Bitcoin Forum

Hello,

I would be interested to know which cryptoyoutuber is honest:

Which crypto youtuber called the top at 69k and also said on his channel that he is now selling his bitcoin position?



Most crypto Youtuber were hopium dealers after all and not really honest. They used us to pump their bags and secretly sold Bitcoin at 60-69k without us telling it.

I know the "Blockchain Backer" called the top and said on his channel that he is now selling bitcoin at 65k.

What other crypto Youtuber has done that too?

I'm not sure who's who on the Youtube as far as bitcoin goes, so for me, it doesn't matter who sells at the top, secretly or saying it on their channel. Besides, just like you and me, this so called influencers and "experts" are just like you and me, making wild and educated guess and if they hit it, then good for not.

Just remember PlanB's $100k++ prediction at the end of last year, everything was perfect until it failed in December. Do you think he sold his stash or not? nobody knows and doesn't matter to us. We all have our own plan and strategy to sell, in my opinion.

Today Bitcoins is up by 7.8% which means that people who might have been waiting for a great time to sell are holding onto their high hopes, I do think that knowing about the Youtubers won't help you since you cannot hold them accountable for anything, you cannot even talk to them regarding it, all you can do is comment and spread their word and some weak minded people might get influenced as well, i do think that it's not needed to understand who is doing that because at the end it's your decision to hold and sell and the more you get influenced by other people the worse it might be therefore invest and hope for the best, September is always the season for boon for Bitcoins.

None of them AFAIK, apart from Blockchain Backer, of whom I had never heard.

I don't think many people were expecting the price to behave like this. We had all taken it for granted that this cycle was going to be a repeat of the previous ones and that, therefore, the price was going to go much higher than $70,000.

The youtubers also make more money in bull markets than in bear markets and I think that a mixture of desire and reality prevented them, if there was anyone who smelled what was coming, from making a downward prediction and unwinding positions.

Plus imagine if a famous youtuber had made such a prediction and announced he was selling, and he was wrong, that the price had gone to $200,000 or thereabouts. He would have made a fool of himself.

They won't gonna tell you because when they do, no one will gonna believe them anymore and surely they will lose a huge number of subscribers if they see loopholes in what seems to be a strong argument that the YouTuber saying that he is holding his BTC for long terms and the fans will witness he is selling it for the current high price. You don't trust these guys same for those who promote shitcoins because they are investors themselves and it is just commonsense that they will talk good about the coins they are currently holding. In other words, they are just simply sales talking and you on the other hand will be lured if you believe his rubbish.

I think you should take whatever crypto YouTubers say with a huge grain of salt. There are some good guys (like Andreas Antonopoulos) who are talking about Bitcoin and/or blockchain purely for educational purposes, so they try to rely on facts and provide analysis based on their knowledge. Normally, that doesn't involve predicting the prices or giving financial advice. As for those reviewing various cryptos, keep in mind they're very likely to get paid for promoting the projects they review. And regarding the price of Bitcoin and predicting it, there's no science behind these actions, so even a decent person (the one who doesn't lie on purpose) can make mistakes.

They’re all full of shit, I’ve found far more reliable, more knowledgable people on this forum than any kind of social media outlet. I can’t give names but a few of the guys on here are really good at TA & price predictions.

I'd be careful about trying to find this. I made a post after the first peak saying it was a profitible strategy to sell new aths (admittedly I didn't really do it myself - just opened a few low risk-lev shorts when the trend started to change after an ath - because I don't know when to buy back).

those who are in the name of professional crypto youtubers are just influencers who influence people for their own benefit. The more followers, the easier it will be. Sometimes they also promote certain coins to keep in the pump.
I have more faith in the people on the forums and on twitter, there are some professionals with TAs and FAs who explain how bitcoin is doing, not just bullshit.

you should stay far away from those who claim they were right about a random prediction like the "top" because such people are scammers who have no understanding of the market. their success was out of pure luck and their claims about being "correct" is purely to gain more followers whom they can scam.

your advertisement of a youtuber is also shady!

I do not follow any Youtuber who is more into predicting prices rather than being realistic, so I wouldn't mind who. Back then, I didn't have any Bitcoin as I only have ETH and some notable crypto assets before my wallets got hacked. So whatever happens to Bitcoin, I do not take advice from those influencers and gurus who are just hyping and predicting about the price of Bitcoin or altcoins without any promises or guarantees at all.

Take everything with a grain of salt if you see this so called crypto Youtuber. And I guess everyone should make their analyst on when to sell and when to buy.

And for sure, if you have a poll here, many community members doesn't follow these Youtuber because you really don't where their advise is coming from, maybe they do good TA, but still it doesn't mean they should be trusted or whatnot. And remember that they are also making money from Youtube, so they may say whatever their viewers wanted to hear.

It's a matter of fact that anyone making predictions is doing just that, making predictions based on things they've perceived as correlations, and weighing in the current climate of the economy, and basing a prediction off of that. Basically, it's pure speculation, and anyone claiming to have got it right once, has probably predicted it a million times before that. There's a common saying of throwing enough shit on the wall before some of it sticks, and that rings true here.

The thing is no one remembers the person who predicted wrong, but everyone remembers when someone gets it right. That's the nature of the business, and any speculators should be taken with a pinch of salt. Ultimately, they're just like you, and I. I actually believe Bitcoin is more unpredictable than other investments out there.

Not that fan on following or watching youtubers who do involved about crypto price predictions and telling something on what they do or what people should do but its not bad to look at on what analysis they had
made for them to say that they are presuming that it was on the top.It was indeed a right call i would say even myself wasnt expecting that it was the peak point and now the market did make out a nasty correction
which we do dip back on 20k below.Skill or just coincidence? With this unpredictable market then i could say both because people could make use of indicators which they can really foreseen if this market is already
overbought basing with indicators and tools which they could presume that it was already the peak and made out decisions for them to sell which it is a nice call that had been made of.

Although I agree you were right about the part that most of them are just lucky enough to make some profit but I don't agree the part where most of them are scammers/correct about hitting the correct price since no one knows about the exact price and I don't think being a youtuber will have to do with scamming people if they are legit youtubers except with those who are part of the group signal where they play the market with their followers/members just to gain/take advantage.

Most of them especially the one that OP mentioned are just predicting the market, pure speculation.
I'm just glad that there are some YouTubers who are not giving hopium to others or hyping up most of the newbies.
Overall, as what other said, I don't trust cryptocurrency influencers especially on Youtube.

It's funny how YouTube went from "it's going to $10k, sell everything" to "buy now" in one day.

Tbf, I don't think many youtubers were saying to sell everything at $20K. Most of them told everyone to hodl from $69K down to $20K. It's true most thought price was going to $10K, $12K or $14K, because they didn't see resistance levels being broken. So in defence of the overly bearish sentiment of crypto twitter or crypto youtubers, at least they can change their analysis when price changes and does the opposite of what they thought. The fact that most didn't think the bottom was in around $17.6K is personally what gave me hope, knowing that most of these influences get it wrong.

As per my "usual" sense, I feel like that OP is trying to promote their own youtube channel. Yeah, if they might have shared the exact link of that video with minutes and seconds where that youtuber predicted the top of bitcoin market's peak levels of current cycle then I might have approach to this topic. These days all social media infulencers are innovating new clickbait tricks for getting views and likes and this could be one of them.

I am sure more than 50% of readers of this topic might go searching of the mentioned youtuber and their channel. (Moreover, I am not sure about available data on tracking publishing date of a video and editing details on the content of a published video).

Just calling a top without any supporting analysis is mere fluke. I do follow many analysts who are stronger with their technical parts still they manage only 80% accuracy. Yeah, FOMO and FUDs do not follow any TA or FA hence calling a top or bottom all the times is not possible for anyone.

Richard Heart, but he did not say he would be selling. He just said that was the top, and that the price would fall from there.
However, he did not predict the double top. I saw no youtuber predicting it.

Change of hearts and mind in an instant and that isnt something shocking yet these people would just simply dive in and make out recommendations on point on whatever they are seeing on the market
condition.Its totally nonsense on following someone on making your investment decision whether you should sold or hold because these decisions would be entirely be depending on you and you cant just
let yourself follow on what others been suggesting even on a popular Youtube vlogger wont really be that good if you do make yourself follow blindly.
If you do make or snip out some ideas then it wont really be bad but totally relying? then its an another story.

Indeed no youtuber is able to predict the future movement of bitcoin prices.
Even though they can guess but still they can't guess the price even though they are a big youtuber.
They can only make videos like examples of past years, but for the future they are the same as us.

I am too lazy to search but if you search for topic created by my nickname and you see that I called the top within a month or so. It went higher when I created the topic but it peaked shortly after.

Why? Because too many people were trading crypto in public in my area. Everywhere you went. People had their iPhones out and on TradingView or Binance and trading crypto. That’s how I knew it was the top.

Also that Jason Bourne commercial for crypto.com was icing on the cake.

Such a thing cannot be said to help you to differentiate which Youtuber is honest or not, calling the top is something almost impossible to do and the few which do so cannot be said to have a hidden skill that other people do not have, they just got lucky and nothing more, so I will suggest that you reconsider the standard that you want to use otherwise you are going to end up following the advice of someone that does not have what it is necessary to be profitable in the market.

What will be the good thing that will bring you of having this answer? because Youtubers are constantly creating videos just to earn support and views and caring nothing about reality , so if you are asking about whom are the HONEST? the answer is clear , NONE OF Them are honest because they are all for money and not for you or even for me.

You mean, which crypto influencer has put out many, many calls, deleted those that failed spectacularly, amd cherry picked the ones that somehow made it right and then made a big deal out of it?

Don't all of them do it at some point? Cause that's what I'd do if I were an influencer and getting it right one out of many times is important to me. ;)

They can say that they are now selling at 65k but the truth is they are not really selling and even if they show some proof, there's still a possibility that it was fake or they only grab the receipts online. It's not your business anymore if they will sell or not and even if many of those youtubers sell their coins, what will you do? Sue them? Keep in mind that many of us here who buys and hodl a btc do also wants to sell for a profit.

If I will ask you, whenever you sell your btc, do you also let others know about it? I guess no because that's a hassle already and we want to make sure that we are going to be the first to sell before everyone does as that can make the price collapse.

Just because they got it right once doesn't mean that they would be right at all times. During the 2008 bubble there were plenty of people who knew that there would be a crash and they wagered against the housing bubble and they made a ton of money.

Most of those people didn't ever came up with that kind of profit ever again, some even lost all the profit they ever made. This is why I believe that we shouldn't be really shocked that some youtubers would know about this one, it could happen and that is normal. What we should realize however is the fact that it would take a while before we could see it happen again, they need to repeat that first.

Cryptoverse: https://youtu.be/5WEdROxGDO8 (link to his Channel)

He declared $60K as top and said that I am going to sell my holding here. Although the price later went to $69k but kept saying " I don't know what's going on but clearly we are not going to to touch $100k in year ( in 2021 when everyone was expecting $100k)

Another quality of him is that it he never promoted any shitcoin through his videos or tweets

Could you share that video where he said 65k is top?

While you are right things are even worse than that, an influencer could actually keep all his bad calls up and yet people will only concentrate on the right calls they made anyway, and despite the huge amount of evidence which shows the influencer does not have any kind of superior trading skill many people will believe they do, this is similar to what happens to magicians which explain very clearly that what they are doing are nothing more but tricks and yet a few people are convinced they performed real magic.

these youtube guys are more interested in having more followers and having more views to make more money that's why they will always be somehow dishonest indirectly because they will be saying very optimistic things out of reality, of course it's up to each person to always do more research on their own and not listen to just one person or youtube channel


I just saw many youtube channels talking about unrealistic prices like 500.000$ until 2025 and another 1 million and now that the price has dropped they still have the old phrase: "make hodl, make hodl"


 :o

I didn't know that, maybe it's some youtuber that do this? but I doubt they are the majority

Since they have income already with their YouTube, they are probably only thinking about themselves. But those who are honest with their income and cryptocurrency holdings are the ones to be trusted. I know one, but he is not only with cryptocurrencies but also with other types of investments. Maybe you'd like him.

https://www.youtube.com/c/AndreiJikh/videos

"Honest" a big word lol.

Youtuber is not here to tell you what is true or what is real , they are here because they wanted to earn popularity and followers/viewers .

so what does that mean?

they will do everything just for you to believe in them and that is far from reality of life so never ask for whom we trust but instead whom we watch .

But, there must be an honest youtuber because they know that they can earn more subscribers and viewers if they are true to themselves rather than if they will lie. Those who lie and misleads can still a get a viewer or maybe subscribers but that will only be temporary as their viewers will find out the truth soon.

There are youtubers like that, where they can do anything what you want but they are only doing it for a challenge or they are being challenge by their viewers. That is a legal way to get subs and views. Some of us not only watch a video but we also trust the youtuber behind it. This is what the op wants to know. There is nothing wrong with that.

These YouTubers are making money for videos and chasing clout. I don't follow any of them anymore and I just watch some random stuff related to crypto if they appear on my profile.

Whatever they say could be sugar coated.

That's why if you're too interested in all of them and those that have actual analysis, just get those with real information or always validate what they say and don't make them do the decision for your positions.

When we were at $64K many people including myself assumed it was the top. But when we broke $64K and hit $69K it didn’t seem like the top.

Most knew the top would be somewhere close but not at $69K. I even assumed it would be at $75K but definitely not $100K. Hence why there aren’t too many that predicted the top correctly.

If we look at any advertising campaign we see that they have the tendency to be over the top in order to grab the attention of the public and gain clients this way instead of being more moderate and talk about the actual benefits the product they have can offer, and we see the same with influences, the ones that offer the facts and more moderate predictions about the market are dwarfed in terms of popularity by those which predict bitcoin will be worth a million dollars in just a few years, so the reality on the ground shows that people prefer influencers that feed their fantasies over those which offers them the truth.

I don't know which Youtuber is honest in sharing his knowledge with the people watching on his channel. Maybe someone is honest in providing information but there is something he wants and I think it's only natural for him to act like that. Also, maybe they sold bitcoins at $69k ago and now they have taken the opportunity to buy bitcoins for under $20k. I also don't watch Youtubers too often who give their opinions regarding the state and situation in the market.

Could you please share the video where he said that he sold at 60k? I dont believe he did that, because i read this from him:
https://dailyhodl.com/2021/11/15/did-bitcoin-just-print-a-massive-bearish-pattern-crypto-analyst-benjamin-cowen-maps-next-step-for-btc/

Benjamin Cowen always said that we are in a lengthening cycle which wasnt true at all. He also seems to change opinion very often, one time he said that Bitcoin will never go below 45k again (look what happened). He seems like a typical hopium dealer and dumps his bitcoin on his followers, he doesnt care about them.


Here is the video from Blockchainbacker, that he is selling (when BTC was at 66k), he seems like a honest dude (watch from 06:00): https://www.youtube.com/watch?v=g5rfLr1yWMU&t=1356s

What is clear is that a youtuber cannot make a video about how the market conditions will be in the future except only for market conditions that have occurred and can be watched by everyone. So there's nothing to rely on from a youtuber because if it's just a guess, I think everyone can guess it with a sound mind even though in the end it will be wrong.

No crypto youtuber is honest and no one or most of them are also not dis-honest. You need to understand that no youtuber or analyst can perfectly predict the bitcoin top or bottom.

Most of the youtubers just give their sentiments that price may pump from this level and/or dump from this level. If you analyze deeply you will find no youtuber is ever wrong because they usually say that market can go up as well as down  :D