Anyone that is interested on becoming an investor or a trader needs to learn how to tune out all the noise they are going to hear on social media and those signal groups, and this is because if we were to believe everything we hear there then the market will be pumping and dumping all the time.
And since that is not the case then it is easy to conclude that despite the extreme volatility of the market people want an even greater level of volatility, but since the market is not going to move according to our wishes and reading those signals will only make us uneasy about our strategy then it is better to learn how to ignore them.
That is a tough thing to do when there is only those noises everywhere and all that. But that doesn't mean that you have to listen to them, you can definitely make sure that you are hearing only the good ones and that way you could avoid it as much as you can.
The loud noises are an issue and the louder it gets the harder it is to ignore them. Sometimes when you see everyone talk about the same thing, you are going to end up with a lot of hard time ignoring them. However, it is not the numbers that make a group right, just because they are crowded doesn't mean they are right, it just means that a wrong thing was more popular that day. So, you keep yourself together and try to avoid them as long as you possibly can.
Without a doubt ignoring the noise is difficult especially during times of great uncertainty, but it has to be done, otherwise we will become subject to be manipulated and act based on FOMO or FUD, and neither of those two attitudes are the correct way to face the market.
We need to be aware that other investors want their competitors to make mistakes, as it is the only way they can make money, and they are not above trying to incite all kind of chaos in order to make sure this happens.