There's no doubt that social media plays essential roles in our lives and to the entire cryptocurrency market but we also have forgotten the negative implications of it and how it has damaged many home and relationship, people lost their investment due to inappropriate detailing of information and to get it from a reliable source had made many peoples lifes in a living hell. For instance, you might be active on social media while having important thing to doing inside instead of to focused one might end up being distracted.

Social media also affects newbie's investors meaning they might get a fake news on media thinking it's an automatic information, like for an example, a famous influencer tweets about a particular coin and tokens people might rush to buy such token or coin without knowing that it was just a trap planned for people to fall prey, after they might have invested heavily the project may end up sinking leaving people with regret.

Sometimes there are fake news flying all over that may cause you to panic and sell or even making bitcoin price to soar or dip. Media is something we can't do away from our lives because it's an important part of our living but in as much as that we should be able to simplify and scale out the weaning parts of it otherwise we might ends up witness the bad parts of it.