Ladybugs and Financial Gurus
Someone tweeted to me today to buy a certain Altcoin that he believes will make it big.
That piqued my interest, I wanted to know more about this financial Guru giving me free advice.
So I clicked on twitter handle to peek at his profile and tweets. This was his last tweet:
"Bailed on some alts in anticipation of $BTC move."
DYOR: Do your own research.
So what happens when you follow advice from a financial guru?
Private Advice
Public Advice
End Result
Great photos buy the way. The point is when people are advising you to buy something there are 5 common (possible) reasons
They have cognitive dissonance over their own purchase and want to use your buying to help reinforce the view that they made a good decision.
They want you to buy into their sells so they can get out at a profit.
They are trying to create a pump and are using you as one of their vehicles to help orchestrate it.
A combination of 2 and 3 where you are used to keep a pump going long enough to allow the advisor to exit - this is what most twitter gurus seem to do.
They genuinely think it is a sound investment that you can't possibly fail to make money on. Note if they are in the crypto-world they should know that this is BS in which case they are lying to you and if they don't they are too stupid for you to take financial advice from.
Someone who is a really good trader is not going to go round telling other people what to buy- there is no reason to do that, if anything it might actually mean that they reduce their own profits by doing this.
Excellent reasoning my friend. Well done.
Thanks it is just based on my observations over the last few years!
This needs to be front page of the wall street journal. Keep up the great work
hahaha ! Great photos fitting your story. Don't we all know those ones ....
@joseph is true it is a risk in this altcoins.
PS: Its some serious action there between lady bugs!
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https://steemit.com/glass/@cryptocameo/steemit-glass-giveaway-2
Very effective way to spread the message. Well played.
I totally missed this in bio class. The ladybug mating call is exclusively made through altcoin acquisitions. I'm making waves of ladybugs as I buy up as many Kanye coins as the market provides. I mean Trump, Hillary or Yeezy? I want a president with fashion that looks like moths ate his clothes and a first lady with a selfie game so........ That's all. "Make ladybugs," ladies and gentlemen. "MAKE LADYBUGS!"
awesome photos of ladybugs :)
(╭ರ_•́) This information appears to be correct in a political way.