As a new trader in the game, you just can't run from social media inluence.

[ecnalubma]

Trading obviously requires confidence at a great level, yet so many traders let external opinions get deep into their heads and they end up not trusting their initial process and mapped out plans. It is best to stay disciplined, stick to the strategy and not listen to what others say.

This is a critical observation because the noise you are describing is often the primary reason why even technically sound strategies fail in practice. In the modern trading environment, social media serves as a constant echo chamber of confirmation bias and conflicting opinions that can easily override a trader's original logic. When we comment on our open trades or seek validation from others, we are essentially outsourcing our conviction to strangers who have no stake in our financial survival. This second-guessing is a form of psychological drift that slowly erodes the discipline required to see a trade through to its mapped-out conclusion.

To truly succeed, a trader must treat their mapped-out plan as a sacred contract that cannot be altered by a random post or a trending topic. The ability to remain isolated in one’s decision-making process is a skill just as important as reading a chart or managing risk. If we allow external noise to adjust our seatbelt mid-flight, we aren't actually trading a strategy anymore we are simply reacting to the collective anxiety of the internet. Staying disciplined means accepting that your plan might be wrong, but realizing it is far better to be wrong on your own terms than to be right by accident while following the crowd.

[davis196]

These days so many new traders! just find it difficult to block that constant outside noise that messes with the mindset and mental state of a trading journey!. You will fight hard not to talk about an open trade, but due to those constant temptations & urges to scroll through posts on social media, you will end up commenting your open trade on someone's post, who says something partially related to the coin you are trading!.. And at the end, you will just start second-guessing and adjusting risks like a seatbelt, all because of some random outside noise.

Trading obviously requires confidence at a great level, yet so many traders let external opinions get deep into their heads and they end up not trusting their initial process and mapped out plans. It is best to stay disciplined, stick to the strategy and not listen to what others say.

It seems that you have developed some sort of social media addiction. I don't feel any urge and temptation to scroll through a bunch of meaningless social media slop. The crypto traders on social media are either shilling some shitcoin or spreading FUD and panic(which is mostly for clickbait purposes and gaining attention). I haven't seen any useful information about crypto trading being posted on social media and I would never discuss open trades with anyone on social media. You need to focus on your emotionally stability and try to deal with this growing social media addiction.

[Natalim]

Trading is never meant to be perfect, and there's no perfect trading or perfect trader anyway. So its okay for beginner traders to commit mistakes at first and learn from it. At least they will know then the disadvantage of trusting trading influencers and won't trust them again.

But IMHO, there are also few trading influencers that are somehow be helpful for beginners, so its their choice if they will consider them or not. After all, the more mistakes a new trader experience, the higher the learning experience will be.

Now, if the trader has never learned from it and still make consistent mistakes, it must be that the trader is trading the wrong way.

[Zanab247]

You can only get free impact in this Bitcointalk, because is part of the things the founder of this forum want BTC and crypto users to benefit from thlis forum. Am not saying you cannot get free mentor outside this forum but majority of them are charging for their impact because that is what they are using to feed themselves and their families, but you can get such impact free from Bitcointalk and you will surely develop interest for BTC or crypto trading, because is easy for those that  known about trading to earn profit from their trading.

When you know how to ask question as a new trader, you will not regret for joining BTC trading, because there is no question that related to BTC and crypto trading you will not get the answer from this forum, because there are some traders who went through that situation you are facing now in your trading and they overcame it.

[Maslate]

Learn from the experiences of the old traders. If they tell you not to trust those social media influencers, then believe them because they have been there.

But in reality, no matter how we try to advise a new trader not to do this or that, but if he insist on doing what he thinks is right, then we can't do anything for that. He is the trader so he will set his own rules, and eventually that could be part of his future learning.

Being a trader is tough, that's why it pays to be a knowledgeable and cautious trader in the making.

[justdimin]

New or old we cannot outrun our own human faults. Like getting emotional or falling for someone elses BS.

It does get better with time because you learn to detect and avoid these kind of pitfalls. But nobody is safe, really. It all comes down to making your own strategy and sticking to it with a huge amount of self-discipline, which itself takes a long time to learn.

I have found it better to avoid social media as much as possible. But then again, I do need to check it sometimes for fundamental analysis.

How else is a trader going to get his info?

I would say it does get better, when you are a veteran in trading, you do not look at social media to find clues on what to trade, that doesn't even come to your mind, you use social media for seeing what is popular maybe, but it doesn't change your trading, you trade based on charts and indicators, not influencers. What we can see veterans do as a mistake isn't to see influencers on social media, it's the fact that we can still get emotional during trading and make mistakes.

[Miles2006]

Newbies mostly rely on social influencers, half percent of traders who make their decision base on social influence is a result of ignorance. Lack of knowledge can lead anyone to creating a bigger mistake, it’s best to stay on the safer side whenever trading information comes because not all ideas posted on social media is false but, the problem is being able to differentiate the real from false lies. Actually many mistakes made today is because people easily believe everything posted on the internet, the power of social media is unpredictable at same time everyone should stay careful obviously the internet is not 100% safe for traders and investors.

[shawonngp]

When we enter a trade based on good research and our own strategy, if we see any good or bad news on social media, many people naturally change their decision. In my case, I have followed this several times. As a result, I lost some trades and won some. But most traders are influenced by social media, either panic-selling the trade or keeping it open for a long time. Trading depends on skill, especially for those new to trading, who are primarily dependent on social media, which can lead to high losses. Many influencers on social media post the wrong signals and mislead people for their own personal interests.

[fredericktaylor]

Newbies mostly rely on social influencers, half percent of traders who make their decision base on social influence is a result of ignorance. Lack of knowledge can lead anyone to creating a bigger mistake, it’s best to stay on the safer side whenever trading information comes because not all ideas posted on social media is false but, the problem is being able to differentiate the real from false lies. Actually many mistakes made today is because people easily believe everything posted on the internet, the power of social media is unpredictable at same time everyone should stay careful obviously the internet is not 100% safe for traders and investors.

Due to lack of knowledge, people cannot choose the right way, not all the information on social media is always true, not all the information we see on social media about trading is always true, but to verify this truth, one's own knowledge is very important, without proper knowledge it is not possible to determine what is wrong or what is right. People are greedy and always chase after profit and forget to determine what is right and what is wrong because due to lack of proper knowledge, they start walking on the wrong way, which wastes time, loses money but does not achieve success. Therefore, it is very important to always be aware, expand your knowledge first and then make investment decisions.

[Findingnemo]

Why should you even talk about your open trade in a random social media post? 99% of the people commenting there or replying to the others have no idea but still do in a way like they want to let the people down.

People think it is fun so stop doing that, you made a decision and stick with it, no need for approval/validation from anyone else.

[batang_bitcoin]

When we enter a trade based on good research and our own strategy, if we see any good or bad news on social media, many people naturally change their decision. In my case, I have followed this several times. As a result, I lost some trades and won some. But most traders are influenced by social media, either panic-selling the trade or keeping it open for a long time. Trading depends on skill, especially for those new to trading, who are primarily dependent on social media, which can lead to high losses. Many influencers on social media post the wrong signals and mislead people for their own personal interests.

To me, it has cost me money and lost me a lot of trades. When I think that an influencer is good by their posts and trades, people have to realize that they can alter all of those images and they are free to post their demo results. That's the sad truth that they're only good with those, the majority of them aren't really traders but just clout chasers who are attracting to have more audience and fans because many likes to make money and they know how to do it if it's only for the sake of having more followers. And that's without having to spend a lot of penny on their end.

[Mehmet69]

Due to lack of knowledge, people cannot choose the right way, not all the information on social media is always true, not all the information we see on social media about trading is always true, but to verify this truth, one's own knowledge is very important, without proper knowledge it is not possible to determine what is wrong or what is right. People are greedy and always chase after profit and forget to determine what is right and what is wrong because due to lack of proper knowledge, they start walking on the wrong way, which wastes time, loses money but does not achieve success. Therefore, it is very important to always be aware, expand your knowledge first and then make investment decisions.

Nowadays, most new traders are born after seeing all the tempting campaigns on social media. New traders think that according to those campaigns, they will start getting rich just by depositing money. They compare trading to gambling.

New traders do not want to understand that trading is a learnable subject. It is possible to achieve success in training after a lot of experience with patience. This real truth has been completely changed by some tempting campaigns on social media. As a result, newbies are being deceived again and again and are staying away from trading. Now many people think that trading is a fake. If we want to become a real trader, we all have to learn trading with patience and time.

[dunfida]

When we enter a trade based on good research and our own strategy, if we see any good or bad news on social media, many people naturally change their decision. In my case, I have followed this several times. As a result, I lost some trades and won some. But most traders are influenced by social media, either panic-selling the trade or keeping it open for a long time. Trading depends on skill, especially for those new to trading, who are primarily dependent on social media, which can lead to high losses. Many influencers on social media post the wrong signals and mislead people for their own personal interests.

To me, it has cost me money and lost me a lot of trades. When I think that an influencer is good by their posts and trades, people have to realize that they can alter all of those images and they are free to post their demo results. That's the sad truth that they're only good with those, the majority of them aren't really traders but just clout chasers who are attracting to have more audience and fans because many likes to make money and they know how to do it if it's only for the sake of having more followers. And that's without having to spend a lot of penny on their end.

And thats what you should be that careful on on which you should really know on how to spot out on which one is demo and which one is a real one. Actually its not that hard to spot out on the time that you've made yourself as an experienced one but if you are that a newbie then its most likely you would be falling into the trap on which considering that you do lack of knowledge and awareness of things and thats why lots of them get victimized and later on they would be able to realize that its a total BS on following up these people and its better to mind their own trades rather than on following someone. Although there are some which are legit ones but still it doesnt mean that you would be that heavily relying on them specially if you are that planning to make yourself as a profitable trader or someone whose sustainable.

Learning up trading skills wouldnt be just that be able to achieve in a short period of time on which means that you are able to pass through tons of challenges and hardship before you would be able to acquire such skill. Yes, its hard but its not impossible.

[Bitcoin_people]

Maintaining a sense of discipline is very important in trading, recently we see many posts on social media where people give different opinions about trading. But those who come to trade for the first time do not have much idea about the market and due to their lack of experience and skills, they face losses. Basically, many people risk their money while trading in front of others, so first you need to know the strategy and then you have to trade. If you keep an eye on the strategies of others and plan your mindset accordingly, it will not lead to anything good. But when you have a good plan according to your strategy, then you will definitely be able to stay disciplined and change your mindset and be successful in trading.

[Gozie51]

Newbies mostly rely on social influencers, half percent of traders who make their decision base on social influence is a result of ignorance. Lack of knowledge can lead anyone to creating a bigger mistake, it’s best to stay on the safer side whenever trading information comes because not all ideas posted on social media is false but, the problem is being able to differentiate the real from false lies. Actually many mistakes made today is because people easily believe everything posted on the internet, the power of social media is unpredictable at same time everyone should stay careful obviously the internet is not 100% safe for traders and investors.

Being a new trader also means trier stage and I believe no trader will leave a working strategy and plan that they map out which they have made withdrawal from to follow noise from social media. So the point is no trader that follows such noise that is profitable. It is that loses that pushes traders to look for means of profitable trading and not that they are not discipline. For a trader who is making profit then you don't need those noise because they are distraction. Giving attention to noise is for newbies or unprofitable traders. However, you can make noise become something useful if you get the part that you can utilize for your own trading advantage.

[Pandu Geddon]

Trading obviously requires confidence at a great level, yet so many traders let external opinions get deep into their heads and they end up not trusting their initial process and mapped out plans. It is best to stay disciplined, stick to the strategy and not listen to what others say.

It is indeed better to ignore the noise happening outside. Focusing on oneself can also be a contribution to our trading skills. But there are also other people's experiences that can help us grow faster. In fact, other people's words are not really a problem. What matters is our ability to filter everything. Some things can help, while others can actually harm. A novice mistake in trading is trusting random information too much, because they do not yet have the ability to validate the correct information.

[rachael9385]

These days so many new traders! just find it difficult to block that constant outside noise that messes with the mindset and mental state of a trading journey!. You will fight hard not to talk about an open trade, but due to those constant temptations & urges to scroll through posts on social media, you will end up commenting your open trade on someone's post, who says something partially related to the coin you are trading!.. And at the end, you will just start second-guessing and adjusting risks like a seatbelt, all because of some random outside noise.

Trading obviously requires confidence at a great level, yet so many traders let external opinions get deep into their heads and they end up not trusting their initial process and mapped out plans. It is best to stay disciplined, stick to the strategy and not listen to what others say.

It is your choice to get distracted by social media, this doesn't really apply to everyone. first of all you should know that majority of the things that sre posted about trading on social media is a lie, you should be able to know the informations that you are supposed to take and the ones to ignore, don't get controlled or influenced by what you see on the media.

[Agbe]

Social media has given people most especially youths an unrealistic expectation of what trading is supposed to be, people are being sold fake dreams constantly and as a result of that they chase standards they cannot really meet up with .Most of these so called influencersor trading mentors don't make their money from trading, they make their money from other sources and deceive people so they can sell their courses.

[Nahl]

Listening from social media influencers is not always be bad because i believe out there some of influencers is the real traders and they were share their knowledges and experience about the market to the public for free and the purposes why they did that because these influencers wanted public to know that trading can be learned and success but it took many of process because even expert traders did the mistakes and suffering huge loss but people should beware of influencers who always be flexing about luxury things and share stories about their profit because most like these influencers is fake and there was no trader who really can beat the market

[Odusko]

The social media space have played an important role in cryptocurrency trading and we can say that their roles are both positive and negative but the whole experience depends on how the individual trader approach them, taking their information is good but doing your own trading research is important to give you more insight and directions.