Quote from: Wawa2013 on December 11, 2021, 09:06:33 AM

Quote from: Anonylz on December 11, 2021, 08:03:35 AM

Quote from: kentrolla on December 10, 2021, 10:13:23 PM

I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k, it's creating panic and sense of fear amongst the inexperienced users which may lead to panic selling. I would urge all to make as much educational post on Bitcoin as possible to keep the newbies and other users away from fuds and also to make them understand that Bitcoin is a technology and not a gambling where they can double their money anytime. It's decentralised and fluctuations will always be there and we need to adopt to it instead of cashing out by losing out on capital investment.

Some people just feel good by spreading fud when it's not even necessary and they probably have a very limited idea of what is happening, unfortunately it is always the inexperienced and the vulnerable that will react to such cheap fud,
I will urge investors, new or old to learn to do their own reading about the current situation in the world in general, read about the progress btc has made so far and compare to previous situations, besides, dips are part of the market, it doesn't stay down forever.

Of course there will always be those who hate Bitcoin, because we can't possibly get everyone in the world to support Bitcoin. Therefore the Bitcoin
haters will usually spread FUD about Bitcoin, with the intention of wanting to stop the development of Bitcoin. But we all know that almost every year
there are FUDs popping up, but the fact that how many FUDs are circulating can't stop Bitcoin. Because many Bitcoin investors are getting smarter
and not affected by the circulating FUD. Therefore Bitcoin continues to grow rapidly, although there are lots of FUDs in circulation. Maybe only newbies
and some inexperienced people are affected, therefore usually the effect of FUD is not long.

FUD ^{Fear, Uncertainty and Doubt} is not just spread by Bitcoin haters, it is also
spread by FUDsters, people who are only targeting "weak hands" and weak hands
are the people who buy when the market is moving up or who buy at the top - $69,000,
and who only see the present and cannot look past the current market value of ~ $48,000.

They are easy targets and the FUDsters prey on them, and try to make them sell ^{at the most inopportune time.}