Bitcoin Forum

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

Good decision, youtubers are all scammers.

I do agree with someone above me. Youtubers are only manipulating or brainwashing their followers to buy at the peak price. Almost all of youtubers influencers are scammers. They are only care with their pocket but not with your money.
It's better to avoid to follow these garbage youtubers and try to follow your own decision by doing some analyzation towards the market.

BTC is down almost 60% since the ATH last year, how can you benefit from converting your alts into btc while btc price declining everyday same with alts? Much better if you converted it into stable coin and buying the dip again while crypto market is dumping like crazy in the last few days.   

They are not intentional scammers many of them are bounty hunters who just want to make free tokens from newly launched projects some of them are being paid to hype a coin although they have done their research they really have no control over the outcome of the project they are promoting, people should really do their own research and keep themselves updated look at what happens on Luna it wiped the fortune of 98% of their investors if you are quick to get in you should be faster to get out.

I give you a tips.

I work with some projects, and all of these influencers not only "Youtuber" but also "Twitter" is paid promotion, It's called by "KOLs" while they can get paid by direct money with major currency, or offer marketing service to included into sale token.

Good decision to not listed anymore.

I don't mind I think long term 4 years from now and continue to accumulate btc/eth/sol on crashes like this. ALTS will wiped out from the market in few years from now 99% will die.

It has been very much advised in the past not to rely on other people's words when it comes to any investment and trading as they will only say what they know, whereas we only do what we are capable of and know well, so it is always better to rely on ourselves rather than the words of others, because every step we make ourselves there is always a consideration for the risk and safety.

from the beginning crypto influencers and media had a vested interest in providing information. therefore often they are shillings and talk too big. following them is the same as getting you one step towards loss. it makes more sense to listen to a friend's advice, than to watch influencers spread information that doesn't make sense.

It was a very good decision to convert all your altcoins to BTC and ETH as well as SOL and I think it will be profitable in the future.
Yes, the Youtubers out there who advise you to buy one or more altcoins know nothing about them.
They don't even know if the altcoin will increase in height or will disappear.
They do that because they want to attract investors to the altcoin project and they will get paid from the project for helping promote the project.
So be careful if you get advice from other people you don't know.

Couldn’t agree more than this. Problem with YouTubers is, they have different level of energy within them. They will always show you something that will make you worried about the market so what you do next? You keep watching their videos, subscribe them and try to analyse what that guy has to say more. That’s called as negative marketing impression. Make you feel worried and tangle in it. Happened with me many times. Better to skip them and only use YouTube to entertain yourself with vlogs and shit

Decide wisely for yourself. The KOLs I know all accept money to promote projects ranging from shitcoin to the top and to lead our minds with bogus trends. And when everything is exposed, those knowledgeable enough will get out of the way and those who are still stuck with the loss will receive comforting words like blame yourself for not knowing enough and just listen to them :)

Actually, it's okay to listen to advice from influencers as long as the influencer is really competent in the crypto world,
it's different if they don't know anything and just talk nonsense,
Besides that, we must have principles and not easily believe so that when we get information we don't immediately believe it

Most youtubers get paid to promote projects. I plan on consolidating my 40+ alts into just 10:

ICP
0xMR
XRP
XLM
HBAR
ETH
BTC
IOTA
NEAR
Link

I am accumulating ICP right now. Solana I would stay away from.

That is a good decision, by covert your token to Bitcoin, sooner or later, your digital assets is set for Bull run, because bitcoin is the number one coin among other Alt-coin in the cryptocurrency market.   

It is ok to just listen other's opinion in cryptocurrency as long as we don't take any important decision.
I don't know what bull run you mention about because as i know we are in bearish market condition now.
We should not relying others when we want to put using our money, just take our time to research toward the coin we want to buy.
With that, we will not regret about anything because we just move according our own decision.
I personally prefer to convert my coins into stable coin to avoid this bearish market.

Its just a promotion, a celebrity says that girls will fall for you by just using this underwear but that is the reality? If you call the youtuber as scammers then all the people who act in the advertisement also scammers right? Anyway you took the right decision and in future don't make investments because someone told that will be good.

That's the best decision that you've done. There's a craze now with the pump and dump altcoins but you will never know until that craze will stay. But if you've put your money into bitcoin and ethereum, that's the best idea to make. It's actually relevant and in the long run, you're one of the winners in the market because that's how it works. And the patience that you'll have for up to a few years before and after the halving, you'll see the worth of it and others will admire what you did.

It's just sad that most newbies for sure are starting to get their knowledge about cryptocurrency are in Youtube. I admit this because before I already tried it, especially when I was a newbie, there are some channels on Youtube that I am really a fan of them and yeah there are some good you can get but most of my experience are worst and I lost too much before.

Your opinion coincides with mine. Indeed, there are influencers who still know a lot about crypto and, accordingly, their words can be trusted. But these are 1% out of 100. In general, what we see on YouTube has a direct or indirect benefit under the hood.

You are doing the best for your investment because by holding BTC and ETH, I think holding those coins is enough than holding a lot of coins that you don't know whether to go up or down. While with Solana, I actually don't know if Solana can improve in the future or not and besides, Solana is a new coin which is still in the development stage. So I hope you are careful holding Solana. It's better to analyze yourself than follow what others suggest because it is your money and you have to take responsibility for it yourself.

This is true, because at the end of the day they are doing it for the money. Why would they do it? Why would they suggest a coin? Just because they love everyone and they want everyone to be happy and rich? Of course not, the aim to do this is becoming richer and that path is from getting paid from people.

You could become like that as well, put aside like 10k dollars, start a brand new twitter account, get a good logo or whatever made, or even buy an NFT if you want, and then start tweeting about possible things, news, and then do giveaways, like for example $50 per week at least, if you can afford more like $50 per day that’s better, and do "retweet and follow to have a chance to win" and you will have 50k+ followers in under a year. It’s not hard to be KOL, and they just get paid to do this.

You could have made more if you converted back to FIAT but it was still a better move than staying in alts. Youtubers don't give a damn if you make or lose money. The only thing they care is their subs, likes and view counts which means they only care about their ad revenues. Youtube stopped being an informative source long time ago. I mean you can still find interesting stuff but it is mostly about clickbaits now.

I guess many investors will learn from this favourable advise that will make them to become successful in future. Many traders loss their profits few weeks ago because there was a serious decreased of bitcoin, ethereum and Solana that made some traders to release their coins for sale because of the social media news they listen to without carry out their personal research to know if to convert bitcoin to ethereum or ethereum to Solana. Always carry out your personal research before converting altcoins to bitcoin because through your personal research you can be easily to identify the best coin to convert that will bring you massive profit in future.

Following what other people have to say can generally be destructive to your portfolio and goals, especially YouTubers who could be just paid advertisers. While it is okay to listen, where you could maybe get something interesting and beneficial, making the decisions should be your own call. And this should be done upon assessing the potential implications of every decision you could make.

That again depends on what were the altcoins that you were holding. If you were holding shitcoins then you probably made a good choice.
While ETH and SOL are also altcoins, it would have been better if you had exchanged all to bitcoin alone.
But yes, ETH and SOL are still better than other altcoins out there and that's my perspective.

Most of those youtubers are uploading videos to catch your eye and get some views, so it is obvious that in order to try to get more viewers they will give very extreme predictions about what they think it will happen on the market, so there is a very strong incentive for each one of them to become even more extreme in their predictions, so without a doubt it is the wrong place to look for recommendations about what to do with our money and with our time.

Yeah, I don't believe in youtubers, most of them only creates videos just for us to watch without analyzing the market. They sometimes promotes shitcoin they are sponsored to do that, I rather follow some people in telegram that will provide some calls with explanations. Being able to decide on your own is a good practice, you don't need to listen to others, if you feel that you need to convert your earnings to usdt then go for it. Winning or losing it is up to you.

If not scammers, they are surely paid. I only checked Youtube when I am about to learn technical stuffs like in trading just like what I did back in the day to learn the ropes of it. Other than that, I would not trust a lot of Youtubers for crypto investment regardless if their channel is dedicated to cryptos. There are just way many things that could go wrong if you just let yourself get baited by those.

I am not sure when you made your decision on converting all your alts to Bitcoin, ETH and Solona, if you did that before the major crash then it was a good decision. What everyone does is to hold the money in stable currency until you see any major correction and then take a position on investing again rather than converting before any major correction.

Well BTC, ETH and Solana did fall pretty hefty too in the last few days and weeks so you have still made quite a big loss, but i also think that if you would have kept your small cap altcoins and maybe even meme-coins then your loss would be even higher so you definitely made a good move there. I would usually say you should have transfered that altcoins into stable coins in order to be completely safe before the dump comes but then there would also be chance that you would have turned it into UST and then you would have lost the majority of your capital. I have to say though that BTC did fall quite a bit. Usually the BTC price is more robust in comparison to the other coins.

BTC and ETH are the most recommended cryptocurrencies so far, safer than others and more promising. The chance of being crashed until zero is very small because they are likely the father of crypto and mother of altcoins.
Btw, I do agree so much not to believe influencers and YouTubers so easily moreover to invest in certain coins, moreover new coins.
always DYOR every time we are going to put our money for investment, if you want to check some updates from YouTubers or influencers, use the information to gather as part of the consideration, not for the decision.

Everyone has the right to choose and the OP's choice is not bad. The whole market is falling and bitcoin is also down a lot compared to ATH, but OP is absolutely right to move his assets to bitcoin. When the bear market happens and lasts, what makes you sure that you won't continue to lose if you hold altcoins. But if you hold bitcoin when the market goes up then bitcoin is the first coin and leads the whole market up, second bitcoin is the safest coin today and in the long run bitcoin has never caused a loss for investors.

seems like converting everything to usdc was the best idea, so dont sit on coins always, sometimes they fell bad, just because less fallen is not very good, even a stablecoin will suffer from inflation but still seems like best option till next bull

most youtubers now shill a project due marketing promotion from developers team. they paid for their analisys and it is not become more objective now. maybe stay from any project by youtuber could better, or atleast we buy it maybe hit and run just to collect fast profits. all decision rellated with investment should come from our own research and analisys.

if we were not courage to take risk in our investment , how could we earn money here. converting our assets into usdc didnt solve anything, it could be failed due if any structured attack suffer it. investment in crypto market really need strict calculation and research. no one could guarantee it will run smoothly, but by this volatility we took opportunity to earn moneyt.

surely there is always some ulterior motive behind any youtuber’s shill, lets be honest these youtubers doesn’t want you to be rich instead they themselves want to be rich if you think that they are going through all the hard work of editing their youtube content just to make you rich for free then you’re day dreaming, there is nothing like too much money in this world and surely the youtuber definitely gonna make some fortune out of their shills either they already bought first and wants it to increase in terms of price or they are already down in investment and wanna cash out.

Yeah you have made such a great decision. Youtubers are only spreading fake news and signal about crypto that can give them all profit and so if you are actively investing based on what youtubers said and i do believe if you have bought at the upper rate compared with what used by youtubers to enter in the market. This being said that if the fact that you must also think again about that. Never try to follow the youtubers or any influencers. They are only fooling you with their mouths.
It's not worthy to follow them or even try to did what advise that already given by them.

That’s right. It is too risky to put the basis of your investment decision on some promotions, because not all are genuinely true and some are even paid to just present the concept being said. Or if you would decide to ride the clout, then you should know until when and where you would go along with it.

Most YouTube videos about crypto are paid promotions, it will be stupid to make a decision because of that but I want you to know that I have come to know few good projects through YouTubers and I made good profits from such projects, mostly metaverse like Metahero.

People need to stop and try to think for a minute and if they do they will realize how little sense it makes for those Youtubers to try help them out in their journeys as traders, the truth is those Youtubers are either interested in getting more views and earn more money through Youtube, or they bought the coin they are promoting and want that it goes up or they were paid by the developers to promote the coin and what they are doing is nothing more but paid advertising, and in all of those instances the one that is earning money is the Youtuber and not the spectator, they could not care less about you earning any money or not.

more precisely the part of your last words. they won't care about being willing to spend money. everyone will be independent over time and not rely on youtube ads about projects with sweet promises that they will get big profits later if they become part of investors. will definitely feel the bitterness of being a victim of a scam project. there the victim can learn lessons about the meaning of learning to know projects independently and being able to choose projects that have potential.

it's basically the same thing with trading signal that are free, basically don't let foreign influence affect investment decision of ourselves.
because at the end of the day, the ones that truly know our well being is ourselves and that also includes our economic condition.
these so called influencers can't give a damn in regard of our economy even sometimes they just gonna suck the money out of us if they encounter the chance.
just make a decision by ourselves.

Youtube channel as the only promoting way for shit coin, many time I found on Youtube channel advertising with shit coin and ask you selling bitcoin assets all in on shit coin, I think you have made good decision selling all assets and convert it to be btc and solona, by the way how much price you get for bitcoin and solana? ever solana drop lower price under $50 and worry with solana have chance back to $100 or make new all time high for the future?

Not all are scammers, there are a few that really gives a good insight on their topic.  We should be selective on who to listen to. These so-called scam YouTubers are simply shills for certain projects.  They are paid to hype and attract audience.


It is blindly following what other people have to say, oftentimes genuine people give a piece of good advice.  Of course, we need to research and validate all information that we heard.  This process will at least shield us from people who maliciously twist information for their own benefit.

Actually not all youtubers are misleading, you should look for a youtuber who really provides information fairly without exaggerating the project he is investing in or he is part of the project, it's clear if he is part of it the purpose of the video is to attract buyers. One of the better things is to be yourself in making trading decisions, although there are many analytical experts, I believe we are more satisfied with our own analysis.

Many YouTubers and also other influencers only do their job and they are paid, yes, they may not care if the altcoins that they promote will exactly survive or not. Often, they are promoted with very sweet promises. But once the altcoins are dropped crazily, they will easily say:
"AT the beginning, I have told you about DYOR"  ;D ;D
Whereas, yes, they exactly may said about DYOR, however,this is opposite with what they say that the projects are very promising, I can earn much profits from this and those and that, and these  ;D ;D

BTC is exactly the worthiest crypto for the long term. Good decision for BTC and ETH, but hopefully SOL will not be like Luna  ;D

Exactly. Youtubers are total scammers and they are not even helpful to us, as they are only here for the money that they can get from us. So its better to learn on our own and stick to the plan. After all, if we get lose but at least we learn from it, and the only way to grow in the market is to keep learning from our own mistakes and correct them later on.

It was very important to see the confidence in yourselves and stop relying on others to understand that they are also making their own speculations and analysis which I believe we can do it also.

These social media influencers will just tell lies, as in the first place, only a few people would like to reveal their secrets for their success.
Thus, if we want to succeed, then start believing in ourselves then. This is not even hard as we wanted a change in life, well, it takes time but at least we are doing our own now.

Thats a good decision. Bitcoin and alts are currently declining now but atleast you made the right choice to hold your alts in a well-established coins. Thus even it takes a long period before the market recover again, you wont be worried that your coins might turn dead since its not a shitcoins.

Youtubers are getting paid for making videos so its not right to only rely on them. Though some of these youtubers are giving helpful tips and info, its still best to have our own research to know how accurate their information.

For this day and age, many people want to make money with their YouTube and don't think about whether the videos they make actually exist or are just looking for views. You can see a lot of youtubers who only produce videos that have a lot of viewers.

I think he did very well to invest in BTC, because I see that he is taking refuge safely, some investors when they see that BTC is going down quickly they protect themselves with stablecoins, but in this case I would not hesitate to protect myself with BTC, I know that BTC can keep going down, but in a while maybe not much I sense that there could be a bulllish trend that could generate a lot of money for believers.

I see altcoins as too unfeasible, very risky, because we do not know how much BTC can continue to drop, just as it can go down, it can give us the surprise of going up a lot.

It is true that not all youtubers are giving bad advice, however the number of those that are doing so vastly outnumber the few youtubers that are actually trying to help people with their advice, it is because of this that I do not waste my time watching those youtubers, if people want to learn how to trade then they can go to the specialized websites that are completely dedicated to it and then read a few books about it and learn more in just a few months than what they could learn from watching YouTube videos for years.

agreed. sometimes without them knowing what youtubers do is just to attract visitors.
in addition we have information regarding digital coin listings such as the CMC site or CoinGecko. if someone is planning to invest then it is quite easy for him to use the data by analyzing first before investing in coins, BTC is the right choice.

Some of it is true, but not all youtubers just want your assets to come in like what he invested and then make you lose after he takes profit. In my country the youtubers really educate about good coins based on analysis and data from valid sources, although there are also influencers who are bad enough because they mislead when giving signals, but it's very easy to know, just follow the useful ones, but about investing it is each of our choices.

There are many risks to investing in this space, but also many ways to reduce them. You make your own decisions and a great initiative for people trading Altcoins, learn to stop listening to youtubers, be your own decision maker, use stop losses and let your profits run for the best Altcoins of the year.

True that when you watch some of these YouTubers is basically for you to draw ideas or understand some issues about some projects or investments but I don't solely base my decisions on what they say. Your money is your decision so you have to know when to take it and chose what is best for your investment.

We all have different stories to tell when it comes to YouTubers, many of those YouTubers are just struggling to make a living through Youtube so do not expect them to work for free, most videos on Youtube are paid adverts but there are few of them that know what they are doing, they talk about good projects only, if you can find them it will help your crypto journey.

In my opinion, it would be more correct to decide at the end of the bull season to convert their tokens not into bitcoin, ethereum and solana, but into stable coins like tether. Now the entire cryptocurrency has fallen in price at least twice and therefore it would be very profitable to buy bitcoin and ethereum that have fallen in price twice for a stable coin.
Although the main task of any trader and in general the holder of cryptocurrency is to buy cryptocurrency at the lowest possible price and sell it at the highest possible price, due to the unpredictability of prices in this market, few of us succeed.

Now is not the right time to invest in a new project, and your current decision is very right because you have converted your coins to potential altcoins and will remain afloat for the foreseeable future, and in investing we have to make our own analysis and do not easily believe with others because in the crypto world not all predictions are on target, then the analysis itself is better even if it is not as expected.

How do you make a profit if the price of btc keeps falling continue? btc bull market will not come very soon and i do not see any possibility of it. But a good way for me is that you can sell altcoins if you want by converting to usdt then trading by choosing the best token from binance or kucoin.

That's why it's still important to do our own research so we don't have to rely on the opinions of youtubers because they only focus on earning and making money. Most of them get paid for promoting and shilling coins so we shouldn't rely on them. We must research our coin of choice so we'll know if we're on the right track when it comes to investing.

Whatever the promotion of paid youtubers is just a fake analysis to increase something coin because their channel has high interaction from watching about crypto, we should prioritize personal analysis for investment because only we know the potential when it will increase when the roadmap is realized.

Sometimes I wonder why something that is so obvious it is so difficult for some people to understand, there are moments in which you can take more risks and there are others in which you need to be more conservative, and a bear market is not the moment to try to find a coin that goes up 100x or anything like that, this is the moment to invest in the most solid coins in the market or maybe even to remain outside of the market for some time, so we can watch and analyze its movements during the next months.

of course the key is holding, definitely some people just gonna bags if it's in bearish market because there is really nothing they could do to go against the wave without incurring losses further.
by 1-2 years ahead into the future the market is gonna be getting better and these holders gonna be having a good time because although the market haven't reached the full potential they are already up in their investment portfolio
so holding and choosing best altcoins is the key

If we take a look we can see here but there are a lot of youtubers who are complete spammers and they have no help for us but here they are only for the money they can get from us so I think it is better to learn and plan for yourself.  If we all get lost, at least we learn from it, but the only way to grow in the market here is to learn from our mistakes and try it on our own.

but, from what I've learned, what I've learned from the experience I've had so far, the real key is not just relying on patience, but daring to take advantage of the situation to sell when the price is high, and buy when the price is low. Personally, I also continue to hold the assets I own until the price of the assets I own falls. and several times I did not take advantage of the situation when the price was falling to increase the assets I had. however, it has to do with patience and the smart decisions we need to make. many people continued to hold bitcoins while they were still hitting ATH, but have now sold them as prices fell, and so did other assets.
anyway, the OP is pretty good at making his own decisions without having to listen to youtubers, or anyone else. if he endured it, he might be at a disadvantage right now

OP cannot profit if the market keeps falling but holding bitcoin will give OP peace of mind and bitcoin is a long term hold, in the long run bitcoin will go up, not down. It's a wiser decision to keep holding altcoins that could die if the bear market lasts.

During a bear market, you have no guarantee that you will make a profit from tokens on binance, while bitcoin is constantly falling in price.

True. If you are not a good trader then, converting most Alts to Bitcoin, Ethereum, and BNB for me is the best cos those you can have more assurance of not going under even with the bear market pressure however, I believe some good traders do still make profits scalping the bear market but you have to know what you are doing for that to happen.  

When market conditions are in a declining stage as is happening right now, it will be risky if we invest in new projects because usually when the price of bitcoin decreases, their investors will secure their assets into stable coins, thus making new projects less attractive because they realize that it would be too risky to put funds into the new project, it should be remembered that the crypto market cannot be predicted with accuracy because it is very volatile.

Many had failed and blame themselves, and even regretting because of the wrong decision been made. Yeah, this is very common for those people who come in a hurry. It was found to be more relevant to anticipate the market decline than to be a greedy holder looking for more profit. Likely, if you miss the chance of selling your coins to Bitcoin, I'm very certain you are also doing this (blaming).

You are not just doing it smart, but what you did is an independent decision, and it was great.

yes i agree it is a wise choice. Here we can't depend on anyone let alone to invest in coins related to our own money because we will regret it if we find a perverted youtuber. Better to buy it yourself, research it yourself, even if it's a loss but I'm sure we will be satisfied with the results that we do ourselves as an experience for future investments. Youtubers now prefer what they hold we also buy, but I have a suspicion if they will take profit when we buy it.

Exactly, I think the same, in fact I am sure that the influencers do not follow their own advice and live off what the platforms leave them, I think they always want us to see an ideal life that they supposedly show us and that they have, but none of they are capable of showing their own accounts, with the profits and losses they have had, or that they say some forecast and then make their own bet on the exchange and show us the results later, I think that will never happen, much less than trade live and direct, when a trader or influencer does that, I think that there I will understand that they are not telling lies.

True. You'll never find true success if you keep on relying your decisions from them. Remember, it's your money, your investments, so you need to control all of them with your own will, and not that others will control you. Youtubers do not make you earn, but they find a living from you if you always submit to their decisions.

Not only just that, it was because we believe that we are right and it is our responsibility to make decisions about our assets. These YouTubers and those social media influencers had nothing it helps us, they simply made people confused about the situation, and besides, we know more and are familiar with the market than these people. In fact, if we lose and miss the chance, they don't give any to us and might then say "I was wrong". LOL

Yes, most of us will certainly not easily trust investment advisors who come from social media channels including YouTubers and influencers who clearly don't care about your money. what matters to them is simply increasing the number of views in their business. Beginners need to be careful and Dont easily believe it. Yes,the risk of loss, profit is our responsibility, so it is very important to manage financial management before making a decision.

Not listenning other people is a great start, but SOL? Really? Sol? Are we talking about the same coin? This is the same coin that is so centralized that they literally stop the whole chain for a while in order to fix something, even revert back if they want to, and have full control over and could make you lose money in a second if they ever wanted to do it. That is the situation in SOL, they are more centralized than USD to be fair because USD at least has to keep some reputation whereas SOL could literally be used to make as much profit for the team and not care about the investors at all. I would applaud the btc and eth but definitely not sol.

If people do not want to take financial decisions on their own because they do not think they are qualified to do so then that is fine, the issue is what they do once they go through that realization, in that scenario they need to find a good money manager that can produce profits in the markets and that has the right credentials and a good reputation among their customers, relying on Youtubers is a huge mistake as the majority of them do not really know what they are talking about but they act as if they do.

same with me here, don't trust youtubers. Don't you think that's right? if youtubers prioritize personal gain and only add views and sometimes it doesn't match expectations. although not all of them are like that but trust me not to trust any channel that advises you to invest in this coin and blah blah blah.. i agree more if you invest only in real coins : BTC is the right investment for long term.

Yes, you are right, don't easily trust anyone who gives input, let alone offers something that just wants to take advantage of us, but whatever the input, it's best to do in-depth research so that we don't get stuck with them, it's best to invest and research your way  yourself, if your choice is BTC, ETH and BNB I think it is a very right decision you make.

That's also the worst decision. Bitcoin and ethereum already dumped so hard and the best choice will always be converting your tken to the stable token as well. So, i meant if the stable token will always become the best choice for you to secure your asset.
bitcoin and ethereum were not safe heaven for now. Bunch of people are loosing a lot in bitcoin and ethereum. I hope that you have been converting your assets to the stable token.

I agree we must not follow the crypto pseudo-experts we have to think / reason with your own heads with the bear market at the gates we have to run for cover i personally have changed everything in eth, btc and stablecoin

Well, people who likes to follow Youtubers/influencers are unfortunate. Some might've profited from following them but mostly will lose eventually, coz most of these Youtubers are paid to shill shitcoins. Hyping them up to fool their followers.
Shilling will have a double benefit for them.
1. They are paid to shill.
2. They will ride the hype and will make a profit before the dump.
So, yeah you've made a perfect decision.

These guys only job is to be popular and give right or wrong advice. I think you made the right move, from now on you will gain more knowledge if you study more instead of listening to others. With this information, your extra earnings increase. Never mind twitter and youtube celebrities, they only think about themselves and they don't know anything. This year, I have seen that they have harmed many people in my own environment, they affect many people, but unfortunately this is bad.

Isn't there a better way than that? because if he converts now, then he will incur a loss, but if he still keeps it until waiting for the price of btc, eth and solona to increase again in the market, then that is a very wise thing I think, because right now the price of the three coins is so low that it will shame if someone dumped it by converting assets to USDT.

Lol. Are you just realizing this? You have to come to your own decisions and learn to blame no one but yourself when it goes south, and pat yourself on your back if it turns right. Youtubers and KOLs are just there to earn income from shills. The earlier you learn this the better for you

I never listen to youtubers. I cashed out most of my assets at the end of the bullrun. I have converted some assets into USDT. Because when the market is up, it is up slowly. But when it is down, it is down very fast. So if you are not careful beforehand, there may be nothing to do when market go down.

Its the dumbest decision OP, you should be holding USDT or USDC instead of buying solana, BTC and ETH because its so clear that we are heading into a bear market since last month, see how lower BTC goes? You could be DCA ing right now and get better staoshis per coin.

Maybe what he mean is alts that aren't good as the three. He have done a good job there, now that there is still a bull because if not and the bear takes place, those other alts he have won't have a chance to recover anymore but yes many won't do it because for them profit is important first before any other things so what they do is they sell their coins for fiat during the bull run and they will only re invest again once the bear takes place.

Your idea of converting volatile cryptos is fine but I would choose a better stable coins not usdt because many says that it is risky. I would got for busd, usdc and dai, as I never heard any negative feedback from them.

If those are just non established altcoins, then its always better to convert them into bitcoin and ethereum. However, that won't still guarantee profits especially that we are seeing the crypto market today almost collapsing. Bitcoin and ethereum are very low priced this time, but it won't mean that they are good to sell to stop the losses. It would have been better too if you convert some of your altcoins too into stable coins. That way, you will never struggle this time. But anyways, bitcoin and ethereum are much better than those new projects in the market. So always keep the faith.

I followed two times a youtuber and every time i lost fund even someone suggested to invest on luna when it was fall 10$ and got support on 10$ lol!! And i made a big mistake from this signal they are just actual fool and give signal on their investment even it is on bad condition!!

I don't even watch crypto related youtube videos. By the way, BTC, Eth and Sol also dumps. The smartest decision would have been you converting them to stable coins like USDC, USDT or BUSD

In this crypto market, the only way to succeed is trusting your own decision, as you can never rely for others to make it up for you. I agree on you, what OP has did is always great since he never doubt his own instinct that bitcoin, ethereum and eve solana will create a huge value in the future. Maybe not for the moment as the crypto market is experiencing a huge crash, but stay patient and hold them still as you have an edge to be more profitable when this bear market is over.

If you are converting them now, I guess you made a wrong decision, you lost some money from it. Since these coins are the leading coins in the market, we could assume that these coins will do the rally first during the bull season, and holding them instead of converting them could be a smart idea. If I do follow what you have said, maybe this will be applied to shitcoins, but these potential coins will survive in this bear season for sure.

But yes, it was our decision, and we take responsibility for it whatever it cost.

I honestly think that these so called youtubers rarely did a real analyzation, they just thought that this altcoin gets corrected so hard it must go back to its former valuation again, but it's different case with luna they are getting corrected so hard because they are having hard time containing the massive short squeeze in their UST and they even ran out their reserve fund.

YouTubers are not helpful at all as they can lead us into huge losses. So congrats as you stick to your own decision and believe that bitcoin will always be profitable in the long run. As long as you’re not into get rich quick mindset, you will always prosper as holding promising coins like bitcoin, ethereum and solana will paid off when the market starts to become stable. Be independent, as it will always make you unique and trust the process as everything won’t succeed if you never believe in it.

Those youtubers do not really know anything about the markets and most of the time they are just being paid to promote a coin or they have invested in that coin themselves, and they are promoting it in order to create a pump and dump on their own.

So with this in mind it is a bad idea to listen to them when they do not have our best interests at heart at all, also it would not surprise me if in the future the authorities begin to investigate those youtubers, as what many of them is doing can be considered illegal or at best irresponsible since the majority do not have any credentials which allows them to give such advice.

In investment you have to do your own proper research about a particular project you wish to invest in before investing. YouTubers or Social media motivational speaker should be a reason of take decision outside your plan. Remember in the case of losses or gain you're the person to be affected so be wise taking wise decision.

I will always be bullish with Bitcoin no matter how long this bear market will last. I have made mistake back then for not buying Bitcoin early but rather choosing shitcoins to hold for a long time until it goes crashing down to earth. DCA with Bitcoin is the best decision that I have made right now even if there are no guarantees or promises about its future bull run.

This is already my second DCA purchase with Bitcoin with my extra "not beer" money. However, if I am earning more than my monthly average I would add ETH to my DCA plans.

Unfortunately not SOL, I don't have confidence with it because of numerous network outages.

Youtubers make their income through adsense and sponsorship, so they aren't really concerned if their advices will work for real when applied on practice by their public. Usually they even state at the beginning of the video informations contained there shouldn't be taken as financial advice, meaning they don't take any responsability for what they say. Thinking logically, there is no reason to take what they say in consideration then.

it's much better to pay attention to the facts and events happening in the world than paying attention to youtubers. This way you can predict the market and manage your investments much more efficiently.

you can even destroy your own life. not all crypto youtubers intentionally want to create hype or FOMO for a moment with the aim that the price of certain coins can go up drastically because many crypto youtubers convey information correctly and the goal is only to exchange opinions. Believing in your own analysis is important but to do analysis you need referrals, and you can get referrals from youtubers or crypto influencers.

You're right, not all youtube influencers are spreading false information because some of them are giving correct info that can be use as reference, though having our own research is necessary. Thats why its a must to only follow these youtubers who are creating informative and helpful content.

Anyway we're still in bear market now and coins are decreasing in price. Converting your alts to Bitcoin and Eth are a wise move because they're establish and you dont have to worry that it will turn to shitcoins or be delisted in exchanges.

I personally don't believe in youtuber. Because I have seen that most of the time the opposite happens to what they suggest. So I myself do not listen to Youটube especially on investment. I try to do what is in my mind. YouTubers usually try to get subscribers to their channel. The investment is completely yours, so you have to take the profit and loss, but if you loss your assets by others suggestion, the pain is greater. So it is better avoid them.

It's understandable that holding btc and good altcoins like ethereum and Solana are great, but I believe it would have been much better if you had converted to USDT or other stable coin and bought btc like now at a much reduced value. If you have decision to hold for long term, then you've made the right decision as the value of Bitcoin would still correct and hit a higher ATH before long.

Today's Market Red Again, Bitcoin is almost $ 20k, and if this happens there will be a larger panic than before, some of the low prices that I installed in Spot Exchanges are fully charged, when the price of Bitcoin is around $ 23k I put a price of $ 21 K, and when the price of $ 21K I put the price of $ 20750 and today is fully charged, hopefully the market will soon be great again.

I'm sure a lot of holders and traders here have lost more than 50% at this time,
I myself have also lost -80% and what I do is Hold until everything returns to normal, right now things are not okay,
because it's not just me and i know that, this is a mistake when trading and investing and it's normal,
of course there is still a chance to think much better when everything is bullish again, cheers

Did you mean you converted them to these coins and later sold to stable coins or are you still holding up till now? If so then maybe you are not in profit. Not every youtuber is a scammer there are some of them that are doing pretty well. Another thing you should note is that they are not project owners so you also should do your own research and decide only by yourself and stand by it.

The final option is to be patient and hold the asset until the market is bullish again although it is not known when it can happen again in the market, but if you still hold your assets very well, then it's not a mistake in my opinion because in fact I also still hold some coin at this time

I lent my lesson long ago when youtubers made me to believe so much in a coin that was over-hyped to reach $1 in price when listed and the coin sold as high as $0.49 towards the end of their public sale.

Since then I have learned to always follow my instincts and not to get carried away by those media scams that can mislead you in the decision-making process.

youtube, forums, twitter, telegram, they all just give advice and predictions while the final decision remains in our hands. it will always be risky when we look at other people's suggestions, especially for new coins that are predicted to rise after a bear market. I also prefer to make my own decisions and etherum remains the best choice.

Of course, there's nothing wrong with that because it's emotions that drive us to do all kinds of things. Crypto is an emotionally driven market so you will often find yourself making decisions based on fear or greed.

As for me, I've decided to stick with BTC and ETH, as I use them more often. I also have several SOL in my portfolio. Bitcoin Cash and Monero are also worth it, but I don't plan to invest much in them. XRP doesn't really appeal to me either, though it's pretty popular right now. so anything that improves the protocol and adds value to your investment do it and this will be relevant for you going forward.

Congratulations, a smart decision. Holding bitcoin and ethereum at the moment is safer than any coin even with stable coin. we may lose if we hold btc and eth for the time being but in the long run they recover and we can still make a substantial profit. as long as you hold it. Don't sell for any reason until it makes a profit.

they only want to  create hype in project they hold. Truely they got benefit from its review beside adsense. Usually they got money from marketing team. As investors we must focus on our own research or observation, if we find important value from its project we could be proud when it be succesfull project in market.

They are not analysts they are doing for the money, there is no reason for us to listen to their bullshit advice.
We have to do our own research and evaluation of each project we want to invest in, if we do it ourselves we will be more confident and optimistic if there is a bear market because we already know what stage the project is in and the project development goals, if we invest with our ears when the market drops, we will panic and sell at a loss.

All I see is advices, it is left for you to take it or leave it, I used to listen to YouTubers just to hear what they have to say, you don't have to do what YouTubers advice you to, just apply your own wisdom and leave the rest.

You did everything right. The most important thing is to always follow your goal, think with your own head, conduct your own market analysis and not be distracted by unnecessary and distracting noise from the analysis that bloggers and youtubers give out. You have an excellent long-term portfolio.

I have a motto that if I found a relatively new coin and it was good and looked quite promising. But there are many videos on YouTube about that coin already then that coin is in the overhype phase. Meaning it is riskier for me to buy that coin at that time so I should stay out.

Honestly, that is still a good decision. Because if you are going to get out of this mess, then you will need things that are solid and valuable. If we are talking about some small cap weird no name coins then we are not going to make any profit at all.

But, if we are talking about something that is like bitcoin or ETH then we are going to end up making a good profit and that matters. Sure ALL of them are down right now so the result so far seems like the same thing for all, but in a year or so you will see a difference where all those no name ones will not matter while the good ones will go back up to a great price which will make you profit at that time.