Quote from: Stalker22 on December 19, 2021, 03:25:06 PM

Quote from: virasog on December 19, 2021, 05:16:07 AM

Whenever there is a dump in bitcoin prices we see negative sentiments everywhere followed by negative news. Due to this everyone is affected and not only the newbie's investors.
Most people come in crypto trading thinking that they will only see their portfolio grow. This is not the case in reality and they should be prepared for both types of market conditions, bearish and bullish.

Following up on that, you have to remember that a large part of the media likes to publish themost outrageous things, and in particular, if there is information on that which can be used to agitate a market, that news will be spread all over the place. In fact, some news channels seem to have an agenda which they are trying to prove, such as certain stories about certain problems which are affecting the bitcoin community. When things like that happen, often reporters will take things out of context and mislead people in order to generate interest in their network. However, those who read deeper can easily understand that this "news" is not what it seems at all. The message they send out is often completely distorted and misguided.

We need to understand that the media is like any other business and as such they need to attract viewers to their own networks, and when the competition is so fierce then the more outrageous their claims and views about a topic the more views they get, as those that think like that will agree with them and those that disagree will try to disprove their claims.

As such it is important to not let that FUD affect us, as a lot of people have sold their coins thinking the market will crash all the way to zero only to be disappointed when that is not the case and the price goes up way beyond their expectations.