Do you follow trading advice from crypto influencers?

[bitcoin31]

I follow them sometimes but before I follow them I will make sure that their advice , tips , strategy are very helpful to us. We have different situation here in crypto world and for sure we have different startegy to become successful in the future. But most of their advice is helpful like when I started in crypto world. But better to have your own decision and startegy to be unique.

[Nahl]

following trading advice from crypto influencers is good as long they're trustable and can give correct informations regarding the price movement or cryptocurrencies development and i personally already done it that i was following trading signal from my trading mentors and even though the results are not 100% valid but at least i get plenty of important knowledge during following them

[LbtalkL]

I'm not really sure, sometimes yes and sometimes not. Many of us depends on influencers its true it will create a hype sometimes. But for  me I will made my own research as well about that particular project.

[Tynovten_]

I ever did this but in the end i left it because it wasn't giving any help. In the end, i just have myself to rely on. The conclusion is all depend on your belief. Don't curse at your conviction. And if you believe then, don't fully gather the informations from all sides, and node it then reach from your belief you exactly can do that.

[sana54210]

I think that the cryptocurrency market us unique, because many investors don't understand blockchain technology.  So they rely upon experts on YouTube, Twitter, and Telegram for information, analysis, and advice.  As a result, we have the phenomenon of crypto influencers.  Some are reputable, like Carter Thomas of Coin Mastery, but others are not.  What's your opinion on Crypto influencers?  Are they good for this market and the cryptocurrency movement?  Do you take advice from them?  And who's good to follow?

Well, Basically this is the first step of new traders and is good indeed, However most videos from YouTube and any other social medias are not 100% accurate, some of influencers are just saying a bit portion of what they know, to motivate new traders, for them not to be blame in the future. Furthermore, as a member to this forum I have seen that there are great managers who give advice on how to trade wisely. But The main answer here is experience.

Seeking the guidance from the experts and the ones who are there in the world of the crypto currency since a long period of time as they know much more things than you know and that they can guide you in better way. However, you must be sure that you are consulting the right person and that it is you who need to make the final decision and that you must think well before making any decision.

[gabmen]

I think that the cryptocurrency market us unique, because many investors don't understand blockchain technology.  So they rely upon experts on YouTube, Twitter, and Telegram for information, analysis, and advice.  As a result, we have the phenomenon of crypto influencers.  Some are reputable, like Carter Thomas of Coin Mastery, but others are not.  What's your opinion on Crypto influencers?  Are they good for this market and the cryptocurrency movement?  Do you take advice from them?  And who's good to follow?

Well not really follow to the letter. It's best that you don't stick to a single source of information when you trade. Make yourself aware. Study these influencers' way of how they predict a trade would end up and at the same time do your own research.

[Agetan]

I'd rather believe and follow my own instincts rather than putting all my faith on a random 'McAfee's' prediction which just creates buzz for a few up and coming projects. Its hard to believe most investors blindly follow their advice without doing any further research about the coin/token in question. I'm just waiting for one of those 'went wrong' calls which everyone will follow like lambs to the slaughter and when they lose thier monies, only then will they realize to trust their own gut before believing in others' advice.

Ya if you are expert or at least have experience then better you follow your own instincts and also ow analysis.
For us newbie, following expert and also including learning how to trade would be good. But if you are just following without why the decision is made, you are just crap.

[CryptoCoin8487]

In my case even i dont have a good skills in trading i still do my own research before i invest in some crypto that i want to join just to make sure that i wont lose my money. I do also watch some video in youtube so see on how they are performing trading but im just take it as a lesson for my own trading skill.

[tukang_rosok]

In my case even i dont have a good skills in trading i still do my own research before i invest in some crypto that i want to join just to make sure that i wont lose my money. I do also watch some video in youtube so see on how they are performing trading but im just take it as a lesson for my own trading skill.

that is good preparation before starting trading in cyptocurrency or forex. without good skills we could not gain profit from our trading.or maybe our money going loss.

[coino.org]

I've seen here a bot following McAfee tweets and buying coins he mentioned jusy after tweet. I believe this is a working strategy, but for short term

[Zadicar]

I think that the cryptocurrency market us unique, because many investors don't understand blockchain technology.  So they rely upon experts on YouTube, Twitter, and Telegram for information, analysis, and advice.  As a result, we have the phenomenon of crypto influencers.  Some are reputable, like Carter Thomas of Coin Mastery, but others are not.  What's your opinion on Crypto influencers?  Are they good for this market and the cryptocurrency movement?  Do you take advice from them?  And who's good to follow?

If you did just invest for the sake on making money without knowing further on all the things involve on crypto then it wont really be a good thing.Why? if you do rely only on influencers words towards on such recommendations then you wont even know that you are already being manipulated because anytime those people will really tell things which would possibly only be a fud or basing with his own view or intuition.We do know that this is really very a unpredictable market that's why I don't really make a fan on listening anytime with their words.

[missmaria]

Absolutely NO because "influencer" is the word that I don't trust. They say what say need, not the truth.

[Bttzed03]

I think that the cryptocurrency market us unique, because many investors don't understand blockchain technology.  So they rely upon experts on YouTube, Twitter, and Telegram for information, analysis, and advice.  As a result, we have the phenomenon of crypto influencers.  Some are reputable, like Carter Thomas of Coin Mastery, but others are not.  What's your opinion on Crypto influencers?  Are they good for this market and the cryptocurrency movement?  Do you take advice from them?  And who's good to follow?

There's a lot of crypto influencers who does a lot of shitpostings but I think they are also good at tradings.
I think secretsofcrypto and notsofast are two of the few who can give valuable insights about crypto.
Follow people who tells you to do your own research and not just accept what they say.

[orions.belt19]

Depending on the credibility of the person. Some experts are able to advise with very insightful remarks and they can teach you lessons which you may use for future purposes, but it would be up to us what to do with the information that is given to us. No one can dictate or pinpoint how the market will perform no matter how many years of experience one has. I take into consideration what experts have to say but I do not totally rely on it.

[reda]

Trading is connect the most of the people for exchange the coin for any country currency. Time is important for the trading. So time to acct. People learn more from market place. People before start the trading check the market place day by day. Then you more profit. It easy to exchange any country currency. You learn the trading process and follow the rules. Time to complete your trading process.

[crypto1010]

The probably with crytpo is we have to many proclaimed experts and its difficult to pick out the most authentic trading advice because at the end of it all they have no proof of successful trading to show they are not just talking from without but actually making some money too.

[Hamphser]

of course not.I use my own strategy.especially follow various news from the announcement thread and latest events of the crypto world.I also don't understand the chart nicely.but I try to do small and regular trade.its all of my own strategies.

This is only our weapon on where theres no man would able to influence our decisions into a certain thing specially on doing trades.Influencers are always there not just only on crypto side but also into traditional forex and stock markets but not all the times those persons do have such impact into things that they do say.Sometimes we can get some idea but doesn't mean we should be dependent.We have our own trading style and analysis and we should stick on it.

[BarbusseH]

I started watching YouTube videos, but after comparing the forecasts of these "gurus" with the current values of crypto currency, I first laughed and then completely abandoned the matter.

[bitbunnny]

To my opinion there is no use if it. Such predictions and forecasts are often unreal and sometimes even funny so they can only mislead you. There are too much so called experts that actualy don't know anything about trading and as a final result you will not make but lose your money. And serious experts don't do such tutorials.

[semobo]

I think that the cryptocurrency market us unique, because many investors don't understand blockchain technology.  So they rely upon experts on YouTube, Twitter, and Telegram for information, analysis, and advice.  As a result, we have the phenomenon of crypto influencers.  Some are reputable, like Carter Thomas of Coin Mastery, but others are not.  What's your opinion on Crypto influencers?  Are they good for this market and the cryptocurrency movement?  Do you take advice from them?  And who's good to follow?

you can follow their advice but never do as it is what they are saying because they also can manipulate the prices if everyone responding to them.And crypto prices are hard to predict so even the experts don't have anu idea so invest on your own risk rather than taking advice from others.