That's right, whatever happens, investment must be based on your own research. However, being supported by famous or influential people is also an important indicator in conducting research. The most common thing is that Elon-backed Doge becomes the most popular meme coin and the price of Doge continues to move up. The question is whether the President of Argentina is an influential person in crypto? conclude for yourself
The market flows directly with buy and sell order. It's seasonal, might open trade or invest in the bull or bear season. I will advise anyone that's into crypto to trade wisely and with caution because one can not predict what will happen next in the market. In crypto, always advisable to follow top whales footsteps because they're mainly incharge of the market. They control the market with high demand of buy and sell.
There are countlessly safer ways to apprehend the market, follow good proceedings and thorough research, not been blindfolded but clear measures should be observed. Good projects are rare in the space, I'm certain about that, spotting one will be more than enough to milk significantly and unmeasure profits in the market.