Investing on hype..Don't do it
Same way we have the usual social media influencers is the same way we have some crypto influencer..
This crypto influencer can be referred to as some public figure or a person with high social media followers who uses his or her popularity to influence the decisions of investors on a particular coin or particular crypto project or projects..
These crypto influencers are good at hyping coins , crypto projects and so much more..
Many of them tend to promote crypto projects even if the projects are scam or not , many of these influencers get paid for promoting some certain coins or projects and so they just promote the coin out there without doing their own investigations..
Many investors have lost their money to various scam projects after some influencers have hyped the project so much and lure investors into investing into the project..
This is why everh investors should always DYOR, as a serious investor who cares about his or her investments..You should always avoid investing only based on hype..hype will not make you a successful investor...Finding the right projects is what is more important and not the hype surrounding it...
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This reminds me of luna..so many influencers really promoted it ...!hiqvote
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