How to Not Be a Crypto Bagholder: Advice on Avoiding Shills

Don't listen to crypto shills

The crypto world is full of people who will try to tell you what to invest in. They'll shill their favorite coins, post idiotic charts, and promise you lambos. But before you listen to them, remember one thing: they don't have a magic crystal ball.

The truth is, no one knows for sure what the future of crypto holds. Anyone who tells you otherwise is either trying to sell you something or they're delusional.

So, what should you do? Here are a few tips:

• Do your own research. Don't just blindly follow what someone else tells you. Read whitepapers, research the team, and look at the community.
• Be skeptical. If something sounds too good to be true, it probably is. Don't be afraid to question people's motives.
• Remember that crypto is a risky investment. Only invest what you can afford to lose.

Here are some additional points to consider:

• Shills are often biased. They may have a vested interest in the coin they're promoting, so they're not likely to give you an objective opinion.
• Charts can be misleading. It's easy to make a chart look bullish or bearish, but that doesn't mean it's an accurate representation of the future.
• Past performance is not indicative of future results. Just because a coin has gone up in the past doesn't mean it will continue to go up in the future.

The crypto world is a wild place, but it's also an exciting one. There's a lot of potential for profit, but there's also a lot of risk. So, before you invest, make sure you do your own research and don't listen to the shills.

Here are some resources to help you get started:

• CoinMarketCap: https://coinmarketcap.com/
• Coindesk: https://www.coindesk.com/
• Binance Academy: https://academy.binance.com/

Remember, only invest what you can afford to lose.