Quote from: taufik123 on Today at 07:54:04 AM

Quote from: jeraldskie11 on September 29, 2023, 11:54:51 PM

Those influencers are doing this to increase their following. They want people to feel it's simple because they only supply winning trades and not failing deals. Some of them are not profitable traders because they are unable to give PnL. Newbie traders did not realize how crucial it is; they were simply enticed by their words and jumped into trades without enough understanding, which is a significant mistake in trading because it would only result in losses. They will only discover that they are being luted and that trading is difficult when they continue to lose money.

That's completely true, but those influencers are not just looking for followers, they benefit from new people joining on their referral links and some are also endorsed by the project being promoted.

So don't buy into the nonsense of influencers who are just after your money to invest or trade in projects that have no clear development.
Words of encouragement and invitations with large profits are of course always a dialog that is always repeated so that ordinary people are interested in entering.

Trading is not seeing and hearing from others, but trading must use the science of technical and fundamental analysis and research on the coins to be traded.
Don't be tempted by nonsense promotions that will drag you into an unclear zone.

In addition, there are influencers who reject projects that they want to promote because they are unpromising. Before accepting the project offer, they carefully investigate whether the project is a scam. They consider the efforts of their followers rather than the money we get from promotion in order to ensure that they are not wasted. It's gratifying to believe that influencers still prioritize the others over their own interest. Therefore, if they do it, they will undoubtedly gain more followers and projects to promote in the future.