How to find Reliable Investment Advice

in #cryptocurrency7 years ago (edited)

Hey all,

I've mentioned before in previous posts that the words Cryptocurrency and Blockchain are both very hot words for discussion as of late. People are being quick to jump on the investment train, either for long term holding or in hopes to make a quick buck. Regardless of which bucket you personally fall in, it is crucial to understand how to find reliable investment advice. Sure you can draw up your own technical analyses and trade based on the charts. Sure you can read whitepapers and understand what the company is doing in the following months, but the truth of the matter is:

1,000 intelligent eyes researching and finding ideal opportunities will always win out against a single pair of eyes. Below I will list just a few ways on how to find the best of the best advice.

  • Look for accounts that do not spam / shill coins. While sometimes this is misinterpreted as them sharing beneficial advice, the majority of Twitter accounts exist to just make money off of your fees / ICO investments with referral rewards.

  • Look for accounts that have a strong following. The more people who follow, the more people who trust what they have to say.

  • Look for accounts that have historic value. Go through old posts and see if their advice historically benefited their followers.

  • Look to see who people you trust are following. Success is definitely not a solo job. Success is easily shared. If you see successful people on let's say Twitter, typically they are following people they trust to give them advice. These are people you should be following as well.

  • Avoid accounts that overuse #hashtags. People who use crazy amounts of hashtags are just trying to build up a following and can be seen as being too spammy. For the most part, these are accounts you should stay away from.

As always, thank you for reading my post! If you enjoyed it, please feel free to upvote and follow me for more posts like this one. Keep crushing it!

Alex

Sort:  

Hola apinvests! Welcome to Steemit from your favourite Astrologer!
You can send gifts like this from my account https://steemit.com/@horoscopos
This is a welcome gift to Steemit! The Steemit Horoscope is elaborated based on the position of the planets and constellations, so that we interpret how your registration in Steemit will affect the areas of Health, Money, Work, Friendship, Love and luck. We hope you enjoy it and that you will tell us if you have been successful in your case or not:)

Dedicated horoscope for you

You're still living a fast pace of life, which isn't bad, if you can enjoy things the way they come.

FriendsFriends:

loveLove: Complicated. It's not good that you stress your partner so much, and above all, that you don't give him or her the space that you need so much so that everyone has their own life.

money*Money:.

healthHealth: Complicated. To live better, you need to take better care of yourself and be more concerned about your health. Eat a healthy diet and exercise more.

LuckyLuck: Complicated. Mars is in harmony with your native Mercury: Many things are happening to you! You'd like to see the whole world, discover how you can access the inaccessible and change everything around you. Watch out, keep your feet on the ground!

WorkWork: Complicated. You have to pay a lot of bills and debts and you work hard at it, but remember that sometimes it's not good to work so hard, because your health suffers and you can get sick more easily.

Coin Marketplace

STEEM 0.24
TRX 0.21
JST 0.036
BTC 98033.04
ETH 3424.27
USDT 1.00
SBD 3.36