Do not believe every crypto news you read online

[lienfaye]

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

That's true. We need to always do our own research and verify the news if it's really true. It's not good to only rely on what you watch or read on the news because there are many fake informations out there to mislead us.

Actually this is not new because even before such fake news are already existing to deceive the investors (especially the newbies). This is some kind of scammer's strategy to lure the people who are lacking of knowledge to invest. Thus, be careful what to believe in, and always take time to verify.

[Chato1977]

actually I only read news from whom I believe expert here in forum than exploring outside.

because what I do believe is that people here are more concern about co forum user than those who pretend to be expert but does not care for anyone  but themselves .

[sana54210]

Yes, it is dangerous to believe everything you hear. Because nowadays, every business uses media to its advantage. The majority of businesses use the media to spread false information in the market for their own benefit. As a result, believing in every piece of news is never a good strategy.

Do not believe in everything that you see not just in the news but also in social media and in other different media. Because it's a huge business and you see big article producers, they're paid a lot to hype something about a business or a company or a project that wants to advertise just the way they promote.

Sad part starts when you become part of a project, as a staff member. You end up seeing how people are not really focusing on they could make a profit from these things, but they focus on how they could charge the project owners.

I have been a content writer for news websites in the crypto world, and I have been part of marketing for crypto projects, and one thing is common there, projects pay these websites to write amazing things about them and then it gets published and people end up buying those projects and the price goes up, whereas the news website didn't even researched it, they just took the money and said ok, which is a bad thing for investors.

[Kemarit]

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

That's true. We need to always do our own research and verify the news if it's really true. It's not good to only rely on what you watch or read on the news because there are many fake informations out there to mislead us.

Actually this is not new because even before such fake news are already existing to deceive the investors (especially the newbies). This is some kind of scammer's strategy to lure the people who are lacking of knowledge to invest. Thus, be careful what to believe in, and always take time to verify.

And with where we are right now in the social media age, anyone can invent some news and can convince others to believed it. That's why it is very important specially for newbie investors to always do their research first before investing their hard earn money on any project. Because as soon as they have pour their money, it's the gamble already so whether they will make profits or not, it will not be based on them. They are already at the mercy of the people behind the project. And there are cases that even if we do DYOR, the project will still fail like the FTX collapse.

[libert19]

I don't read news at all, most news appear propoganda-istic to me. If you need legit information just follow official channels of relevant projects.

[o48o]

I don't read news at all, most news appear propoganda-istic to me. If you need legit information just follow official channels of relevant projects.

Well this applies only to legit projects. SBF wasn't really telling us what has been happening behind the FTX scenes. I had to hear a hints from that via CZ tweet.
And even if different medias or people who analyze blockchain activity are promoting different bags they can sometimes reveal truths that teams themselves wouldn't dare to say out loud.

[Cantsay]

actually I only read news from whom I believe expert here in forum than exploring outside.

It's actually nice to explore the internet yourself rather than wait for someone to post what he/she thinks is useful.

because what I do believe is that people here are more concern about co forum user than those who pretend to be expert but does not care for anyone  but themselves

It's true that most users here are really concerned about the security of others, posting useful tips on how to secure oneself, how to avoid scams etc. But I would still advice that you also try to scan the internet and get yourself some useful info. You could avoid topics that has to do with investment since you ain't that acquainted in that aspect and because most investment articles are paid articles.

[ThemePen]

Scammers are everywhere. And they always try new methods to grab your money. These scam news attract the people to invest and when they invest and wait for the profit.
Suddenly people see they delete the website or excuse or run away. And grab the money.

According to you advice we should avoid from these kind of news and try to report and help people to avoid.

[Subbir]

Not every crypto news you read online is always true it is best to practice your own market here is some safety from scammers. Fundamental analysis is most effective once the fundamental analysis is done, analysts aim to determine whether the asset is undervalued or overvalued. Investors can use these results while making their investment decisions.

[abel1337]

Scammers are everywhere. And they always try new methods to grab your money. These scam news attract the people to invest and when they invest and wait for the profit.
Suddenly people see they delete the website or excuse or run away. And grab the money.

According to you advice we should avoid from these kind of news and try to report and help people to avoid.

Sadly you can't report it if the news website organization is the one who posted that. This is the reason why we need to know where reliable and trusted internet news we are seeing since people are taking advantage of the internet by spreading fake information. Fake news is a big thing now and we all should know how to verify the information we see over the internet. If you're an ignorant investor for sure you will be a victim of fake news especially on crypto where it involves money.

[Altryist]

That's true. We need to always do our own research and verify the news if it's really true. It's not good to only rely on what you watch or read on the news because there are many fake informations out there to mislead us.

Actually this is not new because even before such fake news are already existing to deceive the investors (especially the newbies). This is some kind of scammer's strategy to lure the people who are lacking of knowledge to invest. Thus, be careful what to believe in, and always take time to verify.

You need to follow the news, because the cryptocurrency market is very sensitive to news, but in addition to this, you also need to understand why this or that news was published, for what purpose. The news can be misleading, or it can be fake, so it's also important to check the news from multiple sources. As always, in addition to just reading the news, you also need to be able to analyze it.

[isaac_clarke22]

~

True, though sometimes I still read some news just for the sake of being aware of what is currently happening around crypto and not merely to join other people wielding their pitchforks to the next FUD they would to an x project. The only content that I would truly avoid watching or even seeing would be Youtube videos of certain project since I had encountered plenty of fake news/false information from some channels that are doing it just for the sake of....well doing it.
The same goes for how I look to people reviewing certain projects especially back then when I was browsing ICOs.

[gabbie2010]

These are tricks and gimmicks used by some promoters to divert attention of new investors to the so-called coins in a bid to hype it to attain hard capitalization quickly, of course old crypto enthusiasts won't bother with this type of news because it's a common occurrence in the crypto sphere, this news will likely catch the attention of newbies to invest massively thinking that it might be one of the 100x pump profitable coin whereas it's will ended up as scam their developers will abandon the project invariably we just have to be extra careful in investing in those projects without a thorough research.

[Xal0lex]

When you see a crypto news saying that investors are leaving shiba inu and polygon or avalanche for a new project do not always believe, this is a new way to attract the public investors that have no time to do their own research first.

Almost all news is triggered to manipulate and create a certain movement. If such news appears, it means that someone wants to dump the price or pump it up. In general, there is a lot of information noise in the news environment and it is quite difficult for an inexperienced investor to discern what is true and what is not. People with weak conviction will definitely react to such news, convinced investors will simply ignore such news.

[len01]

someone who has been in crypto for a long time will definitely never believe any news about new cryptos circulating on social media or other newspapers.
but for beginners who want to start investing in crypto, they will definitely be hooked and start going there. because advertisements like that always give the appearance of giving big profits when investing there, like one of the scammers' ways to attract beginners into their trap.
There are so many beginners out there who start investing in new cryptos without full knowledge and end up losing a lot of money

[decodx]

When you see a crypto news saying that investors are leaving shiba inu and polygon or avalanche for a new project do not always believe, this is a new way to attract the public investors that have no time to do their own research first.

Almost all news is triggered to manipulate and create a certain movement. If such news appears, it means that someone wants to dump the price or pump it up. In general, there is a lot of information noise in the news environment and it is quite difficult for an inexperienced investor to discern what is true and what is not. People with weak conviction will definitely react to such news, convinced investors will simply ignore such news.

Yeah! It's good that there are so many ways to keep up with the latest developments in crypto, but some of them might not be entirely accurate.

I'm a big fan of cryptocurrencies. I made my first bitcoin purchase years ago, and followed it up with many more success stories through the years despite bitcoin's rollercoaster ride. However, I also see plenty of well-meaning investors getting duped into falling for scams, ICOs that are total fads, and shady exchanges. Even worse, some people take tips from random mediums and lose money because they didn't double-check the information with trusted sources. You must do your own research to be sure that a news source or other advice isn't misleading.

[DaNNy001]

This issue of news media over exaggerating some of the article they published its not a new thing especially the bogus information we see in the internet about some crypto project with false details on how they are different and stand out from other coins in the crypto space. And most of the article that are exaggerated in the news about crypto are actually paid for just to get more attention on the project and most of them are usually shit altcoins project used for scamming people who fall and pick an interest in this news.

[klidex]

I never believe in crypto news from online news or from the internet, especially if the news circulating is bad news or FUD.
Lately, there has been a lot of online news about crypto, which is both good news and bad news that aims to bring down the crypto market and the news is made by irresponsible people so they can get their own benefits.
I will believe the news that is circulating if I myself have done research and really see what really happened. If the results of my research are the same as what is being reported, then I can trust the source of the news.

[RealMalatesta]

This issue of news media over exaggerating some of the article they published its not a new thing especially the bogus information we see in the internet about some crypto project with false details on how they are different and stand out from other coins in the crypto space. And most of the article that are exaggerated in the news about crypto are actually paid for just to get more attention on the project and most of them are usually shit altcoins project used for scamming people who fall and pick an interest in this news.

Unfortunately that's not something that will stop anytime soon, we are talking about a method that is getting more and more attention for them, which is why they do it and that's the issue. Normally if they wrote or talked about exactly what happened, no opinions or no hype basically just the news itself then it's not going to be read or watched. That's why they end up with doing something that's going to be clickbait because that's going to end up with these topics.

This is why I believe that we are going to be a bit more problematic and that's why we are seeing these news and not ging to get anything proper and can't find proper news anywhere at all.

[KennyR]

These days it is good to see a big list of paid articles available on the news sources. However we need to understand what is the difference between the news and the paid articles. People need to consider these articles as the suggestion and never take it as the real news happening in the market. Right now we've got good list of news sources available for getting news about cryptocurrencies. This gives way to analyse and understand the real news. In the past it is the media that used to manipulate the market with the rumours and people get into panic out of it.