Do not believe every crypto news you read online

[yazher]

This is right and we have multiple proven evidence that those other promotions are just for hypes and they get paid for it. We have some celebrities who posted on their Twitter or any social media accounts about certain coins to promote and after a few months, we know the real reasons behind it and all of it is just for money. The people who gonna believe them will be fooled to invest in such coins where they might gonna lose their money if they don't know when to sell it back when the price is right. You really need to consider making your own research here, without depending on those celebrities for your investment.

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[kelonmusk]

I'm not saying to not invest in any new-coming projects, but rather stay grounded and do some research first before diving headfirst into investing. When you are just starting out in crypto, it can be difficult to tell the difference between a scam coin and a coin worth buying. 

There are too many new coins or tokens every year. If you don't want to do your own research, then you run the risk of losing money too. So, here you have to be careful and observant in seeing the potential of a project.

[evichi]

The internet is filled with all sorts of information that sometimes are misleading - and not only in crypto but in virtually all sectors; health, politics; etc. You have to do extra research to validate your information before use. That something is read on the internet does not mean that it is always correct. It is left for every internet consumer to check and perform some research especially in very sensitive areas that involves money/investing, health, etc. In my opinion, any company that advertises on the social media or pay people to do so, should as much s possible, check what is presented to the public so as not to tarnish their image. As mentioned in the case of Oryen Network, the advertiser/chiller might think he is smart, but not knowing that he is rather sending a negative impression to people.

[SFMHodler]

90% of crypto news are biased in some way

[Riodarvg]

I can't count how many times I've come across such news online and when you check the project out its either a new upcoming project that's not even launched yet or a project that has low volume.

Most news sites these days are inaccurate. Most of them are to increase publicity traffic to attract more people to invest in them, and there is no absolute accuracy.

New crypto investors need to be very careful when doing research, do not take a decision without doing your own research first.

News media should be chosen carefully, research to determine whether the news is reliable and true, and always verify the news read.

[Diuyen Kim]

You must have your own judgment. Many friends who are new to the crypto world will affect their judgment because of some news media articles. A lot of FUD is because they promote some fake news on a large scale, causing people to panic, causing prices to drop, or enticing more people to buy a certain currency, and they harvest it.

[BigBos]

Yes, I experienced this when I first entered the crypto world, the ad showed a crypto project collaborating with a big or well-known exchange. Then I clicked on the link in the ad and filled out the form provided on the website. After a few hours, there were a lot of notifications in my email, I thought they were normal notifications from social media and ignored them. after 2 hours I want to open my portfolio on another crypto exchange, after several times of verification I did but can't log in, I tried various ways to enter but still can't. it turns out that the notification that appears in the email is a notification to change the password and cellphone number. became a lesson for me to reset the project that was in the ad even though it was on behalf of the biggest exchange. this will be very dangerous for us especially if we have a lot of our altcoin savings on an exchange.

not only that, for now, there is a lot of bad information (FUD) circulating in the media about people asking about security related to many big crypto projects going bankrupt.

[krishnaverma]

Not all news are true or correct.

That is why a good investor should verify the news from multiple sources before making the decision to invest. Let me share one mistake I did regarding this. I was seeing top gainers on coingecko and there was one coin with over 4000% gains in last 24 hours. I though coingecko is a reputed site and it will ever list scam projects. But after investing , when the value grew and I tried to withdraw , there was no option for this. It was a complete scam coin. They might have paid other sites for getting listed on top gainers lists. If I would have made more research about this project before investing, I would not have lost my money.

As far as I am concerned, it's not just crypro reviews that are paid but also some news which the target is to spread FOMO and FUD

You are right, these days there is so much competition in blogging that even bloggers operating crypto related blogs will not hesitate in doing this. They will include some news or article promoting a new scam project for promotion after getting some money and later they will remove the article from the site to avoid backlash from regular readers. It is important to confirm the news from multiple websites. And prefer good websites for this who will never post fake information just for money.

[Luffygroove]

Like any other kind of media, I anticipate the emergence of hoaxes, with dire consequences for individuals who do not verify their information with many independent sources. It's crucial that you be a scathing critic who constantly probes for updates about them. So, from now on, we won't settle for half-truths and will instead actively seek out the whole story. It has wide application outside of crypto world as well. To get the most accurate information, you need access to more than one reliable source.

[albon]

New crypto investors need to be very careful when doing research, do not take a decision without doing your own research first.

Yes, there is much false news on forums and social media such as Twitter and YouTube about crypto, so everyone should take news from reliable sources and from official accounts only. Any investor must identify fake news from real News that he sees before he rushes to take any decision and before he helps in sharing it with his friends and the rest of the people. The strange thing is that there are people who believe these rumors and false news as soon as they see it, we must know that the purpose of these people who spread this false news is to create an audience, increase their followers, and profit.

[asyakashi]

In order for the news to look interesting there are always things that they are more interested in. Usually they put it in the title. If it concerns the assets we hold , we better prioritize to ensure them by reading multiple sources so as not to get the wrong information. I also often get stuck with this.

[Cling18]

This has been happening for a long time but those who don't research to verify the validity and legitimacy of the news are the ones who easily believed and fall for their trap. Fake news and Fud are everywhere and those who create them have different motives and goals either to hype their coin or just to mislead the investors. That's why we should always do continuous research so we'll never get fooled by fake news and information that we could read online.

[The Cryptovator]

How about just don't believe any new project lol. You will be safer then. Very rarely do I read crypto news except Cointelegraph. Most others just do pay press releases. Although Cointelegraph does pay release as well they maintain quality. I don't believe any news sites for new projects. It needs deep investigation if I intend to invest in a new project. Because most projects are just shit projects and have nothing. They just focus on how they could raise money and don't care about products and development.

[Bitcoin2009]

Any news related to cryptocurrencies deserves our investigation, most people are too quick to believe that the news conveyed is true, so he follows the advice of the news, of course this is a common technique because most news online today are paid or sponsored so it makes us always have to alert.

[fzkto]

How about just don't believe any new project lol. You will be safer then. Very rarely do I read crypto news except Cointelegraph. Most others just do pay press releases. Although Cointelegraph does pay release as well they maintain quality. I don't believe any news sites for new projects. It needs deep investigation if I intend to invest in a new project. Because most projects are just shit projects and have nothing. They just focus on how they could raise money and don't care about products and development.

Probably a lot of people come across unreliable or false news. Especially when these people are new to the cryptocurrency market. You and I were like that too, when we believed any news sites and were happy to be fooled by any news. But over time, you come to realise that not all sources can be trusted. And now I don't follow the news at all because first something happens in the market and only then does the news appear. My only advice to beginners is to spend less time searching for news.

[irhact]

There are too many new coins or tokens every year. If you don't want to do your own research, then you run the risk of losing money too. So, here you have to be careful and observant in seeing the potential of a project.

This new projects most times are the ones spreading fake rumors about their competition. Binance once accused another exchange of spreading rumors about them and now that exchange is no longer in existence. We should be careful about what we read online and new project we invest in. They might be looking like very promising but they have their bad side. Some are only in the market to steal money and run away. I belivymost it the hacks in cryptocurrency are done by insiders.
They just call them hack so they don't get investigated and can go away with as much money as possible. Stay focused on projects that are building and not those wanting to be in the news everytime to create hype around their project.

[kzkazu]

Many news sites publish encrypted messages that are inaccurate. Most of them will add interest to the news for traffic, create false hype and spread FUD to induce investors. Therefore, in the encrypted world, we should be vigilant whether to believe the news and judge whether the encrypted news is true. Whether it is investment or trading, you must have your own judgment standards and make wise and correct choices.

[yazher]

Many news sites publish encrypted messages that are inaccurate. Most of them will add interest to the news for traffic, create false hype and spread FUD to induce investors. Therefore, in the encrypted world, we should be vigilant whether to believe the news and judge whether the encrypted news is true. Whether it is investment or trading, you must have your own judgment standards and make wise and correct choices.

Just like any promotion sites out there, news sites are more likely paid to criticize or promote a certain project to fool us. so it's better to know when to invest in real coins where they truly do what they have been telling their investors. I mean, those projects that are really keeping their promises when it comes to developing and updating their project for good. Because there are lots of coins out there that are outdated and only told their investors about their plan which does not really happen at all. Doing your own research will expose such hidden bad sides and you will avoid investing in some pump-and-dump coins.

[ethereumhunter]

Many news sites publish encrypted messages that are inaccurate. Most of them will add interest to the news for traffic, create false hype and spread FUD to induce investors. Therefore, in the encrypted world, we should be vigilant whether to believe the news and judge whether the encrypted news is true. Whether it is investment or trading, you must have your own judgment standards and make wise and correct choices.

Don't really trust the news you find because it's not necessarily true. You should be able to look up news from other sources to compare them to find out what's really happening. Once you know, you don't need to panic and live with what will happen while preparing a plan for dealing with situations that will occur later. Sometimes the news is made to attract the attention of many people and for that, news sources sometimes provide news that can make people worry and panic. We must keep trying to stay calm to see what we can do.

[virasisog]

Many news sites publish encrypted messages that are inaccurate. Most of them will add interest to the news for traffic, create false hype and spread FUD to induce investors. Therefore, in the encrypted world, we should be vigilant whether to believe the news and judge whether the encrypted news is true. Whether it is investment or trading, you must have your own judgment standards and make wise and correct choices.

Don't really trust the news you find because it's not necessarily true. You should be able to look up news from other sources to compare them to find out what's really happening. Once you know, you don't need to panic and live with what will happen while preparing a plan for dealing with situations that will occur later. Sometimes the news is made to attract the attention of many people and for that, news sources sometimes provide news that can make people worry and panic. We must keep trying to stay calm to see what we can do.

Awareness and being knowledgeable of the latest events in the blockchain community as well as coin updates will be an edge so we will not easily fall for false information and fake news. As long as you know the facts and you have the legit details about the market condition, you will not easily be fooled by FUD and false information. You only have to do fact-checking before believing certain news. As much as possible, we should not panic or be affected by unverified information that we could hear or read on the internet.