Crypto YouTubers are all financial advisors

[Findingnemo]

Most governments doesn't have enough laws and regulations for online contents they were posting so they are free to post anything that doesn't violate the YouTube guidelines which makes them to talk about anything as they knows everything they know.

For example someone can post how to make 10k subscribers in a week but actually they didn't even have 1000 subscribers so its nothing but a content to talk and to avoid any legal issues they add disclaimer and do it on your own.

[Zilon]

Don't forget most influencers are paid to do their job and because they are good at shilling they can cook up lies just to buy the trust of their audience. Granting this shillers audience is never bad but where the loophole occurs is when there is personal research after listening to their financial advice. The life of a crypto investor is subject to research from different sources in which personal research should be the core base of making investment decisions.

[Z390]

I am not against crypto influencers because they can either make you or break you, if you fail on your crypto expedition listening to any influencers it's your fault, you can't shill me a crypto project and you expect me to just log into an exchange and buy, I have to do my own research first and it truly the project is good then I could consider buying, the problem with crypto influencers is they are not practicing what they are preaching, most of them get paid talking about a crypto project and that doesn't mean they will invest their own money too.

I have not seen anyone of these influencers revealing their own crypto portfolio as proof that they actually invest money in the coins they are telling the world to buy, this could bring some changes and improve people's trust in them, but I guess for security reasons this will never happen.

[erep]

Don't forget most influencers are paid to do their job and because they are good at shilling they can cook up lies just to buy the trust of their audience. Granting this shillers audience is never bad but where the loophole occurs is when there is personal research after listening to their financial advice. The life of a crypto investor is subject to research from different sources in which personal research should be the core base of making investment decisions.

Many paid youtubers misuse the content to mislead the audience to invite them to invest in a scam project, they damage their reputation just for the sake of money and not thinking about the loss others have believed their lies, so we have to analyze the reputation of a youtuber or anyone before trusting investment advice because professional traders simply suggest investing only in bitcoins and they will not suggest investing in any altcoins..

[Viscore]

If someone is not a financial advisor and still go live on Youtube or Twitch to talk about how they make money investing in a project or two what does that make them?

Aren't they supposed to keep their financial advice to themselves if they don't want to be a financial advisor? Yeah, I think the perfect way to stay away from been a financial advisor is to keep your ideas to yourself, don't say a word about it.

Oh, I almost forget, it pays to be a YouTuber, you need a niche to talk about per se, and it's very easy to talk about a project even if they are going to ruin your life, the secret behind this people is you, the only ways crypto YouTuber makes money is shilling their crypto bags and waiting for new buyers, it's two ways to make money for them, YOUTUBE and CRYPTO BAG..

If that’s what’s giving them a good income, even myself would also do that even if giving a financial advice might put someone into future losses. It’s not that I’m being greedy but if you are a responsible investor, you would never start investing and putting your money into that project if you never studied it in the first place. The basic rule is always know what your investing and always invest what you can afford to lose, so if you stick to that, you will never be actually at a loss in the end.