Quote from: gabbie2010 on December 07, 2023, 07:29:07 PM

Quote from: kentrolla on December 07, 2023, 01:05:56 PM

From past few weeks whenever I open any browser or social media all I could see is some random blogs and news about Altcoins which will have massive pump and which coins I have to invest.

Folks, it's times to be more cautious than every and never go with any random prediction provided over telegram or through blogs as it's a routine that once the crypto market is trending upwards and bullrun is expected we see a lot of experts in the market via various channels like Youtube, Twitter, Telegram, Discord and WhatsApp group sharing random coins with catchy headlines like "Top 5 altcoins with 100x pump", "Whales are investing in these altcoins", "Altcoins which will go to moon", etc.

Please try to understand these are the same people who spreads fud during bear market and impersonates as experts.

Don't go with any such predictions and rather do your own research because I have seen people randomly investing into shitcoins just because it's mentioned over Twitter and the person who has tweeted has huge followers. There will be so much of deceiving as they will share some 10 coins and even if one of them prospers they will use it as upselling point.

I can never follow altcoins analysis by any blogger and through any social media platform, it's obvious that most of the price of altcoins move either bullish or bearish if the price of Bitcoin dump or pump thus share almost the same price action with Bitcoin, as a newbie you are expected to buy trusted and reliable altcoin during the bearish runs of Bitcoin which I believed had pass for instance November last year the price of Bitcoin was a lower price then that was the best and most appropriate period to invest on altcoins of your choice after research, it can very risky to invest blindly on any altcoin when there are real and credible altcoins.

Yeah you have rightly said, it is only those that are bent on following crowd that allow themselves to used, so many features and promises are too real to be truth hence it is best to make an informed decisions on making personal analysis and thorough research in your choice of altcoins rather than solely depending on tips from expertise on media where most of them are being paid to do that which they do.