Be Wary of Stock Suggestions
Source
Being an Investor in Stocks I have gotten my fair share of Stock Suggestions from a lot of sources whether it is suggestions from a relative or suggestions from some Stock Broker or suggestions from the Internet there is always the chance of BIAS being in play and I have said this in past that no matter how unbiased you are you will never be 100 percent unbiased.
That being said when you listen to Stock recommendations from the Internet and from other News Channels from some SEBI-registered guy and a part of you feels like they are saying the truth but there could be other factors n play that you are not aware of. That is why I always say that Listen to Everything but Do what You feel is best for Yourself as you never know what are the actual terms and conditions of something that you hear.
The reason I say this is because there is something called SPONSORED CONTENT which most Online Content Creators do but what you may not know is that the Advisors that come on Television saying that these STock look good this week may also have been Sponsered to talk good about the Stock. So yeah don't just blindly believe in whatever you hear on the television or anywhere else and always take the news with a Big Grain of SALT.
I would really suggest you do your own research as honestly speaking learning about a single Stock Evry week is something I have been doing for like a Year I have found great Stocks and I have found absolute Shitty Stocks as well. But at the end of the day, I come up on the Positive so I am glad that I research on my own when it comes to Investing in Stocks.
Even on the Hive blockchain. It is often even needed. Without promoting the content, often almost no one see it. This is because people create many posts, and our posts often quickly gets buried under the dozens of other people's posts, and our posts would be overlooked without promotion.
Good advice mate; and the flipside of that is, I'd say never to give out stock recommendations. I feel like it always ties you to that stock. How can you sell out if you're got friends and family invested? I was burnt by that situation years ago - should have sold out for strong profit, but felt obligated to stay in. Lesson learned.
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