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The Media Warns You to Stay Away From Bitcoin when it's Low, But Celebrates When it hits New All Time Highs.

All Cryptocurrencies

by COINS NEWS 225 Views

Like this article from March of 2019.

https://www.cnbc.com/2019/04/02/dont-buy-bitcoin-says-wealth-manager-peter-mallouk.html

$5000BTC? Oh no.
Some expert outlining the fact that there are 1000s of shitcoins as the reason it will collapse.

Funny because he's not mentioning that there have been, and still are 1000s of shit stocks out there. "1000s of" doesn't determine the value of Ethereum, Bitcoin, XLM or whatever credible crypto.

But come time for New ATHs.

What's this?....it's hit $50K? HODL?

https://www.cnbc.com/2021/02/17/bitcoin-btc-price-smashes-through-51000-to-hit-new-all-time-high.html

This is amazing. Let's talk about how amazing it is at $50K

They started off with...

Major investment banks appear to be warming to bitcoin, while Tesla and other firms have also shown support for the cryptocurrency

Basically hinting that big things are happening.

Articles like that FOMO people into it.

The media does this with the housing market too.

I will never forget hearing clips from 2007.. Houses going up, Everyone is buying and taking out equity...look this one guy flipped his home and is now looking good

Then the market crashed. When the market was at its low. They tell you to stay away from real estate. ????

So in other words. The media seems like a bigger risk to me. It really is true. Run when they FOMO, buy when they are scared.

submitted by /u/JuicySpark
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