The act of spreading doubtful or incorrect information about a business, startup, or crypto project is referred to as “fear, uncertainty, and doubt.” When unfavorable news is released or the market is in a robust bearish slump, it spreads negative attitudes among traders and investors.
The original definition of FUD refers to a deceptive marketing technique that involves disseminating negative information about a company’s competitors in order to damage its credibility.
It encourages negative thoughts and conjectures about competing businesses’ products or services, causing customers to lose trust in them.
Fudsters are people who distribute false information. Investors should avoid FUDsters and unfounded FUD because they may cause selloffs and a drop in coin value.
Various peak FUD moments include the Chinese government’s decision to restrict crypto mining and trade and some US regulators’ increased examination of blockchain assets.
