Cryptocurrency

Crypto Reddit Psychology: Have You SEEN This Study?!



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⛓️ 🔗 Useful Links 🔗 ⛓️

► Reddit Study Full Text: https://www.researchsquare.com/article/rs-1814512/v1

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– TIMESTAMPS –
0:00 Intro
1:18 About The Report
3:55 Justification
6:06 Methodology
10:16 Results
14:39 Discussion
18:22 What Does It Mean For Crypto?
20:28 Outro

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #Reddit #psychology #bearmarket

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36 Comments

  1. Coin Bureau

    Hope you guys enjoyed this breakdown! I seriously wish they delayed the report for at least a month or more so they could get the craziness of May & June in there – but it's interesting nonetheless. Don't forget that you can follow me on my socials for all the content that you are not getting here 👉 https://guy.coinbureau.com/socials/

  2. VMMC

    The cryptocurrency subreddit became more bearable during this bear market (okay that was bad, even for me). But really, you can find some useful information in the comments, unlike how it was in the bull market when everyone was blinded by the hype talking about 100k Bitcoin and whatnot.

  3. Chihiro Ogino

    You shouldn’t cover studies that aren’t peer reviewed. It might sound to us, but we’re not the experts. Let the professionals figure out if it’s worth taking seriously.

  7. yanda polis

    From r/bitcoin to r/buttcoin it's all echo chambers. Pro crypto/btc subreddits are telling everyone to HODL to support the movement and other sensationalizing blah blah blahs. Turns out, HODLing is actually the worst strategy and it's for lazy people. Traders who get to buy low and sell high are the real winners. It's better to prioritize your finance over some movement that will not weep for you if you lost too much $$$ from it. If all hell break lose to crypto, HODLers will be REKT while traders have sold a week before it happens.

  9. LightspeedBriefs

    I wish your videos could be more succinct… Sometimes it feels like you're actively trying to pad your videos out to always have to be at least 20 minutes. I feel most of the findings here could have probably been summarized with a chart and about 10-12 minutes instead of 22.

  11. Dave Commander

    Isn’t it good for the market if everyone bought when the market was high then the market goes down (like it is now) but it stays down and never comes back up, making investors keep their stock in hopes that it will go back up and they never sell, and in turn the crypto currency becomes stable?

  12. Dr

    It's no different to working in the stockmarket do you know how many traders throw themselves of buildings every year? and that's regulated.

  14. Richard Cooper

    Oh boy you mentioned Queensland Uni while showing a picture of Sydney in New South Wales. That is like showing an image Manchester while talking about a Liverpool institution 😰😆

  15. Schleppy Zee

    I look at the fact Adobe is over 100 billion mcap, Google's revenue is 80% from ads, and Paypals chart looks like an alt coin.

    Finviz, a traditionally non-crypto site, has a section for crypto, but also lists BTC under their Forex page as well.

    Yep.

  17. james mathews

    one thing I noticed last year in a few crypto groups. someone would post about a coin if the majority of them said this coin is pumping to the moon it would dump within the hour of the post being made. but if it had the opposite reaction and everyone said it was going down that coin would pump within the hour. seen these posts constantly it was constantly doing the opposite of people's opinions.

  19. Facundo Gabriel Guzmán

    I spent lots of time in Reddit during the bull run (time when I got in), I still spend time in there, but I learnt a lot. Biggest mistakes: taking advice from Reddit when coins where shilled. I learned. Now I try to do my research.

  22. Kelvin Bamfield

    Queensland Australia is good for weather, beaches, fun, but not education or research as they rely on grants, payoffs, and good sheeple marching in line to the policeman whistle. Turn the lights of when you leave

  24. doc214

    If you can’t use it to buy goods and services it’s not a currency. It’s a “tulip bulb”
    “ dependent ultimately on finding the next “greater fool.” Don’t be caught standing when the music stops.

  26. ftlengineer

    The biggest problem I can see with this study is how much the choice of sub affects your experience. I tend to frequent Ethfinance, and have consistently found it a good experience. I am doubtful Reddit's larger subs are a good place for anything, though: bug subs attract a lot of scams and behavior problems.

  28. madh16

    Best decision I ever made was selling while heavily in the red just to buy back weeks later after the price continued to plummet. Saved myself so much money. It's not every day you can say selling in the red was a wise choice.

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