šØ Beware of Influencer AdvicešØ
I've observed that many influencers are telling their followers, "Don't sell; it's just a dip. Selling now means you're weak." They are facing substantial losses and are using their influence to encourage buying. They recommended buying Bitcoin at $72,000, then $70,000, then $68,000, and now it's down to $58,000. Consider how often this pattern repeats. These influencers donāt control the market and arenāt market makers.
Instead of relying on popular social accounts, I suggest doing your own research (DYOR) and crafting your own strategy. Many of these influencers bought in before the major uptrend, so they remain profitable despite significant downturns. Always plan your entry and exit points ahead of time and avoid falling into the fear of missing out (FOMO) that others might be experiencing.
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