Topic: Caution: Don't get carried away by social media vibes while trading (Read 584 times)

This is so true. Social media news can never be trusted. Everyone is free to write on social media and you never know who is behind a signal on facebook. Do your own research and read posts of senior members here, that will give you enough confidence to trade effectively.

You can trade the news, buy the rumour and all that but know when it's just shilling ongoing and nothing more. Those kind of coins are what you stay away from. Sure they give the best return of investment if you were lucky to get in at the right moment but be cautious as it can go crashing at anything and if you weren't smart enough you get dumped on.

The problem with these hyped coins is that newbie think they're good investment choices instead if just trading them like how other speculators are doing. Holding onto hyped coins can turn out to be the worst mistakes you can make in the industry.

When you see the profits you secure it and wait for room to re-enter the market if the buzz around the project is still ongoing. Never go in with funds you won't be comfortable losing though.

We should trade not to be affected by the signals from other people, because there are some people who use social media to make the coins
they bought before pumping, so they can make a profit. Therefore, I have often said on several topics in this forum, if we want to become
a successful trader, must be able to analyze market movements on your own. And use other people's signals only for comparison, then avoid
joining the pump and dump trading group. Because the group only uses its members for personal gain.

Even experienced ones isnt an exception because we arent that perfect that can easily tell which one is pure fud and shill and which one is something legit for you to look or consider on.

We can make out presumptions on making out analysis out of those informations but which one will be somewhat the toughest thing to be done.You would need those details so that

you can at least include it into your consideration or adding up on your analysis.Those things are always present so dont get surprised and dont gea easily yourself attached with it.

It is true, that such a paradigm only applies when we are still in 2015, whereas now is no longer the time to have speculation or primitive belief that buying cheap coins will provide big profits in the future.
because the current growth of coins is like random and has no permanent pattern. in other words, many new coins have cheap prices, but in the end it didn't take long, died in the middle of the road and finished leaving investors with huge losses because they had already ripped off quite a large dollar.
so to save the paradigm there is only one way, namely focus on bitcoin holdings and you will be safe in the future.

- New people are easy to fall into a psychological trap but the old is still no exception, knowledge and experience allow us to analyze more thoroughly a problem but also because of this calculation, our arrogance once again wants to challenge the market and prove ourselves, emotions will be heightened and make the same mistakes as newbies when looking at information on social networks. Almost when social media gives out information about a certain token, I often stay away from these antics, no matter if it is right or wrong, not sure too many opportunities, participating is just wasted time and loss

I think as BTC market cap increases it will become harder to manipulate it. I would assume that we will arrive one day to a more stable and less volatile BTC. We may need to wait years for that to happen. The very best to you all, J

Most of all, it is beginners who can be at risk, those who do not have very good knowledge, and also do not know how to prioritize, paying attention to various information tricks of various scammers. I believe that most traders are more cautious about social media and the safety of their assets.

That doesn't mean all information there should be considered valid, social media gives room for any information to be circulated in the matter of minutes, there's no time for it to be filtered and authenticated although not trying to say we have to live in a world where everything is approved before we can get the news but at least some sort of authenticity should be done.

If you based your trading from social media, you might end up losing all your capital as before a coin get shilled on the platforms it has already been bought by the shillers, now out of fomo if you buy in late you'll be the one buying the bags from the shillers which you'll likely get dumped on.

Building up yourself to be tough in decision to be made when you do deal up with market where emotions should really be set aside and if you are someone who do easily
reacts anytime on hearing out some vibes then that might really be a big problem into you trading career because you do easily get distracted or influenced because of those things
and letting yourself get carried away and as said that with due experience you can really able to control up this thing.
You would realize the benefits and the problems that it can cause if you are really that keen on listening or reacting from time to time.

It is nothing new but scammers are always trying to find a way to disguise what they are doing so newbies keep falling into their traps and keep losing money, and the worst part of all is that they are being successful, newbies come to this market thinking they are going to become rich in just a few weeks and when people like us tell them this is not possible but they can obtain big profits with bitcoin as long as they hold for the long term they do not want to believe it.

Then they find people like these scammers that tell them exactly what they want to hear and think we know nothing about the market, then they get scammed and come here crying they have lost their money and hoping a miracle happens and they can recover their money, and then when we tell them this is not possible they leave the market thinking everyone is a scammer when they were the ones at fault to begin with.

They'll use any venue to attract people to invest with their chosen coin, it's tough but if you understand the concept you'll be able
to avoid this kind of scheme.

Never to let those kinds of social media hypes interfere in any of your decision making, go with your own assessment trust your guts
and continue learning by your own observations.

Sometimes, this is true. If we are only following any hype and then we are FOMO, this will not be good. because we will always buy the coins when pump and then the price will commonly drop so significantly and easily because the hype era has ended. This case really happens to newcomers in cryptocurrency. Only following the news and fundamentals news on social media or others, and then get trapped on the high-price buying.

But, how do you know that the price is the lowest one? We cannot know it. But, we may see the prospect of the coins after buying, not because of the hype, but more because of some fundamentals issues that really relate to the coins and trusted enough (not based on hype). Additionally, every coin has its own up and down phase. It also needs to analyze whether the right time to buy, whether in a market correction.

Lol there is really nothing new about this tactics, it is what is called pump and dump and there are people who their business is just that; they just go around looking for coins that they are going to pump and dump and that’s it for them, they don’t care about other traders or how their actions will be affecting those tokens, they are just interested in their pockets and that’s all.

So, it’s really nothing new, you will even see a lot of them that have groups on telegram and you will see them on Twitter and other social medias, looking for members that are going to join their P and D groups and they are also scammers. Best to stay clear from them.

Unfortunately greed is bigger than IQ for most people. That is a sad fact, if you can convince people that they are going to make so much money that they will be capable of doing whatever the hell they want with the millions of dollars they will get and not have to deal with anyone, they will actually not care about what is going on and end up investing into it.

We have seen this thousands of times in crypto and god knows how many times in fiat world as well, people are way too greedy about things. That is why I think it is quite important to realize that we need to make a profit based on numbers and stats and not what some people say, people can say whatever they want but nobody can predict the market, only the numbers can speak about what the market is doing and that is what you should be trading for, that way at least you could profit a bit better.

Social media influencer knows how to play with our emotions, heck even hackers know the psychology or the nature of people that's why you really don't know that you are being scam at point blank.


This is how you fight them off, look at every angle of things, not just when you see $$$ you will readily invest. Everyone should use our common sense, its not that hard, you just need to be grounded all the time.

they are flooding the social media with coins that they want people to buy but i dont get carried away when they see it  but i feel irritated because they are spamming my wall  .
they arent helping me to cope up my stress that i had after a whole day of working because i use social media to get entertained .
last night when i open tiktok i saw a few content about btc but this dont make me mad because man that was btc and i can get benefit with that advertisement they do because i already have a btc .

That is a big mistake, people need to begin to learn how to use their common sense, they need to begin to question why someone that supposedly knows what the market is going to do is willing to give that information away for free? When you think about it you see that it doesn't make sense, if you knew what the market was going to do you should keep quiet and invest all the money that you can in such an asset that you know is going to go up.

It is obvious that those that are out there in social media telling you what coin to buy do so because they have already invested in that coin and they are expecting some other people to come to that market, buy the coin, make its price rise and benefit out of you when they sell their coins and they crash the market, but for some reason people never think of this, which is why we see so many traders losing their money relatively quickly when they invest on those coins.

You wont really be called professional if you do still stuck into this kind of common mistake or emotional error even though getting rid of it isnt going to be 100% but somewhat
it can really be lessen or handled out once you do gain up experience.It is hard because someone could only handle things up if he does already know on how market do works.
When everything he had able to see or grasp on on what would happen if he had reacted out of these shills and vibes that circulating in the market.You shouldnt let yourself
get dragged along with it because most of the time this is just false sentiment which would only lead for you to make bad decisions.

It is not about controlling emotions, after a while you stop feeling anything when you see stuff like this. Like let's say that you see some social media trends, I have seen AVAX for example trending at the top yesterday, what happened? It was decent but didn't really skyrocketed anywhere and I kinda knew that already, I know that nothing big would happen.

There is this huge hype population that keeps pumping each other up, some people write about something and then others join and it grows bigger and bigger constantly, and that is why people think that it should go up, they believe that since there is thousands upon thousands of tweets about a coin that coin should go up, but you have to buy a lot of it to make it go up, hence that is why there is really nothing that would matter, in the end we are going to see those same people complain about "unfair" situations since "everyone" likes that coin from what they see from the tweets but the price is around the same.

This tricks had been going on checked probably to decieve newbies who might fall for it, I had read and watched all those tricks on YouTube and other social media but I am not moved or carried away by this subtle way of tricking people having read so many articles on how whales tends to manipulate the market to their favor, however as trader I followed my instinct without any input from any signal provider or social media to trigger a trade.

Everyone can be fragile as you are there's no exceptions about that but just like what you've said, ones should stay strong and never be carried away with such emotions because it will drive your mind to a state where you have had a hard time to deal with. Just never ever be carried away with emotions when trading, just know the right stuff and do some research if in doubts.

It wouldn't hurt that much if you could just spend a little more time reading and doing some analysis before going in for a trade. And also trading is not that simple as buying then selling especially in this very volatile market. You need to have a plan in advance in order for you to make your trading successful.

You can use the social media as well as if it is your ace when trading and you will definitely see who's affected by the fud and fomo.

Emotions become weak points, some of which cannot be overcome by even a professional trader. If it's too fragile and doesn't have a strategy of its own then it falls into the trap of the shillers and some of the fudders.

Social media is an important fundamentals besides doing technical analysis, because the fundamentals will be the same as some technical predictions made.

Like DOGE, which Elon Musk continues to promote. It's really the power of social media and with the unquestioned influence of Elon Musk.

When it comes to emotion then you should stood strong because if you are just too fragile when it comes to emotion handling then most likely you would really be fall into those shills and fuds

that would circulate into the market.Sounds easy but this one will really takes time because experience would really be the thing that helps you out to be that emotionally prepared on what are
the probabilities of things that will happen ahead.

You should examine and be observant on what are the things that might happen and use it into your future investment or trading decisions.

Very true. Many of them should be followed and can get those info that are going to help you update what's with the market.
But if you happen to know how to distinguish between good and bad articles and posts on social media, you should refrain from reading those obvious ones that will only bring you bad vibes.

You must not get carried away by those articles and news you found in social media and other online platforms but you may at least use those as a basis and keep yourself updated on the current trend so you can keep yourself up on what is the latest happenings because such can have an impact on the flow of the market change which can or cannot be favorable to you. Better be wise on weighing which one to be followed and which one must not be. It is still up to you to be wise on knowing what will be the best thing to do on your trades. You must just be aware of the happenings in your surroundings at all times and keep yourself updated because it can help you out a bit or more.

This is a pure act of pump and dump and it is a well known strategy by big whales to manipulate the market and earn profits out of it.
They create a FOMO in the market and spread the word by signalling groups and social media pages such as reddit, twitter, facebook etc.. and then start selling once their threshold has been met.
But people these days have become aware of such dumps and are less frequent to fall for such FOMOs.

Because in their minds is that they can be more profitable if they bought coins that are at cheap prices. They are thinking that this coin will be in hypes someday and doubled their investment. But I'm not sure if this still works because, at this time, there are no such hypes happening in the crypto market.

Social media is very influential to the market, Elon Musk did the tweet, people are to follow then. But if we look at how Doge been promoted by Elon, I see no big change in the price, still below $1. This means that even social media and know personality can't really give a huge influence on the market as the people had already learned from the past.

The challenge is that most times investors don't follow top coins because of the price. Example bnb coin that went high wasn't really that as people weren't hodling it but trading it until it went this high. Stellar too is of good value but is not being used. This is how opportunities are lost but shit coins are invested on because of cheap publicity on media especially from owners and team faking figures to attract investors.

One of the common mistakes of crypto traders who use social media these days is that they allow social media influencers to manipulate the market by following their posts and tweets. We shouldn't listen to them since most of them are just manipulating the market for their own benefit. We should be wise and just follow those who could influence people to invest in a good coin not just for their own motive.

They're thinking about the possible return and that's much higher than what they've paid for. But we do know that what it's like to be in the crypto market and which projects are worth investing in.
Although there's a strategy that they do, they create bounty and pay people with their stakes through their generated tokens and that's almost costing them nothing for those services rendered.

I do agree that for companies it could be high risk and high capital but it is high potential as well, if it clicks and works you are making a lot more than anyone else which is why it is something that would be perfectly fine and understandable, after all who would be against making money like this if they can? So those people spend a lot of money and take that risk and they try to make that money because it could be life changing.

Social media is a bad place, not just for crypto, it is specially bad when it comes to politics and sports because you can find all kinds of people in twitter and the most hatred filled topics are politics and sports since people have "sides" in those topics, well in finance world and specially in crypto world people are trying to get famous and "sides" here are crypto currencies, one likes tron the other likes eos, some like dot others like bnb whatever and that is why it becomes a bad place for us too.

You are right and instead on seeing this as a thing to be avoided, then why not on making it use for you to get some advantage on your side?

There are people whom do really love to take up some risk even if they do know that this is clearly an agenda or shill out but still they do able to get in
and get out on the right time before the market crashes up and they had already secure the profits.

It might sounds simple but executing these kind of actions is really hard and cant be done by someone casually.

youtube and twitter are platforms where the most hyperbolic crypto price prediction presented.
stay away from influencers who only tell you crypto price predictions, next target price, and so on.
however, you may know that the social media vibes lead by some rumors and early information, which is good if you are a speculator who is willing to take the risk for a big win.
legend says that you have to buy the rumors, set your own target, and leave as soon as you reach your target.


try to find a platform that offers you a copy trading feature then. so you can just sit and relax meanwhile the algorithm will copy that big trader for you.

Correct. But it doesn't always work their way.
These hype attempts also cost them money. They pay for every social media marketing mangers or whatever they are called to bring the hype into a larger scale.
But, there is no assurance it will always click.

It's a strategy with high risk and high capital also.
As a normal person with low income, this techniques won't be possible to accomplish.
Yes, better to just stay away from it.

Thats very important. Timely investment is very important in the crypto currency whether it is related to the social influence or not. In general you have to be alert in the crypto specifically because this market is running 24x7 and unstoppable all the time. This means, anyone can go and invest at anytime. You never know what billionaire would be in the mood to put his billions or millions in the crypto overnight.

So being a small profile trader we have to be alert all the time. The social media is not going anywhere. It is modern way of marketing the stuff. In such case you need to upgrade yourself and keep trading with complete sense of alertness. 

On spot.
No one can stop these people in social media in saying something. No one can control their words as well so the only control we have in that kind of events is our reaction.
I've been in and out in looking for good thoughts about Bitcoin lately in Facebook but everything that almost everyone said were just FUDs and thankfully I learned first about the basics of trading, pricing , and a bit of technical stuffs about Bitcoin before I managed to encounter these kinds of FUDs.

If you know what you are doing you can actually do good with the hype that is surrounding the social media, use that information to formulate your strategy when it comes to trading. There is a sense in what you are advising that anyone shouldn't get carried away by social media but I think that there is a better way of handling things than just completely ignoring it, it is better to be resourceful more than anything else, you will have a higher chance of becoming successful if you are using all the tools that is available.

I agree that there is really nothing harmful of social media if you know how to navigate it. I personally do not check it that much but on rare times I do, I know what to look at and where to look at and that is why I never make a move depending on social media.

First of all, I do not make moves depending on anyone, I just like some certain coins and I invest to them and I keep investing into them more and more increasing my position and I have a set price that I will get out and mostly it is on binance where I put on a sell order at that price and that's about it, there is really nothing else that I do and social media can't really change that. Maybe only the part where I pick coins could be changed but it is not really that open to outside world for me, I decide it based on my few filters.

It has never been idea to take your investment idea from the internet, the internet make it possible for anyone to claim to be what they wished to be but they're not. A noob can make himself look like a pro and there is no way to doubt his claims because he can create false evidence to back his claims of been successful at investing or trading.

Don't also chase after the hypes as they die down as quickly as they were formed, hype are mostly spread through social media by shillers which are either hired or enthusiast of the project.  Never bring social media into your professional trading career, you have to stay away to become a successful trader.

You are right! This is just a matter of risk taking decision neither on someone who could afford to take up some steps for them to potentially able to earn or would miss out an opportunity.
Lots have discourage about shills and fuds about sentiments came from popular people/company on not to make any action if they wont want to lose money but we cant deny
that this is also a scenario on where people could also make use of this one to make money.It do just matte on how fast you do react neither you do go inside or out in the market.

Social networks have their advantages, but it would have been through social networks we would not have found out that Elon Musk made that massive purchase of Bitcoin, and perhaps many would not have bought as they did and so much was the impact that Bitcoin reached a new ATH Sometimes social networks travel faster than the same news, you just have to know what information we should take and which we should discard.

Both FUD and FOMO we will find, it is in our reason and analysis to believe and use for our benefit.

There are so many false information especially when crypto currency price are increasing or decreasing a lot (volatile). The information will be more sensitive when came at these situation.

So, this is the important part when you decide to trade. I mean, trading strategy is not fundamental analyst only. Even, if you are day trader and use fundamental analyst as your benchmark, then you are willing to lose.

But, I'll be agree if you do day trade and use technical analyst is the main factor you predict the movement price. You will find the movement price base on the chart and then you will match with some information that spread.

Following influencers is not a bad idea to track market movements but you have to be super quick as these things happen and end within seconds. We have all seen how Elon's tweets got people in/out of DOGE several times.

It is risky but can be manipulated in by the influencer and others that can splash big. If you don't have the courage, then don't do it, you'll most likely lose your money.

- Sharing information on social networks from some people just comes from a kindness, sometimes they don't want to target the psychology of investors, they just want to give warnings, helping others to be careful in their actions and decisions but unfortunately, unstable sentiment is often a common weakness, and investors often trust those who have influence in community groups. Be feverishly watching other people's thoughts and forgetting themselves but at least, such a mistake won't appear for the second time, making no mistake just makes us arrogant about ourselves

the best form of trading or investment is to buy low and sell high. what some influencers cause is to buy and the drop the signal for people to buy and they also take profits before everyone. thats why its not good to FOMO, and dont invest what you cant afford to lose. and also try to learn trading yourself, study the market, discover potential coins andfollow them up.

All the vibes on social media depend on our reactions to judgments informed by social media and so on, and if that's good and it makes sense, I think that's okay.
they only provide information with what they know even though the truth is inaccurate, depending on our intelligence in assessing all of that and whatever the reason, they are not wrong and what is wrong is how we judge and investigate the truth of the information because that is how they earn income by creating YouTube , articles, and so on to get people to open them.

To put it into simple words, it is important to understand and read everything that is posted about crypto and what's happening in the market but it is even more important to understand what is actually useful to us and what is being posted out of context.

I never trust any news instead I see them as data and analyze what's useful. It's very similar to how gamblers see predictions, you cannot trust them because everyone has their own opinions but knowing everyone's opinion is also important because it helps you read the game in a better manner. Consider every social media post as data and just use what is beneficial, let everything else slip and make sure it's not impacting your decision making.

That's the good thing here in crypto market. No sole investor can have the major influence in the market as the distribution is not focused in one or two persons. Even the popular name of Elon Musk, if you are new into crypto, better not follow what he is suggesting as you may end up badly, being the small time investor here. Learn the ropes in crypto market and follow your instincts.

Well, perhaps Elon Musk is pure business-minded. He wants to manipulate bitcoin just because of his own interest and possible benefits and he abused his being an influencer just because of his own interest. If we know that there is something wrong with manipulation, I would rather start ignoring him than following his nonsense tweet on social media. If you are a real crypto enthusiast you will not listen to any social media vibes, all they want is to have a pump and dump of the price of crypto and when bitcoin is on hype, they will immediately cut their profit. But at least, it is hard for them to manipulate the entire market, only a small impact has.

@OP while you said it, I'd also like to remind you of Elon Musk's non-sense yet highly followed tweets which took BTC "to da moon" and then dropped it back "to the ground" just because at the beginning, he announced of his BTC holdings through SEC, and later on when he "probably" would have sold all his BTC already, started playing tricks with average investors and trying to scare them of the markets by saying that BTC seems to be a bit overvalued. Tell me what the hell is that? Still, these foolish investors follow him just because he got success in least time through Tesla and SpaceX.

That can also be a place to spread FUD and HYPE which can affect you if you follow those advices. Yes, we need information about specific project but we must have our own way of analyzing the project to confirm if this is just a hype or a fud. Investing must be based on your own analysis, socialmedia is not a great source of that one and you should not based your decision on socialmedia post, always do your best and don’t get hype by anyone.

Misinformation will be a lot when it comes to posts/messages being created by other users as usually what you will see is either with biased or just a false information created by these users to hype people up. The good thing about this is you always have a chance to do your own research (DYOR) if what they are saying is true or at least useful to your trading plan. This is literally what separates you from the rest of the herd since most of them will just scroll and read these posts and just do a decision believing it right away which may lead you losing some profit or wasting a good opportunity. That is why after you read something you must find out if it is true or it checks out with what others are saying.

Even though the news can benefit you, don't believe the news too easily. Because as he said, it could be the act of a manipulator, stick to the decisions you make. Because the source in order to know the development of our assets can not only be seen from the news, there are still other ways to see the progress. On the chart that is already available, if we can analyze it through the chart, we can find out how the future development of assets will move towards profit or loss. We have also provided a stop loss feature to anticipate the impact of a bigger loss, so take advantage of this feature. But if we have trouble reading the chart, there are times when we hold it for a while, if we think our asset will decline, immediately sell it. Because we don't know yet and haven't predicted the price will go up or down again. So it's better for us to sell it at the current profit, rather than waiting for an uncertain profit to come.

Socialmedia is one of the most important source of information, channels like 'The whale club' show us when big amount of coins has been spent. And this kind of feedback help us to take a smart decision. But we must be careful with all the other messages to find because if we trust in anyone we could make big mistakes.

So, is important to be smart and ride the right waves when we talk about social media.

One of the most common problem by traders specially the noobs but doesnt mean it will exempt even those veteran or who do trade for a while now.
Dont really let yourself fall into those hands of influencers or shillers out there.It will surely greatly affect your decisioning towards your investment
if you do let them for you to believe about their calls.Stood strong on your own and dont really get influenced because if you do and the market
did really dump instead of gaining then you would surely be blaming them off and that would really be an unsatisfying feeling.

It is right that social media and articles published in most of the blogs are nothing but made to spread FUD and make people react in a particular manner which benefits big companies ultimately.

Yes, because they got carried away with the social media discussions and what others thought. There are big IT centers made just to brain wash people through these social media posts and unless we use our own mental, they are just too powerful and easily manipulate us.

Earlier I used to follow what's happening in market and check articles when for example a dump is happening and it seemed like that's the end of bitcoins but now with time I have learned that these so called analyst are nothing but paid authors who will just publish articles for money.

Or, just do get carried away with it and allow the inorganic nature of hype cycles to organically grow and die down, the way we want them to =D

If bubbles don't grow and burst, how else are the patient normies like me going to make our entrance happily to pick up all the discarded cheap coins?

Tweet it, Retweet it, reddit it and whatever. Flood TikTok. Nothing changes for most of us here just sitting on Bitcoin.

It's difficult for the user who always caught by FOMO's but for experience guys they make those news as their basis to find what is currently hit on the market and trade them since profitable in a short while.

People should now that this is how the fuds work that's why if they want to trade those coins highlighted on the news they should assure to theirselves that they will never get hyped and think about holding for long term purposes since they might bag hold or lose their money.

The words are easy, but the application is difficult.
Whenever you determine that the price of the stock or cryptocurrency is low, for example, Bitcoin is currently $ 45,000.

Following how the price interacts is what determines the low price, but at this point you must believe that the currency will rise because many altcoins are pumping and dumping models and may not rise at all again.

I am saying those PR stunts about marketing but in trading's aspect, you're right. You get to hear and read the news and you're the one who choose what to do with it.
If you can see that you can take advantage of it as a buying or selling signal, you can do it as if that is your strategy.

I don't trade without reading the news since it's like doing something without knowing on what's happening in the world that's why I always look for that news since it gives us a hint that there is a incoming hype or fud. The one we make sure there is we don't hope for more since if we look for more profits it might possibly end up a more losses to us once the hyped gone.

If you are a trader, this kind of activity may profitable to you BUT risky too.
I already tried this before, it's like "go with the flow", even you are late, but it's up to you how you define late with this kind of activity, but most of my entry before was all profitable, entered at pullback then I am sticking with my goal or price target, profit is already a profit.
Some also are taking advantage of this activity by betting against it, like maybe after some huge price action, they are betting against it, to drop if you are against on the pump, vice versa with bullish if is dumping.

I agree that it is possible to succeed in business by applying your own wisdom to the advice of others. The risk is low and there is no need to consult others if the market can be analyzed properly this will make it easier for you to get the idea of ​​the right signal for your business through the latest updated information about the market. Newcomers rely on social media most of the time so they can't survive in the market for very long. Social media is subconsciously making our minds more judgmental day after day the use of social media over a long period of time gradually reduces the ability to concentrate.

You failed to include Youtube as well. There are a lot of so called experts traders there and pretend that they know all and will just shill for their coins. And obviously these people don't know what they are doing and just giving random advise to all noobs.

And then someone are going to fall for their trick, start investing on the coins they shill and the result? Total disaster for beginners. Hard and very expensive lessons for them to learn. Used our common sense, study the market, spend more time in crypto sphere if you really wanted to make huge profit by yourself and without this social media influencers.

Those articles will not be effective unless it is from a social media influencer or celebrity even though they are not connected to cryptos it may affect the prices for a while.But people who are having experience in trading pays more attention to their analysis than watching those articles on news outlets.

We can't deny the fact that crypto market is highly manipulated so we need to learn how to survive them and make something out of them if possible.

But actually you can get an input on what's currently happening in the market and it's great to take advantage with it, just buy the news and once you see some sudden constant changes that might endanger your profit then sell just make sure that you will not end up bag holding. Remember that's how manipulator works that's why we need to be alert so that we can earn by following them.

You said it right that those articles that highlight particular crypto are obviously doing it for marketing. If they are not part of the team, then they're doing some affiliated marketing which they'll attach a referral link that will be used by them to take a commission if one of their readers decided to buy in that sale. Shilling, marketing, PR, and other terms that you call it, just be a responsible investor and always use several references as you research before investing.

Fellows, this is a Big Deal.
Don't get carried away by social medias such as Telegram, Twitter, Reddit etc's vibes that has gone viral. These articles prompts user to invest in particular cryptos as they predict that there is going to be a hugh bullish trend. This is purely a marketing stunt from giant traders to make a quick profit from the misfortune and duped small time traders.

What the Big traders do is that, they buy a stock while it is very low. Then they starts rumour mill encouraging all to invest in that particular stock as they predict hugh profit from it. So naturally, traders start buying these stocks with an intention of making hugh profit. As a result, since there is maximum purchase, the price of the stock shoots high.

When the Big traders as satisfied with the profit they have incurred from the stock, they dump their stock, which ultimately reduces the value of stock to a minimum.

The outcome is that, hugh traders make a hansome profit, while the small time traders are left haplessly holding onto their stock, since they cannot sell at a hugh loss. They have to wait for a long duration hoping to dump their stocks when the market raises its bullish trend, which could take months.

Small time traders can also make a hugh profit if they are able to time the market and invest before the market trend shoots up high. But for those who are late and invest at the last moment, buying stocks at stiff price hoping the market would keep on climbing, its a big misfortune.

So fellows, invest while the price is at its lowest and dump the stock when you attain a profit.

Viketo Sumi (Armani123)