Post
Topic
Board Nigeria (Naija)
Re: The FUD of Bitcoin.
by
Marvelockg
on 24/08/2024, 16:25:29 UTC

So putting all this in mind FUD can be caused by all this, and it's very important to keep ourselves updated through researches to avoid any form on FUD when it comes to investing and staking coins.
with how far we've seen Bitcoin come and considering that it has experienced volatility in different forms, FUD about Bitcoin shouldn't bother one at all. If you're investing in Bitcoin and have a portfolio that comprises of different altcoins, then it's possible to experience some level of fear with those altcoins since most of them don't quite do well in the long run but if you're strict on Bitcoin investments, you can comfortably become calm knowing that as it stands the most likely worse thing that can happen to Bitcoin will be that it will experience some correction of which it's proven to bounce back after those correction.

The government has set out a lot of regulatory framework that was supposed to affect Bitcoin negatively but such didn't stand the test of time In the long run, the naive and newbies that are just new to investing in Bitcoin and that haven't done some basic research to know that the decentralized nature of Bitcoin makes it almost impossible for the regulatory decision of the government to have effect on what becomes of Bitcoin. Staying updated on a forum like this and getting the needed advice and guidance from experience investors will go a long in guiding one when fear uncertainty and doubt sets in.