Post
Topic
Board Altcoin Discussion
Re: Watch out for the following
by
cosmofly
on 10/06/2020, 06:32:26 UTC
Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money

1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading

Seek for answers and you shall find, knowledge is power
I totally agree with you on ideas 1 and 2. The market is full of manipulation and celebrities always use their attraction to create cheap fomo news. Many newbies believe in the vision of McAfee, CZ and Justin Sun to buy Bitcoin and hold. After that, they were the ones who lost money from those fomo. So don't think it's easy to make money in the financial markets. We need to learn a lot and experience a lot to understand the kind of market we are participating in. That's what we need to learn the most in the beginning.