Careful with Social Media Tips

[cunguks]

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

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

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[Johnzky]

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

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

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

[maxreish]

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

[newbie-hero]

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

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

[raghovsing34]

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

[Vinz1978]

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

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

[blackhawkeye1912]

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

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

[petrox.mmm]

Off Topic

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[b3llsf1l3s]

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

[KGBx]

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

[clickerz]

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

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

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

[Bobby park]

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

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

[Question123]

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

[Premooooo]

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

[keykey1]

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

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

[conected]

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

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

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

[nadyn]

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

[akiho yoshizawa]

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

[Febriana98]

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

[drachman]

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

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