Why do youtube "Expert Traders" keep asking money for their "premium tips"?

[whirlcoin]

I have been trying to watch some YouTube videos about crypto trading and also tried to read some articles to understand the different indicators but one thing that baffles me is that most of them claim to have made lots of money from day trading, and yet they continue asking people to subscribe for their Premium content for $100,$150 etc

If they claim to have made lots of money through their good trading strategies then why do they ask for money? Is it too much greed for more money, or they are simply lying about making money from their strategies?

I think they are giving the tips and tricks for everyone so don't be ready to share everything for free I think they will using it for promotion and for making money only it will be correct for them.

[1715276759]

1715276759

[Omega Weapon]

I have been trying to watch some YouTube videos about crypto trading and also tried to read some articles to understand the different indicators but one thing that baffles me is that most of them claim to have made lots of money from day trading, and yet they continue asking people to subscribe for their Premium content for $100,$150 etc

If they claim to have made lots of money through their good trading strategies then why do they ask for money? Is it too much greed for more money, or they are simply lying about making money from their strategies?

They are lying, it is as simple as that, someone that is making a lot of money in the markets can only have two attitudes towards giving his knowledge away, in one case they will not give up their knowledge for any price, we cannot blame traders with that attitude since their knowledge probably made them millionaires, and the other attitude is to give away their knowledge for free since they do not need the money.

[Zadicar]

I have been trying to watch some YouTube videos about crypto trading and also tried to read some articles to understand the different indicators but one thing that baffles me is that most of them claim to have made lots of money from day trading, and yet they continue asking people to subscribe for their Premium content for $100,$150 etc

If they claim to have made lots of money through their good trading strategies then why do they ask for money? Is it too much greed for more money, or they are simply lying about making money from their strategies?

They are lying, it is as simple as that, someone that is making a lot of money in the markets can only have two attitudes towards giving his knowledge away, in one case they will not give up their knowledge for any price, we cannot blame traders with that attitude since their knowledge probably made them millionaires, and the other attitude is to give away their knowledge for free since they do not need the money.

Those so-called expert traders might really be profitable and by extending out their profit making they tend to share out their trades by some sort of fee into the public
but actually these arent really ideal to be followed upon yet if they are indeed profitable no one would bother himself to share up because subscription fee wont really be that big
for him to bother out on handling people.

[Shenzou]

I have been trying to watch some YouTube videos about crypto trading and also tried to read some articles to understand the different indicators but one thing that baffles me is that most of them claim to have made lots of money from day trading, and yet they continue asking people to subscribe for their Premium content for $100,$150 etc

If they claim to have made lots of money through their good trading strategies then why do they ask for money? Is it too much greed for more money, or they are simply lying about making money from their strategies?

Well it is as they say, if you are good at something never do it for free, well obviously these so called experts are only experts at lying and scamming people, not only they are lying about knowing what will happen in the market and the prediction that they claim about the market, but they lie about what they put in these courses, if they actually knew anything about the market they would keep it to themselves and the would be making millions.

[Bitcoin_Arena]

I've been looking for a good exchange and it is the i'm glad to find one which is a good trading platform that helps newbies to trade well and that is the darb exchange , this exchange is also good in converting crypto into fiat and it will never fail your expectation when it comes to security because they can protect all of your assets that's why you can be comfortable since your assets is in a safe and secured place. Well it was really hard to know unless someone have tried it just be careful and look for some comments or thoughts about it to make sure that it is worth it because it is hard to trust nowadays because we don't know if their intention is good or bad.

Now how is this related to the topic we are discussing here?
Trying to promote and exchange with a referral link on your posts?
By the way it's against the forum rules and you  should stop the act as soon as possible

[ChrisPop]

Because they are not actually making money. They have winning trades here and there, but they are losing a lot of the time as well so marketing their so called "products" is another good source of income for them besides their videos monetization.

[danherbias07]

Good question.

Why are they not doing it themselves?
No capital is not a good reason. If they are sure with what they predicted and their strategy then it will be at higher accuracy.
But the truth is, it is not.
They were all just basics of how to trade and read a candlestick. Better to just learn it yourself while also trading for a little money for starters.

[senne]

Exactly!
If they trust their advice this much. They should have been doing it themselves then making paid channels. People are quite gullible. Human nature is full of greed. So, yeah by showing a few fake/real trades, they try to lure you and make money over it. A simple business logic based on human greed. I have been the victim of this. First you lose money by paying the fee and then you lose money by investing in wrong signals..

[xvids]

I have been trying to watch some YouTube videos about crypto trading and also tried to read some articles to understand the different indicators but one thing that baffles me is that most of them claim to have made lots of money from day trading, and yet they continue asking people to subscribe for their Premium content for $100,$150 etc

If they claim to have made lots of money through their good trading strategies then why do they ask for money? Is it too much greed for more money, or they are simply lying about making money from their strategies?

Why would you even pay for it if you could learn to trade for your own?
You should Learn then earn from your own skills and knowledge .
Don't rely too much on the TA and Pro traders tips do your own research and make your own profit.

[creeps]

Because they are not actually making money. They have winning trades here and there, but they are losing a lot of the time as well so marketing their so called "products" is another good source of income for them besides their videos monetization.

They make profit in trading for sure, but they've also earned a lot on this kind of business and that's why they keep on asking for the money. I've never get involved myself into this kind of group or on any signal group, because I know its totally useless. Youtube is also a way to make profit, so they keep on doing that kind of trading tips so viewers will come and if they fool enough the viewers, membership fee will come to them. Expert traders will always tell how much they make money but never share their losses, just to impress everyone so don't believe easily.

[btc_angela]

Because they are not actually making money. They have winning trades here and there, but they are losing a lot of the time as well so marketing their so called "products" is another good source of income for them besides their videos monetization.

They make profit in trading for sure, but they've also earned a lot on this kind of business and that's why they keep on asking for the money. I've never get involved myself into this kind of group or on any signal group, because I know its totally useless. Youtube is also a way to make profit, so they keep on doing that kind of trading tips so viewers will come and if they fool enough the viewers, membership fee will come to them. Expert traders will always tell how much they make money but never share their losses, just to impress everyone so don't believe easily.

Same here, to be honest, I was tempted before to join this so called pump and dump group. However, I realised why as these people offering this service when they can make a lot of money just by trading amongst themselves? And I realised that they are just to scam people, unsuspecting victims who are willing to get suckered by this scammers.

[Polar91]

I have been trying to watch some YouTube videos about crypto trading and also tried to read some articles to understand the different indicators but one thing that baffles me is that most of them claim to have made lots of money from day trading, and yet they continue asking people to subscribe for their Premium content for $100,$150 etc

If they claim to have made lots of money through their good trading strategies then why do they ask for money? Is it too much greed for more money, or they are simply lying about making money from their strategies?

It's up to you if you will believe them or not. It's good to know that you doubt on that as it's somehow a fraud for them to make more money. But on their side, they are doing that for mentorship; usually they share their techniques they are using which they can't open to all people. If you're determined enough, I swear you don't need that. Learning in trading is actually free, we just need to search a lot.

[pundit]

I have been trying to watch some YouTube videos about crypto trading and also tried to read some articles to understand the different indicators but one thing that baffles me is that most of them claim to have made lots of money from day trading, and yet they continue asking people to subscribe for their Premium content for $100,$150 etc

If they claim to have made lots of money through their good trading strategies then why do they ask for money? Is it too much greed for more money, or they are simply lying about making money from their strategies?

Its very simple this is not greed but they are just lying about their strategy. They might have earned a good amount for a specific period but they are not able to tackle every market situation. By showing their profitable statement they are just trying to lure people. By selling their signals for money they are always in win win situation, first of all such people are charging for giving you trading signals, secondly they are playing with your money. If trade goes into profit they will make confirmed subscription for next period and if trades goes into loss, its your money that is lost,they have already charged for their services from you.

[rapsa2018]

Lot of traders have their own expectation and prediction so I think they are all selling their own ideas so earn money from peoples have no point in trading to gain some profit.

[Gaaara]

If they claim to have made lots of money through their good trading strategies then why do they ask for money? Is it too much greed for more money, or they are simply lying about making money from their strategies?

True, but you have to consider the fact that the market does not always favor income, and same as the others timing is essential if the market is in a bad proposition then not earning some is better than losing some if the market fails having a different option is necessary for people who wants to keep earning even if the market is not doing well.