#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!#BreakingNews #Btc #Fud #Blackrock #downwardtrend

Ever seen one of these abbreviations and wondered what it meant?

🔸FUD
🔸FOMO
🔸HODL
🔸BUIDL
🔸SAFU
🔸ROI
🔸ATH
🔸ATL
🔸DYOR
🔸DD
🔸AML
🔸KYC

👇

1. Fear, Uncertainty, and Doubt (FUD): Spreading of fear and misinformation to gain an advantage.

2. Fear Of Missing Out (FOMO): The emotion you feel when you panic buy.

3. HODL: Buy and hold on to it for a long time!

4. BUIDL: Keep your head down and build the next financial system.

5. SAFU: Funds are safe!

6. Return on Investment (ROI): How much money you are making (or losing).

7. All-Time High (ATH): The highest price ever recorded!

8. All-Time Low (ATL): The lowest price ever recorded.

9. Do Your Own Research (DYOR): Don't trust, verify.

10. Due Diligence (DD): Smart people make decisions based on facts.

11. Anti Money Laundering (AML): Regulations that prevent criminals from hiding their money.

12. Know Your Customer (KYC): Regulations that make exchanges verify your identity.

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#etf #Fud #ATH

Interesting Fact 💥🔥

Stablecoins depeg or FUD usually mark the local bottom.

Some Incidents From The Past 👇

27th June 2022

♦️ Hedge Funds started to short Tether.

💠 The same day, BTC bottomed at $20k and pumped 20% in the next 10 days.

19th Nov 2022

♦️ Tether FUD peaked because of a few basis points depeg.

💠 BTC bottomed around $16.7k and pumped, and since then, it's only going up.

11th March 2023

♦️ USDC depegged and hit 87 cents.

💠 BTC bottomed around $20.4k and then pumped over 47% in a month.

15th June 2023

♦️ USDT slightly depegged and the market started to panic.

💠 BTC bottomed the same day and pumped 20% in the next 7 days.

31st August 2023

♦️ Kaiko reported about the ongoing USDT depeg.

💠 BTC bottomed around $25k, and since then it's up over 50%.

28th Nov 2023

♦️ TUSD depegged and hit $0.995 before coming to its peg.

💠 BTC hit a low of $36,770 and is currently trading at $37,100.

Was $36,770 The Local Bottom?🤔

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THANK YOU!!!

#Fud #BullRun