Time to be cautious: Everyone is not market expert

[GideonGono]

This is why I don't trust any of those self proclaimed TA's, those who would just randomly drop a project, and would promise or tell that it would bloom or rise up in the future.
Those who have been in crypto for a long time had seen so many post like that in social media, there are so many coins before that has been promoted widely in social media but still doesn't have a value.

[asrinur]

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.

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.