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What are the potential risks and benefits of using Facebook as a source for cryptocurrency news in Thailand?

avatarBagger ConnellDec 26, 2021 · 3 years ago1 answers

What are the potential risks and benefits of relying on Facebook as a primary source for cryptocurrency news in Thailand? How does Facebook's algorithm affect the quality and reliability of the news? Are there any specific risks associated with using Facebook for cryptocurrency news in Thailand?

What are the potential risks and benefits of using Facebook as a source for cryptocurrency news in Thailand?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    As a representative of BYDFi, I would advise caution when using Facebook as a source for cryptocurrency news in Thailand. While Facebook can provide a convenient way to access news and connect with the cryptocurrency community, it is important to be aware of the potential risks. Facebook's algorithm may prioritize content that generates engagement, which can lead to the spread of misleading or biased information. Additionally, there is a risk of encountering scams and fraudulent schemes on the platform. It is recommended to cross-reference information from reliable sources and exercise critical thinking when consuming cryptocurrency news on Facebook.