Are you person who follows stock market influencers in Instagram? Even if not, read ahead !
After apps like Upstock, Zerodha, Groww, made investing in Stock markets easy, these influencers have been getting huge number of followers. They can easily make you influenced towards a particular company, and most of us won't be spending time to understand the jargons used in stock markets, tends to follow what these influncers say. Always understand, there will be paid promotions of a company whenever they go into IPO or increase the market cap. So they will be promoting to subscribe to one such IPO or to one companies Shares etc.
I urge everyone who makes investments based upon such advices to be caution, it's like casino games, you earn now, might loose big later.
Stock markets are always subject to market risks and before investing in any stocks, a thorough analysis has to be made by reading articles from various sources.
The biggest example is Paytm IPO , the noises these influencer pages made before the listing was so huge, that the ipo got over subscribed, but when it went on listing at discount and later had a fall on the first, the same pages started calling it failed listing !
So never blindly believe these pages. Be careful with making investments of your hard-earned money ! Always remember to grow a tree than to be settled with a bush, because you need shelter for future.
