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Author Topic: Stay away from crypto influencers  (Read 3657 times)
Ketesnuko
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March 11, 2022, 12:42:23 PM
 #61

Crypto influencers are talented, they are doing their job for money accepted but some of them knows what they are doing, a crypto newbie can learn alot from crypto influencers, they give reasons why they feel that a token is good and that my dear is a good way to start your crypto journey, do your own research and apply wisdom when learning from others.

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March 11, 2022, 01:20:38 PM
 #62

why ? i think Influencers are only human beings who make a living by promoting goods and services, so all it really comes back to each one of them in taking investment actions.

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.
it's true because there really is work like in this forum from the start I knew there was a bounty youtube campaign and with technological advances now coupled with tiktok, so please don't blame crypto influencers if you have experienced failure because you invest without research,  only with  follow  the influencer says

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March 11, 2022, 03:38:54 PM
 #63

I think for a long time and many people know that these are only talking heads and they can't give any valuable information.Their task is just advertising and nothing more.their main task is to make money and there is no charitable purpose there, I am more than sure of it.

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Cling18
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March 11, 2022, 04:08:24 PM
 #64

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.

Aside from getting rid of crypto influencers, it would be better to learn about crypto continuously because if we already know a lot about it, we won't easily believe shillers and hypers. Most crypto influencers these days are just endorsing coins for money so we have to be careful and observant. Being knowledgeable is always an edge.
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March 11, 2022, 04:09:18 PM
 #65

Most of the influencers I know accept money for sharing something. I have talked about this at length many times before, if you are investing into something because the influencer got paid, you are only losing money to recover what the project has paid for the influencer.

You are basically a tool for the project to make the money back. Which is why you should always stay away from influencers, there is nothing that you could do that is said by an influencer and makes you money. It is a bad idea and it will end up with you losing all of your money. I personally do not follow any of them, because there is nothing they can contribute to me.
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March 11, 2022, 07:27:41 PM
 #66

Most of the influencers I know accept money for sharing something. I have talked about this at length many times before, if you are investing into something because the influencer got paid, you are only losing money to recover what the project has paid for the influencer.

You are basically a tool for the project to make the money back. Which is why you should always stay away from influencers, there is nothing that you could do that is said by an influencer and makes you money. It is a bad idea and it will end up with you losing all of your money. I personally do not follow any of them, because there is nothing they can contribute to me.
In crypto, you can see and hear a lot of influencers that are giving away all their crypto strategies to win in such trades and makes profit in investing. The problem is most of those strategies are not really working in the real word of trading because they were never really experts in trading. But they acted as if they know everything in crypto, and when a newbie sees or hears it, he will automatically apply it without even researching first and lose his capital eventually. This is why all are required to DYOR first because you cannot entrust your success to others. Influencers are just here to prolong losses and nothing else. If you want to succeed and be profitable, trust yourself and work hard. Everything will paid off in the end that makes you a good trader and investor.

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March 11, 2022, 09:28:43 PM
 #67

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.

Aside from getting rid of crypto influencers, it would be better to learn about crypto continuously because if we already know a lot about it, we won't easily believe shillers and hypers. Most crypto influencers these days are just endorsing coins for money so we have to be careful and observant. Being knowledgeable is always an edge.
There's no better way to trade and become successful than to learn it all by yourself and let experience mold you of what you want to become. Crypto influencers are nothing compared to your own experience and they are just here for their own profitable gains. Learning and experience are the only things we need in crypto, and those promises that crypto influencers made are just some part of their tricks so they can attract people who tend to have less knowledge in crypto. So being knowledgeable in everything will always bring advantage to us.
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March 11, 2022, 09:44:45 PM
 #68

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 listen to them sometimes, just to get an idea about the market but of course I didn’t follow them easily without confirming what they are saying, its ok to listen but its still better to analyze the market on your own. We should always remember that they are being paid for doing that, its part of the advertisement and we should not trust them easily.
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March 12, 2022, 03:19:14 AM
 #69

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.

Absolutely.

These influencers can even disguised as educators on Youtube or whatnot, so you really need to ensure that where you get your information is legitimate.

If a particular projects is reliant on influencers to do their marketing, you are almost guaranteed to get a crappy project as:
a) Their dev funds have largely gone to the influencers and
b) They know that their project will have no real adopters other than the people who buy in on the hype.
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March 12, 2022, 03:50:57 AM
 #70

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 the way you approach the market tells you those problems. Actually, when the KOLs do the reviews around the project, you also need to understand that they are just the people who recommend the project to you. There are many tricks to get users to follow and invest in KOLs, but no one is forcing you to if you don't want to. So, DYOR always considers that only fools believe the baseless words on the internet. Smiley

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March 12, 2022, 04:06:57 AM
 #71

I personally don't really care if they get paid or not in this case but it comes back to ourselves.
When indeed we are always dependent on others, then indeed we cannot blame others when things are not in line with expectations.
The analogy is that they only work and peddle the products they offer in order to attract people's attention.
The problem is that we are too focused on what is being said so that we don't do research first which gets us stuck.
When we get caught up in that, it's actually us that are wrong because we're too stupid to believe in it without any research there first

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March 12, 2022, 04:24:05 AM
 #72

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 am fed up with the views that guide the thinking and behavior of many people. Invest in themselves and seek knowledge, but putting their trust in influencers while uncertain about their abilities is no reason to believe it. Don't deceive yourself with bigotry and greed. It's better to make your own judgment. Don't blame anyone because you can choose for yourself.

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March 12, 2022, 04:49:56 AM
 #73

I am fed up with the views that guide the thinking and behavior of many people. Invest in themselves and seek knowledge, but putting their trust in influencers while uncertain about their abilities is no reason to believe it. Don't deceive yourself with bigotry and greed. It's better to make your own judgment. Don't blame anyone because you can choose for yourself.
It's absolutely true what you say mate, because people who doubt their own abilities will not always benefit and get better over time, especially if they always rely on the words and directions of influencers who basically are looking for their own profit themselves without thinking that many people will lose what they (influencers) say.

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March 12, 2022, 04:58:30 AM
 #74

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 never even followed anyone and chose to stay that way. Actually maybe some of them really provide useful information about crypto for example when discussing about a new project what he conveys has been through research and not because he is paid but unfortunately it is difficult to find influencers like that and maybe we already suspect he is the same as others who speak only because they are paid so they think all influencers are the same.

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MarjorieZimmermanGinger
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March 12, 2022, 05:58:17 AM
 #75

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.
Not only on YouTube, almost all existing social media influencers are paid to make their projects grow, investments can't just take references from them, because what they do is only to attract people's interest in starting investments, when someone starts to understand and like investing , basic things must be learned first, otherwise the investment started will just be in vain, not many people are successful based on the experiences shared by existing social media influencers
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March 12, 2022, 06:19:48 AM
 #76

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.

Well, this is a sneaky ploy that the project shows is just looking for hype and then running away.
Although not all cryptocurrency channels are bad, but if he only promotes a certain party
by offering high profits of course it is a crime that can harm many people.
Unfortunately, their target is ordinary people who are usually lured by the lure of getting rich quickly,
finally they are interested in buying and will cry when it doesn't match what they hear.

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KaliLinux
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March 12, 2022, 07:27:44 AM
 #77

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.
It doesn't matter whether they are on youtube or other platforms, the question is, are crypto investors even trying to do the bearest minimum of researching the projects they hear others talking about? People come in here every day asking for what projects to invest in and I see others giving ideas and that's the same thing like those influencers on youtube  too but it is left for the investor to check out the project they intend to invest in.
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March 12, 2022, 07:42:07 AM
 #78

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.
More specifically, staying away from people with such behavior. I think equating all influencers is not correct. While it is clear that it is a matter of your early judgment on those projects, the experience you gain will help you understand the nature of the particular cases. I think after that you will be mature enough to be able to make your own assessment of that project.

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March 12, 2022, 09:03:04 AM
 #79

The average bounty has a youtube video campaign and almost all youtube video campaigns have participants participating. So they work on promoting the project in the hope of getting paid after the program ends.
There are also those who make youtube videos with content discussing procedures for finding good crypto projects with the aim of getting paid from the audience.
Do your research so you don't get stuck with them.

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March 12, 2022, 10:54:28 AM
 #80

I tried to watch some crypto influencers on Youtube that is talking about different projects but I'm not following what they are saying. Maybe I'm just watching it just because I just want to watch that's all Cheesy. Unfortunately, these crypto influencers have a huge reach in their respective channels that is why there are some who are just following what they are saying and they will follow them until they suffer a loss.

Either way, following the advices or the projects they are saying of these crypto influencers are a bad idea but just do your own research if you want to or maybe the best thing to do if you are lazy doing research is just focus on top 10 coins but being lazy most of the time will lead you to losses Smiley.

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