Don't Pay Attention to the Media

Don't Pay Attention to the Media

As many of you may know crypto is the new hot topic. No matter where I go people want to talk about it. It seems like everyone is making money and that this game is easy. Let me tell you from personal experience that trading may be one of the single most challenging games to master. I have been doing this for 3 years now and would not even consider myself to be a skilled trader. This game will chew you up swish you around and spit you out on the side of the road. The mental exhaustion the overwhelming amount of work it takes for one to become successful is unreal. I love it. I have never found anything more challenging and yet rewarding. In this game you have multiple things to take into account. One of those being the media. The media plays a major role in trading. You could be looking at the best setup in the world. All you have to do is press the button just to watch the media change the game. Lately in the crypto space there has been a lot of hype. This has been good and bad. The media has played a huge roll in this hype. Projections of enormous gains and the marketing of returns unheard of in other markets. As you can imagine this has drawn in a lot of new traders. Not that this is a bad thing but throwing money around without a clue can end very badly. The inexperience within the market is quite evident and those that are all high and mighty will learn a hard lesson from the market eventually. Don’t follow the media they are often delayed and cause poor decision making. With that being said those that use the media to their advantage just add one more weapon to their arsenal.

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