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Author Topic: Careful with Social Media Tips  (Read 2512 times)
MinerHQ
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September 04, 2018, 07:26:33 AM
 #21

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

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

Every one giving tips based on some knowledge and past experiences but there is no guaranty that every time it works. So you should know how much you can take a risk to follow these third person investment tips.
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September 04, 2018, 08:54:20 AM
 #22

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

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

so it doesn't always have a negative impact

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September 04, 2018, 09:10:54 AM
 #23

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

The best advice is just don't even listen to any news (incl "expert" recommendations in any social channels) when trading. Use only your own strategy and tactics.
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September 04, 2018, 09:16:54 AM
 #24

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

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

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September 04, 2018, 09:29:29 AM
 #25

the tips from the social media that we have just known certainly have a hidden purpose and certainly will benefit them, which is truly pure sharing is very little at this time. make a lot of information from comparative social media to what we believe
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September 04, 2018, 11:47:30 AM
 #26

Do not believe in what people says. Sometimes they are fool. Try to predict the future. Learn more and more. Analyse everything. When you do all of that, you'll have a vision. Good luck!
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September 04, 2018, 01:16:12 PM
 #27

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

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September 04, 2018, 03:01:43 PM
 #28

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
fraud can occur anywhere about crypto, including social media, but there are some media that do not allow Crypto, but everything can happen starting from some information that is not relevant to actual events only to deceive information seekers.
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September 04, 2018, 03:27:53 PM
 #29

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

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

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September 04, 2018, 03:49:22 PM
 #30

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
right, because everything that comes from yourself will make us learn to be better, if we only rely on other people, such as from social media or other things, as you said earlier, it is not necessarily all right, because they could fool us to their own interests.
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September 04, 2018, 03:51:18 PM
 #31

It's alright to get knowledge from some social media but don't fall for everything it's said there. It's important to look for information from really reliable sources and not someone's opinions.
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September 04, 2018, 04:25:49 PM
 #32

Why would I do that anyway in the first place? There has been quite some time that I heard some misleading introduction to cryptocurrency. It is funny that it all led up into something like advertising their own company while not removing the relevance of the cryptocurrency into it. There are also some that just simply misleads you to start fear though.

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September 04, 2018, 04:39:18 PM
 #33

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

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September 04, 2018, 04:44:50 PM
 #34

No matter who is sharing trading tips in social media even if he is a professional trader, you should never rely on other's tips. You can use those tips as comparison to what you have. You are risking your own money in this crypto world, so you should rely on yourself. Use your own strategies, tactic, or researches to decide what you should do.
You are the one who responsible for everything you are going to do. Following other is OK, but dont follow it 100%.
I agree, never fully copy or use some tips as guide when it comes to Bitcoin, because you may regret it later. It's probably safe to make your own strategy and decision so you won't have regret later on. I agree with that strategy, if you're newbie, you can just compare your strategy on others tip, even if they're professional, they can still commit a mistake.

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September 04, 2018, 05:07:43 PM
 #35

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

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

   

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galambo
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September 04, 2018, 05:18:01 PM
 #36

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

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

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

We should always be aware about such tactics and try to avoid them because these can lead for major loss. Always pretend to use your own brain instead if trusting someone else and you would definitely have good profits if you have made enough research and study about the coin you are Investing into.
drachman
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September 04, 2018, 09:26:36 PM
 #37

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

EXtremeAEX
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September 04, 2018, 09:53:07 PM
 #38

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

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2weent6
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September 04, 2018, 10:24:42 PM
 #39

I’m quiet new in this market, I read news about cryptocurrency online but I can say that we should not rely on that alone because even in news there’s a manipulation. I jut read news but technically I don’t believe on it and its for my own safety.
sheenshane
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September 04, 2018, 11:03:28 PM
 #40

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

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