do you trust social media influencers on cryptocurrencies.

[disconnectme]

It is a 2-way thing, there are some of them that have good track record shilling projects but there are some all they do is to shill a project and dump on you. The one you see that after shilling a project the price dump, never listen to him/her again. You need to know that it is your money that you are investing into this projects, if a tokens has pumped before being shilled do not buy, because that is a sign of inside trading

[nikola22]

I don't trust social media influencers on cryptocurrencies but sometimes they may provide useful information that will help you to take the right decision. you don't have to invest money just because they say, it's better to analyze yourself.

[Silberman]

Honestly, i have followed lots of twitter influencers and i can say that most of them are active during bull market and goes silent when the market is dull. you see post like btc pumping, lets go to the moon and so on whenever the market turns green. looks like most jump out from Nowhere to proclaim the BTC goodness. My opinion, if they failed to inform their followers and  listeners to be careful and never to be greedy, then they are not truly crypto influencers. all they wanted to do is dump on their fallowers and move on.
My belief is that whatever goes up will surely comes down and btc and other crypto will correct sooner or later and we might wait for months again before another major outbreak like we are experiencing  now. Do not go all out on BTC.

The name they give themselves say it all, they are influencers and the question I ask myself is why I would want to be influenced by someone when it comes to my financial decisions? There is no valid reason for that, if you do not know what to do with your money that is a sign that you should improve yourself in that aspect and not a sign that you should try to get external help, because no mater how good that help could be it is always going to be inferior to what you could do on your own.

[Sled]

Honestly, i have followed lots of twitter influencers and i can say that most of them are active during bull market and goes silent when the market is dull. you see post like btc pumping, lets go to the moon and so on whenever the market turns green. looks like most jump out from Nowhere to proclaim the BTC goodness. My opinion, if they failed to inform their followers and  listeners to be careful and never to be greedy, then they are not truly crypto influencers. all they wanted to do is dump on their fallowers and move on.
My belief is that whatever goes up will surely comes down and btc and other crypto will correct sooner or later and we might wait for months again before another major outbreak like we are experiencing  now. Do not go all out on BTC.

Is the results are good? Or something you will say that we need to be careful as well.

A lot of people pretending to be social media influencers particularly into cryptocurrency. Actually, there is no wrong if we follow them, listen to them but we should also have to think if they are also saying the right things about crypto. if these people are also crypto holders, they might know more about it but if they are not, they are talking nonsense.

[akar87]

I don't trust crypto influencers or other social media or even cryptocurrency experts, I just use them as references and don't trust them completely. in this industry there is nothing you can trust, let alone fluctuating crypto prices that cannot be used as a benchmark. As an investor, you need to really research more about the projects you want to take part in, manage your money properly, and not be greedy.

You wrong when not believe with crypto influencers social media, look last tweet from Elon Musk and check whap happen with DOGE coin after his tweet, price pump just few second from his tweet so its most important if you wanna success in cryptocurrency you need to check social media and waiting for what new update giving by some one have big change for cryptocurrency.

[Wulan_maniez]

One should not just trust influencers, because we already know that influencers are someone who works for pay, so they will
always promote any project positively and attractive, so that their followers grow, and it can make a lot of money for them.

[Psynthax]

Half of social media influencers are shillers, that's the fact.
They most of the time hid behind bitcoin and stylishly promote other altcoins which they hold bags and when this market pump, they sold and leave you hanging with loss.
Telegram crypto signals aren't excluded, I make sure I look at their content as educational and not Financially.

That's frank but true, there's reason why these influencers spending their time creating some videos and posts. It's because they are getting paid otherwise they won't even move their finger to get out some effort.
Social media influencers is the last person people should trust, they are just promoting, promoting and promoting except very few.

[tsaroz]

In my experience, everyone here are trying to make money when it comes to influencing people about crypto. There are some neutral people but they speak what everybody knows. The secret of being successful on crypto market is being able to predict the moves of whales and manipulators. You don't need to be 100% right, you just need to be more right than wrong.

[Baimovic]

One should not just trust influencers, because we already know that influencers are someone who works for pay, so they will
always promote any project positively and attractive, so that their followers grow, and it can make a lot of money for them.

if only to keep up with the latest updates on a project it's not a problem, but there's no need to believe it. Because Crypto influencers work within their fields and are paid to attract public sensation, but I personally don't expect much about that. I just use it as a reference and nothing more.

[Francis Freeman]

To answer your question nobody should trust any kind of influencers. What you can do is use them and follow them to get a hint of what's going on in the world of crypto ,then research further and make your decision on whether the  area and the project is good .

[sana54210]

No one should take what a social media influencer as a means of getting information or advice on making investments decisions. Those social media influencers are paid for whatever they are to say about a project or investment platform. And you should know that whoever pays the piper dictates the tune.

You're right. Maybe after you get information from the social media influencer, you must search for the other info to know if they are right. I am sure you can get many things that you should have to decide to invest or not later, so you do not pick a wrong investment in the wrong project. If you just follow whatever they say, you can waste your time and money because you do not search for another review.

Doesn't that kind of depends on the information you are getting from them? I mean I do not trust any social media influencer ever about a new project going high, or even bitcoin going high, whenever they speculate on price of something I completely ignore them all together.

However don't you think when they share a news with you, it is important to check that out and also research if it is true or not? This is news after all, like if I hear someone say "grayscale bought another 100 million dollars worth of bitcoin" I do check if that is true or not, instead of just completely ignore it, that would be a lot more different than the ones that says "xyzcoin will go moon!! buy now!!" type of posts which is obvious that they got paid, there is no reason to care about those ones. At the end of the day we should focus on what they share, and not who shares it.

[aTriz]

I don't follow any influencers. I sometime visit their profiles on social media channels. I sometime watch their videos on youtube and linkedin. but I never make my investment decisions bases of those so called influencer's speculations and signals.
so those influencers are totally failed to influence me and my crypto life. I always do my own due diligence. do my own research and then I invest in crypto market. which I don't do too often. I hardly invest in something nowadays.

[wxxyrqa]

To answer your question nobody should trust any kind of influencers. What you can do is use them and follow them to get a hint of what's going on in the world of crypto ,then research further and make your decision on whether the  area and the project is good .

I think that the statements of certain people are still worthy of the attention that we show them. I am especially interested in the opinions of those people who have repeatedly proven their ability to understand the cryptocurrency market and predict the development of events in the near future. There is no question of too big forecasts, since only the Almighty can do it.

[cabron]

To answer your question nobody should trust any kind of influencers. What you can do is use them and follow them to get a hint of what's going on in the world of crypto ,then research further and make your decision on whether the  area and the project is good .

I think that the statements of certain people are still worthy of the attention that we show them. I am especially interested in the opinions of those people who have repeatedly proven their ability to understand the cryptocurrency market and predict the development of events in the near future. There is no question of too big forecasts, since only the Almighty can do it.

There are several youtube guys that I subscribed to because I like what they're saying to their video. There are channels that review tokens which they are also updating their followers about what is about to happen to the project.

I followed many projects and there are some that I don't know and I'm a bit lazy reading about the project but I end up learning about the project when they feature it. I feel enlightened when I know about the project and helps me decide whether to buy some or not.

[jaberwock]

if only to keep up with the latest updates on a project it's not a problem, but there's no need to believe it. Because Crypto influencers work within their fields and are paid to attract public sensation, but I personally don't expect much about that. I just use it as a reference and nothing more.

Totally agree with what you are saying, most Crypto influencers only work to create some interesting sensations, because they are basically being paid for it, so don't trust what they are doing, just look for references and if necessary be reviewed repeatedly.

People get too egoist with power and that causes the biggest problems. Normally when a new twitter account starts sharing good news, literally just news, get it from somewhere and share it with the world, and basically become something decent, with a few followers, they start to become more opinion oriented because they got followers.

Now consider this times a thousand, when someone gets to be over 100k+ followers, they stop sharing just news, they share their opinions like they are the rule and when they are wrong they just do not even acknowledge they were wrong and they move to next opinion already and share that, which becomes toxic. That is the problem with influencers, they start off well and they have good intentions but the more followers they have and the more people share their love for them, they become even more dangerous than their intentions.

[akar87]

In my experience, everyone here are trying to make money when it comes to influencing people about crypto. There are some neutral people but they speak what everybody knows. The secret of being successful on crypto market is being able to predict the moves of whales and manipulators. You don't need to be 100% right, you just need to be more right than wrong.

Most effective when promoting project using media social because many communication of interaction happening on social media like Facebook or twitter so become easy how to get investor by promoting with social media, just after many people know with how project working give education with telegram community group to make investor most understand how project working and give analyze for the future planning for some project.

[trauchot]

I don't trust anyone, because most famous people who writes something about cryptocurrencies in social networks always get money for it and therefore we shouldn't believe such people, because we all saw what John McAfee wrote and how much money he received for it...

[cryptoknightt]

like that is a prediction, if they predict something then the prediction is correct then they will proudly say it to the public, whereas if their prediction is not correct then they will immediately eliminate it or not bring it up at all.
and will make another statement when the previous news has faded.

[Banulit]

There are several social media crypto influencers that is really good in giving advise that make them worthy of our trust however even though they give good advise you are still the one who will make decision in doing crypto things. You just need to be more wiser in every action that you are doing.

[sapnu]

I think I would rely on their reliability before completely trusting them. Social media platforms are very broad and might be confusing and misleading at some point. Fame might be on someone but that doesn't mean you are supposed to believe them or hold on to their predictions. Even though they are influencers, you should always stay on your mind and make sure that you will base your beliefs through your own spectation and analysis so that you can think more straightforward.