Do you follow trading advice from crypto influencers?

[maaydin]

I have always followed my own analyse and was quite successful by doing it and as soon as my partner offered me to take trading advice and I listened others I failed and decided to not take advice anymore.

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[Amajaa]

Nope,  i didnt follow no more analysis from anyone specially from the same exchanger im traded in..  in troll box i mean.. Sometimes they are the ones cause you losing more on trading than profit,  just a lesson learned.. So i just do my own strategy from now on..  And it works fine for me believing on my own skills.

[niceone]

I take advice from some of them, you're right cryptocurrency is unique compare to other investment it requires a lot of time to understand cryptocurrency and the blockchain technology, I admired those guys although i come up with my own analysis most of the time but they have a great impact in my decision making.

[adaseb]

I take advice from some of them, you're right cryptocurrency is unique compare to other investment it requires a lot of time to understand cryptocurrency and the blockchain technology, I admired those guys although i come up with my own analysis most of the time but they have a great impact in my decision making.

The issue is that during the crazy boom of the Q4 2017, you could of bought into any coin or any ICO and made money.

Hence there was many "Crypto trading gurus" who appeared on YouTube and became very popular because from time to time they made good calls.

But now most people are underwater and after the huge Bitconnect scandal many got burnt and the subscriber count and views went down and many no longer are making these videos.

[yndye]

Some crypto influencers are paid and you should always be cautious when following advice from them. Take for example John McAfee. He is reputable because he owns a company and a proud supporter of cryptocurrency but he always tweet about a coin and some people follow his advice and turns out to be pump and dump. There are rumors that he is paid but recently, he revealed that he is indeed paid and its not cheap! Check this article https://motherboard.vice.com/en_us/article/3kjpyn/john-mcafee-100k-twitter-promote-cryptocurrency-paid

If you decide to follow a crypto influencer, it would be better if there is a supporting analysis to what he is claiming so that you can do your own research as well may it be a big news or a technical analysis.

[gabbie2010]

Usually I used to read, watched and analyzed all sorts of information from crypto influencers but I realized most of the times that there are conflicting views  from these sources which in most cases brought confusions to my trading strategy hence lately I relied solely on my trading strategy coupled with fundamentals and technical analysis to plan my trade without any interference from any influencers.

[symbian]

I'm just tuning in to others feeling to comprehend what is buildup and what isn't, buildups make greater instability and again every unpredictability is dealers potential pick up. I as a rule put buildups coins on the watchlist and makes my own particular T.A. on the off chance that you got impacted by a few merchants guidance your simply taking an interest in a pump and dumps without seeing it.

[LETme]

For me i love learning new things and there's nothing wrong about admiring those people but the truth about in trading you can only trust your self because we are the one who will decide what were going to do so better to follow our own instinct and by doing that we can eliminate our bad decision making because we can learn it through experience.

[Zlatna Kopa4ka]

Yes and no. I definitely know about them and analyze and hear closely what they are saying, but definitely do not follow all of the advice that they give. One thing I can tell is that Tai Lopez is just a sales man, and just a crypto enthusiast. He is just interested and tries to sell it because its popping at the moment. I recommend not to follow everything that hes saying about crypto, but its a good thing to follow him, he knows some stuff.

[goldexp83]

I try to be very careful with any influencer or signals site claiming to do so

most of the time I got burn, so for me is better to do my research and not blindly follow

I prefer traders that are not too main stream and so on but have very good technicals

[taiwww]

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?

Ive been following some of those in the recent months but nothing comes true, I guess its not my luck on the passed month, but i really believe that someday it will recover's. As of now, I don't believe to anybody. I'm focusing more on bounty campaigns to relieve my losses.

What! Do you really think that bounties will recover your losses anytime? They will get you in trouble with the time. Believe me I am trying them a lot but most of them give me crap all the time.

Also whatever you discussing here is little off the track from what OP wants to ask. The question is simple that whetehr we take help from any source or is there any source which is influencing us. But I couldn't resist myself on responding your bounty thing thats why I forced myself to mention my first line 

You said you follow some of them and then you came on your luck and then you started talking about the bounties, thats weird.

@OP, I am on my own and trying to make my path with whatever I learn from my mistake. That makes me my own influencer I guess. 

[Mahanton]

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?

Ive been following some of those in the recent months but nothing comes true, I guess its not my luck on the passed month, but i really believe that someday it will recover's. As of now, I don't believe to anybody. I'm focusing more on bounty campaigns to relieve my losses.

What! Do you really think that bounties will recover your losses anytime? They will get you in trouble with the time. Believe me I am trying them a lot but most of them give me crap all the time.

Also whatever you discussing here is little off the track from what OP wants to ask. The question is simple that whetehr we take help from any source or is there any source which is influencing us. But I couldn't resist myself on responding your bounty thing thats why I forced myself to mention my first line 

You said you follow some of them and then you came on your luck and then you started talking about the bounties, thats weird.

@OP, I am on my own and trying to make my path with whatever I learn from my mistake. That makes me my own influencer I guess. 

Bounty earnings arent still sure in the end of the sale because we wont know if it would be listed asap or not which will result into pending possible income or token earnings.Relying into bounties for loss recovery is senseless.Why do some people are too sure on what they are engaging to? but well they will sooner realized that the things they spoke arent really happening at all.

Its much better to make our own path without tending listening others words,fuds and shills.

[rickadone]

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.

I prefer the word unreal. No one can forecast anything unless maybe you are just lucky to have joined a group of whales that are holding the market strong and can decide to make it dwindle to wherever they want it. However, as a serious trader who is ready to make money, following other people to trade is just bullshit. You will always be safer when you learn and you know exactly what you are doing in the market.

[Kurokyy]

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?

Its good for crypto currency world that there are many experts who share their experience and knowledge to the investors especially to those new in crypto. But beware not all of them are legit and saying true or let us say just tricking other people so that they will get more benefit into it. Its better if you study their analysis and also make your own analysis.

[KEPLER99]

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?

Ive been following some of those in the recent months but nothing comes true, I guess its not my luck on the passed month, but i really believe that someday it will recover's. As of now, I don't believe to anybody. I'm focusing more on bounty campaigns to relieve my losses.

You know actually there is problem listening to such crypto influencers. Although they are your well-wishers and they want you to make some money as well as they are doing. But problem comes when you are just like a blank paper. You must be knowing the basic knowledge about bitcoins and how you will be earning form them. Just seek advices from experienced people but don’t just start implementing them.

[FireShark89]

I totally agree... We can listen to advice, without necessarily following them. We need to know our own options and take action based on our own study.

[SixOfFive]

The advice of crypto influencers is sometimes helpful, but I would suggest that no one should follow them blindly. Answering the question that whether you should hear the advice of crypto experts or not, there’s a 150% yes to it. It helps to know many new things happening in the market. But at the end of the day, you should research yourself to survive in this market. 

[Paverspacers]

No I don't.. But I still listen to their advice and validate the probability on my own.. although it's not healthy to keep  on following what other people recommend, it is still nice to hear the opinions of others to help validate our own view point.

[spadormie]

It must be done. Why you don't want to follow these people? They are high class. They know the market 100 x more than we know it. I follow them. I know some group in telegrams that signals trade. Might help people though.

[davinchi]

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.

The truth is that there is nothing you can do without being able to do it on your own lol. Following some of these guys will only make you to lose even more. Because some reality imbalance, you can notice down, yes why they should advice you rather than they do trader for themselves ?

You should always be ready to learn yourself, know when to enter a market, no when to exit, know when to stop loss which are the things some of these guys will never tell you and the only thing they ever give you is an entry which a lot of people have fallen for and gotten screwed.