Santiment Marketing Director: When five panic words such as FUD and liquidation are frequently used, it may indicate that the crypto market has bottomed out

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ChainCatcher reported that according to Cointelegraph, Brian Quinlavin, market director of encryption research company Santiment, said in a blog post that when five major "panic" words are frequently used on social media, it may indicate that the cryptocurrency market has bottomed out.

These words are "FUD," "sell," "death," "hit," and "liquidation." Taking a "contrarian approach" to social media sentiment is often the right decision.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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