It’s that time again. Crypto is booming, and the media is having a field day. After years of skepticism and cautious headlines, suddenly every coin is “the next big thing.” If you’re new to crypto, or even if you’ve been around a while, it’s very easy to get caught up in the noise.
But, let’s be real here. You need to keep your focus. When it started Dogecoin was just a meme coin, and the next thing is some “expert” saying it’ll hit $10. You see that, and it’s hard not to start dreaming. After all, at $0.31, buying a stack of Doge feels like a no-brainer. But that’s the trap. The media knows exactly how to hook us, and during a bull market, the hooks are everywhere. This is just one example, do you want another one? Right, here we go. I almost wanted to spend my savings to buy myself 1000 XRP! Why? Well uhm, of course, there's another 'expert' writing that 1000 XRP can be the way to financial freedom! And yeah, I desperately want financial freedom! Who doesn't want that, duh! And that's the thing, you have to keep your focus, especially now!
When Negativity Flips to Hype
Just think about how things were a couple of years ago. Back then, most articles about crypto were dripping with doubt. “Is Bitcoin a Bubble?” “The Death of Crypto?” You couldn’t go a week without someone predicting the end of it all.
Now? It’s a completely different story. Every headline screams about new records and coins going “to the moon.” XRP, Cardano, Ethereum—you name it. It’s enough to make anyone feel like they’re missing out if they’re not buying everything in sight.
But here’s the thing: the hype doesn’t mean the predictions are true. Sure, some of it might have merit, but a lot of it? It’s designed to grab your attention, stir up excitement, and, let’s be honest, sell ads.
Here’s where it gets tricky. Let’s say you read an article claiming that Cardano is about to be adopted by a whole country. You think, “Wow, that sounds legit,” and suddenly, you’re considering throwing a chunk of your savings into ADA. Or maybe it’s Bitcoin. “It’s still under $100K,” the headlines shout. “Next year, it’s going to $225K!”.
It’s tempting, right? But if you’re not careful, these kinds of promises can lead you to make rash decisions. I’ve been there—caught up in the excitement, thinking, “What if this is my chance?” But crypto is volatile. Nothing is guaranteed, no matter how convincing an article or analyst sounds. I know how it feels, I have also lost a considerable amount of money because I let myself be fooled by the hype created by the media, and not to forget by a lack of knowledge of the media and crypto. If you believe that the media has your best interests at heart and that they write the truth, then you will be disappointed.
One of the hardest parts of navigating a bull market is figuring out who to listen to. There are analysts out there who genuinely know their stuff. They’ve studied the market, they understand the technology, and they back up their predictions with solid data.
And then there are the others. The ones who toss around big numbers without much to back them up. The ones who seem more interested in going viral than being accurate.
It’s not just analysts, either. Some crypto projects pay for positive media coverage. That’s why you’ll see glowing articles about coins you’ve barely heard of, hyping them up as “the next Bitcoin.” It’s a lot to sift through, and it’s why doing your research is so important.
So, how do you keep your head on straight when the market is buzzing with hype? Here are a few things I’ve learned along the way:
Take a Step Back: When you see a headline that makes you want to buy immediately, pause. Ask yourself, “Does this make sense?”
Check the Source: Not all news outlets are created equal. Look for ones with a track record of reliable reporting, not just sensational headlines.
Do Your Homework: Before investing in any coin, dig into it. What’s the tech behind it? Who’s on the team? Does it solve a real problem? If you can’t answer those questions, think twice.
Be Skeptical: Remember, bold claims need solid evidence. If someone’s saying a coin is going to 10x in a month, it’s worth asking, “Why?”
Look, I get it. The excitement of a bull market is contagious. When everyone’s talking about massive gains and financial freedom, it’s hard not to get swept up in it. But the truth is, crypto isn’t a get-rich-quick scheme. It’s a volatile, unpredictable market, and the only way to navigate it safely is by staying informed and cautious.
The media will keep hyping up coins, throwing around wild predictions, and making it all sound too good to be true. And maybe some of it will be true. But it’s up to you to separate the facts from the fluff.
Crypto "gurus", doctors and professionals of each field have something in common " difficult to find the suitable and genuine one", in many cases, it is much better D.Y.O.
!BBH
@brofund! @fiberfrau likes your content! so I just sent 1 BBH to your account on behalf of @fiberfrau. (1/20)
Good advice for sure!
I've actually still been seeing a lot of FUD from the media lately. I would have thought we would be past that point by now, but they have been hitting the FUD train hard. Maybe not quite as bad as last cycle, but still pretty bad.
I'm hoping that HBAR will trade at one dollar before DOGE
As the saying goes...buy on rumors and sell on news.
Thank you for sharing valuable information. I think the average person who wants to profit from crypto should seek guidance from a Subject Matter Expert (SME) who can help them structure a strategy that best fit their objectives.
May Positive pepEntropy be with you.
!LOLZ
lolztoken.com
Don’t worry I won’t spread it.
Credit: reddit
@brofund, I sent you an $LOLZ on behalf of fjworld
(2/10)
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