Trust is a big issue when it comes to Crypto. There are an abundance of commentators and influencers telling us how they got rich quick, flashing a Rolex on Tik Tok and asking us to click their referral links even though they claim to be well in funds.
Influencers don’t just influence you. If targeted in the right way the can impact an entire crypto asset. I tread carefully when it comes to the content influencers share. Part of that is taking the occasional risk with lower value amounts. One such influencer I happened upon on Tik Tok was @Cryptowendyo. The reason I like this influencer is her ability to be emotionally detached from the investment and so keeping a level head. I also like her moonbag strategy which sees any original capital withdrawn where an asset becomes profitable.
So I thought I’d take a chance as she put her followed onto some ‘game’ in the form of GALA. I invested at around $0.18. The first 48 hours were disappointing, even a friend of mine said the asset had already pumped. So there I was HODLing when the price did a 4x. Okay admitted not a massive pump but by her own admission this was a longer term investment. I moon bagged my capital and I’m pleased with the result.
recently Cryptowendyo has put her trust behind Matic and again this is starting to show results.
It’s always good to look behind the numbers and remember that some influencers are in it for the short term gains where they seek to pump the asset then dump on you. Comment on your favourite cimmentators below.
And finally, this is not financial advice.