Bitcoin Forum

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.

Rightly said! Also with the recent advancements of AI and deep fake videos, it has become very easy for the scammers to spread false information in the market. I am seeing couple of videos where Elon Musk and Warren Buffet is promoting a cryptocurrency. That video is obviously fake and made using deep fake technology. But for an average person who are not aware of AI, can get confused and convinced easily.

Personally I would not suggest anyone to investing meme coins. It is more like a gambling rather than investment. So if someone is prepared to lose their investment, they can go ahead and invest in such coins. Otherwise it is always better to stick to Bitcoin and ETH.

Well as bloggers or vloggers thats precisely what they will do. But we have our option to check first what they are shilling. Its always our prerogative to follow or not those calls. We cant say they are wrong but surely they got some narrative for that speculations cause if not then they are just trying to pump their bags and exit as soon many people put up liquidity. Not all social blogfers are leeches some are literally good on providing information but of course we cant deny presence of garbage influencers too.

But the advancement of deep fake is rapid and it close to possible to create an exact look a like along with an exact voice with multiple AIs and if I am not wrong I even saw one from Andrew Tate trying to sell some courses and shit-coins those are obviously deep fake but who knows when the technology will become to create one that can't differentiate true and fake ones.

Also, governments are in action to regulate AI developments and some famous individuals seeking complete stoppage of the technology too.

exactly why we should have critical thinking skills we should not follow these influencers blindly because a lot of them are paid to say whatever a company wants them to say i even know a few that do not have any ounce of idea what they’re talking about but for a few bucks will sell it to their audience

well sometimes experts are not all exactly objective too most especially if they are also influencers so it’s really better if we learn for ourselves and try to have our own perspective

  Thanks for the reminders anyway. In times like this, when we are entering the bull run or halving, I really think there are many influencers who are pretentious and self-proclaimed that they are crypto experts even though they are not.

  A lot of people who pretend to be experts are actually in the era of halving and bull run. If you don't know anything about cryptocurrency, you will definitely believe these influencers. Therefore, it is better that we ourselves know and have knowledge of trading in the cryptocurrency business.

It's difficult to predict the crypto market. It could be the starting phase of a new bull run where bitcoin reaches 100K and all of alts make their all time high.
But it could be a small price boost before the bitcoin halving. And the current situation could act as a bull trap for the traders.
Whatever be the result, we should play safe. Keep both the stakes of stable coin as well as crypto so we neither be left behind on the bull run are put our money on coins at expensive price and never recovering from it.

There literally was an news article that said there was FOMO and YOLO on the market and opening it, it further suggested people to take risk.
YOLO could be fine in enjoying and spending time with your friends but is never a good financial idea. Your investment should  have careful research, diversification, and a long-term perspective.
It's not a bad idea to listen to people who know about the finance but you should also know that they may have their bias. You need to take decision for yourself.

If you read more carefully, you can see that they are actually advertising these projects. You can see how they explain the reasons why we should buy altcoins. Most of them are just optimistic predictions and estimates without telling the risks. I often see lies made by some bloggers. Sometimes they advertise a project, and there are also those who just make up stories so that their writing looks interesting and can be used for other purposes, such as increasing traffic or selling advertising slots.

people who set up groups about altcoin predictions just to make the group admin happy. I don't forbid people from not believing in something, but we need to be careful with the rise of self-interested people who can lose our money. it is more comfortable to hold bitcoin, ethereum long term so that it is not controlled by other people. Bitcoin time history can be a correction understanding for us, when the good time comes

I would have to agree that they are some of these experts that are actually good at what they do and some of there calls are most at times corrected but just as you said the social media is wide and many fake projects utilize some of them to either create or advertise there projects. I wouldn’t stop anyhow from actually looking into their projects or calls but what I will advise is be careful of who you follow. Stick to the old guys and not the just recent. Influencers. Also do your proper research and make sure the invested amount is something you can lose

Whomever that follows such information on twitter or any media channels is like someone just following people without direction or doesn't worked hard for his money. Bullrun is time where people falls victim of many scam coin and projects because they don't know what is the real intention of those projects and coin why because people will come with the intention to share tips on coin that will possibly give them much expected x within the period of bullrun, but most times they often gives fake signal and information and if they don't give accurate information those who follows them ends up losing huge amount at the point trying to enter those coin they shared information.

This is a common scenario in every bull market. New influencers and experts emerge from the sand with investment strategies and suggestions. We should be careful about this kind of person not only in crypto but also in other types of investments. Most of these people only sponsor videos and don't invest in those projects by themselves. What they are good at is making video and talk like professionals to convince people. Before following any influencers we should look at their background first. I think an influencers needs to have experience of  two bull and bear market to consider expert in these fields still it doesn't guarantee that they will be 100% correct all the time.

You are correct, it is really tough to predict crypto currencies overtime, I think for the last two days market seems in consolidation phase, and it may persist for sometime until and positive deployment regarding ETFs approval takes place and Bitcoin resumes its upward journey.

On the other hand, any negative news can drag down the Bitcoin to its next support level, which is around $41,500 on the weekly chart. It is important to exercise caution and think twice before making any trade. DYOR

This type of marketing strategy is very common, companies linked to this cryptocurrency pay websites to publish news about them, generally to capture investors for greed, these coins are the ones I would never invest in, because if they have this advertising system, that's for sure. that the project is only based on enriching its developers.

every bull run however every shiller becomes an expert so there is no surprise to this. where one or two in every altcoin channel you'll see them shout XRP will be more than $10 soon.  many will believe them because the majority of the altcoins are also rocketing.

what i think they should be cautious however is when they should be selling because some of these new investors will fall in love with the altcoins they hold and they may hold it even in the bear market.

Yes deepfake and other AI tools has been utilized for purpose of scamming and someone who is not much into technology or upto date with AI will be fooled. It's more about there cheap so called influencers who are paid by certain project to hype their project and there will be heard of sheeps following them.

Instead of experimenting with memecoins or NFTs it's better to stick to Bitcoin and ETH as the success ratio of meme/NFT are very less but once one out of 1000 projects rallies then it becomes talk of the town and there will be dozen more coins launched with similar name.

It's better not to heed to any such marketing tactics or ignore the prediction during bullish season all together and just go with market trend.

I can never follow altcoins analysis by any blogger and through any social media platform, it's obvious that most of the price of altcoins move either bullish or bearish if the price of Bitcoin dump or pump thus share almost the same price action with Bitcoin, as a newbie you are expected to buy trusted and reliable altcoin during the bearish runs of Bitcoin which I believed had pass for instance November last year  the price of Bitcoin was a lower price then that was the best and most appropriate period to invest on altcoins of your choice after research, it can very risky to invest blindly on any altcoin when there are real and credible altcoins.

As the market is gaining momentum, there are people that are working on new projects they would launch and use to steal from their victims. We need to be very careful and we invest in new projects this time so that we can stay fully guided from falling victim buying the wrong coins. It is very encouraging for those that have large holdings in Bitcoin and altcoins too because the bull market is going to be long and profitable to holders and traders.

I would consider very few people i follow as market experts, and they don't tell you where you should put your money. They just generally speak about market movements, fundamentals and technical analysis. Any of the descriptions you gave as examples deserves mostly  ::) -emoji. They can tell how big of a probability it is. But phrases like top altcoins that will make 100x is shill talk, and never to be taken seriously.

These "experts" can't even pretend to be experts because that's not their forte. They are showmans for fast paced media, like tiktok and youtube. They wouldn't have enough substance to seriously fake it. If you don't know who to follow and you need to follow someone, pick people who are humble and who owns their mistakes. That obviosly comes to top of the fact that they know what they are talking about.

Sadly this is what drives the novice/beginners crazy. I once had someone telling me that a popular YouTuber said this and said that, and I had to tell him that these people are just human like he is and have their own viewpoint which isn’t necessarily the truth. Cryptocurrency as a whole doesn’t have anyone that it talks to and maybe give them a heads up. It’s always speculation and surprise. No one ever sees it 100% completely coming. As usual, do your own research and when you’re done, invest only the amount you can afford losing.

Therefore, we have to stop relying on others instead, we have to trust and save ourselves. Just to think that if others can make their market prediction, it is not impossible for us to do it because all the data is already available, only we need to analyze it and make decisions based on what we understand.

In fact, many people have lost their money from following these influencers claiming that they are an expert, yet they never know what crypto really is.

its always self interest that take place when it comes with following these influencers they always trying hard to make liquidity out of their followers.
these influencers exist to get themselves rich not to make other people rich but alas some beginners are so hellbent on trusting some random stranger about their financial decision that even when you tell them not to follow these influencers they'd rage instead.
people should know how to make their own analysis when it comes to crypto investment and trading otherwise they don't really deserve to be making profit because lets be real here, the market is tough, most of beginners with reckless behaviour are just simply gonna get eaten by the whales.

If I choose one that already has a high rating, if there are a lot of followers and the positive comments are good and correct, then I will follow. maybe there are many good ones like this, one of which is https://www.youtube.com/@KevinSailly, lots of good lessons from the reviews.

Many KOLs have different good/bad purposes, so understand that when the market becomes active again, there will automatically be many people giving their opinions in the media. Sometimes that information is copied from some source, and people's ways of navigating the news. I understand that no one can really help this market better than you. If investing depends on someone, that person will only see it as a tool controlled by the market.

Those who can recognize and overcome uncensored information on social media will be more mature in the market, and I also believe that when you are aware of your own responsibility with your own investments. For me, every decision deserves to be respected and also seen as a lesson.

Indeed you right about what you are saying. Scammers has come to crypto and have device several means of decieving people on the type of altcoin that will pomp massively where as those proposed project are there product, which they leed ignorant people to it. No doubt about that. The problem is that we always fall for cheep scam like that, and the primary reason for this is because of greed. It's only greed that will make someone to fall for such. We all knows that bitcoin is the father of all, but we always go for the cheaper ones and want it to pump massively for us to become super rich. With the motive of "life is a risk and only those who take risk survive"

Exactly sir. We mostly see these kind of news analysis. They just always made it just for traffic for their earning I think so. They are not good analysers.
They just do their daily routine work and people think that are giving a good advice. And they just trapped by them.

And you are right we should make our own research. If we will believe ourselves so we can make a good analysis and we can get much profit as compare to their analysis.
I never hear them I read the article than make my own analysis if these coins fit in analysis so I buy them. Otherwise leave them.

That's right sir. we must have to be careful otherwise our investment will end up in the wrong room. Yes. various ways people use tricks to attract buyers and confuse newbies too. business competition but yes or no it seems to be heading that way too. Sometimes the analysis is really correct, sometimes it's just a copy and paste of someone else's.

There are a lot of "experts" and their "golden" prediction. "Top 5 altcoins with 100x pump" sounds "interesting", but how often is it right? People who work in crypto are like the most enthusiastic players in the crypto world, right? In bull markets, they are prophets, and in bear markets, they are doomsayers. We've seen this script before.

Why not just enjoy these forecasts for what they are: fun? We need to look at this show with a skeptical eye. Altcoins are pushed, but Bitcoin is still the leader, right? The original coin, which is often dwarfed by these flashy new coins. Remember that every story that says "Whales are investing in these altcoins" has a plan and a puppeteer that you cant see. So, we need to be careful, do a lot of study, and be very careful about who we trust. When it comes to crypto entertainment, the only thing that should get a standing ovation is our own smart choices.

These are paid blogs probably coming from altcoin bounty campaigns they publish news coins they've participated into hype, shill, and pump the news of the coins or tokens they are promoting, they are all praise for these coins/tokens because they are paid to do so.

The next big things are just catchphrases but if you look at those platforms they don't have anything to offer, the same thing as burning mechanism and profit percentage for every transaction, pump, and dumps are like this.


That's the easiest way to lose your money listening to these so-called experts, there are so many shitcoins marketers right now pretending to be market experts because they are paid to do it and they are making a living out of it, its preferable to have a discussion with your fellow average investors about investing.

There may be some random bloggers but not everyone should be seen from one point of view. There are thousands of altcoins in the market, with many experts giving different opinions about altcoins. Do you think you will invest in all types of altcoins, if it was my case I would never bother with thousands of such altcoins. I think those who want to invest in new altcoins must keep an eye on the already active altcoins in the market. Because most of the time when new altcoins come, experts don't do proper analysis. However, we should all trust our own conclusions from such expert analysts.

In my own Opinion not all crypto experts featured on social media influencers are deceptive, some genuinely possess expertise, particularly those I have followed for an extended period. These individuals have proven their knowledge in analyzing crypto trends. However, even when a specific coin is highlighted in their blog, it's crucial to conduct personal research and verify the accuracy of their statements. If I confirm the information to be reliable, I may consider making a modest investment in that coin. Ultimately, the decision to invest remains in our hands. It's vital to dedicate time to thorough research, avoiding impulsive decisions driven by FOMO or hype.

In investing, you always need to be cautious, not just during this period when FOMO makes many outsiders want to enter this field, and with limited knowledge, they are easily drawn to groups, bet on money or trust someone.

One of the big mistakes that most people make is refusing to learn knowledge in a new field in which they are risking their own money, only to make excuses and blame others when they lose money, but the biggest mistake still belongs to that individual.

Looking at the way Bitcoin has grown recently, many altcoins are also responding, and many evil people have really made moves to return, I also often see copied analysis spreading on X, but honestly, I never believe in those analyses. It just tells me that it's a sign that the market is getting hot again.

Even market experts are not experts. It's really hard to predict crypto market. Tech analysis is almost not working here. So, stay safe and stake sats

There is no trust in spam sources, only a few are willing to believe such unverified information for the sake of easy money. You need to study the information in detail and not make hasty decisions. Making money trading currencies is not an easy job, you need time to study the cryptocurrency market, try to delve into all the processes and technologies underlying crypto assets.

The useful summary is that it is time to invest only in Bitcoin and not to invest in any of the altcoin until you are completely certain that it has value and that its value against Bitcoin will rise, and then buying and selling it against Bitcoin is the optimal strategy.
Beginners may not realize this fact because they believe that they can make a good profit from investing in altcoins, especially after every pumping signal, but after several deals they will discover that most of them were not as good as they expected.

I think this is the common problem in the crypto market, everyone acting to know but the truth is no one can predict the market 100% rightly, everyone pretending to know mostly on social media commonly on Telegram no doubt they're humans like us and they have their own view on the market it's not a must to believe, just like the way everyone has their own predictions but the difference is they decide to broadcast their predictions on social platforms. No one can be an expert in the market that's just the truth, surprising beginners will fall for this trick and some investors who lack the idea of making research, it's best to make research and do your own thing

Perhaps, it was necessary to verify the source rather than trusting it too fast, we never know how legit it was or just was a sort of their personal opinion because we are still the ones to suffer in the end. We have to find a reason why we have to believe them, they will have some credentials to show before claiming themselves as market expert - experience, familiarity, and of course, deep knowledge about crypto. However, we should also have to encourage ourselves to learn and become independent because this is the only way for us to succeed.

I agree. A lot of people from the older x generation are going to get duped just like boomers got duped with fake phone calls from scammers claiming to be family members in need of money.

And it is only going to get worse. Fake AI voices certainly level up the entire situation.

I would have thought that by now, we would have some more anti-AI AI tech that could deal with such issues but it seems there is no huge market for that. For whatever reason. Maybe because AI is not advanced enough to be considered a danger.

Truth!
They will always be there at both bear and bull times but we have to be more cautious at these moments of time. Do remember, there are those who are trying to pump a coin that had been in their safekeeping for years and they want to ROI using the bull run now. I won't bite on that trap because I already did before and I learned my lesson.
There are also projects that will try to revive their coin but the truth is they are already dead, they are just trying to make money out of nothing or they still have a large volume of that coin. Although they are listed on some unknown exchange, they are still dust and they will take advantage of this opportunity to sell it if they can somehow increase the demand even with just a cent of a dollar.

Let us all be careful and I agree with OP that investors should understand that this ain't really new but all must be warned just so we won't forget. Let us try to minimize the victims of such phenomena.

What you said is right. As we get closer to the bull run, we need to be more careful. As long as possible, just hold and save first. Now, if you think you can keep up with short-term trading, go for it. But if you hesitate and you know that you are not that deep in trading, then do not force yourself to go along because your assets will be wasted.

So the best way really is to continue dca and hold; that is the only key so that we as holders can still be successful at the right time and season during the bull run and the upcoming halving as well.

Agree with your statement because there are lots of people who shows that they can easily predict market and market goes according to their prediction but I think that as we can use our IQ level according to past details so similar will do those people. There is no one who exactly speculate the worth of the future but sometimes there speculation become accurate so most of the people trust them but there is nothing real about their predictions.

Don't get any suggestions from others and also don't believe blindly if someone tell you about future because as they can predict you will also be able if you watch the history because bitcoin always repeat its cycle so similar things occurs with other coins. But if you are unable to decide then just hold bitcoin and then leave all the things on future because neither you can see future nor anyone else.

Well, we can't deny that these so-called experts are either to get your money, your views, or just even your support. I don't see that it's all of them, I can still say there are still out there that do it with passion without anything in return but they're rare to find these days. Those who really do some in-depth research are those who got little views or following and I guess people need to know that.

Navigating through the flood of speculative noise in the volatile world of cryptocurrency demands a keen eye. It is critical to proceed with care when confronted with the cacophony of cryptocurrency forecasts. While alluring headlines promise stratospheric riches, it's important to note that many of these self-proclaimed gurus have a chameleon-like history of preaching panic in bad markets and then abruptly morphing into optimistic prophets during bull markets.
It is critical to rely on thorough investigation rather than falling to the temptation of '100x' claims. Following influencers on social media blindly might lead to risky investing decisions. Instead, arm yourself with information, validate reputable sources, and devise an educated plan. A balanced approach is your best defense against possible traps in a market where disinformation abounds.

There really is a lot of byte on unknown coins right now. And that's why it's worth studying a coin before buying it, doing research hasn't hurt anyone yet and that's how you can find a real gem. For example, I found TFS token this way and still get a good profit from it.

Yup, though this happens every time it's our duty to educate the crowd in advance as we there has been sudden surge in these activities as we are on upward trend and as you said it would only get worst in upcoming days. Just a suggestion that everyone should do their bit and spread word of awareness if any of our friends or family members or colleague discusses about such channels or influencers or predictions.

There are people who are doing this just for view for their reels or YouTube channels, also there are those who wants to trap us in buying their premium membership program and then there are people who are worse than previous two categories and they are the ones you have mentioned who accumulate shitcoins and holds a huge amount of it, trying to manipulate users to buy it so that it would trigger pump and then they will dump their holdings and buyers will have millions of worthless tokens in their wallet.

I prefer to follow my heart, meaning that the investment decision is the result of a portfolio that has been collected which has been filtered or sorted and tested for suitability by comparing it with predicted news spread on social media and from other media, but the decision is still in your own hands because There is a special pride if we get big profits from the results of our own choices and that can be an additional confidence for future capital because the above needs to be done to reduce the risk of choosing the wrong altcoin for investment

I can say whatever I want about any shit coin. I can literally say that this x coin is going to pump 1000x. I can show you proof (Even if it's not legit). How are you going to know that it is not legit if you don't have any knowledge about it? Those who are actually knowledgeable and know about this, are not going to waste their time looking through some blog post or videos on the internet. Instead, they will focus on doing their own analysis and find a way to make profit and take the advantage of current market situation.

So it's all about gaining knowledge and experience. If you know how to do it on your own, you will never follow someone else. People lacking knowledge is why those so-called influencers are taking advantage of them. First thing first, go and learn about it. If you can't do it on your own, then this place is not for you.

Following one's heart is a great way to take massive losses from the market. Our investment decisions should be based on facts, events and strategy. How we will take entry, for how long we will hold our position and how much loss we can bear for this investment should all be considered before the investment. Even a bad strategy is better than having no strategy at all. If you are investing by listing you are gambling not investing.

The best way to increase your investment knowledge is by build up your own strategy and learn from your mistakes. You can change your strategy so that you won't make the same mistake again and this way your investment strategy will get better over time.

And very unfortunate that many innocent people have fallen into self-proclaimed experts and trust them. A lot of people lost their money from following these experts pretending that they know what will happen next but in the end, they will say sorry. That is why, it was encouraged especially for newbies that we have to do research on our own rather than trusting strangers because we have to know that the market is unpredictable. In fact, there are a lot of learning resources available online which is not hard for us to learn personally even without help from others.

So following your heart is a strategy that is based on the results of your own research resulting from events that have occurred or personal experience. Of course, this decision has been considered, so if something bad happens, we have to be better in the future, meaning improving our ability to make strategies by doing deeper and more detailed research so that the same mistakes don't happen to avoid investing in shitcoins

This will keep happening if newbies keep coming as well, newbies are there primary target. We cannot control it but a little thing like this as a discussion in this forum will somehow help them in small way so that they will be aware. Being vigilant in the first place will help them but if you're not being aware these scammers will totally exploit you.

Anyone that has any previous experience with this market knew this was coming and I doubt anyone with that experience will fall victim of such useless predictions and recommendations, the issue are all the people that are not part of this forum and that have no experience at all, which unfortunately are the majority, and those people are at a serious risk of losing their money, since they will invest in all of those coins thinking about all the money they will make, without realizing they are instead making the dreams of those scammers becoming true as they will earn a fortune by deceiving all of those gullible people.

Predictions are merely 50% probabilities of succeeding when it comes to the market, it's filled with high volatility. In any project we invest on, we find ourselves ready to take on to the next phase, always ready to do what's right and adapting to good running projects. The market is general and it's for everyone as far as one have the mentality of associating with the appropriate footings of the crypto market and digital age, there's absolutely no difficulty to handle other than examining crypto charts and ensuring to make good entries on them because if one makes wrong entries, losses are recorded and it will also affects one's portfolio.

FUD, most times and if deliberately done, provides a positive opportunity for wealth recreation as panic hands will sell off to hand over their hodlings to diamond hands to hodl and enjoy the ride. So, whenever I find anything that looks like FUD on viable projects I conclude immediately that's intentional to buy back the dip. It's necessary that we embrace FUD as much as we want to always hear bull run here and there.

I guess you meant they would use the only one out of their 10 coins that does well as a selling point, not unselling point.

I haven't seen a prediction of the cryptocurrency market having a 50% success rate. No one has been able to even be close to that percentage but I know one thing, which is whenever the market has a green rally such prediction pops up. Whenever the market has a red rally you will hardly see such kind of prediction. This is the age of AI if you ask an AI it will decline to predict the crypto market. I will give you a probability figure after looking back at previous data, which will come up with a disclaimer. This is the time for scam projects to come up and this is the time when influencers will shill a project for their benefit. It is better to do research before investing in any new crypto project or existing crypto.

the funny thing about some of these guys promoting these coin is that they are not into crypto. They only have a reasonable number of audience and are mostly paid to run this advert and it means what they are saying is damn theoretical and doesn't hold much ground in real life.

That's one of the reason I like this forum because most of the information you are getting here is coming from individual that are already in the industry and so if one shares a false narrative, they will be promptly corrected and you make your investment decision the right way.

Many are saying that we are already in the bull run because the price can now easily break newer areas. Even me, I also believe on that. You rather say that we are now close to its peak. We can be careful in a way that we won't sell our coins early and only gain lesser profits because the temptation is getting heavy in times like these. For the many maybe they consider investing to be the best, but for the few, it was trading is the one that they think better. It's only about preferences.

And smart traders is always able to trade and earn in any market conditions and not just if whenever there is a bull run. The one that can benefit from the bull run more is the investors.

Market movements can't be predicted due to the chaotic influence of even minor factors, which makes any market forecasts just a set of random assumptions. All these so-called experts themselves don't know anything and can't know, therefore, their statements should not be taken as a guide to action (investment), but have only an advisory nature (which should be treated with extreme caution and attentiveness).

I think that all successful expert forecasts are only the result of chance and coincidence of the forecast, and in no way an indicator of expertise.

Regarding your own research. Even experienced investors are not immune to mispricing of altcoins. How do you present your own research to newcomers? They will definitely make mistakes somewhere due to lack of knowledge and experience. So, this advice is also dubious.

Usually during the time of bull the market is always filled with new projects and most of them are only hyped for the moment, not majority will survive and they will disappear in the market as soon as the bull rally is over. DYOR very well not to be scammed by fake developers that come up in different forms and to be in the market just for the purpose to scam people and not for the real utility purpose.

I won't encourage investment on new projects at this time because that will mean taking a risk that is not necessary because you want to jump into profit but it can turn out to be a trap.

Agreed people should avoid taking advices from bloggers or YouTubers especially during this bullrun .Most claimed to know a lot about cryptocurrencies advising people to buy that and sell that resulting mostly into losses because they themselves are not expert themselves. Some even offer mentorships programs for such ,so people should take care to avoid been scammed during this bullish move in the market.

There’s a lot of hype and self proclaimed export, we should really not to rely on them because this can be a risky decision. If you can trade on your own much better, and please do extra export to be more professional in trading because that is for your own benefit. If you still want to follow those advices then expect to lose money and you will also lose the opportunity of this bull run, make sure to invest wisely.

It's a great point.  When everything is pumping people tend to think they know how to time the market, which coins to pick, in and out positions, etc.  If they tend to be a popular source I'd recommend going back to when things were just about to dump last cycle and see what they were saying then.  When ypu make hundreds of predictions by default some of them are right.  Doesn't mean future success.  All in all I'd say do your own research and make your own calls.

In short, don't follow what others are saying.

Just follow what your instinct is. If you're a newbie, I don't know but following 1 or 2 so-called experts out there might do, but still beware because those 2 might be just some shillers out there who doesn't know anything about cryptocurrencies or at least doing TA, but they're just predicting base on what they feel.

Being caution = not following what others are saying. I agree with what you said that not everything in the internet is a market expert. I've been watching only one crypto Youtube influencer for the past 3 years, and what he always does is he's doing a TA on different market, and saying his analysis on both sides (up and down), so I can say that he really is an expert... or he is. :D Bottom line is that I'm following him, but I'm not relying on his analysis. As for newbies out there, it would be better if you will just invest into Bitcoin if you don't know that much about crypto. In that way, your capital will be way safer than investing in new projects which has a high chance of rug pull.

Absolutely. I also made a post on where I get my daily insight. Here; https://bitcointalk.org/index.php?topic=5477388.msg63304985#msg63304985
The worst part in this situation you just pointed out Op is when you go to Twitter. Damn!! If you don't know what you're doing, you will be very confused about how to get the right coins

I don't normally like anything group in social media. And that is why I am not in any group in any social media. Because those groups in social media are fraudsters full there. Mostly blogs and telegram are the two social media for scammers. And that is why I am not even conversant with those meme, and the shitcoins. I only see those coins here in the forum and not in any other platform.

Whenever I the market is booming people (scammers) are motivated to entice others to be scammed. Op I appreciate your effort of bringing this to our notice. Really in this period we have to be careful of those guys that roaming around.

The greedy and newbie are mostly the target of those scheme , they are being victims because either lack of understanding or complete greediness and so those scammers are becoming successful.

but if we will not look for so much High profit instead we will take a chance looking for scalping or short term holding?
I believe that many will be saved and those Shillers will never win.

You could say this is a trap so that people are influenced to invest in some of the Altcoins they have mentioned.  Owners of large capital can of course easily manipulate instantaneous market price movements, when the relevant coin reaches the desired trading volume target from the large amount of trading activity in it, then it is likely that large players will take action to reap the profits.

Well let those who are too dependent with these so called "signals" 'coz they are simply too lazy to study the market. They tend to just wait and hope for huge profit. They no longer consider the lack of assurance in this industry, and eventually regret if things do not happened as they assumed.
Possible as well. Project owners would simply invest money to achieve popularity in any way possible which often includes personalities to do the promotion of their project. Not everyone indeed is a market expert but not everyone as well would settle with spoon feeding.

It is time to be very careful about the crypto-currency market. it is this period of Bull Run that everyone will have to be very careful, especially the newcomers in the industry. Bcause there is anticipated bull run, many projects will flood the market and many acclaimed experts will begin to make prediction without proper investigation or research.

Some of these people are scammers, I am sorry to say they just want to rip off your investment. You know, how painful it will be if you have been holding since the bear market and when it is almost time for you to reap your reward you now empty everything you must have worked for into the wallet of a scammer in the name of Investments that will give you 100x.

If you are not sure of what you want to do with your fund, kindly remain in Bitcoin and wait patiently, one day you will have results even if it is not up to your expectations, but it is better than losing all in the name of investing in random shitcoins.

Good advice. That's what I also convey to several of my friends who are newbies and want to invest in crypto.
Investing in Altcoins is only for experts. Newbies start with Bitcoin.
But as the crypto industry matures and stabilizes, new projects become safer, and investors become wiser to potential fraud.

"When we only hear from people who win and never hear from people who lose, then we lose"

Taking bold steps to ensure one start making significant earnings in the system. Following up hyped projects simply because they're promoted by influencer doesn't meant they have good solid roadmaps, nothing seem to bothered these influencers these days as they're online  only to make more zeros to their portfolio and having absolutely nothing to pressure.nWhat I would say is that no project should be 100% trustable in the market, I've learnt my lessons in the hardway and I've promised myself never to return back to making such crucial mistakes in the system.

They are paid for sure. That's why they are so persistent in giving thoughts to the people because that's what they want for their audience to invest in. It's a direct shill and marketing on their end and they are not experts. And when the newbies hear them say, that's where the problem is going to start with and instead of thinking of other things to invest in, they will just go on it and directly buy them because what affecting their decisions is the influence that has been made on them.

Sometimes those people you see their commentary in twitter and other social social media what they are interested is to promote a particular coins and I believe that them are promoting a particular coin so their hype is what makes people to think that  altcoins will increase in market and people will began to have interest of investing in altcoins, so I may say that those people is a cryptocurrency influencers and when you follow their step you might end up investing in a wrong coin thinking that altcoins will increase according to their predictions.

A great deal of those that share coins in which to invest are either influencers, bots managed by the developers or people that invested in those coins already, so not a single one of those parties is neutral and has your back as every single one of them wants your money, and with this in mind you cannot really trust them, but who to trust? No one, especially if their claims have to do with all the money you can make by investing in a particular coin, as it is obvious they are simply trying to lure you into investing your fiat or your bitcoin into useless coins.

Many people who know nothing about the market are claiming to be expert of the market know nothing about the market they are just doing all this to gain followers which will make them to generate money from social media.  Investors needs to be very careful with the advice they get they see on social media most of this people giving advice as experts don't even know what they are doing . The social media is full of people who claim to be experts with a shallow knowledge about crypto and the market.

Developers are hiring these influencers and take advantage of it. But why many people are following them? And that is a question. Well, I say that those who are no-how investors can easily be fooled by these influencers and by these self-proclaimed expert. But for those who have market experience already, they will just ignore them and instead, they do it by themself.

Well, just to know that we just learn after having a bad experience. That is why we could say that experience is great teacher, therefore, falling into scam investments are natural.

The people that try to be experts on social media or in blogs are not actual experts and this can be easily identified if a person reading them focuses on the terms they use and how they explain things because when an expert does analysis or tries to explain something, they do it very efficiently and easily, while someone who knows nothing about the market and trading but trying to promote a shitcoin will barely be able to find a way to explain certain things.

So, you are right that there are people all around the internet promoting useless cryptocurrencies for personal gains but one with just a little bit of knowledge can easily understand that they are not genuine and they lack enough knowledge and experience about the cryptocurrency market itself.

  I think you are right in what you said; many new projects will just go along with the trend, but when the situation turns bearish, it is certain that those will disappear like a bubble.

  And from what I've seen in my research, that's what happens. Of course, when the matter is hot, even the senseless project campaigns will also be pulled up for a short time, but they will also disappear in the end. It's just really hyped, so being careful is really needed in such scenarios.

The thing is that we need to do our own verification first before believing any altcoin hype on social media, due diligence is very important before jumping to put money in any new projects. Some influencial people are paid by these fraudsters to promote their scam projects, and they greedily accept because they're well paid for the promotion, not knowing the true intentions of who hired them. This is why I'm never moved when I see celebrities advertising brands, because they're just business people that are paid to do a job, ignorant people will think that if this celebrity can advertise a product that means that it's genuine. When i see a new crypto coin being advertised, I take it on advisory level, because with my knowledge i know that most of them will end up shitcoins.

Crypto influencers mostly misguid crypto users and they often share wrong information with others just to earn money and also they wants to enhance the value of their channel. They don't have any accurate information but when they heard about Bull season beginning then they wants to take benefit from such situations so they attracts people toward their channels through spreading os faulty and useless information but as newbies does not know about it so they can easily trust them.

Sometimes when people find no other way of earning then they take step towards negative ways of earning in which acting like a crypto experts is included. Influencers are more active during preparation for Bull season because they misguide people to choose some altcoins that become useless when time passed. Experts can understand this thing better so newbies should know about the reality of crypto influencers.

Since everyone is not experts in the market, we need to be careful how to take decisions in the market. There are things we need to do to keep making profits from the market. It is important for us to measure and examine the market before we invest in any crypto projects.
The market is full with scam projects and if we make the mistake of investing in one of them, that might lead to rug pull which we will longer be able to take our money from the project. Even selling it will be hard for us to do.

Extreme caution needs to be exercised when trading the markets, not only the amount of scams in this market is alarming, the whales can also manipulate the price of the most popular coins on the market, so if you are a trader that uses leverage then you could easily get a margin call if the whales manipulate the price to take the opposite direction and you are not using a stop loss, so before making a single trade we need to think about all the things that could go wrong so we are not surprised when they happen and we can take the appropriate action.

The example of celebrities promoting brands was so on point, a lot of people get crazy about a certain brand or a product just because their favorite celebrity has promoted it and they think the celebrity uses it personally which isn't true. Most people, who are blind fans of some celebrities or influencers, don't know that the brands and products or anything that they promote isn't always what they use themselves but they are just paid to do that.

The same thing is for altcoins and cryptocurrencies, there are a lot of them created every week or every day, most of them don't even make it to the public, and some do make it through extensive advertisement, etc. However, as you said, they are not all good and one shouldn't believe in them just because they were mentioned or promoted by someone over the internet or TV.

Because of all these risks associated with trading, the easiest solution is not to trade frequently on the spot and to hold your coins on your personal wallet instead of on the exchange. No manipulation or scam will affect you and your coins. And of course it should be a good project and not meme coins.

Blogger and celebrities are been paid when they are used to promote a token/coin. That means they are doing their jobs. Have once fallen into a scam because it's being promoted by a celebrity, although it isn't a crypto scam. So since then I never believe any blogger nor celebrity to invest. I will rather make my own research to invest.

Those bloggers who are celebrities need to take responsibility if they are not mentioning that this is a sponsored video. In most cases these so called influencers promote the project in such a way that their followers think they are also investing in it. Those influencers also mentioned in their project that they are thinking about holding those projects for the long term when they haven't made any investment in them. Everybody doesn't have the knowledge to invest in crypto project so they follow some influencers they like so if those influencers giving financial suggestion to their community then they should have take the responsibility as well.

That is why one should me mindful of whoever he/she follows online. You can never see me following anyone online no matter how popular you are. Any mistake I made base on what they promote, never count on them. Why will I be losing while they are making money.

We also have to understand that people have different mindsets, and everybody is not willing to take on the responsibility of failure. So if the trade goes bad they simply accuse the influencers but if they make a profit from it they take credit for themselves by saying they made the right choice in time. This two-faced people are the ones who are most affected by these influencers. Influencers fasten our information-gathering ability but we should take our own decisions.

thats true, any sponsored video should also mention that they are sponsored so that people wouldn't get tricked after all its these kind of sponsored video disguising as some financial advice or some sort that truly make me wonder whether these influencers and celebrities are even know what they are talking about just going around recommending some obscure coin for the sake of personal benefit and when everyone losing their money these influencers and celebrities would suddenly vanish trying to get their hand clean from any upcoming problem.
there has been so many celebrities that are promoting some kind of scam and ponzi coin out there in the past and it seems there's no real punishment for them.
though I believe letting people understand to never get a financial advice from some stranger even if they are some celebs or influencer should take priority but sometime some people are just foolish.

Without a doubt this is the easiest way to protect yourself from all of those risks, but traders on their quest to obtain more profits are not willing to take those precautions as this also means they will be unable to keep multiplying the size of their holdings anymore, so due to their greed they will keep taking those risks, and while the ones that are the most knowledgeable about the markets have nothing to fear, there are many traders out there which believe themselves to be better than what they are, and they will suffer high losses due to that mistaken image they have about themselves.

It's very true that in cryptocurrency we should not copy everything we hear on social media, because we don't know from the background of where the information is coming from. There's almost no restrictions in social media, it's a free place where a carpenter can give advice on medicine and nothing happens to him for misleading others. So personally I take any news or information on social media, on advisory level, because among the garbage that can be said, I might still pick a point or two that'll be helpful to me. Besides it's not all the influencers on social media, that peddles fake news, some actually gives accurate predictions on good altcoins to look into, only that we all know that it should always come down to us to make the final decisions.

It is definitely time to be more coautious than ever before. Especially This festive season. Slot of scam and hacks  has been recorded lately. And the causes of most of this is as a result of scammers becoming expert in cryptographic analysis or becoming crypto influencers by making people to fall into victim of investing in a wrong project.

Everyday new coin is flooding the crypto space and many investors have becomes perpetualy become poor due to information gotten from this so-called scam infliencers and most of the reasons why people always fall for this people is because of greed of trying to become rich over night where as those advertising this project as not as rich as you think. So we should be careful in listening to them because they don't have good purpose. 

  The term to be cautious is quite necessary here in the field of crypto space. Especially if you like to invest in crypto holdings because of the upcoming bull or halving.

  There is nothing wrong if we are cautious because of course we value every cent that is our capital, and we want to grow our capital by buying a crypto that we think has the capability to produce us earnings in the future.

Those blogs or articles promoting a certain project for sure is getting paid.
Very rare that an article is not biased with their views as most even don't have the idea what they are saying.
Do remember, there are so many bounties for writing an article whenever a new project is launched.
So yeah, better be careful on these write-ups. They can easily have false claims in their articles.

There are some certain things we need to be cautious about especially when it comes to market decisions. We can make profits from the market if we make good decisions and it is not all about making good decisions, we also have to be time conscious because the market wait for no one. We can make profits from the market I'd we know how to take trade, understand the market and cast our trades. Those people that don't know how to trade and went to learn from people around who have knowledge about trading than those that never take any decisions.

But finding those that actually know what they are actually talking about is a very time consuming process, and if that was not enough in order to distinguish them you will need to know a lot about the markets already, and in many cases you would probably make do without their advice anyway, as whatever they say is something you could have thought on your own, making looking for good information on social media a waste of time for almost anyone that tries it.

The sad thing is that beginners will still fall for for the people who claim to be experts because all their interest is looking for a project that will generate money for them, beginner's are the target of this so called expert because they know what they want and already know what to tell them to capture them. But if people concentrate in making research by themselves to know what is best to accept I don't think people will easily fall into the hands of people claiming to be experts.

and the problem is that if you do your own research, beginners tend to be unsure about the results of their own research. being a beginner is very difficult, when doing research they are not sure and if they follow an expert they are worried that the expert is collaborating with the project incorrectly. Therefore, everywhere I say, to minimize risks for beginners don't invest in new projects.

This is the more reason why we shouldn't trust anything we hear or see from the media. The world entirely if full or good and evil and there are lots of wolves in sheep clothing, inside the altcoins we hear and see, there are lots of scam project inside. So no matter the reputation of the person doing the ads the project can sill be a scam project. Some weeks back I saw a post in this board talking about Ronaldo being charged that he will pay  a huge some of money just for doing ads on the wrong NFT. But when you do your own research, you stand a better chance of identifying a scam project.

Absolutely right there are so many projects that alter their worth according to the trend but if bear season arises they again attained the same position that is less valued coin. Now a days there is a big trend of altcoins and almost every altcoin is showing upward move due to trend or news about coming Bull season but nobody knows that they will be in similar pattern till Bull run or will disappear before that.

There was a trend of solana in previous days and because of this trend its price was higher enough that it touched 126$ of value but now you can easily see that price again fall down to 101$ therefore don't believe more in altcoins or new coins that just follow the trend and after a while they loss their overall value.

I to have witnessed a sudden increase in post on social media talking about random cryptocurrency. I have seen a lot of them are related to memecoins or AI coins. Some are shill post to promote coins that have failed previously. It is important that we need to be more careful than we were before after AIs have come into existence. Scammers are using them to scam innocent people.

Some project the strategy they use in getting people is they use people with good reputation to market their project and this makes people to so much believe in the project . People shouldn't think because of a reputable person is promoting a project that makes the project to be real. Sometimes influencers know nothing about what they promote, they just do the job they were pay for and asked to do.

We aren't saying that all influencer are bad or promote scam project. There are some that are mainly after the success of their followers. But the main thing here is not to rely only on information gotten from influencers. It rather better for one to DYOR on any project promoted by any influencer before investing in it.

Another important thing to note that influencers are not your friends. They just want to earn money on you, so be careful with thier advices

Well said, but it is not only beginners who are victims of these so-called experts, even those who are experienced but don't believe in themselves. They are such that will be style-drifting and will want more, so advertising the supposed package/plan to them makes them fall easily. This is not entirely wrong though as some people are benefiting from mentorship and all that, I even have some friends that are paying for it and will gain more knowledge and firsthand information and services about some valuable things. But for me, I don't fall for that even as I am not easily convinced about anything because I have a strong mind.

I am the kind of person who will hardly get convinced of anything by anyone but by myself and rather prefers to explore independently until I achieve the goal. The good news is that it is working for me. Had it been they had been failing, I would have been forced to do otherwise. And specifically about cryptocurrencies, we should be at alert, what we see might not be as it seems, so we have to do our own reseraches and not freely fall for whatever is presented to us.

op Thank you very much because you have presented the right information, newbies will benefit a lot from your information. They are spreading ideas about crypto market through telegram or blog. Especially those who don't know much about the crypto market will believe the words of telegram or blog. It is very harmful for them once they believe. So we all need to proceed with caution in the crypto market. Many newbies will benefit from this information of yours.

Predicting its movements feels like trying to catch smoke with your bare hands – unpredictable and often frustrating. My point about the current situation being a potential bull trap, a precursor to a halving-driven surge, or just a momentary blip is spot on. It's this very ambiguity that makes it both exhilarating and terrifying, a gambler's playground where fortunes are made and lost in the blink of an algorithm.

So, instead of getting swept away by the thrill of the chase or paralyzed by fear, what if we approached this with a dose of Zen-like calm and a healthy dose of pragmatism? Let's to play it safe with a balanced portfolio, straddling the worlds of stablecoins and volatile cryptos, is like finding the middle path in this digital jungle.

I completely agree with your perspective that social media influencers main goal is to make earning by gaining large followings and promoting projects. In contrast, there are numerous professional Financial and Technical analysts who have built their credibility with their extensive expertise and lengthy experience. Following them is worthwhile and their advice should be taken seriously.

I agree that there may be many scam projects but again that does not mean that all of them are bad ones. There are some good projects too and if anyone does not believe in the new startups, better wait for them to mature or invest only in the projects that have already established a name.

To further secure your investment, it is better to invest in projects that have already a high market cap and investing in the top 20 or even top 50 coins at coinmarketcap can minimize your risks to a great extent.

Indeed there are some legit coins out there that are worth investing in aside from Bitcoin. But the simple truth is, I don't do altcoins because it seems I bit too risky. Just like the trending altcoin now which is meme coin, you just have to become a trader for you to have profit from it. Though there are several altcoins out there that that can be used for long term investment, but base on trend, we just have to become short term investors to profit from them. I know we are not being forced to adopt any coin so fuck altcoins.

It is completely understandable that some investors/traders favor Bitcoin over all kind of altscoins even those with legit projects like Ethereum, Solana, Polkadot and Cardano (ADA). Personally, I also allocate 50% of my funds for Bitcoin and reaming 50% to reputable altcoins. This approach allows me to capitalize innovation within the altscoin sector, as well as benefit from volatility, which is often viewed as opportunity for those who have experience in risk management.

With the comments you made, it explains that you are right on track. Having 50% of your investment fund for Bitcoin while the other 50% for reputable altcoin isn't a bad idea. Altcoins that have reputation in the market are also know to be good for long term holding, and these kind of altcoins might in the future give it's holding some worthy profit. Even if I don't hold altcoins I still know what's happening in the market. But beside investing in Bitcoin and altcoins you should also make provision for emergency fund, so you'll not be trading your coins when little emergency arises.

An emergency fund is a must, as emergencies often happen precisely at the worst time possible, and someone that does not have any money in hand will need to try to get it some other way, and while the money that we have invested in this market can be used to resolve the crisis, at the same time it is likely you will have to sell your coins for a bad price, so an emergency fund can help you to avoid that scenario and will give you the security that you can deal with a great deal of negative events that may unfold.

 the truth is that influencers they will always operate in social media and they will always have what to say to promote a project , the problem is that most of them are doing the work they have been paid for, they do not care if it's will be a problem to people. They do the job just because of their selfish interest.  there are so many influencers but it is important to always check if what influencers are promoting is a good one or not if everything should be accepted from influencer we may end up with scam projects.

There are people that do claimed that they are market experts given different signals to people that are interested and they are not the ones that do come up with the signals. Some persons have already subscribers to multiple crypto trading VIP groups where they do get trading signals from and later create there own groups to give the same signals they got requesting for funds from the members of the groups. We should not be ignorant of these and always keep our eyes down watching and observing.

Currently we think the cryptocurrency market is booming through social media. In fact, this is our complete misconception. Many of us get distracted by the fascinating, enticing news of various social media. Various social media groups try to hype a coin by spreading the news. But before investing, an investor must research the market properly and get enough knowledge about the token and then invest.

I agree with you, most people forget we have paid marketers which this people are paid to manage through their platform, it can be that this set of persons are not even associated with the project just there to create more hype so investors can come in and invest we need to be careful when investing not just depending on the hype alone.

The phrase 'Everyone is not an expert' holds true, especially in the crypto space, where predicting movements is at another level of complexity. Our best approach is to conduct thorough research, empowering us to take responsibility for our decisions. This way, we avoid blaming others for failures and save time, money, and effort. Entering the crypto space requires preparation for encounters with scammers, manipulators, and other malicious individuals seeking to exploit or drain your funds. Stay vigilant, as the crypto space demands a keen eye for potential threats and a commitment to protecting yourself from the ever-present risks.

That's truth about the alt-coins hype and expecting price pump increases which may happen or not during the upcoming Bull Run market about to take place. But I was a victim during last Bull Run that makes the coins turn to zero assets and is very good to make a research about the alt-coins before investing your money.

Sure, no one is an expert or an island of knowledge, beside the market is all about predictions, even experienced crypto holders/trading tends to get the timing wrong and personally, I believe no news hype is better than your own research about a project. Because, after your research that is when the news hype becomes clear to you. Mark these words, there is no  crypto expert who makes prediction that haven't made wrong predictions before. Sometimes we just put in too much trust on things that are not reliable, even close to 50% accuracy just because of the enticing words used by the predictor.

This is why we should be very careful with the hype of any token from the social media. This has made me fall victim of a token when I just started the crypto journey. This days most of this influencer doesn't care about their reputation, what matter most to them is the money they will receive from this scammed project. Although some may not see the project as a scam one when they promote them. It's always better to do adequate research on your own before investing so you want get anybody to blame if the project turn out to be scam.

The crypto market is very uncertain, therefore we must always be careful and alert to its movements, and most importantly, don't easily trust people who claim to be market experts, it's best to monitor and learn with your own confidence, if we always follow and read market movements.  then we can easily determine what we want to do.  Even though the results are disappointing, at least we are confident and believe in what we have learned.

Unfortunately what you say is true, when the market rises again, many influencers in my country say that.
even on social media people use the power of their words, they are like god knows which coins will give airdrops for free and for sure, such talk must be researched further because otherwise we will just be their followers.

In fact, the news that is written and distributed on the internet is repeated news or news that is not necessarily true. Yes, we know, they also need news like that to increase the number of visitors to their website who ultimately come back and get paid by advertisers.
Stick to your own beliefs about what altcoin is the best in your opinion. and of course with a deeper study of the altcoin. or if you can't do that, just follow someone who is credible in their field.

in my opinion, I believe 80% of the decision you make in buying cryptocurrency should come from your knowledge and research while the remaining 20% can come from predictions and hype. I don't believe any news hype or prediction from crypto influencers is better than my research, predictions are just guesses, so why should I make my crypto decision of another man's prediction? I remember vividly that some persons had this conception that Bitcoin price would rise above $60k after the Bitcoin ETF approval, but due to the manipulation by Grayscale, the price fell to $39k. and at that price, some investors were still confident and shared a prediction that the price would keep falling to less than $29k, but unfortunately, the price pumped back to $42k which we are now.

Most at times, predictions can ruin a lot, some actions that are basically not worth taking has been made by most people not considering it might go the other way round. Since no man is extremely full of knowledge, getting to know about a project from any influencer, instead of jumping into investing in the project, one should try as much to analyze personally if it is at all worth the hype to invest into.

I think you are mixing these points here, my friend, and I must tell you that I share in most of your views but for some. Let me take it one after the other and be so summarily as possible.

It is true that no one knows it all, but when it comes to predictions, there are still better predictors, and you might be surprised that some would have as much as 95% prediction accuracy. That is too high, right? But that is the truth, you hardly see some market forecasters wrong and even if they are wrong at times, they have the managerial plans ready to cover up for the shortcomings. Now tell me, if you are opportune to be a friend of such a person or he is your tutor/mentor, won't you be happy and learn from him?

The only set of people I can't deal with are those who are just making noise despite being empty in knowledge. Such are many on the internet, and such are the ones I will always advise people to be wary of. But this shouldn't stop us from being open if we are lucky to meet some random individual gurus. They are such that will not even be making mouths with what they know, but indeed, they are so good in trading and investments, but without giving them the opportunity to prove themselves, you will never know. That is why I do not always totally buy the idea that we should be on our own when it comes to trading and investment, we may never know the best ways, and that's the truth. But when we are open but have the mind to refine what we hear and see, it might go a long way to help us. For this, you are so insincere to limit predictive accuracy to 50%, you might be a frustrated predictor but some know it better and will be surprised about your position here, just as I am.

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.

maybe we can trust experts but only to increase our knowledge, but to make decisions we must still use our own research. Crypto market conditions are difficult to predict (even for experts) because crypto markets involve many things and are very sensitive to issues or news. Therefore, the solution to this problem is to choose long-term investments.

when entering the bull season suddenly many people are altcoin chart experts yes even though it is just an attraction to follow the group they have prepaid. attracts beginners who are curious about the words profit. If enter the bull run, everything will go up in altcoins, don't trust people easily. only ourselves need to research

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...

Most likely they are influencers who are investors as well and they have been paid to promote certain projects they have collaborated with the owners because when they say that the price is gonna increase that day, it will increase without a doubt but this is just a trap because next time there will be more lots of people who will follow their advise because they already witness him before, but this time, there will be no more price increase but instead the owner will dump their coins and the new investors will be left with that huge amount of coins without any progress or updates from their owners anymore because it is officially abandoned by this time. So we need to be vigilant and not rush our investment just because of the influencers we watch on YouTube and other social media.

You are right, because most of these influencers sometimes direct you to invest in certain projects. what actually happens is that the influencer has collaborated with the team of the project with an agreement that has been made. The crypto market is unpredictable and you should not trust anyone because you bear the risk of your own investment.

Several websites and social media accounts that I read added disclaimers saying that this was not investment advice and suggested investing at your own risk. So that they can escape legal entanglement if someone sues them in the future.

I think it would be better if we do not follow investment advice from any site because they also only speculate and I see that in the end this is an investment that we bear at our own risk as stated in their disclaimer.

Actually people's major faults is that they consider every influencer as a market expert but not all of them are expert therefore when they follow the advise of unknown influences so they buy unknown coins as a consequence of which they put their money in risk.

Listen to everyone carefully but don't follow everyone blindly as sometimes due to our faults we miss good coins for investment and choose unnecessary coins but it is necessary to buy strong coins for coming Bull season. There are also some influencers that predict very well and most of the assumptions are true but it is hard to find that which influencers is right and which is not.

If you go to twitter account you will find a lot of posts that are making catchy headlines to buy bad tokens but all these are scammed by new investors. Many twitter accounts have created bots followers and many have bought followers. There are many investors who see the followers of their account and buy a token on their word which results in loss. In fact they promote many bad tokens in exchange for money so it is very important for us to be careful.

Of course, everyone can use all kinds of methods just to get money or payment, no matter if the project they are going to launch does not have a definite goal for the future.  Lately, there have been many fake projects that take advantage of someone's famous to attract the attention of many people. This is of course only aimed at benefiting both parties, between the project manager and influential people who spread lies just for the agreed payment.

Everyone is free to make the speculation about anything but if you are aware with those then you are probably recognize that the analysis is really thrown off and doesn't seem believable on those articles. Sure they can make a big title about certain coins but in the end the only thing that is really important is about if the speculations are actually worth reading or not. Sometimes it feels funny to read some of those.

Talking yet about Influencers, many of them are not even part or wanting to invest their personal money into such projects but where just paid to carry out promotions making it look worth purchasing to many investors.
I bet many has something to say, those who fell victim of these market Influencers or market experts, we are all humans and can never be perfect when it comes to predictions and assumptions.

Provably they are not experts on crypto and they just exist because they see an opportunity to earn money by hyping up some tokens or other shady things they promote. That's why we cannot look more forward  to what they are saying since its hard to believe on their insights given and we don't know if they are sure with these since sometimes they always put some disclaimers that do your own research so that they can be save if something bad happen to us.

To many fell victim of those influencers since unfortunately majority of newbies try to research new information on social media or youtube then they locate those influencers which they think good guys that's why they got manipulated and scammed by this people.

Sometimes those articles are there just to get readers, the speculation are done so they can get readers too. We don't have to believe everything we're reading as they're just opinion and not facts. The experts aren't always accurate too therefore we shouldn't make our choices based on what they say. Everyone isn't an expert but they'll claim to be experts and giving experts opinion about the cryptocurrency market, we just have to do our own research before investing.

Some project will pay some experts to write false speculation about their competition so they can chase away investors and then the investors will come and invest into their own projects that are working on similar products. There are alot of false articles during the bull market, some of them are just for hyping or to create fear, uncertainty and doubts for the projects that the articles are about.

That's true, and the job of influencers is to promote or introduce projects to the public. As long as they promote a project honestly it doesn't matter to me, what is a problem is when they deliberately provide fake news to attract the attention of investors. You can't trust them 100% because what deserves to be trusted is your own research.

Such disclaimers are just there to wave the blame when the project's fails or get scammed. That is enou7gh reason why newbies and beginners are meant to get a few basic knowledge about cryptocurrencies, the do and don't before taking on any investment plan.

Well, I agree with that, but sometimes whales use the news to do what they want so that the prediction seems correct, even though it's actually due to coincidence.

Yes, that's how they trick their prey, I see it as a common thing because most cases are similar which causes me to realize what I'm experiencing.

We need to conscious how we put money on different investment because the market is very volatile except we are in the to hold for a king time and that will depend on the project we are holding. The crypto market can be studied so we can know when to invest and when to take our funds waiting for when next to start investing.

Sometimes I just wonder why many investors and traders are always after looking for signals and how to invest in the cryptocurrency market. There are even influencers that like promoting nee projects whether it's scam or not, they don't care and always want their followers to get the coin or tokens even when they don't have any holdings in such a project.

You are absolutely right, artificial intelligence is a very useful tool for fraudsters, there is an excess of advertising by spreading fake information. While researching new projects, you should do your own detailed research before going directly to those who say "come here, there is a gem".

When you do what you are told quickly in such directions, it will most likely result in your money disappearing. Even if the person is experienced, there must be necessary awareness in such research.

Most often, they pursue a hidden, but very banal motive - receiving money from the project for advertising. If they are involved in the project, then such promotion takes place using their referral link. Their messages should be taken only as a source of some information and be sure to double-check it.

The best expert will always be you yourself, your own experience in trading cryptocurrencies will open up all the opportunities for you to earn money. In the cryptocurrency market with a complex and unstable system, there will always be pseudo-experts who can only ruin your impression, it is their job to impose their opinion, you should not encourage their activities, real market experts do not behave like that and do not waste time on this.

Projects influencer has taken over the market and those that are not much  calculative about this become victimized, and this are people who are most time lazy about making their own research and analysis but rather depend seeking investment advice from different sources which can be very disastrous if not being careful and better comparisons. Ethereum is good but Bitcoin is the still the best.

Very true. You are your own expert,  nobody is expert in cryptocurrency because it is unpredicted.  We are all trying to understand cryptocurrency,  from the experience we gain from cryptocurrency can make us to be our own expert.  Nobody is an expert to your investment or trading. That's why when people predict market we shouldn't always feel the predictions will always come to past because bitcoin is unpredictable and no one can exactly predict what will happen in the market.

I do believe some of them do invest on those Altcoin, but they buy as early as and make sure they partner with the project team which they will also offer them some promotional bonus they will then take the hype and promotion upon them self knowing they have two things to gain if the project hit their target, as soon as they hype the project enough they become the first set to sell and dump the token why also waiting for their loyalty reward from the project team for a work well done.

It literally becomes a win situation from both sides, but I believe at most they do not at all invest in those project. They actually are aware of the risk and would dare not to invest their money even if they do it will just be little alone to prove their loyalty to the project so they can be hired for the promotion.

Never that I listened to all predictionist/ pretending to be expert instead there are several
account here that I have been following over the years and yes they have been bringing good
prediction for years  and indeed I have made some earnings from them so I followed them from
time to time.

In cryptocurrency no one can identify about market because their is a possibility that market can change in matter of seconds so if someone predicts then it will not 100% accurate as accuracy of prediction does not exists in crypto market.

Everyone is not a master and everyone is not sharing their own thoughts even there are some influencers who copy the details of other influencers and show that they know each and everything but it is a fact that nothing can be known by anyone about crypto.

If someone make prediction according to the past history then most of the time it become true because bitcoin is repeating its cycle of four years but we cannot say that all the time the prediction become true and we should not blame influencers if we are unaware of the fact.

As much as I'm ignorant to be influenced by rumours, I hereby say this thread is highily recommended. I personally don't abide by speculations because those who speculates the rumours are the same person's who where of nowhere to be found to guide Investors not to invest in so and so AltCoins with the fact that it would go beneath the moon and not above. They only pooses to be experts at when they've got the obvious view with a certain analytical knowledges about cryptocurrencies and began to publish what're not possible to be a reality.
Most of them could be influencers just to pump up one of th shity coins to be on  massive adoption in a given period of time. That is a mere strategy to scamper away with investors funds at a system crash of dump coins.
Stay Concious because it coutbe a trap dear fellows.

Thank you very much for alerting us with your valuable feedback. Especially I never believe in the predictions of various whales and influencers. I am in many telegram groups, twitter social media news where there are many currency high predictions but I never accept those predictions because I don't trust any predictions given by others. There are many people who believe in whale predictions and sometimes lose a lot of their investment when the investment crashes.  So every person should proceed with caution and not invest by trusting the predictions of influential whales. It should proceed according to what can be predicted.

Most people making speculations about certain cryptocurrencies do it just because they have heard about it from somewhere else and they don't have any personal experience or expert opinion about them, they don't even know how technical or fundamental analyses are done, and such people are the reasons why rumors spread in the market and a lot of newbie investors make their decisions based on those rumors.

No one can perfectly predict the market, even experts are only making speculations and predictions based on what they read and see in the charts but they can't say that any of what they say is guaranteed because even they know that the market is highly unpredictable.

In cryptocurrency, if you are really into it, the more years you spend as core practicing crypto enthusiast you will gain more knowledge on how things are been done in respect to crypto, some claim to be market expert which is not true, though there are things that you must learn from people which is normal and those things would have made easy for you if you really put much interest in learning them yourself, you made a point and I find that point to be very helpful to any individual who wants to succeed as far as cryptocurrency is concerned and the point is that every one can be their personal expert this is welcomed fact about life not only in crypto.

You are absolutely right. Most of the KOL on various SNS telling people to invest in a particular coin already invested in it a long time ago and want people to invest so they use them as exit liquidity. It's important one do his own research properly and also seek for guidance if there is no experience but not from social media. For now i do my analysis myself and also take a clue from some top exchange like Bitget and Binance when it comes to new projects because they top researches that looks into a project before it's listed on their platforms

This is where we as individuals must have firmness in making decisions, we can receive references from wherever we are but do not have to be applied in the final decision I think, so in my opinion I agree with your statement. The best expert will always be yourself. So why waste time hearing the words of experts suddenly when the market is up, and disappear when the market is down

It is good we don't always depend on social media and influencers for all information we need about the market.
We need to be an expect in anything we are doing so that people will be proud of us seeking information from us..
We need to be ourselves own experts so we can make decisions because in what we have seen and studied.
It is good for us to keep learning so that we are not going to lose our ways at the time when we are supposed to be shining.

Actually this is quite common when the market is in bull season. Many coins are being hype to attract potential investors. This is not new, because even before, this kind of strategy is already existing. The reason why it is important to become careful not to easily believe these people spreading such on social media.

Thus always take time to have your own research about the coins that you want to invest in. Remember that there's no easy money so always verify if the information is true.

When it comes to cryptocurrency people just need to be conscious all the time not just for a particular season because people  who are claiming to be experts, it is important one needs to understand that know one is an expert I cryptocurrency. Even some people who claims to be expert in cryptocurrency don't even understand how the market works they just want to bear the name of being an expert.

It is not true that there isn't any experts in the market. People who have been in the industry since its beginning have vast experience about the market and its behaviour. They can identify any market changes quickly and their experience helps them make a profit even when the whole market is not doing well. I am following some of the influencers who have similar abilities, and i have seen that when the rest of the market is bleeding they are making profit their as well. Their experience play out in this situation.

In current market conditions, there are many people who claim to be experts even though they don't have any expertise in that field. Such news should not be used as the main basis for making investment decisions, but we must also do our own research and continue to collect several prediction sources to collaborate with before making a decision. Moreover, currently the price of bitcoin is experiencing a big spike but altcoins are not experiencing an increase like Bitcoin. Therefore, be careful when investing in altcoins in situations like this so as not to get caught in big losses that are difficult for us to avoid.

Yeah you have rightly said, it is only those that are bent on following crowd that allow themselves to used, so many features and promises are too real to be truth hence it is best to make an informed decisions on making personal analysis and thorough research in your choice of altcoins rather than solely depending on tips from expertise on media where most of them are being paid to do that which  they do.

Everyone has the right to make an analysis and share the results of the analysis made, and your right not to believe or believe that analysis. I often read about analyzing crypto market conditions and which altcoins will increase in price in the future. Yes, I only read to gain insight and reference, but regarding investment decisions I of course do my own research.

I agree with you that many people are trapped by following the wrong news or influencers, especially those who are new to investing without being equipped with sufficient knowledge so that they experience big losses which in the end can make them come to the conclusion that crypto investment is wrong. Therefore, it is very important to have knowledge about crypto and analyze the market as much as possible before making a decision in order to minimize the potential risks they face.

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.

And don't be affected by them a lot because you're on your own on this market and you shouldn't be dictated by those predictions that you're readying.
Many of them becoming experts during the bull run and then they're likely fly-by experts after the bull run, so don't be too hyped with those influencers or experts that comes out telling you what to do.

Agree. There should be experts in crypto market. People who have good knowledge and have a lot of experience for many years, they deserve to call as experts. However, experts aren't the people who know everything in crypto market. They mostly can predict the change of crypto trend but they probably may not predict it sometimes.

Correct. It is no problem to share our own analysis with others. However, we don't force people to follow it. For the decision to be made, it must depend on own analysis. Never consider to invest in certain coins just because of other people analysis.