Careful with Social Media Tips

[nydiacaskey01]

There are traders out there who gives out good advise on what to Buy and when to Sell but whatever they give out needs to be taken with a grain of salt. You have to do your own research and not fully rely on what they claim. Some of them are paid to hype up a project, to provide a positive review and before you know it, the project is not really a good one an d just waiting for the right time to run away with your money.

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[Finestream]

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.

Exactly.The market is so unpredictable as there is no one can really make a correct prediction.So trust on your own instinct and make a thorough research.Do not just depend on the social media tips because not all of them are worth doing i think.What has work out for others may not work out for you.

[GregH37]

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.

I personally do not believe in the tips you get from the social which is completely influenced by the influential people and can easily give you a wrong news that is enough to lead you in the wrong direction. Yellow journalism is so common these days.

Moreover, one should only believe in the official news and the information that could be gained from channels like Bloomberg that could be relied on. The rest is your own market research.

[Dominic_Johnson]

You are so very right - people think that it will be a 'magic fix' reading something on social media or someone's blog and the result will be exactly the same. In trading, no 2 days are identical and no 2 situations are the same - you wouldn't use instructions to build a highchair to build a kitchen chair, would you? Although they may have some of the same components, and ultimately they are being used for the same thing (to sit), they have different requirements, pieces and steps to ensure they are build correctly and being used by 2 different humans. Does that make sense?

[awik p]

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.

Exactly.The market is so unpredictable as there is no one can really make a correct prediction.So trust on your own instinct and make a thorough research.Do not just depend on the social media tips because not all of them are worth doing i think.What has work out for others may not work out for you.

Social media also needs to see news that appears every day. but we must be able to sort between real news and hoax news. so it will be more appropriate to predict the market

[harleymasters]

I agree with your stance. Social networking is where we can learn and find information the fastest but the information we receive is always a two-blade knife. It is really useful when information is given by a person wearing a white hat. And it's damaging if the information is brought by fraudsters and enticing new entrants into the market. I have also been a victim of trade groups formed on telegrams. The false news is always confused and the psychology of investors are strongly influenced.

In my opinion, when investing, we should create a detailed and specific plan for our investment. First and I think the most important may be the market trend at the time of planning. Second is the price range can buy and sell. Third is the time we spend on that investment (short or long term). Finally, I think Emotion is the greatest enemy of success. All your emotions will probably kill your investment. Be calm before every decision. Good luck!

[Malamok101]

Some social media tips is fake and not trusted also so they get saying Be careful for social tips and to avoid scam projects/ico promoting fake news spreading.

[Beparanf]

There are traders out there who gives out good advise on what to Buy and when to Sell but whatever they give out needs to be taken with a grain of salt. You have to do your own research and not fully rely on what they claim. Some of them are paid to hype up a project, to provide a positive review and before you know it, the project is not really a good one an d just waiting for the right time to run away with your money.

Some doing those things do not pity themselves when they fail, or to boost the market so they can earn from the pump, which only possible if huge investor. We can not rely on some tips and reviews since we all ko they can be paid on doing it like what bounties and promotion do.

[sirminesalot]

Some social media tips is fake and not trusted also so they get saying Be careful for social tips and to avoid scam projects/ico promoting fake news spreading.

Of course not all tips on social media tips are fake and there is definitely something right to learn. this is just a tip, so in my opinion it doesn't matter if it's false or false, because we only think if it's true, yes, thankfully and if it's fake, you don't get the benefit.

[Macinto$h]

No need to mindlessly repeat everything you saw on the Internet. Each trader has his own philisophy and his own tactics. If you copy someone's methodology, then the moment will surely come when something goes wrong. Do not need to copy someone's actions. Learn to understand what lies at the heart of different trading strategies.

[Reid]

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

Correct there is no such thing as an accurate one when it comes to crypto currency trading.
It will always be just a prediction.
Just take those basic techniques and apply it on your own. Make a prediction that will best suit you and make choices of your own.
This way you will also avoid blaming others and just regret it on your own if mistakes are done.

[Finestream]

No need to mindlessly repeat everything you saw on the Internet. Each trader has his own philisophy and his own tactics. If you copy someone's methodology, then the moment will surely come when something goes wrong. Do not need to copy someone's actions. Learn to understand what lies at the heart of different trading strategies.

Yes.Every trader has its own skills and expertise to develop so we should not just rely from others.We have to develop our own strategies so that if that one fails,we don't have to blame other people too.Social media tips are not guarantess that it will lead to one's successful trading.Sometimes we have to rely on our own because in the end,it's our own decision that will prevail.

[iamzill]

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

seeing or reading someone's tactics is needed to be motivated. but maybe the best step is to set our own strategies or tactics so that they can run optimally and that can be used as a separate way to become one of the things that boast for ourselves.

[iMark]

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 right, not all news on social media is just stupid speculation made by some users, first look at the news source,
if they are influencers or even credible media, maybe their news can be a reference for analysis and research that you can do

[drachman]

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.

This is the only correct way to use that advice, I see many people that are using the signals that they are getting in social media to trade immediately and that is a huge mistake, in the best case scenario you should use that information to supplement your own analysis and nothing more and if you are incapable of creating your own analysis about what the market is doing then you should not trade.

[Coin_trader]

Study first and acquire enough knowledge, tips from the professionals and experienced traders are good but every tip has a hidden agenda of those giving tips, they are for the benefits of what they are holding or trading coins or tokens. Much better for you to acquire knowledge first for you to make an assessment on every tip you read from the social media.

[Btc_1856]

Study first and acquire enough knowledge, tips from the professionals and experienced traders are good but every tip has a hidden agenda of those giving tips, they are for the benefits of what they are holding or trading coins or tokens. Much better for you to acquire knowledge first for you to make an assessment on every tip you read from the social media.

People who don't have knowledge will follow the tips mentioned through social media and telegram channels. Instead of following their signals it is better to lead yourself because they won't give free signals without getting the benefit for the signals providers.

[coffigayo]

Yes, of course you always have time to read first and learn it. Tested on any information you see about trading or about cryptocurrancy. It is better to avoid and not panic easily for you.

[newbie-hero]

Study first and acquire enough knowledge, tips from the professionals and experienced traders are good but every tip has a hidden agenda of those giving tips, they are for the benefits of what they are holding or trading coins or tokens. Much better for you to acquire knowledge first for you to make an assessment on every tip you read from the social media.

People who don't have knowledge will follow the tips mentioned through social media and telegram channels. Instead of following their signals it is better to lead yourself because they won't give free signals without getting the benefit for the signals providers.

To follow many of these social media tips is to be absolutely blind. Be enough smart to come to your own conclusions, study the market, learn more about the crypto.

[coinbirds]

It is very useful to learn about different strategies and study different market situations but only for learning and practicing  purposes.
We cannot blindly copy/paste these suggestions in real trading actions but they can valuable pieces in our "knowledge base".