What does "FUD" stand for? - Crypto in Plain English - Episode 243 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it2 Sep 2022

What does "FUD" stand for? - Crypto in Plain English - Episode 243 - by cryptohunt.it

Welcome to the Cryptohunt Jam, where we spend one minute a day to explain crypto. In plain English. My name is Christian Byza, Co-Founder of Cryptohunt.it and I am your host of this daily show.

"FUD" a term you'll often find used by crypto people on social media, is an abbreviation of "Fear, Uncertainty, and Doubt".

It would be easy to think that this is meant to be a good thing - after all you'll want to be careful in a market so full of speculators and scammers.

But it is used as a negative call out by crypto people talking down to those who sold because they got what others consider cold feet.

Why? It helps to understand the general sentiment in crypto. As the market is largely driven by speculation, it only grows on the believe of people that it will grow more. That's why the community has developed elaborate ways to put peer pressure on those who disagree and get out. "FUD" is one of those.

We say: Who cares what other people say, especially if they have ulterior motives. Make up your own mind, gather your own knowledge. For an unbiased view on crypto, check us out at cryptohunt.it - we'll never talk down to you, promised!

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

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