Seems like this thread has been on constant hit by
FUDnados.
To all URO holders and potential URO Investors, I recommend on reading this article:
http://altcoinherald.com/fudnado-hits-altcoin/The main reason that an altcoin price generally refuses to go straight to the moon is because of weak hands.
Weak hands are the cowardly holders of cryptocoins who will dump at any sign of trouble.
Whales need these weak hands out of the game in order to push a coin price to all time highs.
What’s a poor whale to do when they wish to eliminate weak hands prior to a run-up?
They do the same thing the strong always do to the weak. They bully and harass them until they get their way.
Weak Hands Flee When The FUDnado Hits
If the price is higher than expected and there are lots of seemingly optimistic holders they unleash their secret weapon.
What is this secret weapon I speak of? It’s a weapon so strong that it can shake an altcoin to its very core, causing near-suicide among holders and sending the price downward in a manner that looks very similar to falling off a cliff.
I’m speaking – of course – about the FUDnado!
If you’ve been around crypto trading for any period of time you’re familiar with Fear, Uncertainty, and Doubt (FUD).
FUDNados Are Relentless And Coordinated FUD Attacks Which Chase Away The Weak Hands
FUD is designed to put fear into the hearts of the non-believers. It keeps new money from investing which suppresses the volume and price. It also causes capital flight from the afflicted coin, which can result in rapid price depreciation.
When the price hits a point that the Pod Of Whales deems acceptable, they buy in! At that juncture the FUDnado dissipates (almost as if destroyed by a makeshift explosive device.)
Naturally some FUD is actually true. There are times when warnings to other are done from the heart, in order to prevent losses by newbies. There are also times when the FUD is an invention or a distortion of existing facts to serve the needs of the FUDsters. In the case of a FUDnado, the wisdom of purchasing the coin will be attacked from multiple channels in increasingly relentless waves.
FUD is much like negative political campaigning. It’s a part of the Whale’s arsenal because it works.
Many altcoin holders literally are weak hands. They may have bought in early or mined a batch for themselves. They’re not sold on the long-term prospects of the coin. Having been burnt to a crisp numerous times before they aren’t not in the habit of holding coins for long. Instead they dump as rapidly as they can at the first sign of trouble to avoid meeting a bitter end.
The Whales know this and they plan their attacks accordingly. If they can convince weak hands they’re fools for hanging on and that the price will only go lower, they will dump – right into the hands of the Whales and stronger hands.
A FUDNado is tough to overcome because the FUD will flood all channels. There will be FUDsters everywhere you turn, even in the most unexpected places. Twitter, BitCoinTalk, and Troll Boxes will suddenly be alive with a nearly non-stop stream of negative sentiments. Weak hands are human. They will become depressed about their decision to buy and they will trade out of there as if they saw a ghost.
Decide Whether The Information Is Real And Assess The Impact Before Exiting The Trade
When a FUDnado hits an altcoin you’re in, its imperative to do some research before dumping. If you react emotionally and dump your coins without further thought you’re playing a game that you’re meant to lose. If you get in the unfortunate habit of doing this too often you’ll end up losing so much you’ll give up on crypto trading altogether.
Check with multiple sources to find out what’s actually going on. Weigh all the evidence and then set your trade accordingly. When you sell there will be a buyer. Ask yourself why that buyer is getting in when you’re getting out.
Examine the history of those doing the FUD. Do they stand to gain from a dump? If it’s followed by a pump they certainly do. If they’re recognizable for being pumpers you need to take their advice with a grain of salt.
The FUDnado is very effective these days. It’s almost an unstoppable weapon. Weak hands are involved in all coins and they give up quick if they smell trouble. Learning how to differentiate real negatives from minor ones can make the difference between being a losing trader or a winning one.
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