59

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.
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

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.

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October 09, 2021, 05:01:03 AM
 #60

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.
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.

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