Don't Follow Blindly
- On Binance Square, many crypto influencers advise buying specific cryptocurrencies, claiming they will rise. However, their motivations may be self-serving. đđŒ
- Influencers may already have significant positions in the recommended cryptocurrency or be partnered with it. Their goal is to boost its value, benefiting themselves. đ°đ„
- Despite this, the community often expresses gratitude for the advice and even tips the influencers. đđž
- The author finds this situation absurd, as the community may end up losing their investments, yet still financially thank the influencers. đ€đĄ
- The author advises against following such influencers, as they believe that in 95% of cases, investors will lose money. đ«đž
- Instead, they encourage supporting individuals who provide genuine education, as they are more likely to help investors profit. đđĄ
It's important to critically evaluate advice and consider the motivations behind it in the crypto space.
