Do you follow trading advice from crypto influencers?

[biogesic]

Yes some advice, but not buy/sell signals.

[cheezcarls]

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?

I’m sorry that I don’t follow advice coming from the influencers because the market right now is so unpredictable. Not only that, it has high volatility as well. For me, the only thing that I am trusting right now is my own instincts when it comes to #HODL or #SODL. Just my two satoshis.

[pinoyden]

sometimes, some blogger's / "experts" analysis is funny but useful. While useful doesn't directly mean can help you make a profit from trading by their advice, but at least an experience

thats right. their strategy might be working for them but may not work on you,  thats why it is much better to do your own moves . Doing your own move is also better than depending on others because you cant blame anyone if ever you did loose but aside from loosing you can also gain experience that will surely improve your skills latter on the game.

In my case i did not follow every advice (whether it is from trading , investing , or anything inside and outside the crypro scene ) but i did only read them so that i can be familliar with other terms and words that can greatly enhance my knowledge as a person.

[AK47-]

Yes, crypto influencers have been my main source of information. I follow multiple twitter and telegram channels for the advice and have somewhat been successful in getting the right tips.
Over the last few months alts have shown some considerable growth and I have had 90% success with them.

[Sadlife]

Sometimes good advertisement such as crypto influencers can affect bitcoin's price because some traders watch and follow their advice. That's why crypto news or FUD news are important fundementals of bitcoin price cause you can get reference from it if the price will go down or rise.

[feverpitch]

You shouldn't follow every random crypto influencers, that call themselves "experts", I'm trying to make money out of FOMO, whenever there is some announcement from developers

[cutikanzilong]

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?

most investors in the world of cryptocurrency trades do not know the procedures and techniques in buying and selling coins in the market. They only rely on bots and telegram channels for example to see the movement of bitcoin or altcoin

[Wilsonong222]

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?

Following the trading advice by crypto influencers exposes you to a lot of trouble. The logical thing you might do is to only make it a basis for your initial strategy but never make those advices as your main factors for decision on trading. The danger on that influencer is we don’t know who is really saying the truth and not so it’s better to trust your own analysis.

[futuret]

Yes, I follow the trading advice from cryptocurrency influencers because there are professional enough in this field of the business, so the advice that they will say to you is reliable. 

Well to be honest yeah and I also love to do my own research to stay alive in the market. Remember you should never just follow others and should also use your mind to make sure if the person sitting next to you is right. Almost all the experts give you the good tips but the thing that matters is to execute them practically and make use of the information you get from the experts because you can only get benefit if you do things practically.

[sureshotcoin]

crypto influencers may nt be right every time we cant completely rely on these crypto guru we can see how the market got dumped so no one can say where it goes in coming days

[Delima Manis]

if I did not follow them when I was learning to trade first, then my time of understanding would not be so fast, there needed to be synergy and continuous communication to learn many valuable things, I myself was taught to be more positive because at first I was very frustrated and unable to restrain emotion for any price reductions that occur.

[iMark]

I'm leaving adivces from other experts about a year ago, that was bad experience for me and my money. My skill don't increased by that, and sometimes I've got loss on that

A blind follow will always embrace you with a lose. Do not follow any advice blindly as you maybe caught in a scam advice. I am also investing after getting any signal but I am not a blind follower as whenever I get any signal I start to search about the coin and project for which I get the signal and I spend time to see that why the adviser gave me the signal and what a good point is going to happen in the market with which I will have to invest. That is a point which you have to do for investing in any coin/asset.

the key is do not use their suggestions outright or do not be blind to their advice, I myself don't really follow the advice from other traders, because maybe they give a scam advice or advice that benefits for them alone, I'm more confident in my ability/skills than follow suggestions that are unclear

[Tamilson]

crypto influencers may nt be right every time we cant completely rely on these crypto guru we can see how the market got dumped so no one can say where it goes in coming days

And they're not even a geek and with what they said are all pure speculations so nothing will be certain in everything they've said. Some use their advice to be their guide and they know the fact it have risk but then again they put their trust on it. Though with this world money runs everything, some of these experts are being paid to make advices so they can help to spread fuds so the commotion will start in the community. So for me nothing will beat to do our own research, though it's hard at first but eventually it will be worthy.

[gabmen]

I'm leaving adivces from other experts about a year ago, that was bad experience for me and my money. My skill don't increased by that, and sometimes I've got loss on that

A blind follow will always embrace you with a lose. Do not follow any advice blindly as you maybe caught in a scam advice. I am also investing after getting any signal but I am not a blind follower as whenever I get any signal I start to search about the coin and project for which I get the signal and I spend time to see that why the adviser gave me the signal and what a good point is going to happen in the market with which I will have to invest. That is a point which you have to do for investing in any coin/asset.

the key is do not use their suggestions outright or do not be blind to their advice, I myself don't really follow the advice from other traders, because maybe they give a scam advice or advice that benefits for them alone, I'm more confident in my ability/skills than follow suggestions that are unclear

Well you have to consider that most of these people aren't doing it for charity. There must be something in it for them right? Probably to pump a coin or something who knows. Better to take them in and analyze where they're coming from to arrive at that end decision. I agree that blindly following these predictions would more.often than not leave you in a loss or you'd have to hold for a very long time

[apityeh71]

Actually I don't understand how the blockchain project work  in technical, so to more understand the project I wil looking for some review in YouTube about that project.  And some YouTuber make me more understanding  what purpose of the project. But some times between crypto influencer  explained  the project in different way,  other  say that good but other said that not good project. And finally I make decision by self.

[Scavagers]

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?

I sometimes do watch tutorials on youtube and I can say that it is worth. It helped me a lot because when I came into a rough situation, I know how to deal with it because I watched it on a video. These influencers are experts so we can rely on what they are saying and they have experienced many things before they become an expert. I just make sure that I just do not follow, I make sure that I know what I am doing and sometimes I also rely on myself because it makes me better than just following.

[kolega]

I periodically study the opinions of experts, but still prefer to make decisions after my own analysis. I must admit that sometimes the opinion of experts is very useful.

[ajaymukund]

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?

I will not follow them. Because I have different analysis experience than them. I have people who always invest in good news. I do not believe in that.
I will invest based on the market trend. I spend 3 hours a day researching Shark's strategies. By spending more time analyzing and trusting myself, I have never made a mistake in investing and trading everyday.

[A L I E N]

I'm leaving adivces from other experts about a year ago, that was bad experience for me and my money. My skill don't increased by that, and sometimes I've got loss on that

A blind follow will always embrace you with a lose. Do not follow any advice blindly as you maybe caught in a scam advice. I am also investing after getting any signal but I am not a blind follower as whenever I get any signal I start to search about the coin and project for which I get the signal and I spend time to see that why the adviser gave me the signal and what a good point is going to happen in the market with which I will have to invest. That is a point which you have to do for investing in any coin/asset.

Of course, if you do it blindly, you will lose a lot. However, if you read all these pieces of advice and analyze them, it will be only the greatest help for you. I always look through this information.

[ShitTL]

When dealing with digital money I always listen to opinions from experts who are more experienced than me and I always consult them and learn something from them for myself. i alway follow advice from crypto influencers