02-01-2023, 05:13 AM
Did people on this subreddit or social media ever influence when and what crypto you
<!-- SC_OFF --><div class="md"><p>A common advice here is to ignore social media shillers, because they try to earn money off of you. In recent times, the phrase "inverse <a href="/r/cryptocurrency">r/cryptocurrency</a>" has also become popular, as people warn fellow subreddit members to not follow or even inverse the advice of this sub.</p> <p>Yet that made me wonder, <strong>did people here buy or sell a crypto because of what was said on this subreddit or social media? And how did it go?</strong> Because it would not surprise me if -especially at the start of our crypto journeys- we are quite susceptible to the opinions of other people. I am very curious of your stories.</p> <p>---</p> <p>My own? </p> <ul> <li><strong>On the sad side</strong>, I expected an alt season around 2021's all time high and reallocated my portfolio to be more risky. One of these alts was Algo, which I think was influenced by this subreddit. That did not end well when the dump came. I had to sell those at a loss.</li> <li><strong>On the bright side</strong>: I follow one account on Twitter that was early on the AI coins hype at the end of 2022. This is one of the few rare accounts that I hold in high regard. I bought two of the lowest market cap AI coins on Binance, which pumped hard. Then I took out my initial investment and now I ride the profits for free to minimize risk.</li> </ul> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Beyonderr"> /u/Beyonderr </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10q3u26/did_people_on_this_subreddit_or_social_media_ever/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10q3u26/did_people_on_this_subreddit_or_social_media_ever/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>A common advice here is to ignore social media shillers, because they try to earn money off of you. In recent times, the phrase "inverse <a href="/r/cryptocurrency">r/cryptocurrency</a>" has also become popular, as people warn fellow subreddit members to not follow or even inverse the advice of this sub.</p> <p>Yet that made me wonder, <strong>did people here buy or sell a crypto because of what was said on this subreddit or social media? And how did it go?</strong> Because it would not surprise me if -especially at the start of our crypto journeys- we are quite susceptible to the opinions of other people. I am very curious of your stories.</p> <p>---</p> <p>My own? </p> <ul> <li><strong>On the sad side</strong>, I expected an alt season around 2021's all time high and reallocated my portfolio to be more risky. One of these alts was Algo, which I think was influenced by this subreddit. That did not end well when the dump came. I had to sell those at a loss.</li> <li><strong>On the bright side</strong>: I follow one account on Twitter that was early on the AI coins hype at the end of 2022. This is one of the few rare accounts that I hold in high regard. I bought two of the lowest market cap AI coins on Binance, which pumped hard. Then I took out my initial investment and now I ride the profits for free to minimize risk.</li> </ul> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Beyonderr"> /u/Beyonderr </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10q3u26/did_people_on_this_subreddit_or_social_media_ever/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10q3u26/did_people_on_this_subreddit_or_social_media_ever/">[comments]</a></span>