Post
Topic
Board Altcoin Discussion
Re: Time to be cautious: Everyone is not market expert
by
Muslimin mj
on 07/04/2024, 23:20:06 UTC
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.

Yes, I really agree with your current understanding. because there is so much analytical speculation that will be present in the near future followed by increasing prices of BITCOIN and several Altcoins. So we have to really filter the information so that we don't make hasty decisions and don't lose assets.