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Topic: Importance of Emotions - Stay Away from Social Media (Read 303 times)

member
Activity: 434
Merit: 10
Only few days left until we know If there is really a Bull run until then we need to make our mental and emotional healthy from staying on negative things about bitcoin, hodling is more challenging this time because of the dramatically deep down of the price we really need to do something else to stop thinking about the market price like outdoors activity.
We should not give much information to strangers because they may be doing things we do not know, so be careful about strangers. Bitcoins will always be open. You want to participate in trading transactions
hero member
Activity: 2268
Merit: 588
You own the pen
Only few days left until we know If there is really a Bull run until then we need to make our mental and emotional healthy from staying on negative things about bitcoin, hodling is more challenging this time because of the dramatically deep down of the price we really need to do something else to stop thinking about the market price like outdoors activity.
full member
Activity: 952
Merit: 107
Every time there is a big drop I checked the latest news why it's happening and what are the causes but I avoid reading people's opinion about Bitcoin because it is quite depressing they are posting that Bitcoin is over and going to die, if you are weak of heart you will be carried away, and by the way why ask donation there is nothing in your post that deserves a tip, not even a merit will do.
I agree. Those comments won't helpful and discourage you. We have to stay away from negative people because they influence easily which is bad that we decide not even good. We have to be strong and stay on what we believe in and do not listen to others who are negative thinker because they will wait to see how worth it to have it while the price is cheap.
hero member
Activity: 658
Merit: 503
Of course, it is very important to move away or avoid any form of negativity that has the ecosystem at this time, this same forum can be an example, every 3 posts 1 is talking about the end of bitcoin, as if these dips did not happen every year and in the end cryptos recovered ... always recovered.
jr. member
Activity: 154
Merit: 1
I generally try not to read news at a bear market since they don’t write truthful information there
newbie
Activity: 72
Merit: 0
Big problem with social media is "Bad news will flow to everyone fast but good news does not " 1 bad news is enough to create a negative impresion   , but 100 good news will  not make them a positive impression  
member
Activity: 448
Merit: 10
A Blockchain Mobile Operator With Token Rewards
Often we are provoked by the news from social media so this is what happens in crypto panic, negative news about crypto easily spreads and gives concern and makes us emotional. If we are still patient and staying calm means we can think wisely and be able to control emotions about negative news.
jr. member
Activity: 294
Merit: 1
Emotions is not a good partner in crypto market. Every trader must keep the head cold and just increase the number of coins in such market to get more profit on the bullish trend.
sr. member
Activity: 742
Merit: 251
PRIVATE FEDERATED BLOCKCHAIN
there is also important social media for information seeking news that is truly valid to believe, indeed for now the situation is experiencing chaos on social media especially on cryptocurrency, before social media can be an important means for crypto fans, hopefully in the future social media will become more good and trustworthy
full member
Activity: 546
Merit: 100
I think that is true,we need to stay away from social media because all we know that in social media there is a lot of negative comments and blogs that you can read or watch about bitclin and I think it is not healthy for us to see and read about it because our iggerness and being motivated to earn bitcoin will affect. For me we need to stay motivated to avoid us lazy in what we are doing. On my own opinion we dont need any suggestion or opinion coming from social media because all we know what we are doing so dont make your self confused and the best thing is browsing in social media.
jr. member
Activity: 73
Merit: 1
I am glue to social media. Tell me, my friend, at this present market situation, do you really stay from away from the social media? reading news about the bitcoin and the general market! Social Media is part of the game, speculation is the stimulating factor in this space as we discuss this. A single news can move the price of BTC to $8,000 and TA will just be disappointed.
I strongly disagree with you. I do understand the power social media can have but crypto industry got far more complex than just a year ago. Positive and negative news really have a small impact on the industry, even with malicious bot posts on Facebook and Twitter, aiming at starters to artificially bring down the price. Yes, I do stay away from social media a times like these but I can only speak for myself. Others might chip in their thoughts as well. Market manipulation is far bigger than just social media and my post aims at individuals and traders that work with (a lot) smaller values of coins right now. Also, I think that with discipline, anyone can abstain from Facebook or few days without problems Smiley
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
I understand that such a drop can render anyone down to an emotional breakdown,

it is mostly because the market participants are mostly newbies who panic sell in face of a little manipulation and also some of them even love the drops. you can see from the troll accounts that became active in the past couple of days (the example is the second post here) that have been wishing for the dumps so that they could make some quick buck from the volatility.

TA,... won't work either because this is not a natural drop. it is manipulation.
jr. member
Activity: 73
Merit: 1
Every time there is a big drop I checked the latest news why it's happening and what are the causes but I avoid reading people's opinion about Bitcoin because it is quite depressing they are posting that Bitcoin is over and going to die, if you are weak of heart you will be carried away, and by the way why ask donation there is nothing in your post that deserves a tip, not even a merit will do.
That's because I am an idiot that did not elaborate properly. Fixed!
copper member
Activity: 98
Merit: 16
Harder to stay away from social media is a part of life of people to get latest news in our life, either bad news or good news or fake news to know what will happen in the world industry specially in cryptocurrency for those people holding huge amount of coins.

True, Social media is a necessary evil. Once you keep off, you won't know what is going on and you will be left ages behind by the different trends. For example, if a crash happens, you won't know when to make swift decisions
newbie
Activity: 38
Merit: 0
totally agree but I do hope we see that bull run sooner rather than later....
copper member
Activity: 2128
Merit: 1814
฿itcoin for all, All for ฿itcoin.
Quote
I do not think $20.000 is realistic, even in 2019
Many people never thought 20,000 would be possible last year either. Sometimes you just gotta believe. If it happened last time then it could happen again only that no one can predict the exact time for sure
member
Activity: 308
Merit: 11
Personally i have a healthy (i think) distrust of social media and whats is posted on it. This is a shame as social media could do so much good, unfortunately it seems to me to full of morons who will do and say anything to get attention no matter who gets hurt, and this of course impacts on what could and should be a tremendously liberating technology (bitcoin) that takes power from vast multinational conglomerates such as the banks and puts it back into the hands of the people. Social media scare stories and sensationalizing of news is a contributory factor in the wild swings in the crypto market which can and will hurt those whose knowledge and understanding of crypto is limited by encouraging them to invest when they are not familiar with the risks.   
sr. member
Activity: 2030
Merit: 269
Every time there is a big drop I checked the latest news why it's happening and what are the causes but I avoid reading people's opinion about Bitcoin because it is quite depressing they are posting that Bitcoin is over and going to die, if you are weak of heart you will be carried away, and by the way why ask donation there is nothing in your post that deserves a tip, not even a merit will do.
full member
Activity: 2590
Merit: 228
Harder to stay away from social media is a part of life of people to get latest news in our life, either bad news or good news or fake news to know what will happen in the world industry specially in cryptocurrency for those people holding huge amount of coins.

member
Activity: 350
Merit: 10
BitbondSTO.com | Germany’s First STO | Earn Stable
IMO, it all depends on how mentally we are, in a market condition like this, I also take the time to continue to explore social media related to crypto just to add insight, and of course to train us that the words of FUDders are merely nonsense, crypto will have a moment, so indeed when the downfall moment occurs, we just need to be patient
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