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Just as the Bitcoin turmoil continues, crypto traders have taken to Telegram to voice their feelings. Crypto investors can reduce their anxiety about losses by joining the “Bear Market Screaming Therapy Group” on Telegram. A Hong Kong protester with a petrol bomb. File photo: Dylan Hollingsworth/HKFP. Developing social channels based on exchanging a single message isn’t exactly new, of course. Back in 2014, the “Yo” app was launched with the sole purpose of enabling users to send each other the greeting “Yo.” While some crypto traders move toward screaming as a coping mechanism, many mental health experts have argued that “scream therapy” is pseudoscience. Scientific research or no, it obviously feels good. Matt Hussey, editorial director of NEAR Protocol (and former editor-in-chief of Decrypt) responded to the news of the Telegram group with “#meIRL.”
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