Don’t Get Distracted by the Hype Around Bitcoin

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yi3ld51Full Member
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#1Feb 10, 2019, 02:25 PM
This could really inspire someone about Bitcoin. Try to keep your focus on learning and tune out all the noise. Don’t let the distractions derail you. What really matters about Bitcoin is the knowledge you gain through your own research, not just the random stuff you see online. The internet spreads info super fast, and it’s often a mix of fake news and some real facts. To make sure your Bitcoin choices are spot on without getting sidetracked, check out these basic steps: 1. Commit to learning about Bitcoin. 2. Dedicate your time to it and learn openly. 3. Engage in discussions on forums like this to get Bitcoin-related info. 4. Use other helpful resources to enhance your Bitcoin knowledge. 5. Stay updated with reliable Bitcoin news and sources.
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HyperSageFull Member
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#2Feb 12, 2019, 10:43 AM
Great post OP this really helps to hone things in and put things into perspective. Bitcoin is and has always been a long term hold for me and i do think that eventually more and more people will catch on and they already have
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sam_guruFull Member
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#3Feb 12, 2019, 03:34 PM
Noise on media is overwhelming especially with newbies but if thinking about media noise positively, I see it is good to amplifying exposure of Bitcoin on media, then more people knowing about Bitcoin. From first exposure like this, people as newbies can start to learn about Bitcoin and not all but some of them will become new Bitcoiners. Learning about Bitcoin for newbies. https://learnmeabitcoin.com/beginners/ https://www.lopp.net/bitcoin-information.html https://www.lopp.net/bitcoin-information/bitcoin-explained.html
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real_byteSenior Member
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#4Feb 13, 2019, 09:57 AM
I think the only real motivation anyone is ever going to have is when they start gaining profits on their Bitcoin and they actually can see and feel the difference than simply leaving their money in fiat. That is really the only kind of motivation people need to experience, I would say. But the problem is getting them to start trying Bitcoin. That is really the biggest issue with people who are so set in their old ways that they are afraid to try anything new, no matter how much better it is than the old system.
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silentchainHero Member
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#5Feb 13, 2019, 01:53 PM
I've learnt something, always ignore the noise which are the trends of the market, follow the action price because it's the only way one can reamine sane in the market and know specifically how to trade and when not  to trade in the market, it's simple logic? That's true, the only motivation anybody can get is watching their portfolio grows in big figures, the become happy and ready to sacrifice for the good days. The market is for everyone and also for nobody, if you're eligible and ready to learn, there quite many features and basis to know about the market because that's how to grow. You're not just here to make Ps rather you're here to learn and grow, altogether with the profits. That's a complete growth.
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guru365Full Member
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#6Feb 13, 2019, 05:12 PM
If I may, I believe it is not good to ignore the noise.  The best thing to do is to verify the noise.  This way, we won't be missing out if the noise has truth to back it.  Completely shutting out rumors or hype is not good,  it is best to take note of it, do a research whether these rumors or noise is valid and we can plan our future actions accordingly. It is indeed true that there is a lot of fake news, but there is also news that carries facts and hints on what is happening in the market.  This little factual news can help us take advantage of the situation and act accordingly, either to buy cheaper Bitcoin or sell at a higher price.  After all, most of us are not engaged in Bitcoin because we wanted to understand the core program of BTC but rather to take advantage of the opportunity Bitcoin brings.  In Bitcoin market, learning is good, but we still need to know rumors, hype, and other noise that can give us hints and an advantage.  All we need is to verify them not ignore them.
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r34l_bridgeFull Member
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#7Feb 13, 2019, 07:16 PM
you did a great job with your writings but trust me, no matter how you want to say it, you can't actually take out the internet anytime soon because as long as bitcoin is concerned, it's operations still revolves around the internet which always has alot of distractions and as an investor or a potential investor, what you typically need to do is, stay focused at all times and always remember the goal else you might get really distracted and miss out from the initial goal the worst and funny part of it all is when you finally get them to invest and the market starts turning red after you already promised them green and just first week or month, the market is still red, how do you expect such a person believe in bitcoin again ? so i agree with you that, the best motivation anyone needs is seeing good profits on their investment
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real_byteSenior Member
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#8Feb 13, 2019, 08:46 PM
I could not agree with this part you said. You should not tell anyone that you promise them that the price will go up or down or wherever. This is perhaps the worst thing you can do unless you are a licensed financial adviser. The reason is that the same person, if they are petty enough, could sue you and take you to court because you gave them investment advice and made such a promise. So it is a dangerous thing to do. I do not recommend giving anyone promises or advising that they should or should not invest into something. Explaining Bitcoin from a subjective personal perspective is the best way to go around it. Tell them how it profited you and many others. But never make promises.
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guru2011Full Member
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#9Feb 15, 2019, 09:54 PM
However, hearing bitcoin noise all over the internet is also an advantage because it just means one thing, bitcoin is already in hype, and that also means allowing people from different country and races to express their own POVs and how they will see bitcoin based on their own understanding. Now, as a bitcoin enthusiast and as a person who wants to learn more about bitcoin, its already on us on how we will filter the things that being thrown to bitcoin, positive or negative. A true bitcoiner does not have to be one-sided, but you should be more open-minded and be more flexible to accept the flaws about bitcoin and just embrace it on a positive way.
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r34l_bridgeFull Member
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#10Feb 16, 2019, 12:08 AM
My bad I guess I didn't explain my self properly and what I mean are those guys that try to get people to invest in bitcoin by all means and most times it seems very impossible to get someone to invest in bitcoin without having to tell them about profits and most of these guys end up focusing more on the profits and forget to tell them how volatile the coin can be
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raven88Full Member
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#11Feb 16, 2019, 03:03 AM
For those who have been in bitcoin for a long time, they will actually only consider noise as entertainment and they will only laugh because of this but this condition will not be the same if it happens for those beginners because they always see noise as a reference and in the end they actually feel panicked by the noise that occurs. I once felt at that point where my benchmark was only to the big media that sometimes gave views or fud on bitcoin without seeing other goals which in fact this was only to weaken some people who did not have strong confidence in bitcoin. But over time things like this can be minimized and now I don't even feel worried when there is fud or when being bearish happens with bitcoin inversely when I was at the beginning of my investment in bitcoin. So in this case the noise is indeed difficult to get through especially for beginners but it is precisely with that noise that sometimes we actually become stronger because from the start we are always forged about the problem of belief in bitcoin so that the longer things like that will feel normal.
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cryptolordFull Member
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#12Feb 16, 2019, 08:13 AM
There are so many distractions on the internet, whether it's statements from so-called experts, influencers, or anything else that can make you unsure about Bitcoin. The point is, just try to learn about Bitcoin first and then expand your knowledge. Over time, as you learn, experience, and understand it, you'll begin to believe in Bitcoin. If you have that level of conviction, I think your belief in Bitcoin won't be easily shaken by the noise on the internet.
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cipher_lynxSenior Member
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#13Feb 16, 2019, 09:50 AM
First, as someone who has made up his mind to invest in bitcoin, he should try as much as he can to keep to that decision, and make sure you are not planning to invest with temporary money, which includes money that belongs to others, borrowing or money meant for business investment to be on the safer side and to avoid what will lead to regrets try as much as you can to invest with what you can freely stay without only then will the news and fake talks about bitcoin not have effect on you
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tom.cobraFull Member
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#14Feb 16, 2019, 01:56 PM
People cannot easily ignore the noise about bitcoin because its already a hot topic online and offline. And I think its just normal, but the more you gain high understanding and get a clearer perspective about bitcoin, the more it will be easy for you not to get distracted with the noise and just focus on growing your knowledge and skills regarding with bitcoin. And the moment you enter bitcoin and experience profits, the higher the motivation that you have to get rid of the noise. Because all you want is to gain bigger, consistent profits, and you can only do that if you also learn to dig in into bitcoin and develop deeper knowledge and highly profitable skills and strategies that will help you to unlock your success with bitcoin.
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dan.wolfFull Member
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#15Feb 16, 2019, 04:37 PM
What could someone learn about Bitcoin? Is it the price or the development or other parts of Bitcoin existentialism. Some people be learning about the price movement while others the development aspect, I mean the backend coding behind it. Some people be learning about market structure. All these are good to learn about Bitcoin, but what seems uninteresting is the ability to leverage what have been taught to making money out of the system.
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fox1337Member
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#16Feb 16, 2019, 05:54 PM
Noise in the market are always distractions and paying attention to them leads an investor to an unrealistic investment that will not grow at all or even make your investment crash . To be a successful investor, you must avoid all those market distractions and pay attention to how you will regularly, constantly and persistently build, accumulate and keep holding your investment for a long-term that being carried away with the happenings in the market.
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#17Feb 16, 2019, 07:03 PM
I could not agree with you more on this. I kick myself everyday i did not get in on Bitcoin when it was valued at 10 dollars a coin back in the day. And the only reason I did not was because of the noise around it.
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bit_2016Senior Member
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#18Feb 16, 2019, 07:29 PM
Several years ago, I think most of us were affected easily when there were a lot of bad news and the ones we call the FUD. It's easy to panic at that time until we realized that it's not worth of our energy and holdings to be affected whenever something like that comes out. That's the way of the rich to manipulate the market and make the small investors to be moved by the things they do. And a little by little, we've learnt that the best way is not to get affected by the FUD news. Stay calm at all times and zoom out the charts whenever in doubt.
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cobr4404Full Member
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#19Feb 16, 2019, 08:41 PM
I guess I'm lucky that during the time where I'm still learning about cryptocurrency, there's not that much misinformation that can be seen online, and the only thing that you can see are those information that will help you in the long run. Nowadays, there's a lot of fake news, misinformation and influencers that are misleading these newbies. Back then, it's way easier to ignore the noise because there are only a few of it. Now, it's too many of them that you can't ignore it. The best thing that you can do now if you're a newbie is to learn based from your own experience. There are still legit people out there that are giving legit information online FOR FREE. Find them and focus on learning from them. Also, there are those LLMs out there like ChatGPT and Gemini that can answer your questions accurately. Fake news are everywhere. Noises are everywhere. You can't ignore them, but you can filter them and learn from them.
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c4lmdeg3nSenior Member
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#20Feb 17, 2019, 12:29 AM
Well articulated, if I must say… concise and catchy, and just few point touched. though learning about bitcoin is very important thing and one of the must fundamental things to do must especially when you find your self in a community like this forum. You’ll be exposed to different kind of knowledge as regards to bitcoin technology and it’s investment. but the knowledge is not just enough buy reading alone until you start to practice what you studied you’ll appreciate it more. I remembered when I first joined the forum I wasn’t familiar with a lot of words, acronyms, term like; Node, HODL, Private key, public key, Segwit, p2pkh etc…. But with consistency in my learning and practicing I was able to grasp and now I even support the network by running my own Full bitcoin node. In essence what I’m saying is you should also consider making good use of the knowledge in the forum by diving into bitcoin investment so that you don’t miss out of the  bread too.
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