Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.
Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.
Profits is still their top priority. That is why there’s no significance anymore following the news and keeping up with updates, because they seem not happening at all in reality. The most important is we know what should be properly done with our bitcoin when the market is bearish or bullish.
Every industry's priority is profit. Is there any industry that does not prioritize it? Even the health industry which is supposed to be more concerned with life give priority to profit. And that desire to get profit also drives media outlets to perform better. So it is a pro-con thing but one thing is important, don't just believe things that we read online. Have time to research and check them. That way we can avoid doing things that may result in possible financial losses.
Media is just all about FUDS so we should know when to believe it and when not to.
I disagree, media is the major sources of information and isn't all about FUDs. Although the media thinks that having bad news is good news for them because people are more interested in negative news than a positive one, but, the media also reports development, updates, political effect, economic effect, and a lot more. Media is more than spreading FUDs, I bet we all know that but of course, we need to be vigilant because not all that is published online is the truth. We need to verify them especially when it affects the market decision that may possibly bring us losses.