FUD Fueled By More Bad News

 

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Episode #6

FUD is a widely used acronym for the words Fear, Uncertainty, and Doubt.

And, it is continuing to win again this week, but not just in the cryptocurrency markets. The stock market took a  deep dive today, plunging nearly 1500 points.

Even without the bad news from Wall Street, there was plenty to make people want to cave in and panic sell.

Today, China announced that it’s extending it’s ongoing ban, in an attempt to completely stop and prevent cryptocurrency trading. For the moment, it remains legal for Chinese to actually own or hold cryptocurrency.

Listen to hear more news.

What are your thoughts?