Ask Leo : has FUD played a role in the decision making of some some novice investors in cryptocurrency ?
source
As we all know what FUD could lead some one to in this past week we have experience a little change in the crypto chart šš and for those that invested in dollars I think it was a situation cool time for them and this is where fomo comes in for the newbies in cryptocurrency
What is FUD ?
This is a situation where by investors is not too sure of what the situation of the crypto market could be
And also FUD is not only apply to the crypto environment alone but to every life endeavors
A situation of fear uncertainty and doubt
Some cryptocurrency investors has lost a huge amount of cryptocurrency fund into this kind of situation and many newbies have also been a victim of FUD
This week we have seen a little increase in the crypto chart which has leed some to think we are out of the bearish market and think it is time to sell the HODL
Now might not be the right time to sell
Remember cryptocurrency is a long term investment and we always have a lot of situation that will come around before the bull š market finally arrived
Situation to take note of ### before the bull market arrives
1.FUD
2.FOMO
3.TIME
4.HODL
5.BTFD
Take note of this important s items in cryptocurrency and one must be familiar with them in other not to make a big mistake while trading or investing
Thanks for visiting my blog @tobywalter cares ššššššššššššššššššššš
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