Especially the smaller market cap coins. But even big coins like XRP, ADA etc I can almost gurantee you that they are paying for shills.
Don't beleive everything you see in Youtube and in Reddit. ADA to $10 eoy
Theta to $1000 and all of this shit.
Youtubers get 30K for 1 video to talk about the coin
Always DYOR!
This market had lots with those kinds of propagandas and false advertising or just simply make out shills or fuds.So its just sensible that you should really be aware with those things that could happen.
When you do make out investment decisions then you should really consider on looking on what are the things should be look out for and you should make out hasty decisions without research or verification.
Dont easily listen into others recommendation because this is usually the reason on why most people do lost up their investment.
I agree. Hasty or amateur investment can be very detrimental to your financial future.
I was reading this comment section, with the comments talking about how since the market is so low, it is a good time to invest. There were even people saying "Well, I'm happy to buy coins on the cheap". Which I think is definitely a risky move.
Just because the market is low, doesn't mean that it's a good time to make a massive investment into it.