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Author Topic: Crypto Twitter  (Read 483 times)
Wexnident
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August 19, 2020, 02:12:50 AM
 #21

This is why twitter isn't really the best place to look for good info. Heck, twitter is mostly just people posting random stuff that came out of nowhere, I only really follow some twitter accounts of crypto for statistics and daily news/updates. Following "influencers" is just a waste of time and space for me imo. It's basically almost like how I treat Telegram, I only join a select few that I personally think that are helpful to what I need to know, though I already left Telegram some time ago.

I wonder what made people so gullible today. I mean, not that I'm perfect or anything, but I've learned from the start to look up every info I can regarding something since it just irks me if something doesn't go the way I want to, whether it comes to crypto when I came in or whether other stuff (mainly coding).

 
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AakZaki
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August 19, 2020, 11:33:45 AM
 #22

Not only on twitter, but almost on all social media about crypto predictions and various kinds of bitcoin price speculation. Especially many paid groups are starting to get active to provide some BTC signals and other coin prediction signals. This is an opportunity to earn even more money by using other people to move the price of the coin they want.
There are several paid crypto signal groups that are good and competent to provide the latest signals, but there are also many fake groups that are only made for the benefit of the group owner.
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August 19, 2020, 12:00:58 PM
 #23

The so called "crypto trader and experts" are back. While I'm not surprised,  the only thing wrong about it is that newbies will be at their handle waiting on pump and dump calls to dive in and they do so without making their own research. A couple of days ago, someone posted his portfolio and immediately, his followers replicated majority of it. It's funny how people will easily jump on a call by someone who they know is not a financial adviser and go all in. Doesn't make sense.

If everyone on crypto twitter is winning their trades, who is at the losing end? Lol.

Sadly not all newbies learn from their mistake and it is now their fault that they are still losing money because of it, and these people are also the ones who blame the crypto itself on them losing the money and they don't blame the ones who they are listening the advice too. For these guys we can't really do anything to them as they don't want to learn in the first place all they think off that there is an easy money in the crypto industry so it's really better to just leave them alone as they need to help themselves to change.
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August 19, 2020, 01:42:42 PM
Merited by Upgrade00 (2)
 #24

One thing I noticed is the 'crypto twitter expert' are never at loss. They always buy at the bottom and sell at the peak which is quite funny because many noobs seems to believe their stories. I took it upon myself to monitor a particular account sometime back and all the user does is call a buy prediction on newly listed coins on Binance. If you're not inform you'll think he's some bad ass expert and probably end up giving him your funds for prediction that if that's what you intend doing you can get that easily by following Binance on their social media platforms.

If everyone on crypto twitter is winning their trades, who is at the losing end? Lol.

I guess it has to be we lol, the non twitter traders. Newbie should just avoid that platform because if you're not the type that has control over your emotions, you might end up getting screwed wanting to be like them.

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August 19, 2020, 04:50:10 PM
 #25

It is such a piece of shit move that I have seen people actually making their accounts hidden and not accept any followers first, post a million things for a few months, put every side of it like a possibility, so remove the one that is wrong and keep the one that is right (because when you give all possibilities, one of them will be right) and when they finally open their account to public it looks like for the past 3 months they have known every single movement in bitcoin.

These people are sick and they should be arrested, they are not wise or smart or anything (well they are smart for figuring this method out) but they are just doing the obvious, they just say "it will go up" and "it will go down" and whatever happens removes the other one, this should be a criminal act.

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CarnagexD
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August 19, 2020, 07:11:46 PM
 #26

It is such a piece of shit move that I have seen people actually making their accounts hidden and not accept any followers first, post a million things for a few months, put every side of it like a possibility, so remove the one that is wrong and keep the one that is right (because when you give all possibilities, one of them will be right) and when they finally open their account to public it looks like for the past 3 months they have known every single movement in bitcoin.
This is true lol. I've seen many accounts with a high activity in twitter even they just registered days or week ago. Probably one of the ways to spread FUD or fake analysis to distract others or setting trap. It is still better to go alone with some guidelines on your map rather than depending on these guys, coz if they are wrong it is not their mistake, it's yours to regret coz you followed their market conclusion. Always check who you follow or want to copy trades, if you're going to have one at least he's popular and wary of the market.

These people are sick and they should be arrested, they are not wise or smart or anything (well they are smart for figuring this method out) but they are just doing the obvious, they just say "it will go up" and "it will go down" and whatever happens removes the other one, this should be a criminal act.
They are sick yes, but how can they be arrested for that? haha let them be fools alone themselves, thus only fool will fall on their words. This isn't a criminal act, instead a pitiful act.

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Danslip
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August 19, 2020, 08:34:20 PM
 #27

The fake experts can talk about their own altcoins bags all day long and there is nothing wrong to promote the specific coin especially if the influencer has invested a big amount or go all in. There are a lot of lessons that have to be learned through well-known traders who share valuable data on crypto Twitter. Charlatans are here and there, no need to blame specific social media as the main target.

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August 19, 2020, 09:52:36 PM
 #28

What is certain is that if the market is bullish, there will be many predictions appearing everywhere, not only on the Twitter platform.
We have to be more careful in dealing with this, because most of the several Twitter accounts take advantage of this moment to attract
members for their paid groups. Which paid groups are not always accurate in giving trading signals. My advice is better start learn to
analyze the market yourself, so the results you get are also more reliable and accurate.

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August 19, 2020, 11:52:09 PM
 #29

Been sick of this twitter shilling, One of the first do this and make it very effective is McAffee. There is too much shilling before when many new crypto users find suggestions on what to invest and these people got to take advantage of it. Repetitive tweets from different accounts seem to be normal in twitter I guess.

Too many false information about crypto in twitter and this can bring harm to the viewers, Today DeFi projects are the one who is hype in twitter, Can't really trust people who's hyping up in twitter  Tongue

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tbterryboy
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August 20, 2020, 06:45:57 PM
 #30

I don’t even follow cryptocurrency on Twitter, because I know that people say a lot of sh*t on there, so I just come to this forum or just do my research online and that’s it, no need to stress. When the crypto market is on a uptrend they will start rejoicing and making dumb predictions and exaggerating by saying that it will reach up to $100,000 or even $500,000 and I laugh at those that say it’s going to reach $1 million Roll Eyes. But with just a slight decrease, they will all start saying how much they hate crypto and then you see some of them saying that they are going to quit and all that.
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August 20, 2020, 10:02:06 PM
 #31

Scammers don't feel guilty. They just loot people for their own profit. And yes they always try to trapped newbie traders whom don't know about much about crypto. That's why people should not follow those scammers and not be fooled by new scam projects.
After twitter incidences now days its too much risky to follow any that social media. It's better that learn about crypto from other platform.
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August 21, 2020, 06:10:27 AM
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 #32

I got Twitter on my phone because I think its a good way to get a quick glance at the markets of bitcoin and crypto without having to navigate a forum. And its also more accurate than some of the Crypto news websites out there.

So if there was some major price boom or crash, you can quickly go to Twitter and check and see what happened pretty quickly. Going on bitcointalk with a phone would be much more work since its harder to navigate rather than just needing to scroll down.

However keep in mind that there are many amateur traders out there and you shouldn't trust them too much. That and there are tons of fake giveaway scams and shilling for many  ICOs and small cap alt-coins so you need to becareful.
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August 21, 2020, 01:19:49 PM
 #33

Yes, everyone is shilling their bag full of shit coins and then dump it once the price goes off because of some newbies believing every word spewing, Lol. Anyhow, I just love to see read them and sometimes it gives me a good chuckle as I will say that I'm been in the game and seen almost every shilling so I'm not affected by it.

But for newbies, damn, they can easily fall and then don't understand what happen when the supposedly shill token goes down hard. These people are worst than scammers, make believers and giving noobs false hope.

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August 21, 2020, 04:44:19 PM
 #34

To be honest I am watching some of these self-proclaimed crypto experts/analysts for reference and from that, I will do my own research and I will decide for myself and not because they are shilling or promoted it. Sometimes there are helpful and sometimes not. I just look in your example he promoted Blockfi and recently I have seen a news on theblockcrypto that Blockfi has raised a wooping 50 million dollars check below link for reference.

Source: https://www.theblockcrypto.com/post/75338/blockfi-raises-50-million-eyes-potential-spac
Sanugarid
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August 21, 2020, 07:48:17 PM
 #35

I got Twitter on my phone because I think its a good way to get a quick glance at the markets of bitcoin and crypto without having to navigate a forum. And its also more accurate than some of the Crypto news websites out there.
When you got the right people or channels to follow on twitter then it could be a good platform to have it so, especially when you followed the active ones and is linked with some crypto portals. But to be honest, it is just like any other website coz there are lot of shit in  there which might lead you to something awful. Twitter is not the top draft.

So if there was some major price boom or crash, you can quickly go to Twitter and check and see what happened pretty quickly. Going on bitcointalk with a phone would be much more work since its harder to navigate rather than just needing to scroll down.
Indeed browsing bitcointalk to your phone is not that good, I've tried it many times, I miss some press many times, links are too small for the thumb and all but checking it on twitter is not also good. I'd rather use an application, not to mention which one, but it is better when you turn their notification on, you get an instant view of what's happening in the market.

However keep in mind that there are many amateur traders out there and you shouldn't trust them too much. That and there are tons of fake giveaway scams and shilling for many  ICOs and small cap alt-coins so you need to becareful.
Not just on twitter, on any other platform, and I think we got bunch on them in the telegram luring some beginners.

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August 21, 2020, 11:47:24 PM
 #36

To be honest I am watching some of these self-proclaimed crypto experts/analysts for reference and from that, I will do my own research and I will decide for myself and not because they are shilling or promoted it. Sometimes there are helpful and sometimes not. I just look in your example he promoted Blockfi and recently I have seen a news on theblockcrypto that Blockfi has raised a wooping 50 million dollars check below link for reference.

Source: https://www.theblockcrypto.com/post/75338/blockfi-raises-50-million-eyes-potential-spac

Not all would be just trash or useless it will depend on how you do make up some verification or research because there are still info which are useful and not.

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August 22, 2020, 09:51:28 AM
 #37

To be honest I am watching some of these self-proclaimed crypto experts/analysts for reference and from that, I will do my own research and I will decide for myself and not because they are shilling or promoted it. Sometimes there are helpful and sometimes not. I just look in your example he promoted Blockfi and recently I have seen a news on theblockcrypto that Blockfi has raised a wooping 50 million dollars check below link for reference.

Source: https://www.theblockcrypto.com/post/75338/blockfi-raises-50-million-eyes-potential-spac
One way or another, regardless of what experts we listen to and what sources of information we take into account, in order to achieve good results in our activities, it is still necessary to analyze and verify all available information personally. Everyone should understand that in the market everyone earns and any positive feedback can be primarily an advertising presentation.

Not all would be just trash or useless it will depend on how you do make up some verification or research because there are still info which are useful and not.
One way or another, regardless of what experts we listen to and what sources of information we take into account, in order to achieve good results in our activities, it is still necessary to analyze and verify all available information personally. Everyone should understand that in the market everyone earns and any positive feedback can be primarily an advertising presentation.

#business #forextrader #bitcoinnews #invest
ryap12
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August 22, 2020, 10:12:55 AM
 #38

This is why twitter isn't really the best place to look for good info. Heck, twitter is mostly just people posting random stuff that came out of nowhere, I only really follow some twitter accounts of crypto for statistics and daily news/updates. Following "influencers" is just a waste of time and space for me imo. It's basically almost like how I treat Telegram, I only join a select few that I personally think that are helpful to what I need to know, though I already left Telegram some time ago.

I wonder what made people so gullible today. I mean, not that I'm perfect or anything, but I've learned from the start to look up every info I can regarding something since it just irks me if something doesn't go the way I want to, whether it comes to crypto when I came in or whether other stuff (mainly coding).

Mostly the targets of these Twitter accounts are newbies (new investors). Of course if you have been tricked before you already know where to look at. Though there are still Twitter accounts worthy to follow especially projects that have prove themselves as legit. There are also activities done only on Twitter like giveaways or puzzles posted by project's promoters. (I am generalizing everyone.)
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August 22, 2020, 03:43:48 PM
 #39

I got Twitter on my phone because I think its a good way to get a quick glance at the markets of bitcoin and crypto without having to navigate a forum. And its also more accurate than some of the Crypto news websites out there.
I don't know about accuracy but there are a lot of contents on crypto news sites that were taken from twitter.

So if there was some major price boom or crash, you can quickly go to Twitter and check and see what happened pretty quickly. Going on bitcointalk with a phone would be much more work since its harder to navigate rather than just needing to scroll down.
True. Basically, all things about crypto spreads fast on twitter including rumors on exchange hacks and code vulnerabilities.
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August 22, 2020, 07:28:02 PM
 #40

To be honest I am watching some of these self-proclaimed crypto experts/analysts for reference and from that, I will do my own research and I will decide for myself and not because they are shilling or promoted it. Sometimes there are helpful and sometimes not. I just look in your example he promoted Blockfi and recently I have seen a news on theblockcrypto that Blockfi has raised a wooping 50 million dollars check below link for reference.

Source: https://www.theblockcrypto.com/post/75338/blockfi-raises-50-million-eyes-potential-spac

the legend says that somewhere there is a successful top trader who in addition to his job has extra time to write daily TA and charts, analyze many different strategies and share it on Twitter that the masses of anonymous traders would make little profit. but it is only a legend, which is btw I invented it right now.
Now serious is it really to expect that experienced trader will waste his time to write TA on Twitter or anywhere for free? the first thing is that there is probably no time to throw and second, they probably earn enough money, so they don’t need to try to explain it all to others for free or for few bucks.

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