Quote from: Xal0lex on Today at 06:51:15 PM

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

When you see a crypto news saying that investors are leaving shiba inu and polygon or avalanche for a new project do not always believe, this is a new way to attract the public investors that have no time to do their own research first.

Almost all news is triggered to manipulate and create a certain movement. If such news appears, it means that someone wants to dump the price or pump it up. In general, there is a lot of information noise in the news environment and it is quite difficult for an inexperienced investor to discern what is true and what is not. People with weak conviction will definitely react to such news, convinced investors will simply ignore such news.

Yeah! It's good that there are so many ways to keep up with the latest developments in crypto, but some of them might not be entirely accurate.

I'm a big fan of cryptocurrencies. I made my first bitcoin purchase years ago, and followed it up with many more success stories through the years despite bitcoin's rollercoaster ride. However, I also see plenty of well-meaning investors getting duped into falling for scams, ICOs that are total fads, and shady exchanges. Even worse, some people take tips from random mediums and lose money because they didn't double-check the information with trusted sources. You must do your own research to be sure that a news source or other advice isn't misleading.