Post
Topic
Board Altcoin Discussion
Re: do you trust social media influencers on cryptocurrencies.
by
darewaller
on 04/01/2021, 09:16:42 UTC
Honestly, i have followed lots of twitter influencers and i can say that most of them are active during bull market and goes silent when the market is dull. you see post like btc pumping, lets go to the moon and so on whenever the market turns green. looks like most jump out from Nowhere to proclaim the BTC goodness. My opinion, if they failed to inform their followers and  listeners to be careful and never to be greedy, then they are not truly crypto influencers. all they wanted to do is dump on their fallowers and move on.
Well, you called them social media influencers, and guess what they do? Social media influencing is their business, and they will be ready to do anything or promote/shill any coin on pages for money or for whatever benefit they are going to get from doing it.

So, it’s not whatever they tell you that you’re going to believe, you have to be very careful and do your own research when the so called social media influencers tells you what to do. Don’t be too quick to run and go invest in coins just because they told you that it is good or something, they can be paid by any team to shill their coins or tokens.