Quote from: Silberman on Today at 01:06:03 AM

Quote from: Xal0lex on April 08, 2022, 02:50:36 AM

Quote from: david678345 on April 06, 2022, 09:34:51 PM

Although the forecasts of these experts are not always 100% correct, I understand that the simple fact that a youtube channel with millions of views suggests that the price of a cryptocurrency is going to rise...it is almost certain that it will rise at least for a few hours after the video is published.

I consider better strategy to invest in these coins than for example in coins with more liquidity but it is very difficult to make a x10 ... especially having the option to put a stop loss to limit possible losses ... what do you think?

Investing in coins that YouTube channels talk about is a bad idea. No, it's a terrible idea. No normal investor would ever invest in a project just because someone on their blog said it's a really good coin. The main point of these blogs, where they share signals about promising coins, is for you to buy these coins and make liquidity to those who have already bought these coins. It's a kind of version of the old Pump-and-Dump scheme, only using famous bloggers.

Real x100 coins no one will ever reveal until they need to be heavily propagated. People think bloggers help make money, when in fact they are trying to make money off their audience.

Sometimes I wonder why something this obvious escapes most people, finding a coin which can make a huge movement like that is the dream of any trader, someone which in theory could do such a thing consistently does not need to share that information with anyone, so if anyone is willing to do so then there are only two conclusions I can think about it, the first one is that somehow this person does not care about his efforts being wasted and they are willing to share that information with everyone or they are just trying to get more people involved in the project which they are supporting, so they can earn more money.

There are no benefactors in the crypto industry who are willing to help all people get profits. The primary goal of such stories about a project is to make money for oneself. First of all, the task of anyone who is trying to publicly tell everyone about a new super project is its own profit or referrals for new arrivals to the project.

When you invest in a project on someone else's advice from public places, you are not an investor, you are a liquidity provider for such people.