This is the best way to take full advantage of Bitcoin in the years to come.

The Bitcoin world is definitely a world apart. For all investors used to the traditional financial markets who come to the world of Bitcoin, there is a necessary adjustment time. Note that some people never get used to it and end up leaving this world disappointed or even bitter.

Where the stock market is controlled by regulators and circuit breakers prevent large price swings, Bitcoin is the only truly free market in the world.

Bitcoin users are constantly able to find the equilibrium price for Bitcoin.

If Bitcoin’s price changes by 30% in a day, no one will stop the movement. Only the will of the investors can change the trend. This is how free markets work.

As a result, Bitcoin’s price volatility is a feature, not a bug.

The slightest rumor can quickly take on incredible proportions in the Bitcoin world. You go to bed one night with the price of Bitcoin at $43K, and when you wake up, the price of Bitcoin has dropped more than $10K due to a simple tweet from Elon Musk.

While the more seasoned investors understood that Elon Musk was probably trying to manipulate the price of Bitcoin to his advantage, the majority of short-term HODLers ended up selling Bitcoin at a loss.

These people lack confidence in Bitcoin and will get caught up in what I call the noise.

As soon as the price of Bitcoin starts to fall because of a tweet from Elon Musk, you’re going to have people taking advantage of the opportunity to fan the flames of chaos by rehashing the risk of Bitcoin being banned in China. This will accelerate the fall in Bitcoin’s price.

Others will report rumors of investigations in the United States against certain exchange platforms for money laundering practices. Of course, these rumors are never sourced. This is the hallmark of all the FUD (Fear, Uncertainty, and Doubt) messages that are voiced on social media.

The purpose of these messages is to cause panic so that market sentiment sinks into extreme fear.

Whales and institutional investors take advantage of every opportunity that the market offers them. For them, buying Bitcoin at $35K is a no-brainer. In contrast, retail investors hesitate and do not take action. They are paralyzed by the fear that the price of Bitcoin will fall even lower.

The problem is that these retail investors only have a short-term view of things. With Bitcoin, this is an unforgiving mistake. You have to take the long view. If you can do that, you’ll understand why buying Bitcoin at $35K is a unique opportunity.

All the news and rumors that are flying around often give investors the impression that as much happens in a week in the Bitcoin world as happens in an entire quarter in the stock market.

This is indeed true. Bitcoin is a young, fast-moving world. Things are moving very fast.

To be able to enjoy the Bitcoin revolution with peace of mind, it’s essential to learn how to filter out all the noise. You need to sort out the information that doesn’t provide any value and the information that really matters for the future of Bitcoin.

Here’s the latest example. On June 3, 2021, Elon Musk published a tweet suggesting that his love affair with Bitcoin was over:

This promoted rejection around the $40K resistance for the price of Bitcoin with its price dropping to $36K within minutes.

This tweet from Elon Musk is clearly noise that adds nothing and most importantly changes nothing to the fundamentals of Bitcoin. You should ignore this type of useless information even though it is coming from a visionary entrepreneur with over 55 million followers on Twitter.

Elon Musk has great power, but he is using it irresponsibly.

Instead of giving more importance than necessary to Elon Musk’s tweets and other FUD rumors on social media, you should ask yourself the right questions about the Bitcoin revolution:

To all of these questions, you will come to answer yes. While the ambient noise distracts many short-term HODLers from the real signal, you need to filter it all out and focus solely on the Bitcoin revolution.

If you do, then you’ll be able to seize all the opportunities that the free market that is Bitcoin offers. Instead of being subjected to price manipulation by whales or influential people like Elon Musk, you will be able to take advantage of it.

So it’s in your best interest to take this approach and be among those who will be most rewarded by the Bitcoin revolution in the years to come.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.inbitcoinwetrust.net/bitcoin-investors-ambient-noise-is-your-enemy-learn-to-filter-it-out-to-focus-on-the-real-signal-14ae7cdebd94?source=rss——-8—————–cryptocurrency