Who can you trust for Crypto Advice?

in teamaustralia •  7 years ago 

For those new to the world of Crypto and wanting to invest in different coins, it is possibly wise to jump onto a bunch of websites and youtube to have a look at what some of the "Big Players" have to say about everything.

So I did a list up for those of you who want to know who the best people are to take advice from and that are true Crypto Market experts.

There are a whole bunch of people I could recommend, there's Michael Suppoman, Boxmining, John McAfee, Nuggets News, Trevon James (nah kidding, no one should ever trust that jerk).

But who would I suggest the the BEST person in Crypto to trust and take advice from?

Thats right, don't trust anyone, there is no such thing as a Crypto Expert. If anyone tells you that they know whats going to happen, or when things are going to change and guarantee anything then my advice is to switch it off, and run away.

Every person that says they know something generally has a hidden agenda, and at best is doing nothing more than offering semi-educated opinions.

Now in saying that, some of these guys can be good to watch as they can open you up to new projects that you hadn't heard of previously. But from that point on, its up to you to do your own research and learn everything that there is to know about that project before putting in your own cash.

So be careful out there, and DO YOUR OWN RESEARCH before you plunge balls deep into any project, and never invest more than you are 100% prepared to loose.

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Yes, it is very important to do your own homework. At the end of the day, regardless of the outcome, at least you will have known that you were prepared and done your best. I strongly believe that most of our failures are due from lack of following through our instincts and strategies.

Everybody should aspire to be the Tom Cruise of investing/trading. That is to say, you should do your own stunts (trades/investments).

Agree, due diligence is needed in this market. There are too many promoters with misaligned interests which newbies are drawn to on platforms like youtube.

@gohba.handcrafts I completely agree with you

People promote whichever coins they are invested in or if you are John McAfee you get paid for saying good things about a coins

HARSH but its the FACT !!

@gohba.handcrafts crypto is unpredictable. No one can 100% predict the price of the coins. Also many fake people make fake commitments about the price. So we cant trust anyone for crypto advice. If someone is advising about the knowledge, we can still listen to him/her as we don't need to pay anything.

Totally agree that there is nothing better than discovering for yourself by doing homework on the potential best assets available. However, there are a number of great places to go for honest and unbiased news and opinions here on Steemit and other places on the web. In addition, one of the best out there is Jameson Lopp who is great at explaining the technology behind most of these cryptocurrencies.

Do your own research and don't blame someone for wrong advice cuz they are just sharing their opinions

Follow where the money goes, but if you're too late you're gonna get burnt. Research is very important.

Good read, nice stuff gohba!

but if you're too late you're gonna get burnt. Research is very important

Learn to do it for yourself, wrong decision one can only blame ones self, good information share @gohba.handcrafts

Visiting from #qurator