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Topic: Do not believe every crypto news you read online - page 9. (Read 1116 times)

legendary
Activity: 2436
Merit: 1104
When you see a crypto news saying that investors are leaving shiba inu and polygon or avalanche for a new project do not always believe, this is a new way to attract the public investors that have no time to do their own research first.
I don't know about you but this type of strategy is not something new, this kind of strategy has been used for a long time now.

This Oryen Network in the picture above is not even listed on coinmarketcap and presale is ongoing 🤦🏼‍♂️ why the lie in the first place? The presale is even struggling if you check the website.
As you said, it is to attract investors that have no time to do their own research.

New crypto investors need to be very careful when doing research, do not take a decision without doing your own research first.
investors should keep this in mind, doing your own research helps you avoid unnecessary problems that you might face if you never did your own research.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
Additionally, most sites don't moderate their ads so regardless of the site you see it on, it could still be inaccurate.

If a project does badly in its presale and ico, it's probably going to keep doing that.

ICOs are also a very risky investments and not really something you should be attempting to do without some even small research into the coins competition (if it's already something done by another coin - which by this point is quite likely).

Using resources like dex data (even collected by sites like coinmarketcap) are a good place to start to track more accurate price moves as their data can't be manipulated if it's on chain (there's more sites than cmc out there for checking price too - some just need a token address).
sr. member
Activity: 686
Merit: 403
When you see a crypto news saying that investors are leaving shiba inu and polygon or avalanche for a new project do not always believe, this is a new way to attract the public investors that have no time to do their own research first.

For example, something like this is been going on for a long time now



I can't count how many times I've come across such news online and when you check the project out its either a new upcoming project that's not even launched yet or a project that has low volume.

This Oryen Network in the picture above is not even listed on coinmarketcap and presale is ongoing 🤦🏼‍♂️ why the lie in the first place? The presale is even struggling if you check the website.

New crypto investors need to be very careful when doing research, do not take a decision without doing your own research first.
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