After reading several topics about how bitcoin is going down and how people are getting out it just crossed trough my mind that FUD has started to shake weak hands(again) and that in next few days bitcoin really might start going up.
Anyone share the same opinion?
FUD is like a shadow, it won't simply go away and will always follow us. Good that you notice that this is how the forum works in cyclical, bitcoin goes down, a lot of newbie account or even old accounts wakes up and spread FUD around the forum. But when bitcoin suddenly goes up, the exited, just lurk in the background and comes out with bitcoin is going down again.
I believed that most of them are paid schills, to spread FUD and strike fear amongst the newbies to make a sell so that they can buy bitcoin at a lower price. Its very fraudulent practice but the only way to at least prevent this is not to listen and totally ignore them.
2 days after bitcoin is going up.
I had really good hunch about this fud and price is increasing.
We can't fight FUD, you are right it will always be here, but it is important not to follow it but to learn to read it.