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Author Topic: Some BSC influencers you follow for price signals?  (Read 649 times)
wxa7115
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July 02, 2021, 07:18:42 PM
 #21

Don't do that.

Most of these crypto influencers even if they've got a huge following, they can be paid by these projects and can mislead their fans. They don't care about your feelings as long as they get paid.

I've seen somewhere that there were stories like that so if you don't want to end up the same as them, don't do it and save yourself.
This is incredibly common not only on this market but everywhere, as soon as someone generates a good enough reputation by giving decent advice then others will see this and will try to buy them out to get good reviews as people already trust in them.

And this is very difficult for those people to refuse as they are probably not making much money and they could make use of it, so this should show us that we should never rely 100% on the reviews and opinions of someone else, especially when it comes to investing and trading in which any mistake will cost us a lot of money.
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July 02, 2021, 07:29:03 PM
 #22

First things want to ask, how do you know he has a real following? Anyway, I been on some project,s and give me so much reason most of influencers have some agreement between the project itself. There has some few type deal can be made by the project to them:
- Paid to promote their coins
- Influencer got a spot private deal (SAFT) with the project to buy the token with a good price, for example, private sale price even the token already sold and that token came from "Marketing allocation". In exchange influencers got a good price token, they will help the project by promoting them.

IMO, there is no really have pure research from the influencer for a new token because almost 95% of them getting paid or got a good price token and try to pump it the price so they can get a good profit.

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July 02, 2021, 10:40:18 PM
 #23

I always say it and will continue to say it. Cryptocurrency market or other investment vehicles, it doesn't matter. If you invest according to what someone says, you are always bound to lose. Because if these people benefit themselves, they do not try to make money by sharing through social platforms. Especially if they've already built a system, why would they share it with others? Would investors, who are called whales today, gain anything if they share their investments that they think will bring profit? Of course no. For example, today a person has 1 million followers on Twitter. This person tweeted to you that a cryptocurrency will gain value. How many people invest in this project? At least 300 k people with followers invest. In this case, will the crypto money he shared gain value? He wins. In this case, who will win the real money, you or the phenomenon? Or this phenomenon went with project a and got the advertising money, so who will win, you or the phenomenon? Money is not easy to earn so stop wasting your money.
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July 03, 2021, 05:35:05 AM
 #24

What most of the so-called crypto influencers do is pump and dump. They buy the tokens before making a call for it. And because they've a huge following, the token is going to surge once their fans key in and buy. It's not because the tokens they've called is great but because of the buying action of their fans that will make the token rise in price. Once they get a nice ROI on their calls, they exit the trade. It's a trick and that's one reason I don't follow them. It's nice feeling though if I have a token already and they make a call on it like what Bitboy did a few days ago with Cartesi. It gave a nice rise and I took profit to rebuy at a dip. Definitely, there's always a dip whenever there's such instant rise like that.

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July 03, 2021, 06:18:40 AM
 #25

even if it is a person with a legitimate following, I will not follow a signal group for the purchase of my investment assets.
even I can invest simply to buy coins and tokens. why should I follow the signal given by the influencer?
let's be honest, sometimes we fall into the trap of influencers who advise that. because they are trying to create a quick hype to grow the investment they already have. and followers who follow will be trapped when dumps occur quickly.



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July 03, 2021, 06:22:40 AM
 #26

sometimes influencers have their own reason to promote their token so you should be careful with what you pay attention to. It's better to follow bunch of them to get mixed analysis and build your own portfolio based on that plus your own research. I would say not all influencers are bad at analysis, some of are  spot on, you should still include your own research regardless of what influencers tell you to do.

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July 03, 2021, 07:07:42 AM
 #27

Any twitter/tiktok/instagram influencers you follow to get insights or find knew tokens worth buying?

Not those with fake followers and retweets but legit sphere of influence.

There are maybe a handfull of good influencers who use knowledge and reasoining, and not hype or shilling.
And these don't really promote any specific coins, but rather the idea behind it.

If you see someone saying "buy this coin now", you can be sure it's a paid shill and likely a scam
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July 03, 2021, 07:47:03 AM
 #28

This is incredibly common not only on this market but everywhere, as soon as someone generates a good enough reputation by giving decent advice then others will see this and will try to buy them out to get good reviews as people already trust in them.

And this is very difficult for those people to refuse as they are probably not making much money and they could make use of it, so this should show us that we should never rely 100% on the reviews and opinions of someone else, especially when it comes to investing and trading in which any mistake will cost us a lot of money.

There are many influencers that sharing their insights about the price signals of BSC, some of them are legit and some are not but not whole of my decision I would rely on what they say though I didn't meant that they are talking nonsense because honestly those streamers really have a knowledge on what they're doing or what they are streaming. I mean it is much better to look and search for a price signal in the Binance website directly to see for price signals and make sure to make your own research and study how to read the charts, develop a technical analysis knowledge.
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July 03, 2021, 08:09:13 AM
 #29

Any twitter/tiktok/instagram influencers you follow to get insights or find knew tokens worth buying?

Not those with fake followers and retweets but legit sphere of influence.
If there is then enlist me too.  Cheesy
I don't actually believe influencers in social media, most of them are paid enough to do such things.
This ain't like a shoe company where basketball players are being paid to endorse the product or do it for commercials.
These are cryptocurrencies where you invest and you are risking your money for something you don't physically have.

I'd look for a page where a lot of people are gathering, that should be your target and not just 1 or a couple of influencer.

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July 03, 2021, 08:25:07 AM
 #30

Back in the day I did follow a couple of crypto influencers(not mentioning names   Tongue) but to be honest these guys once paid could mislead the masses which is why am nolonger a fan of them, tbh am better off alone....besides I have the forum to get some insights on most of these coins. So do I still need crypto influencers...no!!

 
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July 03, 2021, 09:17:09 AM
 #31

Any twitter/tiktok/instagram influencers you follow to get insights or find knew tokens worth buying?

Not those with fake followers and retweets but legit sphere of influence.

I am very sorry mate but I don't listen or even follow those so-called influencers, because I believe that they are just paid to do it and of course I have my own judgment and ability to determine what is right or wrong so technically I never listen to them, its better to trust your own guts by comparing those existing projects and picked what is good and promising just in case something wrong will happen you will be the only one to blame in your own actions.
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July 03, 2021, 09:39:26 AM
 #32

Any twitter/tiktok/instagram influencers you follow to get insights or find knew tokens worth buying?

Not those with fake followers and retweets but legit sphere of influence.
I do not follow their suggestion to buy coins or tokens because I do not think they will know if they really know about the coin. I prefer to search by myself, research the market and collect more information to find the right coin. Although if after I buy the coin, I can not make a profit, that will be because of my own mistake. I do not have to blame anyone. That means I need to learn more about finding the right coin. Those influencers do not always right with what they are saying so you do not have to follow them.

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July 03, 2021, 10:59:54 AM
 #33

I am not too dependent on signals or news from someone, for BSC I am always interested in the information that CEO CZ provides about what he intends to do with it.
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July 03, 2021, 02:15:27 PM
 #34

I am not too dependent on signals or news from someone, for BSC I am always interested in the information that CEO CZ provides about what he intends to do with it.
That's right, i like the way you following CZ Binance for getting the idea or information of the trend that was going on with the market. It is important to follow the true influencer for us to lessen our effort on searching the coin to be worth invested.
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July 03, 2021, 05:37:17 PM
 #35

I am not too dependent on signals or news from someone, for BSC I am always interested in the information that CEO CZ provides about what he intends to do with it.
That's right, i like the way you following CZ Binance for getting the idea or information of the trend that was going on with the market. It is important to follow the true influencer for us to lessen our effort on searching the coin to be worth invested.
I doubt that would work in the profit sense. I mean if you are following CZ actually, you know that he is not sharing stuff that are too brand new, he shares stuff usually either coming out of their own launchpad or they are already not that brand new (like even if it is a month old) which means you are not going to find gems in CZ tweets.

However there are twitter influencers that check literally every single new stuff and they even invest a bit into each of them, daily, which means thousands of dollars each month just to check out and find out stuff about them. In the end some of them are really good, they find good gems that turn into profits, and some of them are bad and find just shitcoins. Nothing wrong with trying to help people as long as you do not charge money, if it is free then they are doing it for fun and to be helpful and that's it, that's fine.
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July 10, 2021, 04:41:11 PM
 #36

I always say it and will continue to say it. Cryptocurrency market or other investment vehicles, it doesn't matter. If you invest according to what someone says, you are always bound to lose. Because if these people benefit themselves, they do not try to make money by sharing through social platforms. Especially if they've already built a system, why would they share it with others? Would investors, who are called whales today, gain anything if they share their investments that they think will bring profit? Of course no. For example, today a person has 1 million followers on Twitter. This person tweeted to you that a cryptocurrency will gain value. How many people invest in this project? At least 300 k people with followers invest. In this case, will the crypto money he shared gain value? He wins. In this case, who will win the real money, you or the phenomenon? Or this phenomenon went with project a and got the advertising money, so who will win, you or the phenomenon? Money is not easy to earn so stop wasting your money.
It is that simple and yet people do not see it, we need to use our common sense, people need a motivation to do something, do we really think that people are going to share their strategies to make money on the markets for free? Why would anyone do that?

Finding a way to make money every day from the comfort of your own home without too much effort is the holy grail of any making money strategy, and to think that anyone is going to share it means that we are being too naive, those people sharing tips about which coins are going to go up are just doing this to benefit themselves, and while this is rather common here in this market it is something that in other markets is illegal as the temptation to manipulate the people following the every word of such trader is for the most part to big to pass up.
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July 10, 2021, 05:49:04 PM
 #37

I am not too dependent on signals or news from someone, for BSC I am always interested in the information that CEO CZ provides about what he intends to do with it.
That's right, i like the way you following CZ Binance for getting the idea or information of the trend that was going on with the market. It is important to follow the true influencer for us to lessen our effort on searching the coin to be worth invested.
I noticed that "Changpeng Zhao" doesn't make any false announcements. His advice is to just invest in the correction time as now. CZ doesn't give us any financial advice about what we should make by ourselves. Because none of us know the real future of crypto. Either you should learn from your loss or waste your time more than 2 years.
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July 17, 2021, 04:48:36 PM
 #38

it is common knowledge that influencers only lied and take advantage of their followers, because these influencers are deliberately paid to do fake reviews, so that their followers buy the shitcoins, this is indeed very disappointing because there are still many people who are deceived by these "influencers"
While it is disappointing at the same time what were they expecting? It is very difficult that anyone is going to legitimately share what they are doing to beat the markets.

And this is because if they did it and enough people applied that strategy then the strategy will become ineffective over time, so the best thing they can do is to keep it a secret not only so they can maximize their profits but also as a way to make their strategy success to last as long as possible so they do not need to find another one once it became ineffective due to being revealed to the general public.
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July 17, 2021, 05:01:20 PM
 #39

I follow all possible cryptocurrency signals to learn something new and compare. But I never follow someone's strategy, I always study everything myself when buying tokens.
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July 17, 2021, 05:14:13 PM
 #40

Personally i am not totally listen what influencers said , i am thinking they are as moon boys only and always said buy and hold no matter what actually happen in market. Analize our own analisys will give huge lesson for us when we got profits or losses. Some influencers were not honest to us , they told us to buy their coins only and exit from project after that.

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