Quote from: TelolettOm on September 24, 2022, 11:33:30 PM

Quote from: Cryptornd on September 22, 2022, 05:00:26 PM

propaganda online is huge. ridiculous price targets of a coin from fake influencers make them feel better about their investment. better not to listen to them and keep a own view of the market.

As long as newbies don't want to learn and enrich themselves with up-to-date and reliable information about crypto, they will easily fall into this mode. And unfortunately, this is not only happening to newbies but to people who have been in the crypto world for a long time but are too ambitious to get rich suddenly.

Quote from: Cryptornd on September 22, 2022, 05:00:26 PM

Don't get manipulated by profits you see online. 100k profits on a trading account or a sport car. you will never achieve that with your $1000 account. understand that and be real with you.

Many newbies only see form the successful traders or investors when they say that they become rich because of cyrpto. ANd newbies expect to be like them so much that is why they will do many things to realize. The worse thing is that they will do it even instantly and although the ways actually scam. That is why many newbies are trapped in becoming victims of scam projects because they expect too much instantly. But they don't see the long process by the successful traer or investors in crypto.

Naturally it can be happen. When one reached in high position a certain way others want to follow. In this situation Nothing is wrong. But most of the early entrants into cryptocurrency have been successful today. Many people also face big losses by following those successful people because most of the newbies invest in the wrong place without realizing the true facts.