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Topic: A reminder about the media - page 2. (Read 578 times)

hero member
Activity: 1484
Merit: 928
November 25, 2022, 02:12:19 AM
#49
When it comes to bitcoin, I really don't believe anything I see on the Internet, because I know there are so many people out there who want it to die. Even people who don't know anything about bitcoin will still criticize it. If bitcoin were to follow the news on the internet, it would already be extinct by now. If you want to invest in bitcoin, you should just disregard what you hear on internet or you might endup losing hope.
hero member
Activity: 3164
Merit: 937
November 25, 2022, 01:51:28 AM
#48
The mainstream media would never be favorable towards cryptocurrencies. Way too many banks, investment funds and other fiat financial companies are advertising on the mainstream media. That's why it will always favor the fiat financial system.
I don't bother reading news about crypto on online newsletters or big blogs. The news are either FUD or straight on hating on crypto, mostly because "it's not regulated and there are way too many scams". Even when the ATH was hit on November 2021, most mainstream media was criticizing Bitcoin for being a giant bubble, which is about to burst. That was partially true, most Bitcoin bull markets are basically price bubbles, but there's nothing wrong with that.
hero member
Activity: 1316
Merit: 787
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November 25, 2022, 01:25:13 AM
#47
Stay strong and don't follow the media Cool
Nice reminder OP  Smiley

It is enough just to give a smile when reading news like that because after all we need to read the media to find out information. However, regarding the truth of the information displayed by the media, we must first consider it, not immediately accept it as truth because the actual accuracy of the data is the benchmark.
Often at the end of the news they write this information is only based on the author's thoughts not to be used as a reference.
full member
Activity: 1582
Merit: 132
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November 24, 2022, 06:25:45 PM
#46
Why trust the media 100% if we already know that sometimes the media only reports negative news about Bitcoin, news from one party, based on pressure or requests from certain parties.. The media will continue to make something that goes viral because they always want to get money from the news. For some reason, nowadays, the media seems to only focus on getting people to read their news, not the essence because sometimes their reports don't match up. That's why we have to be wiser and smarter in managing all news from the media. Maybe there are times when that is true, but we should cross-check to find out what's behind the news. As is Bitcoin's ugliness and FUD. We already know and even understand, so it would be better if we were not influenced by the media. We need to be vigilant because sometimes unknowingly, the media leads us to bad opinions about Bitcoin and its aftermath.
legendary
Activity: 1288
Merit: 1081
Goodnight, o_e_l_e_o 🌹
November 24, 2022, 05:32:08 PM
#45
If your level of maturity in this industry has not gotten to the extent that you have to ignore the media and also ignore the speculation that is making wave run the media and even in this forum, know that you are not mature enough to handle the things of Bitcoin.

I have come to an absolute idea about bitcoin and that is the fact that bitcoin is cyclical and your ability to know the cycle you are into and when next the cycle will end all new cycle begin is all you need to strive and succeed in the cryptocurrency industry.

When the media masters peddle false information they will do it to extreme and when they want to follow up a good information they will over-exaggerate it. Remember how the $100,000 target was defeated.
It is high time we learn only to buy low and sell high. If you think you don't know the low, just know the last ATH and compare it to the present price and you could make your decisions.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
November 24, 2022, 04:37:01 PM
#44
People should be aware that the media can both make and destroy them, the media will always claim to be for the truth, but in fact, they are just interested in traffic and revenue for their authors.
I recall when bitcoin was making waves, setting new all-time highs, it was all bull headlines upon bull headlines but a little negative news, they will write more than what is required or needed for investors, which leads me to believe that the media always has short or open positions in the bitcoin market, they know they control the market and they know they can change people's views on the market and they use that to their advantage, don't listen to the media. It's no surprise that Donald Trump never takes them seriously.
sr. member
Activity: 2828
Merit: 344
win lambo...
November 24, 2022, 04:34:24 PM
#43
Don't believe everything you hear and read. In today's world, opinions are often just that - opinions, and the truth of the matter may not be there at all. That's why it's always important to think for yourself, avoid media sensationalism, and do your research if you want to make informed decisions on investing in the markets. The point is, the current market movement does not exists because of people's opinions, but because of a big money global information distribution industry, who could be at the same time publishers, advertisers and the entire media stream.

Too unfortunate and now that hard to find a reliable source of information if the media can't be trusted anymore. I'm not going to disclose the fact that this is really happening but I think, some media are still doing their best in order to provide useful and reliable information. But some media has been controlled by politicians or business institutions and they have nothing to do but throw negativity against others.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
November 24, 2022, 04:07:01 PM
#42
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.
I feel like they do not even tell a story the way people want to hear, they just tell a story that will get a lot more attention. This doesn't need to be what people want to hear, as long as it gets attention, it could be hatred as well as long as it gets clicks.

That’s what media cares about these days, clicks, which means that they can tell the truth, tell the lie, tell good thing, tell bad thing, it really doesn't matter to them as long as they can get attention. One million unique visitors to a website equals to a HUGE company, and I mean huge, and you need just one website. So, it is very important to attract people to the website all together.
legendary
Activity: 1624
Merit: 2594
Top Crypto Casino
November 24, 2022, 02:44:43 PM
#41
Don't believe everything you hear and read. In today's world, opinions are often just that - opinions, and the truth of the matter may not be there at all. That's why it's always important to think for yourself, avoid media sensationalism, and do your research if you want to make informed decisions on investing in the markets. The point is, the current market movement does not exists because of people's opinions, but because of a big money global information distribution industry, who could be at the same time publishers, advertisers and the entire media stream.
hero member
Activity: 3052
Merit: 606
November 24, 2022, 02:22:54 PM
#40
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. Media is just all about FUDS so we should know when to believe it and when not to.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
November 24, 2022, 11:50:34 AM
#39
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.
legendary
Activity: 2576
Merit: 1252
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November 24, 2022, 09:06:47 AM
#38
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.
hero member
Activity: 1092
Merit: 747
November 24, 2022, 05:27:26 AM
#37
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 Cool
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
copper member
Activity: 2268
Merit: 539
DGbet.fun - Crypto Sportsbook
November 24, 2022, 04:15:29 AM
#36
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.
sr. member
Activity: 812
Merit: 365
November 24, 2022, 04:08:49 AM
#35
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.
sr. member
Activity: 812
Merit: 365
November 24, 2022, 04:02:04 AM
#34
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.
legendary
Activity: 1596
Merit: 1027
November 24, 2022, 03:53:21 AM
#33
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 Cool

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.
newbie
Activity: 17
Merit: 0
November 24, 2022, 02:53:26 AM
#32
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.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
November 22, 2022, 05:41:37 AM
#31
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.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
November 21, 2022, 03:53:18 PM
#30
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.
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