False news in the world of Crypto causes a lot of loss

[Jone20 0]

News has an important and influential role in the movement of cryptocurrency prices, but unfortunately, not all news presented is true and true news, but many of them are false news that has goals that interact with the fake news and publish it on several means of social communication.
And since the human nature has a response and acceptance to believe the big and influential news, whether it is true or false, the phenomenon of spreading fake news increases, and what is amplified by the news is more, it is re-published by some sites specialized in cryptocurrencies as these sites do not search for the sources of the news and its health, which makes the matter worse.
Therefore, I advise you, before making a wrong decision about a currency, to investigate the news you receive and search the main source of the news, and whether it is reliable or not.

[Jessica Karren 1242]

Exactly lot of misconceptions creates due to false news which leads to loss in money for many people. We can't control these false news here because here everyone is free to say anything. 

[Philippe2001 356]

False news leads to a loss of money and a loss of time in tracking the news. Focus must be.
 The sources of false news cannot be trusted and should be checked before investing.

[magd 5231]

Yes, I have talked a lot about the importance of stopping the setting of unheard price expectations because this has a significant negative impact as it leads to buying and selling resulting from fear of loss in the event of a price drop and thus damages to cryptocurrencies

[DokAgsikap 145]

Its been 3yrs for me here in crypto world, and everytime there will be a FUD, people do FOMO, and it is the main reason of market crashes, I hope that people will not be deceive so easily by this fake news , but whales are happy because they can hoard more.

[sashaalexandrev 1499]

I completely agree with you,there are a lot of lies in cryptography, so I always watch a reliable source about cryptocurrency news.

[Saj555 2250]

Sometimes the outside world news affects the crypto world and it's trading badly. Disinformation publishing in the media or social media causes a great loss to the market. But maybe they shouldn't spread the false news because it is a great threat for the disappearance of a currency. But a user must always research about the news. 

[Dmasked 1840]

Crypto news are often used to manipulate traders into selling at low price or buying at high price. Such news are initiated by influential parties like whales who misuse their influence for their personal benefit. It is very necessary to check the source of the news that you rely on as advice.

[rekter 8129]

3 hours ago, Jone20 said:

*snip*

You can't escape misinformation or fud, it exist in everywhere in life where there is money to be made. And this is even easier with cryptos when people don't grasp the technology. We can only educate people, that's the only thing that helps a little.

[bliznec 22267]

Of course, today if they start to make sure that there is no news and, especially, bad ones about cryptocurrencies. This does not affect the price of bitcoin very well. 

[Syed Al Mamun 876]

Like all i think it's a main obstacle to develop the Crypto currency. If you see the online, newspaper, magazine etc. Then there many types traps are available here.

[CryptoMaxim 3829]

I have repeatedly encountered changes in the prices of a traded pair after any news. When trading, it is not worth generally reading exchange chats there are many spammers who write false information.

[Shahud 1319]

yes yiu are right bro.publishimg some gake news in the crypto market will create a big loss tp evrry people who believe in such rumours.some people just spread such fake news only for their profit.so we should never believe on that untill we find the news with the officials

[malik6314193 5449]

Yes information play a important role in crypto world. But there i alot of fake news surroundes. Fake prediction is one of them. We hould be careful about these things. 

[Dark_Sky 8489]

On 4/18/2020 at 9:12 PM, Jessica Karren said:

Exactly lot of misconceptions creates due to false news which leads to loss in money for many people. We can't control these false news here because here everyone is free to say anything. 

Just be careful on what to believe and be wise. 

Do some research about the said news first before spreading it. 

Also avoid sharing the knowledge without proper source or evidence. 

[George10 9932]

It's true mate the flow of fake news in crypto is real and has a great impact on cryptocurrency cause it can cause someone to make loss therefore, it is important to do some research on every crypto news we receive to prove if it is  real or not and thanks for sharing about this awareness.

[Honny143 13612]

Crypto currency works  freedomly no one controls, so some positive news pump up crypto market, like any celebrity gives positive reaction then market shows good performance, but any false news spread in market then situation is panic and market goes down and we face loss.

[Shivam1 428]

On 4/18/2020 at 6:35 PM, Jone20 said:

News has an important and influential role in the movement of cryptocurrency prices, but unfortunately, not all news presented is true and true news, but many of them are false news that has goals that interact with the fake news and publish it on several means of social communication.
And since the human nature has a response and acceptance to believe the big and influential news, whether it is true or false, the phenomenon of spreading fake news increases, and what is amplified by the news is more, it is re-published by some sites specialized in cryptocurrencies as these sites do not search for the sources of the news and its health, which makes the matter worse.
Therefore, I advise you, before making a wrong decision about a currency, to investigate the news you receive and search the main source of the news, and whether it is reliable or not.

There are many news related to crypto currency are wrong. But many news are also helpful. Some fake news whose related to crypto currency are spreading fast. So first search and then trust on any news.

[kadayakito 765]

right. Not all information is the same, not everyone is so honest when facing a source of information should not be evaluated immediately, must have an understanding. Do not believe all news from others.

[Trader21 1199]

My dear you are absolutely true about that. Cause of disinformation people lose their money. Before doing something we must really know, is it true or not. It is so important instead of relying on others, we should make own research. 

[DokAgsikap 145]

36 minutes ago, Trader21 said:

My dear you are absolutely true about that. Cause of disinformation people lose their money. Before doing something we must really know, is it true or not. It is so important instead of relying on others, we should make own research. 

Yes, that is the main problem for the traders, having a weak heart . We need to stay strong and do not invest to much to fake news and allegations we need a strong proof first before anything else, we need to make sure that , the news we are reading is true.

[Laboni 755]

I agree with you, in order to do business there will be a loss, so you need to verify the information from different places and then work. The false news of the crypto world causes a lot of losses because they have to break it down a bit and not have to despair of doing business.

[Virgil dijk 1431]

That's true most news could be fake and lead people to wrong transaction so it's better to always make inquiries and make several researches of information for you get to be very sure so as not to take the wrong decisions.

[Dark_Sky 8489]

On 4/19/2020 at 3:11 AM, Nicer216 said:

I guess that it is very bad, because a lot of humans always believing in everything what is stated in the news and sometimes due to it make a lot of mistakes, so, we should believe only to sources in which you have any doubt 

That's right. 

So I hope we learned thay not all news are real so we must investigate or do some research first before we believe in something that has been posted. 

Much better to know things because it's real and not fake. 

[SuperCrypto 7193]

The truth is that even political news and ads lack transparency and responsibility to be understood and clear. So although the Internet is a tool for individuals and companies, it is also a tool for political forces and this is dangerous if it is not noticed.