When I was drinking my coffee last week, and was reading through my favourite #crypto socials, 90% of the info I saw was about price. #Bitcoin not holding support, a selloff in #XRP coming in, #Chainlink continuing a downtrend pattern, this was a bear trap, we go under 20k,…
Shouldn’t we rather talk a bit more about fundamentals or/and all the positive news happening in the space? When the nights are dark and full of terrors, shouldn’t we bring some light?
Let's see another example: what's more in the news, the price of Tesla stocks and what's Elon doing today, or the work of engineers trying to make better batteries?
The internals/fundamentals are boring, they don't really change, they can't make the news pretty much on the daily basis.
But price fluctuations and speculation? Oh boy! They can fill plenty of pages about that.
And the average Joe doesn't understand nor cares much about the "rocket science". But the news about price are.. also accessible.
Those who really care about the price they can see the charts and that's all.
Even more, those who want to understand a tad more on the price area may have difficulties in finding somebody with meaningful TA articles or posts.
So it's not necessarily "always about price", it's more about the hunger of news writers for.. anything that's changing, interesting and also accessible.