Quote from: cafter on Today at 09:32:03 PM

Quote from: BigBos on Today at 02:25:00 PM

Quote from: coinfunda on September 24, 2023, 10:34:21 AM

everyone on twitter, insta reel and youtube is making prediction related to different cryptos based on chart lines. Do you still believe these chart reading?

When influencers provide content related to crypto price predictions, I prefer to use their knowledge and make it a new insight, not use it as a benchmark or belief that we don't research more deeply. Because in terms of determining predictions we will again be faced with the decision to buy or not, to invest in crypto or not. So my advice is that you only need to take positive points like the methods they apply. Because that's just what we need to take, not believe it without reconsidering the decision. One more thing that influencers do when they predict is usually for commercial purposes, namely being paid so that what they talk about becomes profitable because it has attracted beginners to enter.

It's really important to be careful when it comes to crypto and investing. Don't just blindly trust anyone, no matter if it's an influencer, big company, or even just a person with good intentions. It's hard to predict what the future holds for stocks and cryptocurrencies, so it's important to do your research and make sure you know what you're getting into. YouTube and other social media platforms have become a hotbed for crypto promotion, but not everyone has your best interests at heart. You might see "shitcoins" being promoted or people getting paid to promote shady projects, which can be really risky for new investors. Don't just jump into something just because you see it online - do your research and learn more about the technology, team, use case, and long-term potential. Your financial security should always come first.

The thing here is that on the time that you are just basing up or depending on your analysis then it wont really be giving out that kind of regret unlike when you do follow someone and really did get their analysis and follow

it into your trades and ending up on a losing one then the feeling of regret is really that extreme on which this is something that not really give out that kind of good feeling.Nothing beats out if you do simply rely with your
own analysis rather than on being that too reliant or dependent with other peoples analysis. Its true that we are all speculators on here, and it doesnt matter whether those price increase claims and predictions do came from known people or companies on which getting in line with their suggestions or price predictions arent assurance that they would happen. We are all speculators here on this crypto world on which price will really be
only determine by the demand and some factors on which there's no way that it could really be predicted.

Chart reading might be that hard but it does takes time for you to have a good grasps to it and this is where effort and hardwork would count because chart reading and trying to
see those indicators and other tools does really that sufficient knowledge.