Bitcoin Price with Google Trends

in #hive-16792217 days ago

I was seeing the past 5 years data of the Google Trends for the Bitcoin. As you can see from the last 2 months when the Bitcoin price is increasing like anything, the search trends are also increasing. Till now it is not as much as in 2020 but still I feel it has the potential to go up from here.

Screenshot_20241130_205032_Chrome.jpg
PC: Google.com

Actually all these content creators and finfluencers are actually try to talk about stuff which is trending. And since 100K for Bitcoin is a huge moment. And thus people are actually creating the content around it. A lot of who were against crypto is suggesting to have some exposure in crypto and what not.

And because of that a lot of people's curiosity increased and that's why the Google search is increasing. I am seeing much more content about how to get 10x from a coin if you join inner circle, or how to get tips to get successful. They are also showing that how someone with just 300$ has made his portfolio 15x in last 2 months. And because of that a lot if newbies are falling into the trap of FOMO.

People join that circle with huge amount like $200 or something like that and thus you just get tips for executing some strategy. Now I am not saying that everyone would be bad. And people who don't have time to research usually fall for this. To be honest, I too have fall for this only to lose money. And since I learned it hard way, I know what they usually do.

But again I am seeing a lot of people are actually trying to pay $200 do that they can also earn big in this bull run. Usually people like these comes every time whenever there is a bull run and thus in bear time they just vanish. So even though if you make good amount in the bull run that's good but you have to invest as per your knowledge or take help from the individual who are in this for long and not them who shows their face only at the time of bull run.

And that's how people usually take advantage of something which is trending.


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