Topic: Time to be cautious: Everyone is not market expert - page 9. (Read 1447 times)
This is a common scenario in every bull market. New influencers and experts emerge from the sand with investment strategies and suggestions. We should be careful about this kind of person not only in crypto but also in other types of investments. Most of these people only sponsor videos and don't invest in those projects by themselves. What they are good at is making video and talk like professionals to convince people. Before following any influencers we should look at their background first. I think an influencers needs to have experience of two bull and bear market to consider expert in these fields still it doesn't guarantee that they will be 100% correct all the time.
Whomever that follows such information on twitter or any media channels is like someone just following people without direction or doesn't worked hard for his money. Bullrun is time where people falls victim of many scam coin and projects because they don't know what is the real intention of those projects and coin why because people will come with the intention to share tips on coin that will possibly give them much expected x within the period of bullrun, but most times they often gives fake signal and information and if they don't give accurate information those who follows them ends up losing huge amount at the point trying to enter those coin they shared information.
Well as bloggers or vloggers thats precisely what they will do. But we have our option to check first what they are shilling. It’s always our prerogative to follow or not those calls. We cant say they are wrong but surely they got some narrative for that speculations cause if not then they are just trying to pump their bags and exit as soon many people put up liquidity. Not all social blogfers are leeches some are literally good on providing information but of course we cant deny presence of garbage influencers too.
I would have to agree that they are some of these experts that are actually good at what they do and some of there calls are most at times corrected but just as you said the social media is wide and many fake projects utilize some of them to either create or advertise there projects. I wouldn’t stop anyhow from actually looking into their projects or calls but what I will advise is be careful of who you follow. Stick to the old guys and not the just recent. Influencers. Also do your proper research and make sure the invested amount is something you can lose
people who set up groups about altcoin predictions just to make the group admin happy. I don't forbid people from not believing in something, but we need to be careful with the rise of self-interested people who can lose our money. it is more comfortable to hold bitcoin, ethereum long term so that it is not controlled by other people. Bitcoin time history can be a correction understanding for us, when the good time comes
If you read more carefully, you can see that they are actually advertising these projects. You can see how they explain the reasons why we should buy altcoins. Most of them are just optimistic predictions and estimates without telling the risks. I often see lies made by some bloggers. Sometimes they advertise a project, and there are also those who just make up stories so that their writing looks interesting and can be used for other purposes, such as increasing traffic or selling advertising slots.
From past few weeks whenever I open any browser or social media all I could see is some random blogs and news about Altcoins which will have massive pump and which coins I have to invest.
Folks, it's times to be more cautious than every and never go with any random prediction provided over telegram or through blogs as it's a routine that once the crypto market is trending upwards and bullrun is expected we see a lot of experts in the market via various channels like Youtube, Twitter, Telegram, Discord and WhatsApp group sharing random coins with catchy headlines like "Top 5 altcoins with 100x pump", "Whales are investing in these altcoins", "Altcoins which will go to moon", etc.
Please try to understand these are the same people who spreads fud during bear market and impersonates as experts.
Don't go with any such predictions and rather do your own research because I have seen people randomly investing into shitcoins just because it's mentioned over Twitter and the person who has tweeted has huge followers. There will be so much of deceiving as they will share some 10 coins and even if one of them prospers they will use it as upselling point.
Folks, it's times to be more cautious than every and never go with any random prediction provided over telegram or through blogs as it's a routine that once the crypto market is trending upwards and bullrun is expected we see a lot of experts in the market via various channels like Youtube, Twitter, Telegram, Discord and WhatsApp group sharing random coins with catchy headlines like "Top 5 altcoins with 100x pump", "Whales are investing in these altcoins", "Altcoins which will go to moon", etc.
Please try to understand these are the same people who spreads fud during bear market and impersonates as experts.
Don't go with any such predictions and rather do your own research because I have seen people randomly investing into shitcoins just because it's mentioned over Twitter and the person who has tweeted has huge followers. There will be so much of deceiving as they will share some 10 coins and even if one of them prospers they will use it as upselling point.
There literally was an news article that said there was FOMO and YOLO on the market and opening it, it further suggested people to take risk.
YOLO could be fine in enjoying and spending time with your friends but is never a good financial idea. Your investment should have careful research, diversification, and a long-term perspective.
It's not a bad idea to listen to people who know about the finance but you should also know that they may have their bias. You need to take decision for yourself.
From past few weeks whenever I open any browser or social media all I could see is some random blogs and news about Altcoins which will have massive pump and which coins I have to invest.
Folks, it's times to be more cautious than every and never go with any random prediction provided over telegram or through blogs as it's a routine that once the crypto market is trending upwards and bullrun is expected we see a lot of experts in the market via various channels like Youtube, Twitter, Telegram, Discord and WhatsApp group sharing random coins with catchy headlines like "Top 5 altcoins with 100x pump", "Whales are investing in these altcoins", "Altcoins which will go to moon", etc.
Please try to understand these are the same people who spreads fud during bear market and impersonates as experts.
Don't go with any such predictions and rather do your own research because I have seen people randomly investing into shitcoins just because it's mentioned over Twitter and the person who has tweeted has huge followers. There will be so much of deceiving as they will share some 10 coins and even if one of them prospers they will use it as upselling point.
Folks, it's times to be more cautious than every and never go with any random prediction provided over telegram or through blogs as it's a routine that once the crypto market is trending upwards and bullrun is expected we see a lot of experts in the market via various channels like Youtube, Twitter, Telegram, Discord and WhatsApp group sharing random coins with catchy headlines like "Top 5 altcoins with 100x pump", "Whales are investing in these altcoins", "Altcoins which will go to moon", etc.
Please try to understand these are the same people who spreads fud during bear market and impersonates as experts.
Don't go with any such predictions and rather do your own research because I have seen people randomly investing into shitcoins just because it's mentioned over Twitter and the person who has tweeted has huge followers. There will be so much of deceiving as they will share some 10 coins and even if one of them prospers they will use it as upselling point.
It's difficult to predict the crypto market. It could be the starting phase of a new bull run where bitcoin reaches 100K and all of alts make their all time high.
But it could be a small price boost before the bitcoin halving. And the current situation could act as a bull trap for the traders.
Whatever be the result, we should play safe. Keep both the stakes of stable coin as well as crypto so we neither be left behind on the bull run are put our money on coins at expensive price and never recovering from it.
Rightly said! Also with the recent advancements of AI and deep fake videos, it has become very easy for the scammers to spread false information in the market. I am seeing couple of videos where Elon Musk and Warren Buffet is promoting a cryptocurrency. That video is obviously fake and made using deep fake technology. But for an average person who are not aware of AI, can get confused and convinced easily.
Personally I would not suggest anyone to investing meme coins. It is more like a gambling rather than investment. So if someone is prepared to lose their investment, they can go ahead and invest in such coins. Otherwise it is always better to stick to Bitcoin and ETH.
Personally I would not suggest anyone to investing meme coins. It is more like a gambling rather than investment. So if someone is prepared to lose their investment, they can go ahead and invest in such coins. Otherwise it is always better to stick to Bitcoin and ETH.
Thanks for the reminders anyway. In times like this, when we are entering the bull run or halving, I really think there are many influencers who are pretentious and self-proclaimed that they are crypto experts even though they are not.
A lot of people who pretend to be experts are actually in the era of halving and bull run. If you don't know anything about cryptocurrency, you will definitely believe these influencers. Therefore, it is better that we ourselves know and have knowledge of trading in the cryptocurrency business.
From past few weeks whenever I open any browser or social media all I could see is some random blogs and news about Altcoins which will have massive pump and which coins I have to invest.
Well as bloggers or vloggers thats precisely what they will do. But we have our option to check first what they are shilling. Its always our prerogative to follow or not those calls. We cant say they are wrong but surely they got some narrative for that speculations cause if not then they are just trying to pump their bags and exit as soon many people put up liquidity. Not all social blogfers are leeches some are literally good on providing information but of course we cant deny presence of garbage influencers too. exactly why we should have critical thinking skills we should not follow these influencers blindly because a lot of them are paid to say whatever a company wants them to say i even know a few that do not have any ounce of idea what they’re talking about but for a few bucks will sell it to their audience
well sometimes experts are not all exactly objective too most especially if they are also influencers so it’s really better if we learn for ourselves and try to have our own perspective
Rightly said! Also with the recent advancements of AI and deep fake videos, it has become very easy for the scammers to spread false information in the market. I am seeing couple of videos where Elon Musk and Warren Buffet is promoting a cryptocurrency. That video is obviously fake and made using deep fake technology.
But the advancement of deep fake is rapid and it close to possible to create an exact look a like along with an exact voice with multiple AIs and if I am not wrong I even saw one from Andrew Tate trying to sell some courses and shit-coins those are obviously deep fake but who knows when the technology will become to create one that can't differentiate true and fake ones.
Also, governments are in action to regulate AI developments and some famous individuals seeking complete stoppage of the technology too.
From past few weeks whenever I open any browser or social media all I could see is some random blogs and news about Altcoins which will have massive pump and which coins I have to invest.
Well as bloggers or vloggers thats precisely what they will do. But we have our option to check first what they are shilling. Its always our prerogative to follow or not those calls. We cant say they are wrong but surely they got some narrative for that speculations cause if not then they are just trying to pump their bags and exit as soon many people put up liquidity. Not all social blogfers are leeches some are literally good on providing information but of course we cant deny presence of garbage influencers too. 
Rightly said! Also with the recent advancements of AI and deep fake videos, it has become very easy for the scammers to spread false information in the market. I am seeing couple of videos where Elon Musk and Warren Buffet is promoting a cryptocurrency. That video is obviously fake and made using deep fake technology. But for an average person who are not aware of AI, can get confused and convinced easily.
Personally I would not suggest anyone to investing meme coins. It is more like a gambling rather than investment. So if someone is prepared to lose their investment, they can go ahead and invest in such coins. Otherwise it is always better to stick to Bitcoin and ETH.
Personally I would not suggest anyone to investing meme coins. It is more like a gambling rather than investment. So if someone is prepared to lose their investment, they can go ahead and invest in such coins. Otherwise it is always better to stick to Bitcoin and ETH.
From past few weeks whenever I open any browser or social media all I could see is some random blogs and news about Altcoins which will have massive pump and which coins I have to invest.
Folks, it's times to be more cautious than every and never go with any random prediction provided over telegram or through blogs as it's a routine that once the crypto market is trending upwards and bullrun is expected we see a lot of experts in the market via various channels like Youtube, Twitter, Telegram, Discord and WhatsApp group sharing random coins with catchy headlines like "Top 5 altcoins with 100x pump", "Whales are investing in these altcoins", "Altcoins which will go to moon", etc.
Please try to understand these are the same people who spreads fud during bear market and impersonates as experts.
Don't go with any such predictions and rather do your own research because I have seen people randomly investing into shitcoins just because it's mentioned over Twitter and the person who has tweeted has huge followers. There will be so much of deceiving as they will share some 10 coins and even if one of them prospers they will use it as upselling point.
Folks, it's times to be more cautious than every and never go with any random prediction provided over telegram or through blogs as it's a routine that once the crypto market is trending upwards and bullrun is expected we see a lot of experts in the market via various channels like Youtube, Twitter, Telegram, Discord and WhatsApp group sharing random coins with catchy headlines like "Top 5 altcoins with 100x pump", "Whales are investing in these altcoins", "Altcoins which will go to moon", etc.
Please try to understand these are the same people who spreads fud during bear market and impersonates as experts.
Don't go with any such predictions and rather do your own research because I have seen people randomly investing into shitcoins just because it's mentioned over Twitter and the person who has tweeted has huge followers. There will be so much of deceiving as they will share some 10 coins and even if one of them prospers they will use it as upselling point.
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