As a new trader in the game, you just can't run from social media inluence.

[The Cryptovator]

Nowadays, most new traders are born after seeing all the tempting campaigns on social media. New traders think that according to those campaigns, they will start getting rich just by depositing money. They compare trading to gambling.

That's true; I know someone who thinks also in a similar way. Though I helped them with crypto and trading, they also follow various social media. He sometimes shares with me that will happen and bla bla. I always told him, 'Don't trust what you see, and don't invest in shitcoins.' But he didn't hear me and eventually invested in a shitcoin, and he thinks that will make him rich one day. I am not saying it's impossible, but very rarely a coin would pump hard and make us rich. But who knows which coin will do it? There are a lot of shitcoins around us. I advise him to invest only in top coins for now; they need to learn about the market and decide later. Beginning stages have to be careful about losing money from social media influence. I really don't comment even on any social media post nor am I influenced by them.

[Arenga pinnata]

Nowadays, most new traders are born after seeing all the tempting campaigns on social media. New traders think that according to those campaigns, they will start getting rich just by depositing money. They compare trading to gambling.

That's true; I know someone who thinks also in a similar way. Though I helped them with crypto and trading, they also follow various social media. He sometimes shares with me that will happen and bla bla. I always told him, 'Don't trust what you see, and don't invest in shitcoins.' But he didn't hear me and eventually invested in a shitcoin, and he thinks that will make him rich one day. I am not saying it's impossible, but very rarely a coin would pump hard and make us rich. But who knows which coin will do it? There are a lot of shitcoins around us. I advise him to invest only in top coins for now; they need to learn about the market and decide later. Beginning stages have to be careful about losing money from social media influence. I really don't comment even on any social media post nor am I influenced by them.

Usually, people who talk to us a lot after reading several analyses on social media will eventually come back to us and say the opposite of what they said before. They will argue that they got carried away by their emotions or something like that. I also have friends who are easily influenced by social media. Sometimes they become like people with FOMO. Personally, I rarely give advice. I just pretend that I don't know any more than my friend and only give a little reminder at the end. That is, he should be careful and not get carried away by the hype in the market and forget the basic analysis, such as how to utilize market sentiment with sentiment analysis. But usually, he doesn't listen and only comes back a few days later after his position has not generated any profit and has actually lost money. 

[batang_bitcoin]

To me, it has cost me money and lost me a lot of trades. When I think that an influencer is good by their posts and trades, people have to realize that they can alter all of those images and they are free to post their demo results. That's the sad truth that they're only good with those, the majority of them aren't really traders but just clout chasers who are attracting to have more audience and fans because many likes to make money and they know how to do it if it's only for the sake of having more followers. And that's without having to spend a lot of penny on their end.

And thats what you should be that careful on on which you should really know on how to spot out on which one is demo and which one is a real one. Actually its not that hard to spot out on the time that you've made yourself as an experienced one but if you are that a newbie then its most likely you would be falling into the trap on which considering that you do lack of knowledge and awareness of things and thats why lots of them get victimized and later on they would be able to realize that its a total BS on following up these people and its better to mind their own trades rather than on following someone. Although there are some which are legit ones but still it doesnt mean that you would be that heavily relying on them specially if you are that planning to make yourself as a profitable trader or someone whose sustainable.

Learning up trading skills wouldnt be just that be able to achieve in a short period of time on which means that you are able to pass through tons of challenges and hardship before you would be able to acquire such skill. Yes, its hard but its not impossible.

Yes, these days. It's not that hard anymore to spot on who's the real ones and not. But it's best to not get into them if you want to safe your money. Because there are influencers that will suck all of your money and will tell you tales and good words just for you to trust them. And for that reason, if you're not going to make any sense with your money, believe them. If you care about how you spend yours, then it's now high time to stop from being in them and learn how to trade properly so that you'll be able to improve your trading skills.

[gunhell16]

To me, it has cost me money and lost me a lot of trades. When I think that an influencer is good by their posts and trades, people have to realize that they can alter all of those images and they are free to post their demo results. That's the sad truth that they're only good with those, the majority of them aren't really traders but just clout chasers who are attracting to have more audience and fans because many likes to make money and they know how to do it if it's only for the sake of having more followers. And that's without having to spend a lot of penny on their end.

And thats what you should be that careful on on which you should really know on how to spot out on which one is demo and which one is a real one. Actually its not that hard to spot out on the time that you've made yourself as an experienced one but if you are that a newbie then its most likely you would be falling into the trap on which considering that you do lack of knowledge and awareness of things and thats why lots of them get victimized and later on they would be able to realize that its a total BS on following up these people and its better to mind their own trades rather than on following someone. Although there are some which are legit ones but still it doesnt mean that you would be that heavily relying on them specially if you are that planning to make yourself as a profitable trader or someone whose sustainable.

Learning up trading skills wouldnt be just that be able to achieve in a short period of time on which means that you are able to pass through tons of challenges and hardship before you would be able to acquire such skill. Yes, its hard but its not impossible.

Yes, these days. It's not that hard anymore to spot on who's the real ones and not. But it's best to not get into them if you want to safe your money. Because there are influencers that will suck all of your money and will tell you tales and good words just for you to trust them. And for that reason, if you're not going to make any sense with your money, believe them. If you care about how you spend yours, then it's now high time to stop from being in them and learn how to trade properly so that you'll be able to improve your trading skills.

Actually, nowadays when you scroll through our Facebook feed, you'll see many influencers appearing in ads where you'll see the faces of various influencers suddenly popping up, showing balance amounts in their e-wallets claiming they earned around $9,000 or more just by using RSI or Bollinger bands, and the way they talk, you'd think these deceptive content creators know so much about trading but in reality is not.

What they're promoting is Expert Options, and others promote trading signal groups where, based on what they're saying, you'd really think they can deliver good ROI to those they manage to convince. But when you read the comment section, there are some people there who never received their profits after depositing funds into the trading signal group. That's why most of these influencers you see on FB are really fake gurus or fake mentors and can be considered scammers as well.