Bitcoin Forum

Stop following crypto influencers, those of you who like using YouTube videos to pick coins and tokens to invest in you need to hear this, those crypto influencers on YouTube are getting paid to promote those projects they are chilling, why would they promise you 2x or 5x when they aren't part of the team themselves? They did this because that's how they make their own money. He who have hears let him hear.

90% of those YouTubers are doing this for the money but...

1. Not all of them are getting paid, there is one that talks only about IEO launchpad projects, get into the launchpad and sell once trading starts, this way easy 2x is possible.

2. Any project that promised 2x or more can't be trusted, they probably have nothing good to offer and all they can do is use words like this to lure new crypto investors.

Whether or not the influencers are getting paid, people should build the habit of Doing their own research when it comes to investing and trading. You bear the financial risk of your decisions and should not base those decisions on someone else's opinion.

There is no guarantee in cryptocurrencies, so any project that "promises" any type pf growth at all is a huge red flag.

Why stop followign? Didnt you knew that Ive got tons of free airdrops for free like uniswap, 1inch, tokenlon, and some worth airdrops just because Ive followed some of those? Yes there are influencers that only using that for money. But we all knew they are doing that to earn same thing posting from signature campaign here. Its their way on how to monetize their privilege.

We cant deny that some are mostly using it for money but there are some who also helps or give tips on how you earned. Maybe choosing the good one for you to follow might be the key.

Also why blame them its you who execute your choices. Better to be cautious on yourself to be more safe.

Mostly they just doing it for there only thing to get more clicks and subscribers to there Youtube channels.
But there are also a few that dont making it this for this reason and just wanted to get out Information about few things and that people know it.
Also you are right on that , that a lot of them advert and advice for Coins and things they are maybe in.
Not all of them are bad.

Influencers aren't evil people they are just doing their job, instead of this why not create a topic that differentiates good influencers and bad influencers because that's the way it is. . I've made money from few new projects watching YouTube video and shiba inu was one of those projects follow by metahero, I would have never known about these projects if not for influencers.

That would be shilling, and there are different forms. There are people who are paid to promote projects online in a normal manner, and then there are ''influencers'' that out of the gate promise people all of the world's riches if they join the project, because they are the only ones who know this super-secret money-making investment. I would say stay away from the second type, but the first type could be of use because people do find out about different projects through that. Think of it just as another form of marketing, the only difference is that we have become desensitized by regular paid promotions.

Not only YouTube celebrities/crypto influencers, but don't take investment advice from anonymous people on the Internet, always be skeptical and do your own research.
If we ignore scammers and paid promotion we can say:

 - Most analysts are looking for news that visitors need, meaning
    >> for example, if Bitcoin rises by 10%, they will be forced to talk about it because it has become a hot topic and will increase views.
 - What viewers are asking for, many channels have added news about DogeCoin due to Elon Musk's talk about it.

In general, if you do not have experience and know what you are doing, it is better to just buy Bitcoin.

They are unreliable, many of them lead many investors astray in October 2021 saying BTC is going 100k that they should start buying this token and that coin but in the end history failed to repeat itself..smart influencers always play safe but many talk like a time machine.

I don't get it why people keep following crypto influencers even though its already obvious that they are paid getting promotion and featured those crypto things to their channel but not all of the youtubers and influencers are doing it just for the money some these people would like to help others to have earning we know its pandemic hard to get money and airdrops is one of possible way to earn money even its a small amount it helps to the person who gives effort. There are two sides of influencers the person just want to earn through views and the person want to help.

This is the fact the most of the people are ignoring while following these so called crypto influencers who are not more than puppet of the projects promoting some shitcoins to the audience who is interested in his crap talk.They are just being paid for their reach and then people invest blindly in them and then loose their funds so stay away from them in first instance.

This is the recent example of this :


Source :  Youtuber crypto rug pull  (https://kotaku.com/youtube-twitch-streamer-ice-poseidon-stole-money-crypto-1848463229)

People blindly follow them but this is wrong and beleive me most of them don't have knowledge of the market at all and they are only trying to promote some scam coins as they have been paid for it but you need to be awake and invest wisely because it's your fund so rather than making claims later on leave these self proclaimed crypto experts.

Invest in Bitcoin if you can but through legit ways only.

Sigh! I'm surprised that few comments on here are still taking influencers side after all the damages those influencers have done on our new crypto investors, I have someone who called crypto a scam till this day because of a influencer on YouTube, he lost all his money and the funny part is the token is a scam project.

Influencers are humans. Humans are prone to mistakes and errors. The crypto industry is a highly speculative one. Speculation deals with guesses. Influencers can fail at speculations but that doesn't mean they won't get it right sometimes. I think I've been lucky to have picked one or two tokens from online influencers that did well. So, I won't be quick to give them a blanket condemnation as such. The caveat to all this is to never invest any amount you will miss.

I think it would depend on the crypto influencer you are following. I know that some crypto influencers dive into suitable projects and even promote them even if they are not paid because that's how good the project is. Of course, there's a side note in which they are doing it because they are also holding that token for their sake but as long as you understand the discussion the influencer presents, make your personal decision whether you will follow it.

Most of the time, your statement is true. They shill for different projects including shitcoin just because they want to get paid only. They care nothing about the project and the investor. But there are exceptions too. I know one guy from our local who isn't influenced by any project. He creates video to teach people, he creates video to help people to pick the right project instead of a scammy one.

They simply take advantage of human's greed to make money and those youtubers are getting paid for what they are doing and actually they have disclaimer somewhere because YouTube terms says that so its our responsibility to how can we tackle the influencers and stay away from thise traps.

Other than that, some of these crypto influencers uses their "influence" so they can also earn through them... referral... or they are one of the early investors of the project so they want to try hyping the project. Luckily, not all crpyto influencers are not like that, I also able to watch other youtubers that always remind their viewer about the risks, not just the gain and everything.

If you follow good crypto influencers who can teach you about basics, advanced knowledge in crypto, that's good and you should maintain it.

If you follow crypto influencers who only make you hyped, with promise to get rich quickly, let's be very careful. The crypto market is not an easy one for you to join, win and enjoy your life.

It is a harsh market and if you are inexperienced, greed, emotional, you will very likely belong to more than 80% losers in this market. Influencers mostly don't help you to protect your capital. When you realize that, you already lose your capital.

There are good crypto influencers are get paid like OP said but dont lead people astray, they try protecting their own reputation online and they always warn investors to do their own research before investing in any projects they made mention, I think they've played save enough.

It's shilling by the way, OP and this has been happening in Youtube for quite some time already. It's not just crypto but also to many reviews of a crap product that they're obviously paid for promoting it.
Youtube does not do anything about this sadly and with the disappearance of dislike button ( though I heard some chrome extensions for workarounds), we're blinded if the video is informative or pure BS.

Everyone is aware that the majority of crypto influencers are paid influencers, but the younger generation does not want to perform research and instead prefers to follow someone who does research for them. Actually, they invest in trust rather than research, despite the fact that their own research is always good. Because losing, based on my own study, is vastly superior to trusting someone.

Job?
Their job is at shilling for some shitcoins that they know it can and it will end badly for all investors.
It's not their "job", they are getting paid to advertise stuff and to deceive poeple.


Yeah, bs!
A lot of them don't care about their reputation when it is completely outweighed by the possible gain from some token.
Why do you think all those influencers are on youtube, to help everyone get rich or to get a ton of money themselves?
If youtube will stop monetizing clips that offer financial advice as they have a few times warned they might do some of those influences will suddenly give up and search for another money-making scheme.

Reputation? If you're barely making the minimum wage and somebody comes at you with 1 million to shill your project do you think you will start doing a complete research on it or just grab the money and start doing non-stop videos about it?
Look at all the bounty managers here, look at all the projects they've taken, how many of those are still alive even if they have paid the bounty for the army of shills? Thousand over thousands of dead coins and nobody is bothered by "reputation".

It is just like depending on an individual to tell you how to spend your own currency. This so called influencers didn't fall from the sky with their analysis. They were either paid to promote a project or might be doing it out of free will but no matter the motive every investor should be able to carry out their own research prior to any sort of investment. No one is 100% accurate about the market so take responsibility of your investment decisions

If you follow crypto influencers, you will have to face losses in the long run. Because they present crypto in a way that sends the wrong message about crypto to new crypto investors. New investors in most cases think that crypto is a means to make a quick profit which is a misconception.

Every time I follow these influencers, I suffer huge losses, because these influencers take money from the crypto project team and promote those specific projects.

If you can recognize a good and bad influencers already then you are doing the right thing which is doing your own research. That's just the basics and not all people would recognize a good and a bad one but some of the replies above are helpful to recognize a good and a bad one. Most Youtubers are only interested of the views that's why if you recognize they were talking more nonsense ang BS then stop listening to them already they aren't worth it to listen till the end.

YouTubers like shilling crappy tokens and meme coins that's how I find shiba though but majority of others are shitcoins, the good influencers are those that choose tokens and tell you to do your own research before investing money on them.

From my observations, i think total novices who want to get rich quick via crypto are more often than not victims of many of this shit projects hyped by influencers, if you talk about crypto to people who do not really understand the network, they immediately have this urge to make money, they start to feel they can make some quick/fast money out of this, knowledge never comes first for them. Thus for such people they will like the idea when someone makes a video promising them they'll make huge returns, they immediately jump on it and learn their lessons the hard way. DYOR can't be overemphasized in this network of ours.

Social media platforms are one of the most common visited by people to keep entertained. Still, those platforms too offer the people wants such as cryptocurrency; of course, newbies would like to learn how people earn with this money that is not tangible; of course, the influencers and the platform marketing would like to promote they will reach out to these people and now they are getting paid for this kind of action to encourage, in some cases the influencer not care to its viewers and keep the money to their account through promotions. Some of them tend because they want other people or their viewers to earn too, so choose where the influence helps you.

As in all things, there are the good, the bad and the ugly, you have just choose who to follow. Some influencers actually share useful information and a few have insider info about projects they share with their audience.

The word influencer itself means one who influences others and being in crypto doesn't require you to be influenced.
Owning a cryptocurrency requires awareness of what you are holding and how and when you have to use it.
You have to do it all by yourself. If you are following a crypto influencer then there's basically no point of holding crypto at first place.

This tip also applies in general to scams being advertised throughout the internet. It takes lots and various of forms which can be extremely appealing to newbies who have little-to-no experience transacting into cryptocurrencies.

Unfortunately, cryptocurrency influencers have the power to compel their viewers to invest in a certain project due to this illusion that they know better than them. Instead of watching crypto influencers, you can listen to various YouTubers who explain investing without even forcing or telling you to invest in a certain project. In this way, you are not just learning but you are also avoiding being scammed at the same time.

I basically agree with you, but not 100%.
Honestly, so far, I am still following certain crypto influencers that I exactly beleive. Because they are not kind of the influencers that always suggest us to invest in certain coins or projects or will influence us very much with big promises (but zero value).
If they are sharing their thoughts on social media or YouTube, they give certain information, and also share certain news about the crypto world, I can just get it to be one of my cosndieration.
So, it may also depend on what we are doing. If only follow the influencers as part of considerations, I think it is no problem. But, if we only depend on the influencer and make no difference on what they are always doing, this may be false because we don't have our own cosndieration and analysis.
Just take the advantages and throw what things that make us not wnat to

It depends on the cryptocurrency influencer you be able to come in contact, crypto influencer can be described from two different perspectives such as positive influencer [ good influencer ] and negative influencer [ bad influencer ] depends on the one you fall into.

So when we emphasised on positive influencer we are talking of people who will bring other people into cryptocurrency and pass the knowledge of crypto unto people without having a double mind or the mindset of scamming, so those people shows the practical examples cryptocurrency with support of fundraising in order elevate you to follow cryptocurrency life span.

A negative crypto influencer in other way round is actually emphasising or put fingers at someone who has negative mindset by influencing people in a quantum numbers in order to scam them and make away with surplus funds. So those bad influencer's  primary target or objectives is to scam people.

there's nothing wrong with following influencer and wrong when we follow without DYOR, and when we see influencer thats become additional information for our analysis. it all depends on our choice

I learn a lot of information from them as well but it's not good to really listen to all of thier advice. Just like you said you have to do the DYOR after the things they are shilling. What I beginners will likely be good to listen to are those channels from cointelegraph or coindesk youtube channel.

Somehow for me, I find good channels to watch on youtube like the Boombust, Mark Moss, and Keiser Report.

for me influencer that i follow not only on youtube bu also on twitter and maybe some telegram channel, because that's my information on coins

and thank you for the channel suggestion, this is additional informasi for me

I think the OP's idea is generally correct, although taken strictly speaking it would be false. I follow some and I get others from time to time on YouTube. The only thing is that the information they tell me is extra information never the only information I take for my investment decisions. Besides, I don't play to buy and sell shitcoins, so I don't even listen to the information they may give about buying and selling a shitcoin. One that I like is Toys'rUs, who usually starts talking about Bitcoin, and when he moves on to shitcoins, I change the channel.

I've followed many crypto influencers on YouTube and only very few of them know what they are doing, they don't just talk or direct people to buy some tokens for profits they work on predictions and tell you what may or may not happen in near future, there is no guarantee in crypto space that should be on every investors mind.

Actually you should not stay away from crypto influencers and i will tell you why.
All of them are paid actors and they try to hype a project that is dead.
If the project itself was good and has any value it won't need any influencers.
By that said, you should follow the crypto influencers and stay away from each project they promote.
99.99% of the good projects won't hire influencers to promote their project.
So when you see influencer promoting something stay away from it.
It is just paid promotion of something that not goes good

actually nothing is wrong by following crypto influencer because i know that bitcoin influencer will give you the necessary information that required to progress with bitcoin and other cryptocurrencies, but another thing is that those influencer's can put you into trouble if they really have negativity in mind, indecencies that they can be a trap influencer, some hype project that is not potential because they paid to do so, so it's not all informations you obtain from influencer are cogent.

If we cannot filter what they share, if we want only follow what they do, yes of course, it is better to stay away from infleuncer.
Because sometimes, we are only dependent on them without willing to search for any other information that may be pros or cons of the statement, prediction, sharing, information, or other infleunces.
Actually, not every following influencer will give negative impact as long as we exactly know and understand how to differentiate and filter what they say or infleunce. We cannot follow them always. But we can take some information if this is exactly needed for certain decision, but not the guarantee

Stay away from crypto influencers, if you have no mind of your own.Most of them are out for selfish benefits and will never reflect your interest even thought they act as though they want to help. If you follow them blindly, be ready not to make enough gain, you may even loose everything you have suffered to gather. Just be careful with them, many have bitter experiences.

Yea, exactly. Any cryptocurrency influencers do not make the video for free and they require a high fee from the project. It doesn't matter for them whether the project is worst or whatever. They need just money, they are earning from the projects, and at the same time, they are earning from Google ads. Influencers never care about viewers. Even they manipulate views and comments to influence real viewers and attract projects to hire them. So yes, it's better to stay away from them. Use your brain and research yourself.

Well if it is paid shill, they would take it. It adds up to their image also sometimes making a non-crypto influencer into a crypto influencer. In Youtube platform, it is already quite common to those spam accounts to have a paid subscribers, like bots or even a bought channel which I think happens a lot especially that incident in fake Binance Youtube Channel that scammed a lot of people even though they had a lot of subscribers.

They are paid shill the same as any bounty hunter. Unlike bounty hunters, youtube influencers offer more benefits. For example, it's much easier to cooperate with a few influencers than 500-1000 hunters, where is most of them totally trash and his work does not worth one single dollar. Next, their work is easy to follow and have an insight into success, while it is very questionable how to track the contribution of spamming on social networks with posts like "good project"...

Yes, he takes money for his work, but why would they do it for free?
To be clear, I don't follow any YouTubers at all or even watch what they have to say. always prefer textual content rather to video.

I prefer video format to text, so Youtubers are my main source of information. Is there any of them who you can recommend? Currently, I follow Crypto Casey for explanations and coin bureau for information.

If you're a beginner and want to learn more about crypto basics, animations are usually a good way to consume lots of information. You can check out (https://www.youtube.com/watch?v=kNAC7CXFOTw&t) they simplify it down to the maximum, so it's easy to understand.

It's okay to follow them, watch their tutorials or content, follow their crypto journey and all but never worship them to the point that everything they recommend and suggest you follow them. When doing so, always support it with your own research and peer-review by your mentor (if you have one) or a friend that is also doing crypto. Crypto influncers are taking advantage the people who are new to the crypto community that is why many are being FOMO, eventually they will disregard doing some research knowing that some projects are not guaranteed of rug-proof.

You are wrong, I've followed many crypto YouTube channels and I'm able to make money off them, some are experienced and some aren't you just have to find the good ones to follow, that's all.

It's true, not all influencers are bad but not all are good either. However, OP already explained that "mostly or can be called 99%", good cryptocurrencies don't need influencers to attract attention, i believe that, they just need to proof us if they have a good project and plans. If you profit because of influencers, then congratulations to you. But remember, the more often influencers promote projects, they will take an affiliate for profits, it is not impossible from those who only want to share to become concerned with profit for themselves. In my country there is a similiar case, at first this influencer seemed to just want to share, but now, he is a suspect in a fraudulent investment case. so be careful, DYOR/DWYOR

Creating FOMO is the main goal of influencers because there are products or coins that they recommend. Some influencers do openly promote it. and some make predictions using technical analysis, this is certainly better than just speculating without any research or analysis first.
People who are new to crypto will swallow what influencers say without doing analysis, because it requires an instant method.

Thanks for the advice but we see things differently, crypto influencers have done a good job in my life since 2021 and I'm very picky when choosing influencers to follow, also just because a influencer shill a token doesn't mean it's buying season you need to be confused enough before buying and that's where doing your own research is important.

Not all crytpto influencers are bad and not all are good too, the things is that one should be able Identify the good ones from the bad because if all influencers are seen to be bad their are opportunities that can be missed by not giving attention and if all crypto influencers are seen to be good that can lead one going into bad hands. So it's up to every individual to know who the real crypto influencers is .

No need to stay away from it and just make it a positive addition to knowledge. Sometimes there are things that are important for us to take from the few minutes of explanation in their videos. What matters is your own research into participating in crypto.
They do get paid to promote crypto projects and I think we understand very well.

If you are trying to seek important knowledge best to seek out from the people who really know what they are doing, there is no reason to cherry-pick the important things while most of their contents are utter shit. After all, it would waste your time considering you got to spend a lot of time while only getting a few minutes of important pieces of knowledge.

While there is nothing absolutely wrong to shill some project or getting an incentive, pretty much the content itself is biased. Surely I won't seek knowledge from someone who has hidden motives.

That is true stay away from those users who are introducing new coins and promising that it will pump to 3x to 100x those influencers or video content creators are not investors and they are just paid to create a video to make a noise online and to encourage new investors who are looking for a quick money and easily manipulated but I do follow and respect content creators who teaches trading, making analysis and explaining how they come up with that analysis and something like that but never to the "influencers".

We really don't decide to choose coins based on other people's opinions, especially YouTubers who promote new projects must be careful with this.
Because after all the risk of investing in new projects is very high, even if the pump price is high, but it happens very quickly. The increase did not
last long, then the next soon the price of these new projects will fall quite deep. The problem is that most new projects if the price has fallen,
it takes a very long time for the price to recover again, or even some new projects that end up being shitcoins.

Therefore, don't be easily tempted by the profits promised by YouTubers, they are indeed paid to attract the attention of many people, so that in the end
many people will buy the coins promoted by the YouTuber. So if we want to get useful knowledge, choose influencers who often provide education,
not influencers who promote new projects. Because not all YouTubers are bad, there are some YouTubers who do provide very good education,
to make us understand the crypto world better. So it doesn't matter if we look for information from anywhere, the most important thing is to filter out
good information and ignore misleading information. After we get information from many sources that we think are reliable, we can examine it in detail,
so we can conclude whether the project is worth buying or not.

I think not all influencers should be shunned some just want to make a sponsor video for their project.
But, some others educate about blockchain technology, cryptocurrency, DeFi, Airdrop, NFT, Trading, Investments.
they are good influencers to follow and learn what they have to say. It's very rare that there are influencers like that,
but some of them are already making money through youtube ads so they provide genuine education and provide promotions for any project.

It's already a fact, if you look at bounty campaigns you will see that bounty managers are offering Youtube influencers to create Youtube for their project in exchange for their token there are projects that hire Youtube influencers to promote their project, you can see that in the service section on Fiverr or project manager directly offering to influencers, don't listen to these so-called influencers a paid promotion will give you bias reviews.

They will provide information, maybe they will hype it a lot but as long as they provide correct information, they are worth listening. If you are an investor who do due diligence, you will not only listen to their statement, instead, you will also find different sources before you will decide to invest.

Crypto influencers are talented, they are doing their job for money accepted but some of them knows what they are doing, a crypto newbie can learn alot from crypto influencers, they give reasons why they feel that a token is good and that my dear is a good way to start your crypto journey, do your own research and apply wisdom when learning from others.

why ? i think Influencers are only human beings who make a living by promoting goods and services, so all it really comes back to each one of them in taking investment actions.

it's true because there really is work like in this forum from the start I knew there was a bounty youtube campaign and with technological advances now coupled with tiktok, so please don't blame crypto influencers if you have experienced failure because you invest without research,  only with  follow  the influencer says

I think for a long time and many people know that these are only talking heads and they can't give any valuable information.Their task is just advertising and nothing more.their main task is to make money and there is no charitable purpose there, I am more than sure of it.

Aside from getting rid of crypto influencers, it would be better to learn about crypto continuously because if we already know a lot about it, we won't easily believe shillers and hypers. Most crypto influencers these days are just endorsing coins for money so we have to be careful and observant. Being knowledgeable is always an edge.

Most of the influencers I know accept money for sharing something. I have talked about this at length many times before, if you are investing into something because the influencer got paid, you are only losing money to recover what the project has paid for the influencer.

You are basically a tool for the project to make the money back. Which is why you should always stay away from influencers, there is nothing that you could do that is said by an influencer and makes you money. It is a bad idea and it will end up with you losing all of your money. I personally do not follow any of them, because there is nothing they can contribute to me.

In crypto, you can see and hear a lot of influencers that are giving away all their crypto strategies to win in such trades and makes profit in investing. The problem is most of those strategies are not really working in the real word of trading because they were never really experts in trading. But they acted as if they know everything in crypto, and when a newbie sees or hears it, he will automatically apply it without even researching first and lose his capital eventually. This is why all are required to DYOR first because you cannot entrust your success to others. Influencers are just here to prolong losses and nothing else. If you want to succeed and be profitable, trust yourself and work hard. Everything will paid off in the end that makes you a good trader and investor.

There's no better way to trade and become successful than to learn it all by yourself and let experience mold you of what you want to become. Crypto influencers are nothing compared to your own experience and they are just here for their own profitable gains. Learning and experience are the only things we need in crypto, and those promises that crypto influencers made are just some part of their tricks so they can attract people who tend to have less knowledge in crypto. So being knowledgeable in everything will always bring advantage to us.

I listen to them sometimes, just to get an idea about the market but of course I didn’t follow them easily without confirming what they are saying, its ok to listen but its still better to analyze the market on your own. We should always remember that they are being paid for doing that, its part of the advertisement and we should not trust them easily.

Absolutely.

These influencers can even disguised as educators on Youtube or whatnot, so you really need to ensure that where you get your information is legitimate.

If a particular projects is reliant on influencers to do their marketing, you are almost guaranteed to get a crappy project as:
a) Their dev funds have largely gone to the influencers and
b) They know that their project will have no real adopters other than the people who buy in on the hype.

I think the way you approach the market tells you those problems. Actually, when the KOLs do the reviews around the project, you also need to understand that they are just the people who recommend the project to you. There are many tricks to get users to follow and invest in KOLs, but no one is forcing you to if you don't want to. So, DYOR always considers that only fools believe the baseless words on the internet. :)

I personally don't really care if they get paid or not in this case but it comes back to ourselves.
When indeed we are always dependent on others, then indeed we cannot blame others when things are not in line with expectations.
The analogy is that they only work and peddle the products they offer in order to attract people's attention.
The problem is that we are too focused on what is being said so that we don't do research first which gets us stuck.
When we get caught up in that, it's actually us that are wrong because we're too stupid to believe in it without any research there first

I am fed up with the views that guide the thinking and behavior of many people. Invest in themselves and seek knowledge, but putting their trust in influencers while uncertain about their abilities is no reason to believe it. Don't deceive yourself with bigotry and greed. It's better to make your own judgment. Don't blame anyone because you can choose for yourself.

It's absolutely true what you say mate, because people who doubt their own abilities will not always benefit and get better over time, especially if they always rely on the words and directions of influencers who basically are looking for their own profit themselves without thinking that many people will lose what they (influencers) say.

I never even followed anyone and chose to stay that way. Actually maybe some of them really provide useful information about crypto for example when discussing about a new project what he conveys has been through research and not because he is paid but unfortunately it is difficult to find influencers like that and maybe we already suspect he is the same as others who speak only because they are paid so they think all influencers are the same.

Not only on YouTube, almost all existing social media influencers are paid to make their projects grow, investments can't just take references from them, because what they do is only to attract people's interest in starting investments, when someone starts to understand and like investing , basic things must be learned first, otherwise the investment started will just be in vain, not many people are successful based on the experiences shared by existing social media influencers

Well, this is a sneaky ploy that the project shows is just looking for hype and then running away.
Although not all cryptocurrency channels are bad, but if he only promotes a certain party
by offering high profits of course it is a crime that can harm many people.
Unfortunately, their target is ordinary people who are usually lured by the lure of getting rich quickly,
finally they are interested in buying and will cry when it doesn't match what they hear.

It doesn't matter whether they are on youtube or other platforms, the question is, are crypto investors even trying to do the bearest minimum of researching the projects they hear others talking about? People come in here every day asking for what projects to invest in and I see others giving ideas and that's the same thing like those influencers on youtube  too but it is left for the investor to check out the project they intend to invest in.

More specifically, staying away from people with such behavior. I think equating all influencers is not correct. While it is clear that it is a matter of your early judgment on those projects, the experience you gain will help you understand the nature of the particular cases. I think after that you will be mature enough to be able to make your own assessment of that project.

The average bounty has a youtube video campaign and almost all youtube video campaigns have participants participating. So they work on promoting the project in the hope of getting paid after the program ends.
There are also those who make youtube videos with content discussing procedures for finding good crypto projects with the aim of getting paid from the audience.
Do your research so you don't get stuck with them.

I tried to watch some crypto influencers on Youtube that is talking about different projects but I'm not following what they are saying. Maybe I'm just watching it just because I just want to watch that's all :D. Unfortunately, these crypto influencers have a huge reach in their respective channels that is why there are some who are just following what they are saying and they will follow them until they suffer a loss.

Either way, following the advices or the projects they are saying of these crypto influencers are a bad idea but just do your own research if you want to or maybe the best thing to do if you are lazy doing research is just focus on top 10 coins but being lazy most of the time will lead you to losses :).

Gone are the days when influencers protect their reputation and only promote projects with high potential but now it's all money, they don't care if the project is useless or with zero potential all they want is money that these developers are paying, I agree with you we should set up our own criteria and our own research you can watch and read what they are saying but it's your own criteria that matters.
Take 1XBIT, for example, it's a scam casino but still, many Youtube influencers are promoting this on their channels if they can be good in analysis you can also be good in the analysis except that you will be better because you are investing with your own money.

though content creation bounties are no longer popular especially here in forum, some influencers with most views and followers are mostly contacted by the team or what they call now collaboration wherein they will be paid depending on the contract some offers token and some content creator directly contact the team in exchange with tokens it will depend now to the team if they will do the collaboration with them.

Slowly people who are destroyed because of influencers will realize that it is not sweet what coin promo people say, one to be self-aware. newbie switch independent how to correct altcoins properly not rely too much on a stranger. I've been in a position like that.?

Influencers don't trust me either, I don't have anyone I follow. Influencers either get paid to promote or have already invested, we all know that. We all know that he does not introduce you anything by doing research without expecting anything in return.
However, there are still a lot of people who will invest in the coins they are talking about, and we should not forget that. Sometimes I think it creates a chance to make money :)

I bet 99% of those influencers don't even know what blockchain or crypto currencies are. They don't even know what they are promoting. They get paid, they start saying scripted shit about how cool that coin is and how fast it can make you rich and so on. And sadly there are people that follow those influencers and falls for their trap.
Even if you are following an influencer that makes legit contents, make sure do your own research before making any investment or you will end up losing everything.

It is absolutely right many YouTube or Other Social Media Influencers get paid for a video or post.
It will be better to not follow them and start your own research, by this you can learn a lot about new projects, about crypto market and many more information.

We are watching them coz we the interest to listen to them, in fact, we gain ideas from them as well. Well, some are just telling the truth and some are not, it comes to be usual as these Youtubers might be got paid to promote and some base on their experience.

I'd listen to those influences that I feel are right, that I feel they have the real background in trading or in investing. To follow them is not a wrong idea but what went wrong is to follow people who are telling lies. As traders, we know exactly whose telling the fact but if we are noobs, that is something difficult.

i've never heard of anyone investing following advice from crypto influencers on youtube and TikTok profiting, in fact, most of them are losing.  they are just doing their job ^{(paid with advertisements or trying to make money from showtime)}, whatever they say, don't believe it easily, if you have already followed their advice then act wisely.

I agree to this, however, the investment must be safe from manipulation by influencers. In other words, the influencer tells us to buy X tokens while he has already bought it. So when we follow the instructions and then the price goes up due to a surge in buyer demand, the influencer makes a sale from the demand he has influenced his followers. Doesn't this violate the concept of financial freedom?

true! Most of them are paid to advertise a crypto project, wherein they just pretending that most of their speculation are correct because when they provide information they are seems experts when it comes such thing even it's clearly that they are not base on their background.

It's always too good to be true, so must learn more about crypto projects such how to pick good coin because that's the most important ti prevent losses from scam projects..stay away from influencer that obviously most of their content are click bait!

Good projects grow gradually and never claim 2X - 5X of growth So I don't believe in the crypto influencers and not follow anyone because I always believe the coin we analyze ourselves can give good returns rather than believing in others' choices. Most of the influencers get money to speak about the coins they promote. The best way is to focus on the movement of 4-5 coins daily for 1-2 months then select which is the best I always keep an eye on the movement of the coin that I wanted to trade so that I can reduce the risk of loss.

Partnership with those influencers do not even cost that much. You can get a lot of them for just 100-200 dollars, and even the most expensive ones charge like 5k, which for a company at a huge size that require something like that would be able to pay anyway. If you have an NFT that you are selling for 1 sol each at 10k collection, you are making like 1 million dollars, so 5k is not big.

At the end of the day, why pay thousands of people who people will ignore and devalue your project, when you can pay some influencers very small amount and get a lot more attention? As a marketing person I can tell you that influencers should not be listened by investors, but they do.

Crypto influencers are actually manipulators or part of the team that manipulates the market they are whales or signal teams whose goal is to make money out of little investors, you are sure to lose if you take their advice blindly without doing research, I was blinded by these influencers into investing Meme coin, after investing I lose 50% of my investment on that meme coin.

I always try to research myself ,not to follow the inferencer .I am agree with you ,They do everything for promoting a project which are they paid for .So they can even promote a shit project if they paid it for .Some of them are doing it professionally .So it will be better to ignore them .I think we should need to research yourself before invest on any project .There is no guarantee that any project gives you this kind of return ,Only a strong project have that potentiality .So that i wanna suggest you to research yourself if you still believe them,Make your confidence about the project you wanna invest .

Crypto influencers and YouTubers are not the issue. I personally don't see any harm in what they do, the cryptocurrency industry is decentralized and everyone is entitled to their opinion. It's always a better idea to verify information before running with it. The importance of DYOR cannot be overemphasised as your funds are yours to invest.

That's right, not all influencers deceive their users, there are also many influencers who provide benefits for their users, in my opinion before joining as an influencer, you should do an in-depth analysis first, this is to avoid influencers who want to fraud my opinion, if we follow the right influencers, we will get big benefits from these influencers, it's the same with choosing projects in crypto, some are successful and some are not.

Well, if like that then it's not only for influencers but other people too even your friends who promote a coin to you with a big return probably they're lying about it. We should know when it comes to a PONZI scheme or a really good investment project. They only share their referral code and hope people who don't understand to join to get free money  :P.

Honestly speaking, I have already experienced these bad things in my life. Though I didn't follow many YouTube channels, those recommended for investment, I did follow a few, two of which were free-earning YouTube channels. And one is who teaches us trading and market conditions. And because of him now, I will not follow any influencers. Whatever anyone said, I didn't care. I did my research by myself, then I took my decision. Actually, I totally avoid all Twitter influencers because I already got trapped by their tweets and invested in 2 projects, which are now the worst resilent giving coins in my portfolio. Now I have made my decision and do not need to blame anyone. That's all there is to it, and I've learned one thing: it's their job to promote a project, but they didn't force us to invest; they simply said there's another project.So, in this case, we must choose our own path to invest in any project, as well as conduct our own research.Thank you.

Yup why not, paid media everywhere these days. In fact there is also competition between the two projects as to who will pay most to an influencer so that they can get the spots. Just like the bidding which occurs to get the highest slot on the forum advertising banner. For multimedia like YouTube and other social platforms they pay insane amount of money. Sadly in the process they get the money from scam projects also. Because they talk what is being scripted for them as they are getting paid anyways. In addition to this they keep getting the subscription and followers too so what they have to loose even when they lie about it.

I never believed the information that comes in a large stream from different channels and social networks. You can talk a lot, but it's better to believe your own careful analysis.

Most of the influencers are getting paid and are part of the market manipulators, Elon Musk was also an Influencer and market manipulator for doge in the cycle and these is base on the highest bidder, he was a whale that sold well. They might not go for old coin, it might be new, so traders might need to know the level of dispersal of the coin and decide its profit taking plan early.

Agree! Undeniably most influencers are getting some money to promote some scam projects. Besides, there are still influencers, bringing benefits to users.
Be very selective before following an influencer and do our own research and make a decision together,the money is ours so don't listen to anyone.

The cryptocurrency youtubers are shillers and like any other influencer on social media they offer promotion to new projects and most of them don't research if the project is good or not. They just go for the funds and accept money for Giveaway so as to keep their audience active. I don't think someone should take advise from them in the first place unless they don't know much about cryptocurrency or they depend on them for information and updates.

I think we also need to know who the influencers are because if they are truly competent in the crypto world, maybe we can try to do some research before joining.
because as you said many of the existing projects use influencers as a promotional event without knowing what they are like,
we must continue to be careful and it all depends on ourselves

It is hard to find legit users who review the product, most of the so called influencers will take money and then advertise the product and you can call it as part of marketing but the fees some of these influencers ask are ridiculous and i would say it is an easy job. I know a few influencers who created their online identity that spend a lot of money to build a huge social media following and now earning the benefit squeezing projects in the name of influencing. I would say, to avoid these paid shills.

No, they are not. The way they look for money is different.
- Crypto influencers are just like social media influencers, sometimes they use their popularity in order to gain attractions and able other people to trust them for what they say. They usually get paid for what they are doing. Well, most of them are fake, might some of them have deep knowledge about crypto but the majority of them don't have.

- Bounty hunters are not influencing any, they usually get paid from worthless projects.

Well, there are still crypto influencers who are knowledgeable in their field and those proves that they are still worth to be followed. But in most cases nowadays, most of them have turned to be more greedy and more driven with their own profits. So they tend to have less focus on the project that they are promoting and end up shilling only in the market. These are the types of influencers that we need to avoid because they are leading us only to losses because of wrong information. And while its hard to trace whether they are well knowledgeable or not, its better be safe by staying away from them and stand on your own market analysis and predictions.

You also need to mention the two new coins so that he can understand and be guided by the statement you say because there are often people who give advice to others but the main point is not stated clearly so that those who receive suggestions are also confused about what steps and decisions to make.
So try to give complete advice so that everyone who reads it can immediately understand what you mean.

Influencers are humans and as such, they can make mistakes and inaccurate decisions. Ordinarily, as a matured person, you have to make your own decisions. The project the influencer is promoting as well as the Influencer himself/herself need to be researched. While you take note of the influencer's choice, you have to make your own decision by making a research. You will be the one to spend the money to invest, so if the project crashes, you lose, if it succeeds, you gain. Take some time to investigate the project since money is involved and make a wise choice. While the influencer spots out the crypto project, it is left for you to decide.

Indeed they are humans and make mistakes. But they earn through their influence. That is why I havent seen any successful project that was suggested by influencer. I can draw parallels with politicians. They also promise a lot, but fulfill only a part of their promises. Same influencers does. They promise project would be successful, demanded, raise funds, listed, its alts price would grow. But in the end we get a project that only raised funds and becomes abandoned.

Yes, they don't in the long run but these influencers can't deny how they create hypes like Elon Musk. We can't easily forget what he did and so many influencers did like this. Why do we have to stay away from them? It is because they are not helping us, they are just tricking us and making us lose because in their mind is all about making money from innocent people. Thus, if we care about the future of our investment, we better not follow them, we have to do our own searches.

Not all influencers are like that. But yes most of them are doing it for either money, a free NFT, etc. However, I don’t like influencers who are having “clickbait” misleading titles such as “BTC to moon 1000x this 2022” or something like that. Yes for sure clickbaits are effective to increase CTR, but in the end it’ll be a disappointment for those who are expecting it.

It’s better to be realistic like upload videos regarding educational stuff about crypto, blockchain, etc., making tutorials, tips and tricks, play-to-earn secrets or something like that. The CTR may not be as strong, but the long-term viewership would be much more worth it in the end.

Yes, so many projects these days do pay YouTubers to post videos about them so that they will be able to reach a wider audience. It’s kind of becoming regular these days and you would see so many videos of YouTubers hyping coins and tokens that you have never even heard of before, and they will be talking about how the coins would reach up to a hundred times or a thousand times profit in the nearest future.

I don’t give my time to all that and most of the times I just prefer to be investing in the old cryptocurrencies in the market such as ethereum and bitcoin.  These old cryptocurrencies are usually the safest assets that you can invest in.

I believe some of these influencers are contracted by the project manager to hype their tokens in a bid to trick or deceive unsuspecting investors by making fake predictions, of course a lot of newbies with a mindset of earning huge profits quickly will fall for this hype, that is why I do emphasize doing your own research before investing in any project that promises 5x and 10x profits, following those influencers blindly will lead to a massive loss of investment knowing that cryptocurrencies is flooded with scam projects with a wide coverage of marketing and publicity that portray them as genuine or real.

Influencers just speculate about possible results and outcomes of crypto projects, but they can't predict anything accurately anyway. The point is that they talk as they could, because they put a lot of emphasys and persuasion on their statements, what makes many people, especially the most naive ones, see them as crypto market's specialists. I don't know how many of them are getting paid to promote specifical projects, but their goal is to at least grow their youtube channels with subscribers and likes to increase the revenue and popularity, what can considerably put them on the radar of some developers looking for influencers to promote their tokens or platforms.

They really are taking the advantage of the people of what they can market. If they have fans that they can capitalize with, these platforms will certainly no doubt going to contact and use them to advertise their platforms. And eventually, these influencers would be money hungry as they've earned easy advertising the platform that have contacted them and the same goes for the crypto projects that are too many out there.
You also have to check on the influencers you are watching because it's likely that you can be a blind follower of them.

Yeah you are right. I stopped now following any influencers. They are just making their own money.
Some YouTubers are very clever. They will create one video for top 20 best metaverse coins and then make another for 10 best exchange coins and then top 10 play to earn,top 10 web c 3.0 coins.
When any coin up 20% , they will make post on telegram " Check Guys i told you this coin in this video " totally fraud and their mission is only to get view and sub

not all influencers have that character, some influencers also make studies and
analyze every video they make, so not all of them have the same way of making videos, indeed most influencers are right as you say, but there are also influencers who have good character in making a video, based on facts and special studies, but to choose investment does not have to completely depend on them, because the analysis itself is also very much needed

If you are following legit ones that are sharing their own opinions and not get anything in return, then you could be fine and there is no problems with that. However, we are talking about doing something a bit different here, we are talking about literally just getting a good amount of shilling posts in most of them as well.

I can tell you that people like rodrigo_hodl, tyler, bitboy crypto, who are all in range of a million followers end up getting paid to promote your coin. They may end up rejecting an offer based on money but I doubt they would reject it on based on scam. So, I feel like if you have enough money, all these big names are still dangerous to follow.

I am not the type of investor that goes to YouTube to listen to what YouTubers has to say about cryptocurrencies in the market. Mainly I prefer to do my own research on any coin that I see, to know whether I am to consider it or not.

But, I do see some cryptocurrency influencers on Twitter who do share their opinion about some cryptocurrencies, but I don’t really jump on whatever idea that they are dishing out, I prefer to still do my own research on that particular coins that they have recommended to know if it's really a good option for me or not. YouTubers are usually the worst and I believe that they are doing what they are doing just because of money and to get views on their videos and nothing more. I wouldn't even recommend anyone to be relying on YouTube videos.

it is not wrong following them but you must understand that they are here just to bump whom paying them , but this does not mean that all of their vlogs or psots are not worth investing let us use them as reference for our plans and make our own deep investigation and learning about each coins if worth investing or not.
remember that it is our money so we must be aware of how this work and where this is going,
those influencer wanted to earn money and same us we rigtht? so do your job and let do theirs.

In any case, we as a whole realized they are doing that to acquire same thing posting from signature crusade here. Its their direction on the most proficient method to adapt their honor. I couldn't ever have been aware of these ventures notwithstanding forces to be reckoned with. I would agree that avoid the subsequent sort, yet the primary kind could be useful on the grounds that individuals in all actuality do learn about various tasks through that.

Somewhere I think YouTube influencers are playing an important role to scam innocent people more than scam project team members. This is very disappointing to see these days some popular YouTube influencers are helping to boost up suspicious projects which burden of loss is going to be on new people. We must keep spreading awareness regarding this so that as many innocent people as possible could get alert.

In fact, there is no need to be influenced by others because the things that may work for them do not guarantee to work on us as well. Simply because we do have our own concepts and strategies too on what we think we'll only suit on ourselves. So having our own way to learn is still the best advice.

And in the world of crypto where uncertainty rules, there is no room for promises.

Can you name any case where regular people earned well with a help of influencer? Or point on influencer, who has discovered a project, shared info about it and it turned to be promising and successful?

I understand that is wrong to think that the role of every influencer is to promote and shout-out only positive and they do everything for money. That they are the people that only read what is written in scenario and that is it. But I havent meet anyone who has told "hey, look at this, this will be huge in few weeks, dont miss your chance" and this really turned how it was promised.

Therefore, to carry out investments, not everything has to depend on influencers, at least we must have analysis and knowledge of the coins we want to invest, so that under certain conditions we do not experience big losses, indeed not all influencers have the same thing in promoting several projects, but in the current case, almost all influencers are not objective about their project development

Well, if you think you know now better than any of the crypto influencers in youtube, it makes no sense to follow them because what you will see are not new anymore or you will come across a video that have a false info but you can flag it so that youtube will ban it for misleading people.

This is the only thing that we can do to help clean the community ( both youtube and crypto) also to help newbie go in the right direction. I have no problem with the top 10 or other top videos as long as it was true and based on the coinmarket or coingecko. It's also alright it they make update on telegram, that's for others to know that their predictions are correct.

It is difficult for people to find accurate information about cryptocurrencies. They choose the easy way and become followers of influencers.
No one gives free money to anyone else. Investors should reach the right information about this market and should not act on the word of someone else.

I am super Done with crypto influencer because 4 of my friends had been a  victim by their luring and mislead them to invest in scam projects .
most of the influencer now are being paid shill for specific projects and their reputation is nearly to be ruined by those decisions as the important thing for them is being paid.
so now that i can see their motive and outcomes? i already stopped collaborating and even Blocked them from all of my social media accounts .
let us not become another victims , be mindful and be vigilant because none of them are really concern about our money instead it is their Money that they are only concerned .

There are two important things to note here.

1) the big crypto groups may get money from small projects to create a hype among people. YouTubers are paid good money in order to promote scam projects.

2) the moderate crypto groups may not take any money but they will pick some coins and make attractive videos on them like certain low Satoshi coin may 100x etc. Stay away from such YouTubers also and always DYOR if you want to invest in any coin.

Whether it's a beginner or a long-timer in crypto I think doing your own research is important and don't forget that,
especially with so many projects we don't know which ones are real projects and which ones are fraudulent,
by doing research at least we know the information and are not wrong in buying or investing in coins

Even team can not promise x2, x3 or so because they don't determine the market and how the price of the project will react when it start trading, i agree, it is not a good idea to base investment decision on crypto influencer, it is important as an investor to learn and understand how to find a good and trusted project to invest on. if you can't do this yourself better to use platforms that are dedicated in bringing the best project for their members to invest on, not everyone know how to do their own research, this is why we have launchpad whos objective is to launch good project for their members.
There is also a choice of buying from the top 20 on cmc if you don't want to invest in a new project.
 

I'm sure you guys know Apecoin that's currently trending I came across the news of this token on YouTube thanks to a influencer, I invested at 10$ and sold at 16$ this happened today, not all influencer are bad and it's left for you to make your own choices after hearing about a token.

Research is important for everyone regardless of who he really is, because with this, everyone can certainly find out all the information he needs before making any steps in the crypto space, so it is clear as you say that research is not only intended for research. for newbies only, but for people who are experienced in crypto it should also be considered very important.

Crypto influencers both on YouTube and twitter are deadly, they get paid to shill, they dump on you and start promoting another new project, the circle continues. Sometimes on twitter, they add legit coins that have over perform in the market and at the center add a completely new project they are paid to shill. Where are all the shilled metaverse projects? They are in the pit.

from long ago I already knew that apecoin was good, NFT only cost 10 ETH at that time and limits. and unexpectedly there will be a large number of airdrops for the NFT holders, for me, influencers are not necessarily good. back to ourselves how to deal with and correct accordingly makes us believe and bring profit.

Yeah, some youtubers may tell the potential based on their analysis but if they keep pushing their followers to invest on particular project then you need to realise there is something fishy. No matter how trustable the person is, don't make any investment without doing your own analysis.

If you are a veteran it is even more important for you. Because, we all know that it is not really a free giveaway here and it should be something important for a veteran to not make newbie mistakes at all. Doesn't mean that newbies would not be able to see anything specific, they need to be careful and they could get better of course and they will do better but when you are a newbie making a small amount of mistakes would be fine and shouldn't really be bothered right away.

On the other hand, if you have been here as a veteran for a long time, and make mistakes that only a newbie would do, then it would be a lot more humiliating so veterans need to be a lot more careful.

Sad to hear stories that people in crypto being lured and fooled by these Influencer when what they only Do is make stupid comments just to let people believe in a certain project that will lead them to invest in a wrong manner .
I hate people that spreads Lie to make a living , why not make rightful comment instead of letting people Loss their money while they are gathering for their own pocket.
Yes mate lucky that i am not one of those since i Have a deep understanding on those matter .
damn why not this cross my mind? thank you for the Idea mate and yes i will definitely create something in related to this matter and i will surely share it here for the benefits of many victims and incoming ones .

The most common reasons why you stay in crypto are to make good profits and accumulate more bitcoin, and you cannot achieve these goals if you are only relying from crypto influencers. They're no good for nothing since they only focus on their own desire, to have their own profits.

Crypto does not guarantee huge profits in an instant. Everything will be done by hard work. But being knowledgeable and well skilled in crypto will always give you an advantage to create consistent profits in crypto, even how small or big it is.

Yeah completely agreed.

Use your common sense - why would someone be so anxious to tell you exactly what to invest in, even if it's just a passing remark.

It is clear that people have their own agendas and are often paid to say certain things to the public. A lot of these influencers are completely ruthless and lack moral code, and I've seen countless times where well known youtube influencers (e.g. Bitboy crypto) have just hyped up worthless garbage, and as soon as retail buys up, he dumps it on their head.

I totally agree we absolutely must not follow the various crypto influencers on social media, sometimes they guess others not, no one can predict the future, you have to create your own strategy by learning to follow the evolution of a new altcoin through the graphs and the various news released by the development team

Most people think there are kind and popular people in the crypto industry who have a large audience and these people want to help make money with this large audience. In fact, these people want to make money with the help of their large audience. Any Influencer who talks about any project is not an enthusiast, this is an interested person who promotes what he was paid to do. That's how all sorts of dubious NFT, GameFi projects were promoted. People found out about them through youtube, discord, instagram from influencers and believed that if such a person talks about a project, it means it's worthwhile. Always do your own research, not blindly follow someone else's opinion.

When you are just a noob then you would really likely to fall out of these traps but if you are someone who do really loves on verifying everything via your own research then you would really be able to save up your ass

with these things which is really very rampant or really been flooding on this market thats why you should really be careful on who you would really gonna believe but as much as possible its better to stay away with
these fellas.They are just shilling out something with having that intent behind.

Stick with your own actions basing with your own analysis.

There are few good crypto influencers on YouTube follow them and they will never lead you astray but apply your own wisdom too, some projects have good use case but how they handle their marketing is very bad, watch out for them on your own.

I wish everything was so simple, but it's not really like that! Influencers have a lot of followers, even though I’m not active on social media I read about it and see what happens! Perhaps for us crypto enthusiasts Elon Musk is the best example, he raised Doge where it's now and his tweets work wonders in the crypto market! It's what influencers are doing actually, they are moving the market with the help of faithful followers!
It's good to be aware of what's happening around, I don't follow any influencers, but they are doing their thing, and I guess we need to consider them as an important factor in some situations! With enough followers influencers can make changes, I am aware of that, it's reality!

The basic rule when you start investing is you do your own research. Even if there is someone who can possibly mentor you, but you cannot rely for him forever. At the end of the day, your own decision making will always matter.

Crypto influencers are really rampant in social media and in fact a lot of people have been following them but you can't guarantee them your future because their focus is not yours, but on their own goal to get a good income. So whatever happens to your investment the moment you trust them, they will not be liable for that, you will be the one to find solutions to your own problems.

Indeed. These influencers are earning money through their videos and not because they are concern for us to invest in a worthy coins.

There's nothing wrong to watch and listen to what they have to say but its not wise to based your decision to invest in a particular coin because of their suggestion. Its best to do our own research and stop relying to anyone, even to people who called themselves as "experts" in crypto.

Its our hard-earned money that we'll going to invest so its just right to be careful in making decision.

It's a marketing strategy carried out by the development team and they pay influencers for it, I always look at it from a different point of view, like some new projects that are trying to get investors by doing promotions on some of their youtube channels, it's something that normal, but if they promise a number of benefits, then you can see the products owned by the project before investing, DYOR will make you take wise decisions when investing

I agreed, they're a part of the crypto community but i see a lot of influencers who promoting scam projects just because of they getting money to promote such projects. Many people follow him and invest here but at the end of the day they will be lose their hard earned money. I following a few influencers on Twitter and YouTube, those guys promoting real projects. But we should invest in any project by own researches.

Yes, One should always stay away from the crypto influencer as we all know most of them are paid to speak So there is no point to trust them blindly. If you are following anyone I would suggest always due diligence on your end also before taking any decision because we ourselves are the best analyzers. Any kind of promise of 2X or 5X is totally baseless and should not be trusted by such guys who promise.

actually there is no problem with crypto influencers because they only promote the project to be known more widely, but there are some crypto influencers who deliberately promote scam projects to deceive investors and they will get paid. In other words crypto influencers have a good effect on the crypto world but can also have a bad impact. what you say is true the main thing is that we must believe in our own research to avoid scam projects.

I agree with this generalization. It would be a big mistake to listen to the advice of someone who puts a contact address for advertising and collaboration on their social media profile. You should definitely stay away from cryptocurrency influencers. There are certainly good people among them. But they are very few in number. In general, they seem attractive to novice investors. Everyone, especially novice investors, should stay away from them.

because most of their Influencers have interests for their benefit. like buying coins in a dump condition then they make news and reviews of the coins purchased for followers to follow.
after a lot of buying and the price starts to rise, he will come out and make the price collapse. when that happens, won't that trap their new followers who are late in selling?
many of those who get stuck with this kind of thing are beginners. but those who are experienced will understand how they will benefit from the hype built by influencers.

Not all are being paid to promote projects. It's just that these influencers want to make money by themselves by gathering lots of viewers on their Youtube channel.

It's always the case as some projects don't hire influencers to chill their project or company.

These people who watch that kind of video should be educated. These Youtubers are not the ones to blame but to those people and viewers that want easy money so every suggestion they are receiving, they will do it right away.

Relying on other people or their words is not a good option for everyone to implement because everyone has eyes to see every important thing, and have ears to listen to useful explanations and have brains to think good things before investing and trading in the market because all things in this world are always accompanied by no small risk.
So obviously need observation and research before deciding to choose something.

I agree, most crypto influencers nowadays get paid to promote the newest coins.
so that people watching will follow in the footsteps of these influencers to buy the coins they promote.
these influencers are sometimes not part of the team, they will promote the coin if someone is willing to pay for them. so there is no attachment to the team.
that's how they make money.
this method is very good because currently many people are accessing youtube to look for good coin references to buy.
you should do your own research on the coin.

Just like NFT games influencers, these people are no good at all, they will just pretend to be telling the truth from their own experience but in reality their just give their baseless opinion where you gonna believe and follow whatever they said. You better not to listen to them to save yourself from confusion and not to rely on their so-called expert tips. You just need to do your own research and everything will be good if you take your time before you start to invest.

Well, it's no wonder they sometimes promise something that sometimes seems exaggerated because some of them are paid for it, and others are for content purposes. however, it's okay to look for explanations, or research on youtube, but youtube is not the main source for doing in-depth research on a coin. if you are doing research and looking for information on the development of a coin, try to look live on their telegram, on discord, and where people are talking about the project. Besides, we shouldn't choose coins based on what they describe, because we don't know what kind of research they do, moreover you are taking all the risk. a lot of people pretend to understand something to make them look cooler, or things they make other people talk about. well, this is just a suggestion, but it's best to do your own research, and don't pick a coin because of someone else.

I think YouTube might be a good source of information for beginners BEFORE investing. Just learning about cryptocurrency in general, basic topics like what is blockchain, liquidity pools, PoS vs PoW etc. But they shouldn't completely trust a single Youtuber as their investment guide as mentioned by many above.

It is absolutely true what you are saying and i could not agree more. All those crypto influencers out there are really dangerous in my opinion especially for people that are newly coming into crypto and are still naive about stuff like that. As you already said, 99% of all those crypto influencers don't care about their followers at all all they care about is to increase their own wealth. They are doing that via paid promotions that you have already mentioned but they are also doing it for projects in which they were able to buy into the private sale which is even worse in my opinion because this means that those influencers could aquire to tokens for a very low price then they shill it to their followers and once the token gets listed and pumps, the influencers dump on their followers.

Hey, Influencers in the crypto space have the rhetoric of faith, which is a double-edged sword in the sense that I can understand it.  Everything has 2 sides and risks if bigotry includes benefits for them.  Everything comes from belief, it's also a choice.  If tying up goes with the hype, you should know where to stop to benefit.  To me, believe and not believe have to do Dyor.

I think the only way when crypto influencer can be trust, is the situation when you see he has invested his own money in it, the amount invested is huge and investors financial stability would shaken if projects turns scam. If influencer is ready to make a take huge risk, then this project might be considered for investment. But if Bill Gates shows that he has invested thousand bucks in new metaverse p2e game with NFT and marketplace, called ShibaDoge race, I would never invest in it.

     While I believe that this mostly is the case with influencers that are releasing contents related to crypto, we cannot generalize all of them just because some are doing things you have mentioned. I say this because I have experience a lot of these shilling and dumping on your face. Also, I have been looking at these stuff a lot since some are useful enough even when you know they are pushing their own agendas. And with this, I have learned to see through a person that truly shares to help and others that only does for benefits.

It doesn't make sense. Otherwise people like this always blame others for their loss, but if he got a profit, he just silent.
We listen to those influencers because we need an extra information, but we have to do re-research, and if you don't, that's stupid.
So why should we unfollow/unsubscribe them if we can still get useful information?

That is how they become influencers to begin with. Give me 10k right now, and I can get you an account with 100k+ followers easily, maybe even 200k+ people. How? I would simply do 100 bucks giveaways all day on unrelated tokens and coins, they do not have to be good, I could do great ones too like btc, eth, bnb and so forth as well time to time. In between those giveaways, I will do my own ideas as well and talk about what I believe but that would be only to look real and not for increasing the follower numbers.

I have tested this before with $10, I did 5 giveaways and I reached 500+ people so easily, took me like a week. Becoming influencer is literally the easiest thing in the world. I would suggest picking a nationality and doing in that language, helps out a lot.

those who claim to be crypto influencers on youtube are not gods who have the ability to read the future, what they suggest is very misleading, especially crypto influencers who often make videos about coin memes, it's really misleading. dyor on an asset is the best thing.

There are influencers like that who are willing to teach you what you do not know for free but they are very few like that. This influencers derive happiness is seeing that those they teach master what they have been taught. Those who search online for instructors have to be careful so we do not fall to scammers who pretend to be influencers. Newbies should avoid anyone asking them for money to teach them, except they provide evidence to show they know what they claim.

Yes, it is important to know whether the influencer you are following has invested a huge amount of money in the project that they are talking about. But, even at that you shouldn’t go blindly and unprepared into the lions den, you should make sure that you are prepared for whatever is to come.

An influencer invested in a project is not a guarantee that that project is going to be successful in the future and generate profit for you, and you know very well that most of these influencers are rich and have enough to spare, so they can risk anything.

There is no guarantee at all on that. Which is why you have to also check that project properly and be sure that it is something you are going to believe in and you are sure it is going to be a success or you know that you are out for it and you’re ready to take the risk. If not, then stay away from it, whether an influencer has invested in it or not. Your own opinion still matters.

You are absolutely right. Most of them but not all,  promote projects and get paid. We  should stop listening to them and make our own fundamental and Technical analysis before we invest our hard earned money. I think if you are keen to invest in new projects then participate on major launching platform like, Binance launch pad or other prominent exchanges like Houby, MEXC and many mores....

In my opinion my own experience is the most effective here the risk is less and it becomes easier to know new information through the market. Crypto pump and dump is when conspirators use misleading information to raise the price of a currency, then they sell it at a profit. A recent caution follows the experience of some investors.

They can't read the future but all of them and also us have the ability to give opinions, speculations, and predictions.
It is that these influencers are doing all the job through their talks and many of that gullible audience that they have are starting to think of them as experts that can never be wrong with anything they say.

I am not used to following any crypto influencers. Even on other social media platforms like Twitter, I do not follow any of those cryptocurrency influencers and I try to engage with other cryptocurrency investors who are not influencers, and I try to discuss with them and get different opinions and not just looking at what influencers has to say.

These influencers can be manipulated, because what most of them are really looking for is money, and once they are paid to publicize anything at all, they are ready to do it as long as they have seen the money and they are getting paid well publishing the wrong content. So, you shouldn’t really be looking at influencers, you should be looking towards doing things yourself.

The reputation of influencers in cryptocurrency are in disrepute. The fact however is that they provide false information that lead people to believe in what is not sure or certain! It important that the fact of information are laid bare without distortion or falsehood! Cryptocurrency need to reach more people and cryptocurrency influencer are needed for dissemination of cryptocurrency information, but they need to do their job professional without misleading people!

If the advice leads to something unsavory like memecoin then anyone who says it shouldn't be trusted let alone a very new meme token, but if you come across a newbie talking about Bitcoin and suggesting investing, then that's good advice. So you also have to be able to distinguish good advice from bad ones.

Well I began to see many influencers in NFT games in 2021, especially on twitch, and the truth is that they are very exaggerated in their claims, I think it is that the projects they promoted was because they contacted them to advertise and they obviously they received money and this is a bad thing, because with the money they could give them they spoke well of the project and did not bother to say if it was really good and if it was worth it, but rather they said to invest and that's it, that everything was safe, I think these things, both the influencers and the main devs, were the ones that really ended it.

Well I can say that crypto influencers also doing videos on youtube aside on Twitch and  promoting their so called favorite project or NFT games. Well, I can't really advise newbie's to stay away from crypto influencers but all I can say is try to study that projects that they have seen endorsed by a crypto influencers. Do proper research on that project if it sounds good to you but it it is too good to be true then why bothering doing research and study right.

That's the right thing to do, don't stay away, instead verify their statement and choose the statement you will follow or not. Crypto influencers gets popular for a reason, they are getting a lot of subs because many viewers believed in them, so if you stay away from them, you are just making a judgement that the information coming from them are just to scam people.

I think there are no reason to blame an every single influencer because all of the YouTubers will not be promoting SCAM project, a lot of honest reviewers in YouTube after i followed their strategies i got some of benefits but your own research is very important before investing anywhere. It's true that when there is a gain everyone is silent but when there is a loss then blame the other.

Many who follow the project make video content on youtube at this time but they sometimes do not make research first so they are only utilized by those who want to make their own profits and not from the team part of the project, but there are also crypto influencers who pay because they do make kompanye vidio through youtube, in all projects we should not be easily tempted by big offers because not all will be fulfilled.

You're right, I used to be trapped and felt addicted when investing in Hyip and I can't deny I learned and was passionate when I saw my favorite influencer from YouTube. At that time I didn't think long, I did withdraw 2-3 times even though it didn't exceed the capital I deposited and I have not had time to taste the sweetness. because I reinvested all the results at that time. I was greedy in the end, I scammed every project that I participated in, indeed there were warnings by influencers but somehow it seemed like a sweet thing and depended on the dream of earning hundreds of percent of interest, and it didn't make sense I learned from the past, I admit that the quality of influencers is amazing and makes sense to me. From now on I always look for references and don't focus on invitations to invest indiscriminately, I only look at analysis, market prospects and the quality of competitors, don't forget to take the time reading the comments of netizens, you are right bro, I experienced it myself,

I also have the same opinion as you, don't be too tempted by a big offer and a high value, because most of these crypto influencers don't pay, but there are also these crypto influencers who pay by making campaign videos on YouTube, and regarding crypto influencers we must also do this. research on it.

That is the true purpose of a crypto influencer; they are paid to promote a coin that has no future. Scammers are much better now than they were previously, and they put in a lot more effort to defraud people. We could say they hired big names to amass large sums of money and then flee. Before I forget, most influencers do not discuss cryptocurrency, and you can find some whose content is about cryptocurrency with a sponsor because they are discussing a coin with potential.

That's why it's important to do some research before joining the project or whatever.
by doing research at least we get more detailed information about the project so that it can help us in making decisions
in crypto cases don't pay very much and we have to be careful they try to attract us with big prizes

Totally agree with what you are saying because it is clear that thorough research and analysis on every project is always needed by those who want to join the project, because there have been many scam projects in the past with offers that ended up being nothing.
So this must have been a very important experience for everyone at this point.

The majority of the proclaimed crypto influencers are just hyping what they have bought. This is very bad for those people who are new to the cryptocurrency world.

The best is to learn it from yourself and practice trading. It would take years but worth the time investing

Well not only in the trading aspect only but in investment also happening when a lot of influencers promote a shitty project and many people fall for that project. We should keep our guard and dont let any false promises enter your minds and make you invest in that project. Don't forget to get a trusted friend who can guide you and someone you can invite to discuss about price, project, etc.

influencers also work. With his fame, they use his services to get a lot of investors, even though many influencers don't understand the tokens he is promoting. so actually they only work together in terms of work, not in the development of the project. indeed this has a big impact, especially from among famous artists, by taking advantage of his fame this can hypnotize investors who lack knowledge

I do see such videos on YouTube where some influencers would be shilling some cryptocurrency projects. But I don’t really find it interesting to watch all those videos, rather I would prefer to just do my research and mostly read articles. I have cryptocurrency websites that I prefer to go to whenever I need information on cryptocurrency.

And also I’m not really the type that likes going for new cryptocurrency projects, although I am not trying to say that they wouldn’t be worth it, there are sometimes good cryptocurrency projects that would come out newly and if you are lucky enough to invest in them you would really make good profit, but I hardly do that. I would prefer that a project is already doing well and if I feel that I should invest in it, then I would do that.

Yes they profit from his fame. He has entered first, then he uses his fame to lure the investors you mentioned earlier (beginners or investors who are still less knowledgeable) who only rely on influencers. After they (influencers) have achieved their selling target, they then leave without thinking about their followers who follow in their footsteps. Yes they only think of themselves.

Yes, but the problem is that there are mainly the fake ones. The fake ones are the ones that are many on the platform. So, people really has to be careful when they are relying on these videos that these youtubers make. Most of these youtubers when they are approached by some of these projects to make fake reviews about them, they are definitely going to make it as long as the project team are paying them good amount of money to do that. So, they wouldn’t be able to say no to the offer.

So, instead of you to listen to what they have to say and end up getting misled, it’s best that you just forget about them and do your own research.

Some of the influencers do that. But believe it, there are some legit content creators out there who just wants to educating more people into trading which is really good in my opinion, so more people can learn into trading with their hand-picked coins. If they explain it deeper, not just for fulfilling the ad-revenue then I do appreciate those content creators.

That's how they make money, by making videos and make things overexaggerated so more people click the videos.

Is anyone aware of what happened to Louis Thomas? Since the bear market began, I have noticed there have been no tweets. His YouTube channel (https://www.youtube.com/@LouisTeeChannel/featured) and Twitter account (https://twitter.com/LouisThomasYT) are currently unavailable. While I understand the effect of a bear market on social media activities, I don't know if he is alive and if he has closed his account yet.

Yeah, I've come to this realization with time too. Most of them are just paid shills that know nothing. Just a few of them can provide good content, but usually, they don't have many followers.

I agree to stay away from them, these guys are vultures with a vested interest in whatever schemes they or pushing or whatever trade sentiment they are suggesting you follow.

There’s nothing wrong with using a variety of info you pick up from lots of different people & using it, combined, with your own ideas to help form a plan or strategy.

Never, ever follow what an individual says to do on social media, just because they have lots of followers.

these influencers certainly always some ulterior motives they aren't shilling for nothing, even more those influencers that has huge followers they will certainly take advantage of their followers and make some money out of it, if you think they are genuine people trying to make you rich maybe you should rethink twice and think about the fact that this world isn't all white and black.

from the very beginning, your own financial decision in which i'm sure you're the one that knows the most shouldn't get influenced by other strangers advices, mainly because they could be detrimental towards your investments since they have no idea and certainly some of them have ulterior motives. you should be the ones that makes planning in regards of your own investments and therefore influencers is already out of the question.
I do agree that influencers shouldn't be followed at all, you should make your own analysis if needed since you're the one investing here with your own money.

Totally right, I was following some of the youtubers previously, which was providing some signals of the crypto, I also think that they also copy it from some telegram groups or from some other videos. But now I'm not believing them and just hear them some time for just an idea but didn't involve in their trading tokens without study.

Good decision. Don't easily believe these youtubers and always verify if what they're saying has basis. Many youtubers are just shillers of a certain coin to attract investors because they're paid  (aside from their income they get from viewers) to do so. Thus don't rely on youtube videos and to these influencers because often it's a trap for people who don't have knowledge about crypto. Anyway, if you're not a fool then you will not end up following these youtubers information without verifying. So it's still best to always do our diligent research.

This is some very good advice because they are saying things for attention and money. I’ve followed some crypto influencers like Andreas Antonopoulos and Anthony Pompliano  in the past but I don’t really appreciate their advice.
Recently, I actually started unfollowing a lot of them because I think they’re looking for a paycheck and will use spin to their advantage but not to the benefit of their followers. Lots of them took Bitcoin off their profile since the 'bear market' backs up my opinion even more.   
I’m a long hold on BTC, I don’t need an influencer to try to sell me on something their being paid to peddle.

That is why we are all required to always be wise in listening and drawing conclusions when we hear the words of other people or the latest news about something. Because when you feel sorry for a wrong decision, those who gave advice in the past through anything will never look at you or help you because you are at a loss. So learn as best you can and make decisions as wisely as possible before you start to regret it later.

It's a good advice by the OP indeed and it will surely be helpful for all the newbies out there who are looking for some profitable coins to invest and hold on and not to be misguided by influencers that they are seeing on the internet. Remember, not all things that we see and hear will be good for us because some are just getting paid for their own benefit without thinking that their words would lead somebody to the wrong path. It's still best to do your own research so that you won't be lost.

It's a real mistake to trust those who promote products for a fee. The vast majority of them can lie to anyone for a few cents. Some influencers are honest by stating this clearly in their product promotion videos, but we have no way of confirming that they are hiding it in their other videos. They might be doing covert advertising to us. We have no reason to trust them...

influencers should be the last thing you should trust in regard of your investments, these influencers always giving advices towards investments of course with some motives, I think someone shouldn't be naive enough to think that these influencers trying to make you reach, here's the truth they won't, they are just trying to take advantage of you and your money towards reaching their own goal, they are trying to make themselves rich quite the opposite of making you rich.

I think before taking a decision it is better to think twice and then take a decision. And if something is started without taking any decision then it will never be good. I have been in this problem several times so  Now I take a good decision before doing any work and then start the work. If I can take a decision then I take a decision from an experienced person and then start the work after thinking.

If I was given 1 dollar every time I see an influencer, that is trying to sell me something I dont need, try to convince me to invest or do something with my money, I would be rich. If I was given 1 million every time I see an honest influencer, I would be poor.

Never saw crypto or any other influencer that was doing thing from his heart and his goal was only to help or share. I think influencers can be counted as most dishonest people. They would try to convince everyone if black is white if they are paid enough, and convince in opposite immediately, if they are paid again.

Influencers who promise 50-100 X are part of a regular cycle. A group of influencers buy first, announce the coin, and make others their exit liquidity. Those who purchase their coin are then left frustrated when the price declines, and influencers blame such victims for not doing enough due diligence.

Regardless of anything of course we already know that they are also looking for profit and no one can really be expected to share voluntarily with something like this.
We must be aware that nothing in this world is free, even in this case, especially Crypto, it is clear that it is a field that is very easy to get money, of course, so they will obviously make this a promising business field, it's just that they don't mention it. frankly.
On the other hand, we are the ones who are stupid if we still believe in influencers like this.

For commenting about general of them, of course you're correct but some of them are making really good job without sponsorship of their shilling coins or projects.

For Youtubers, of course most of them is a paid influencer but as i said there is a few ones that we can trust for them.

Lastly, we also cannot trust most of the Twitter influencers because if we take a look for most of them's tweets, we can see that they are shilling some coins or projects all the time and they only share their green posts (gains! :p )

It's more than that in my opinion.  Even the GPU mining youtubers probably were earning more money through YT itself as well as sponsors and whatever else than they were by mining.  It's funny to see ones like Voskcoin and others try to keep their channels relevant now that nothing is profitable, because some of them have zero speaking skills and no interesting content to create anymore.

Bitboy crypto is the worst, tho.  You look at him and see how many followers he has and that should tell you how so many people got scammed by FTX, which no one should have kept coins on in the first place.

That is clear, because every decision we make is based on prior research, be it through other people's experiences, or through what we have experienced ourselves in the past. This means that everyone must conduct research before making a decision so that everyone can understand the risks that can occur in their work. So actually there is no challenge that looks so difficult as long as someone wants to run it according to what he has seen now and what he has felt in the past.

An investor must do his own research on what is good and what is bad. Generally, those who working as influencers can often refer positively to a project by receiving a better payment than the owner of the project. Where investing is very risky. Not everyone here has the same intention. There are many people in crypto who invest on the advice of others due to lack of their own knowledge. But should never invest in someone's advice without doing own research.

it's better to have our own opinion and analysis than having to listen to Influencers who are paid by the company. they are indeed paid to promote and campaign for a Crypto, but we have to get used to being able to analyze and conduct research on a project. I think what many of these influencers are talking about will also miss what is being talked about.

There is no need to stay away from them if you really understand what you are thinking, you have your own intentions, plans, etc.  Some have put blind faith in crypto influencers.  I still follow them and do nothing, nor think about their problems.  I just think it's respect.  Think simple and have your own plans, strategies, and cautions.
How can they believe that a celebrity becomes a financial expert?  Lol, that's ridiculous if you really understand crypto.  No need to race against them or anyone.

Well, you can find honest and smart influencers, but they don't have many followers usually. Most of them are still full of shit, can't deny that. They can even say exactly the opposite things within a few days if they were paid so.

for people who already understand the graph of the rise and fall of a digital currency price, it will not affect promotions or campaigns carried out by influencers, they (influencers) themselves also do not understand crypto, what they know is that they have to be paid with what they have done. My advice is that those who want to trade or invest should be confident and do their own analysis of the crypto they want to hold or invest.

Totally agree and to have done that. Among those celebrities who know almost nothing about crypto, they just trumpet as agendas to advertise the projects they have signed with a contract for the simulation. The end result is that some of the young, new beginnings have been crushed by that smack and they've almost collapsed either because of their beliefs or simply because their idols lied to them for most of the process.

Some influencers follow advanced methods to attract more followers. I see a lot of them posting screenshoots on Twitter with the high profits they have been gaining, as well as posting screenshoots of their accounts that have millions. In fact, most people don't know that these screenshoots could be easily manipulated using inspect element. 
Unfortunately, people tend to follow the Twitter accounts that post these things, and usually these profiles have a lot of followers. We know how many of them were promoting Luna at ATH, and every single account has been exposed after then, when someone posted the list of the payments every account was receiving.
What bothers me a lot is that some accounts provide real knowledge and post high-valued information, yet they have only few thousands of followers.

Many influencers came out when the market is on high and when it was a bull run. They show themselves as experts and everything they say seems to be words of wisdom but those followers of theirs didn't know that they've got something for them that will eventually be said as a pitch for sales. And what's bad is that they're targeting the newbies that has zero knowledge and experience, they'll shill a project and will also want them to sign under their referral links.

You should always be aware of the risks associated with investing in crypto projects, as they are highly speculative and the market is often subject to significant volatility. Besides, we should always approach any promotion with skepticism. Many crypto influencers are normally paid to promote certain projects, and their recommendations may not be based on objective research or analysis. Moreover, these influencers do not have a deep understanding of the underlying technology or the team behind the project, and their main goal is to promote projects to earn money.

Additionally, it is important to note that no one can predict the future of any crypto project and no one can guarantee any return on investment. It is important to be aware of the risks and not invest more than you can afford to lose. It is also important to be critical of the information you find online and to look for unbiased sources of information.

If I got a bunch of followers, I might be doing the same.
1. Buy a token I like in a large amount than hype and praise about it, dump when your followers starts buying it getting yourself a profit. Even if you ask me which coin would be good for future, I'd most probably tell the one I hold most.
2. Talk anything anyone asks me to if they are giving me money to do so. With some restriction statements, I would not be liable for any legal actions.

If you think you are knowledgeable enough then what is the point of following them? Ah, maybe you get entertained by the time these influencers lie and sell themselves in exchange for some cash. But, you didn't even feel guilty knowing that there might be people who will follow it and they will lose?

I think it's better to report it when you saw a misleading promotion. Don't think it's a waste of time because we can still get a benefit from it if we are an investor because newbies will only invest in the legit cryptos or on those top coins and we all know what happens when more people invest on them. That's right, their value will increase dramatically.

They are just scamming others and taking money for getting more attraction for their channel in a sense and another scam is that, they are just doing it for paid youtube videos. Instead they are getting money for it. So, it would be better to make your own strategy for the coins instead of following them on different channels and listen to them.

And then you would sacrifice the trust you have built along the time with your subscribers because of some easy money. People who have lots of followers can use it at their own favour for profits without being part of a scam or pump and dump scheme. They just have to promote a legit service dealing with Bitcoin. It can be a crypto exchange, casino or even a token, but they should make sure to be always honest with the public, explaining the risks involved, so nobody will feel deceived in the end.

Scams are still common among some people who still want to listen to other people easily without relying on their own analysis and research. So that the Scam maker is always easy to direct some of these people as he wants before he leaves some of the people he deceives. So it is right to always rely on one's self rather than someone else's word for anything now. Because when someone doesn't know about something he just saw, of course further research will really help him to understand what he is seeing.

There have been revelations about the size of the compensation they receive, and they are often able to dump their token early without being affected by a dump. It has even been reported that some people have been privy to the dumps, and when you accuse them, they get back at you with the excuse that you didn't do your own due diligence before investing. Honestly, who could believe the bitboy story?

I don't think it's wrong if an investor follows the invitation of crypto influencers to invest in the crypto they are campaigning for. Of course, before investing, it is better to do a detailed analysis and it is important for the investor to consider the investment he wants to make. what we need to know is that every influencer works only to earn money.

The market is build on procrastination and false news. I don't follow the trends because it's mainly originated from the overhype project and the moderators interest are all about their selfish profits. I do trade FOMC and CPI news in the forex market. Crypto influencers are only chasing after their profits, they don't care about the project because their priority is to make gains from every project they come across. We need to be extremely careful in the space because there's countless scammed projects that will drained our hard earned money.

Investors also work to earn money, so do traders who trade to earn money. So it's not only influencers who work to earn money because in general everyone works to achieve a better income in their life. So there is nothing wrong for influencers to invite investors to work with them in certain matters in order to get joint results. But for now it would be better for them to consider investing in Bitcoin, not elsewhere.

yes i agree with you, influencers are not really telling the truth, or even they are just paid to promote the coin, they are not really buying the coin. what's worse than that is the influencer who keeps telling us to buy more, even though he himself only wants to sell his coin at a high price and doesn't care about our losses

yes, I totally agree with you, never believe a persuasive call to invest from an influencer like a YouTuber, celebrity or whatever, because of course they are paid to advertise the coin, which even the influencers don't understand about the coin, they just want to get paid, so stop following them

In any case, we as a whole realized they are doing that to acquire same thing posting from signature crusade here. Its their direction on the most proficient method to adapt their honor. I couldn't ever have been aware of these ventures notwithstanding forces to be reckoned with. I would agree that avoid the subsequent sort, yet the primary kind could be useful on the grounds that individuals in all actuality do learn about various tasks through that.

I agree with that, everyone has goals and objectives, so don't trust 100% of people on the internet before you get into the world of cryptocurrency. Learn first. Do your own research on the coin you want to buy, do an analysis, don't fomo what people say internet because cryptocurrency is very volatile so stay safe.

I think it's stupid to invest in any crypto just by watching Youtube videos. Because from the crypto space and social media, they are making their own profit as best they can. No one ever thinks about the profit of others. These videos are intended. So I think you should always use your conscience and do proper research about any coin before invest in that coin.

I also believe that most of those you-tubers promote a project cause there are paid to do,some don't have complete knowledge of the project they are promoting and ends up making false promises to the general public.Think people should be more cautious when making an investment they should make proper research and never invest what they can't afford to lose.

Using influencer services is a team strategy to attract many enthusiasts by leveraging many followers.  Things like that really need to be watched out for, don't be easily tempted by multiple profits, we have to filter and dig up the information they offer if you want to invest in these coins.  it is better to invest in old altcoins that have been on the exchange market for a long time

everyone wants money, that's why someone are gonna have some ulterior motives behind the curtain mainly because they also want to make money.
influencers are just the same, there's reason they are spending their hours creating content that's because they want to make money out of it, if you think these influencers cares about you, maybe you should rethink.

Influencers are not bad people, they just do their job not all the coins explained pay them, and I think crypto influencers only do marketing for the event not to detail until the end of the project
to buy tokens, I think everyone returns to the initial decision when we choose the token and already understand the risks

One of the most common risks on being an influencer is that once you do advertised a shit project or something that brings people in harm, you would definitely get that blame and criticism without even
trying out to realize that they've been paid up on advertising something and thats why lets not really that putting all the blame for these influencers but of course they do really have that part
and thats why lots of people been affected and this is why you cant blame someone to do directly into these fellas on the time that they do experience negative things.

only take necessary information, usually they have good information in regard of the coin and then decide yourself by making your own analysis inregard of these coins in general, you should never rely on other in term of financial decision, since if there's chance that you will incur loss you will be the one responsible for it, not the other stranger.

Right. Following crypto influencers has its own pros and cons.  They help us to stay updated with the latest news, share their insights, and sometimes they do giveaways. Tho some influencers don't really give credible advice because they don't have reliable sources of information and just use social media to promote certain cryptocurrencies for their own benefit. I think following too many cryptocurrency influencers can lead to information overload and and if there is anyone that should unfollowed, it should be based on our own research. It is important to do our own research and make informed decisions rather than relying solely on influencers' advice.

One can with some effort find those information by themselves, but it helps having a way to easily get a recap of what is going on in the crypto space.

This is the highlight of my earlier reply. In crypto, do not trust; verify. This includes not trusting anyone with investment advice and always doing your own research.

You bring up a valid point about the potential conflicts of interest that can arise when influencers are paid to promote certain coins or tokens. It's important to do your own research and not solely rely on the opinions of influencers or any other individual.

As with any investment, it's important to understand the fundamentals of the project and its underlying technology, as well as its potential risks and rewards. It's also important to consider the track record and reputation of the team behind the project, as well as any regulatory or legal considerations that may affect its future prospects.

Ultimately, it's up to the individual investor to make their own decisions and take responsibility for their own investment choices.

well, we never know what influencers from social media want. too many negatives for that. in fact, many people who are just learning to invest try to invest in the coins they recommend, even though the coins are really close to a scam. this happened a long time ago. some influencers also try to get airdrops from the projects they advertise, or they get paid to do advertising on the social media they have. The advice often given to avoid this is to do some deep research on your own. it's better than following someone else's advice. however, we bear our own risk, so we need to invest wisely.

They actually do endorsement for some project. They get paid for promoting a project but it is not their responsible if the project turn into scam. So, we need to be smart do not trust easily. You can do your own research there is a lot information that you can gather now.

I don't think all promising projects have big danger, they just need to buy and sell when the price is rising, but I don't think everyone can read that, so it requires a lot of experience of course.
I played stepn and got a profit even though now the price has dropped a lot because the fomo has ended and the bear market occurred in the middle of last year.

Totally believe it.Most if what Crypto-influencers are doing is for there own benefit only they care little about the general public.Many are been paid to promote projects there know little or nothing about.It is better for one to make good research about a project before making an investment to avoid loosing your funds.

That's right, people who are new to trading crypto/new to invest in crypto, they will make influencers as people they need to follow. I was doing the same way before, when I made McAffee a person who I thought understood more than me about potential coins. In the end I realized I was wrong, After that I'm never follow any influencer anymore.

Yes influencers spread knowledge for the getting money and we don't know that this information is suitable to follow or not. But I think that not all of the influencers are wrong some of them give you true knowledge about any coin. There are no surety about any coin so blaming influencers for all your losses is wrong because sometime influencers gives accurate Knowledge but due to market unpredictable Fluctuations their informations become wrong. It is important to note and hear all the information which you obtain but follow only those which you think that it will make you able to earn revenue in better form.

We as a whole recognize that they're doing that to get the same thing posting of a signature campaign here. It directs them to the most proficient method to match their honor. I never realized this undertaking was apart of a force to be reckoned with. I agree that avoiding the next kind, but the first type can be useful because people do in fact learn about various tasks through it.

I agree with you completely, not everything depends on influential people, yet they cannot predict everything because there is an increase in altcoins and not only so you can’t blame anyone, there are various reasons that can affect growth or something else.the fact that influential people can decide growth artificially is very little of it

As a rile of thumb, I don't really trust cryptocurrency influencers no matter how  "reputable" or established they are in the platform. I'd rather do the research on my own than fail miserably after I trusted a skinny dude on youtube tell me about how this coin is going to be the next 100x gem or whatever the hell they use to bait people into believing them.

Most of them take sponsorships or under the table favors too from project founders and whatnot to help shill their project and create artificial hype which will help increase internet traction on their end. Just a big red flag for me coz it just goes to show that the project can't speak for itself and is probably another dime-a-dozen get rich quick scheme.

Blindly following the advice of crypto influencers on YouTube without understanding the underlying technology and fundamentals of the project can be a risky decision. It's also important to remember that these influencers are often paid to promote certain projects, and their recommendations may not necessarily align with the best interests of their viewers.

If you are that someone who do make out those blind decisions and do easily believe on what others been saying then you should cut off that kind of approach and behavior because you are most likely be messed up
on whatever things that you might be dealing up ahead.Im not saying that they are bad to follow but we should really be that in our self on making that decision which is based up on your own jurisdiction and not
on others.Main mistake of people is that they do get easily be able to believe on what they are seeing in front of them.If they do see positive and someone do claim that they are
good but ending up on a mess then for sure you would definitely learn up your lesson.

The disadvantage of following an influencer is you will also suffer if the influencer didn't make it rather than listening to influencer and compare the information you gather yourself through research. Doing research yourself maybe tiring for us to do since you have to make a deep research about a project before you can summarize all of it and after that you have to compare it to others and see the difference if that's what you want to do before making the final decision.

we don't need to follow them completely instead use their thing to understand more the project they are promoting in this you may find what is best for investing , yes they mostly being paid as shill but always remember that there are hype that may happen along the way and getting the right timing may bring you good result.
well Only noob will fall from that kind of traps. and hope that there will never be more again.

Relying solely on influencers for investment decisions can be risky as they may not always be right. Conducting research on your own can be time-consuming but can lead to more informed and independent decision making, which is important in the volatile world of investments.

Totally agreed with it most of those you-tubers are paid to promote project they know little about, Making lots of fake promises to the community.Most of the project ends up dumping the tokens on people and running away at the end not caring to develop the project at all.Also not all influencers are the same,some promote goods projects that ends up performing well in the market. Better to make a very good research about a project yourself before investing to be on the safer side.

It's actually risky. You should be the one to be responsible for deciding what and where to invest your money. Some may be good with that based on their experience but it's just convenient for them to do so and might not work for the majority.

Something to gain for your own benefit like knowledge and even if it's too time-consuming, it's not a real big thing to think of because the time that you're spending on it sure is a worthwhile thing to do. In investing, there can be some misconceptions and wrong advice that you'll take from influencers and that's why as an individual, you need to grow and work on your path by DYOR. And while it's obvious for some influencers that they're already there to take paid adverts, as an audience we need to be cautious with how they advertise projects because many of them don't do research upon advertising.

Most of the influencers who promotes different token benefit a lot to the token they are promoting. If the influencers has many followers they could easily attract investors because their followers believes in them. If their followers invest on that particular token definitely they will get referral fees. As an investor we need to be more extra careful and do not just believe influencers. We should do our own research because it is our own capital to invest and not theirs.

I do agree that youtube shillers are only paid to  create a hype over a project and that's the idea to attract investors such as their viewers and followers. As always DYOR will always be initiated before anything else. You can listen to crypto influencers but the last decision will always be you no matter what. I like crypto influencers that has no bias on project and always taking the neutral side and never encourage to invest on that particular project to make 20x or whatever in a short period of time. I do like George from CryptoRUs which i listen everyday.

Some influencers are paid by cryptocurrency projects to promote or shill them despite having a lack of knowledge. If you're an investor or newbie, never consider their financial advice or any recommendation from them. It's better to conduct your own research regarding the project to determine if it's legit or not. 

I don't like those video creators who shill projects for their own purpose. But let's not generalized every vlogger because there are still many of them who are doing it for a better purpose, giving out their deep analysis and just basically providing information. I have seen this one guy before, and I knew he is doing it because he just loves the project itself. Gala games.
When I tried to do my own research, I have seen it really does look like the project has a good feature and it actually did, proven right now. They are not stopping at creating different games and their Discord server is filled with people who are supporting them. From shooting games, turn based, and strategy games, they have it, they are really focused at serving their customers in the gaming industry.

Thats totaly true,some exceptions offcourse. But in most cases its just blind reading of text.  >:(

      -  Even when I didn't believe in influencers who encourage you to buy these coins in cryptocurrency, as long as they are promoting something, I don't just believe in that.

Because most of them are just hyped to be honest. That's right, it's only done for the views because that's what they earn on YouTube and Facebook that's how I know and there's a lot of money to be made with this method.

Yes I totally agree with you but NOT ALL youtubers are the same because of them give genuine advice that would really be helpful if you are beginner that just started getting into crypto but Majority of them are really not trustworthy and would always know when get out while they keep suggesting you all to hold. Sadly this isn’t the case only with cryptocurrency but anything in general because everyone’s getting paid to promote regardless of whatever it might be so fair play to them, Just be carful and think it out.

P.S - If you found my post useful I’d appreciate if you send merits as it would help my account grow  :)

You are very correct. Most of those influencers on YouTube are paid to do it and some of them do not even have their personal monies in those projects. They just come with sweet tongue and sugar coated lies about how certain project will change your life for ever and if you are stupid enough, you fall for it.
I don't rely on those people when making research about projects I plan to invest in.

Influencers job is to attract ordinary investors to any new project or coin offered by project owner. Influencer get huge amount of money through this work. They may also provide fake news for exaggeration at times to promote any new project. But here an investor has to exercise utmost caution. Usually when influencers do promotions they want to convince you of certain things so that you are encouraged to invest of that particular project. Remember that influencer promote a project for his personal interest. You will never get those influencers after investing. So should not invest in any project or coin by the Influencers word. One should consider the risk factor and other factors before investing any project.

They're just saying nonsense which we don't have to take for granted,
don't be easily fooled by trivial things like that and that's why it's important to have knowledge,
Influencers' words should not be used as a guide and it is better to do in-depth research.

Many influencers share different types of links which are risky to visit. If we visit these links many times our wallet gets hacked or while swapping one token another token goes out from the wallet. So instead of blindly trusting these influencers, we should do some research ourself. Because the satisfaction of one's mind is very important.

Yea. Some just cramp the project white paper and start pouring it out there as if they are part of the team developing the project.
Some times, when I see a project with too much fuss around it, I tend to look very closely before putting my money in it.

Crypto is in such a position at present.  If someone wants to invest in a token, if anyone doesn't do a complete research on the token and market, many people are faceing loss for this reason. 

Yes, you are right the number of crypto influencers has increased day by day at the present time.  Many of them are working for money.  But all crypto influencers are not same who are real crypto lovers never do this kind of things and don't do work for money.  There are some unscrupulous crypto influencers out there giving bad names to good and genuine crypto pros for a small amount of money.

Naturally, if a project wants to be known by a large number of them, they will use marketing tactics to promote their product, as in the case of influencers, and they are not mistaken because it is their work regardless of everything. Of course, we still have a choice and must respect one another. Furthermore, those making investments in new projects must exercise extreme caution to ensure that we do not misinterpret any of their marketing efforts because they also carry out their own work, and even though there is little chance that the same reality will materialize, advertising is still taking place.

if there any harmful site connecting to our wallets that can be remove by using security services like revokecash..there are more services available this service is used by peoples in communities that I being on.

these influencers are most of the time quite detrimental towards our decision making in term of financial investment, they just creating financial advice which is not exactly financial advice based on their own interest and the result you could guess it will definitely an exit liquidity for them.

And you'll never know if they're legitimate or not so better not to click any of those. Well, most of those links are for tracking how many referrals they've sent to the project they've advertised as that will determine the effectiveness of the influencer that was hired to do some advertisement of the project that has found them. Be careful and it's such a good reminder because many influencers don't do their research if the project they are contacting is legitimate and if the links given to them that should be shared are safe or not. It's true that there have been a series of influencers that don't care for the safety of the people that will reach by their influence if those are malicious links or just for tracking or any other unsolicited purpose instructed by the project they've paid to work for.

Basically they're doing advertising like that because they're being paid for it, and I think there's a lot of that kind of thing. therefore, we as potential investors must be smarter in making decisions. do your own research is the most recommended. even when you do research wrong, you still gain experience from it. keep learning, and make your own decisions. You can hear a project from an influencer, but you can't believe it 100%. you still need to do your own research.

I have to say that these influencers are not experts in cryptocurrency trading or analysis of the crypto market. Most influencers receive money to talk about any coin, so we should not trust those who are paid to speak. Instead, we should analyze the market ourselves so that we do not have to rely on anyone else. In the end, I would recommend staying away from such so-called crypto influencers because they make money by fooling ordinary crypto traders and investors

Since you are afraid of having your wallet hacked by someone you don't know, then there should be no reason for you to trust those influencers who don't have a job. Because if they have a job, of course they won't have time to share those useless links with many people through the media they use.

Besides being able to use the application that you suggested, everyone can also use their own minds in terms of not trusting everyone they have just seen for a while, because the crime of hacking occurs because there are many people who are too easy to trust links shared directly via media used by that person.

These kind of influencers are obviously being paid to promote something and in this case a link to a suspicious link. The only problem with influencers nowadays is there are some that doesn't even reject offers or doesn't have any initiative to do a research to the one that they are promoting. I'm sure they know the risk of what they are doing and that's the reason why I'm annoyed with influencers. They are just willing to sacrifice and tarnish their reputation for a hefty pay I guess. This is why I believe that the influence powers will soon be less effective in cryptospace as they will be known for money grabbers. I hate to say it but there are only few influencers that has a really good content and really sharing knowledge about crypto, Majority of them are just hyping projects out.

They only think of their profits not entirely for sharing information. Besides benefiting from the links or coins they recommend. Influencers also earn from the number of views on YouTube and increase their subscribers.
And they also have groups that they recommend joining. The more followers they have, the easier it is to earn money.

You are absolutely right, I myself have been watching videos of different YouTubers on YouTube for more than a year.YouTubers on YouTube tell you about different cryptocurrencies and every YouTuber will tell you about 10 to 15 different types of cryptocurrencies.He tells you thousands of benefits of that cryptocurrency.And asks you to buy these cryptocurrencies at different prices.I have bought as many cryptocurrencies at the request of these YouTubers. Their price is seven times less than the purchase price,And my capital is stuck.The price is decreasing on daily basis instead of increasing.

It is better that everyone should do their own research and invest in the best coins at the right time rather than investing in a cryptocurrency after watching a YouTuber's video or at their suggestion.

Maybe there are extra ordinary investors who will join the ride. They know that they can earn a profit out of those tokens if the hype attempt is successful. They, the influencer and the project owners are the only ones that can benefit but not the ordinary investors. They are only like an instrument that are being used to fulfill those people's dreams. This is the sad reality. Speaking of the amount paid to influencers, it will depend on different factors.

Sometimes it's based on the number of followers and sometimes its commission based or based only if how much the money gathered by the team. We can always report these influencers so that they will be banned on the social media platform and maybe they will be in jail too. Worse is some of them can get killed. They need to consider the risks more than the investors.

Often they will also tell you that the price can go up from here, and if it doesn't go up, then it can go down.And then whatever direction the market goes YouTubers will give themselves all the credit that we already told you.

You will be told about so many cryptocurrency coins at a time that one of them increases in value.And then YouTubers will proudly say that I mentioned this coin before.This is their way of earning from YouTube and getting good money from projects.It is better to read each project carefully and in detail and then make the investment.Self-effort will also give you experience and you will not face any difficulties in the future.

I totally agree with you, we have to be more careful and not be too quick to trust influencers who promote a coin, because it's no longer a secret that these influencers are paid to promote the coin

Hardly ever these influencers are going to be banned from social medias or are going to be punished by an authority, because they adopt some protective measures while promoting the scams. They always put a warning message on their videos with sayings like: 'invest at your own risk' or 'this video isn't financial advice'. They don't take any responsabilities for investors' losses and technically it seems to be fine for the legal system.

there is nothing wrong with them, but you need to find out the truth of the information they convey, because sometimes there are enough crypto influencers out there who are paid to advertise a project that has little potential, or maybe even a scam. Also, it's better to believe in how you do your research rather than hearing research from other people. it's fine to listen to just looking for information, but you need to confirm that with information you get from other places. Well, even when people ask about a project in this forum, there will be lots of people who will give their honest response about a project. In any case, believe in yourself, and don't take information from elsewhere with 100% confidence. you need to do your own research.

It is true that some influencers may receive compensation for promoting specific projects or tokens. This can create a conflict of interest and potentially lead to biased or misleading information. Investors should be wary of overly optimistic promises of returns or guarantees made by influencers without thorough analysis and research.

that's a big IF, sometime the influencer just outright misleading since they have ulterior motive, the difficult part is differentiating between the real information and some shill.
you could be very well just become an exit liquidity for them if you just blindly follow their financial advice.

I think the benefits of influencers are definitely there. Reputable and knowledgeable influencers in the crypto space but there are also downsides for example influencers may have a conflict of interest while promoting a particular cryptocurrency. They may be paid or given incentives by the project team or stakeholders.

Yes. Acts Promote projects without disclosing the fact that they have a financial interest in them. This can lead to biased or inaccurate information being presented to their followers and lastly, influencers may not have the necessary expertise or knowledge to provide reliable financial advice. While they may have a large following and seem knowledgeable about crypto,

you are actually correct about the paid crypto influencers, though there are many of them in the industry but there are few they that are genuine and give their honest opinion about coins and other stuff, those ones normally stated it that this is not a paid but honest reviews and you should be know that investing is risky. we have such people a lot during the ICO era

That is part of the strategy they make, remember influencers are also human and humans have greed,
if I were an influencer of course I would take advantage of my number of followers to be able to Fomo market,
yes that's what they do, they want Fomo market and what does it do hold becomes profit.

there's nothing wrong with listening to or watching crypto influencers because you can get information, but to determine whether a recommended project is worth investing in or not you have to do your own research. I often say that your money and investment is your responsibility, not the responsibility of crypto influencers. so be careful when investing!

In plain view content creators sometimes provide valuable insights and information to the public in helping to ensure that a person makes the right investment decision and turns a profit. but, my view is that right now there are many influencers born and trial and error who promote certain tokens or projects for their own financial gain and may not consider the interests of followers, the references are just read and read, either copy and paste on telegram or grab it on chanel people keep on sharing their links which may be risky to visit especially for those who are new which indirectly has negative consequences unknowingly.

True! All of the influencers just care about their own pocket. Maybe there are some really honest influencers but not more than 10%. All we can trust just ourself, since i joined this investment i never trust all of the influencer most of them just promote the shit coins.

Yeah In the past I used to follow influencer calls blindly, it's on Twitter though, no difference. At that time it was not saturated market where erc20 was not a common sight, the POW era where you have your own device to mining it.
But yeah, shilling something mean they have an incentive in it.

Many people do not want to make their own decissions. They like to fallow famouse persons who are rich. They think that if they follow rich persons they can become rich too.

You shouldn't trust them, most of them just doing their work to get a ton of money from scaming us.
There so many influencers who told us to buy something new random alts, but at the end of the day we loss our money because following them.

Now is not the time to follow crypto influencers anymore, it's better to analyze it yourself and confirm it yourself,
I'm sure influencers are also experiencing losses now and it's the same as us,
companies are currently experiencing losses even many exchange platforms are also bankrupt, let alone influencers?
so that's why we have to be confident in ourselves to analyze fundamentally or technically.

Totally agree but there are some  crypto influencers  that gives a genuine opinion on projects and they have established names for themself for a while, but we can't always rely on their judgment, we are the ones that should make the final judgment after we must have carried out our own research and compare with their own.

Hahaha True talk influencers not all are actually terrible people Most dont hold or buy the project they pump and when they finish the promotion their payment usually get dumped into the market and they will normally move on.. If they happen to hold the token they pump it and then when is high enough they dump on your head..Before you invest read-up the project first and make sure is worth investing

Sound advice. Most of them are only for the money and not for the idea or the innovation that whatever they are endorsing brings. They most probably have tokens of that crypto that are pre-mined, too, and they're only waiting for the right moment for it to hit the exchanges and they'll probably dump it too. In this day and age of influencers, listen to those who are not seeking to get attention, but those who are seeking to spread information on their words. Also, DYOR is the best thing you can do if there's just one too many influencers out there that are adding to the noise.

I've seen some Influencers on Youtube or TikTok and I saw how they promote coins. Seriously They sound very convincing. But if we listen carefully it sounds like someone who doesn't know anything about Crypto. It's very funny and ironic. When those of us who have learned about Crypto are affected by the words of Influencers who don't understand Crypto well.
Most of them are paid in dollars rather than the coins they promote. I've seen something like this.

It is necessary just to remeber the fact that influencers receive money for advertising the project and they advertice only that projects that pay them or pay more. It does not mean that this is a good projects.

Usually this influencers are paid by the different crypto project in return they would advertise and encourage people to invest on that particular crypto project. Of course as being paid by the developers of a particular project they will promote it with promises of high rate of return even though they are not part of the team. They are just doing it because they are being paid even though that there is no assurance on the development of the project. Using crypto influencers they can help in the promotion of the project since they are already known in the industry and a lot of people do follows and believe them. But also there are disadvantages because some influencers may have conflict of interest such as promoting certain coins in exchange for compensation. They could also provide inaccurate or misleading information which can lead to poor investment decision. Make it a habit to do your own research first and better yet believe on your instinct if it is good to invest or not. Decide for yourself do not just believe to the influencer so that you will not regret that you had followed the advice of the influencer.

not all crypto influencers are paid, sometimes they just give opinion on a project. my friend used to be a crypto influencer and he doesn't receive payment from anyone (even from youtube), he only gives an opinion or review of a project according to what he knows from the website, roadmap and others. sometimes he also gives predictions about an altcoin price in the future.

Actually i found crypto influencers who not active ads and it's purely he is give knowledge or insight about new of crypto and i have follow him for 2 yeras ago and as influencer he is really honest with him subsicriber on youtube. We can't judge someone if we don't know personality and the purpose they created of channel youtube, until now i'm still watching influencer who have capability in their own analyze

That was my greatest mistake I made, when I come in new into cryptocurrency investment, that really run my cash down because of influencers in YouTube channel, while having hope on them and get lost at the end, after they have been paid, project we not longer trend as much in the channel. As a New person here in cryptocurrency business, it requires your time to make a research before putting in your money in any alt-coins, I mean new coin's that has not yet been lunch, at early stage the risk is very high and more profitable business.

well some influencers does give some good advice in regard of investment, but overtime they might eventually advertise some coins because they get paid as well.
I think its just matter of us being diligent enough to know which are sponsored and which are not honestly.

not every crypto influencers are same, i see some youtube/twitter influencers are promoting very legit project,
i invest in their some project and i got handsome profit but 90% influencers promoting a project just for they paid,
they will never judge which is good or bad project, so think twice before invest in their promoted project,

There's not much different from stocks influencers. When telling you about some coins that they believe would bull, you need to understand that they have bought a significant amount and wants to get out of it with profit. The influencer earns at the expense of it's followers. And if the influencer is talking about some promising new project, it's either the influencer got paid for advertising or they got a huge number of tokens for free with the responsibility of creating a value for those useless tokens.

We cannot generalize that all crypto influencers will trap their followers because solely they have been paid to promote the coin. Because there are indeed influencers who really intend to provide education to each of their followers, although indeed the number will not be as many as influencers who only think about profits for themselves.

In this case we as listeners must be able to know which ones we should listen to and which ones we should not listen to. I think most people who have been in this space for a long time already know this, because usually from my own experience, if an influencer talks about a coin then I will analyze it directly and my decision is the result of my analysis, not from what the influencer said.
Maybe the job here is for someone who joins and is just learning about crypto, because usually they will look for someone who is considered to have a lot of followers to eventually follow them too. Here maybe special attention should be paid, because usually irresponsible influencers like that have the ability to convince their followers.

Investing in crypto is a very risky thing. Because the conditions are very volatile. For this reason, every decision must have a good basis, not based on the research of other people or influencers. They just work. If we listen to the research, then we who invest will bear all the losses if the research misses.

I will say this is the best advise of the year, in every thing you do as a person on the crypto market space. Make sure you stay away from crypto influencers. Cause they can be a very bad examples, you will think they have invested heavily on the project not knowing that they are doing it for the money. If you follow their advise, you are in your own.  Majority of them are on YouTube making videos and posting it on the channels. They are paid heavily for it. Don’t ever watch YouTube videos to make a decision when you want to invest in any coin.

I agree that crypto influencers can be misleading and biased. They may have ulterior motives or hidden agendas. It's important to do your own research and analysis before investing in any project. Don't blindly trust anyone who promises you quick profits or easy money. Be smart and cautious with your crypto investments.

I think there are some influencers that can be misleading but not All there are still influencers who protects their image and give a very good recommendation on a specific crypto project. There are influencers i saw that trying their best to be able to convince people to invest on the project they are promoting. So it would depend on individuals if they will be convinced to invest on that particular project. Always do research first before investing into something that you are not sure enough so that you will not regret with your investment. Make it a habit to believe on your instinct and be wise before you invest in a particular crypto project.

Well it seems many of the crypto influencers are deleting their twitter accounts. There is pressure from sec and they do not want to be any more lawsuits. And it is just not so safe for them any more.
And did you see what happened to Lechuga. Fernando Pérez Algaba was found dismembered in a suitcase and owed Argentina many taxes.
https://nypost.com/2023/07/27/millionaire-crypto-influencer-found-dismembered-in-suitcase/

I don't think all influencers are like you think, because there are others who do this because it's their passion, career, and it is the theme of their channel, yes, you might have point in some other things that other well -known influencers may be sponsored by some company.
But no being influencers also is a business already which is if you have a lot of subscribers or followers there are other businesses offer you something to promote their business using your channel as an influencer.

The way they are explaining something, like about a coin, that it will pump for example 20x 50x that is completely wrong. Because neither they have any positive knowledge about the project, the only thing they want to achieve is their followers on the youtube or any other platform.

Most of them are getting paid for what they seem to introduce to the public and they are claiming that they didn't receive anything from the crypto project. They are deceiving their viewers by sugarcoating their words that's why investors need to understand the risks of watching their videos most of them are not telling the truth or just one of the investors of that project itself that chooses to invest first and talk about its advantages in their videos and once the price goes up, they're the one who will gonna sold their coins first and leaving behind the others that have followed their footsteps.

I think many YouTube influencers are being compensated to endorse various cryptocurrencies, but we should be cautious about blindly following their advice. It's essential to have a solid understanding of the market's basics and fundamentals so that we can make informed decisions independently and avoid getting trapped by influencer recommendations.

Some crypto influencers crypto market including.This is not good for crypto market.Some people didn't any knowledge cryptocurrency but he see some influencesr YouTube & blog.This is rong things some influencer people.so avoid this People always.

these youtubers and so called influencers sometimes are getting paid to do some review which of course gonna make their judgement bias, despite the fact that some of them may kept saying that they wouldn't be swayed by the fact that they are being paid for endorsement but regardless we all couldn't be so sure.
therefore as you said its always better to have solid understanding in regards of the project itself fundamentally and know how market patterns are.
being too much relying on some influencers might just make ourselves getting taken advantage of.

Well crypto influencer Charlie Shrem has some 'bullish' things to say. He has made predictions about the new Paypal stablecoin called Paypal USD.
His predictions is Bitcoin to reach 250,000 faster then its supposed to. And Ethereum will reach 10 times more even faster. 
https://stockhead.com.au/cryptocurrency/mooners-and-shakers-paypal-launches-usd-pegged-stablecoin-pyusd-bitcoin-cheers-up-a-bit/

Well here is 1 crpyto influencer that we know did use his fame to rugpull. Youtuber Logan Paul has said he is working on paying back investors after his crypto NFT project called 'CryptoZoo' reportedly rugpulled.

But he is blocking his comments on his twitter account. He knows what he has done is wrong. How can we think he will pay them back if he ignores them on his twitter account. 

He's not the only one with a similar case, he's just the biggest one. There are only 10% of them or less who are kinda trust-worthy.

crypto influencers is have bad or not up to the owner. what i seek they sometimes make big lie too. example mining per hour 5000$ crazy they just need someone watch it. so far bad or good influencers is up to people who hired them or what scenario to make the product. but sometimes what owner said is different to what they said. so this we can think the new one if the bad one is bad(if we as developer or owner project). so far this condition up to influencers or owner self.

Crypto influencers! Ha! the modern day digital prophets. They make the pretense that they will inform people about the crypto world, but more often than not, they are merely selling their own skewed perceptions of reality. $5000 per hour in mining? Do they really think we're fools, please? Everything is a ruse to lure the gullible, just as ideologies and religions have done throughout history. The game doesnt change, but power and influence do.

Owners and developers must become aware of this smokescreen and see through it. The success or innovation of your idea is unimportant to these influences. They only consider their own influence. Think twice if you're an owner and relying on influencers to tell you the "truth."

I think this applies to everything. A lot of things we see on the internet or social media are heavily fabricated. I have watched one or two youtube video to get a grasp of how cryptocurrency works. It didn’t teach me everything but it gave me some ideas on how to proceed. Never use influencers as your main basis but rather a guide on what and where to research. Be skeptical and try to learn what promising projects are there on your own. If you know how to spot red flags and isn’t easily swayed, you should be fine.

Cryptocurrency influencers are doing us bad than good because they are only after there own pocket that there fan base that are always following there comments and advise. The market is very big and if we keep listening to them, the crypto influencers, we might end up losing big from the market. Some investors had lost so much money because they invested in the wrong project based on the idea they get from Crypto influencers which most time is to enrich there own pocket. Crypto is very risky and wmif we don't observe well before buying any coin then we might keep losing our funds to wrong decisions.

Yes you told about right things because so many crypto Influencer like not good and always trying to force to buying this coin coming soon biggest events and buy that coin very soon possible 2x profit like this actually. But not every crypto influencer not are same and not forcing us to buy that.

Many crypto influencers provide valuable educational content that helps newcomers understand the complex world of cryptocurrencies, blockchain technology, and decentralized finance. my advice is When engaging with crypto influencers, it's important to approach their content critically. Do your own research, verify information from multiple sources, and make decisions based on your own understanding of the market and your risk tolerance. Crypto influencers can provide valuable insights, but they should not be your sole source of information or guidance when making investment decisions.

I saw layer zero airdrops promoted by the multiple Twitter accounts. Also, one of them working on one of the Layer Zero ecosystem projects as well. There is a possibility of getting paid by crypto project to him. As a user, we are just following him and trying to add more contracts. End of the day our accounts can be bots(same pattern bot)

From 2018 to 2021, crypto influencers had a massive influence but that influence is not what it used to be. Because now investors are aware but there are some new investors who can make this mistake. But they should know that those who talk about a project on YouTube or any other platform only bring forward the positive aspects about that project for money but do not reveal anything about the negative aspects it has. Since they are not the insider of the project it is completely foolish to get interested in any project by their influence.

well, that's why I never listen to crypto influencers. I'd rather find the information myself than listen to some of their research. sometimes the research they provide is very over or even exaggerated. Well, I know they are paid to attract investors to invest in the projects they advertise, or in the coins they own, but it would be better if we look for the information ourselves from various reliable sources.

That's the problem most people face, while following crypto influencer in YouTube, don't know that, they are being paid for the update to attract new investors to buy their Coin, while after a short period of hype get dump by dumpster, which I was once a victim of that, make me Lost 3ETH, before last Bull Run started. Since then I have to stay away from crypto influencers. The best way to invest in alt-coin is to make a good research about the coin before investing your hard earned money.

Well another crypto influencer is getting in trouble. Brazilian football star Ronaldinho Gaúcho did not appear before his country's congress to testify about company "18kRonaldinho". He told investors they would make 2% daily with crypto investments.   

And now there is a lawsuit for $61 Million for not returning those profits. https://biz.crast.net/ronaldinho-fails-to-testify-in-crypto-scam-probe-faces-possible-arrest-in-brazil-cryptosaurus/

And now the country of France is making it more hard to be a crypto influencers. You have to have a Responsible Influence Certificate in Financial Advertising. In order to get this you need to score a 75 percent on 25 multiple choice questions. 

I like this idea and we can hope this will cause for less scams. If all the congruities did this same thing I think there will be less rug pulls and not so many people to lose their investments.

https://en.cryptonomist.ch/2023/09/11/french-crypto-influencers-need-have-certification/

I thought everybody knew that a long time ago. Nowadays any Influencer is bought and he says what he is told, that's how social media advertising works. For example, I don't watch all kinds of experts, I do my own research and learn it from my friends who are also trying to invest, I've been earning on TFS token for a year now, thanks to this methodology

This is a good initiation from the government, providing requirements for people who want to become a crypto influencer in their country, in other words this license will be quite useful to reduce fraud and bad offers from influencers who want to do the Ponzi scheme.

I hope that in my country I also do things like this, there is a standardization of influencers in giving influence, and Lisesnsi makes it the right to give an influence, because here in my country also many people brag about crypto, many pom-pom schemes, advertisements using actors, And many more without that person really know about Crypto itself.

influencers not the worst scam scenario, crypto group like some paid pump insider was the real worst case. member they used for fueling the pump
and people still think the otherwise because most of people to lazy for searching the clues what come next  :D, this advantage used by some actor for fuel gas pump  ;D
over and over again in many form

thats just how it is, people take to take advantage of something same thing with these so called influencers and pump and dump groups they quite literally just building pump and dump force to their advantage.
the people that only follows them are gonna be too late to get that piece of cake and instead become food for the whales.
just people really think that common sense that people out there aren't trying to make you rich but they are trying to get rich off you, that should be the mindset of everyone that delves into trading and investing worlds.
there's no free lunch and same thing with these kind of thing, currently best way is just to make your own analysation and thats it.

I thinkcit's the influencer who's been paid to promote an obvious scam is the worst. People who are entering crypto pump groups has atleast an idea on what they are doing but the victims of these influencers are newbies in majority that don't have any clue on what they are doing, they are just following the influencer instructions. Influencers tends to bring non-crypto in the cryptospace and teach them to invest on the project they are promoting, most non-crypto followers would think that it's legit given that the influencers has so many followers and gain reputation on what he is doing. It's just so bad.

Crypto influencers are just part of the community. They can be considered as the information providers. Further it needs to be our knowledge to analyse and find the right one or to stay away of its a scam. One of the popular person who had good reputation and spoilt his name over time is John McAfee. He is no more and he was much praised, but at some point he started to promote projects without reason. Cryptomarket is something highly unpredictable and the same lets crypto influencers try to make money out of the market movements.

They are not a part of the community. They usually copy posts from each other, ask pointless things to gain activity, and promote shitcoins they don't believe in just because they have been paid.

They are indeed part of the community because they are getting paid to be one and to do the promotion. We just really have to be picky when it comes to the crypto, they promote and do the investigation ourselves. We shouldn't be immediately influenced by them because we don't know if they really know what they are promoting, or if they just have a script for the influencers to follow when promoting a certain crypto.

There are indicator if the influencer is good or not and that is when they are usually promoting obvious shitcoins or scams then they are not good to follow since their main intention is to gather money to his community and not exist for making his followers educated.

 A good influencer to follow are those people promoting good deeds and educate people about scams and try to open up some critical discussion which help many people who can watch his videos.

I guess you just shouldn't trust people who make adverts for money. It doesn't matter whether a person is good or bad, they have been paid to make adverts for the project. So it is profitable for him and for the people who paid him. But what usually happens is that it is not profitable for us at all. These people are making money at someone else's expense.

There are many scams, like on YouTube: there's a live video scam; there's a fake influencer scam; they have fake telegrams and fake comments, so be aware of them; then scam token drops; phishing websites scam; private key scrapper scam, etc. Now the discussion here is about fake influencers, but remember that there are good influencers too. The influencers who are consistently wrecking retail traders, giving garbage predictions, telling people to leverage up, and telling people to buy their coins end up plummeting. These people are fake influencers, but I strongly believe that being active on social media is a good thing, and following people who are giving genuine advice is very important too. So what is more important is who we follow, because everywhere there are people who taking advantage of us, but we are aware that's what matters.

No service is free in Cryptocurrency. All crypto influencers charge a fee to promote a project. And what they do for money can never be honest advice. This is a major source of their income. So I don't follow any such influencers.

Lol, yeah. I have been a victim when I was newly introduced to crypto. What I do now is look into those coins that will be listed on good exchanges like Binance and Bitget. Research them before buying any. Because those exchanges don't list anyhow coins

The important point to realize is that it is impossible for them to do it for free because in the end this is just a promotion to increase their profits wrapped in a lot of words that encourage and convince that the project they say is worthy when in fact this is a trap for those who do not really understand crypto, especially investing in shitcoin but want to do it and hope that when they see those so-called "influencers" it really gives an honest view of a project.
It is difficult to warn people like this because they are only fixated on the words of others which are deceitful.

The promotional money influencers on YouTube receive from the projects promoted on their channels and from YouTube Ads is their primary motivation, and their goal is not to benefit the inexperienced investors who will watch the promotional video and follow their paid recommendations and risk their money. At the end of these videos, you may come across a disclaimer meant to absolve this influencer to evacuate legal accountability: "It is not investment advice." Also, the influencers who own paid recommendation channels on Telegram and pump-and-dump Groups are people hired by the project's currency team. In some cases, they might even be the project's founders themselves.

It is best to avoid making investment decisions through the recommendations of these paid influencers because these recommendations will most likely drag people into scam traps and obtain false recommendations and expectations, thus transferring money from their followers to the pockets of the scammers.

If they're saying that they're not charged to promote, don't believe with that word.

These influencers are making money from influencing their audiences and fans with anything they say. And if they truly are not paid to do that, there could be some x deal behind that.

Or way better offer than being paid but like having a share on how much it will be for the percentage of profit after the promotion done by them.

Well the latest case with crypto influencers is now becoming a topic on social media.  American social media influencer Logan Paul had many people invest in his crypto NFT project 'CryptoZoo' before pulling a 'rug pull'.
At beginning of this year he promised to pay back $1.5 Million to compensate his investors. Now the year is almost over and there has still been no money returned to them.
There is many lawsuits for these celebrities so now we are not seeing so many crypto influencers. I think it is good they are being sued like the ones from FTX and other scam projects.

Those influencers get paid after advertising any coin aside from advertising cryto influencers don't just advertise a product just because they love the product they get paid for advertising, the worst part is most influencers don't even know the purpose of the coin, I don't think they own any coin, I will not blame influencers rather I will blame credulous investors.
It depends on the kind of influencer or coin sometimes most people get lucky in the process it all depends on the coin, while some investors after encountering loss in the market they will choose to share their story for others to learn, this topic has been the common topic it's best to discuss topics like this so everyone can learn.

Yes they should be booked and spend some time in prison as well. It had become a trend that everyone especially celebrities started and they were successful in fooling so many people and followers to buy their project. Recently Christina Ronaldo was sued on similar NFT related lawsuit.

Glad that they are being held accountable and iny eyes they are no different than Sam Bankman-Fried as they all loote their investors and should be handed same punishment.

Now celebrities are shedding away from crypto projects but it's these so called experts who have gaine lot of followers have taken over he job and deceiving people for like and views, selling heir subscription. Educating people at such high level is not possible without government's support but definitely these scammers should be hounded.

yep, 100% correct, they were paid for it, making the project's image shine as if it were the next eth, eth killer and others, even though it's a trash product. especially new projects with low liquidity, it is very easy for you to lose your money there, still be careful when investing, always do your own research, don't trust anyone, except yourself. whether influencers on YouTube, TikTok or any social media. Be careful my brother, many loan sharks want your money during this bull market.

It is true that most crypto influencers are not experts in these fields and only do sponsored videos for the sake of money. Most of the projects they talk about, they don't invest in, but there are a few gems in the sand who are really good at bringing good projects to their community. This type of people are very rare in the community but luckily i know few of them who release very good content for their community gradually about the latest developments of the market and any potential upcoming events that can impact the market.

It is very true, as this youtubers and tiktokers play a crucial role in misleading their followers and those who would watch those videos into buying shitcoins. Most of the people who buys the shitcoins do so due to the influence and reputation of the person used in marketing this Altcoin. Not all turns out being bad but majority of them don't make it for long as their sole aim is just for the pump and dump.
We need to be sensitive enough to managing our investments and not look due to the hype and reputative influence of a person or medium at which they use to promote the project as those people are paid to do so and have no interest in the project, not even do they invest even a penny into what they are marketing

This is something everyone should be able to notice by default. Most times the title and even the image of the video will show that it’s not their real opinion but that they are probably paid to post it. All those 1000x claims are crap because if they know that much, what are they waiting for? Why not invest all their life savings in it? So the next year they’ll drive a Lamborghini? Well, don’t make your crypto investments decision just because “he said” “she said”

I always watch any videos from Crypto Influencers. But, i never follow them to buy any token in their content.
I only understand their good and discard bad information.

Yeah I agree, these ‘crypto influencers’ are mostly all grifters, absolute bullshitters pushing shitcoins on poor, gullible dreamers. Do your own research & don’t fall for their snake oil. There are loads of these scumbags, Ben Armstrong is one of the worst aka BitBoy. You have the likes of Crypto BitLord who is a total scammer. It’s a shame because most of these guys started early in Bitcoin but through greed got sucked into shilling scammy altcoins to their gullible followers.

it's good and I do it often too  ;D
When you do that you have done two different things, namely, the first is that you increase your knowledge about crypto and the second is that you help an influencer complete their work. I say that because I know from a friend of mine who was once a crypto influencer and to get paid he had to make interesting videos and had to reach the agreed number of views.

We don't have to entirely stay away from influencers since we can always get information from them about the market but that does not make us to be fully dependent on them for what we want in the market. The market is volatile so we need to get solid information from influencerd since we get do it on our own about the market and how we can become a better trader and investor at the same time making money from the market. There are lots of things we can achieve in the market and we don't have to relent much on people around us. The internet is there for us.

That's why doing your own research is more important than hearing input from other people, many people are trapped because they are tempted by someone's advice even though they are quite influential in the crypto industry, because actually those who promote must have collaborations with related projects, and of course their goal is only to gain  payment for the work done

this is why some influencers are using their scope of influence to attract some of their gullible followers. and the problem here is that they are being paid whereas their followers are not. people need to learn their lessons before they will come to the conclusion that they are just being duped by these so-called influencers.

if they are not doing any research, they will soon be bankrupt by these weak projects. because let us admit that most of them are just created for the mere reason of devs' pocketing money. as you can see, most have no reason of existence at all. pure talk but no solid ground to sustain their market.

We are  not trying to draw a conclusion that all these Altcoins this Influencers do promote are all scan. It is very good to watch their video cause sometimes they tend to share useful informations when promoting projects. so it is left for you to decide try as much to pick the odd ones from the even, forget the hypes they will attach to the project, do your own research as no one else will bear the outcome of your loss.
Take your time to understand the project they are talking about, some of those projects they promote can give profit but first have knowledge before investing your money into it.

They also give false information and often they describe the tokens way too much because they are just actually hyping everyone who follows them. Sometimes they put some baits on their captions without giving any consideration that it could lead to a major loss of someone who is fanatic about their opinions. That's why everyone is obliged when it comes to their investment in crypto because this is all about money and you can't just simply mess it up here especially when your capital is limited, you need to make sure that the coins you are buying have a high chance of success based on your gathered personal knowledge.

It has been exposed many times but people here are still fool to invest or be ready to believe in those influencer that can make them instant rich in short time while they are only fooling them , and instead of investing in shitcoins or other coins then why just buy Bitcoin and keep waiting for sometime to make profit?
the longer we are willing to wait is the more profiting we may get in time.

People need to understand that they are YouTubers and not Traders. Their main source of income is YouTube ad revenue and promotions. Their content is just about Cryptos, but they don’t have enough knowledge about it, neither they rely on cryptos to make money. Hence, we need to stop following them blindly. They promote coins and get paid or do affiliate, that’s all. Rest everything they promote is turn out to be scam or shitcoins.

Everyone wants to make money in the system; there are various methods to milk the system, and everyone has a strategy. We should ignore impoverished information about a project, and we should not rely on influencers for cryptocurrency updates; instead, we should schedule time to thoroughly analyze the system. We have crypto influencers who are primarily interested in profiting from the various videos they have created; these influencers have received deals from crypto projects for promotion, regardless of the project's roadmap.

if they are influencers who shill coins, they are always biased with what they are saying.

but its not so bad following those channels that provide news about what is going on in crypto space like the channel of Paul Barron or George. i have been listening to them for some time and there are news that i only heard from them which is not posted in this forum. ETF updates and SEC regulations are always the news that i always want to be updated that's why i'm following those channels.

They sometimes give you a good information not about those altcoins they promoted but the altcoins in general, you can follow that and filter what is good or not. But it's not that advisable to just follow them without you do some research as well. But still if you already choose one or two of your news media, it's always better to just cross-check on different platforms to ensure the legitimacy.

Not bad to follow good channels that are providing news and articles that they've read. But it can't be avoided that there will be time that they're going to shill projects. So watch them out when the bull run comes because a lot of projects will use these influencers as their channels for advertisement and shilling. This is a common trade for the crypto influencers as they get paid to have their insights making it look a genuine reaction but it's all paid and shill.

the reasons people are still sticking and following them are because their influencers often time are so persuasive in their content even with their click bait title that attracts so many people into thinking that they gonna be getting some genuine information with the content but at the end of the day its just some content to get people into investing in some certain coin etc, thats the thing.
although undeniable that sometime these influencers are giving some good knowledge but there's more likely always gonna be some ulterior motive along the way even more so when their followers are already so many they'd start selling course which we don't know whether that gonna work since they never disclosed their history of trading and so on.
I guess people should be more smarter to know that rarely people gonna make other people rich.

yes the key is having the capability to observe the market by our own, its good to get some heads up about some new altcoin but we should also know to only pick those that worth the investment by simply looking at the fundamental.
therefore I think whats essential is knowing how to analyze.

One of the worst species out there is called a crypto influencer. Most people don't know anything, because in reality nobody knows anything, it's impossible to know. They all work with deception and are scams.

If you need influencers to make decisions, the worst that will happen is that you will lose all your money.

Therefore, the best way out of this is to study and understand what you are getting yourself into.

I heard that name Bitboy before and actually attempt to do one of his giveaway, but after reading the comments on that post, I change my mind. You are right that he is not trusted now. Same goes to many other influencers. Money truly changes the attitude of a person. It only sucks that even their reputations are already destroyed, they still can get a promotion and then there are still people who blindly believe on them.

I salute those pioneers who didn't go on the same path. They are already contented on what they are earning through their antique cryptos as that was still a huge amount. And they are at peace because they don't do harm to others.

They won't be called influencers if they can't influence their viewers. Just like what happened to you, you almost tried to do one of his giveaways. Influencers will do anything and say anything good to get more people attracted to what they promote. That's where they get their money from.

Many influencers are paid to promote project which the project can be good or bad project,  listening to influencers doesn't mean all what they have said should be taking, first thing that needs to be done after listening to them is to weigh their content if it is worth it.
Many people have made so many mistakes about investment just listening to influencers who are promoting poor project for people to invest in, it is not every influencers in the social media that needs to be taking serious.

Exactly, also they always make themselves look rich with rented cars and houses. Young and not-too-smart people tend to believe it.

  With this coming halving and bull run of Bitcoin next year, it is certain that there will be a lot of crypto influencers who are starting to pretend to be experts in Bitcoin, but they are not. Even the crypto influencers who have lasted until now are just hyped to their viewers and followers.

  So it is still better that we ourselves conduct research on the things we want to know about the crypto business in which we live. You can watch, but don't immediately believe what they say in the video.

Lamborghini my foot, I can't even think of it, how would someone tells me that I will get to be gifted a Lamborghini in a crypto-related investment? I can't be that foolish to that extent and I don't know why people would, especially as things are these days where you are seeing crypto projects spring forth like mushrooms everywhere. It's better we stick to a very-informed style and be smart, there are ways that things should be done when it comes to cryptocurrency and even if we see the hype, why not do the necessary research that will help you come to the right conclusion about the truth?

Besides, I love the concluding part of your post, you don't because someone says a thing you just believe it, not even your parent when you are an adult, you get to do your bit on your part and get convinced of it before committing your money and yourself. That is wisdom as far as I know. Like we always tell people "Do your own research" (DYOR). No one can be wrong with this after all, and above all, we should be cautious when it has to do with money because not everything we see is like the way we see it in this dubious world.

I'm not move by the market, rather I'm keen on multiplying my portfolio in the system. Crypto Influencers are only after putting money in their personal accounts and pockets. These days the present crypto influencers doesn't hold or do findings on much information about a project before promoting it, rather they stick to the profits to be earned from the project and ensure they're one step on accumulating gigantic profits from the market and the project. So it's advisable to always create out time to scout the market for promising projects and ensure to invest in legit entries, more like early investment.

Not gifted, in fact, I was only using that as an example. Normally, they’ll tell you that you’ll be able to afford certain things and they would even list some, probably. I say probably because all of them have their different strategy to  convince people into clicking their link or investing for the project they propose. I understand that you’ve come a long way to be fooled by some YouTuber, but don’t forget that people fall on YouTube to learn and get knowledge? So this conversation isn’t about us who know… it’s for those who haven’t joined crypto enough to know that YouTubers are paid.

so many people have fall victims of influencers promoting crypto they know little or nothing about and they just invest into it because are being promoted by their favourite celebrity.

I think we need to understand the difference between being an ambassador of something and actually sharing knowledge from a personal point of view. A lot of people have accumulated shit coin because of the hype by the person that did the promotion.

Influencers now are just like those Shitcoin shillers , they are being paid to make projects looks great but in the end scammers lol

Never that I trust any of them from crypto influencers to Gambling influencers(in which the most popular nowadays)
instead I trust only my own digging to find which project or coins to invest and risk my money, or much better to seek answers in this forum that letting myself being fooled by them.

I think that we should constantly watch videos of influencers because they provide certain good information which we never know before but its upto a person that whether he is following it or not but analysing information from different influencers is necessary. Although there are some fake individuals who are earning money through their YouTube channels but they are not real influencers therefore looking into their channel and information regarding them will help you to follow their advice.

Crypto influencers who are providing information regarding tokens through youtube are not asking for money therefore we can watch these videos without paying them so there is no issue as it totally depends on us to just listen to their words or are performing according to them. Sometimes we need information but we don't have any fellow who can guide us so influencers shows as a good fellow because most of the things are unknown to us but we seek from them.

Indeed this forum will not allow you to scam, or the chances of this will be minimal, unlike Twitter or YouTube. But unfortunately the forum is not very popular, unlike other sites. You are right to try to do research on your own.

Here is the general process.  For these fringe projects, if you arent in the "in" group than you are just pumping their bags by buying.  Fully agree here don't be fooled into buying these empty promises only to full someone else's bag.  Do your own research.  Start with bitcoin and go from there.

Crypto influencers can provide valuable information and insight, but they are not financial advisors. I think not all influencers are trustworthy sources of information. It's always a good idea to verify and cross-reference information provided by influencers, especially when it comes to something as complex as cryptocurrency. A close elder brother of mine he used to follow a crypto related youtuber, he had a lot of tokens, they were overpriced. But he kept the tokens as per his YouTuber's instructions hoping to gain more value but after a few days it became valueless. So I think looking for different perspectives and sources of information rather than just relying on a single influencer or source.

usually its like that, a good source of information but just never abide by their advice because god know what they truly aiming for, maybe they are paid to shill just so some people can have some exit liquidity and such thing occurred way too many times behind the scene, therefore don't follow influencers advice even those signal groups are also not an exception they basically have the same problem of getting paid to shill and for other people to have exit liquidity.
the wisest action to have is to analyse thoroughly what these youtubers are saying by our own, then we might know some strange thing and know not to follow these advice.
its always a bad thing following other random people advice anyway, you just not gonna earn money from that after all the one giving advice also so eager to make money so thats that.

What you said is actually true, anytime I visit YouTube or telegram I always watch crypto advertisers, who always promote some coin, making it look like they have potential which they have not. Just like you said that they get paid by YouTube. Because the total number of view and likes makes them earn money. Though not really all that do advertise fake coin or promote scam project, but do it for the reason beat known to them. Maybe of help to people who need to know about it or do it just to gain more views. I don't even see a reason why someone will advertise something that is not good, where as if the project turns out to be a fake project you loose your viewers.

This YouTube crypto influencer are paid by the project at which they are promoting on their channels. They are not concern with the potentials of the project, they are giving the job as a means of advertising and bringing new investors to the project. The crypto Influencers viewers becomes the very victim at the very end for those who choose to invest into the project.

It is always advised to DYOR before investing, yes at times they might promote projects that are genuine but do not mind the hype they always attached to their advertisements, you alone will bear the loss so extreme research is to be considered before making any investment.

But still, we should be wise about it, it's not all the influencers who are introducing the products that are fake, some would even make you rich if you did it at times. You can't possibly know if a product/project being influenced by them is good or bad unless you do your own research. I shipped in this advice because I am regretting many of my actions of late when it comes to investments in cryptocurrency. The phobia of not trusting the influencers cost me that, I was too wise in my own counsel. If I had followed what I read from the influencers in the past 8 months to date, I believe that I would have made over x100 of my capital by now. This is not by investing it in a single project but by investing it in multiple ones, but it will be in a situation whereby I will be moving the funds from one project to the other over time.

Some projects singlehanded moved over x25, it could be crazy like that and this has taught me a bitter lesson that the more your risk, the more your money, and the more you believe that everything is a fake, the lesser you see and the more you painfully miss out, just as I feel now. Despite this though, you have to do your own research too as most of the influencing projects are also "nothing to write home about."

Many people have little knowledge about crypto so they fall prey to crypto influencers. It would be better to practice yourself to avoid frauds. Investors are victims of this fraud by creating various fraud traps in crypto so if you practice the market yourself it will be easy to recognize the bad projects. Advertisements do not always provide accurate information. Fake projects try to make them look good. Their main purpose is to make money.

Influencersbare not bad people but we just have to be careful how we sort for information from them. Many of the influencers in the Crypto market are just there for the purpose of gaining more from the market. There are influencers that are being paid to promote projects that might not be suitable for financial investment. That is one of the ways many bad projects mostly get their investor. Marketing is a tool to gain more investors into the projects. . investors are people that is going to make project surge higher than normal.

  You were correct in that matter, There are no influencers who only want to be successful, and they will not make any money from it. We know that influencers seek profit through their views. So I don't like most of them, but most of them are fraudulent, just for the sake of getting a lot of views, even if it's a lie that they don't care just to get a lot of views.

  So you must be observant, curious, and careful above all; don't simply believe what the influencers say. So that we don't fall prey to the wrong information that they provide. That's why they only target those who don't really know anything about cryptocurrency.

This bull market that we are entering it is very sure that influencers will use it as a strategy to lure people and to promote shit coins. Those who don't know anything about crypto and the market will fall for them in this season but as for those who makes research to confirm how authentic information from the Internet can be true will escape the things that this influencers have to say. It is not every every thing that people who claim to be expert are correct, some things needs to be look into for good findings.

Your point about crypto influencers is spot on! Its very important to be aware that many of them are paid promoters, and their promises might just be a setup for you to fall into those scams. Trusting them blindly will end up having them laugh at your face all the way to the bank.

Perfect example - Adin ross
Link - https://youtu.be/XJqNfjwdUkY?si=91PPLXTrG-1OOtBH

Truly influencers and celebrities are out to make money for the right price, they'll advertise your underwear for you you for a price, so relying on them to get a genuine information about a project can be deceptive. So it's better after hearing these hypes, as a potential investor to carry out due diligence before commiting your finance, otherwise the investment might end up a shitcoin. This is an ugly trend because people tend to believe in a project when they see popular celebrities ondorsing such projects. Best thing is to ignore such adverts and inform family and friends about buying into what they hear on social media, without doing thorough investigation about the product.

Not just about pointing fingers but most of the times they fully know the incapability of the project launching into the market and they still deem it necessary as to promoting such projet not considering the financial status of their followers who will invest in such projects. Most of them just want there pay and care nothing less about those people who would blindly invest base on the promoters influence.

It is good to be careful and knowledge enough to check closely before investing in any project despite who they use to promote the project.

we can't blame the influencers. However, they are only paid to promote projects for the duration according to their work contract. Whether their followers invest in the project in question or not, of course, we have to assume that everyone has the knowledge to do research first. so they won't regret the advice from the influencers they follow to invest.

The impact of influencers promoting too many failed projects will also be quite large. it also affects his followers who may leave and no longer follow him. So I think influencers also have to be more thorough and careful if they want to choose projects to promote. however, they have loyal followers, who may simply follow the advice the influencer gives.

Everybody is now a crypto analyst, celebrities and influencers who promote new projects without any knowledge says exactly what they're scripted to say, so far they're getting paid. I commented on a thread in this forum where Christiano Ronaldo, advertised a new project, many investors rushed and bought it because a superstar endorsed it, only for the coin to dump and become worthless, I hear that investors are suing him. I'm sure that in court his lawyers will prove his disclaimer, while the ignorant investors will lose their money to scam developers. Truth to your word, many people have tagged cryptocurrency as a scam because of their experiences in the hands of these influencers that are working to get paid by scammers.

Because in the end, the words about DYOR that some influencers always say are just an excuse so that they can promote it while attracting more benefits from paying for what they promote and of course temporary benefits for a project because in the end what we need to realize in this case is that they really don't really intend to benefit others.

And such things are very common to happen because after all when we are faced with a situation in profit then we will do it for ourselves first regardless of whether it is a supporter of profit or loss it doesn't really matter because all we need is for personal gain, so it is the case for influencers so it is important for those beginners not to get too absorbed and believe what others say because it could be just for personal gain not as a whole.

Crypto influencers play a role in providing information about crypto projects that we might not be aware of. They may be paid to feature a project on their blog, and as viewers, it is our responsibility to judge the authenticity of their statements. Once proven true, we can consider investing.. otherwise, if proven false, we have the option not to invest and may choose to unfollow them for their lack of transparency.

Yes we can't blame them because they are paid for the service but there are some that are doing it for themselves and not for anyone and those ones are the scammers projects. And most of the influencers are promoting projects that they know nothing about, and when people were influenced to join the project and invest in it and later the project collapsed then the influencers are to be blame. And many of these influences are celebrities so their face and identifications are very much clear in the public.

Just imagine a popular footballer is advertising 1Xbit. Does it look good? We have to be careful of what we advertise because it back fire. Though if you don't know, then you should not be blame bod it and when you have known then back out.

Depending on influencers before we make any financial decisions in cryptocurrency is a waste of time. We need to stand and make suitable decisions for ourselves rather than depending on what is not necessary. The crypto influencers we are depending on are also getting there information from somewhere. We need to be relax and take crucial decisions that is going to help us whether now or in the future. No body is going to take responsibility of we make decisions based on influencer and lose money.

However, the information they provide can be wrong or right. As potential investors, we need to do our own research first because sometimes influencers are paid to provide good information, but not bad information. So, as wise investors, seeking more complete information will be our task. It would be better if we decide for ourselves whether it is a good project or not, and decide to invest based on existing data or not. After all, if it wasn't like that, then we might regret it when bad things happen.

Social media crypto influencers especially in YouTube has caused a lot of problem amongs the  newbies By promoting fake coin. and this fake coin are being bought by newbies which gradually turn to rugpull as time passes by. so I urge each and every one not to invest in such YouTube or Twitter promoted coin. because it is definitely a rugpull. and any body that buys it will ever regret why investing in such coin that is my piece of advice on newbies on crypto influencers.

If you can't take your own financial decisions, then cryptocurrency is not for you. This is the reason why everyone will say that do your own research before investing. No one will come forward and give you any actual advice about investment. It has to be your choice and anything that happens like profit or loss, it should be the outcome of your own decision.

If you like the ability to find out which one is to invest in, you should never invest. Influencers are like cancer. You cannot get rid of them as they flooded the social media. Don't follow the mass, Make your own decisions.

We have to make own decisions,it is correct but if we get some information about new projects from the influencers where they discuss deeply about any project then I think it is not bad to get knowledge and then do some own research and after that we could be able to make right decision whether it is suitable to invest or just some days hype. I agree that 90% influencers are just making videos on promotion projects but I will say also that 10% influencers you will see that their videos are worth to watch, Their articles are worth to read where we get lots of information about different things we cannot learn by self. We should follow them just for educational purposes not for investing advisor.

It's not all the time that they will provide helpful information about projects. But what they are mostly highlighting is the emergence of their viewers why they need to invest into the projects they're reviewing. I have been a victim of those before but good thing that it's not so big amount and learnt from it quickly. That's why if you are just going to be dependent on them, you're going to lose a lot of money if you're not so quick to realize that you've been sold out by these influencers.

Good point. People hate influencers because they tend to pump their own bags, but we need the information coming somewhere. No matter if it's a crypto "news" site, or a person who follows closely what's happening on the scene. Those people often even have teams working for them. We can't just brush them all off by saying they are "just" influencers. They are the ones bringing us more newbs and actually educating people. Well some of them are. But any influencer just following charts and throwing in target prices are waste of time imho. The ones commenting on the price action at all are not worth my time, and i have followed many of them in the past.

There was a mistake in my previous reply. I wrote can instead of can't.
Anyway back to the subject. 90% bad influencers and 10% good influencers. That does not seem correct. If you leave a rotten apple in a basket full of apples, others will become rotten too. Same way if you put one good apple in a basket full of rotten apples, the good apple will rot eventually. The whole influencer thing feels like a scam to me. They will provide you with many good knowledgeable thing and they will put a little bit of something bad, and you will not know it.

One lie hidden amongst 9 truths makes that one lie seems like a truth. And those influencers will always say that this could go either way. So that they can be on the safer side when you point fingers at them. It is hard to look for knowledgeable articles or words from the influencers as there are God knows how many influencers out there. Anyone can copy and paste something from the internet and call themselves influences.
Even the reliable sources are not providing with 100% accurate knowledge. Hard to trust anyone these days.

it is a fact the newbies watch random videos without investigating about the narrator therefore they believe on all narrators and then randomly select coins. In such way newbies have lost large part of their money but I think its not the fault of influencers because they will share knowledge about the coins which they would have found beneficial once but in fact every coin never comes in similar way all the time.

Losing of money at start is not a big talk because person has no experience when they enter the market and when they follow the instructions of influencers then they will not remember that what is better or what is not but I don't think that those who follow influencers at starting stage are wrong because they will learn from anywhere in which influencers are better choice for them.

What do you expect? That is the purpose of influencing and people have started to know now, and more exposure is opening people's eyes. Well, I have never been that kind of a slack person, I have always been smart and know that what we see does not necessarily mean that it is so, so it will be unwise to believe all that you see by a common man that is trying to sell a product or service. A lot of packaging online these days, so we should not be surprised about them again, but we should not let the bad ones also cause us to lose our opportunities. I say this because as we condemn influencers, we should also think of the positive side as it has helped some people to get the fastest information that changed their lives forever.

Only that we should know the kind of products/services we are opting for so that we do not regret. Making our researches is good too, that will ensure that we do not make mistakes. Specifically, crypto influencers are in both ways, good and bad, we should find a way to decipher the truth in what they say and commit our money if we are satisfied in our minds. Also, if you did not buy "a lie" at times, you might not buy "a truth," it has to do with risks too. Many people had risks it and had gained massively through it, there are testimonies everywhere as well. But we have to avoid being scammed which is the ultimate here, and once we are not scammed, any project can work even the ones that started bad, they might later surprise you. We've seen a lot of such and more will come.

Everyone needs to be careful with crypto influencers, especially noobs. But then again, the golden rule of any investment is Do Your Own Research (DYOR). Anybody is free to invest in any coin and they shouldn't blame the influencers because information on these projects is available online. The influencers are only shilling projects because they're paid to do so by the project Devs. We all need to take responsibility for our actions in theal market rather than whine about influencers misleading folks.

Laziness is what is really affecting some investor especially the small investors. They really don't want to use their time to make research. They mostly go on wrong investment after investing on advertised project. Although I'm once a victim but now I've learnt my lessons after been involved in some scam project due to some hype made by some influencers.

The influencers are just doing their job, to attract naive users to what they are selling to their followers.
It is the responsibility of any investor to do his own homework. As they are spending their own money, you have all the freedom to do what's best for your funds.
These media influencers are mostly doing for money, don't care about the welfare of their subscribers.

Some influencers they are paid just to promote a project and this influencers they do their job by hyping it which will interest investors to come for it in the market, believing in every influencers online has made so many people go into the wrong choice of investment.  Their are good influencers and their are also bad influencers,  one just have to be careful when dealing with influencers because some can lead one into a wrong project .

All the influencers have some kind of economic interest in their efforts and they tried to give the best one to their community as they also wanted to keep their reputation intact. If an influencer community is not getting any benefits from him then surely they will stop following him. So if any influencer is sharing only the bad projects then I need to say he doesn't have much knowledge about the industry and is not qualified to share investment information. I don't consider influencers to be bad actors in the market as they are the fastest way to learn about new projects and any new events in the vast ocean of crypto.

Usually they don't give the best to their community. They offer the product which developers pay them the highest sum of money to be promoted, or just the product which developers are willing to pay them to promote. There isn't any kind of filters or quality control in most cases.

Besides not having knowledge, the influencer is also greedy and egoistical, because he wants to make money promoting a product he doesn't know very well, neither know how it works for real. He cares for himself, his personal gains, and nothing else. He gives a shit if his followers are going to lose their hard earned money. Ironically, they make a living from that public's views...

If not worse than the developers themselves, influencers are equally bad. They are the vehicles or middlemen being used by developers to scam the naive and deluded public through shady crypto projects which have as goal to only enrich the people behind it, ot the topside of the pyramid. They use charisma and influence to potentially harm other people. That is disgusting.

We can always get scammed when 2e listen to influencers that have the motive of advertising fake coins and any project they come in contact wih. We have tobe very careful with our decisions because it could have great consequences on us if we don't think we'll and ask questions before we make any financial decisions. Those that had been in the market for long know how to make better decisions on the project they want to invest in. We should always make careful decision when choosing crypto projects.

I love this topic so much, because influencer are just one of the major causes of newbies into the crypto network losses. To my knowledge, those who follow after the advise of influencers in regards to buying or selling of any coin without their own proper research,is just a newbie trader. Because I don't see any season for letting another man's idea affect you decision when you can make yours. However coins that were advertised by influencer can still turn out to be scam project, so let's stay on guard and do your own research for better clarification.

The mistake people do have with influencers is believing everything they promote 100%, after listening to cryptocurrency influencers investors don't bother on going for more research to know if the information is correct or not. The truth is that influencers can't be totally correct in everything they say, they will also do some hyping that will interest people to come after their projects. Influencers can more about a project just for their own self gains.

Well there is a lawsuit but it did not stop Christian Ronaldo from playing football with Binance NFT owners. Even with the lawsuit from investors seeking damages.
There is damages of more then $1 Billion that plaintiffs are seeking for his NFT. It is for the sale of unregistered securities.
https://nftnow.com/news/cristiano-ronaldos-holder-workout-shows-utility-and-challenges-for-sports-nfts/

The majority of the proclaimed crypto influencers are just hyping what they have bought. This is very bad for those people who are new to the cryptocurrency world.

The best is to learn it from yourself and practice trading. It would take years but worth the time investing.

I believe God gave us the brain to think. Just like when we receive and analyze other sources of information, like media outlets or social media, we can also follow some influencers as our other source of information. We can't just follow them and literally follow their steps, even when they're jumping off the cliff. We can cross-check it with the others and draw the best conclusion from it, so we can make the next decision. Always be vigilant, peeps.

The so called influencers are an advertising agencies. They use their followers as viewers of advertisement and as crypto influencer have crypto based followers, they are a good targeted audience for new crypto projects that wants it's coins to be sold.
It's not that every project advertising are scam but every projects being advertised by these crypto influencer are not labelled as an advertisement but rather sold as investment advice or endorsement. They just shill it so that gullible people would jump into at a higher price. While in reality the influencer has no interest on the project until they were approached for advertising.

Unfortunately, it's pure truth; many bloggers create their videos this way. And gullible onlookers may fall for this trick. Crypto bloggers are not part of the team of any particular project, so I believe it's not advisable to trust them. They do it for their own benefit.It’s especially worth going through bloggers who offer to join a private channel for their knowledge; most often you won’t find anything valuable there.

I think their advice is not too bad to use as a reference, but in the end it is our own choice to decide and not follow their opinion completely.
Suggestions are also not too bad when we want to know something about other people's opinions.
suggestions can also be constructive.

But you will lose your money, because private groups are always paid. A few influencer bloggers bring real benefits: they write manuals and become project ambassadors. The remaining majority, they simply publish news using their referral links, thereby making easy money at the expense of their subscribers. Thus giving birth to an army of sibyls. They are like dung flies; the worse the smell, the larger the swarm.

well, their opinion is not completely bad.  However, to minimize the risk, we also need to be wise in responding to this and starting our own research.  even when we find most influencers saying that the investment is good, we need to do our own research.  There are many types of crypto influencers nowadays, and among them, there are many influencers who think that the investment is good because of their high fees.  So, stay careful, be wise in choosing investments, and do in-depth research

Its important to distinguish influencer's from educators as well. If you learn something in the technical way from listening.. if your like me you wanna hear his other stuff, if this is how a teacher of tech makes money.. i will support that as long as i can learn from his experience and/or skills.

But yes, too many podcast leading people astray into crypto bubbles that have no real end of the world utility like monero, reticulum, lora type techs working together as pirates can pave a knew new less tyrannical system for this structure to compete with...  eventually people will see that the grass just might not just be greener on the other side...  but its real grass

Yeah. Majority of these YouTube influencer are doing this for the money. They may really not be interested in the future of the coin. They are paid to build hype around the coin and that's all.
But, there are still some influencer who are actually supporting these projects genuinely, not just because they are paid to do it, let's not forget that too

Though this influencer do their jobs by advertising an praising this projects, I feel that they are doing the wrong thing because before you work, I think the persons you want to work for is suppose to tell you the nature of the job before you guys can come to the final terms, you can't just take up an opportunity because you feel that you will make a cool cash from it, what if such job end with government hunting for the project owners for example, don't we think that the influencer will be in trouble too, it will be a good thing if an influencer ask his or her employer how genuine his job is before he can accept to take up the role.