Quote from: lienfaye on Today at 04:37:16 AM

Quote from: Outhue on November 05, 2022, 01:30:25 PM

New crypto investors need to be very careful when doing research, do not take a decision without doing your own research first.

That's true. We need to always do our own research and verify the news if it's really true. It's not good to only rely on what you watch or read on the news because there are many fake informations out there to mislead us.

Actually this is not new because even before such fake news are already existing to deceive the investors (especially the newbies). This is some kind of scammer's strategy to lure the people who are lacking of knowledge to invest. Thus, be careful what to believe in, and always take time to verify.

And with where we are right now in the social media age, anyone can invent some news and can convince others to believed it. That's why it is very important specially for newbie investors to always do their research first before investing their hard earn money on any project. Because as soon as they have pour their money, it's the gamble already so whether they will make profits or not, it will not be based on them. They are already at the mercy of the people behind the project. And there are cases that even if we do DYOR, the project will still fail like the FTX collapse.