FUD - from the English "Fear, Uncertainty and Doubt", translated as "Fear, Uncertainty, Doubt". This is a concept from the psychology of manipulation, a special tactic of influencing a person through negative emotions.
Cryptans call fad a specially created info panic around the reputation of a certain cryptocurrency. Rumors or unconfirmed news about a particular coin are dispersed, aimed at creating panic among traders, users, and so on. Why?
It's simple - most of the fads are given with the aim of buying some shitcoin or buying a certain coin below the market. Who benefits from this?
It is beneficial to major market players and those who understand it. Among the recent examples are the dump of Terra Luna, FTT, or the dump of SOMN token a couple of days ago, just so that the big players could get out of the coin - this is a good example of fudge. Just think about it, well, it happened that you hear some news and you want to immediately go and buy/sell some crypto 🤔
🔷How not to succumb to such manipulations?
Do not take the word of random dudes on Twitter, discord, telegram channels or telegram chats. Check any information that comes into your hands on official sources. And NEVER rush to sell or buy on someone's advice!!! You must have your own head on your shoulders and your own strategy of behavior in the market! If you agree with me, put any reaction!
