Post
Topic
Board Altcoin Discussion
Re: Time to be cautious: Everyone is not market expert
by
koang
on 06/02/2024, 10:56:02 UTC
Never invest on the word of influencers because those influencers make high predictions of the coins that are invested and held. They promote only to increase the popularity of that coin. It is always better to learn to analyze yourself. Whenever you can analyze the market by yourself and invest according to your own experience, you will get investment success. I invested in ORDI and XRP according to some influencers. Influential analysts said ORDI would be around $500 to $700 and XRP would be around $5 to $25.  Currently, I have lost both the coins I invested in influencers' predictions, so I want to tell you that one should never invest in other's predictions, always invest in one's own predictions.

A good influencer will always try to provide accurate information based on facts.
However, When the product is crypto, buyers may have nothing to show for it except depleted savings.
Low financial literacy causes many people to fall into investing in shitcoins.

Experience is the best teacher. However, when we commit to learning from other people’s experiences alongside ours, it prepares us ahead for life.
Thanks for sharing...