I think we all know who we are talking about here. And it is indeed somewhat like the blind leading the blind, this is VERY similar to what John MacAfee is doing right now as well. He knows he has a community backing, and lets just say that we have 8000 followers, all with $5000 ready at the helm. thats $4 Million Dollars ready to go at a moments notice. That can do some serious movement to a low volume coin.
While we can't say that anyone is doing this on purpose, we can say that the result of someone with a large following hinting at the next explosion, is surely something that can be done inadvertently, but you'd be a fool to not realize that you are doing it. This is exactly what people like Tim Sykes does. He looks at all the mailing lists and see whats being spoken about. Which ever stock is getting the most hype, he is in and out like a ghost with a bigger bank account.
Im not saying that its wrong, but I'm definitely saying it isn't the most honest way to make money.
Its part of the game...
Specially with a no regulations market like cryptos.
But If you stop tho understand How things work, you May get a good profit.
Crypto is a profit making machine! The problem is pulling out your cash because this market keeps mysteriously growing.