Bitcoin Forum

Social media is a good source for learning on how to use strategies and at what time. Just keep in mind that many traders offer their advice for a particular situation in a particular time.
You should design your own tactics, at your own pace. There is no guarantee that everything you see in these guides will work out for you the same way it did for posters. Keep learning, trade, and draw your own conclusions.
https://www.cryptocointrade.com

not all in social media are good some of them are fake or they want you to destroy of what you have

Thank you for this post, you have just said it all. I understand that the social media is littered with materials about trading and most of these are obsolete. What I do is to work out my strategy that will be in tune with present realities. I try to marry technical analysis to fundamental as both work hand in hand to govern the market. 

if they were giving advice and explained real strategies then it could have been good, because even if they don't work for every situation the explanation itself could give you some experience in dealing with different situations and to know how the market generally works and how you should make profit from it.

but the real problem is that they always disguise their nonsense pumping attempts as an investment or trading advice. we have lots of groups that are calling themselves names such as "signal group" or "trading discussion" but in reality they are the same scam pump groups that are not sharing some basic charts pretending they are analyzing but in reality they are pump and dumping.

I had not met any "professional trader" whose forecasts published on social medias were successful in 60% of times.

Unfortunately, it seems that half of advices are not applicable in many situations while the other half, as many here mentioned, are made by those that do not know much about trading, apart from creating click-bait content. Which is sad really, especially for an industry as volatile as cryptocurrencies.

Knowing how to filter every news that came is like preparing for a battle because every thing in the internet is just based on their own belief and not all their belief is necessary and applicable for us. Perhaps, those click baits sites will just for their personal interest thus full of uncertainties.

The term social media is here too general. I wouldn't follow advices of random people on the internet, however some YouTube channels offer some proper knowledge about the market.

I honestly don't understand anyone who would follow an account on social media blindly with his own money. To be honest, I find it stupid and sad that some people lose money because of blindly following a bad advice from a social media account. That's why there is something called DYOR.

I definitely agree with the point you're making because its absolutely and strictly relevant. People should be aware that these are certain circumstances that work for those moments and also to bare in mind that some people may encourage you to do what will benefit them most, like referring you to a scam site etc.

Trading is not easy and there are always a risk that's why we need to be careful on what we see on social media that promote or gather people to scam. A lot of promoting in social media about the crypto like how to gain huge profits, with a  promising words to get you are in. If you are in trading stay away from social media and you should not listen/believe on people or site that you seen.

I see that on the site you can read some information that gives a general idea of ​​crypto market and methods of trading on it. It's good.
There are also some tips on how to trade certain currencies. This is good, but it's a subjective opinion and it's best to just keep it in mind, but always make a decision based on your own knowledge and experience.
I liked that the site has an overview of some exchanges. It is a pity that there are so few reviews in it. I would like to see a lot more reviews, this could help beginners to understand a little bit about working with exchanges.
In general, a good site for general educational purposes.

make social media issues as input not as the main thing in making decisions in trading. because not all suggestions from social media are pure will give us profit, think also if there is a specific purpose behind it all. it's about trading strategies

Most of the social media news are 50% percentage only true so I do not believe the social media news but again I reresearch in one more time then only I can believe the news. So I am always carefully aware in the crypto related needed and Nowadays keep protect ourself only so social media tips and suggestions are not take it in my mind so I peacefully enjoy my crypto lifestyle.

Social media is just tools to promote and get audiences fast with low fees. But as audiences we should have knowledge and right sources before decide to follow or join something on social media. I agree with not all information is right on social media but use social media on the right track is better.

News is important, but not all of them are true so we must take extra research about it especially if the news is the coins you are holding. I don't focus much on Social media tips because I know what to do in this market, and I know where to listen. Social sites is just like a scam, because they are corrupting your mind to make negative decision out of that news so don't listen too much on that.

Social media have been used so many times to slaughter the pigs in trading cryptocurrency and you can enter be to sure of the sincerity of the social media shillers that is making a call for buying or selling.  He or she might be doing these for selfish reasons!

Thanks for your advice, bud. You know sometimes, one's tactics work for them but do not work for us. Whenever we see some recommendations from social media, there's nothing wrong if we follow their trick but of course with an open awareness that risk and troubles are associated with it.

I think the most suitable source to learn is from youtube there are more varieties in the strategy and you can learn from people experience, the content from social media is kind of limited and sometimes the tactic is not suitable for us to used, but social media is very important to get updated news, so its one of the important element when you want to trade

It is okay to get some tips in social media but there are better
resources out there, for example, investopedia.com, there you
can find everything in investing, finance education and analysis.

Learning things from social media or Utube is different from following someone's tips to invest your money. Those basic and advanced skills can learn from anyone, which you think you can follow their methods. But after learning you need to make a final decision to invest or not and after investing you shouldn't blame them for your mistakes.

Every one giving tips based on some knowledge and past experiences but there is no guaranty that every time it works. So you should know how much you can take a risk to follow these third person investment tips.

whether we want it or not, sometimes we do have to follow how the market develops, and not vice versa, unless we are whales who have the opportunity to control the market. even though we are following the market, it also becomes a big advantage if used properly.

so it doesn't always have a negative impact

The best advice is just don't even listen to any news (incl "expert" recommendations in any social channels) when trading. Use only your own strategy and tactics.

There's a lot of garbage articles around so I wouldn't consider media as a good source of learning. There's a lot of crypto media related website but you will see repetitive articles. What I do is just read and filter which I think is a good articles to read. So its not a guarantee that it will work out, most of them are just shilling for a particular coin because they are posting articles which is sponsored by some projects.

the tips from the social media that we have just known certainly have a hidden purpose and certainly will benefit them, which is truly pure sharing is very little at this time. make a lot of information from comparative social media to what we believe

Do not believe in what people says. Sometimes they are fool. Try to predict the future. Learn more and more. Analyse everything. When you do all of that, you'll have a vision. Good luck!

Yes, you're right, we can't just learn to trade with tips on social media. Because in order to succeed in trading we must also look at market conditions and coin development. And tips on social media does not mean that it is not necessary, it is very necessary as a basis for our knowledge of trade. Next we will analyze the market and determine it. Therefore skills in trading are also needed and tips on social media as a basis for starting.

fraud can occur anywhere about crypto, including social media, but there are some media that do not allow Crypto, but everything can happen starting from some information that is not relevant to actual events only to deceive information seekers.

Social media can guide us in crypto. But you don't need to depends your doing on social media because you should do your own research and make some strategy specially in trading.

right, because everything that comes from yourself will make us learn to be better, if we only rely on other people, such as from social media or other things, as you said earlier, it is not necessarily all right, because they could fool us to their own interests.

It's alright to get knowledge from some social media but don't fall for everything it's said there. It's important to look for information from really reliable sources and not someone's opinions.

No matter who is sharing trading tips in social media even if he is a professional trader, you should never rely on other's tips. You can use those tips as comparison to what you have. You are risking your own money in this crypto world, so you should rely on yourself. Use your own strategies, tactic, or researches to decide what you should do.
You are the one who responsible for everything you are going to do. Following other is OK, but dont follow it 100%.

I agree, never fully copy or use some tips as guide when it comes to Bitcoin, because you may regret it later. It's probably safe to make your own strategy and decision so you won't have regret later on. I agree with that strategy, if you're newbie, you can just compare your strategy on others tip, even if they're professional, they can still commit a mistake.

Off course believing in such guides would be rather unpractical approach because that will never work. Most of the time people will just put some tactics which they never tried or just came out of thin air so that they can themselves get more attention over the social medias. This is another reason why we should be staying out of this and just go on try our now luck, techniques and try to create a world full of possibilities and then and then only things can better work out with the current flow. Social media sometimes could be more or less fake one. So be aware of that.

As of trading should not be dependent on anyone and each individual should take his/her own responsibility in terms of trading. Trading is usually not that easy and needs a lot of tricks and tactics. There are mostly several peoples who do insist peoples to purchase on with some tokens and start theur trading but as you mentioned, they should not be trusted.

I can accross such peoples who usually buy some coin for cheap and then make it famous and find good traders who can purchase that coin in a good rate and then they do sell their coin when it reaches good price. This is actually a common trick used by most of the peoples in the chat box on various exchanges like yobit, hitbtc, etc.

Also there are a number of pumping groups which does instruct about the pump on a fixed time. Even they do get the coin pumped by the readers/traders and then sell their coins for huge profits leading to loss again for all those who purchased that coin on a peak.

We should always be aware about such tactics and try to avoid them because these can lead for major loss. Always pretend to use your own brain instead if trusting someone else and you would definitely have good profits if you have made enough research and study about the coin you are Investing into.

Social media is not really the best place to learn, there is a lot of false information in social media that I will say that probably 80% of all the things that you see there are fake, so when you take into account that, I really do not see the point of trying to use social media to learn how to trade or to try to receive tips about how to improve your trading ability.

If your goal is to get quality information, then I would not look for it in social media. Yes, there you can find out what can interest, but information about it is better to look for in other sources.
It is better to learn about different strategies on narrowly directed websites, where you can find professional information.

I’m quiet new in this market, I read news about cryptocurrency online but I can say that we should not rely on that alone because even in news there’s a manipulation. I jut read news but technically I don’t believe on it and its for my own safety.

Social media Tips is good but don't do what they exactly say, instead used this to have a comparison at your own references that may help when you are in trading. Much better you have your own research and don't rely on others pieces of information because that is your money used in trading not them. Broadcasting in social media especially that price signals they are not worth it follow sometimes delay sometimes wrong information gives that make you lose.

finally, you should make your decision by yourself,because sometimes their advice is not in line with your thinking.
You can just take a few suggestions then change it in your own mind.

Some maybe useful but you have to be very vigilant about your decision making. Risk at you own trade and don’t panic.

in my view, information circulating on social media (not all) provides misleading information or in other words those who publish it only seek profit for themselves and do not care about others. sorry if my words are wrong. :)

Sometimes their advice could help you to choose and make a decision on trading. Even though most of them are purely bullshit and you shouldn't follow them in the first, but following the expert recommendations might telling the truth sometimes. I'd recommend to read at least so you can have an insight.

This is true. Let make our own research and study because we are have the same path and were not the same of mind or strategy. So we need to be careful of anything we see in social media.

often times it does affects your decision making

as you've rely on them thinking they can read or interpret the market accurately

but heck.. I'd unfollowed a lot of them

I'd rather read and follow those people tend to teach you how to read the market, than predict the market for you

When you learn to judge people and their opinions then you will find it out easily to catch the real words. Even opinions are also helpful if someone experienced person guides you will help you out in understanding different things and the right decisions necessary to make on time. Social media is full of people and you have to take care of scammers so that you may not come under their trap.

Social media tips on cryptocurrency trading and investing activities can be beneficial,  but most time,  those advice are essentially selfish and deceitful! It's Important to compare and contrast different opinions before making any decision !

Thank you for sharing www.cryptocointrade.com

This is very useful for me because I am trying to use the new cryptocurrency trading platform!

It is usually only an unserious minded person that will be focusing a lot of their attention on social media tips or some signals called by some so called traders all in the name of making profit and I feel laziness to learn is what has been a lot of people's problem.

The best way to always trade is to have the mindset to learn as much as you can and then practice to be able to call the shots yourself. Following other people's idea will make you to lose out a lot in the long run, because you may not know when the market is going awry and they are not there to bail you out.

I think that serious traders would not use social media tips for trading. Except for the fun maybe
Social media is not reliable and professional source of information related to cryptocurrency trading and could often be misleading. Don't use them as your basis for making decision, this could end with bad choices and possible loss. There are other platforms that could be used much better.

Tips in social media to attract attention and investment from the community are many, but not all projects utilize the power of the media. I believe that things are getting worse with the cryptocurrency market but I still put a lot of trust in the potential of this market.

Virtually all strategies/tips you see in social media does not work 100%. Their are still some flaws in some. Every investor or trader should be careful of tips as this can be very dangerous as well in my opinion. You need to device your own strategy for investment/trading

utilizing your own experience is the best thing you can do and you can take just some advice not decisions from others. Because in trading no two situations are the same. Both scenarios are completely different and if you did something without planning then it is completely gambling. and you know the rules never gamble what you can not afford to lose.in trading your skills and your luck both play vital roles but if you do not learn from your mistakes then you are gonna fall a lot.

I strongly agree with what you are discussing, everyone must realize that this is a situation where you have to decide yourself, strategically and must be sure of yourself, because when we lose no one will help us. believe in yourself and keep learning

Investors should really avoid searching for trading tips and advice on social media, I think there are a lot of users who enjoys spreading negative news about crypto-currencies on social media platforms in order to make traders going into panic selling mode and this action often caused some traders to lose huge amount of money on trading.

Basically we all have different life energy. Social media as a source for learning can give lots of good, useful tips but as you said, not every advice or strategy will work same for calm and nervous person(for example). There has to be correction and adjusting to a character of an individual, in order to find a winning method.

Right.Sometimes another person's strategy will not work out for you unlike what it did for himself.So it's much better to focus on your own skillls and strategies and don't rely much on social media for your actions to take.Trust yourself and i'm sure with your own determination,success will come along the way.

One time you need consideration, and that's normal. a kind of doubt so it's difficult to determine attitude. you need other information and other media will provide assistance. I think you still need it maybe 20% of your decisions are obtained from other media including social media.

Careful with any tips that you may see or read or hear that comes from a third party that you do not know, if someone you have never seen or met or even know online tells you that some coin is going to skyrocket, take it with a grain of salt because there are many possibilities involved, he might be paid, he might be a shill and own some of those coins and he might be unresearched silly person just telling you he "feels" that way. In the end trusting any third party on social media, telegram, chats, forums anywhere, just be wary because you do not know the reason WHY he feels like that coins going places.

A better practice must be depending on our own analysis. Just think about who will care for our profits ? ourselves or someone from somewhere ?. I agree they are doing to earn something but their reliability will be very much less which may lead to unexpected collapse at any time.

Social media are the things we should not believe the most. The news is uncertain and sometimes it does not affect our portfolio too much. We should not listen to the words of journalists say, we have to design their own strategies to play with the market. That's the best way.

The digital age of the throne has given us more and more timely information, but there are also a number of issues we should keep in mind that we need to be more careful. Social Media Tips

Worth mentioning, most of materials you find online are still about basic stuff. Basic attributes, basic knowledge, nothing more then already known. Nobody will share a working tactic with others, cause as soon as everybody will be implementing it, it will stop working. The only tactics that are shared - are scams. And that's the only thing you should keep away from. Yet i also believe that an open mind can suck some background idea from the scammers too, what may become handy in one point.

I will not takes any signal or tips from social media, i would prefer creates some acct on some big exchanges such Binance, Bitfinex, Coinbase, etc. then monitoring some members chat and movement coin graph of following day before taking decision to buy/sell. Because based on my experiences sometimes panic selling was creates by some people to makes price getting more cheap before they getting re-buy again, so they will more have many profit just by doing this.

Social media is the platform for people who are fond of hype score. Nevertheless, its not a good idea in believing all the hype being scored by the people of the social media.

A lot of people, including me at the beginning, search for ways to learn how to trade quickly and in this quest people find these pump and dump or signs of telegram channels groups and as most of the time people are deceived. In my point of view the best is see video  on yotube and practice a lot, but practice with very small amounts, something like  $30


Well, all people want to make lots of money, but having the knowledge to multiply money is a very difficult task. so, people look for ways easier

I think social media is good to learn how to trade and which coin is better for trade
But  many time strategic is not work in trade

I know that it will lead us all to nothingness. I have many witnesses of these certain events and the result was a complete devastation. This is not really good for people wanting  to grow in cryptocurrencies.

Those are just good for preference but not really a good thing for you to rely on and some of them do ask out for a fee which we should not supposed to give even a single cent because no trading techniques that will really give you out a guaranteed profits.Its true that we should really design our own tactics but having these knowledge informations or sharings would really be beneficial to add up your ideas.
Anything that can be applied should be test out.Its just a matter of trial and error.

Social media tips are crap mostly but for sure there are some very good traders which share their experince for free and their words are weight of gold

I agree on you, there are a lot of people in social media who are spreading FUD and that is the reason we should conduct our own research to know the truth.

   Be careful with everything from social networks. There are too many spammers, sensational headlines,
posts, comments. I even had situation where people ask me for money for their sick mothers and fathers,
kids, and dogs.
   Only on social networks you still can see how double bitcoin sites and cloud mining sites still have marketing.
They promise fast profit, and very big profit in short time. I don`t pay attention on that and I advise other to
stay away from them.

Doing your owned research will give you much better chances to follow the trend, social media's  are only good way to gather news and informations
but never to use it as your moving factors to enter the market, you should have your owned understanding and do a proper research before you put
any investment, go with your own analysis and create your own plans.

Yes true, there are lots of information online and you just need find the good ones. Some of them are old but due to the high traffic to their site or so, Google and other search engines  will always pull them up when you make a search… so it’s good to know what step they took in discovering that and also taking the same step in finding out what it trendy and what to follow next.

Just like coming to this forum and seeing a topic that says ‘price will go up soon and checking the date it was posted only to see that it was five years ago… LOL. Butpeople who don’t check things out will quickly take it and buy, without knowing they falling into a trap.

Indeed. I am not even believing the expert opinion in the first place so whatever comes from the social media would be the worst one. They are not good for making our decisions over the trades, buying and selling because most of the time social media's are used to deceive people for buying more and more crypto currencies and show them a picture which may not become the truth. For example, coins getting spiked soon, legit projects claiming even though they are not and much more. This way things can get messy if we overlook it and invest based on that. It is all right if we are coming to know about a project and then later on researched about it so that we can know more and then make investment.

Yes, the ones written there aren't essential tactics. Nobody can say anything about it, because it isn't true that trader shares what he has developed for himself for years. Set your own tactic, and always do what you know.

Yes, you should have everyone who knows about this cryptocurrency better be able to be more careful in responding to information circulating in some media that discuss cryptocurrency as much as possible to avoid being easily affected by bad news and do not panic easily.

Oh really? You found a group or page on social media sites that give real advice in crypto trading? If yes then consider yourself lucky. I understand that some of them are wrong tips but at least you still have choices to choose from. How about me? Well, I've got numerous crypto related groups in different social media sites but got nothing except bunch of referrals :-\.
That's right! So for beginners out there, it's your money, not them. You will be the one who take responsibilities for its growth. They could offer you help and that's it. Do not let them dictate your every action, if you did then don't cry like a child when you lost a lot because it's your fault from the first place — you let others manipulate you.

I would say never believe social media tips as well as telegram channels who say that they will give definite tip. No one does that, and why will they give when they can earn themselves.  ::)

In this world there's a lot of scammers.You dont need to trust to anyone by including your money and not all of posting in social medias are all true.Think before you click, think wisely in every steps you made  dont follow what you see, make your own steps and be success.

They have some good advice that you just have to digest and have a research on yourself. Not all should be dealt with completely and blindly. Remember that human psychology as a nature will always rely on others to prevent the blame on themselves.

Yes, with their tips you need to be careful, as with news from the media, they can skillfully manipulated by large investors and create a good point of purchase

Not just on social media, its also true with news media look at CNBC

everytime they would site a news on what would the expectation on BTC price

the Opposite will always happen..Lol

they have some use anyway, use them in reversed tactics

I would not call them fools and for one thing, I would rather say those that listen, pay attention and most especially act on everything they hear from the media are the fools. Apparently, we all know already that the media is after enlarging their pockets and as long as that is happening, they would not stop their shenanigans.

It is left for those who want to feed on such news or those who are going to discard it and take it as a pinch of salt, knowing whichever way, they are focused on what they believe in.

We use the tips or news as a reference and of course all the news or tips that come in must be filtered first. Not all of them is based on facts. Many of them are only mere assumptions which we cannot use as a guideline.

The thing with life is that you cannot expect everything to be rosy. Also, as we have good eggs, we will also have bad eggs. In short, this does not mean that social media space has not been helpful but the thing just like you said, is to be careful of what you listen to and how you act based on what you have heard, by digging properly before making any substantial decision.

Nevertheless, all these balls down on each person having what it takes to trade, which for most people, they are just looking for an easy way out, but looking for easy way out, usually result to an easy ticket to losses. This is because only you must be caring about your successful trades compared to anyone else in this world.

I never recommend to go for neither free tips from web nor paid tips too but all traders must go for own research and analysis. Depending on ourselves must be the only way to be successful with trading career.

yes you should be careful on social media maybe it can fool you or it will bring you down to not achieve what you want to overcome, so sometimes do not trust on people or in social media

Let's be very careful in the market today, with the features of today's fast-paced media network, we are easily tempted by scammers.

Well i don't see why anyone would take any tips from social media platforms like facebook seriously. Especially those that ask payment. In social media, anyone can act smart and post a seemingly well analyzed prediction that doesn't really have a  sound basis.

We are far to trusting as a species.  If you see anything flashing on Social media or government sponsored cable TV I would take it with a huge grain of salt.  The only thing we can really be sure of is what we see and experience ourselves.  Remember for every winning trade there is a loser on the other side.  This game is vicious.  Play accordingly. 

The thing with social media is that it gives room for certainly every single person and animal to do and say whatever they like as long as they derive benefit from it or NOT. So many people do certain things for different reasons, and for some, it is usually to just find a way to increase their followers at the detriment of those following them, or even at times, feeding on them by calling crazy tips for their benefit.

There is nothing as good as having the knowledge and practicing to get better on your own, and for those who are too lazy to do so, they will keep being a victim to these social media tips.

In other words, it is worth doing some research as well. This helps find new technologies in the market and helps decides the most profitable asset to invest in. Once you are all set and ready to invest, you make strategies, and make and built a nice forecast that proves beneficial in the long run. So it is not necessary for you to believe in what you see on the social media. Rely on first hand information and on the official news.

Yes, all the things we see on social media are not legitimate. Many of them are fake. There are thousands of advertisements posted everyday because of the wide reach of social media. Nowadays almost every person having a standard job is using social media. Therefore the criminals consider it as the best tool to scam the people, given that many innocent people are also there on social media.

maybe you really have to be different people because I know everyone, they also get lots of lessons and tips from my friends on social media,
And I will also try what you say to make your own strategy design.

Just listen in this forum here in bitcointalk, and I think that social media tips isn't believable yet due to more fud circulating around the web networks. Their target victims was those who were innocent crypto researchers. This forum was created in order to help every people acquir enough knowledge, so it's better to stick here and nevermind social media tips.

Yeah don't easily believe in tips or predictions that are in the public, it's not necessarily true and maybe it's just for their profit,
and don't believe the gossip of government media like on television, they just want to make the market situation worse

Everyone is free to write on social media, but we have to have a good knowledge base to avoid incorrect tips, the important thing is to always look for comparative information so that we have a strong foundation.

This market is full with both mental and emotional manipulations and that is why we should be careful with the social media and new tip. I could still remember when a social media tip told me that a coins is going to get to a dollars and I late find out that they are trying to pump and dump that coins.

I also agree on you.I don't suggest to anyone to follow the strategies that are being listed on social media tips.It won't work out just the way you expected.I still prefer to learn from your own experiences because if you commit mistakes,it would be easy for you to improve it and never do the same mistakes again.

I think it will be more correct to study a large amount of information and analyze it, apply it in practice, trading in small amounts and draw your own conclusions.

That's right,  you ain't gonna be perfect at first play, it needs more time to acquire such thing and learn from all the mistake you have experience.
The tips you've seen and read on other sites might be helpful in some areas but not in all aspects, you just simply create your one ideas and strategies.

I think the news in the media will not help us. It is too late and we will miss the opportunity. Besides, their predictions will not be good.
In the field of investment, we need to believe in ourselves. If we do not trust our analytical skills, we should not invest! Absolutely not listen to the rumors of billionaires!

Well, that's the trend these days; however, I would say that if one believes completely in social media, then he is too dumb to even try this market. This market is filled so many dead ends and detours that can really get you lost on where and what to invest on. Therefore, you should not rely on just one source of information and tips, most especially, if such source is only based on social media, which is filled with so many information, most of them coming from people who are not even immersed in the market that could give an intelligible advice. For me, the better sources are this forum, tips from seasoned cryptocurrency users, and trusted websites and cryptocurrency discussion sites.

yes you are right you should have the time to be careful with social media that gives tips sometimes they give very terrible guidance and it could just make you destroyed and experience a lot of losses, you should not be easily affected.

Beneficial in the sense that you know who is sharing them and that the reasons they are sharing them is genuine or beneficial in the sense that you are getting huge advantage from it ?
As far as I am concerned, most of the people that share tips on social medias are not better than you are and the best thing to ever do is to try as much as possible to focus on learning things yourself and making decisions on your own, and even if you want to make use of any tip, just use it as a backup to affirm your own decisions.

It is important that traders educate themselves well enough and form their own opinion based on discretion and logic than  to simply believe what some people say over social media and end up falling for false claims and information.

there is a thing called #Follow Friday on twitter. You can find a trader which style you like and learn from him. But DYOR, don't copytrade

This is true, it's better to learn with yourself to improve knowledge and the ability to analyze asset price movements in the market, compared to believing news on social media and leading to regret.

in fact the latest news about tips on social media can make us richer in knowledge, we have more choices, to draw conclusions, especially about cryptocurrency, we must be careful to see we respond, we can find other input through the internet about the situation is happening, don't we take news only one source, we have to find a lot of news sources besides that we are not wrong in making decisions ..

Yes it is better to learn by ourselves because it helps us to develop our ideas and skills on trading on which can guide us to earn a huge profit and to minimize the risk of lossing a money while trading it in the market.

Tips can be good if you follow them properly exactly how the posters do it. Tips can only be a written information/instruction and it requires your dedication and action in order for you to acquire the same result. So understanding plus doing it well can be the keys of achieving it.

Yes. do not believe in what they say, especially if the informations comes from social media itself. There are so many trickster and scumbags in social media today, they pretended  to be an expert in this kind of business, but their only goal is to perish someone who believe firmly in what they say. Let's just be vigilant with their tips.

I read that quite often but if the tips only tell you to buy some coin and their target without reason or some TA to back it then i won't follow it, if they provide an analysis then it's nice because you can compare yours and learn. It's nice if you find something that's similar to your own TA because you have more people with the same view.

I never listen to the social media tips. I just read and try to get my self educated on the coins and then buy with my own heart.

That's true. Also, keep in mind that there's no one on earth that could make a 100% correct calls in their lifetime. What makes a trader successful isn't solely based on their ability to make the correct call, but how good their whole trading plan is. Without proper plan and strategy, trading isn't much different from gambling. You might get lucky in the few first trades, you one bad trade is all you need to get busted.

I'm not advising to ignore any tips though. What I'm saying is don't follow these tips blindly. Use your own strategy and analysis. Those tips can be a good source of inspiration for making calls.

Correct. 100% agree with you. Even there are lots of difference between two traders and their trading result though they use same strategy, same indicator same time and so on. Why this happen? Only main difference in their personality including emotion. So better search and get help from different ways and source but make it so clear for you that you can get best benefits from it. Each system and strategy work good for each person.   

This is something I call the way of codes. This language of coding and decoding is very risky and can cost you an entire investment with limited or low security. If we talk about Bitcoin, it has a great security system. Blockchain ensures and assure you of the full security and your 2FA accounts could rarely be hacked. As long as you do not let someone else know about your security codes, you will stay safe and enjoy the growth in your investment.

This is very much true. Everyone has his or her strategy in trading and after a trader must have finished learning, he should devise his strategy at his own pace that would make him money. A strategy that is convenient for him

You need to be very careful about all the information that you receive in social media, especially the information that it has to do with money or investments, there are many people spreading all kind of information that is not true and if you follow that advice without verifying it then it's likely that you are going to lose a lot of money, I know this should not happen because people should not follow the advice of someone that they do not even know but believe me it happens.

Clearly, social media has put pressure on the authorities in particular and the general public about the world of electronic money. It also takes advantage of belief and a strong impact on the consequences of investors to plan to increase and reduce prices.

Right, you have explained it all. I just want to say that 'not everyone has the power of social media' we must first see who owns the social media. If those who have an expert and have a lot of followers, then that can be taken into consideration and they can collect large volumes and the core of crypto trading is a large volume.

You can't trust social media for investment tips. Social media is widely used for scammers and market manipulators because it is very easy and cheap way how to distribute false information. You should make your own strategy for trading and do your own analysis.

Yes you are right. I have ever read many thread and advice how to do trading wisely or get more profit.
And most of them said buy deep sell high.
But ht it doesn't work for me.
And the best guide is our own experience,
By often tryng, we will find our own strategy.
Then i get many points from it.

Well you have a point, tips from other traders must be treated as guide and not a strategy to use when you do an actual trade.

Its better to have your own understanding to avoid common mistakes.

For me a reliable source to learn how to trade is a video tutorial from youtube, those videos are useful especially when I was just starting.

Yes, actually we can find a lot of news, information inside the web but we can't rely on it because not hundred percent that those information are accurately true and correctly. We can only count those thread that can be considered as precisely usable and informative when it comes to our trading knowledge.

Being tempted by scammers is actually something each individual will have to be very wary about and know how they can actually try as much as possible to separate something real from a scam. Asides scam, certain tips on social media are just a way for some people to want to drive the market to their favor based on their number of followers, which sometimes, they tend to dump on them anyway.

The best thing as far as I am concerned, is to always at least find ways to do things on your own, do your own research, make knowledge based decisions than relying on someone to make it for you.

Agreed. All info in social media (regarding earning money) is already used as well as it is published just in order to get more money and attention (in the most cases).

I strongly agree with your thought. of course we have to learn everything, especially about trading, since, as you said, many traders give many advices  that probably only work for some people. All we have to do is keep positive and keep learning, recognize the pace and the process, and also be careful when you step in a new step. 

Careful is one thing that we have to have in our mind. Don't stop learning and comparing what and how trading works. Many traders are usually share their ideas but it's probably easy or compatible for themselves. We need to filter and recognize ours.

I can't imagine how people blindly follows those tips who came from anyone from the social media site, people who's doing this are somehow
don't have the patience to learned, they just take the risk and act like gambling with their luck, if the tips goes accordingly then they will have
decent earnings if not they will just accept the fact that they've loses their money, we can do better than that if we will take time to do a proper
research and practice, we don't need to listen to anybody else but with our own understanding and assessment.

Recently most of the social medias are create bad rumours in crypto so many peoples are leave the social media because all the informations are 50% only true and other news they create a own idea. So careful to check the social media tips.

Actually, not all should be dealt with without you being able to at least make some certain decisions on your own based on your knowledge. There are certain times that you need to be able to accept something based on your own strategy and with that be able to know if at the end of it all, everything goes according to plan, or else you just simply ditch it.

Following tips like one's trade depends on it, is a very bad thing to do and I am sure a lot of people who have done this at some point, which includes me, will definitely have been able to have a story to tell.

Of course. I am totally agree with this topic. From my long days trading experience I can tell you that every successful trader have their own strategy which they acquired from their own experience. Some basic about a trade can be equal but trade place and get profit is totally different. They have a special mind set for when a trade needs to open and when it needs to close and take profit. So if we follow social media tips without thinking if it will be good for us or not than sure we can’t catch success. Their tips are so interesting that you may think trading so easy as number count 1, 2, 3. But after make a lose you can find trading is not so easy as they provide.     

Social media are the primary sources that cover news about the crypto currency world. Some of these sources are trustworthy, others deliberately spread FUD and fake information. Hence investors and traders should check these news before making their financial decision.

I personally trust some sites that provide only the facts directly from the teams and do not try to persuade somebody to buy or sell a crypto currency.

if they provide information that builds on the development of the crypto currency I think that is pretty good, because now many are trying to provide false information through telegram groups with crypto signal groups that are not necessarily their predictions are correct

There are proliferation also  trading tips and trading signals on telegram. Always verify thier signals before you buy. Some are selling thier tokens already and if you buy, you might become a bagholder. OR, sometimes you are too late that you are buying thier cut loss sales. Be very vigilant always.

It just advice, as long good for you and give better result do that. We all need to try but sometimes bad result we get everything have risk and we should prepare about it. Learning with out trying is non sense but always trying with out learning is nightmare. Combine both method and do that depend our ability to accept risk. Not easy but worth to try. Keep going and always positive thinking is better.

You don't need to be carefuly, you need to stay away yourself from that kind of advice because in the end you will lose money. Trading should be done only by yourself, trust no one as big people says. You really have to create your own strategies, own techniques in trading so you will be able to manage it on your own time.

where the advice to learn about trading? could you mention the website anywhere? Maybe it is useful

sometimes the tips they give away for free are good tips, because I also get some ideas from social media. it's just that sometimes they make these tips their own advantage. Well, things like that must be watched.

Or often times they do it for free in order to advertise their paid services

I saw a lot groups like those

Some are bragging on their calls hit just to convince the newbs

I rather filter and take those learning materials with them if its free as possible

than biting their paid calls

Just keep in mind that not every strategy will fit to your expected outcome, maybe they succeed of having their own but does not mean to copy or do the same as they did. I also noticed that social media are urging people to invest on cryptocurrency obviously through their help (paid services) they will take care of your money, all of the investors and will try to expand the profit giving you just a small portion of total income.

The media is the second face of yellow journalism. Almost all the channels and the influential people portray their own stuff that benefits them or worse off their rivals in either business or in politics. Same is the case with social media. You rarely get to see authentic news about a happening. About Bitcoin, it is also biased and might create ambiguity so it is better to do your own research and keep listening to the experts.

Right.Have your own strategies in making a successful trading.Do not depend much on social media tips because we do have our own differences and capabilities.If that strategy is working on him,it does not guarantee that it will also fit yours.You can still seek some social media tips but learn to evaluate them.

The social media is the instant way to spread the news and in the same time fake news as well. So relying on the information you get from the social media until you have not verified them is not a wise way of doing things. Despite, you can get the information from many search engines and from the market as well. The more you have perfect information, the more you are in a position to make profit oriented decisions.

Yes you were right. For me, all things or all the strategies I have read are just tips that I can be used and I am not really sure if it will really work. As I / we read more strategies plus our own experiences, we can combine things so we now have our own strategy and may be a better strategy. So we must not stop to learn and to read.

Well it is good if you are happy with the tips you get from the social media. I do agree they give good information but at times, there is ambiguity in their information as well. This is the reason it is normally advised not to follow all the tips you get on social media and rather rely on your own research as well. 

Another reason why it is desired to do your own research is that the strategies one make are entirely based on the knowledge gained from market as well as the technological knowledge and different people derive their own logical points from it so it is good if you do the one time authentic job.

Yes some of them are not good to use or follow. But it depends to the people if they use it or not. Strategy, advice and guide is really helpful to become successful you in trading because you can know what you can do next and possible to avoid losing money or your capital. But better if you have also to your own.

not all in social media are true the others are fake or not good for you as a trader so you don't need to force yourself to believe in that and also it gave you a bad way

In this social media industries I am follow there are lots of people uploaded screenshot for his earning with cryptocurrency trading. They are saying if you want to perfect prediction so just comment below info and lots of people comment info for gets it tips at last they want to some money for giving this trick. As I know this tricks is totally fake if you follow this tricks I am sure you must lost your money because social media tips is not perfect anymore.

Every strategies are fitted on a particular people. It will not suit in everyone because not all have the same strategy. Strategies are based on your own behavior and your own ways to find a good investment and profit. If ever youve seen some advice online, take some ideas on it and try to make your own.

actually social media has giving you some tips it can help you how you start you business or giving you some tips, but not all are good some of them are fake or bring you down or having you a big mistake because of over trusting on social media

You are right, we should aware of the social media signal. If we are serious about trading about our money then we should learn to trade and try to make a good own strategy which will work for me. Depending on anyone for trading there is so bad for a long time. So be ready yourself right now.

This is a good point, they always talk " I predicted this, I predicted that..." and always good things, and 60% accuracy is a fairytale! If you go back on their posts you can always find that in 99% of them didnt predicted this bear market! They were too busy shilling coins they were in their sphere of interest!

Many tips are fake to serve the purpose of the individual, very careful with tips on social media. Tips should be formed by the experts who we trust because they have been through the trading experience for a long time.

I agree people need to make their own strategy with the advice they get online on social media. But I have seen people providing tips for trading with a time period, that is obviously dangerous, that is completely speculative. Yeah, they do come true, but not all. Later they start to charge people for their tips once they get some followers. I think some of the tips provided are not even eligible to be considered for building a strategy.

I know it's very weird, and yet you see people in the forum giving their experiences about doing exactly that and as you may guess the story never turns out very well, it is very illogical, it is as if you were on the street asking for financial advice to anyone that you found and that you followed the advice of the person that you liked the most, if someone did that we would think that he is crazy and I think the same of the people that use social media to get tips for investments.

If you want to get the tips or ideas related to cryptocurrency. You must check that on the correct place first but I see you were doing it wrong. Then people whoever have the thought the social media friend can help with trading. Confirm that you all guys are wrong in your assumption here.

There are people still taking big time on trading experience and making the professional video about the crypto trading and others.

That is why it is so important for us to have a knowledge with everything and just don't rely on social media or to the news, because if we know what we are doing we will not panic and we will be confident enough with our decision.

Not all the time that you see in social media is right sometimes it also fake and will never help you. Always have a time to read first and learn it.  Be critisize on every information that you see about trading or about crypto so that you will not regret it on the end.

The market is like an institution that enables you to learn again and again by giving you profit or loss. These are the signals the market gives you and the market response is very important in making future decisions. Besides, learning from ones own mistake is the best teacher.

No amount of search engines and other material can teach you that. Ultimately one should also do his own research about the market and every factor that influence his investment.

You should not be easily influenced by social media tips and you must have time to be careful with social media that gives tips sometimes they give very bad guidance and it can only make you destroyed and experience many losses

actually a lot of tips and some issues that circulate on social media not only there but in some electronic media usually also give bad news and yes you really need to be able to be careful with false information as much as possible to not be easily influenced by the issues circulating.

well, maybe there are some tips with good methods that can be followed, but there are some methods that have to pay, and many more. well, of course we have to be careful in choosing, whether it's for trading, or anything else.

I completely agree with you. I want to add to what you have said that good advice, strategies and training will not be provided free of charge, because competent and experienced traders do not spend their time and do not engage in a kind of charity.

information on social media is only basic, in essence and way. if you apply it, there must be modifications to your abilities. don't be the same in the instructions. there are lots of pictures about trade instructions, indicators, candle information. but it's not 100% true. it's just a prediction and what happens. I also learned a lot from social media.

Yes, it can be tricky with social media. You really need to look what accounts are you following and what type of information are they spreading.
I have found the podcasts being the best source of good information. http://www.cryptoandblockchaintalk.com/ is one of my favorites. Educational, exactly how it should be imo.

No one can deny the benefit that we get from social media news. In fact, it’s really necessary for anyone to grasp the information timely but obviously not all the news’ are completely true. Especially, these days the number of bad rumours is quite increasing. All of us, therefore, should be extremely careful with all news. Yeah, the most important thing is our awareness. We’d better to have a wealth of knowledge, experience and skill in order that we can comprehend useful information upgraded daily.

There is no doubt you will always find relevant tips that can guide you as a trader, especially if you are a very busy person. I have seen tips based on some coins I have never really noticed before, but later on, because of the tip, I get to analyze the coin myself and then see some potential gains based on my strategy that I can take advantage of. Just like someone already rightly said, following tips blindly without even having an idea yourself is always a bad thing to do.

Everyone most especially during a bullish trend can call shots, but in reality, since you are trading with your money, it will be better to understand the risk of where you are buying from, where you should be selling and where you should be stopping loss; things you obviously cannot know without knowledge.

Being influenced by social media tips is something that can only be a thing for those who are not even confident of their own trading skills and they keep looking for where to get information on what to do most of the time and this can always be very disastrous for their pockets in the long run.

It is not like it is a bad thing to discard social media tips when it comes to trading, but it is always better you have the knowledge yourself and even if you get some clues or tips, you will still be able to have to analyze that market based on your own strategy and then do your thing, not because someone said so.

Indeed social media is helping the community of the cryptocurrency to grow but bear in mind that there are lots of strategies working on different aspect. Do not rely on social media because it is just attracting you to invest even you don't know what it is, some people are deceiving to buy a particular coin just to pump its price then buy-out right after.

Some social media tips are fake I always think that if they know the signal why they keep spreading it to other people's they dont know if its true or not.

But that is the problem if you do not know anything about what to do to earn money with trading in the market of cryptocurrencies, then how are you going to be able to differentiate a good advice from a bad advice? Do you begin to see how this doesn't make sense? Before you can know if the advice that you are receiving is any good you need to know about trading, and if you know about trading then you do not need advice.

Actually all the information you get on the social media are not fake and uncertain or unauthentic. There are official pages that give out authentic information on social media for it reaches the user in the blink on the eye. But again there are many fake pages who claim to be official pages so it is very important to know which page is fake and which is genuine. This is the reason one should only rely on the official websites and on the first hand information that are explained in the expert opinions.

Most annoying among them is some of those telegram signals centers, a number of times I have tried following them, have often lost out, It is believed that they don't trade those signals they drop, better for one to develop his strategy and follow it

Social medias related with cryptocurrencies can be a good source of different learnings about crypto industry but not most of the time , it can help newbie traders to gain new ideas about crypto investing and trading. Sometimss it can lead us to loss some funds in investing in scam projects ànd fake trading signals. I think it is better for us to have self study than reading articles or following crypto signals, in order for us ta make some profits on our investments.

not all are true maybe its makes you a big mistake or making a biggest regret so instead you believe on that just believe on what you can see

I dont really agree with you. We need that information but we need to know soon and be the right source. You can spend a lot of money to buy news and that will be useful when you have a lot of money. Sharks often buy the news and that makes them richer and richer.

When a trader determined a strategy for a trading other opinion does not have to be a crucial factor of this strategy. You can not draw your attention to every judgment if you have your own. It is better when your own strategy fails rather than someone's else.

Thanks for your advice :) I'm aware some experienced traders take to social media platforms like twitter to share their analysis and observations. I'm also aware that no one can correctly predict what happens in the crypto market. But I do find to observations to be helpful expecially when I add it to my own research and due diligence.

You are quite wrong, Sharks never relay on news as they are the person who creates the news and manipulate the market, so that small traders and panic traders can view the news and act according to it.

There are traders out there who gives out good advise on what to Buy and when to Sell but whatever they give out needs to be taken with a grain of salt. You have to do your own research and not fully rely on what they claim. Some of them are paid to hype up a project, to provide a positive review and before you know it, the project is not really a good one an d just waiting for the right time to run away with your money.

Exactly.The market is so unpredictable as there is no one can really make a correct prediction.So trust on your own instinct and make a thorough research.Do not just depend on the social media tips because not all of them are worth doing i think.What has work out for others may not work out for you.

I personally do not believe in the tips you get from the social which is completely influenced by the influential people and can easily give you a wrong news that is enough to lead you in the wrong direction. Yellow journalism is so common these days.

Moreover, one should only believe in the official news and the information that could be gained from channels like Bloomberg that could be relied on. The rest is your own market research.

You are so very right - people think that it will be a 'magic fix' reading something on social media or someone's blog and the result will be exactly the same. In trading, no 2 days are identical and no 2 situations are the same - you wouldn't use instructions to build a highchair to build a kitchen chair, would you? Although they may have some of the same components, and ultimately they are being used for the same thing (to sit), they have different requirements, pieces and steps to ensure they are build correctly and being used by 2 different humans. Does that make sense?

Social media also needs to see news that appears every day. but we must be able to sort between real news and hoax news. so it will be more appropriate to predict the market

I agree with your stance. Social networking is where we can learn and find information the fastest but the information we receive is always a two-blade knife. It is really useful when information is given by a person wearing a white hat. And it's damaging if the information is brought by fraudsters and enticing new entrants into the market. I have also been a victim of trade groups formed on telegrams. The false news is always confused and the psychology of investors are strongly influenced.

In my opinion, when investing, we should create a detailed and specific plan for our investment. First and I think the most important may be the market trend at the time of planning. Second is the price range can buy and sell. Third is the time we spend on that investment (short or long term). Finally, I think Emotion is the greatest enemy of success. All your emotions will probably kill your investment. Be calm before every decision. Good luck!

Some social media tips is fake and not trusted also so they get saying Be careful for social tips and to avoid scam projects/ico promoting fake news spreading.

Some doing those things do not pity themselves when they fail, or to boost the market so they can earn from the pump, which only possible if huge investor. We can not rely on some tips and reviews since we all ko they can be paid on doing it like what bounties and promotion do.

Of course not all tips on social media tips are fake and there is definitely something right to learn. this is just a tip, so in my opinion it doesn't matter if it's false or false, because we only think if it's true, yes, thankfully and if it's fake, you don't get the benefit.

No need to mindlessly repeat everything you saw on the Internet. Each trader has his own philisophy and his own tactics. If you copy someone's methodology, then the moment will surely come when something goes wrong. Do not need to copy someone's actions. Learn to understand what lies at the heart of different trading strategies.

Correct there is no such thing as an accurate one when it comes to crypto currency trading.
It will always be just a prediction.
Just take those basic techniques and apply it on your own. Make a prediction that will best suit you and make choices of your own.
This way you will also avoid blaming others and just regret it on your own if mistakes are done.

Yes.Every trader has its own skills and expertise to develop so we should not just rely from others.We have to develop our own strategies so that if that one fails,we don't have to blame other people too.Social media tips are not guarantess that it will lead to one's successful trading.Sometimes we have to rely on our own because in the end,it's our own decision that will prevail.

seeing or reading someone's tactics is needed to be motivated. but maybe the best step is to set our own strategies or tactics so that they can run optimally and that can be used as a separate way to become one of the things that boast for ourselves.

You right, not all news on social media is just stupid speculation made by some users, first look at the news source,
if they are influencers or even credible media, maybe their news can be a reference for analysis and research that you can do

This is the only correct way to use that advice, I see many people that are using the signals that they are getting in social media to trade immediately and that is a huge mistake, in the best case scenario you should use that information to supplement your own analysis and nothing more and if you are incapable of creating your own analysis about what the market is doing then you should not trade.

Study first and acquire enough knowledge, tips from the professionals and experienced traders are good but every tip has a hidden agenda of those giving tips, they are for the benefits of what they are holding or trading coins or tokens. Much better for you to acquire knowledge first for you to make an assessment on every tip you read from the social media.

People who don't have knowledge will follow the tips mentioned through social media and telegram channels. Instead of following their signals it is better to lead yourself because they won't give free signals without getting the benefit for the signals providers.

Yes, of course you always have time to read first and learn it. Tested on any information you see about trading or about cryptocurrancy. It is better to avoid and not panic easily for you.

To follow many of these social media tips is to be absolutely blind. Be enough smart to come to your own conclusions, study the market, learn more about the crypto.

It is very useful to learn about different strategies and study different market situations but only for learning and practicing  purposes.
We cannot blindly copy/paste these suggestions in real trading actions but they can valuable pieces in our "knowledge base".

It doesn't matter we learn from 'Social Media Tips' as long as he can still provide benefits when we use them tactics. However, what you say is also not wrong because by doing own research and designing own tactics it's indeed a good idea, but what about those who are still beginners? ... Do they have to design it themselves? ...

I agree because we have own brain so much better to study and learn in our own  because sometimes social media is not have assurance that give you a right opinions. So much better to self research and study it.

i think for beginners it must first learn from the media, but it would be better if there is a senior assistant, so it will be more effective in learning, and not experience frustration due to confusion, always wrong in determining attitudes

Nowadays, social media is the scammers' heaven. Indeed, you should be very careful with it. There are so many unprofessional people on social media today that are trying to give people tips about how or where to invest in cryptocurrencies yet they are promoting ponzi pyramid schemes only to get their affiliate commissions. some of these people even know they are promoting ponzi but they don't actually care because they are scammers too.   

Yes, Don't let your ideas taken away by others. Do your own strategy. Read Read and Read that's how it works! Some newbies in Crypto trading are starting to hype their own opinions and sell it to people around them. You must have your own decision.

Lol even in this forum there are so many so called EXPERTS that will give advices for not knowing that all of those only favor their part,thy will let you believe that the coin will pump but the truth is its not instead the other coin will,thats how misleading these advisers here,so better watch out and invest at your own risk

I don't know why people rely on others. You just need to be confident what you are doing. study about the market as much as you can. I would say don't follow everybody who are giving you advices or telling you the strategies on social media accounts. They all are just like us. Few of them have pretty good knowlegde about market, forecasting and cryptos. Rest all are still learning by their experiences. Its quite difficult to identify the actual person who can actually guide you. So don't rely on anybody. Ask for advices but make your own decisions. Only then you will learn new things.

Yeah, I've seen the word "signal" being used in a lot of thread titles and I was kind of wondering where that came from.  It's almost become a buzzword much like "airdrop" did last year.

Joining a pump & dump group is just gambling IMO, not investing.  You might make some money IF you can sell in time, and you never know if the market is going to be liquid enough for the coin you're trying to sell, because chances are that everyone is going to be trying to sell at the same time.  That's not my thing, and I wouldn't listen to anybody's trading advice on social media or anywhere else.  If someone really has an ironclad way of making money by trading, they're not going to share the secret with everyone else.  That goes for all investments, not just crypto.  Successful investors don't make their money by trading on tips they got from others.

It's just the usual groupthink, which is why people write a bunch of crap in those trollboxes.  They're trying to get people to buy the coin they themselves hold, thereby driving up the price so they can make a profit.  This crap has been going on for centuries.

I also don't believe in a group that having a signal in trading price movement or those social media tips they are most likely delayed in broadcasting their tips that might be a loss you at that moment. You shouldn't rely on others to do your own research on having a trading business, besides you can use them as a reference on your work that you have a guide, but to follow them, never.

true experience is the best teacher, keep learning from mistakes you will definitely get the answer don't despair when losing because it's the beginning of your success

Thats the logic, why do they provide these strategies and tips for free? of course because it's only for their sake. do not be too
confident with the tips that circulate on social media, just use your own knowledge for the strategies that you will use..

Social media tips are for the benefit of the one giving tips and it has nothing good for those who follow. Trade at your own risk, acquire knowledge and follow your own strategies so that at the end, you won't have anyone to blame if these strategies fail. Still, proper knowledge is a MUST to prosper.

Spreading all kinds of information, especially the information that is connected with scandals, social media make billions. Thus, do not pay attention to the fake news about cryptos.

That's right because there are a lot of tips on social media that mislead us, so it's better to get tips that are really good. All of you can go directly to the bitcoin forum, because here we can exchange good opinions about trade and investment.

they are only supporters of personal analysis, there are likely to be many who follow, but in the end many traders will return to their respective decisions, I'm sure traders don't just follow 1-2 groups / channels as comparative analysis. they always determine the best with a more reasonable ratio.

Social media news and tip about trading aren't usefull as a guide which coins have potential to grow in the coinmarketcap but not means is realable its also a prediction from the different people so you need to analyze your own to avoid loses in trading.

Yes and No. Depends on your source of information. I usually follow traders who give out tips in twitter. They don't only give tips they also provide technical analysis backed by historicals and trends, not just by hunch or wild guess. However, better watch out on those who give tips for a fee, because sometimes what they gave out already is late, meaning someone is ahead of you who also paid a fee.

Even doing this still exposes you to a certain level of reliance on the social media. We must all admit that the media really is a necessary evil and we can't deal on trading without them. Yes, it's a reasonable thing to sieve through the junk journalism to get a handle on the real thing this day. But how do you even do that when you don't know exactly what you're looking for?

In business as well as in the crypto market when applying good communication and advertising measures for the period we mobilize people. But when investing or trade we need to act from ourselves. is the media campaign.Because now it is no longer suitable for the stage of money invested in the project.Always careful and depending on the case that the application will be effective

We just need to be aware of it. A lot of social media provide some tips on how we should do for trading. It's okay to learn from those information. But look closely to the information they gave, they made rational analysis based on sources or not. I mean they do tell the some kind of technically, fundamentally analysis or not. However, decision is in our hand, not theirs. Then do examine your decision carefully so that you won't regret it later.

Thats why we need to use this advices as basis of finding what we wanna see,and not as direct pattern of our strategy

I have been buying coins quite some times but i never bought just because someone told me so,instead i take their advices to gather information in every specific coin i might choose to buy,this how we must deal with them,since most of them are just pushing the coin for their own benefits

For me, i do not believe in some tips. Especially if the source of information comes from social media itself. Because, there are many people self proclaimed an expert in this field. But, their only purpose is to harm others.

I try not to pay attention to these social media tips but I do it even when I hate it. Unfortunately, we all take into account the stuff that we get from the Internet, and nothing can be done with it.

Exactly so many social media fake. They provide wrong information about crypto trading. We need to be careful about this type of fake information. Causes by this we may lose our fund by following wrong strategy.

Most of the social media can be use it as a fake news or for whatever illegal purpose. And besides, there are lot of ways for us to learn trade not in the social media. Though I'm not against with it, but of course it is much good if you will study here in the forum particularly in trading discussion, lots of members here will give you a tips of advise of where you need to go on the link they will give to you.

Yes, just be careful with social media because it is free for everyone, not all things that can be seen there are true or reliable. Some tips might be intended to mislead the reader so they can gain from your mistakes.

For tips in cryptocurrency and trading, better to have copy of reliable books of successful traders. Their experiences might help.

Off Topic

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I do not fully agree with your opinion, social media is not a suitable place to study, especially about trading. there are too many people who are toxic in commenting. comments that do not build, and instead drop each other. and often a place for scammers to look for victims

Absolutely agreed! Our community is spammed by "elite unique vip telegram pump channels" and that's not good, especially for newbies... I'd never trust such sources...

Yeah right, do not jump in easily what is being fed on social media. Though its a good tip but still it needs to be validated and check some data and made an analysis. Some social media tips are from influencers that is being paid. Not even in social media, but also in some news article and features stories.

Social media for me is full of hatred and misconceptions. I don't like to use it because I am just seeing people who becomes wild due to their freedom of expression. I used social media to earn money and messaging my family. That is the only usage of social media to me. Because I never add people that I don't know before but in terms of money, I add them today.

Not all tips about cryptocurrency and in trading is worth it. It's up to you f you follow it or not. Maybe you will use tips that you think is really worth it to use that cannot cause you losing money. But mostly of the tips is useful for us.

In social media tips is very important to us to get information about cryptocurrency and what happening in news you are always updated.

I follow Twitter and Telegram but I try to be very careful. There people can always post fraud news and scam. However, it is better to come  to your own conclusions.

- I never really paid attention to the information on twitter because we should remember this is social networking and public sharing, people will know, and if we are an investor or a trader, we want to make money, we will never share it with anyone, life is always selfish, unless we get the benefit of sharing, if not, we will not do it. Understanding that, I have removed the analysis and information on the social network from thinking, they just want to trick us, I only focus on personal analysis and communication with acquaintances, it is more useful and safe

If we are talking about news of companies that we can track on Twitter and Telegrams, this is a very good resource, you can find out about upcoming listing on exchangers, or the next stage of the roadmap, which will probably affect the price of the token.

I really see it as a good comparison because I also have limitations in every trade analysis. at least they write something that makes more sense that will break the deadlock of personal analysis. I do not fully believe but there are some tips from accounts that have a good reputation with positive data and facts.

true, many now who give tips that look good but he/her never tried the tips or the tips have not proven successful. indeed, it is better to look for ways that suit yourself or try to find a successful mentor, who is ready to teach us, he/her tricks and tips.

If you have found some reliable sources of tips then you are free to follow their advice but I will never invest my money based on what I read in social media, if I am going to lose my money I am going to do it following my own predictions about the market because I do not want to lose my money and then lament the fact that I followed the advice of someone that I do not even know.