Should you trust crypto "influencers?"

[sureshotcoin]

What do you mean by influencers? If you mean by that is about manipulators, no you should never, because there are too many and situation may always does not support them, so you can follow.

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[jahn_quid]

I randomly bumped into this website: cryptoinfluence.io
They give these crypto YouTubers a score to indicate their "credibility?" I guess
It also has a scammer list

but

In my opinion, these people are just regular people expressing their personal opinions, there should not be any credibility nor should they have a lot of influence.

Well anyhow, just find that interesting to see what's your opinion on if you trust these crypto "influencers" and if you do, what are some good influencers that you follow, would like to see what they have to say.

I think the oft-used adage here is: Only put in what you're willing to lose.

There's certainly merit to listening to other peoples' advice; and influencers can be helpful and provide insight, despite the risk of being a scammer. But just like ICOs engage in KYC/AML, buyers and investors should be doing the same. And at the end of the day, it's you who pulls the trigger.

A good practice in the analog world with investment bankers and funds are that they "advertise" their overall returns. Maybe that's something more crypto investors and advisors will adopt as this space progresses? 

[mybloomingpath]

 I trust only those whom I know personally. Influencers - can help you to learn faster if you use info from them in a right way, considering, checking and rechecking.  I listen different people who are more experienced than me, trying to understand new thing to me and make my own estimations. I used to make my own decisions and actions based on my own feeling even if they are not successful. 

[dothebeats]

If their influence really speaks volumes then why they weren't successful at all? For the most part, these people are only paid shills by a certain ICO/coin to do all the shilling they can in order to lure some people in buying their scam coins. Influencers are just another glitzy term for 'paid shills' at this time and age, and if they weren't able to express any form of intelligence/knowledge about crypto in general, then there's no point listening to them anymore. I'd rather trust my own intuition rather than paid actors for my money's sake.

[RougeonMining]

You should never trust only one people's opinion. Do your own research and invest in what you believe, not what people told you.

[wiser]

What do you mean by influencers? If you mean by that is about manipulators, no you should never, because there are too many and situation may always does not support them, so you can follow.

Unfortunately, often the market manipulators come across to the general public as consultants who just happen to be very good at trading. It's not like they put "Market Manipulator" or "Pump and Dumper" on their Twitter profiles. But some of them have been caught red handed using their subscriber base as fodder for their manipulation schemes. In some cases, their subscribers have been paid subscribers, which makes that abuse all the more blatant.

If you follow an influencer and they start promoting a coin, ask why before you buy.

[Moonbrand]

What do you mean by influencers? If you mean by that is about manipulators, no you should never, because there are too many and situation may always does not support them, so you can follow.

Unfortunately, often the market manipulators come across to the general public as consultants who just happen to be very good at trading. It's not like they put "Market Manipulator" or "Pump and Dumper" on their Twitter profiles. But some of them have been caught red handed using their subscriber base as fodder for their manipulation schemes. In some cases, their subscribers have been paid subscribers, which makes that abuse all the more blatant.

If you follow an influencer and they start promoting a coin, ask why before you buy.

Besides for Youtube and other social media influencers, how do influential people’s opinions, such as Richard Branson, Bill Gates, and on the flip side, Warren Buffet, on Bitcoin and other cryptocurrencies affect the volatile nature of the exchange rates and the general public opinion of crypto? Is it a good or bad effect due to them being a more credible source of information as they are distinguished people in their own rights rather than Youtube sensations who can get these “paid followers” to make themselves look legit?

[MintDiceSupport]

There has definitely been an influx in crypto influencers especially on YouTube and social media, we talk about one in particular, Brock Pierce, in our blog post and how he's having an impact on this community-- bit.ly/BrockPierceInfluencer

But for the most part, proceed with caution when looking toward online influencers. Rule of thumb in the crypto world is to always do your own research before getting involved in anything that an influencer might recommend.

Cheers!

[mu_enrico]

Almost all of them only there for entertainment purpose and not to be taken seriously.
But recently one Youtube channel gain my trust, it's CRYPTOTWINS lol

[Kemarit]

I randomly bumped into this website: cryptoinfluence.io
They give these crypto YouTubers a score to indicate their "credibility?" I guess
It also has a scammer list

but

In my opinion, these people are just regular people expressing their personal opinions, there should not be any credibility nor should they have a lot of influence.

LOL. Its pretty obvious that those so called influencers are just joining the bandwagon before it exploded. So I haven't seen anyone credible enough, not even John McAfee who was touted as a big influencer on the crypto verse right now but you can see that he is actually a bag holder so it only makes sense for him to schill his invested coins.

Well anyhow, just find that interesting to see what's your opinion on if you trust these crypto "influencers" and if you do, what are some good influencers that you follow, would like to see what they have to say.

I wouldn't call Andreas Antonopoulos, but he is more credible than others that I known off. Or perhaps Vitalik himself, the man behind Ethereum. But in Youtube, Nah, we have more experts here than anywhere else in the social medias.

[xpency]

A lot of people out there trying to show how good they are with trading crypto, some are just fake ass people but there are real ones too. But the real information are out there for free.
I alsi recomend twitter, it's a place to find good trading information.

[NCN_Moon]

I wouldn't trust the influencers but will take their analysis and information into consideration when evaluating ICOs. Though some influencers may deliver false information due to the tie with the projects, I believe most will do honest reviews.

[malihung]

sometimes their analysis is interesting and view at a different angle, can take as a reference but not rely on it .

[TRAN TRIN]

I randomly bumped into this website: cryptoinfluence.io
They give these crypto YouTubers a score to indicate their "credibility?" I guess
It also has a scammer list

but

In my opinion, these people are just regular people expressing their personal opinions, there should not be any credibility nor should they have a lot of influence.

Well anyhow, just find that interesting to see what's your opinion on if you trust these crypto "influencers" and if you do, what are some good influencers that you follow, would like to see what they have to say.

Social media influencers can be a good asset for the business especially if the influencer has a lot followers.

[Inasal03]

I can only trust crypto if i know about that  so i need to search  about crypto before trusting anybody.