Quote from: Kiresiura on Today at 02:03:58 AM

Quote from: Wakate on December 01, 2022, 11:18:17 PM

This kind of strategy can only attract the desperate newbie investors that do not have split idea or knowledge about how the crypto market works with the ways people are using different strategies to hype a particular crypto project to being investors. Anybody can use this strategy but we just need to be very careful so that we don't fall victim to the wrong project that will make us lose big funds.

If we want to be a good investors then we need to keep doing research so that we will not easily for cheap to projects that have less market volume. There are so many ways to get this done, either by asking a pro investor or taking our time to get more information about a project.

Indeed. Not all news will provide us with the correct information, and many are intentionally falsely advertised and marketed to attract investors for their own benefit. Now that the online world is very developed, we need to be vigilant in the face of more news, not to rely too much on the news media, but to try to do our own research and make wise judgments to determine whether the news is true and reliable.

Nowadays I often see news recommending buying specific tokens like "the top five cryptos to buy in December" they put other four with a real project in the top ten in coinmarketcap like polygon, ADA, etc. but the last one is only pump and dump token, something like that is really often to see nowadays. Some communities are desperate to increase some altcoins because they want to prevent more losses that they have by giving false information.