Stay away from crypto influencers

[SlimShadyMmp]

Hahaha True talk influencers not all are actually terrible people Most dont hold or buy the project they pump and when they finish the promotion their payment usually get dumped into the market and they will normally move on.. If they happen to hold the token they pump it and then when is high enough they dump on your head..Before you invest read-up the project first and make sure is worth investing

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[dothebeats]

Sound advice. Most of them are only for the money and not for the idea or the innovation that whatever they are endorsing brings. They most probably have tokens of that crypto that are pre-mined, too, and they're only waiting for the right moment for it to hit the exchanges and they'll probably dump it too. In this day and age of influencers, listen to those who are not seeking to get attention, but those who are seeking to spread information on their words. Also, DYOR is the best thing you can do if there's just one too many influencers out there that are adding to the noise.

[Rampagoe004]

I've seen some Influencers on Youtube or TikTok and I saw how they promote coins. Seriously They sound very convincing. But if we listen carefully it sounds like someone who doesn't know anything about Crypto. It's very funny and ironic. When those of us who have learned about Crypto are affected by the words of Influencers who don't understand Crypto well.
Most of them are paid in dollars rather than the coins they promote. I've seen something like this.

[nyashenka]

It is necessary just to remeber the fact that influencers receive money for advertising the project and they advertice only that projects that pay them or pay more. It does not mean that this is a good projects.

[nesty]

Stop following crypto influencers, those of you who like using YouTube videos to pick coins and tokens to invest in you need to hear this, those crypto influencers on YouTube are getting paid to promote those projects they are chilling, why would they promise you 2x or 5x when they aren't part of the team themselves? They did this because that's how they make their own money. He who have hears let him hear.

Usually this influencers are paid by the different crypto project in return they would advertise and encourage people to invest on that particular crypto project. Of course as being paid by the developers of a particular project they will promote it with promises of high rate of return even though they are not part of the team. They are just doing it because they are being paid even though that there is no assurance on the development of the project. Using crypto influencers they can help in the promotion of the project since they are already known in the industry and a lot of people do follows and believe them. But also there are disadvantages because some influencers may have conflict of interest such as promoting certain coins in exchange for compensation. They could also provide inaccurate or misleading information which can lead to poor investment decision. Make it a habit to do your own research first and better yet believe on your instinct if it is good to invest or not. Decide for yourself do not just believe to the influencer so that you will not regret that you had followed the advice of the influencer.

[Ngemmeng]

not all crypto influencers are paid, sometimes they just give opinion on a project. my friend used to be a crypto influencer and he doesn't receive payment from anyone (even from youtube), he only gives an opinion or review of a project according to what he knows from the website, roadmap and others. sometimes he also gives predictions about an altcoin price in the future.

[riskarcher]

Actually i found crypto influencers who not active ads and it's purely he is give knowledge or insight about new of crypto and i have follow him for 2 yeras ago and as influencer he is really honest with him subsicriber on youtube. We can't judge someone if we don't know personality and the purpose they created of channel youtube, until now i'm still watching influencer who have capability in their own analyze

[Magic-Money]

That was my greatest mistake I made, when I come in new into cryptocurrency investment, that really run my cash down because of influencers in YouTube channel, while having hope on them and get lost at the end, after they have been paid, project we not longer trend as much in the channel. As a New person here in cryptocurrency business, it requires your time to make a research before putting in your money in any alt-coins, I mean new coin's that has not yet been lunch, at early stage the risk is very high and more profitable business.

[WalkerIVIV]

Actually i found crypto influencers who not active ads and it's purely he is give knowledge or insight about new of crypto and i have follow him for 2 yeras ago and as influencer he is really honest with him subsicriber on youtube. We can't judge someone if we don't know personality and the purpose they created of channel youtube, until now i'm still watching influencer who have capability in their own analyze

well some influencers does give some good advice in regard of investment, but overtime they might eventually advertise some coins because they get paid as well.
I think its just matter of us being diligent enough to know which are sponsored and which are not honestly.

[Tigerheart3026]

not every crypto influencers are same, i see some youtube/twitter influencers are promoting very legit project,
i invest in their some project and i got handsome profit but 90% influencers promoting a project just for they paid,
they will never judge which is good or bad project, so think twice before invest in their promoted project,

[Tipstar]

Stop following crypto influencers, those of you who like using YouTube videos to pick coins and tokens to invest in you need to hear this, those crypto influencers on YouTube are getting paid to promote those projects they are chilling, why would they promise you 2x or 5x when they aren't part of the team themselves? They did this because that's how they make their own money. He who have hears let him hear.

There's not much different from stocks influencers. When telling you about some coins that they believe would bull, you need to understand that they have bought a significant amount and wants to get out of it with profit. The influencer earns at the expense of it's followers. And if the influencer is talking about some promising new project, it's either the influencer got paid for advertising or they got a huge number of tokens for free with the responsibility of creating a value for those useless tokens.

[bitLeap]

Actually i found crypto influencers who not active ads and it's purely he is give knowledge or insight about new of crypto and i have follow him for 2 yeras ago and as influencer he is really honest with him subsicriber on youtube. We can't judge someone if we don't know personality and the purpose they created of channel youtube, until now i'm still watching influencer who have capability in their own analyze

well some influencers does give some good advice in regard of investment, but overtime they might eventually advertise some coins because they get paid as well.
I think its just matter of us being diligent enough to know which are sponsored and which are not honestly.

We cannot generalize that all crypto influencers will trap their followers because solely they have been paid to promote the coin. Because there are indeed influencers who really intend to provide education to each of their followers, although indeed the number will not be as many as influencers who only think about profits for themselves.

In this case we as listeners must be able to know which ones we should listen to and which ones we should not listen to. I think most people who have been in this space for a long time already know this, because usually from my own experience, if an influencer talks about a coin then I will analyze it directly and my decision is the result of my analysis, not from what the influencer said.
Maybe the job here is for someone who joins and is just learning about crypto, because usually they will look for someone who is considered to have a lot of followers to eventually follow them too. Here maybe special attention should be paid, because usually irresponsible influencers like that have the ability to convince their followers.

[deean_3one]

Investing in crypto is a very risky thing. Because the conditions are very volatile. For this reason, every decision must have a good basis, not based on the research of other people or influencers. They just work. If we listen to the research, then we who invest will bear all the losses if the research misses.

[konflikkastil]

I will say this is the best advise of the year, in every thing you do as a person on the crypto market space. Make sure you stay away from crypto influencers. Cause they can be a very bad examples, you will think they have invested heavily on the project not knowing that they are doing it for the money. If you follow their advise, you are in your own.  Majority of them are on YouTube making videos and posting it on the channels. They are paid heavily for it. Don’t ever watch YouTube videos to make a decision when you want to invest in any coin.

[terencio]

I agree that crypto influencers can be misleading and biased. They may have ulterior motives or hidden agendas. It's important to do your own research and analysis before investing in any project. Don't blindly trust anyone who promises you quick profits or easy money. Be smart and cautious with your crypto investments.

[axxo]

Stop following crypto influencers, those of you who like using YouTube videos to pick coins and tokens to invest in you need to hear this, those crypto influencers on YouTube are getting paid to promote those projects they are chilling, why would they promise you 2x or 5x when they aren't part of the team themselves? They did this because that's how they make their own money. He who have hears let him hear.

I think there are some influencers that can be misleading but not All there are still influencers who protects their image and give a very good recommendation on a specific crypto project. There are influencers i saw that trying their best to be able to convince people to invest on the project they are promoting. So it would depend on individuals if they will be convinced to invest on that particular project. Always do research first before investing into something that you are not sure enough so that you will not regret with your investment. Make it a habit to believe on your instinct and be wise before you invest in a particular crypto project.

[mich]

Well it seems many of the crypto influencers are deleting their twitter accounts. There is pressure from sec and they do not want to be any more lawsuits. And it is just not so safe for them any more.
And did you see what happened to Lechuga. Fernando Pérez Algaba was found dismembered in a suitcase and owed Argentina many taxes.
https://nypost.com/2023/07/27/millionaire-crypto-influencer-found-dismembered-in-suitcase/

[benalexis12]

Stop following crypto influencers, those of you who like using YouTube videos to pick coins and tokens to invest in you need to hear this, those crypto influencers on YouTube are getting paid to promote those projects they are chilling, why would they promise you 2x or 5x when they aren't part of the team themselves? They did this because that's how they make their own money. He who have hears let him hear.

I don't think all influencers are like you think, because there are others who do this because it's their passion, career, and it is the theme of their channel, yes, you might have point in some other things that other well -known influencers may be sponsored by some company.
But no being influencers also is a business already which is if you have a lot of subscribers or followers there are other businesses offer you something to promote their business using your channel as an influencer.

[Heulahee]

The way they are explaining something, like about a coin, that it will pump for example 20x 50x that is completely wrong. Because neither they have any positive knowledge about the project, the only thing they want to achieve is their followers on the youtube or any other platform.

[yazher]

Hahaha True talk influencers not all are actually terrible people Most dont hold or buy the project they pump and when they finish the promotion their payment usually get dumped into the market and they will normally move on.. If they happen to hold the token they pump it and then when is high enough they dump on your head..Before you invest read-up the project first and make sure is worth investing

Most of them are getting paid for what they seem to introduce to the public and they are claiming that they didn't receive anything from the crypto project. They are deceiving their viewers by sugarcoating their words that's why investors need to understand the risks of watching their videos most of them are not telling the truth or just one of the investors of that project itself that chooses to invest first and talk about its advantages in their videos and once the price goes up, they're the one who will gonna sold their coins first and leaving behind the others that have followed their footsteps.