Re: Beware of fraud crypto analysts!

Quote from: Yogee on March 16, 2020, 11:24:34 AM

Be careful of the influencers you follow on social media like twitter. There was one who was exposed recently of photoshopping his trades to fool his followers and get more subscribers to his paid group. He said he did that to make the images look better hehe. Please follow this thread https://twitter.com/Trapouts/status/1238598898559488000

Cointelegraph also covered the story https://cointelegraph.com/news/crypto-analyst-accused-of-photoshopping-trade-screenshots.

There will always be scammers who will take advantage of people's ignorance. Let's prevent that from happening to us by learning how to read charts on our own and not solely rely on free and paid signals from random people on the internet.

Wow, I did not know it was a thing, thanks for sharing this. The account doesn't exist anymore, but the problem could be common. I don't trust technical analysis, and I don't believe anyone can systematically make good predictions based on it or anything else, but I know that many people trust this stuff, and photoshopping the trades to look more successful is outrageous in any case. It's funny how the article ends by Canfield promising to stream his future trades, but his Twitter account is deleted.
It's also worth noting that the tweet by King says that this Canfield is a scammer whereas whoever did the TA for him isn't. In a way, isn't all TA a scam, just a more hidden one (kind of like fortune-telling and stuff)?