CryptoCurrencies : The Negative Psychological Impact of Fake News in CryptoSpace
Bitcoin BTC

CryptoCurrencies : The Negative Psychological Impact of Fake News in CryptoSpace


Good day dear friends, colleagues, crypto enthusiasts of every crypto,

I hope you are well. I wish you a very good day.

In this article, I should speak to you about the very negative impact of the fake news in the crypto-space.

And every investors should know about that : 

 

Everytime a bunch of news arrive on the scene, some people called "whales" try to take all the new money arriving on the market, and then they dump it with a bunch of negative news.

The problem arises with all the people using social networks to make you believe that XRP will hit 589$ before the end of 2018 and 2019 and 2020.

It's  not honest and it is highly risky and dangerous for the retail investors, that thus believe that kind of false things and inject all their spared money in such volatile assets.

The question of Ponzi Scheme has been asked many times for every crypto-currencies, and especially for the proof of work(mining).

You maybe remember of the bitconnect scam.... long story, isn't it ?

 

Some people spread news which are absolutely not verified , they give you hopes of Bitcoin hitting 1 Billion dollar. Among those news, there are many lies, and purely speculative news which are there to take controle of your emotions (FOMO, greedy....)

So the retail investors lose their money while whales make their bags bigger.

And imagine what can be the long-term consequences about the trust of retail investors

Be careful.

 

Thank yo for reading my article.

ps : if you wish getting lots of crypto BAT for free, by converting your time spent on internet into BAT Crypto, simply download Brave Browser and use it everyday : 

https://brave.com/xrp150

 

(affiliation link)


Digital Asset Culture - YouTube Channel - France
Digital Asset Culture - YouTube Channel - France

PhD CLICK HERE to JOIN CELSIUS NETWORK (on mobile) to Earn Interests/rewards on your Crypto, using my referral code:  1348507ebe   when signing up and earn $20 in BTC with your first transfer of $200 or more! https://celsiusnetwork.app.link/1348507ebe 


Analysis of CryptoCurrencies
Analysis of CryptoCurrencies

In this blog, we analyze cryptocurrencies, their prices, their projects, and the feeling of the market and I try to inform you the best as I can. Here is my YouTube Channel: https://www.youtube.com/channel/UCzjok6WSZHI8X47ezVvjzVA?sub_confirmation=1

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.