Investing In Crypto Blindly without Proper Research

Welcome back,
In today's blog I will talk about investing in crypto currencies in the funny way. generally, I invest only after proper research but sometimes I do that talking to friends specially when it comes to meme tokens.

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Jokes apart, when I say talking with friends, I mean to say that counting on what my friend researched on. There was a token XAI on which my friend researched and shared it to me on the call telling me that it has some potential and I believed him as I know him for years now.

XAI came from 0.75 to 1.3 and that was a good gain for me. So, you can trust those friends who have good skills and who are good at researching on new projects and that is only possible with old friends who are there with you as a team.

Now let me suggest you on whether you should blindly follow someone no matter who he or she is to you. So, the answer is No, you should never trust blindly to anyone as that has a fault where you can have a feeling of guilt for not researching.

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That is why even though I personally trust my team on few research but that is because I have analyzed them and I know what their skills are, for a normal person this is something I can't say and so I said that no we should not follow anyone blindly.

Do your own research and make sure that you smile for your research at the end of the day and even if you are not in profit, you will have a feeling of guilt.

Thank you