Careful with Social Media Tips

[naily]

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

[eekkaa]

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

[OrangeII]

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

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

[Kira_lapa]

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

[crossabdd]

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

[bchain22]

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

[InvestICO2L]

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

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

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

[stepwilli]

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

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

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

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

[farwellbit]

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

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

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

[Wexnident]

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

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

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

[Malamok101]

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

[drachman]

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

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

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

[jonatuzc]

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

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

[CryptoIyke]

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

[natsu01]

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

[gurang]

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

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

[armarsterling7]

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

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

[apalenkoff]

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

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

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

[nelson4lov]

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

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

[btcdevil]

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

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

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