A reminder about the media

[kawetsriyanto]

Media purpose is always to attract people with something interesting. They apply varied ways, including predicting a very convincing trend. That's why it wasn't surprising if there were many media who claimed BTC skyrocketed to $100k in the previous bullrun season. In reality, Bitcoin never reached $100k, never passed $90k, or not even close to the predicted prices. This is a warning for everyone to not trust the media 100%, always do our own research to predict the next trend or next crypto prices.

By the way, lately we must hear that some media claimed Bitcoin price may drop to $10k or even lower than $10k. It is not so different from the same FUDs in 2021, the media try to attract people with these FUDs. Also, the whales may be the factor behind the FUDs spreading by the media. They may have the intention to influence BTC holders to do panic selling. So, they can buy as many as Bitcoin and altcoins at very cheap prices.

- https://www.bloomberg.com/news/articles/2022-07-10/bitcoin-faces-another-50-drop-wall-street-says-mliv-pulse
- https://www.kitco.com/news/2022-08-11/Bitcoin-to-fall-to-below-10k-won-t-see-new-highs-again-Peter-Schiff.html

*Just ignore them, they are only made to make us feel worried. 

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[GreatArkansas]

This is already proven even before. Media is one of the big players in the market, especially in cryptocurrency, these media platforms are always there trying to manipulate the minds of every people, especially these new people who are coming into the cryptocurrency market.
Also before there are a lot of rumors that whales, the big companies are connected with big media platforms to manipulate the market. So always verify.

[Fundamentals Of]

It is not so hard to notice how the media is generally biased against Bitcoin. They cannot seem to be objective in reporting news about Bitcoin. They always side with the negative possibilities or tendencies. They are always looking at things from the perspective of a critic and an ill-wisher.

For many years the mainstream media has declared Bitcoin dead. That happened since the price of Bitcoin was lower than $10. It went on and on until the price reached $50,000 and beyond.

If they're truly objective, they should have given weight to Bitcoin's increase from 0 to $69,000 rather than from $69,000 to $20,000. It made them very obvious with their motives.

[Sebas.tian]

Many people has missed their opportunity in the past,  because they listen to Media than their own personal research before carry out a particular project in the community. Now that investors and traders are experiencing bearish market, which is the best opportunity to buy coins and hold for future purpose, but some media news will be telling you not to buy coins in this period that the price will still decrease more than $14000, which will be difficult for investors and traders to experience in this bearish market. If you want to remain in profits making in the community, learn how to depend on your personal research than media news, because many people has lost their incomes based on they listen to Media than their own personal research.

[sulendra12]

Sometimes your crypto friends and groups are more reliable than those mainstream internet medias out there.

They probably only doing it just for the sake of views and fames without doing some double check before writing the articles on their sites. Whenever they see the big speculators say something, then they are gonna blatantly copy the whole thing because they think that's the most correct one in this regards. Looking at news are fine but it's always better to validate the news by yourself.

[Silberman]

Many people has missed their opportunity in the past,  because they listen to Media than their own personal research before carry out a particular project in the community. Now that investors and traders are experiencing bearish market, which is the best opportunity to buy coins and hold for future purpose, but some media news will be telling you not to buy coins in this period that the price will still decrease more than $14000, which will be difficult for investors and traders to experience in this bearish market. If you want to remain in profits making in the community, learn how to depend on your personal research than media news, because many people has lost their incomes based on they listen to Media than their own personal research.

To add to this we need to think about what the successful traders and investors around the world would do, do they listen to what the media says and follow the advice they read or they decide to do what their own research tells them? And it is obvious they do the latter 100% of the time, no one can become successful following what the media tells you, because if you dig hard enough you will find all kind of contradictory information when it comes to the markets, so you may as well do what your skills tell you, because even if you are mistaken and you lose money you will learn something from this and the next time you find yourself in the same situation you will not make the same mistake again.

[mindrust]

I'd like to remind those of you who feel wear down by the  market and the media headlines make them feel even worse.
You wake up, check the news and get served a bunch of FUD about bitcoin. Then you go to youtube and get another dose because most bitcoiners there turned into bearish haters.
Here's a quick reminder that they're wrong every time and always follow the trend.

09 November 2021
Bitcoin (BTC) At New ATH, Key Factors Showing Why We Are At Beginning of the Mega Bull Run
https://cryptonews.net/en/2576747/

12 November 2021
Bitcoin due to hit $90K 'in coming weeks' despite pullback — Latest technical analysis
https://cointelegraph.com/news/bitcoin-due-to-hit-90k-in-coming-weeks-despite-pullback-latest-technical-analysis

Stay strong and don't follow the media

Youtube and legacy media (TV, newspaper, magazines) are all about getting clicks/interaction. They don't care if the news is accurate or not, if their predictions make sense... No. They only want you to read their crap and get the ad providers' money. Basically they are feeding you with bullshit to get the ad givers money. The more ridiculous bullshit they spew out, the more shit flies they attract. That's why we have seen crazy price estimates like $1.000.000. Some dude which is dead by now even said he is going to eat his dick if bitcoin hits $1.000.000.

[kamvreto]

Sometimes your crypto friends and groups are more reliable than those mainstream internet medias out there.

They probably only doing it just for the sake of views and fames without doing some double check before writing the articles on their sites. Whenever they see the big speculators say something, then they are gonna blatantly copy the whole thing because they think that's the most correct one in this regards. Looking at news are fine but it's always better to validate the news by yourself.

filtering the news we read might be very good to apply. Because a lot of negative news is not in accordance with reality. The big media that started reporting that bitcoin and crypto were too extreme certainly had a purpose behind the news. Problems like FTX are even being reported to destabilize the market. Just look at the moment, the bitcoin price touched the $15800k area and this is a decline caused by some negative sentiment.
Technicals will remain the benchmark for where the bitcoin price will go, fundamentals are only complementary and those who manipulate the news have little or no influence.

[darkangel11]

Sometimes your crypto friends and groups are more reliable than those mainstream internet medias out there.

They probably only doing it just for the sake of views and fames without doing some double check before writing the articles on their sites. Whenever they see the big speculators say something, then they are gonna blatantly copy the whole thing because they think that's the most correct one in this regards. Looking at news are fine but it's always better to validate the news by yourself.

I'd say they usually are more reliable. The Internet allows everyone to state their opinions but platforms like youtube filter them for you by recommending you people with a lot of views. I don't watch channels that present opinions. I don't want them to try to convert me and I don't want to waste time arguing with them. When I go online I just watch computer gaming or music videos. I stay as far from media outlets as I can. 

[Mpamaegbu]

Let me paraphrase one of the few expressions here in 2018 or so, "Get ear plugs and plug them in whenever there's FUD on Bitcoin." It was a thing then but didn't make much meaning to me because it was during a bear season and I was losing money as my portfolio was steadily going down. My investment was dwindling and some people were advising I acted like nothing was happening? It was the most bizarre situation to be in at the time. Happily, today I know better. I would also encourage those who are experiencing great losses during a bear season (on Bitcoin) to do same too with the ear plug thing with the media. Sieve out the media and its FUD on Bitcoin.

[TheUltraElite]

The use of crypto news media should only be to keep track of what's new and happening in the crypto sphere. Not to make predictions or place orders from. Major technical analysis done here will be failing and they are only posted for filling their daily quota of articles.

So better to treat the coin prices as just numbers and not get influenced by the news that keeps on going on and on, good or bad.

The more you see the news the more confused you will become and that will affect your trading decisions and the chance of making money.

[Tubicolous]

I think it is crucial to filter the news related to crypto, what we watch about it, and the frequency of watching it because the more we watch it, the more anxiety it causes if it is negative news. Plus, there are not many credible news sources to verify online. So doing our own research is far better than depending on the news itself.

[Blawpaw]

I'd like to remind those of you who feel wear down by the  market and the media headlines make them feel even worse.
You wake up, check the news and get served a bunch of FUD about bitcoin. Then you go to youtube and get another dose because most bitcoiners there turned into bearish haters.
Here's a quick reminder that they're wrong every time and always follow the trend.

09 November 2021
Bitcoin (BTC) At New ATH, Key Factors Showing Why We Are At Beginning of the Mega Bull Run
https://cryptonews.net/en/2576747/

12 November 2021
Bitcoin due to hit $90K 'in coming weeks' despite pullback — Latest technical analysis
https://cointelegraph.com/news/bitcoin-due-to-hit-90k-in-coming-weeks-despite-pullback-latest-technical-analysis

Stay strong and don't follow the media

You should actually pay attention to the news. It is more than known that usually they just produce FUD content. However, it can actually be very helpful information as you should do exactly the opposite of what the news tell you and you should be in the money.

Big investor groups control the news, so the usual trader or user will shake everytime he hears the news and his actions will also be influenced by the news. That's how they play it, so you should hear the news and do precisely the contrary.

[Gallar]

I'd like to remind those of you who feel wear down by the  market and the media headlines make them feel even worse.
You wake up, check the news and get served a bunch of FUD about bitcoin. Then you go to youtube and get another dose because most bitcoiners there turned into bearish haters.
Here's a quick reminder that they're wrong every time and always follow the trend.

As true bitcoiners, we have to see this situation from many perspectives, don't just blame bitcoin and get sidetracked by skewed news.
maybe people like that are beginners, because if not beginners, it can't be like that.
An investor who doesn't value when the market goes down, he certainly won't get the market going up either.

[Gallar]

This is already proven even before. Media is one of the big players in the market, especially in cryptocurrency, these media platforms are always there trying to manipulate the minds of every people, especially these new people who are coming into the cryptocurrency market.
Also before there are a lot of rumors that whales, the big companies are connected with big media platforms to manipulate the market. So always verify.

now every time I open my browser I will find news saying that bitcoin will become extinct, but after I read the article, it's just the market going down as usual, and a normal cycle.
Beginners will definitely easily believe in news like that, because the news can scare investors, especially beginners.

[Nrcewker]

We should follow media, but yes follow only legitimate news source or medias. We should strictly avoid the media who just fuses up everything in the sake of clickbait and hence it makes our moral down. We are the Gen Z people, we know how the world works. So definitely when we talk about Bitcoins and investments, we are well aware of all the situations. This bear market will soon end. So instead of panicking, think wisely and buy Bitcoins in this low price. This is the best thing one should do.

[CryptoHeadlineNews]

I'd like to remind those of you who feel wear down by the  market and the media headlines make them feel even worse.
You wake up, check the news and get served a bunch of FUD about bitcoin. Then you go to youtube and get another dose because most bitcoiners there turned into bearish haters.
Here's a quick reminder that they're wrong every time and always follow the trend.

09 November 2021
Bitcoin (BTC) At New ATH, Key Factors Showing Why We Are At Beginning of the Mega Bull Run
https://cryptonews.net/en/2576747/

12 November 2021
Bitcoin due to hit $90K 'in coming weeks' despite pullback — Latest technical analysis
https://cointelegraph.com/news/bitcoin-due-to-hit-90k-in-coming-weeks-despite-pullback-latest-technical-analysis

Stay strong and don't follow the media

And the truth of the matter is that media will always tell a story the way people wants to hear, while taking advantage of the current market movement just to drive traffic to earn a penny, because I can remember last year how we got so many prediction after the ATH bull market, of people saying Bitcoin could likely hit $100k before the end of December 2021 simply because the market was bull back then, and likewise same thing now happening all over the media of most people predicting Bitcoin couldd fall to $10k due to the recent bear market caused as a result If FTX hack and Russia/Ukraine war
So the fact here is that there will always be news on social media predicting the possible price movement of Bitcoin at all times.

Here are examples as a result of the recent bear market



bitcoin can still go to zero Peter Brandt says

how crypto goes to zero

[Antonas1]

Bad news is good news ^{(for money)}. And there are those who use the media to control the market.

I am a person who doesn't really follow/read news in the media about cryptocurrencies. The news will be good for traders, but not for me. I don't care. I'm not a trader. I only buy when I have the money (fiat), hold it, and change to fiat if I need (even if the price drops).

[Yatsan]

Media has both down and up sides. If good news would be caught by the media, then expect that it would be passed to more people creating a bigger and longer wave for the market value of cryptos. But also its counterpart with issues which often causes worry especially to those who are not knowledgeable enough. New investors are highly and could be easily persuaded. A normal reaction given that it is money we are talking about. But for the same reason, people should know more about their investment to not be carried away into the cliff one day.

We should follow media, but yes follow only legitimate news source or medias. We should strictly avoid the media who just fuses up everything in the sake of clickbait and hence it makes our moral down. We are the Gen Z people, we know how the world works. So definitely when we talk about Bitcoins and investments, we are well aware of all the situations. This bear market will soon end. So instead of panicking, think wisely and buy Bitcoins in this low price. This is the best thing one should do.

Not always the good part of your investment. One should also know its downsides in order to be prepared for it. If an investor would only eye in the profit, then expect a shocking scenario given how volatile the market is.

[Findingnemo]

I do want to remind something to the HODLers which is stop looking at the price everyday which will create more frustration and along with the media influence amateurs can make wrong choices and decide to sell at the wrong time. Look at the successful investors strategy whenever they see red all they do is buy as much as they can if the company/ assets/ crypto has potential to grow.