Cryptocurrency Ride with Moverre Coaster: Understanding ATH and FUD
The cryptocurrency world has traveled on a roll in recent years, and prices vary wildly between the highest and fall. The center of this chaos is difficult “high all time” (ATH) and the concept of opposing forces that promote fear and speculation – “fear, uncertainty and doubt” (fud).
Ath: Measure of Success
When the price of cryptocurrency reaches the highest level of all time, it is often considered a sign of strong demand and institutional substrate. ATH is a reference point for measuring the performance of the subscriber over time, as it shows that the market believes that the property has a real value and is worth investing. In such cases, investors and merchants usually buy and stay on their coins, raising prices even further.
The most significant example of ATH was the rise of Bitcoin prices about $ 1,000 in 2016 to over $ 19,000 in December 2017. This unprecedented growth confirmed Bitcoin as a leading cryptocurrency market and confirmed it in a higher level of cryptocurrency.
Fud: The dark side of the cryptocurrency market
On the other hand, Fud is a negative mood that can spread rapidly to the entire market, causing prices to fall. In recent years, Fud has been significant to reduce prices for several popular cryptocurrencies.
One of the major Fud examples is Japan’s largest Bitcoin exchange in MT. Gox’s collapse, hacked in 2014 and lost about 850,000 bitcoins (about $ 450 million at that time). This event sent shock waves through the cryptocurrency market, which led to temporary freezing of all Bitcoin businesses and one of the most significant prices of all time.
Fud can also create many ways, including false information, rumors and immediate lies shared by speculators or harmful actors. These fuds can be very harmful, causing investors to lose money quickly and potentially prices back to an earlier level.
Ath and Fud Psychology
So why do people react in the way they make ATH and FUD? There are several psychological factors in the game:
1
Confirmation Breeds : Investors usually look for information that confirm their current prejudice and leave conflicting evidence.
- Don’t charge losses
: Fear of losing money is often more important than the potential benefit, forcing investors to take extreme action to avoid losses.
3
Social Proof : When a large number of people buy or sell a certain property, it can create a self -service cycle that promotes fud and suppresses ATH.
conclusion
Understanding ATH and FUD is essential for anyone who wants to be convinced in the cryptocurrency market. As long as ATH is success and institutional support, Fud emphasizes the potential risks and dangers of placing in the cryptocurrency.
Investors and merchants are aware of these opposite forces, and merchants can make more conscious decisions and avoid expensive mistakes. As the cryptocurrency world continues to develop, it is important to stay alert and adapt to changing market conditions.
Resources
- Bitcoin -Iremal Site: [www.bitcoin.org] (
- CoinmarketCap: [ (
- Redditin r/cryptocurrency and r/binance: [www.redit.com/r/cryptocurrency/] ( and [www.reddit.com/binan ) (