Is paying curious attentions on the market speculations worth it?

[Proty]

I don't even know if i should not be paying that much attention on the bitcoin market speculation regarded how the news has always been and how the outcome of the market being totally different.
Was it not just last week with the news that Strategy sold 1,690 of bitcoin for approximately $104.7 million? Then speculations with negative odds about how bitcoin price was going to be negatively affected continued to erupt with the believe that other investors will begin sell out of Fomo and wants to opt out before the margin sells begin to have effect in the market.
And currently the market even looks like it has gained some supports to break the long time $65,000 resistance. Meanwhile Strategy sold when the market was trading at $63,000.

The best thing is not to focused on market trends because you may end up taking the wrong decision. If you allow most of this information to get to you, there is high chances of being impulsive. As far as bitcoin is concerned this kind of information will always come up and is left for us not to allow such information to make us to take any wrong decisions out of fear. Sometimes it may be good to turn a deaf ear to whatever that is being speculated about the market because there is no one that can perfectly predict the future price of bitcoin. Therefore your focus should be on building a good bitcoin holdings and not allowing yourself to be move into taking emotional decisions as a result of market sentiment.

[justdimin]

Perhaps it just shows that the market has matured enough that even in the bear market, such negative news does not do anything in the market. Otherwise, there could be an immediate sell-off. But we didn't see that movement in the market.

On the contrary, the price pushes to $65k and they take the advantage of buying instead of selling. So don't be bothered by news that you thought to be negative. As the market might react on the opposite.

I do agree that we are not seeing drops because of news, but that is mainly because we are already in the bear market, which means that weak hands already sold. People who would sell for a news would have already sold by now because of the bear market. And people who have diamond hands and are not selling would not sell for news anyway. This means that it would have worked in a bull market maybe, or a stable market, but in a bear market bad news doesn't really change much when you are near the bottom.

The best time for bad news that would drop the price a lot would be the start of a bear market, because at the start people did not sell yet, but they are about to, and with bad news, they would sell even more. That is how it works in the bear market: at the going-down part, bad news makes it go down even more, and at the part where you are already down, you are already down, so it doesn't take you down. I think that is the main reason.

[Su-asa]

And currently the market even looks like it has gained some supports to break the long time $65,000 resistance. Meanwhile Strategy sold when the market was trading at $63,000.

Disturbing right?
Have you checked the current price of Bitcoin? You need to check if you haven't.
The simple truth is that if you keep listening to most of the things people are saying, you will likely be misled, and it will definitely affect your investment in the future. Imagine those who sold their Bitcoin a few months back because of a random dip and unnecessary panic on the Internet; I'm quite sure that they will be regretting it right now because they sold at the wrong time. However, it will be a bit difficult for long term investors to sell based on trends on words online.

The best thing is not to focused on market trends because you may end up taking the wrong decision. If you allow most of this information to get to you, there is high chances of being impulsive.

This is the same thing I'm trying to say: so far as people listen to what others are saying concerning Bitcoin movement, one day they might end up doing the wrong thing because people normally say both positive and negative things about the movement of Bitcoin.
Investors also need to understand that every word that is said concerning Bitcoin price is just speculation; nothing is guaranteed

[Cryptohygenic]

Perhaps it just shows that the market has matured enough that even in the bear market, such negative news does not do anything in the market. Otherwise, there could be an immediate sell-off. But we didn't see that movement in the market.

On the contrary, the price pushes to $65k and they take the advantage of buying instead of selling. So don't be bothered by news that you thought to be negative. As the market might react on the opposite.

I do agree that we are not seeing drops because of news, but that is mainly because we are already in the bear market, which means that weak hands already sold. People who would sell for a news would have already sold by now because of the bear market. And people who have diamond hands and are not selling would not sell for news anyway. This means that it would have worked in a bull market maybe, or a stable market, but in a bear market bad news doesn't really change much when you are near the bottom.

The best time for bad news that would drop the price a lot would be the start of a bear market, because at the start people did not sell yet, but they are about to, and with bad news, they would sell even more. That is how it works in the bear market: at the going-down part, bad news makes it go down even more, and at the part where you are already down, you are already down, so it doesn't take you down. I think that is the main reason.

You are all on point as distinguished. The bear market does not have to spike fear of missing out on other investors all because of negative news about the market.
Coming to think of it is only someone with different motive that will be ignited to sell their bitcoin over such news which should probably be those who develops emotional weakness that fades their trust that bitcoin is reliable that when bitcoin price is falling aggressively, they fears if the bottom is ever going to have a pause.
It is also notable that news of forcing others to sell could be based of the market conditions being profitable to investors before the bad news.
As for bear market news, it even whispers to buy more than selling or you just hold your position tight.

[Ziskinberg]

The key is, you have to understand that certain market speculation so you can evaluate if its worth paying attention or not. There are useful market speculations and there are those useless ones, those who don't deserve our time and attention. So it really depends on your own market analysis, and how you see bitcoin price could be affected by it or not.

Instead, focus on your own plans and future actions whenever these speculations hit negatively the market. And make those speculations create advantage on you, not threat or scare you.

[Agbamoni]

Yes, I believe paying more attention to speculation is worth it. However, not all speculation is worth giving attention. Some people make speculations for clickbait, some are there for cock and bull stories, and there are others who want to get monetized for engagement. Only a few share genuine information from experience.

We are in a generation where anyone can pick up the mic, face the camera, and start explaining a thing they have no knowledge of. I understand that speculations are not 100% correct,t but to someone with Bitcoin knowledge, they will have a more realistic speculation.

[Barikui1]

I don't even know if i should not be paying that much attention on the bitcoin market speculation regarded how the news has always been and how the outcome of the market being totally different.
Was it not just last week with the news that Strategy sold 1,690 of bitcoin for approximately $104.7 million? Then speculations with negative odds about how bitcoin price was going to be negatively affected continued to erupt with the believe that other investors will begin sell out of Fomo and wants to opt out before the margin sells begin to have effect in the market.
And currently the market even looks like it has gained some supports to break the long time $65,000 resistance. Meanwhile Strategy sold when the market was trading at $63,000.

If you truly want to succeed as a Bitcoin holder, you need to be positive and stay off what's happening in the market because it might get you emotional, and before you know it, you may sell your holdings thinking that their would be a massive drop, just like in this case, but on the contrary, it has moved higher to $77k plus that it is now, so it's very important not to pay any attention to what is going on in the market because it might affect your decision making negatively. So just buy, accumulate and hold for a very long time, because that's the best way to make something big out of your investment.