MultiversX Tracker is Live!

This is why everyone else hates crypto people

All Cryptocurrencies

by COINS NEWS 195 Views

From time to time I'll see people around here post thread or message in the daily chat complaining about the fact that "people are so hostile to us in other subreddits".

Well, I have spent the last few months hanging out around here, and I believe I have found why that is : delusion and collective hysteria.

Seriously, I love this sub, but it has to be one of the biggest echo chamber out there, its even worst than wallstreetbets. Every bullish comment gets upvoted, and every even so slightly bearish comment gets downvoted, thats the r/cryptocurrency way! People get told to buy when the coin is up, when its down, when it rug pull, before the update, after the update, after the news, if you'd listen to people here you'd always buy! Not only that, but you'd buy the shitcoins that get promoted over and over again. If you even dare suggesting that an altcoin in particular might not be of much value long term, you get the army of shitcoin bagholders to silence you.

The result is people are scared to say what they think, they dont wanna go against the r/cryptocurrency party line.What makes things worse is the moon system, which litteraly provide rewards for participating in the echo chamber. The more bullish the comment, the more upvotes it gets! This cycle fuels a machine which slowly makes all of us more and more delusional, until we inevitably fall into collective hysteria. Problem is when you leave this sub, you sometimes don't realize you're also leaving the dogma, and everyone else that wasnt exposed to it perceive your opinion as absurdly bullish, leaving them thinking that you're either crazy or full of shit.

I dont have a solution to offer, I just wanted to point it out.

submitted by /u/AdamMcSmith
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments