Fear, uncertainty, and doubt (often shortened to FUD) is a propaganda tactic used in sales, marketing, public relations, politics, polling and cults. FUD is generally a strategy to influence perception by disseminating negative and dubious or false information and a manifestation of the appeal to fear. 💣
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FUD is also commonly used in the cryptocurrency community as a short way to describe negative information about a blockchain based currency or asset. FUD can cause the price of a crypto to drop, not based on fundamentals or charts, but on bad news that spreads around social media. 📉
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Many times the bad news isn’t substantiated or grounded in reality, and instead ends up being something silly. In a FUD scenario like the one we are living right now if you have faith in your work you should not be conditioned by media. Instead maybe take the opportunity to buy the dip in your high-trusted coins or stocks. 🧠
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