You are viewing a single comment's thread from:

RE: ADSactly on ADSACTLY - Part #40 - Cryptocurrency Trading General Advice

in #adsactly7 years ago

This is very useful information. There are way too many people jumping into the crypto market because they hear about this boom and the gazillion dollar bitcoin but they actually have no clue about what they are investing in. There are way to many new people and even some old in the crypto market that are running around and blindly investing in something they heard about on YouTube. What blows me away is the sheer number of analysts there are on YouTube. All it takes is the ability to make a video and upload it and voila... you can share your analysis with the world. Problem is, there are a lot of new people taking that advice as the holy grail of crypto information. Even though you tell people to do their own research they take what you and many others say and invest without a thought. Knowledge first people!!! If you think you are going to make a quick buck here you are screwed... Inform yourself and then get invested. Just in the past two days I have listened to two different YouTube analyst talk about how we are on a moon shot to a $1 trillion market cap.. WOW!!! As much as that would be amazing, it would be deadly to the long term health of the market. We just saw what happens when the market boom too fast. It’s very difficult to sustain that rapid growth over time. Slow and steady gains!! Be smart people. Get educated and KNOW what you are investing in and you will rejoice with us all at the top of the mountain!!!

Sort:  

How can we encourage more people to join Steemit and the crypto world, especially females?

Coin Marketplace

STEEM 0.23
TRX 0.28
JST 0.042
BTC 104956.85
ETH 3880.98
SBD 3.32