What is FUD and How Does It Affect the Crypto Market?

cryptocurrency!

If you’re reading this section, chances are that you know a thing or two about <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/how-to-invest-in-crypto/">how to start investing in crypto</a>, or it’s at least a topic that interests you, and you’re beginning to look into it. Whatever the case might be, one thing’s for sure - as the crypto market evolves, there are more and more people who are developing an interest in investing in crypto.\nThat’s awesome! However, I probably don’t need to tell you that it’s something that comes with some specific risks, as well - it’s not all just sunshine and rainbows, mind you! Before you start investing your hard-earned money into crypto, it’s crucial to understand risk management.\nIn this section, we’re going to talk about what are the risks of investing in cryptocurrency. To start off, we’ll discuss those risks, to begin with, and after that, we’ll talk about how you can both manage and avoid them, as well as improve your investing strategies, in general!\nLet’s get to it!\n<h2>What are the Risks Associated With Investing in Crypto?</h2>\nNow, then - to begin, I’ll assume that you’re already quite savvy when it comes to the “standard” crypto concepts, such as <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/what-is-a-crypto-wallet/">crypto wallets</a>, <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/how-do-cryptocurrency-exchanges-work/">exchange platforms</a>, <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/blockchain-transaction/">how cryptocurrency transactions work</a>, and so on.\nIf that’s not the case, before moving further, check out the previous sections in this Crypto 101 Handbook - there are sections dedicated to all of these topics!\nSo, the very first big question is rather self-evident - what are the risks associated with investing in crypto? Well, believe it or not, there are actually quite a few, really! The thing that makes this topic complicated, and void of a single, straightforward answer is that “crypto” is a rather broad term - do you want to invest in specific cryptocurrencies? Maybe you’re looking to buy <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-non-fungible-token-nft/">NFTs? Or, you’re interested in using a <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/crypto-terms/what-are-decentralized-applications-dapps/">dApp?

$\"Investing$ rug pull</a> in the making.\nThis is something that is especially relevant during a <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-bull-market/">bull market</a> - a period of time when the whole industry is experiencing huge growth, and many people are throwing their money into any and all projects that they come across. Bull runs are when a lot of malicious players come into the market, create scam projects, hype them up, and then run away with the investors’ money, at some point.\nMoving on, when discussing the most common mistakes that crypto investors make, it’s crucial to mention the platform (or, exchange) that you’ll be using. Put simply, while most of the focus usually lies on diversifying your portfolio and screening out any potential scams, it shouldn’t be forgotten that picking a <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/best-cryptocurrency-exchange/">reliable and trustworthy investing platform</a> is definitely part of the deal, too!\nIn order to see just how important this is, all that you need to do is take a good look at the news cycle in the crypto space - it seems that, every other day or so, there’s a new breach in some platform’s security, or a new bankruptcy on the horizon. This has especially been exacerbated after the whole <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/news/sam-bankman-frieds-ftx-files-for-chapter-11-bankruptcy/">FTX exchange debacle</a>.\n<h2>Dealing With Cryptocurrency Investing Risks</h2>\nSo - those are some of the more common risks associated with investing in crypto. Of course, as I’ve mentioned earlier, there are many more potential risks out there - however, if you learn to deal with and manage the “main”, big risks, this should improve your investing journey, significantly!\nSpeaking of which, as promised, I won’t leave you in the dark - now that you know what are the risks of investing in cryptocurrency, let’s discuss how to deal with these risks. Note that none of this is going to be financial advice - just some tips that I’ve gathered throughout the years. Make sure to always consult with a qualified professional before any and all investing-related ventures!\nNow, first and foremost, when it comes to “not investing more than you’re willing to lose”, the solution is simple - assuming that you have a stable monthly income, you should create a set budget every single month, of just how much you can put into your crypto investment portfolio, without it impacting your life.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"Investing in cryptocurrency: \" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/investing-in-cryptocurrency-03.jpg/" alt=\"Investing in cryptocurrency: \" width=\"1000\" height=\"578\" />\nA good way to look at it is by thinking - what if this amount of money simply disappears? Will it impact me in any way? Will it hinder my quality of life? If the answer is “yes”, you’re probably overinvested.\nThe question of portfolio diversification is closely related to this topic, as well. Most experts will tell you that it’s never a good idea to invest into a single asset, whether it’s a cryptocurrency, a stock, or anything else. Instead, it’s important to do some in-depth research, find a few different projects that have potential, and diversify your investment among them.\nTruthfully, investing in different asset classes is often an even better idea - however, this is something that falls far beyond the scope of this section.\nMoving on, we have the difficult question - how to avoid crypto scams, and choose a reliable project to invest in? Well, as you can probably guess, there’s only one answer - research, research, and more research. If you’re going to learn how to start investing in cryptocurrency, you’re going to be doing A LOT of that.\nI’m not kidding, mind you! There really is no way around it - whether it’s the middle of a bull run, or a deep Crypto Winter, before committing any of your money towards some sort of a project, you need to perform an extensive amount of research.\nIf you’re not sure where to start, I've written a <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto/">section about rug pulls</a> (how to spot and avoid them), how to do research, and how to vet different projects and project types. Check it out - perhaps that’s exactly what you need to kickstart your crypto investment journey?\nOutlining a few of the bigger aspects here, you should always perform a background check on the founders and the team behind a project, read through the whitepaper and roadmap, check out the community, and look into whether the project has any notable names standing behind it, in the form of venture capital investments.\nIf all of these aspects are in-check, it’s a good green flag to start off with - you can then look into some of the more detailed aspects concerning the project.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"Investing in cryptocurrency: The investment platform of choice.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/investing-in-cryptocurrency-04.jpg/" alt=\"Investing in cryptocurrency: The investment platform of choice.\" width=\"1000\" height=\"558\" />\nLast but not least, the investment platform of choice. Obviously, nowadays, there are countless numbers of different crypto exchanges and brokerage platforms out there, all offering their clients a wide array of benefits and features. This makes it very easy to get lost and confused, and end up picking a platform with a less-than-stellar reputation.\nIn order to avoid this confusion, you should spend just as much time vetting out your exchange of choice, as you’ve spent researching the cryptocurrencies that you’ve decided to invest in. Check the reputation of the platform, its security measures, history of break-ins, whether or not it has some sort of insurance on deposited assets, as well as the fees that it will charge you.\nDifferent additional features are cool and all, but security and fees should always be at the forefront of your research. If any of these two aspects are lacking, you could end up losing all of your assets, or paying a huge amount of money every single time that you perform a trade or crypto acquisition on the exchange.\n<h2>Wrapping Up</h2>\nSo, then - those were some of the most common risks associated with investing in cryptocurrencies, as well as my personal tips on how to deal with each one of them. One thing that I do want to add is that these risks (as well as tips) are going to be applicable to most types of crypto investments that you might think of - whether it be crypto <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/coin-vs-token/">coins & tokens</a>, <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/what-are-nfts/">NFTs, <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/what-are-dapps-in-crypto/">dApps, or anything in between.\nTo sum all of it up, let me just reiterate - the best ways to manage your cryptocurrency investing risks is to set an investment budget, as well as do as much research as you possibly can. Obviously, consulting a licensed financial advisor should be a priority, as well.\n ","meta_title":"How to Manage Your Risks When Investing in Cryptocurrency?","meta_description":"Are you thinking about investing in cryptocurrency? Before doing that, read this to find out what you should know about investing in crypto.","meta_keywords":"investing in cryptocurrency, what to know about cryptocurrency investing, how to start investing in cryptocurrency, how to make money investing in cryptocurrency, what are the risks of investing in cryptocurrency","order":8,"language":"en","created_at":"2023-04-20T11:47:32.000000Z","updated_at":"2023-04-24T13:41:44.000000Z","modified_content":"In this section, I’m going to tell you how to manage your risks while investing in <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/tutorials/what-is-cryptocurrency/">cryptocurrency!

\n
$\"Investing$ rug pull</a> in the making.\nThis is something that is especially relevant during a <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-bull-market/">bull market</a> - a period of time when the whole industry is experiencing huge growth, and many people are throwing their money into any and all projects that they come across. Bull runs are when a lot of malicious players come into the market, create scam projects, hype them up, and then run away with the investors’ money, at some point.\nMoving on, when discussing the most common mistakes that crypto investors make, it’s crucial to mention the platform (or, exchange) that you’ll be using. Put simply, while most of the focus usually lies on diversifying your portfolio and screening out any potential scams, it shouldn’t be forgotten that picking a <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/best-cryptocurrency-exchange/">reliable and trustworthy investing platform</a> is definitely part of the deal, too!\nIn order to see just how important this is, all that you need to do is take a good look at the news cycle in the crypto space - it seems that, every other day or so, there’s a new breach in some platform’s security, or a new bankruptcy on the horizon. This has especially been exacerbated after the whole <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/news/sam-bankman-frieds-ftx-files-for-chapter-11-bankruptcy/">FTX exchange debacle</a>.\n<h2>Dealing With Cryptocurrency Investing Risks</h2>\nSo - those are some of the more common risks associated with investing in crypto. Of course, as I’ve mentioned earlier, there are many more potential risks out there - however, if you learn to deal with and manage the “main”, big risks, this should improve your investing journey, significantly!\nSpeaking of which, as promised, I won’t leave you in the dark - now that you know what are the risks of investing in cryptocurrency, let’s discuss how to deal with these risks. Note that none of this is going to be financial advice - just some tips that I’ve gathered throughout the years. Make sure to always consult with a qualified professional before any and all investing-related ventures!\nNow, first and foremost, when it comes to “not investing more than you’re willing to lose”, the solution is simple - assuming that you have a stable monthly income, you should create a set budget every single month, of just how much you can put into your crypto investment portfolio, without it impacting your life.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"Investing in cryptocurrency: \" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/investing-in-cryptocurrency-03.jpg/" alt=\"Investing in cryptocurrency: \" width=\"1000\" height=\"578\" />\nA good way to look at it is by thinking - what if this amount of money simply disappears? Will it impact me in any way? Will it hinder my quality of life? If the answer is “yes”, you’re probably overinvested.\nThe question of portfolio diversification is closely related to this topic, as well. Most experts will tell you that it’s never a good idea to invest into a single asset, whether it’s a cryptocurrency, a stock, or anything else. Instead, it’s important to do some in-depth research, find a few different projects that have potential, and diversify your investment among them.\nTruthfully, investing in different asset classes is often an even better idea - however, this is something that falls far beyond the scope of this section.\nMoving on, we have the difficult question - how to avoid crypto scams, and choose a reliable project to invest in? Well, as you can probably guess, there’s only one answer - research, research, and more research. If you’re going to learn how to start investing in cryptocurrency, you’re going to be doing A LOT of that.\nI’m not kidding, mind you! There really is no way around it - whether it’s the middle of a bull run, or a deep Crypto Winter, before committing any of your money towards some sort of a project, you need to perform an extensive amount of research.\nIf you’re not sure where to start, I've written a <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto/">section about rug pulls</a> (how to spot and avoid them), how to do research, and how to vet different projects and project types. Check it out - perhaps that’s exactly what you need to kickstart your crypto investment journey?\nOutlining a few of the bigger aspects here, you should always perform a background check on the founders and the team behind a project, read through the whitepaper and roadmap, check out the community, and look into whether the project has any notable names standing behind it, in the form of venture capital investments.\nIf all of these aspects are in-check, it’s a good green flag to start off with - you can then look into some of the more detailed aspects concerning the project.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"Investing in cryptocurrency: The investment platform of choice.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/investing-in-cryptocurrency-04.jpg/" alt=\"Investing in cryptocurrency: The investment platform of choice.\" width=\"1000\" height=\"558\" />\nLast but not least, the investment platform of choice. Obviously, nowadays, there are countless numbers of different crypto exchanges and brokerage platforms out there, all offering their clients a wide array of benefits and features. This makes it very easy to get lost and confused, and end up picking a platform with a less-than-stellar reputation.\nIn order to avoid this confusion, you should spend just as much time vetting out your exchange of choice, as you’ve spent researching the cryptocurrencies that you’ve decided to invest in. Check the reputation of the platform, its security measures, history of break-ins, whether or not it has some sort of insurance on deposited assets, as well as the fees that it will charge you.\nDifferent additional features are cool and all, but security and fees should always be at the forefront of your research. If any of these two aspects are lacking, you could end up losing all of your assets, or paying a huge amount of money every single time that you perform a trade or crypto acquisition on the exchange.\n<h2>Wrapping Up</h2>\nSo, then - those were some of the most common risks associated with investing in cryptocurrencies, as well as my personal tips on how to deal with each one of them. One thing that I do want to add is that these risks (as well as tips) are going to be applicable to most types of crypto investments that you might think of - whether it be crypto <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/coin-vs-token/">coins & tokens</a>, <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/what-are-nfts/">NFTs, <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/what-are-dapps-in-crypto/">dApps, or anything in between.\nTo sum all of it up, let me just reiterate - the best ways to manage your cryptocurrency investing risks is to set an investment budget, as well as do as much research as you possibly can. Obviously, consulting a licensed financial advisor should be a priority, as well.\n ","preview_url":"https://www.bitdegree.org/crypto/learn/investing-in-cryptocurrency","youtube_video":null},"prevSection":{"id":479,"featured_image_id":null,"original_id":null,"youtube_video_id":null,"author_id":42,"translator_id":null,"chapter_id":7,"title":"What is Crypto Arbitrage: The Main Principles","slug":"how-to-arbitrage-crypto","definition":"Did you know that there are arbitrage bots that profit from asset price differences between cryptocurrency exchanges without the need of human interference?","status":"published","content":"In this section, we’re going to talk about how to arbitrage crypto!\nFor newcomers, <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-arbitrage/">crypto arbitrage</a> may sound off-putting, daunting even. But there’s no need for that. Once you understand the gist of things, it becomes intriguing. Crypto arbitrage is about being the smartest and the fastest in the room. And you’ll see what kinds of challenges await those who are willing to enter the territory of this unpredictable trading strategy.\nMany people postpone learning about how to participate in crypto arbitrage simply because they’re afraid they won’t understand it. But even the pros once started at the beginning! And today, I’m about to present to you this topic in an accessible manner, and help you discover how captivating it can be!\nIn this section, we’re going to take a deeper look not only into the crypto arbitrage’s theoretical foundations, but also comparisons and real-life examples. Then, I’ll cover how to find arbitrage opportunities, and what challenges await those who partake in it.\nWithout further ado, let’s get to it!\n<h2>What is Crypto Arbitrage?</h2>\nSo, what is crypto arbitrage?\nPut simply, crypto arbitrage is a trading strategy. It refers to traders taking advantage of price differences in asset prices across different cryptocurrency exchanges. In practical terms, it means buying crypto on some platforms for one price, and selling it on other platforms for a higher price. The difference between the prices is the profit that crypto arbitrageurs end up with.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"How to arbitrage crypto: What is crypto arbitrage?\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what_is_crypto_arbitrage_01.jpg/" alt=\"How to arbitrage crypto: What is crypto arbitrage?\" width=\"1000\" height=\"302\" />\nHow about a down-to-earth example? This is Tony. Summer is approaching, so his coworkers begin talking about buying a new bike. Tony senses a new opportunity to make a profit. So, he scans the market, and finds that there’s a less-than-popular bicycle shop, around 100 miles away. And here’s the catch: bikes are cheaper over there, when compared to the local shops around the area where Tony lives.\nSo, instead of paying $500 for a bike locally, Tony goes out to this spot, and gets one for $400. He brings it back, and sells it for the local price of $500, thus making a profit of $100.\nThis is the basic concept of arbitrage, which can be applied to various markets and industries. You could even say that Tony has just participated in some kind of “bicycle arbitrage”. Now, change “bicycle” with “crypto”, and you’ll get closer to what crypto arbitrage is all about.\nMoving on, let’s go for a crypto-related example. Imagine <a href=https://www.bitdegree.org/"/crypto/buy-bitcoin-btc/">Bitcoin is trading at $22,000 on Exchange X, and $23,000 on Exchange Y. So, a trader would buy 1 Bitcoin on Exchange X, transfer it to Exchange Y, and sell it. The result is a $1,000 profit.\nDo keep in mind, though, that there are costs that are not evident at first sight. Just like it’s essential to think of the transportation costs, storage and taxes when buying a bike, it’s just as critical not to forget about the associated fees when participating in crypto arbitrage, as well. But more about it later.\n<h2>Arbitrage Opportunities</h2>\nThe next thing to discuss is the question of where and how to find arbitrage opportunities in crypto. If it was that easy, everyone would be going all-in on crypto arbitrage. But the more you get to know about this trading style, the more you realize why it’s definitely not a beginner-friendly crypto trading strategy.\nSo, why is that the case?\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"How to arbitrage crypto: CEX.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what_is_crypto_arbitrage_02.jpg/" alt=\"How to arbitrage crypto: CEX.\" width=\"1000\" height=\"655\" />\nExchange fees, for example, are enough to make it almost impossible to engage in crypto arbitrage on <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/best-cryptocurrency-exchange/">centralized crypto exchanges</a>. The coin and token price variations on different CEXs are minor, and by buying assets, transferring and selling them, you would have to deal with several exchange fees, which could kill all of your potential financial gains.\nTherefore, crypto arbitrage requires more focus on something a bit more intricate than CEXs. For example, DEXs, or <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/best-decentralized-exchange/">decentralized exchanges</a>.\nBy the way, if you feel like your knowledge about CEXs and DEXs could use some refreshing, be sure to check out <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/dex-vs-cex/">this section</a>. It covers everything you need to know about crypto exchange platforms!\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"How to arbitrage crypto: DEX.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what_is_crypto_arbitrage_03.jpg/" alt=\"How to arbitrage crypto: DEX.\" width=\"1000\" height=\"584\" />\nNow, let's get back to arbitrage opportunities. Crypto traders go to DEXs because, usually, they have different <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-liquidity-pool/">liquidity pools</a> from those of centralized exchanges. This is important, because this affects the asset price for which it’s being sold on the DEX. So, different liquidity pools lead to the possibility of the same asset being traded at different prices on different DEXs. And different prices mean arbitrage opportunities.\nWhat’s more, DEXs are often less organized and less monitored than centralized exchanges, and this makes it more likely that price differences will arise.\nAnd it’s worth mentioning that, unlike centralized exchanges, decentralized exchanges are more likely to apply lower commissions.\nNaturally, these opportunities are not long-lived. If they were, everyone would just capitalize on them until the liquidity pools dried out. Therefore, it takes a skillful arbitrage trader to identify these opportunities, make an informed decision, and act upon it quickly.\nBut there’s more to it than just decentralized exchanges. Another way to look for crypto arbitrage opportunities is to go to <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-peer-to-peer-p2p/">Peer-to-Peer (or, more commonly known as “P2P”) </a>platforms.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"How to arbitrage crypto: P2P.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what_is_crypto_arbitrage_04.jpg/" alt=\"How to arbitrage crypto: P2P.\" width=\"1000\" height=\"554\" />\nUnlike crypto exchanges, centralized or decentralized, P2P platforms allow individuals to directly exchange cryptocurrencies with each other without the need for an intermediary. This means that traders can execute trades for different prices, which can create price discrepancies for the same asset.\nOn a side note, if you feel like learning more about P2P platforms wouldn’t hurt, be sure to check out <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/where-to-trade-crypto/">this section</a> about different ways of trading cryptocurrencies - it will help you develop a better understanding of how to arbitrage crypto, as well!\nOkay, back to the subject. So, P2P arbitrage happens when a trader finds a seller on one P2P platform offering a crypto asset at a lower price than the market rate, buys it, and then immediately sells the same cryptocurrency on another P2P platform at a higher price.\nYet, P2P arbitrage opportunities come with a handful of risks. First of all, it takes time to find these traders who are willing to sell assets for a price that is lower than the market rate.\nNot only that, traders have to be really quick after identifying such situations, because, during moments of hesitation, other traders would simply snatch this opportunity from right in front of their eyes.\nThe risk of fraud on P2P platforms must also be mentioned. It’s a Peer-to-Peer kind of a deal, so you never know what kind of tricks the other party is about to pull out of their sleeve. Thus, P2P arbitrage requires extra caution.\nFinally, P2P trading platforms usually have lower trading volumes than, let’s say, centralized or decentralized exchanges. You can buy just as much as the seller offers, not more. This, therefore, imposes limits on potential arbitrage gains.\nBut, there’s one huge drawback when it comes down to manual research of arbitrage opportunities. It takes a lot of time. And when it comes to locating, identifying, and executing a deal… Humans can’t beat machines. If new traders relied entirely on themselves, they would soon see losses, and run into the question of “what is wrong with arbitrage trading in crypto?”.\nOf course, smart arbitrage traders have employed cutting-edge technology to be unbeatable in this game. I’m talking about arbitrage bots.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"How to arbitrage crypto: Arbitrage bots.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what_is_crypto_arbitrage_05.jpg/" alt=\"How to arbitrage crypto: Arbitrage bots.\" width=\"1000\" height=\"472\" />\nJust like it sounds, arbitrage bots refer to automated trading programs that are designed with one specific purpose in mind: to take advantage of asset price differences between different cryptocurrency exchanges. If a minor price difference occurs, you can be sure that a bot will detect it quicker than your average human arbitrage trader.\nArbitrage bots use sophisticated algorithms to identify these opportunities and execute trades quickly and automatically, without the need for human intervention. This not only cuts out the need for manual research, but also removes the element of hesitation. In many cases, slow decision-making would simply end up in a lost arbitrage opportunity. Bots solve this problem, at least to an extent.\nOnce a price difference is located, the bot executes the deal. The freshly-made money ends up in the pocket of the one who employed, or, in many cases, created the arbitrage bot themselves.\nTo put things in perspective, here are some real-life examples of how efficient these bots can be.\nDmitrii Ushakov, a Russian trader, has reportedly made $1.8 million in profit in just one month of using arbitrage bots. He used these bots precisely to monitor the price differences in the Bitcoin and <a href=https://www.bitdegree.org/"/crypto/buy-ethereum-eth/">Ethereum markets across exchange platforms.\nOr, consider this. A group of traders from the University of California made a fortune thanks to arbitrage bots. They developed the bots, let them loose, and, during the course of several months, ended up with over $50,000 in their pockets.\nSo questions arise. Why bother with learning how to participate in arbitrage in crypto? Why not learn how to build a crypto arbitrage bot by yourself? Why isn’t everyone using them? Yes, traders can go on and buy themselves a bot or two. But, quite naturally, the best bots are not for sale.\nWhy sell them for money, when the bot itself can go on, and generate that money on its own? That’s why all the market-ready arbitrage bots are watered-down versions of those that are not for sale.\n<h2>Challenges & Risks</h2>\nNevertheless, there is something that connects every way of participating in crypto arbitrage. Be it opportunities on DEXs, P2P platforms, or even access to arbitrage bots, as you learn how to arbitrage crypto, you will soon start to notice - they all run into the same challenges. That’s right, crypto arbitrage is full of obstacles that can ruin even the most promising chances of making a profit.\nFor starters, the crypto market is hyper-volatile. This means that price discrepancies, which are the reason why crypto arbitrage is even possible, disappear super quickly. And, sometimes, even immediate action isn’t enough.\nWhy? Well, for example, sometimes, a bridge between blockchains, a solution to bring tokens from one blockchain into another, may run into technical problems when processing such transactions. The tokens could get stuck on it, leaving the trader with their money hanging in the air. And time spent on retrieving it would result in a wasted arbitrage opportunity, since the price differences would fluctuate in the meantime.\nAs mentioned previously, arbitrage gains can often be killed by transaction fees. That’s why traders opt for less expensive options that are easier to be found on DEXs or P2P platforms. But even then, the problem of fees is not fully avoided.\nYou see, each transaction is a <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/how-to-avoid-crypto-taxes/">taxable event</a>, state tax jurisdiction-wise. This means that crypto arbitrage trading is subject to regulatory oversight, which usually varies in different regions of the world.\nTherefore, traders from different countries need to make sure that they comply with all applicable laws and regulations, and that they’re aware of the taxes that they’ll have to pay on all the money they’re about to make. If this is ignored, such “unexpected fees” could really take a toll on a trader's gains, no pun intended.\n<h2>Wrapping Up</h2>\nWrapping things up, as you can see, crypto arbitrage can be a really lucrative way of approaching crypto, and there’s no correct way of how to do arbitrage in crypto. But, in order to execute such a trading strategy successfully, crypto traders really need to step up their game, be well-prepared, knowledgeable, and have a lot of hands-on experience and awareness about the risks involved in crypto arbitrage.\n ","meta_title":"Crypto Arbitrage: How to Arbitrage Crypto?","meta_description":"Are you trying to figure out how to arbitrage crypto and what crypto arbitrage opportunities there are? Find out all answers right here!","meta_keywords":"how to arbitrage crypto, how to find arbitrage opportunities in crypto, what is wrong with arbitrage trading crypto, how to build a crypto arbitrage bot","order":6,"language":"en","created_at":"2023-04-24T13:40:42.000000Z","updated_at":"2023-04-24T14:14:49.000000Z","modified_content":"In this section, we’re going to talk about how to arbitrage crypto!\nFor newcomers, <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-arbitrage/">crypto arbitrage</a> may sound off-putting, daunting even. But there’s no need for that. Once you understand the gist of things, it becomes intriguing. Crypto arbitrage is about being the smartest and the fastest in the room. And you’ll see what kinds of challenges await those who are willing to enter the territory of this unpredictable trading strategy.\nMany people postpone learning about how to participate in crypto arbitrage simply because they’re afraid they won’t understand it. But even the pros once started at the beginning! And today, I’m about to present to you this topic in an accessible manner, and help you discover how captivating it can be!\nIn this section, we’re going to take a deeper look not only into the crypto arbitrage’s theoretical foundations, but also comparisons and real-life examples. Then, I’ll cover how to find arbitrage opportunities, and what challenges await those who partake in it.\nWithout further ado, let’s get to it!\n<h2>What is Crypto Arbitrage?</h2>\nSo, what is crypto arbitrage?\nPut simply, crypto arbitrage is a trading strategy. It refers to traders taking advantage of price differences in asset prices across different cryptocurrency exchanges. In practical terms, it means buying crypto on some platforms for one price, and selling it on other platforms for a higher price. The difference between the prices is the profit that crypto arbitrageurs end up with.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"How to arbitrage crypto: What is crypto arbitrage?\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what_is_crypto_arbitrage_01.jpg/" alt=\"How to arbitrage crypto: What is crypto arbitrage?\" width=\"1000\" height=\"302\" />\nHow about a down-to-earth example? This is Tony. Summer is approaching, so his coworkers begin talking about buying a new bike. Tony senses a new opportunity to make a profit. So, he scans the market, and finds that there’s a less-than-popular bicycle shop, around 100 miles away. And here’s the catch: bikes are cheaper over there, when compared to the local shops around the area where Tony lives.\nSo, instead of paying $500 for a bike locally, Tony goes out to this spot, and gets one for $400. He brings it back, and sells it for the local price of $500, thus making a profit of $100.\nThis is the basic concept of arbitrage, which can be applied to various markets and industries. You could even say that Tony has just participated in some kind of “bicycle arbitrage”. Now, change “bicycle” with “crypto”, and you’ll get closer to what crypto arbitrage is all about.\nMoving on, let’s go for a crypto-related example. Imagine <a href=https://www.bitdegree.org/"/crypto/buy-bitcoin-btc/">Bitcoin is trading at $22,000 on Exchange X, and $23,000 on Exchange Y. So, a trader would buy 1 Bitcoin on Exchange X, transfer it to Exchange Y, and sell it. The result is a $1,000 profit.\nDo keep in mind, though, that there are costs that are not evident at first sight. Just like it’s essential to think of the transportation costs, storage and taxes when buying a bike, it’s just as critical not to forget about the associated fees when participating in crypto arbitrage, as well. But more about it later.\n<h2>Arbitrage Opportunities</h2>\nThe next thing to discuss is the question of where and how to find arbitrage opportunities in crypto. If it was that easy, everyone would be going all-in on crypto arbitrage. But the more you get to know about this trading style, the more you realize why it’s definitely not a beginner-friendly crypto trading strategy.\nSo, why is that the case?\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"How to arbitrage crypto: CEX.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what_is_crypto_arbitrage_02.jpg/" alt=\"How to arbitrage crypto: CEX.\" width=\"1000\" height=\"655\" />\nExchange fees, for example, are enough to make it almost impossible to engage in crypto arbitrage on <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/best-cryptocurrency-exchange/">centralized crypto exchanges</a>. The coin and token price variations on different CEXs are minor, and by buying assets, transferring and selling them, you would have to deal with several exchange fees, which could kill all of your potential financial gains.\nTherefore, crypto arbitrage requires more focus on something a bit more intricate than CEXs. For example, DEXs, or <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/best-decentralized-exchange/">decentralized exchanges</a>.\nBy the way, if you feel like your knowledge about CEXs and DEXs could use some refreshing, be sure to check out <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/dex-vs-cex/">this section</a>. It covers everything you need to know about crypto exchange platforms!\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"How to arbitrage crypto: DEX.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what_is_crypto_arbitrage_03.jpg/" alt=\"How to arbitrage crypto: DEX.\" width=\"1000\" height=\"584\" />\nNow, let's get back to arbitrage opportunities. Crypto traders go to DEXs because, usually, they have different <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-liquidity-pool/">liquidity pools</a> from those of centralized exchanges. This is important, because this affects the asset price for which it’s being sold on the DEX. So, different liquidity pools lead to the possibility of the same asset being traded at different prices on different DEXs. And different prices mean arbitrage opportunities.\nWhat’s more, DEXs are often less organized and less monitored than centralized exchanges, and this makes it more likely that price differences will arise.\nAnd it’s worth mentioning that, unlike centralized exchanges, decentralized exchanges are more likely to apply lower commissions.\nNaturally, these opportunities are not long-lived. If they were, everyone would just capitalize on them until the liquidity pools dried out. Therefore, it takes a skillful arbitrage trader to identify these opportunities, make an informed decision, and act upon it quickly.\nBut there’s more to it than just decentralized exchanges. Another way to look for crypto arbitrage opportunities is to go to <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-peer-to-peer-p2p/">Peer-to-Peer (or, more commonly known as “P2P”) </a>platforms.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"How to arbitrage crypto: P2P.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what_is_crypto_arbitrage_04.jpg/" alt=\"How to arbitrage crypto: P2P.\" width=\"1000\" height=\"554\" />\nUnlike crypto exchanges, centralized or decentralized, P2P platforms allow individuals to directly exchange cryptocurrencies with each other without the need for an intermediary. This means that traders can execute trades for different prices, which can create price discrepancies for the same asset.\nOn a side note, if you feel like learning more about P2P platforms wouldn’t hurt, be sure to check out <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/where-to-trade-crypto/">this section</a> about different ways of trading cryptocurrencies - it will help you develop a better understanding of how to arbitrage crypto, as well!\nOkay, back to the subject. So, P2P arbitrage happens when a trader finds a seller on one P2P platform offering a crypto asset at a lower price than the market rate, buys it, and then immediately sells the same cryptocurrency on another P2P platform at a higher price.\nYet, P2P arbitrage opportunities come with a handful of risks. First of all, it takes time to find these traders who are willing to sell assets for a price that is lower than the market rate.\nNot only that, traders have to be really quick after identifying such situations, because, during moments of hesitation, other traders would simply snatch this opportunity from right in front of their eyes.\nThe risk of fraud on P2P platforms must also be mentioned. It’s a Peer-to-Peer kind of a deal, so you never know what kind of tricks the other party is about to pull out of their sleeve. Thus, P2P arbitrage requires extra caution.\nFinally, P2P trading platforms usually have lower trading volumes than, let’s say, centralized or decentralized exchanges. You can buy just as much as the seller offers, not more. This, therefore, imposes limits on potential arbitrage gains.\nBut, there’s one huge drawback when it comes down to manual research of arbitrage opportunities. It takes a lot of time. And when it comes to locating, identifying, and executing a deal… Humans can’t beat machines. If new traders relied entirely on themselves, they would soon see losses, and run into the question of “what is wrong with arbitrage trading in crypto?”.\nOf course, smart arbitrage traders have employed cutting-edge technology to be unbeatable in this game. I’m talking about arbitrage bots.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"How to arbitrage crypto: Arbitrage bots.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what_is_crypto_arbitrage_05.jpg/" alt=\"How to arbitrage crypto: Arbitrage bots.\" width=\"1000\" height=\"472\" />\nJust like it sounds, arbitrage bots refer to automated trading programs that are designed with one specific purpose in mind: to take advantage of asset price differences between different cryptocurrency exchanges. If a minor price difference occurs, you can be sure that a bot will detect it quicker than your average human arbitrage trader.\nArbitrage bots use sophisticated algorithms to identify these opportunities and execute trades quickly and automatically, without the need for human intervention. This not only cuts out the need for manual research, but also removes the element of hesitation. In many cases, slow decision-making would simply end up in a lost arbitrage opportunity. Bots solve this problem, at least to an extent.\nOnce a price difference is located, the bot executes the deal. The freshly-made money ends up in the pocket of the one who employed, or, in many cases, created the arbitrage bot themselves.\nTo put things in perspective, here are some real-life examples of how efficient these bots can be.\nDmitrii Ushakov, a Russian trader, has reportedly made $1.8 million in profit in just one month of using arbitrage bots. He used these bots precisely to monitor the price differences in the Bitcoin and <a href=https://www.bitdegree.org/"/crypto/buy-ethereum-eth/">Ethereum markets across exchange platforms.\nOr, consider this. A group of traders from the University of California made a fortune thanks to arbitrage bots. They developed the bots, let them loose, and, during the course of several months, ended up with over $50,000 in their pockets.\nSo questions arise. Why bother with learning how to participate in arbitrage in crypto? Why not learn how to build a crypto arbitrage bot by yourself? Why isn’t everyone using them? Yes, traders can go on and buy themselves a bot or two. But, quite naturally, the best bots are not for sale.\nWhy sell them for money, when the bot itself can go on, and generate that money on its own? That’s why all the market-ready arbitrage bots are watered-down versions of those that are not for sale.\n<h2>Challenges & Risks</h2>\nNevertheless, there is something that connects every way of participating in crypto arbitrage. Be it opportunities on DEXs, P2P platforms, or even access to arbitrage bots, as you learn how to arbitrage crypto, you will soon start to notice - they all run into the same challenges. That’s right, crypto arbitrage is full of obstacles that can ruin even the most promising chances of making a profit.\nFor starters, the crypto market is hyper-volatile. This means that price discrepancies, which are the reason why crypto arbitrage is even possible, disappear super quickly. And, sometimes, even immediate action isn’t enough.\nWhy? Well, for example, sometimes, a bridge between blockchains, a solution to bring tokens from one blockchain into another, may run into technical problems when processing such transactions. The tokens could get stuck on it, leaving the trader with their money hanging in the air. And time spent on retrieving it would result in a wasted arbitrage opportunity, since the price differences would fluctuate in the meantime.\nAs mentioned previously, arbitrage gains can often be killed by transaction fees. That’s why traders opt for less expensive options that are easier to be found on DEXs or P2P platforms. But even then, the problem of fees is not fully avoided.\nYou see, each transaction is a <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/how-to-avoid-crypto-taxes/">taxable event</a>, state tax jurisdiction-wise. This means that crypto arbitrage trading is subject to regulatory oversight, which usually varies in different regions of the world.\nTherefore, traders from different countries need to make sure that they comply with all applicable laws and regulations, and that they’re aware of the taxes that they’ll have to pay on all the money they’re about to make. If this is ignored, such “unexpected fees” could really take a toll on a trader's gains, no pun intended.\n<h2>Wrapping Up</h2>\nWrapping things up, as you can see, crypto arbitrage can be a really lucrative way of approaching crypto, and there’s no correct way of how to do arbitrage in crypto. But, in order to execute such a trading strategy successfully, crypto traders really need to step up their game, be well-prepared, knowledgeable, and have a lot of hands-on experience and awareness about the risks involved in crypto arbitrage.\n ","preview_url":"https://www.bitdegree.org/crypto/learn/how-to-arbitrage-crypto","youtube_video":null},"chapterTitle":"Trading & Investing","cryptoBookSection":{"id":476,"featured_image_id":11394,"original_id":null,"youtube_video_id":153,"author_id":42,"translator_id":null,"chapter_id":7,"title":"What is FUD: How to Use It to Your Advantage While Investing in Crypto?","slug":"what-is-fud","definition":"Did you know that FUD is an acronym for \"Fear, Uncertainty, and Doubt\"?","status":"published","content":"In this section, we’re going to talk about what is FUD in investing, and how to profit from it!\nIronically, the word “FUD” causes FUD for those who don’t know what this abbreviation stands for, which is “Fear, Uncertainty and Doubt”. But, there’s no need to fear FUD. You can even profit from it, and there are many who do exactly that.\nEmotions play a critical role in everything. Therefore, it’s not a surprise that markets, especially ones that are as versatile as crypto, are directly affected by the predominant sentiments. But, once you become aware of how it influences people’s financial decisions, you learn how to read between the lines, and how to avoid being blinded by irrational fear.\nIn this section, I’m going to talk about what is FUD in crypto investing - specifically, how it affects people’s investment strategies and the cryptocurrency market, and how not to give into it. I’ll share particular examples about how FUD had led people into financial losses, and the exact opposite - how smart investors sensed the market sentiment, and ended up counting financial gains while everyone else thought that the ship was sinking.\nFear no more, and let’s dive into it!\n<h2>What is FUD?</h2>\nAs I’ve told you in the introductory part, FUD stands for Fear, Uncertainty, and Doubt. These three unpleasant emotions play a huge part in crypto, as well as the broader financial markets, in general. They affect how people act, what they buy, what they sell, where and how much they invest. When these emotions prevail, it affects the entire industry, and numbers on charts turn red.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: Fear, Uncertainty, and Doubt.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-01.jpg/" alt=\"What is FUD: Fear, Uncertainty, and Doubt.\" width=\"1000\" height=\"557\" />\nThese sentiments arise and grip the market for various reasons, and on different occasions. Sometimes, FUD spreads uncontrollably for objective reasons, such as huge companies going bankrupt, or political bodies implementing policies that may potentially be detrimental to particular investments.\nA great example of this could be found in the year 2021. It was the time when the word began spreading that the Chinese government was about to implement a total ban on crypto. China was very active in terms of <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/tutorials/how-to-mine-cryptocurrency/">crypto mining</a> operations; therefore people feared that a sudden shock like this could give a massive blow to the industry. Which, of course, would affect crypto prices, and cause financial losses for most traders.\nNaturally, this news caused a wave of FUD in the crypto world, as investors and traders became concerned about saving their money. As time later revealed, the fears were justified, as China really did implement the crypto ban, and the effects on the market were felt by everyone.\nThis was an example of FUD caused by unsettling rumors that eventually turned out to be true. But it’s not always the case. In reality, usually, it’s quite the opposite.\nSometimes false rumors begin making rounds on social media, and if no respected figure steps in to deny them in time, the waves of FUD can cause real damage. And in cases like this, the damage comes from the fact that unverified information affected traders’ emotions, and they all gave in to fear, uncertainty and doubt.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: This rumor is false!\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-02.jpg/" alt=\"What is FUD: This rumor is false!\" width=\"1000\" height=\"589\" />\nHere’s an example. Several months before the rumors about China’s ban, in May 2021, the word began spreading that the US Treasury was planning to strictly intensify crypto regulation.\nFUD quickly spread, and led to a significant drop in the prices of such cryptocurrencies as <a href=https://www.bitdegree.org/"/crypto/buy-bitcoin-btc/">Bitcoin and <a href=https://www.bitdegree.org/"/crypto/buy-ethereum-eth/">Ethereum.  As the prices began falling, people began panicking. In order to save their investments, many traders rushed to sell their crypto assets, which, in turn, only further accelerated the spread of the unpleasant sentiment and the decline in crypto prices. Even though all of this was caused by a false rumor, it created a vicious circle, and a snowball effect.\nSo, that’s an example of how false news and fake information can cause FUD. As you can already tell, when it comes to FUD, a savvy investor must always remain sharp and vigilant in order not to fall prey to rumors taken out of thin air.\nThere are a lot of similarities between how rumors function in the crypto market, and in real life. Sometimes they turn out to be true, sometimes, they get debunked as pure nonsense. But, there’s one more element that needs to be considered when talking about what is FUD in crypto investing. Just like gossip, FUD is often created by people who have particular goals in their minds. And these goals can get pretty sinister.\nMarket manipulators or competitors of a particular cryptocurrency, or a crypto-related company, love FUD. If the rumor doesn’t get debunked fast enough, the coin, or a company that's surrounded by artificially-caused clouds of FUD can get damaged.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: Market manipulators.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-03.jpg/" alt=\"What is FUD: Market manipulators.\" width=\"1000\" height=\"600\" />\nAs mentioned before, FUD causes panic-selling, as traders try not to lose their investments. So, if the FUD is targeted at a particular coin, it can lead to a significant drop in its price. If the FUD doesn’t get dispersed quick enough, it can lead to a loss of confidence in the coin, the company, or even the entire industry, as people begin to literally feel fearful, uncertain and doubtful about continuing to invest their money into it.\nBut then again, where there are losers, there are also winners. Market manipulators understand this very well, and every time they notice an irrational behavior becoming more and more prevalent in the market, they begin sensing new opportunities.\nIf the rumor is false, it will eventually get debunked, the FUD cycle will come to an end. But until then, the artificially created FUD does its job for them.\nIf people began abandoning a certain coin, it would lead to its decrease in value. This opens up opportunities for market manipulators to rush in, buy this coin at a lower value, and then, once it gets back on its feet, sell it at a higher price than they bought it for.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: Profit.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-04.jpg/" alt=\"What is FUD: Profit.\" width=\"1000\" height=\"495\" />\nHere’s a more prominent example of how one man got accused of market manipulation.  In May 2021, Elon Musk tweeted that Tesla would no longer accept Bitcoin as payment for its products. Of course, this caused a lot of panic among investors, which resulted in <a href=https://www.bitdegree.org/"/cryptocurrency-prices/bitcoin-btc-price/">the price of Bitcoin</a> falling by over 10% in less than a day.\nFor doing so, he got accused of market manipulation. Of course, he knew that a tweet like this would result in Bitcoin’s price taking a hit. And you can be sure that there were traders who saw this tweet as an opportunity to buy Bitcoin with a discount, as they were sure that many people would begin panic-selling their crypto holdings.\n<h2>How to See Through FUD?</h2>\nUp until this point, I’ve explained that FUD may be caused by:\n<ul class=\"pros-check\">\n<li>Information that eventually turns out to be true;</li>\n<li>Rumors that are not true;</li>\n<li>Rumors that are purposefully spread in order to cause panic and chaos in the market, so that market manipulators could profit from everyone’s losses.</li>\n</ul>\nIt’s obvious that this market is very much affected by emotions, especially negative ones. One of the main reasons for that is the fact that social media plays a very important role in the crypto industry.\nAs new coins, technologies, updates, and opinions are minted on a daily basis, people need to stay in touch with all the latest developments within the industry, in order not to miss out or sleep on new investment opportunities.\nBut, as always, it’s a double-edged sword. Overly-intense reliance on social media gets weaponized by those who profit from FUD. Social media enables rumors and negative information to spread quickly. Therefore, in order to stay sane and safe in the crypto sphere, it is of utmost importance to always remain critical, and avoid blindly jumping on hype, fear, or other emotion-based bandwagons.\nThankfully, there are helpful tools that can help traders check the emotional climate in the market. The most famous one is called the “<a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-fear-and-greed-index/">Crypto Fear & Greed Index</a>.”\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: Crypto Fear & Greed Index.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-05.jpg/" alt=\"What is FUD: Crypto Fear & Greed Index.\" width=\"1000\" height=\"622\" />\nBy analyzing and measuring the prevailing emotions in the market, this index expresses how does the market feel at a given day on a scale from 0 to 100.\n0 represents “Extreme fear”, while the highest number - 100 - represents “Extreme greed.”\nLogically, when FUD is all over the place, the index turns red, and the number will get lower. So, when someone begins panicking a bit too much, they can take a look at this index, and get a reality check about how severe the situation truly is. The index serves a simple purpose, and its to help people deal with their emotions and not to overreact. \nIf you want to take a look at how does the market feel like today, you can see it at <a href=https://www.bitdegree.org/"https://www.bitdegree.org/cryptocurrency-prices/fear-and-greed-index/">Bitdegree.org, where you’ll find a daily-updated crypto fear & greed index.\nNevertheless, life would be too easy if a simple index could help people avoid losses, or lead directly to gains. Sometimes, colossal changes happen super fast, and relying simply on indexes like this one could be very risky to your financial well-being.\nThere’s something else that experienced traders would recommend to anyone who’s worried about being affected by FUD too much. It’s called diversifying your portfolio. It’s a simple investment strategy that improves your resilience when the FUD clouds begin rising.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: Diversifying your portfolio.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-06.jpg/" alt=\"What is FUD: Diversifying your portfolio.\" width=\"1000\" height=\"610\" />\nIf the market sentiment turns negative, and it affects a particular coin, traders better hope that this wasn’t the coin that they put all their savings into. It’s a crypto version of the old, wise saying that tells us “not to put all the eggs into  a single basket.” If one coin gets affected by FUD, other coins may be able to avoid it. Having a diversified portfolio is the best way of ensuring that a single rumor won’t take down someone’s entire financial well-being.\nAnd finally, anyone who enters crypto has to realize that many projects, especially the real, promising ones, are here for the long term. After conducting their own, personal due diligence procedures, traders must evaluate that truly potential projects will survive FUD caused by false, or easily-deniable rumors.\nIn cases like this, once again, FUD creates new investment opportunities. When negative news causes a particular crypto coin’s price to drop, this may turn out to be a great opportunity to “buy the dip”. This expression translates to buying the coin at a lower price, and potentially profiting from it when the asset makes a comeback.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: Trader.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-07.jpg/" alt=\"What is FUD: Trader.\" width=\"1000\" height=\"554\" />\nAnd in addition to that, many FUD occurrences could be defined as short-lived. The crypto space, be it the market itself, or the crypto social media bubbles, are hyper volatile. New discussions, accusations, ideas, and conflicts occur every minute. New rumors are being created every day, and most of them get forgotten very quickly.\nTherefore, calm and patient traders recognize attempts at causing FUD, and don’t let themselves be bothered by these efforts at catching your attention.\n<h2>Wrapping Up</h2>\nIn this section, I’ve covered what is FUD in investing, from a crypto perspective, in what forms it appears, and how it can affect the crypto market. Quite naturally, recognizing FUD and being able to not let it get into your head is a must for every trader who wishes to see success in their trading ventures.\nUnderstanding what causes FUD, and that it can be an artificially created chaos that market manipulators could take advantage of, provides traders with a new perspective, and a new skill of being more suspicious & less susceptible to emotions and irrational behavior. And that’s definitely something that a trader should seek to obtain.\nI hope that from now on, you’ll recognize FUD, and the fear of asking the question “what is FUD?” won’t bother you anymore.","meta_title":"What is FUD and How Does It Affect the Crypto Market?","meta_description":"What is FUD? Well, the acronym stands for \"Fear, Uncertainty, and Doubt.\" Read this to find out how to benefit from FUD in crypto investing.","meta_keywords":"what is fud, what is a fud cycle, what is fud in investing","order":7,"language":"en","created_at":"2023-04-20T11:14:50.000000Z","updated_at":"2023-05-22T05:34:12.000000Z","modified_content":"In this section, we’re going to talk about what is FUD in investing, and how to profit from it!\nIronically, the word “FUD” causes FUD for those who don’t know what this abbreviation stands for, which is “Fear, Uncertainty and Doubt”. But, there’s no need to fear FUD. You can even profit from it, and there are many who do exactly that.\nEmotions play a critical role in everything. Therefore, it’s not a surprise that markets, especially ones that are as versatile as crypto, are directly affected by the predominant sentiments. But, once you become aware of how it influences people’s financial decisions, you learn how to read between the lines, and how to avoid being blinded by irrational fear.\nIn this section, I’m going to talk about what is FUD in crypto investing - specifically, how it affects people’s investment strategies and the cryptocurrency market, and how not to give into it. I’ll share particular examples about how FUD had led people into financial losses, and the exact opposite - how smart investors sensed the market sentiment, and ended up counting financial gains while everyone else thought that the ship was sinking.\nFear no more, and let’s dive into it!\n<div class=\"container\">\n <div class=\"row justify-content-center\">\n <div class=\"col-md-10 comparison-suggestion pb-3 mb-4\">\n <div class=\"d-flex flex-row\">\n <div class=\"text-center\">\n <div class=\"img-block-yt\">\n <img src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/assets/images/compare-crypto-exchanges.gif/"/n alt=\"What is FUD in Crypto? (Fear, Uncertainty & Doubt Explained)\"\n title=\"What is FUD in Crypto? (Fear, Uncertainty & Doubt Explained)\" class=\"border-0\">\n Video Explainer\n </div>\n </div>\n <div class=\"col-xs-10 col-sm-10 col-md-10 text-left py-3 yt-info\">\n <h4 class=\"mb-1\">Video Explainer: What is FUD: How to Use It to Your Advantage While Investing in Crypto?</h4>\n Reading is not your thing? Watch the \"What is FUD: How to Use It to Your Advantage While Investing in Crypto?\" video explainer\n </div>\n </div>\n <div class=\"row justify-content-center text-center\">\n <div class=\"col-12 col-md-11 px-3\">\n <div class=\"wrapper mb-0\">\n <div class=\"youtube mb-4 bg-transparent p-0 video-modal-popup\" data-toggle=\"modal\"\n data-target=\"#video-modal\" data-id=\"_9iJ4tlM3LU\" data-title=\"CryptoFinallyExplained\">\n <div class=\"video-gradient-top\"></div>\n What is FUD in Crypto? (Fear, Uncertainty & Doubt Explained)\n <img src=https://www.bitdegree.org/"https://i.ytimg.com/vi/_9iJ4tlM3LU/hq720.jpg/"/n alt=\"What is FUD in Crypto? (Fear, Uncertainty & Doubt Explained)\"\n title=\"What is FUD in Crypto? (Fear, Uncertainty & Doubt Explained)\"\n class=\"p-0\">\n <img class=\"play-button\" data-target=\"#video-modal\"\n src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/assets/video-button.png/"/n alt=\"What is FUD in Crypto? (Fear, Uncertainty & Doubt Explained)\">\n </div>\n </div>\n </div>\n </div>\n <div class=\"row justify-content-center text-center\">\n <div>\n <a href=https://www.bitdegree.org/"https://www.youtube.com/c/CryptoFinallyExplained?sub_confirmation=1\%22\n class=\"btn yt-promo mb-2\" target=\"_blank\" rel=\"nofollow noopener\">\n <div class=\"row justify-content-center align-items-center mx-0 text-center\">\n <div class=\"col-4 col-md-4\">\n \n </div>\n <div class=\"col-8 col-md-8 text-center yt-promo-text\">\n <h4 class=\"m-0 text-white\">SUBSCRIBE</h4>\n ON YOUTUBE\n </div>\n </div>\n </a>\n </div>\n </div>\n </div>\n </div>\n</div>\n<div class=\"modal fade\" id=\"video-modal\" tabindex=\"-1\" role=\"dialog\" aria-labelledby=\"_9iJ4tlM3LU\">\n <div class=\"modal-dialog modal-dialog-centered modal-lg\" role=\"document\">\n <div class=\"modal-content\">\n <div class=\"modal-body p-0\">\n <button type=\"button\" class=\"video-modal-close close\" data-dismiss=\"modal\" aria-label=\"Close\">\n \n </button>\n <div id=\"iframe\"></div>\n </div>\n <a class=\"text-decoration-none\"\n href=https://www.bitdegree.org/"https://www.youtube.com/c/CryptoFinallyExplained?sub_confirmation=1\%22\n rel=\"nofollow noopener\" target=\"_blank\">\n <div class=\"modal-footer p-0 d-block bg-white\">\n <div class=\"row justify-content-center m-0\">\n <div class=\"col-3 col-md-4 col-lg-2 p-0\">\n <img class=\"w-100 h-100\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/assets/crypto-subscribe.jpg/" alt=\"Subscribe\">\n </div>\n <div class=\"col-9 col-md-8 col-lg-2 px-0 d-flex\">\n <div class=\"modal-subscribe w-100\">\n SUBSCRIBE \n ON YOUTUBE\n \n </div>\n </div>\n <div class=\"col-12 col-md-12 col-lg-8 p-0 text-center d-flex justify-content-center align-items-center\">\n <div class=\"modal-subscribe-text\">\n <h4 class=\"m-0\">Understand crypto with ease</h4>\n New explainer videos every week!\n </div>\n </div>\n </div>\n </div>\n </a>\n </div>\n </div>\n</div>\n<h2>What is FUD?</h2>\nAs I’ve told you in the introductory part, FUD stands for Fear, Uncertainty, and Doubt. These three unpleasant emotions play a huge part in crypto, as well as the broader financial markets, in general. They affect how people act, what they buy, what they sell, where and how much they invest. When these emotions prevail, it affects the entire industry, and numbers on charts turn red.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: Fear, Uncertainty, and Doubt.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-01.jpg/" alt=\"What is FUD: Fear, Uncertainty, and Doubt.\" width=\"1000\" height=\"557\" />\nThese sentiments arise and grip the market for various reasons, and on different occasions. Sometimes, FUD spreads uncontrollably for objective reasons, such as huge companies going bankrupt, or political bodies implementing policies that may potentially be detrimental to particular investments.\nA great example of this could be found in the year 2021. It was the time when the word began spreading that the Chinese government was about to implement a total ban on crypto. China was very active in terms of <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/tutorials/how-to-mine-cryptocurrency/">crypto mining</a> operations; therefore people feared that a sudden shock like this could give a massive blow to the industry. Which, of course, would affect crypto prices, and cause financial losses for most traders.\nNaturally, this news caused a wave of FUD in the crypto world, as investors and traders became concerned about saving their money. As time later revealed, the fears were justified, as China really did implement the crypto ban, and the effects on the market were felt by everyone.\nThis was an example of FUD caused by unsettling rumors that eventually turned out to be true. But it’s not always the case. In reality, usually, it’s quite the opposite.\nSometimes false rumors begin making rounds on social media, and if no respected figure steps in to deny them in time, the waves of FUD can cause real damage. And in cases like this, the damage comes from the fact that unverified information affected traders’ emotions, and they all gave in to fear, uncertainty and doubt.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: This rumor is false!\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-02.jpg/" alt=\"What is FUD: This rumor is false!\" width=\"1000\" height=\"589\" />\nHere’s an example. Several months before the rumors about China’s ban, in May 2021, the word began spreading that the US Treasury was planning to strictly intensify crypto regulation.\nFUD quickly spread, and led to a significant drop in the prices of such cryptocurrencies as <a href=https://www.bitdegree.org/"/crypto/buy-bitcoin-btc/">Bitcoin and <a href=https://www.bitdegree.org/"/crypto/buy-ethereum-eth/">Ethereum.  As the prices began falling, people began panicking. In order to save their investments, many traders rushed to sell their crypto assets, which, in turn, only further accelerated the spread of the unpleasant sentiment and the decline in crypto prices. Even though all of this was caused by a false rumor, it created a vicious circle, and a snowball effect.\nSo, that’s an example of how false news and fake information can cause FUD. As you can already tell, when it comes to FUD, a savvy investor must always remain sharp and vigilant in order not to fall prey to rumors taken out of thin air.\nThere are a lot of similarities between how rumors function in the crypto market, and in real life. Sometimes they turn out to be true, sometimes, they get debunked as pure nonsense. But, there’s one more element that needs to be considered when talking about what is FUD in crypto investing. Just like gossip, FUD is often created by people who have particular goals in their minds. And these goals can get pretty sinister.\nMarket manipulators or competitors of a particular cryptocurrency, or a crypto-related company, love FUD. If the rumor doesn’t get debunked fast enough, the coin, or a company that's surrounded by artificially-caused clouds of FUD can get damaged.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: Market manipulators.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-03.jpg/" alt=\"What is FUD: Market manipulators.\" width=\"1000\" height=\"600\" />\nAs mentioned before, FUD causes panic-selling, as traders try not to lose their investments. So, if the FUD is targeted at a particular coin, it can lead to a significant drop in its price. If the FUD doesn’t get dispersed quick enough, it can lead to a loss of confidence in the coin, the company, or even the entire industry, as people begin to literally feel fearful, uncertain and doubtful about continuing to invest their money into it.\nBut then again, where there are losers, there are also winners. Market manipulators understand this very well, and every time they notice an irrational behavior becoming more and more prevalent in the market, they begin sensing new opportunities.\nIf the rumor is false, it will eventually get debunked, the FUD cycle will come to an end. But until then, the artificially created FUD does its job for them.\nIf people began abandoning a certain coin, it would lead to its decrease in value. This opens up opportunities for market manipulators to rush in, buy this coin at a lower value, and then, once it gets back on its feet, sell it at a higher price than they bought it for.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: Profit.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-04.jpg/" alt=\"What is FUD: Profit.\" width=\"1000\" height=\"495\" />\nHere’s a more prominent example of how one man got accused of market manipulation.  In May 2021, Elon Musk tweeted that Tesla would no longer accept Bitcoin as payment for its products. Of course, this caused a lot of panic among investors, which resulted in <a href=https://www.bitdegree.org/"/cryptocurrency-prices/bitcoin-btc-price/">the price of Bitcoin</a> falling by over 10% in less than a day.\nFor doing so, he got accused of market manipulation. Of course, he knew that a tweet like this would result in Bitcoin’s price taking a hit. And you can be sure that there were traders who saw this tweet as an opportunity to buy Bitcoin with a discount, as they were sure that many people would begin panic-selling their crypto holdings.\n<h2>How to See Through FUD?</h2>\nUp until this point, I’ve explained that FUD may be caused by:\n<ul class=\"pros-check\">\n<li>Information that eventually turns out to be true;</li>\n<li>Rumors that are not true;</li>\n<li>Rumors that are purposefully spread in order to cause panic and chaos in the market, so that market manipulators could profit from everyone’s losses.</li>\n</ul>\nIt’s obvious that this market is very much affected by emotions, especially negative ones. One of the main reasons for that is the fact that social media plays a very important role in the crypto industry.\nAs new coins, technologies, updates, and opinions are minted on a daily basis, people need to stay in touch with all the latest developments within the industry, in order not to miss out or sleep on new investment opportunities.\nBut, as always, it’s a double-edged sword. Overly-intense reliance on social media gets weaponized by those who profit from FUD. Social media enables rumors and negative information to spread quickly. Therefore, in order to stay sane and safe in the crypto sphere, it is of utmost importance to always remain critical, and avoid blindly jumping on hype, fear, or other emotion-based bandwagons.\nThankfully, there are helpful tools that can help traders check the emotional climate in the market. The most famous one is called the “<a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-fear-and-greed-index/">Crypto Fear & Greed Index</a>.”\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: Crypto Fear & Greed Index.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-05.jpg/" alt=\"What is FUD: Crypto Fear & Greed Index.\" width=\"1000\" height=\"622\" />\nBy analyzing and measuring the prevailing emotions in the market, this index expresses how does the market feel at a given day on a scale from 0 to 100.\n0 represents “Extreme fear”, while the highest number - 100 - represents “Extreme greed.”\nLogically, when FUD is all over the place, the index turns red, and the number will get lower. So, when someone begins panicking a bit too much, they can take a look at this index, and get a reality check about how severe the situation truly is. The index serves a simple purpose, and its to help people deal with their emotions and not to overreact. \nIf you want to take a look at how does the market feel like today, you can see it at <a href=https://www.bitdegree.org/"https://www.bitdegree.org/cryptocurrency-prices/fear-and-greed-index/">Bitdegree.org, where you’ll find a daily-updated crypto fear & greed index.\nNevertheless, life would be too easy if a simple index could help people avoid losses, or lead directly to gains. Sometimes, colossal changes happen super fast, and relying simply on indexes like this one could be very risky to your financial well-being.\nThere’s something else that experienced traders would recommend to anyone who’s worried about being affected by FUD too much. It’s called diversifying your portfolio. It’s a simple investment strategy that improves your resilience when the FUD clouds begin rising.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: Diversifying your portfolio.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-06.jpg/" alt=\"What is FUD: Diversifying your portfolio.\" width=\"1000\" height=\"610\" />\nIf the market sentiment turns negative, and it affects a particular coin, traders better hope that this wasn’t the coin that they put all their savings into. It’s a crypto version of the old, wise saying that tells us “not to put all the eggs into  a single basket.” If one coin gets affected by FUD, other coins may be able to avoid it. Having a diversified portfolio is the best way of ensuring that a single rumor won’t take down someone’s entire financial well-being.\nAnd finally, anyone who enters crypto has to realize that many projects, especially the real, promising ones, are here for the long term. After conducting their own, personal due diligence procedures, traders must evaluate that truly potential projects will survive FUD caused by false, or easily-deniable rumors.\nIn cases like this, once again, FUD creates new investment opportunities. When negative news causes a particular crypto coin’s price to drop, this may turn out to be a great opportunity to “buy the dip”. This expression translates to buying the coin at a lower price, and potentially profiting from it when the asset makes a comeback.\n<img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"What is FUD: Trader.\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-07.jpg/" alt=\"What is FUD: Trader.\" width=\"1000\" height=\"554\" />\nAnd in addition to that, many FUD occurrences could be defined as short-lived. The crypto space, be it the market itself, or the crypto social media bubbles, are hyper volatile. New discussions, accusations, ideas, and conflicts occur every minute. New rumors are being created every day, and most of them get forgotten very quickly.\nTherefore, calm and patient traders recognize attempts at causing FUD, and don’t let themselves be bothered by these efforts at catching your attention.\n<h2>Wrapping Up</h2>\nIn this section, I’ve covered what is FUD in investing, from a crypto perspective, in what forms it appears, and how it can affect the crypto market. Quite naturally, recognizing FUD and being able to not let it get into your head is a must for every trader who wishes to see success in their trading ventures.\nUnderstanding what causes FUD, and that it can be an artificially created chaos that market manipulators could take advantage of, provides traders with a new perspective, and a new skill of being more suspicious & less susceptible to emotions and irrational behavior. And that’s definitely something that a trader should seek to obtain.\nI hope that from now on, you’ll recognize FUD, and the fear of asking the question “what is FUD?” won’t bother you anymore.","preview_url":"https://www.bitdegree.org/crypto/learn/what-is-fud","youtube_video":{"id":153,"channel_id":1,"sort":1,"video_title":"What is FUD in Crypto? (Fear, Uncertainty & Doubt Explained)","description":"What is FUD in crypto & how to see through it?\n\n\"FUD\" stands for \"Fear, Uncertainty, Doubt.\" These emotions play a crucial role in crypto. But those who understand them, and understand how emotional and irrational some traders can become, know how to profit from FUD.\n\nIn this video, you'll learn what is FUD in investing (crypto), how to recognize it, and how to avoid FUD getting into your head. I'll explain what can cause FUD, what are the different types of FUD, and how traders learn how to deal with it.\n\nHave you, personally, ever experienced FUD? Have you ever noticed attempts at creating FUD? If you have any insights, or examples, be sure to share them with everyone else in the comment section below!\n\nTo scan the current market sentiment, you can find the Crypto Fear & Greed Index right here: https://www.bitdegree.org/cryptocurrency-prices/fear-and-greed-index\n\nVideo Time Table:\n\n0:00 Introduction to What is FUD in Crypto\n1:15 What is FUD?\n5:14 Real-life FUD Example\n5:48 How to See Through FUD?\n9:27 Wrap-up: What is FUD in Crypto?\n\nGet Quick Crypto Tips on Twitter - Follow:\nhttps://twitter.com/crypto_xplained\n\n#WhatisFUD #FUDCrypto #FearAndGreed","video_id":"_9iJ4tlM3LU","duration":620,"view_count":48,"thumbnail_url":"https://i.ytimg.com/vi/_9iJ4tlM3LU/hq720.jpg","thumbnail_width":1280,"thumbnail_height":720,"published_at":"2023-05-19 14:45:42","created_at":"2023-05-19T23:00:03.000000Z","updated_at":"2023-05-21T23:00:04.000000Z","channel":{"id":1,"title":"CryptoFinallyExplained","channel_id":"UCOryUY0yxC08eJtK23mNgiA","main_playlist_id":"UUOryUY0yxC08eJtK23mNgiA"}},"featured_image":{"id":11394,"uuid":"defd32c5-d3e1-4e66-9f58-e2ee316bad3a","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-featured-image.jpg","path":"crypto/storage/optimized/what-is-fud-featured-image.jpg","original_path":"crypto/storage/original/what-is-fud-featured-image.jpg","name":"what-is-fud-featured-image.jpg","original_name":"what-is-fud-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"65.30KB"}},"chapterList":[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-blockchain.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/blockchain-101.jpg","rating":100,"sections":[{"slug":"what-is-blockchain","title":"What is the Blockchain?","featured_image_id":6412,"status":"published","chapter_id":1,"language":"en","order":1,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-blockchain","featured_image":{"id":6412,"uuid":"152ba579-ce8d-488a-9e06-bcd99e976b7d","public_url":"https://assets.bitdegree.org/crypto/storage/media/what-is-blockchain-626fbe085a0cd.o.jpg","path":"crypto/storage/media/what-is-blockchain-626fbe085a0cd.o.jpg","original_path":"crypto/storage/media/what-is-blockchain-626fbe085a0cd.jpg","name":"what-is-blockchain-626fbe085a0cd.o.jpg","original_name":"what-is-blockchain.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"93.86KB"},"youtube_video":null},{"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","featured_image_id":7205,"status":"published","chapter_id":1,"language":"en","order":2,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/decentralized-blockchain","featured_image":{"id":7205,"uuid":"c5d6f6a7-4914-4d6b-9fdd-e94dfb0bae82","public_url":"https://assets.bitdegree.org/crypto/storage/media/decentralized-blockchain-featured-image.o.jpg","path":"crypto/storage/media/decentralized-blockchain-featured-image.o.jpg","original_path":"crypto/storage/media/decentralized-blockchain-featured-image.jpg","name":"decentralized-blockchain-featured-image.o.jpg","original_name":"decentralized-blockchain-featured-image.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"136.00KB"},"youtube_video":null},{"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","featured_image_id":7397,"status":"published","chapter_id":1,"language":"en","order":3,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/blockchain-transaction","featured_image":{"id":7397,"uuid":"e60dff45-4c5d-4b44-a2c1-a27e49f700e7","public_url":"https://assets.bitdegree.org/crypto/storage/media/blockchain-transaction-featured-mage.o.jpg","path":"crypto/storage/media/blockchain-transaction-featured-mage.o.jpg","original_path":"crypto/storage/media/blockchain-transaction-featured-mage.jpg","name":"blockchain-transaction-featured-mage.o.jpg","original_name":"blockchain-transaction-featured-mage.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"85.83KB"},"youtube_video":null},{"slug":"crypto-fees","title":"The Different Types of Crypto Fees 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For?","featured_image_id":7272,"status":"published","chapter_id":1,"language":"en","order":6,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/types-of-blockchains","featured_image":{"id":7272,"uuid":"6ad01272-67ac-4719-8e88-7f01752a0628","public_url":"https://assets.bitdegree.org/crypto/storage/media/types-of-blockchains-featured-image.o.jpg","path":"crypto/storage/media/types-of-blockchains-featured-image.o.jpg","original_path":"crypto/storage/media/types-of-blockchains-featured-image.jpg","name":"types-of-blockchains-featured-image.o.jpg","original_name":"types-of-blockchains-featured-image.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"110.34KB"},"youtube_video":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-cryptocurrencies.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/cryptocurrencies-101.jpg","rating":100,"sections":[{"slug":"what-is-a-cryptocurrency","title":"What 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Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"currentChapter":"trading-and-investing","currentSection":"what-is-fud","readingTime":10,"readingLevel":"medium"},"url":"/crypto/learn/what-is-fud","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
All Crypto From

Scratch!

Crypto 101 Handbook

Chapter 1: Blockchain

1.1

What is the Blockchain?
1.2

Anonymous & Decentralized Blockchains: The Cornerstone of Crypto
1.3

What is a Blockchain Transaction in Crypto?
1.4

The Different Types of Crypto Fees Explained
1.5

The Key Notion Behind the Concept of Bridging in Crypto
1.6

Different Types of Blockchains: What to Look Out For?
Chapter 2: Cryptocurrencies

2.1

What is a Cryptocurrency?
2.2

How Does Cryptocurrency Work?
2.3

Is Cryptocurrency a Good Investment? The Pros & Cons
2.4

Coin VS Token: How Do They Differ?
2.5

What are Stablecoins, Altcoins & Wrapped Coins?
2.6

Bitcoin: the Pioneer of the Crypto World
2.7

The Ultimate Blockchain for dApp Creation: Ethereum
2.8

What is Cardano and What is It Used For?
2.9

Shiba Inu: the Dogecoin Killer
2.10

Is Solana an Improved Version of Ethereum?
2.11

The Bridge Between Blockchains: Polkadot
2.12

Polygon: the Essential Scaling Solution for Ethereum
2.13

The Practical Use of Crypto
Chapter 3: Crypto Exchanges

3.1

How do Cryptocurrency Exchanges Work?
3.2

DEX VS CEX: Two Sides of the Crypto Exchange Industry
3.3

Crypto Day Trading: The Difference Between Buying, Trading, and Swapping
3.4

KYC & AML: The Key to Complying With Legal Industry Standards
3.5

From Fiat to Crypto: How to Buy Crypto for the First Time
3.6

Taking Profits: Turning Crypto Into Fiat
3.7

You’ve Got Crypto: What Can You Do With It?
Chapter 4: Crypto Wallets

4.1

What is a Crypto Wallet?
4.2

Hot Wallet VS Cold Wallet: Which One to Pick?
4.3

What are Non-Custodial Crypto Wallets?
4.4

Metamask: The Leading Non-Custodial Wallet
4.5

The Key Crypto Wallet Safety Practices: How Safe Can Crypto Be?
Chapter 5: NFTs

5.1

What are Non-Fungible Tokens (NFTs)?
5.2

NFT Trading: The Ins and Outs
5.3

Tips and Tricks of Choosing the Right NFTs
5.4

How to Store NFTs: Best Practices
5.5

How to Create Your Own NFTs?
5.6

Making Passive Money with NFTs
Chapter 6: dApps & Defi

6.1

What is Decentralized Finance (DeFi)?
6.2

DeFi 2.0: The New Version of Decentralized Finance
6.3

What Are dApps and How Do They Work?
6.4

Picking the Right dApps: Dos and Don'ts
6.5

Web 3.0: The Future of the Internet
6.6

What is the Core Purpose of Smart Contracts?
6.7

The Notion of a Decentralized Autonomous Ogranization (DAO)
6.8

What is the Goal of Staking Crypto Assets?
6.9

What is a Liquidity Pool and How Does It Work?
6.10

Automated Market Maker: the Cornerstone of the Decentralized Crypto Exchange Industry
6.11

The Main Yield Farming Techniques
6.12

Crypto Oracles: The Link Between Blockchain and Outside World Data
6.13

The Peculiarities of Decentralized Crypto Gambling
6.14

Metaverse: A New Perception of Reality
Chapter 7: Trading & Investing

7.1

Where Can You Trade Cryptocurrencies?
7.2

Investing in Crypto: What Investing Options Do You Have?
7.3

ICO vs IDO vs IEO: Which One is the One?
7.4

What are Crypto Airdrops and How to Get Them?
7.5

How to Get Free Crypto Assets?
7.6

What is Crypto Arbitrage: The Main Principles
7.7

What is FUD: How to Use It to Your Advantage While Investing in Crypto?
7.8

Investing in Cryptocurrency: How to Manage Your Risks?
7.9

What is a Rug Pull in Crypto?
7.10

How to Spot and Avoid Rug Pulls?
7.11

The Key Legal Techniques of Avoiding Crypto Taxes
Chapter 8: Crypto Analysis

8.1

Bearish and Bullish Markets: Do They Matter?
8.2

5 Best Crypto Technical Analysis Indicators You Must Know About
8.3

Technical Analysis: What are Candlesticks, Trendlines, and Patterns?
8.4

Crypto Tracking: How to Track Your Favorite Coins & Tokens?
8.5

Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy
Chapter 9: Mining

coming soon

Chapter 10: Crypto Terms

10.1

All Crypto Terms

Handbook Cover Page

Chapter 7: Trading & Investing

What is FUD: How to Use It to Your Advantage While Investing in Crypto?

Did you know that FUD is an acronym for "Fear, Uncertainty, and Doubt"?

Medium

10 minutes

Watch Video

In this section, we’re going to talk about what is FUD in investing, and how to profit from it!

Ironically, the word “FUD” causes FUD for those who don’t know what this abbreviation stands for, which is “Fear, Uncertainty and Doubt”. But, there’s no need to fear FUD. You can even profit from it, and there are many who do exactly that.

Emotions play a critical role in everything. Therefore, it’s not a surprise that markets, especially ones that are as versatile as crypto, are directly affected by the predominant sentiments. But, once you become aware of how it influences people’s financial decisions, you learn how to read between the lines, and how to avoid being blinded by irrational fear.

In this section, I’m going to talk about what is FUD in crypto investing - specifically, how it affects people’s investment strategies and the cryptocurrency market, and how not to give into it. I’ll share particular examples about how FUD had led people into financial losses, and the exact opposite - how smart investors sensed the market sentiment, and ended up counting financial gains while everyone else thought that the ship was sinking.

Fear no more, and let’s dive into it!

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Video Explainer: What is FUD: How to Use It to Your Advantage While Investing in Crypto?

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What is FUD in Crypto? (Fear, Uncertainty & Doubt Explained)

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What is FUD?

As I’ve told you in the introductory part, FUD stands for Fear, Uncertainty, and Doubt. These three unpleasant emotions play a huge part in crypto, as well as the broader financial markets, in general. They affect how people act, what they buy, what they sell, where and how much they invest. When these emotions prevail, it affects the entire industry, and numbers on charts turn red.

These sentiments arise and grip the market for various reasons, and on different occasions. Sometimes, FUD spreads uncontrollably for objective reasons, such as huge companies going bankrupt, or political bodies implementing policies that may potentially be detrimental to particular investments.

A great example of this could be found in the year 2021. It was the time when the word began spreading that the Chinese government was about to implement a total ban on crypto. China was very active in terms of crypto mining operations; therefore people feared that a sudden shock like this could give a massive blow to the industry. Which, of course, would affect crypto prices, and cause financial losses for most traders.

Naturally, this news caused a wave of FUD in the crypto world, as investors and traders became concerned about saving their money. As time later revealed, the fears were justified, as China really did implement the crypto ban, and the effects on the market were felt by everyone.

This was an example of FUD caused by unsettling rumors that eventually turned out to be true. But it’s not always the case. In reality, usually, it’s quite the opposite.

Sometimes false rumors begin making rounds on social media, and if no respected figure steps in to deny them in time, the waves of FUD can cause real damage. And in cases like this, the damage comes from the fact that unverified information affected traders’ emotions, and they all gave in to fear, uncertainty and doubt.

Here’s an example. Several months before the rumors about China’s ban, in May 2021, the word began spreading that the US Treasury was planning to strictly intensify crypto regulation.

FUD quickly spread, and led to a significant drop in the prices of such cryptocurrencies as Bitcoin and Ethereum. As the prices began falling, people began panicking. In order to save their investments, many traders rushed to sell their crypto assets, which, in turn, only further accelerated the spread of the unpleasant sentiment and the decline in crypto prices. Even though all of this was caused by a false rumor, it created a vicious circle, and a snowball effect.

So, that’s an example of how false news and fake information can cause FUD. As you can already tell, when it comes to FUD, a savvy investor must always remain sharp and vigilant in order not to fall prey to rumors taken out of thin air.

There are a lot of similarities between how rumors function in the crypto market, and in real life. Sometimes they turn out to be true, sometimes, they get debunked as pure nonsense. But, there’s one more element that needs to be considered when talking about what is FUD in crypto investing. Just like gossip, FUD is often created by people who have particular goals in their minds. And these goals can get pretty sinister.

Market manipulators or competitors of a particular cryptocurrency, or a crypto-related company, love FUD. If the rumor doesn’t get debunked fast enough, the coin, or a company that's surrounded by artificially-caused clouds of FUD can get damaged.

As mentioned before, FUD causes panic-selling, as traders try not to lose their investments. So, if the FUD is targeted at a particular coin, it can lead to a significant drop in its price. If the FUD doesn’t get dispersed quick enough, it can lead to a loss of confidence in the coin, the company, or even the entire industry, as people begin to literally feel fearful, uncertain and doubtful about continuing to invest their money into it.

But then again, where there are losers, there are also winners. Market manipulators understand this very well, and every time they notice an irrational behavior becoming more and more prevalent in the market, they begin sensing new opportunities.

If the rumor is false, it will eventually get debunked, the FUD cycle will come to an end. But until then, the artificially created FUD does its job for them.

If people began abandoning a certain coin, it would lead to its decrease in value. This opens up opportunities for market manipulators to rush in, buy this coin at a lower value, and then, once it gets back on its feet, sell it at a higher price than they bought it for.

Here’s a more prominent example of how one man got accused of market manipulation. In May 2021, Elon Musk tweeted that Tesla would no longer accept Bitcoin as payment for its products. Of course, this caused a lot of panic among investors, which resulted in the price of Bitcoin falling by over 10% in less than a day.

For doing so, he got accused of market manipulation. Of course, he knew that a tweet like this would result in Bitcoin’s price taking a hit. And you can be sure that there were traders who saw this tweet as an opportunity to buy Bitcoin with a discount, as they were sure that many people would begin panic-selling their crypto holdings.

How to See Through FUD?

Up until this point, I’ve explained that FUD may be caused by:

Information that eventually turns out to be true;

Rumors that are not true;

Rumors that are purposefully spread in order to cause panic and chaos in the market, so that market manipulators could profit from everyone’s losses.

It’s obvious that this market is very much affected by emotions, especially negative ones. One of the main reasons for that is the fact that social media plays a very important role in the crypto industry.

As new coins, technologies, updates, and opinions are minted on a daily basis, people need to stay in touch with all the latest developments within the industry, in order not to miss out or sleep on new investment opportunities.

But, as always, it’s a double-edged sword. Overly-intense reliance on social media gets weaponized by those who profit from FUD. Social media enables rumors and negative information to spread quickly. Therefore, in order to stay sane and safe in the crypto sphere, it is of utmost importance to always remain critical, and avoid blindly jumping on hype, fear, or other emotion-based bandwagons.

Thankfully, there are helpful tools that can help traders check the emotional climate in the market. The most famous one is called the “Crypto Fear & Greed Index.”

By analyzing and measuring the prevailing emotions in the market, this index expresses how does the market feel at a given day on a scale from 0 to 100.

0 represents “Extreme fear”, while the highest number - 100 - represents “Extreme greed.”

Logically, when FUD is all over the place, the index turns red, and the number will get lower. So, when someone begins panicking a bit too much, they can take a look at this index, and get a reality check about how severe the situation truly is. The index serves a simple purpose, and its to help people deal with their emotions and not to overreact.

If you want to take a look at how does the market feel like today, you can see it at Bitdegree.org, where you’ll find a daily-updated crypto fear & greed index.

Nevertheless, life would be too easy if a simple index could help people avoid losses, or lead directly to gains. Sometimes, colossal changes happen super fast, and relying simply on indexes like this one could be very risky to your financial well-being.

There’s something else that experienced traders would recommend to anyone who’s worried about being affected by FUD too much. It’s called diversifying your portfolio. It’s a simple investment strategy that improves your resilience when the FUD clouds begin rising.

If the market sentiment turns negative, and it affects a particular coin, traders better hope that this wasn’t the coin that they put all their savings into. It’s a crypto version of the old, wise saying that tells us “not to put all the eggs into a single basket.” If one coin gets affected by FUD, other coins may be able to avoid it. Having a diversified portfolio is the best way of ensuring that a single rumor won’t take down someone’s entire financial well-being.

And finally, anyone who enters crypto has to realize that many projects, especially the real, promising ones, are here for the long term. After conducting their own, personal due diligence procedures, traders must evaluate that truly potential projects will survive FUD caused by false, or easily-deniable rumors.

In cases like this, once again, FUD creates new investment opportunities. When negative news causes a particular crypto coin’s price to drop, this may turn out to be a great opportunity to “buy the dip”. This expression translates to buying the coin at a lower price, and potentially profiting from it when the asset makes a comeback.

And in addition to that, many FUD occurrences could be defined as short-lived. The crypto space, be it the market itself, or the crypto social media bubbles, are hyper volatile. New discussions, accusations, ideas, and conflicts occur every minute. New rumors are being created every day, and most of them get forgotten very quickly.

Therefore, calm and patient traders recognize attempts at causing FUD, and don’t let themselves be bothered by these efforts at catching your attention.

Wrapping Up

In this section, I’ve covered what is FUD in investing, from a crypto perspective, in what forms it appears, and how it can affect the crypto market. Quite naturally, recognizing FUD and being able to not let it get into your head is a must for every trader who wishes to see success in their trading ventures.

Understanding what causes FUD, and that it can be an artificially created chaos that market manipulators could take advantage of, provides traders with a new perspective, and a new skill of being more suspicious & less susceptible to emotions and irrational behavior. And that’s definitely something that a trader should seek to obtain.

I hope that from now on, you’ll recognize FUD, and the fear of asking the question “what is FUD?” won’t bother you anymore.

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