Don't believe everything you see online when it comes to trading.

[Versatile_choice]

Of course, those things we see traders posting on  social media some are fake while some is real but majority of the post we see on social media are fake it's just a way of getting people to  join their platform, while some are using that strategy to scam people. Whenever I come across such posts I don't even wait to recheck but to screw up because I know those things they are showing there is not true even though some are true but it's very hard to find those traders who are giving out the best knowledge or saying the truth because nowadays social media is literally turning into a scam zone you don't even know who to trust and who not to...

[Joy- maker]

Believing online influencers is at your own risk, because most of them are empty bags making noise either to mislead people or lure them into making decisions that benefits the influencers more than audience, therefore, always verify information before trusting or acting on it for your own mental health.

I stopped paying attention to online influencers along time ago, you might think they have people's interest heart, but that's not true they are only after their own money. Online influencers will do anything for bag, so stop paying attention to everything they say and do your own research.

[Chronic Gambler9]

All my years of socializing myself and trading in the market, with the Internet and I've come to realized that not everything we see on the net is true and most of them are make-up story just to lure us into believing them.  These crypto influencers are not really making the huge amount as we expect them to generate because they're here to spread rumours about their earnings and discreetly, most of them are ambassadors of these crypto exchanges and they make enormous amount when they get their hugh community to register using their promo code, I've seen it happen repeatedly and it's no longer news.

The entire social media is full of influencers that are developing the rumor spread of rumors about what they don’t know just to make people believe that their earnings are high, whereby they are also looking for a way to grow their accounts to a stage that they can begin to earn money. And instead of them telling people directly, they will be indirectly, not knowing that everybody on social media bears it now wisely, unlike before, when they find it very easy to scam everyone online.

[Byebyebtc]

This act is now done wildly that even real things now seem fake.. you now discovered that even the one we trust the most end up getting their money through promo and selling of course that wouldn't impact any trader in any way.

They have an idea about trading
They have good social media engagement
Companies get interested and use them for advertisement
They flex fake life to attract more engagement
And they make more money..

People still end up falling for this as a result of what these influencers flex online, and it's natural because humans are attracted to stuffs like that. But nevertheless we should have levels of self control and understand that most of these things are actually fake and are just to capture you attention to make you do payments without results.

I advise we build our life little by little that trying to depend on another person's path to be successful, if not they might still end up using your head.

[Makus]

A person coming online to show you that they made a particular amount on a single trade doesn't really prove anything because they might not really be as profitable as they claim to be but because they want to get people's attention they begin to come up with fake proofs. Trading is more technical than what a lot of us understand It to be and before trusting anyone to buy their courses or register for their mentorship programs you need more than just what they show, you must see practicality first. If someone claims to Bea good trader then they need to trade in front of you to and also make the profits they claim to get, after all, seeing is believing. Jumping in to believe everything you see online will get you deceived.

[Chilwell]

Believing online influencers is at your own risk, because most of them are empty bags making noise either to mislead people or lure them into making decisions that benefits the influencers more than audience, therefore, always verify information before trusting or acting on it for your own mental health.

I stopped paying attention to online influencers along time ago, you might think they have people's interest heart, but that's not true they are only after their own money. Online influencers will do anything for bag, so stop paying attention to everything they say and do your own research.

A lot of newbies are facing this kind of challenges, that is why they always loss a lot of money because what influencer usually show them is that trading is a game of luck which is why some of them lost heavily. All the social media influencers are not after the benefit, I mean the positive benefit of their followers rather they are all doing that just to get enough engagement for themselves. This is a very selfish act that is why I don't concentrate on them at all and also warn those that are following them most especially those that are close to me.

In the last few years when they were running telegram mining, majority of influencer mislead people in such a way that almost 80% of the miners could not achieve their aim simply because what this influencers were saying. Honestly they are misleading a lot of people through their platform.

[Fiasem20]

So tell me, is it advisable to believe everything you see online especially when it comes to trading?

Aside trading e no dey advisable to believe everything you see online.You see all those influencers dem dey pay dem for promotions,and you wey no know wetin dey happen behind the scene you go con follow their sugarcoated tongue.No be even trading nai most people dey fall victim sef,rather na project wey too good to be true nai dem dey fall victim pass,if you wan stay tay for this crypto space then e go dey good make you no follow everything wey influencers dem dey preach online because even dem too dey preach wetin dem no dey participate,reason why dem dey put body na because say the projects dem dey settle them financially for their promotion ads.As for trading if you no learn you no go understand one thing,and you wan follow most influencers wey no sabi one thing about crypto trading because say dem show you cash out wey no be their own.

[Humblevirus]

It is not only trading, we don't need to believe people on social media. In almost everything, believing social media is really risky. It is not the kind of life some people are living on social media that they are living in real life.Some people are really broke, but when they are on social media, they are living a luxurious life that they can't afford, and they try to make people believe that this is how they live their lives.

So, almost everything we see online is a lie, especially when it comes to making money. When you see lies being used to convince people so they can follow them, you see those traders on social media they are some of the biggest liars on social media.They always claim they make big profits time to time, but people should know that they are lying. Because if they were truly making the kind of money they always claim they are making, I don't think they would be online begging for followers and also telling people to buy their signals.

[Bryan jessy]

Few years back it was the most common method they were using to get people, even some social media influencer were into it, they usually come online to ask people to click on their link and and use their promo code and some even claim to have exchange wallet and encouraging the general public to make use of it and the truth is that nobody knows if all this their exchange are truly legit like the main exchanges that existed before then, to me anything that involves putting my money I will not try experimenting any of those trading sites flying online, the funniest part is the fact that I see some celebrities that I trusted advertising a trading sites some belongs to them while most of it the are endorsement.

[Oyoyoma_yu]

The Internet is a place where everyone have access to, and no one is being restricted from his opinion and knowledge, and many also believe what they see online is true. Trading is a very difficult skill to acquire, and this is the reason why many traders loses money. So if you are searching to get trading knowledge or skill online, you should be very mindful the platform you are seeking such help. Many of the platforms that promises reliable trading is there to make their personal profit, and not for you that is seeking for help, they will ask you to pay for training materials, and fees , so will urge you to pay some amount of money into their trading account so that they can help you make some money for you, but all this promises is not what someone will rely on because they have failed many times.

[DiMarxist]

Trading is a process and it is important not to take the what you see people online seriously because whatever is posted is just done to get people's attention. Trading isn't a ponzi scheme, some people assume that once they start trading then it is going to be possible for them to start making money immediately but that's not really how it works, the Internet has made it seem like you can learn how to trade today and then become a pro within a few months. online social influencers are fake and they are not supposed to be addressed or being called traders.

[Agathamay]

With the little I know and I've known in the industry, I don't need anyone to remind me that, i am responsible for any actions I take in the industry so therefore, I will have to verify every information I get and not just jump on a conclusion and as a person, i don't just easily use to trust people especially on the internet because I know that the internet is a very broad place and scammers are always seeking for people they can prey on and that is why we have to verify all informations.

I don't trust celebrity adverts relating to crypto and gambling because I see almost all of the as paid adverts and we don't expect any negative reviews to be given.

[Crypto_Timothy]

Simply searching online and taking the first information from the first website or the first creator you saw online is not research which is what you MUST do properly before you do any business or investments. Most content creator use the right words to tag their videos so when people just search, the first thing they see is the video of the creator and that's why we advise not to just take the first thing you see on the internet.

[JimaGod]

All my years of socializing myself and trading in the market, with the Internet and I've come to realized that not everything we see on the net is true and most of them are make-up story just to lure us into believing them.  These crypto influencers are not really making the huge amount as we expect them to generate because they're here to spread rumours about their earnings and discreetly, most of them are ambassadors of these crypto exchanges and they make enormous amount when they get their hugh community to register using their promo code, I've seen it happen repeatedly and it's no longer news.

The entire social media is full of influencers that are developing the rumor spread of rumors about what they don’t know just to make people believe that their earnings are high, whereby they are also looking for a way to grow their accounts to a stage that they can begin to earn money. And instead of them telling people directly, they will be indirectly, not knowing that everybody on social media bears it now wisely, unlike before, when they find it very easy to scam everyone online.

Everyone with a smart phone and knowledgeable about social media can simply browse from the comfort of his or her home. The social media space is not everyone and we really need to be prudent in dealings with these crypto influencers because most of them are just here to make sure they reap their benefits and favours been promised by firms and pushing their accounts forward for engagement, they do not care what they they introduce to the public.

These influencers will continue to grow in numbers and the only way to dulge or escape from them is simply staying safe, let's be guided in everything we're doing in this world. These huge figures posted on social media, we should not get carried away because most of them are Ai edited.

[Pi-network314159]

All my years of socializing myself and trading in the market, with the Internet and I've come to realized that not everything we see on the net is true and most of them are make-up story just to lure us into believing them.  These crypto influencers are not really making the huge amount as we expect them to generate because they're here to spread rumours about their earnings and discreetly, most of them are ambassadors of these crypto exchanges and they make enormous amount when they get their hugh community to register using their promo code, I've seen it happen repeatedly and it's no longer news.

If I understand you correctly what you mean is that most of this crypto influencers are  just doing everything possible to make money by all means as they are not making enough money on  investment , now they promote fake coin and lure people into believing their lies, creating traffic on their site and get monetized. Yes I agree with you on that, I have said it before that this crypto influencers are just doing

What can we do and how can we tell when a crypto guru is fake and not legitimate?

It is possible by doing research and asking questions to verify if it's true or not. This question may be from fellow

[PhilosopherKing]

Everyone with a smart phone and knowledgeable about social media can simply browse from the comfort of his or her home. The social media space is not everyone and we really need to be prudent in dealings with these crypto influencers because most of them are just here to make sure they reap their benefits and favours been promised by firms and pushing their accounts forward for engagement, they do not care what they they introduce to the public.

These influencers will continue to grow in numbers and the only way to dulge or escape from them is simply staying safe, let's be guided in everything we're doing in this world. These huge figures posted on social media, we should not get carried away because most of them are Ai edited.

I agree. And the funny thing about this man is that some lot will feel very oppressed with how this people dress, talk and flaunt their expensive phone. And after seeing all this thing the person will just be convice totally and just so he can impress other people he will begin asking this naughty influencer on how to start. And the first thing they will tell you is to bring ten thousand naira mtcheww.

 It so funny and also ridiculous how some lots fall for this shit. How can someone who says he is getting millions of dollars from trading a coin now be telling you to pay #10,000 to learn huh? That is shitty and so ridiculous, because what is #10,000 to you that is already a multi millionaire.

This influencers are just after their own they don't like you or love you, so we should always don't give a fuck about what pleasing words they use. If that thing they say sound good to be true then there is no point even researching about it, just get the fuck away from them ASAP.

[Woodie]

Misinformation or social engineering is a powerful tool, especially when your target market are those desperately looking for answer's to better living! Have you ever wondered why some church's are so successful in pulling large crowds,  its because of those fake miracles that convince people that solutions can be found there..same thing with crypto influencers or traders,  they need to look convincing,  look like a million dollars and will go to the lengths of posting fake lifestyles with nice rented cars using rented apartments and all that..Vanity is a currency and we should learn to see through it !!!

[Different patterns]

Few years back it was the most common method they were using to get people, even some social media influencer were into it, they usually come online to ask people to click on their link and and use their promo code and some even claim to have exchange wallet and encouraging the general public to make use of it and the truth is that nobody knows if all this their exchange are truly legit like the main exchanges that existed before then, to me anything that involves putting my money I will not try experimenting any of those trading sites flying online, the funniest part is the fact that I see some celebrities that I trusted advertising a trading sites some belongs to them while most of it the are endorsement.

You are saying the truth. This is one of the reasons why nowadays everyone needs to be smart enough, when come across anything on social media, because people you see on social media, most of them know purposely why their in social media. Social media is also a platform where a lot people making their money with different strategies, so the method of scam each other definitely you must found it on social media, that is why is not every link you see online, it advise to click, or anything you hear from influencer is true, some influencer are doing advert for money that will come to their pocket, or doing something purposely just to grow their page to some level, but the most important is to always make your own research to verify some certain things you see online, before believe if it legit or not.

[Cgrexp]

Few years back it was the most common method they were using to get people, even some social media influencer were into it, they usually come online to ask people to click on their link and and use their promo code and some even claim to have exchange wallet and encouraging the general public to make use of it and the truth is that nobody knows if all this their exchange are truly legit like the main exchanges that existed before then, to me anything that involves putting my money I will not try experimenting any of those trading sites flying online, the funniest part is the fact that I see some celebrities that I trusted advertising a trading sites some belongs to them while most of it the are endorsement.

You are saying the truth. This is one of the reasons why nowadays everyone needs to be smart enough, when come across anything on social media, because people you see on social media, most of them know purposely why their in social media. Social media is also a platform where a lot people making their money with different strategies, so the method of scam each other definitely you must found it on social media, that is why is not every link you see online, it advise to click, or anything you hear from influencer is true, some influencer are doing advert for money that will come to their pocket, or doing something purposely just to grow their page to some level, but the most important is to always make your own research to verify some certain things you see online, before believe if it legit or not.

Nowadays, social media is an easy way to get information. It has also become a place for misinformation, fraud, and the promotion of personal interests. You should not assume that something is true or reliable just by seeing it. Being a little skeptical and prudent beforehand is also part of the caution. This caution is even more important when making decisions about things like investments or Bitcoin. Make decisions based on the truth of the information, not on the words of a person. You should not click on a link given by a stranger. Popularity and credibility cannot be considered the same thing. It is more important to make decisions based on your own financial situation rather than copying the decisions of others. When it comes to investments, you should not make decisions based solely on online advice without considering your own necessary expenses, emergency funds, and future financial responsibilities.

[MisFoxie]

When I first came into crypto I used to think influencers were very knowledgeable and that they knew technical analysis but once I had a small losse I stopped taking their advice. Later I started thinking why would they teach users when they themselves could become millionaires by trading. Crypto is not so easy that influencers like them can crack it so easily.

Those who are experienced will never go anywhere near them but those who are new will be attracted by all their tempting fake offers and they will make them suffer big losses. That's why it is always better to trust your own analysis. Even if you have losses at first you can learn something.