Post
Topic
Board Altcoin Discussion
Re: Smart decision I made toward the end of the bull run
by
fuguebtc
on 18/06/2022, 04:42:01 UTC
I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.
Those youtubers do not really know anything about the markets and most of the time they are just being paid to promote a coin or they have invested in that coin themselves, and they are promoting it in order to create a pump and dump on their own.

So with this in mind it is a bad idea to listen to them when they do not have our best interests at heart at all, also it would not surprise me if in the future the authorities begin to investigate those youtubers, as what many of them is doing can be considered illegal or at best irresponsible since the majority do not have any credentials which allows them to give such advice.

They are not analysts they are doing for the money, there is no reason for us to listen to their bullshit advice.
We have to do our own research and evaluation of each project we want to invest in, if we do it ourselves we will be more confident and optimistic if there is a bear market because we already know what stage the project is in and the project development goals, if we invest with our ears when the market drops, we will panic and sell at a loss.