Bitcoin Forum

Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!

There is a person on the forum who is good enough to do some analysis, which he shares here for free. Therefore, after years of tracking the price of Bitcoin, I can say that it is possible to predict with a good degree of accuracy a certain price range for Bitcoin based on a time interval from two weeks to several months, based on current variables.
The difficulty of forecasting increases if the variables become numerous and the time frame decreases, and therefore it is difficult to accurately predict the price of Bitcoin over the course of a week, especially if there are a lot of variables, but this does not mean that learning technical analysis is useful for those who want to trade, and for whom it is more important to learn and not blindly imitate these channels.

Predicting the future with triangles and rectangles on a chart? That's like trying to forecast the weather by watching cloud shapes—it's laughable. These so-called technical analysts act like they've cracked the code to fortune-telling, but in reality, they're just doodling. And don't even get me started on institutions; they feast on retail traders' stop losses like vultures on a carcass. You take a position, set a stop loss, thinking you're safe because of your fancy support lines. But no, institutions see it as an all-you-can-eat buffet, spiking prices just to clean you out, and then conveniently start taking profits. It's a game where the house always wins, and your precious triangles and rectangles won't save you from getting played like a fiddle.

What amuses me the most is that there are thousands of such YouTube specialists and everyone posts predictions every day. From a mathematical point of view, there is no chance that none of them will hit the bottom of the bear market and when it happens, he suddenly become an idol because he is "the one who predicted the bottom" of bitcoin.

Do not compare traders and big investors as you are comparing gamblers and the house. Trading is trading. Gambling is gambling. Both of them are different.

Hugeblack has said this already, that the lower the time of your indicators, the lower the chance of accuracy. I can understand you too, even with the indicators, trading is very risky. Without the right strategies, indicators will fail in short term trading like scalping and day trading.

You can do better than them if you are willing to make videos and upload them to YouTube. I don't know whether it is permissible if you take material for the content you create from posts related to analysis written by some of the best posters on this forum.

Youtubers who review technical analysis don't care about the content being explained. They just want lots of video viewers with their own unique qualities because what video viewers are looking for in each type of content is different.
Many YouTube videos that contain content about technical analysis are like watching comedy.

That is the importance of filtering everything that will be learned and seen by others. Not everything must be swallowed raw. So based on what I know you only take lessons and do not need to follow their invitation to drop money into Bitcoin as they estimate. So that doesn't make it as if you will look annoyed. The analysis has their respective ways to read price movements with different techniques both precisely and not will be a lesson and satisfaction for you. All you need to do is learn it first and implement it directly, because even if there are predictive errors you will not blame others. Because of the decision to place a buy and resell position to you.

They have their own basic thoughts and have also experienced bad and good things in the past so they can easily draw lines on the price chart like their own thoughts. However, one thing that is very certain is that all humans cannot predict the future accurately even though everyone may have made price predictions for the future. So you also don't need to believe what everyone says if you still have doubts about their words, because you also have the time and ability to do your own research on whatever you are currently studying.

If someone tells you that he can predict the price of 100 %, he is a liar, but this does not prevent that you can get good accuracy between 50 % to 70 % most of the time if you follow simple rules for technical analysis while taking into account variables such as trading volumes, news and economic variables Even here we can say that the price will be in a range and not at a specific price. It is not a random function and even this function, and if we do not know its work mechanism, we can predict the results that come from it, especially as we are talking about a transparent market and it is possible to track the large price changes with a significant market capacity that makes trading in millions of dollars not affecting the price.

In short, Long Term can be predicted by giving how the price will be inside and an acceptable accuracy between 50 % to 70 %
It is impossible to predict a specific price for bitcoin in a period of time on the day to 3 days.

You don't have to put a lot of trust in youtube analysts. If a person is good at trading, why should he waste his time recording videos? He will simply not have time for it. Analysts don't make money by trading anymore - they sell courses, recruit referrals, advertise any strange projects, and make money on views. Their predictions are usually worthless

Not all these technical analysis people are trying to predict the future; they're just trying to look at the odds of which is a few percentage points likely to happen more.

While most TA people are trash(and sometimes unethical), not all of them are.

Well aside from the content they are giving or free trading tips, of course they are gonna get something in return like views and subscription from users. Well not all youtubers are smug and only using people some are actually helping others with their strategy. However since some are takign advantage of this, they only focus on the content whether sometimes its not helpful to others. Much bettet to learn trading on your own to make up for it.

Honestly, most traders in YouTube are not real traders. They just do it to benefit from their viewers. I'm sure that most of them are the one who learn strategies from their mentors but they can't profit in trading. That's why we should be aware of this kind of people because all they want to do is to make money from you. They're just doing trades for contents. However, there are still good and profitable trader out there, who didn't take advantage a situation. They are taking care of their viewers and subscriber. That kind of youtuber we should looking. DYOR

Most of them are garbage i agree. They do it for fame and money. All of them are not bad and even some are quite resourceful. I know some youtuber who are not only analysis the chat but also do presentation of fact. These youtubers are highly resourceful. Sometimes they failed to predict the market behavior's accurately but their presentation of analysis and fact is enough to convince you they are right.

They make more sense than you. 
So, now what about your plans to get involved in futures trading? How would you go without technical analysis?
And before that you said:

I think you should find a good place to bet, where it still gives you a chance to win.

They are youtubers as you said, so their main source of income is youtube only. They just picked the crypto trading niche for views. They just gather some basic knowledge and present it to the audience in a manipulative way. They don’t do serious trading and for them trading is like a video setup. So yes it’s wise to use their calls while trading. No I am not like them. When it’s my money at stake, I like to do the analysis and research of my own. Everyone should do this.

There are many You Tubers who have great experience and observation in crypto currency. I would never compare his technical analysis to a comedy show, because I have been watching some You Tuber's videos continuously for a long time and their technical analysis is usually correct. Crypto currency market is a volatile market, nothing can be guaranteed 100 percent here. Future predictions in the crypto currency market are made from lines. You do not have experience in the crypto currency market, because if you see the complete chart of the history of the crypto currency market, then you will understand the lines of the crypto currency market.


They have different timing chart candles and each timing candle has to be seen from different angles. Estimates and analyzes are made by looking at their support and resistance. You Tubers are not doing anything new on their part, but they try to explain to us all by looking at the ups and downs and licks of the past. Satoshi is not a gamble that you will bet on but rather a long term investment in Satoshi

Seems like OP had some bad experience on losing his money on following one of these Youtubers and this is why he do make out some generalization that most of  them are just clowns. Well, we do have our own insights and beliefs on things though basing up on the things that we do experience but it wouldnt really be that good to be that conclusive. If you are really that experienced enough then seeing those traders that making out some streams and making out their technical analysis then if you are that knowledgeable enough then you could really be able to see on how experienced they are or knowledgeable on the things that they are explaining on the video and not really just simply creating those support and resistance line and then it is really just like that but on the  time that they would really be making some Fibonnaci or some butterfly harmonics and making
use of those RSI and related divergences on different time frame confirmation then this isnt something a newbie kind of knowledge towards trading.

This is why you cant really be able to make out conclusions that all of them are clowns. There are still those traders or streamers who are really that making such good analysis and as long its for
free then it would really be that depending on you whether you would be taking it and applying into your own too or would really be just simply skip out.
You havent been forced on doing on the same decisions just like with those streamers so it does mean that it would really be always depending on your discretion.

Just because someone has a YouTube channel does not mean that they really know what they talk about. Most actions on YouTube is for views. There are many viewers that they are able to fool that they are making good analysis and these people that are fooled end up subscribing and following their channel which is basically their major aim as YouTubers. Some Youtubers are good, but you have to be extra observant and vigilant to be able to spot and differentiate between the real, and the fake and acting.

Haha, yeah those YouTube experts crack me up too.  I wouldnt put any money on what they say either.  But not all technical analysis is like that.  There are some skilled analysts out there who actually know their stuff and dont just spout nonsense.  You just gotta dig through the goofballs to find the real deal.  Easier said than done I know... Like trying to find a diamond in a mountain of rocks.  Most of the rocks are just rocks. . .

I dont have the patience for it myself.  But for some folks sifting through all those predictions and charts is half the fun.  To each their own I guess.  Me, I just hope I can find an analyst or two I can actually trust, otherwise I would just be throwing darts blindfolded.

It's a a sad thing because there are hundreds and thousands of youtubers who have their so called VIP paid group where are just looting people with their random bullshit predictions and I have checked out few channels where they will ask you to buy some altcoins for long term and then couple of week later they themselves will advice against investing on those coins. They just suggest numerous coins as well and even if 99 out of 100 prediction goes wrong but they will make a promotional video of that 1 prediction which went well with testimonials this gaining for buyers for their paid group. There are people who predict genuinely and have a proven track record and those don't push you to buy membership and all. Better to stay away from these crooks.

Every trader have their own style and strategy on how they plot their analysis, and if you think they are doing it wrong or you are not satisfied with their analysis then you are free not to follow it and stop watching it. We know those youtuber are doing it for the content purposes and some are real traders while some are still learning it. As a trader, we should continue to learn from every trader and correct their mistakes on our own, with this you can have a more meaningful trading strategy and I hope you find your own best combination of indicators.

They are Youtuber and that’s for their own content, if you think their analysis is wrong then leave that channel and find some trader that are real to their analysis. Most probably you watched the wrong guy doing some funny analysis just for the purpose of seeking attention, don’t ever rely to any analysis in Youtube, always have your own and trade at your own risk.

A good number of them know what they are doing while some just doesn't understand what happens. They leverage on the advantage of followers that they have and their ability to use good English and convince people. Well, it might be a signal they go from others, whether it works or not is what I actually do not know because I do not follow them

But then, I have a friend of mine who follows hundreds of them and in one way or the other he do meet the ones that are genuine and who know what they are doing and he in most times run into massive profits. I do not actually know how often he loses. But I know that with the aid of the bitcoin charts and candle sticks, bitcoin price can be predicted to an appreciable degree of accuracy.

nothing wrong in making technical analysis, after all people need to something they could rely on and technical analysis is one of them.
but sometime some people more prominently these influencers are just doing some random technical analysis with inaccurate prediction not fitting any technical analysis knowledge and call it a day for the sake of gaining viewers thats where it gonna become a problem, though I also believe that TA is just means of knowing current crypto market situation and nothing more, the price movement definitely moves based on the demand.

you are right. they get money from the analysis they do, and if they upload it on YouTube, then the goal is views, because the more views they get, the greater the potential for them to get a lot of money. However, the analysis he does may be wrong or right, but it will not really have a big impact on him. The people who are affected are the people who watch the analysis and believe in the analysis they make.
Apart from that, good traders will focus on their goals in trading, such as looking for information about what they are trading, and so on. I think they won't have time to create videos, edit, and evaluate the videos they will upload beforehand.

Mr. OP, you see most people share wrong information on YouTube, and they only do this to increase their subscribers. Many times they analyze Bitcoin and crypto markets, but I think the way those people predict the lines in the market is completely negative. But there are many people who are new to trading, and they prepare to trade by watching those videos, but if they trade by looking at them, they will definitely face losses. But we have seen many wise people in this forum have good analysis of Bitcoin and cryptocurrency market which are claimed to be good predictions. And they are doing good forecasting and price forecasting that we can invest in. Of course, those people who can predict the price of Bitcoin well are well-informed and experienced traders who are the only ones who give good advice.

Hahaha...this is why you must be smart with everything you see online, or else, they will deceive you and make the fool out of you. I am smart not to believe anything trading online anymore unless proven otherwise as I've seen that they are only there to keep their channel active for the compensatory gains and to market some products.

Those who are really trading and gaining consistency are few, not to mention those who are trading for a living. I've known trading for almost 2 decades, there are many that have been swindled with fake products and services, so it's not new.

If a YouTuber makes a video about trading, there is nothing to consider him an expert. In some cases, that YouTuber makes videos about trading without any logic just to increase the views of his channel. If you search YouTube you will find numerous videos about trading, because of so many videos you may get confused as to which video you should actually watch or which video will give you some idea about trading. Try to avoid the videos of most YouTubers, but there are some YouTubers who regularly upload videos related to trading and whose videos have positive comments and likes, those videos may be of use to you. Watch youtubers videos only to get ideas but never try to trade the way a youtuber is trading.

That's why we don't need to trust these so-called "technical analysts." We should learn to trade from other, more trustworthy sources. That would be better because we can improve our analytical skills to be even better.

We can use the methods used by technical analysts as information only and continue to look for other sources. The YouTube influencer may have a specific purpose for doing this that we don't know. So we don't need to use their suggestions if we doubt them.

That's why we must learn analysis to not become dependent on people. And if we can have good analytical skills, we will get the benefits. And let's say that people still trust those "technical analysts" because maybe they also have other goals.

You should enjoy the comedy show and have some laughs and then don't follow what they suggest or predict for the future, simple as that. There are thousands of people who would make their predictions, it's not important for all of them to be correct since the cryptocurrency market is highly unpredictable, and even those who are not so-called experts but are actual experts and understand the market very well may make mistakes sometimes and the market might move differently than how they must have thought or predicted.

That's why, those who watch such analysts and base their decision solely on what they say should think twice. They need to do some evaluation and find more resources and people who they should observe for some time and if they think that their predictions are mostly correct or at least close to that, they should start watching them more, but at the end of the day, should take their decisions on their own.

Most of them made videos for views and money. Some of them are given tasks to fulfill and to get the money and they just watch other YouTube videos they get some information and make videos on different coins like BTC, ETH, and bnb. They also made videos about them when they will increase and when their price will be up. Most of them have paid courses through which they get people's money only. Even they didn't teach them anything. Avoid these things will be better instead of wasting time on these.

OP is right about 99.9999% of the youtubers who do chart analysis and they are just making stuff up. That is once again doesn't mean that they are always wrong, like OP said they could be right once or twice a day if they are lucky, but their 100 wrong along with it doesn't really worth anything all that much.

I think it should be something that would be a bit more tougher for you on the long run and that could probably not be something that will change things that easily, and should be something that will take some time. I hope that we get to a point where it will not be that easy for people to realize that youtubers are not who you should follow before you trade. You will make a huge loss if you do that.

Many of these influencers are very good when it comes to market analysis so we need to understand what how long they have been doing this would might be a very long time. Once you are good, you are good and that is the results we normally see online although we need to see the beck scene to understand that many of them might have analyzed the market backdoor then they will come online and do things like a magic. We don't have to see analysis like magic because these man spend time in the market to get there self aquatinted for a better results.

Hahahaha. I thought I was the only one who realized it, it's not only on Youtube but in almost all social media especially if they are claiming that they are really like this pro doing such technical analysis.
I'm thinking that everyone can do it, even you, even me.
Can't blame them because we all know all of it is just speculation even our own technical analysis. What I don't want is shilling some projects or convincing their viewers even if it is really obvious not to happen.

You don't have to blame them when they give out predictions and some traders do fall for it, actually these traders who go with their (YouTubers) words 100% are to blame, is like knowing what's not right and you're believing it and even helping them spread their so-called predictions.
The annoying thing about these YouTubers is whenever they Accidentally get their prediction right they just start feeling like gods on their own, making those who waste their time to watch and follow the madness they have started to grow, to me I just don't see a true hard core trader to believe everything some of these YouTubers if not all are cooking online.

Content creators on YouTube always highlight the topics they create videos on. I have seen videos of many YouTubers who have done very good campaigns on various scam projects, many people got motivated by their campaigns and got motivated to invest in those scam projects. When all those projects shut down their websites after taking all the people's money, they made negative videos about that project again, that is, the users who followed them were harmed by making their videos. Such youtubers are really like dustbins, they present such wrong information in front of people in a very beautiful way just for some amount of money income so that people trust them and invest in all these scam projects without thinking anything. I always try to stay away from those who make such scam campaign or tedding videos because I can't learn anything good from their videos.

Once you have watched one of them you have watched them all, so while I can understand that you do so just to get a good laugh, maybe it is a good idea to do something else with your time.

As those influencers will never change and will keep drawing lines all over the charts and keep faking they know something about the market that no one else does, while their followers will keep pretending they are learning something out of them, even if they know this is not true.

This is because most of them are only after for making profits out of their audiences and not really helping traders to make better trades. This is not to generalize, but most of technical analysts, not only in Youtube but across different social media platforms, are not really credible enough to make such videos. Most of them are actually just doing it for promotional purposes. But of course, there are still few dependable and credible out there, you just have to find someone whom you can trust or know for a long time.
I think this is also a lesson for us traders, to not always believe what we see in social media and to not rely on them. We should learn how to filter trustworthy ones on the unreliable ones. Remember that not all we see in social medias should be consume, and that we should also be wise in analyzing information. Because in the first place, the first person you should believe and rely on is yourself.

I don't think YouTuber upload their technical video on their channel based on true experience in their trading, some of them want to get benefit with higher traffic with viewer without have accurate or good trading technical. Learning with trading trough video is easily for understanding than have read a book but not all YouTuber of cryptocurrency understand well with their video upload in their channel. Some of YouTuber as influencer without have knowledge with cryptocurrency and many of them get commission fees when uploading new video exactly recommended with some coins have to invest.

 I don't interested for learning more with YouTuber when uploading their video technical trading because not always bitcoin and altcoin price depend with their research, many time whale have more dominance to see bitcoin or altcoin in lower and higher price.

Either if you like it or not, that doesn't have any effect on people who are making those videos. That's how they are making money and they will do anything to keep that happening. But it is up to you or us to whether trust them or not. As of trading goes, you should never follow others or copy other's work. If you don't do it on your own, then there's no point.

Those squiggly or scribbling lines could be true. Maybe they are good at what they are doing. But why should you follow them? Technical analysis is a process to somewhat predict the future of the market. But it is never 100% accurate and never will be. You can guess it to an extent and that is how people trade. As long as you don't follow those videos or those people then you are good. But if you are foolish enough to trust those videos, then that's a "you"problem.

It is understandable why it's skeptical to you but the reason for the market prediction is because the market always replicates some previous price momentum though the end result is now guaranteed since we're dealing with a volatile market and that is why people say no one can get 100% result on the market analysis.

It doesn't matter if you are copying others strategies or not. What is most important is to make profits. Technical analysis can complicate things. If someone opens a higher timeframe for the bitcoin pair he will clearly see where the price can go next. Some YouTubers use that kind of analysis to show how knowledgeable they are so that they can attract more followers to their channel. Those complicated analyses have nothing to do with actual trading.

True, they wont really be showing some care or concern on what their viewers would be telling because on every views and bashes or whatever discussions then it would really be that adding up that kind of exposure on which we know that this is something that they do really prefer into. We do really know that there would really be those noobs who would really be that blindly be following on what these influencers would really be doing or saying and it do looks out that they are really that professional or something that do talks on things which turns out to be that legit looking and people do blindly that follow basing up on what they are really that seeing.
Sooner or later you would really be just simply looking into yourself and laugh on the time that you do realize that those fellas are just simply making out those random speculative approach towards the market
and only to those who do watches are the ones who would really be blindly be following them. Dont make yourself that easily get hooked up into those people who do claim out to be good traders or
profitable ones.

What else do you expect from youtubers who make content about crypto trading? Almost all of them are just for views, so the majority are just fake expert traders. Even if they look funny or lame, that's fine with them because they only aim for views.

But there are also a few that, if you pay attention, make sense to give a tutorial about trading. Because the views that can bring profit to them are already given, YouTube is really a business, but we must be wise about the contents we watch.

That's why it's different that you have your own study about it so that you can somehow identify if what they say about the tools used in trading is true or not.

They will show you some lines and charts and that's trying to convince their viewers that they're legends in trading. And with some chit-chat and additional topics that they'll add to that description of chart, you'll think that they're not losing any money as they trade. The difference from them and us is they're video makers, content creators that documents everything that they do. But that doesn't mean they're better than us, no because they're just the same as us thriving into this market and the news that they report are also the same as what we can read from the articles and publishing media that has their own websites and pages. And so if you're one of those people that believes every single thing they say, you're too gullible. Because you shouldn't be like that and you need to verify if they're telling the truth and don't just absorb it.

Not everything on social media are real, and if you what to know if what you are watching on YouTube are real try to go on personal research on that particular projects the person is trying to showcase to convince people, then you will know that not everything you saw on social media are real. The difference between we and them is that we are real in anything we are doing in this Bitcointalk forum, and we always bring out the reality of cryptocurrency to impact others people to remain positive with cryptocurrency. We still believe that Bitcoin was created to eliminate delay in transaction and reduce unemployment in the world which we can see it manifesting all over the world today.

In fact, it's not only in Bitcoin trading content that you will find rubbish content but a lot of content about other things including altcoin price predictions which in fact they are just promoting these altcoins that do not have any potential in the future.
That's why you have to be careful when trying to learn trading or when looking for future Bitcoin price references because you will find quite a lot of inaccurate information that can lead you to mistakes in making trading decisions. Only follow trusted channels that never offer paid signals at the end of the content.

To make a general comment for most of them, unfortunately, many social media populars and Youtuber analysts unfortunately share nonsense analyses. It is truly a tragicomic situation for them to think that correct analysis has been made by drawing a few lines and touting that they make money in this way. But there is also a fact that we shouldn't take credit for some of the good apples in a crate of bad apples. Some analysts make truly successful analyses, provide information and guide people in the right way.

In today's conditions, where everyone is an expert in a field that they don't understand or know, unfortunately, people who claim to be economists by drawing a few lines, especially on platforms such as social media and YouTube, have emerged. We should never take into account the analyzes of such people and only take into account those who truly comment as economists and analyze in detail.

I had a good laugh reading through your comment... The snake oil got me the most 😂.

Anyway, joking apart; I think what those lines do on the charts is to present a type of navigation through the charty waters of trading as technical analyses. What we shouldn't do when we see those YouTubers talk is to conclude that they've the holy grail. No one holds the holy grail in this market. We all are speculators. Speculators can't be right every time. No human is always right, even on a field they claim expertise. Till tomorrow, the famed business mogul, Warren Buffet, still loses money on investment. Analysts or speculators shouldn't be any different.

You are right, there are some people who do this by making various kinds of analyzes that are not based on their understanding. They only study the number of views to increase their income, not to make people understand more about how to play crypto. So I think before we choose a YouTuber's channel, it would be better for us to have a basic understanding of crypto so that we don't make a mistake in choosing the channel that we will follow the analysis they make.

Not all of them do like this but some of them are just for their followers and they want to get some fame so they do like they have more knowledge about bitcoin or about other coins which may have recently had some hype. Most of them watch some other YouTubers and they just copy from them and make their content for which they get views. So, these things I don't think are valuable because they waste other's time, and sometimes the users buy a coin according to their signals and they are going to be at a loss which is not good.

These Youtubers should not be watched according to my thinking because there are many more articles written on different platforms about the coins, also I have seen some users who are beginners at trading and they just wanted to learn something about trading and suddenly they jump into these videos and loss their money. We should be careful in these scenarios.

Well depends on the video you are watching, There are a lot of sources right now on the internet and one of these is YouTube you can watch how the YouTuber or the content creator creates their content how to make a trade, learn how to trade and what are the trips and tricks in making trading. Just gain knowledge, and copy their trading style if you think suitable to them but availing of their exclusive contents like learning is on your choice not as always its ideal to follow because sometimes it's part of their market manipulations. You can learn more with the experience and try to analyze every mistake you made this helps you to become more efficient trader.

All this is pointing on nothing than you saying the Institutional investors are being responsible for manipulatio the market, holding the market down in their own favour to feast on the individual small scale investors, but we have to consider that these institutions are not the major target for why bitcoin was being created, the people are the target, institutions also take risk and make losses, they cannot exist alone in this, you can consider their numbers to the rate individuals were being involved in bitcoin trading and see how few they are.

If you were learning how to trade then you should never focus on making profit. And how did you conclude that copying other's strategies doesn't matter? It does matter when it comes to trading. It not only destroys your emotional control but also makes you dependent on those people.
Let's say you have learned some skills about trading and you are doing good with your TA. But if you follow those who are making those videos and copy them, you won't make decision logically but instead you will depend on them and make decisions emotionally. That's how people fail in trading. Influence is a thing and it happens to people. They get influenced by people whom they follow.

You have done all your analysis and you are sure that the market will act the same way. But if you follow a so-called pro trader on YouTube, you will get wind up in a thought that they are right and you are making a wrong decision. And those YouTubers are really clever. They never say that it's 100% sure instead they say it could happen or it could go The other way.

Also I am not sure what you are talking about not following any analysis and doing trade. Then how do you trade? Care to explain?

What do you anticipate from those who are only interested in gaining subscriptions and viewers? They all pose as professionals, but their only goal is to trick others. YouTube isn't exactly the best place to study, in my opinion, because everyone there is simply trying to make money and you can never tell who is real and who is fake. YouTube is a good resource for learning the fundamentals of trading, such as how to place orders and buy and sell, but it's not the best place to study technical analysis because you wont be learning anything. You may start a topic about it on this forum, and I'm sure you'll see people that will be able to teach you.

Yes, you are right, not all of them do that, but the majority of them do, and you will find it very difficult to find the ones that are real. Just as you said, some of them do copy other people's content, they are just on YouTube to make money, but you will think they are trying to teach, some of them don't know anything about technical analysis, if you decide to follow their post, they are already misleading you.

You can learn from them as time goes by and you already step your foot inside the trading business. The more knowledge you have, the more chances
that you will learn different combinations of patterns.

It's your edge being well-equip when placing your position. It's tough to anticipate and like what you have said, there are many tutorial resources that
you can read and watch online to gain deeper understanding if how this business works and how you may take advantages of those.

Take time to learn even you think that the videos are more with content that the creator wanted to gain viewers. There's still something
that you can take and learn from it.

Learning different combinations of patterns will become new knowledge.
There are all kinds of tutorials on trading, on how trading strategies are made as well as some combinations of indicators to analyze the market.

I am interested in YouTube channels that discuss thoroughly how they trade, not just giving a number to enter,
but they provide new knowledge, new strategies, and the use of indicators that can make it easier to predict trades.

When some people say watching a technical analysis show is like watching a comedy show, maybe they chose the wrong channel.
It's important to do your research before watching, and know who made the tutorial. Don't watch clowns making comedy analysis.

There's no harm in just learning and can look at various channels to increase our insight into trading through technical analysis. But there are times when we have to make our own analysis before deciding to use someone else's analysis. It is not easy to learn technical things if it is not combined with direct trading experiments. In the past, I used to follow other people's technical analysis and I also practiced directly trading with small amounts first. But because I don't have special skills in the field of trading, I decided to make long-term investments.

Currently I only do short term trades occasionally and only trade when I am in a good mood. I am not the type of person who easily believes in other people's technical analysis and if you feel their technical analysis is incompetent then don't follow it. Therefore you must have an understanding of your own technical analysis, because a comparison between one technical analysis and another will be a comparison before deciding which one to study.

Are you talking about those YouTubers who share various technical videos on YouTube and market to buy their courses?
I have also seen many of these people, they keep many types of charts for trading in their books and find out the charts by understanding the market conditions. And foreseeing what will happen next, then most of them invest with certainty and show that they have made a lot of profit.Everyone likes to see it and everyone gets interested in their course. But I don't know how true it is. If it is really true then I think it will be very beneficial for newbies.

Yes, I used to follow YouTube the most when I was a fresher. Loved their videos and slowly got addicted to crypto. But since I had very little knowledge about Bitcoin and was very eager to learn, I am fairly well versed in trading today. So now when I want to do spot trading, first of all I analyze myself than trade. I want to tell you something about this. If you are less experienced then you can follow youtube but if you want to be really experienced there is no substitute for observation.

Before they decide to buy, they need to look elsewhere for information. There are many sources of information that they can use to learn trading. They just need to find which one they need.

Most people only look at the results that the influencer has obtained. That makes people think they can be like those influencers who can make a lot of money from trading. They can get information from other sources if they want to look for it. And the best part is that they can get the information for free.

If there is an offer like that that requires paying, beginners should think twice about signing up straight away. Many other places can provide more information for free.

Many influencers have this and those who have no knowledge about crypto will certainly believe them. Well, they are comedy because those who already have experience will just laugh at them as we know the truth already. In fact, even the creator of Bitcoin can't tell which it will be going as the price relies on the market demand and supply. And this is the fact that nobody knows what will happen next and much more of these YouTubers who also don't have any crypto background.

We as viewers should be wise in what we see, especially if those are bogus experts, even though we are aware that there is a lot of chasing for views. In actuality, we can still learn things or gain ideas there. If you are aware that nothing he says makes sense, it is straightforward to only take what will benefit us.

Given that it is true that these influencers make trading seem comical, it is fairly simple to avoid doing so. Find a different trader that makes sense to you and has more experience; that's what I'm doing. Why would I waste my time watching someone on YouTube who is aware of the error of his statements? Am I right?

Well, you have a point in what you said; in short, no matter how much you are an expert in crypto trading, the market will remain unpredictable for our individual traders.It's better to predict the direction the price of Bitcoin or cryptocurrency will go.

Because the world of trading in this industry is playing in this cycle system in the field of crypto space. So, if we can watch someone on YouTube explain about trading, let's choose the one that we can pick up, of course.

If they don't have a good experience in trading, how can they gain a subscriber and a viewer? Ah, maybe they get lucky at first but people will always find out the truth later on. There are still legit YouTubers out there who only post genuine content. If only they can follow it, they will only get a consistent engagement. It's important to know that predicting the market accurately is hard so a good trader can also make a mistake.

This is the tricky part here because we may tag them as fraud. We need to be careful and analyze them well because I'm sure there are evidences that can differentiate a fraud from the legit ones. Whale can shake the market effectively but I don't think they will let the public know early about their plans. We must also be careful on those who present themselves as a whale or had a connection to it because they are likely a scam.

Everything in YouTube is not actually need to be absorbed. That's why you need to do your own research as well so you won't be like them. Believe that everything you've seen from all biased platforms are just to promote the show, not literally to make an impact to the people. So I guess I don't find this new anymore. YouTubers who claimed to be technical analysts with regards to bitcoin is actually the people who don't really understand bitcoin well. Because if they really do, they won't make unreliable predictions on bitcoin. Bitcoin is always unpredictable and uncertain, and even if you are the best analyst all over the world, you can never predict accurately about bitcoin.

Alot of those youtubers are entertainers and not analyst, they're trying to entertain their followers and the non subscribers so they can subscribe to their channel that's why they fake predict the market. I won't trust any youtuber prediction of the market but I can use Youtube for learning because we have very good teacher on the social media. Alot of those individuals operating a channel claiming to predict the market are doing so because they know they can get those interested to learn on how to trade then they charge them some fees.

Alot of things on the interest are not to be taken seriously because the internet is full of fake life since they can't always be questioned. The market can be predicted but not by everyone. Those individuals that have been trading for a very long time and have the experience can read and understand charts and that's what make them professional traders. The market moves in a pattern and those who understand it can make profits.

It is not that easy to explain or inform people about something on YouTube. If someone does not have any knowledge and understanding about Bitcoin, how can he explain to people on YouTube about Bitcoin. After mastering any field, people can make videos about it on YouTube. Of course some You Tubers will make videos about crypto to get their own publicity, but there are majority of You Tubers who have good knowledge and expertise about crypto currency. Often they themselves invest in crypto currencies and Bitcoin. With theirs many years of hard work, they makes videos on YouTube about crypto currency.

As the Bitcoin and crypto currency market fluctuates, there is no guarantee that any analyst's analysis will be 100% accurate, but the analysis of experienced analysts cannot be denied, because predictions about Bitcoin are made looking at the past record, which are often proved to be correct. By following a You Tuber continuously, it can be easily estimated how much skill he has and how accurate his analysis turns out to be.

We don't have to depend on the information we get from YouTube, we can always do our own research to find our how things are being done. Trading is something we need to get the skill ourselves not relaxing and waiting for a YouTube influencers to give us signals on how to go about trading. It might be a good alternative especially when we don't have the time or the skill to analyze at that time. We can get external advise about what the market is about doing or will do in time coming. We should always take our decisions based on research and not based in a single observation or information we had gotten.

on my personal YouTube, i quite often watch trading analyses made by YouTubers, i know their main goal is just to get viewers for the videos they have made but i don't immediately underestimate them, i will use what they explain as consideration material.  anyway, it's your right to think that what they are doing is a joke, but if you have an open mind then you will make the analysis they do as a consideration only and not completely a final decision on your trading. 

Predicting into several months is what I can’t be quite certain on as, the behavior of the market can endure a great shift without any signal. Although this might happen within a time frame but, having predictions in months comes with greater risk I would say.
Predicting within a small time frame keeps you close to your charts and some worth tied to the market which by some means, prepares you for the worst.

I can agree with you that the more there are variables into a large range for predicting the market, the closer the accuracy as, it defines the market after considering several activities through a longer time frame. Mind you, it’s often about history.

I had hoped you would drop this individual with good predictions so we could study the user’s methods.

As if those influencers are showing their true results in their trades, because they can fake those results if they want so they can still deceive people most especially those newbies who are hunger to earn profits. This is the reason that in trading or investing bitcoin, trust no one no matter how professional or profitable they are. You really don't know if they are not even successful traders in the first place as the social media becomes the playground of scammers these days.

If beginners really want to learn, then they should make deep research online as there are a lot of articles that are free online, they just have to filter those unreliable ones and focus on legit sources.

I don't take some YouTubers seriously, when you check them, they are more inclined to make the money on ads YouTube give than to teach real tutorials that will be beneficial to traders. If at all some of them are expert as they think they are, I think they will really make money from trading than the tutorial videos they create on YouTube, even the YouTube channels that teach trading with lots of views are also more interested in the content creating as a job than the real trading because trading is really hard.


There is nothing to worry about these type of traders, just ignore and don't buy their premium service, we have plenty of them in telegram claiming to be good traders that share position and ideas about a chart and then give their honest opinion and expect you to copy the signal and after some months, they start to offer service for members that need special group treatment but this things are all scam.

YouTubers have been known for their influential powers and attention grabber but if we talk about analysis and prediction, no way they know it nor believe them. That is why we don't just follow them easily but rather make verification first because many of these YouTubers have been paid for certain tasks like promotions and ads. We should not fall into them of whatever they speak, some of them are liars and full of jokes. Sometimes they give reviews but honestly, don't have any experience in crypto.

Watching YouTube will not add to the experience if someone just watches it without wanting to try it after watching everything on YouTube. Experience can only be gained by each person through the experiments they carry out because watching and reading is only to tell everyone about the information conveyed by someone, either through writing or through video. So if you want to be more experienced, everyone needs to practice what they have watched in order to see more accurate results in what they do.

Yeah, most of the YouTubers I see on YouTube shares their "technical analysis" but it's not working well to be honest, they're just posting it for views to earn money.

But I've seen one with a legit content that really helped me way back then, I forgot the name of YouTube but it's a gem there. YouTube tutorials are just to teach you basic stuff about trading, like the basics, candle patterns, types of indicators that could be use for beginners while exploring the trading world.

I don't watch much YouTube lately and when it comes to investing I prefer to make up my own mind instead of listening to other people. Especially so called influencers are mostly interested in as many views and clicks as possible, they don't worry so much about the average investor and rather want to make money via advertising than actual trading. It's true that sometimes technical analysis seems a bit wonky, but it can be really helpful to people that believe in it and invest the time to learn it. Technical analysis is not going to make you rich overnight, but it can help identify trends and find buying and selling signals. Looking at past prices is the first step every investor does before buying an asset. Nobody wants to buy a coin at its 52 week high. Some people might argue that all prices are random and that there are no trends, but looking at other asset classes like stocks or bonds we see that trends are very common. No price is always going up or down, there are cycles and with technical analysis we can identify them. There are a lot of different indicators and we need to choose the ones we believe in and trust.

That's just a way to make a side hustle nothing more. I have been engaged in conversations like this before and the outcome was the same everywhere, it's just made-up, cool edited videos with cheeky backgrounds. They get paid subscribers, paid comments, and likes so you can't really trust these videos at all. If YouTube University was that valid then man there is an amphora of knowledge but it's not. Do not trust the sources without validating them.

There are literally youtube channels that are made to verify other youtube channels and their information. LOLZ.

If you read this statement twice, then you will understand the gravity of the same. I think it is best practice that we should swiftly avoid everything that comes from such channels.

 Trading is not a joke, it's a deep workup of knowledge, experience, and logical thinking.

It is not possible that all of them technical analyst on YouTube have the wrong predictions. Truly, most are and you can tell that they are repeating and saying some technical stuff to confuse the already confused amateur viewer.
It takes years of effort and study to develop that skill. There's a handfew of them who are that good and unfortunately they don't have a YouTube channel.

YouTube only helps traders to hear other opinions from Institutional organizations and what other individuals have speculated concerning bitcoin market trend on recent time, but if we really need to know more about bitcoin market speculations very well, we have to go through the learning process and this may take a little of our time and efforts, this is the practical aspect that we need to bring in various strategies and indicators in place to arrive a define destination through our speculations, watching YouTube alone may not teach us what is required or needed to know when we are on the real practice.

Most of those that have mastered TA do not really need to have a youtube channel, they are simply too busy making money and improving their strategy to care about what some newbie traders may think of them.

This leaves those newbies with a bunch of influencers that want nothing else but to bring attention to themselves by making outrageous predictions, so newbie traders have no one to rely on their journey to become successful traders, still it is not as if they are the only ones, since the majority of those that mastered TA had to do it on their own as well and they still found a way to learn how to trade despite of all the obstacles they had on their way.

If someone is promoting something good online then he certainly deserves praise but in this day and age it is hard to find people creating good content on YouTube about Cryptocurrencies. Crypto related videos I try to understand very little on YouTube because most of the videos share wrong information and I think the people who share this information or who make the videos have very little knowledge about crypto currency. They create video titles and thumbnails in such a way that they are immediately engaging. Having three monitors in front and trading charts on monitors and trading candles on mobile does not make a YouTuber proficient in trading. A skilled YouTuber finds proof of his skills in the content of his videos.

It's frustrating how misleading content is everywhere and even in social media, fake news is all over the place yet many people still fall for it. Especially on youtube where content creators often just want to gain profits without bothering to dig into the real facts about cryptocurrencies. Ofcourse we can still consider to watch youtube videos to get an idea, but we still have to be smart about it and only to the extent that it is because we are weighing which one to believe and which is not. Just because a video is there doesn't mean it's true, we still need to verify our facts and watching one video about cryptocurrencies does not necessarily mean that it is correct.  Good thing we have this kind of forum as this serves as another source of clarity. It is still up to us to make learn and make the decisions.

They won’t be so called effective crypto influencers if they don’t act like technical analysts. So these YouTubers pretend to know everything about bitcoin and make wild predictions as if they’ve seen it really coming. But the reality is they really don’t know what they’re talking about since they do their jobs not because they are highly capable and knowledgeable to do it but because they are making a good compensation of it. And only real bitcoin analysts can prove it since they have been in the market for years watching how bitcoin and the rest of crypto works.

However, we can’t generalized this kind of thought because we all know that there are also YouTubers who have been doing their jobs from their best of abilities and skills. They don’t care on their earnings but they focus on more on how they’ll educate the people with facts about bitcoin and the crypto market, so they won’t be blinded by some too good to be true projects that will only scam them in the end.

That is only possible if you as a viewer are already aware of what's happening and what the guy is saying, but if you are new in the whole trading thing and don't even have any idea, you will most probably be misguided because the ideas that you might gain from them might not actually be totally accurate and on point, and you might struggle if you follow their signals and suggestions.

That's definitely the way to go, but yet again, if someone is new in the industry and doesn't have any idea about anything, there is a high chance that they will get the wrong influence. That's why, it's always important that someone who is new uses multiple sources to verify any information they get from any person on any platform including YouTube, Twitter (now X), Facebook, or anywhere else.

I know right, they're comedians and later with their videos there's always the sales pitch from their own courses on sale.
That's the funny part, I don't understand these people that are learning from them as they say but it becomes their another source of income aside from trading. If they legitimate make money, they just make themselves prosper through trading. Don't get by their justification about they just want to teach other people make money too.

Cryptocurrency is very risky, we invest at our own risk, that's why it's clearly stated that we should invest the equivalent sums we can afford to lose and not risking all our monetary value on just a project with high expectations, unknowingly to us that it will crashed without our idea. YouTube content creators have absolutely nothing to offer, only there to procrastinate and engaged in projects that they tend to be paid certain agreed fee for the purpose of promotion. We know them but won't start mentioning names because they're all over YouTube and persuading the viewers to subscribe to their channels.

It will always look like a comedy show if we see it from the real technical analyst point of view. Since we all know that bitcoin moves unpredictably then no one could take an edge on it and just predict the bitcoin movement as if he knows where is bitcoin actually heading. And YouTubers are actually doing this because they want to create an impact to their viewers that they are really knowledgeable and very confident on their predictions when in reality, they really don't know what will bitcoin look like in the future and it seems that they underestimate the real potentials of bitcoin.

However, this is not really surprising for all YouTubers as they are not here to educate the people about bitcoin but to make an income out from bitcoin predictions and promote projects that are actually not reliable. Since they sugarcoat those projects and now they become projects will high potentials to succeed in the market, then here comes these less knowledgeable investors who are only here to find quick profits out from those too good to be true projects.

First and foremost, I am not a fan of these Youtubers doing ridiculous clickbait thumbnails of BTC and other cryptos going on 10x, 100x or so. It's like they are on shilling mode not caring about the subscribers but only on the views and revenue from Youtube ads.

One of my friends who is a Youtube crypto influencer is also like that and has his own Patreon subscription packages for his TAs, etc. Despite that he's my friend, I am not a fan of his clickbaits and predictions as technical analysis aren't offering any guarantees at all.  

I would rather follow those content creators who are ethical and more on realistic education about BTC and other cryptocurrencies. This is what I have been doing where I just simply feature projects without encouraging nor discouraging anyone to buy this, buy that, etc., as I am just more on education and pure information purposes.

Therefore, going back to the OP's question, I ain't like them and I do not see myself to be like these crypto Youtubers making nonsense predictions here and there just to gain more views, subscriptions, etc.  

I personally am not good at carrying out technical analysis, but I have also seen channels on YouTube and Telegram that provide technical analysis for free. And try to understand the basics of the analysis they do. But I personally am not someone who easily trusts the results of other people's analysis. Because for me analysis based on fundamentalist news would be much better. Because the response of market players is always clear to see where they are directed by published news. So we only need to look at the market sentiment and start following the trend that is being formed. But to determine the best position for entry and exit, technical analysis is still needed for me. But technical analysis alone is not enough to make market price predictions. Because movements in the market are much more complex and there are many factors that influence its movements and these are the factors that we must study so that we can use them as material for analysis in our trading.

You need to extend your time learning more and not just to follow those creators, being keen to succeed it's more on how you will
try finding the right patterns and the right treatment in this kind of market,

I personally agree that using the amount that we can afford to lose is one of the good factor to learn more about trading, with potential to become
volatile, if you are using the amount that you are willing to let go, there's no problem if mistake take place, but the knowledge that you learn is more important.

The important point is that we should not trust other people too easily, watching other people's analysis on YouTube or in other places is fine as long as we also have our own knowledge and beliefs.
In trading we risk what we have, so it is better that whatever results we get must be from what we have decided.

At the beginning of my trading, I was often influenced by what I heard and saw, until gradually I realized that I had been wrong all this time.

I agree, that's not really the point of Technical Analysis neither, you are making an analysis but that doesn't mean that it has to come out true neither, that should be something that we could end up being a little different. I get that we are going to end up seeing analysis that turns out to be true but we are going to end up seeing ones that turn out being wrong as well so all in all it is not going to be all that easy to predict.

We need to just use that as a way to just understand the market but that's not going to be all that weird. We need to realize that it is not going to end up being all that easy to handle and shouldn't really be something that we could benefit from neither, it just can't be all that good in the end.

Nah, I don't do charts, they overwhelm me. Also, realized long ago so called technical analysts's bullshittery. People who watch them are newbies, and these YTbers feed on their ignorance, unfortunate is that there are always newbies to prey for.

When it comes to speculations then we could really be able to spam out on whatever things that we do look into the market, it cant be considered right or wrong not unless the results or outcomes would really be getting in line on what you had predicted and this is why we do see that there are predictions which turns out to be true which we do have that kind of impression that it was really that precise and this is where we do really decide on following someone just because we've seen that he's really that good on making those technical calls on which this is something that would really be convincing us to follow and its really that a common mistake i should say but on the time that we do realize on whats the real deal then you would really be able to find for yourself that it would really be just that possible on making out your own trading decisions without needing to see others analysis.

So called experts and gurus does really exist on this market and if you are really just that blind and follows them without really that much in concern about the risks then you are really that putting yourself
on big regret once those signals turns out to be a loss. Its better to have a loss but it would really be on your own analysis which it doesnt really give out that kind of sick feeling
not like when you do rely on someone.

TA can be effective, but influencers with their ability to exaggerate everything they say and touch have created this myth that it is an infallible tool that allows them to perfectly predict the future, and when anyone that watches their different streams and videos tries to follow their formulas they find this is not true, now we know that a great deal of what we watch on TV is not true and we do not care, however when the advice those influencers are giving can be used by others to lose their savings, that is when it is clear their lies have gone way too far and they must tone it down.

more of overly inflating their own capability and assesment to make TA, they'd make many mistakes and just go on with it becasue they are so confident, the result are just series
of trash analysis that causes many to lose.
its always like this with many influencers, shout as loud as they can so that everyone knows they exists, doesn't matter if what they are shouting are just some bullshit.
same thing with the many influencers that gives financial advice, even though they said its not financial advice, but clearly they are
trying to influence the financial decision of many people.

There’s no problem with well experienced traders as they surely have their own trading analysis and predictions that are more reliable compared to the YouTubers online. But for these new traders that can be easily lured by too good to be true videos, then the problem never stops. That is why trading is actually not for everyone since what we need here are the real knowledgeable and capable traders that can sustain the market’s uncertainty. Not those traders who are more eager with the quick profits that they can obtained from trading, when in reality all they gained are just losses because they’re not capable to make successful trades.

However, we can’t also blame these YouTubers who claim that they know everything about bitcoin. They need that to attract their viewers as they can gain maximum income if a lot of viewers will follow their predictions. But the final decision is already on us whether we find their analysis highly reliable or we just need to focus on our own to achieve better and positive trading results.

That's true but sometimes even the pros rely on someone. Imagine you are doing all kinds of stuff and you have little to no time to give on trading analysis. So a quick solution could be to just open up YouTube and watch some videos. Not the best solution to be honest but in a time like that, it is logical for one to do that. And for a pro trader, one or two losses won't be that much of a big deal. But the main problem arises only when it comes to newbies. They are clueless about what is happening and what should they do.
If a pro trader watches the video they will know what is going on and if there's something wrong with it then they can correct that and do trades. But a newbie will never be able to do that. They will blindly follow whatever they are showing in the video.

Youtubers make money from views. So they will do anything to increase that. Never fall for that. As long as you aren't able to do trades on your own, don't do it. This is what I want to say to all the newbies out there.

You got it, point to point, they basically do those videos just to attract investors, to invite them into their group chat like telegram or such, some is legitimate and you will surely receive either signals or they are the ones that will handle your trading account. But it is also the way scammers do, because many people easy shined to the words their hear and earning they see from those eye catching videos scattered in every social media platforms. I once believe that scheme but I come from my senses and just learn on my own, becauss its better to trade based on your own analysis and chart mapping than following videos or other people that you don't know of its true or guaranteed legitimate. But I still follow some I proved that they offer legitimate and accurate signals, because of course there are still few peoples or traders in youtube or in other platform that concerns and want to help other traders especially beginners.

Yes, indeed that is one way to attract more people. In this case, when there are more and more group members on their channel, this will definitely strengthen their position to ensure that their group is trusted and full of reputation. And they also make several price predictions and share about take profits within the group. The next problem that happens is that they always offer a VIP group for members who want to get signal services and also more significant and large amounts of market analysis. Of course they provide some interesting potential for users. But of course this really doesn't guarantee that our condition will be much better by joining this trading signal or having a meeting with conditions like that.

Then, in the end, all of those people who join the group will suffer losses after experiencing better during their early days.
Honestly, I do not trust these signal groups, though I was able to watch their videos but it never meant that I was following them. The wrong thing that happens with some people (newbies) is that they easily believe these influencers without doing research. So, no wonder they also suffer losses having the fact that they don't have knowledge and idea about the market. Because these scammers will find ways to attract investors and innocent people, they even invest money for this just to make people think that they are real and can be trusted.

Although some of them might be right and legit but it's very important to be thoughtful when making financial decisions. One needs to approach trading signals from YouTubers with caution because while some YouTubers may have valid insights to share, majority of them are not knowledgeable and trustworthy. One thing to keep in mind is that YouTubers are not financial advisors and they don't have your best interests in mind. Their aim is trying to sell you something or they may be misleading you for their own benefit. I personally have never taken them seriously before and I take their signals with a grain of salt. Anything that has to do with money and trading to be specific, it's important to do your own research and due diligence before making any trading decisions based on signals from YouTubers.

In order to make a financial decision, it is very important for a person to analyze this decision very well to act carefully and to reach a conclusion after performing their own analysis especially if it is advice given by others. I think that especially if there is financial advice shared by a Youtuber or Twitter popular, it should be analyzed very well and a decision should be made after thinking a few times. It is important to remember that these people generally share sponsored content or advice that may be beneficial for their own interests. For this reason, investment advice made by any Youtuber or Twitter popular should be thoroughly researched and it is very important to make a decision after thinking more than once.

Youtuber is content creator, their content is for ads purpose and audience is the product for advertising...remember, most YouTubers aren't just trying to educate their audience, they're also looking to benefit themselves. They may learn a bit about technical analysis to make their content seem more authentic. However, their predictions are often not very reliable when mixed with other data. Content creators have their own unique ways to grab the attention of their viewers, and one of them is acting like professional traders.

In my experience, YouTubers with high quality editing usually aim to attract mainstream viewers. On the other hand, YouTubers who keep their content simple with logical explanations and minimal flashy editing make more sense. Not everyone fits this pattern, but I tend to find more of these creators.

And as long as there are proficient technical analysts in this forum, it's a valuable resource for gaining knowledge from a different perspective.

Learning on your own helps a lot as we can't trust those individuals with youtube channels as their videos aren't always accurate but done for entertainment as they're targeting other individuals that they can convinced to join their paid signal groups to make money from them for monthly subscription. Those videos are always made to look very interesting and you'll begin to think, they're saying something very important that when you following their directions, you'll make profits too.

All youtubers are content creators and as content creators they're only doing those videos to get view that'll be paid for from youtube. Anyone telling you that he's doing it because he loves teaching about trading is telling a lie. They are also getting paid as influencers to shill altcoins to their followers therefore we don't have to believe them or they'll use us in making money. Youtubers don't have any better knowledge about the market than us, they're just an average individual with same knowledge like others.

that is what the reason why I never watch Youtube when in terms of cryptocurrency instead I just circle around the forum and follow those account that had been bringing good analysis and speculation from my years of being here, I have developed a set of bitcointalk accounts that manage to get my trust and now I followed almost every post they created, even stalking their post history from time to time to check what could be the best target to invest.
so the answer to the topic? no I am not one of them instead i am myself for the sake of keeping my money safe.
those fake Technical Analyst only wanted to gain popularity and also trying their luck to gather a huge followers when they become lucky having one analyzing that brings better result.

This is not new for majority of the YouTubers as their main goal is not to educate us with legit information and facts but to create an impression from us by making predictions and technical analysis that are actually out of the blue and are far from reality. However, it’s only us that are being aware of their fake predictions while those newbies with less knowledge and are inexperienced ones end up falling on their traps and click on their subscriptions.

This is the reason why these type of YouTubers do not stop from hyping the market because they still get some subscriptions and continue to believe on them blindly. While those who are being fair on their predictions on the crypto market and bitcoin only receive limited views and are seldom to get subscriptions from their viewers.

You wouldn't really be finding this as an issue if you are really just that sensible into your self and being that wary on how things works into this space.You wont really be that making yourself get easily hooked up
and tending to follow on what these shit Youtubers been telling. Once you do have that sufficient experience and knowledge towards the market then you wont really be that get easily follow these people but instead you would really be just simply laughing on the things that they've been showing. Most of the time it is really that misleading. You could really be able to identify out on someone whose really that telling things
which it isnt right and to those who do really know on what the are doing.

For newbies out there then it would really be always wise to have that self learn approach. Joining up some groups or watching some videos arent that bad
but just to make it sure that you are on the right group or individual to follow. So its a matter of good choice if you do want on being
guided somehow.

That's valid in my opinion as there are creator who just sharing their knowledge and not aiming for any audiences, I mean not the way
those content creators who make their video for ads purposes.

Though it's going to be the audience itself who can determine which is which between their followed streamers who really sharing knowledge and facts.

Experienced by following and executing whatever information they've learned will conclude things out between those streamers/content creators.

Trusting technical analysis from other people, of course we have to look at the evidence they provide, whether it is true that what they analyze can benefit from the analysis they make and if it is true, of course everyone will find it very easy to profit from the analysis they make and if it is true The person cannot provide evidence that what they are analyzing will be better. Let us not follow the analysis they have made.

So we have to be able to distinguish which YouTubers are only pursuing their views for their own profit and they never think about other people if by following the advice they make they experience losses.

When it comes to information and prediction, we can't count on these youtubers because they're not reliable. Creating this kind of content can give them money. More viewers watching their videos means more revenue for them. Therefore if newbies are relying on youtube videos to gain knowledge about Bitcoin and crypto in general, they might believe this false information.

The reason why it's better to have our research to find a reliable source to get an accurate information and not just rely to any videos on social media platform. Verify first before believing because it's not that hard.

Basically we have seen a lot of bitcoin research videos on youtube which are mostly fake. Any new users who follow such wrong analysis and invest accordingly face losses. Those YouTubers who practice bitcoin charts just to increase views are predictions that don't come true. It's definitely a funny thing that the way their videos are arranged ends up looking like a broken house. I also don't believe these videos because they only make up fictions that are always wrong and predictions never come true.

Now I agree, do they create content like that because they really care about us and want to share accurate knowledge about predictions? if we think like that it looks like we have been influenced by them.
They create content for nothing but money, that is their goal. Then when someone follows them or not they won't care about that, because they have already made a profit.
If we rely on them to make a prediction or something else, it is a decision that is not wise at all, it can be said that it will only waste our time.

True or not, there may be still people who follow channels like that and even follow the trading tips they provide.
Those who have mastered trading certainly don't need all that. Of course, most of those who follow are beginners who are confused about how to trade and they are looking for signals.
those who stream simply want to attract more visitors. they use titles that make us curious to see what is going on. and in reality, it must be a joke that makes us regret visiting it.

op really said there are some youtubers who are making up their own stuff and misleading people with ideas about bitcoin without providing accurate information. So no one should make a hasty decision after listening to the YouTuber and it will not be a good decision. 100% YouTubers can't be trusted. The reality is that your market needs to be aware of Bitcoin. Then you need to express interest in Bitcoin.

Free cheese in a mousetrap. Scam videos on YouTube or elsewhere, where traders show people how to get rich in the short term, are based on deception. Especially accounts with high followers use bots to swallow small fish like whales in the ocean. The most important rule to learn here is not to believe any information without doing your own research. Trading in the cryptocurrency markets can be complicated for a beginner and he or she may fall into the traps of YouTube videos with the idea of quick riches. You should not believe traders without doing rigorous research. Once you know the markets, you won't need it anyway.

Unfortunately, a lot of naive people still fall on their so-called insights. The reason why these number of youtubers grow even more and continue to share their own technical analysis to those people who easily fall on their traps. For us, we know that everything they say and predicted are all lies and hard  to happen, but in the eyes of these less knowledgeable people, their analysis makes them more educated about bitcoin.

At the end of the day, we know that they're up to something. And that is not to actually to educate people and save them from losing in their bitcoin investment, but to gain sympathy to the people and make them subscribe to their channel because that's the only way that they will gain a good income from youtube.

I have several acquaintances who are quite good traders and from what I have noticed, often the analysis they produce is different, therefore I am aware that each trader's analysis will never be the same and indeed it is quite unique. I quite often watch the YouTube channels of Nicolas Merten and Carl Martin, the explanations they give are quite interesting (I'm not promoting) but I don't necessarily take their thoughts as a final decision, there must be other considerations then if you don't feel helped by a channel YouTube about trading then just ignore it.

They are so-called influencers and they have the ability to grab someone's attention thinking that all of their artworks are true. Well, just for the sake of money, they will do it even if it is not real. Very unfortunate that someone will take this opportunity and even fool people even though they know that was not reasonable enough to do it and able to see some will suffer the output of our misinformation.
Well, as viewers or listeners, we should also know the right person to follow and of course, not easily believe people online.     

That's such an important thing to realize for the newbies, and unfortunately not all of them do. There are still a ton of newbies who are trading based on some influencers, those people could be on youtube, on twitter, on threads, or anywhere else really, even tiktok and instagram reels.

So, you should avoid those people as much as you possibly could, that would alone make sure that you are doing right and you are on the right path, that will make sure that you are going to end up with a profit if you focus on making yourself better. Tons of people are making wrong moves and they should try to avoid doing that if they know what's good for them. If they can get better individually, they will not need anyone to make a profit.

There are some persons who had been in the Crypto market for a very long time so they know how to analyze the market as quick as possible to get a better view of the market and what the market is capable of doing in a shirt time. This is why we need to have good understanding of the market as a trader so that we can always predict the market like a magician. The pro traders are very skilled and don't need plenty tools to understand what the market is capable of doing anytime with a good accuracy level. When we do something consistently, there is a level we are going to get to that would make things easier for us.