The crypto gurus on Twitter are capable of moving the market either leading to a pump or a dump of a coin and lately it seems like many newcomers start to trust some of them 100% on their investment decisions. I mean yes, one got to admit that they´ve been right on some coins seeing huge price increases but honestly we are in a bull market after all...
Therefore I´m raising the question towards all of you, whether we can really trust those social media gurus? In my opinion the answer is no as, like mentioned, we are in a bull market so that simply almost everything increases in value sooner or later.
I think it´s definitely going to be interesting whenever we enter a bear market for some time as that´s the time the real gurus can be identified while all others will either become very silent or just make false predictions all over the place.
What´s your opinion on this?
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I totally agree with you. One lady declared litecoin as THE coin to invest and now it is stagnant.
No one ever knows how the markets move! Those claiming to know it are simply lying.