Quote from: SOKO-DEKE on July 20, 2025, 04:54:22 PM

Influencers have misled many people and that is the reason why many people has lost money especially newbies, why they are losing money in the cryptocurrency industry. What is there is that some newbies even start with Bitcoin investment, but with the words of influencers, they are turned into traders without even proper knowledge of trading. The painful thing is that most of these influencers are not experienced traders but just beginners who have not even started to make a profit from trading. Yet, but they are on social media encouraging people, giving some sweet words, and living a fake life just to get followers or probably, promoting some shitcoin and misleading newbies. Trading is not easy, but if someone can calm down and learn properly, they can be making a profit from trading time to time.

Yeah you're right, a lot of investors have turned into traders trying to follow influencers and all this so called influencers have misled a lot of people into losing money all because people think they are experts and being an influencer means they will always be right. A lot of them don't have the adequate knowledge for trading most beginners are deceived by their high trading balance thinking they earned it all from trading not knowing that's their own money. They show off any little profit made but never talk about the losses. They have enough money to keep going so newbies who don't have much to trade should be careful with following these influencers.

Quote from: Osas4real on July 17, 2025, 04:38:33 AM

I had to learn from my own experience and I don't think I could possibly get carried away or get influenced with what people because they would always declare the half side of the picture.

It's always better to DYOR.

Experience they say is the best teacher. Most times if a person should tell you that's how it is when you follow influencers am sure you won't believe. The real problem is that they people always show you the good sides without really letting you know the other side of it. This will be a lesson not just to you alone but others who want to do the same.
Doing your own research is always better so you know what you are about do and knowing if it's really worth it.