Post
Topic
Board Altcoin Discussion
Re: TikTok is a new social media source for promoting cryptocurrencies?
by
ethereumhunter
on 15/07/2020, 15:59:35 UTC
Hi, have you seen the recent hype around Dogecoin? It was caused probably by ongoing challenges on TikTok. When you think about it, it is really a great way how to make cryptocurrencies viral among young people.

You can read more about this trend here: https://fortune.com/2020/07/09/tiktok-dogecoin-challenge/
I would just suggest to newbies to not get impressed with such lame marketing strategies and do not get trapped chasing these little pumps as a result of these gimmicks. When i was new i used to follow such things and always got loss or atleast got trapped for quite a while so always look for solid investment opportunities and the projects with real business and success.

We suggest members in here, but how about the other users out there? It is hard to warn them about that, and I think we can only spread the news on the different social media. Or maybe there are one or more TikTok users who know about cryptocurrency and have knowledge about crypto, so he can explain how to invest in cryptocurrency with the right. With that way, I think the other TikTok users will not trust the fake news that is trying to trick them, and that can be a way for cryptocurrency to be popular among the other TikTok users.