I frequent twitter and I always see "Crypto Influencers" posting things like;
"What alt will make me rich this weekend", and "I have $10k what should I be buying, etc.
My question is are these types of tweets good for crypto in general?
"What alt will make me rich this weekend", and "I have $10k what should I be buying, etc.
My question is are these types of tweets good for crypto in general?
Despite that I respect these influencers, take note that there are no guarantees on whatever coin or token they call for us to buy and to sell. There is no perfect time, and we always have to learn in managing risks. Don’t just rely too much on these crypto influencers.
Like one of the crypto influencers I’ve followed, I always put in my mind that there are no promises or guarantees that his calls would be profitable. Of course, there are some that he mades like more than 10x, 50x, etc., of his investment, but recently, he invested 30 ETH on a project but eventually rug pulled.
Risk managements are necessary, and we must be smart enough to diversify and control our investments.
