Ninjastic
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Board Trading Discussion
Re: Careful with Social Media Tips
by
drachman
on 12/10/2018, 02:23:59 UTC
Quote from: nelson4lov on October 04, 2018, 09:04:08 PM
Quote from: Vangar on September 02, 2018, 10:29:28 AM
Social media is a good source for learning on how to use strategies and at what time. Just keep in mind that many traders offer their advice for a particular situation in a particular time.
You should design your own tactics, at your own pace. There is no guarantee that everything you see in these guides will work out for you the same way it did for posters. Keep learning, trade, and draw your own conclusions.
https://www.cryptocointrade.com

Thanks for your advice Smiley I'm aware some experienced traders take to social media platforms like twitter to share their analysis and observations. I'm also aware that no one can correctly predict what happens in the crypto market. But I do find to observations to be helpful expecially when I add it to my own research and due diligence.
This is the only correct way to use that advice, I see many people that are using the signals that they are getting in social media to trade immediately and that is a huge mistake, in the best case scenario you should use that information to supplement your own analysis and nothing more and if you are incapable of creating your own analysis about what the market is doing then you should not trade.