Picture this: You're scrolling through your social media feed, and suddenly, you come across a barrage of posts from your favorite influencers hyping up the latest "next big thing" in the crypto world. The coin they're raving about has already skyrocketed in value, and you can't help but wonder, "Where were they when this coin was just a lowly altcoin?"
⭐ Why do they do that?
Well, the reasons are different, but I divided them into three categories:
Creating hype, because they invested in some coin (especially bigger influencers)
The desire to develop a channel by following current crypto topics (not caring about followers)
Simple stupidity and doing what everyone else is doing
It's a tale as old as time in the crypto community: influencers jumping on the bandwagon only after a coin has reached stratospheric heights. But hey, who can blame them? After all, why talk about a project when it's still flying under the radar, right? It's much more exciting to jump in when the hype train is already in full swing.
Herein lies the absurdity of our digital age. Influencers, with their large followings and sway, often join the bandwagon only when a cryptocurrency has already gained significant value. Yet, the real opportunity for investors is not when a crypto coin is already in the limelight, being touted by popular figures, but rather when it's still an under-the-radar project. True experts and those in the know would have recognized the potential early on and discussed it openly, allowing their followers the chance to invest before the rush. But this seldom happens, leaving many to question: 'Are these influencers truly as knowledgeable as they portray themselves, or are they simply riding the wave of each new 'next big thing'?'
⭐ But here's the kicker - the real crypto experts?
They were talking about that project long before it became the talk of the town. They were diving deep into the whitepapers, analyzing the team behind the project, and sniffing out potential gems before they hit the mainstream. While everyone else was busy chasing the latest pump-and-dump scheme, these savvy investors were quietly accumulating wealth by investing in promising projects early on.
So, the next time you see your favorite influencer hyping up the latest hot coin, take a moment to reflect on where the real money is made.
⭐ All in all
The real money in crypto is not made by following the crowd, but by leading it. It's about finding those hidden gems before they become mainstream and investing while they're still affordable. Don't be swayed by influencers who only talk about a project once it has gained significant value. Instead, listen to experts who dive into the intricacies of a project and understand its potential long before it hits the headlines.
Be the trendsetter, not the follower, in this crypto revolution, and you'll be in a position to make significant gains, rather than just catching the tail end of the hype.
Strive to be a visionary in the crypto space, seeking out potential before it becomes popular, and you'll find yourself ahead of the curve, reaping the rewards that many only dream of.
Thanks for reading!
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Jenny ⭐
Join @cryptojenny on Farcaster
Join @cryptojenny on Farcaster
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