Stay away from crypto influencers

[coin-investor]

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 .

Gone are the days when influencers protect their reputation and only promote projects with high potential but now it's all money, they don't care if the project is useless or with zero potential all they want is money that these developers are paying, I agree with you we should set up our own criteria and our own research you can watch and read what they are saying but it's your own criteria that matters.
Take 1XBIT, for example, it's a scam casino but still, many Youtube influencers are promoting this on their channels if they can be good in analysis you can also be good in the analysis except that you will be better because you are investing with your own money.

[Eternad]

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.

though content creation bounties are no longer popular especially here in forum, some influencers with most views and followers are mostly contacted by the team or what they call now collaboration wherein they will be paid depending on the contract some offers token and some content creator directly contact the team in exchange with tokens it will depend now to the team if they will do the collaboration with them.

[super bako]

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.

the target in this case is definitely a newbie, or a new investor who wants to join the crypto world. Basically, it's kind of like the hype, and there's a lot on Telegram that offer this kind of service. they sometimes show great returns, and are ready to do the same with your funds. however, it is better to keep learning and do it yourself.

Slowly people who are destroyed because of influencers will realize that it is not sweet what coin promo people say, one to be self-aware. newbie switch independent how to correct altcoins properly not rely too much on a stranger. I've been in a position like that.?

[xzone]

Influencers don't trust me either, I don't have anyone I follow. Influencers either get paid to promote or have already invested, we all know that. We all know that he does not introduce you anything by doing research without expecting anything in return.
However, there are still a lot of people who will invest in the coins they are talking about, and we should not forget that. Sometimes I think it creates a chance to make money

[adzino]

I bet 99% of those influencers don't even know what blockchain or crypto currencies are. They don't even know what they are promoting. They get paid, they start saying scripted shit about how cool that coin is and how fast it can make you rich and so on. And sadly there are people that follow those influencers and falls for their trap.
Even if you are following an influencer that makes legit contents, make sure do your own research before making any investment or you will end up losing everything.

[Pasa32]

It is absolutely right many YouTube or Other Social Media Influencers get paid for a video or post.
It will be better to not follow them and start your own research, by this you can learn a lot about new projects, about crypto market and many more information.

[Hypnosis00]

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 . 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.

We are watching them coz we the interest to listen to them, in fact, we gain ideas from them as well. Well, some are just telling the truth and some are not, it comes to be usual as these Youtubers might be got paid to promote and some base on their experience.

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 .

I'd listen to those influences that I feel are right, that I feel they have the real background in trading or in investing. To follow them is not a wrong idea but what went wrong is to follow people who are telling lies. As traders, we know exactly whose telling the fact but if we are noobs, that is something difficult.

[macson]

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've never heard of anyone investing following advice from crypto influencers on youtube and TikTok profiting, in fact, most of them are losing.  they are just doing their job ^{(paid with advertisements or trying to make money from showtime)}, whatever they say, don't believe it easily, if you have already followed their advice then act wisely.

[hyudien]

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 agree to this, however, the investment must be safe from manipulation by influencers. In other words, the influencer tells us to buy X tokens while he has already bought it. So when we follow the instructions and then the price goes up due to a surge in buyer demand, the influencer makes a sale from the demand he has influenced his followers. Doesn't this violate the concept of financial freedom?

[Ararbermas]

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.

true! Most of them are paid to advertise a crypto project, wherein they just pretending that most of their speculation are correct because when they provide information they are seems experts when it comes such thing even it's clearly that they are not base on their background.

It's always too good to be true, so must learn more about crypto projects such how to pick good coin because that's the most important ti prevent losses from scam projects..stay away from influencer that obviously most of their content are click bait!

[gurunanakji777]

Good projects grow gradually and never claim 2X - 5X of growth So I don't believe in the crypto influencers and not follow anyone because I always believe the coin we analyze ourselves can give good returns rather than believing in others' choices. Most of the influencers get money to speak about the coins they promote. The best way is to focus on the movement of 4-5 coins daily for 1-2 months then select which is the best I always keep an eye on the movement of the coin that I wanted to trade so that I can reduce the risk of loss.

[RealMalatesta]

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.

though content creation bounties are no longer popular especially here in forum, some influencers with most views and followers are mostly contacted by the team or what they call now collaboration wherein they will be paid depending on the contract some offers token and some content creator directly contact the team in exchange with tokens it will depend now to the team if they will do the collaboration with them.

Partnership with those influencers do not even cost that much. You can get a lot of them for just 100-200 dollars, and even the most expensive ones charge like 5k, which for a company at a huge size that require something like that would be able to pay anyway. If you have an NFT that you are selling for 1 sol each at 10k collection, you are making like 1 million dollars, so 5k is not big.

At the end of the day, why pay thousands of people who people will ignore and devalue your project, when you can pay some influencers very small amount and get a lot more attention? As a marketing person I can tell you that influencers should not be listened by investors, but they do.

[judeafante]

Crypto influencers are actually manipulators or part of the team that manipulates the market they are whales or signal teams whose goal is to make money out of little investors, you are sure to lose if you take their advice blindly without doing research, I was blinded by these influencers into investing Meme coin, after investing I lose 50% of my investment on that meme coin.

[sarmrakib]

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 always try to research myself ,not to follow the inferencer .I am agree with you ,They do everything for promoting a project which are they paid for .So they can even promote a shit project if they paid it for .Some of them are doing it professionally .So it will be better to ignore them .I think we should need to research yourself before invest on any project .There is no guarantee that any project gives you this kind of return ,Only a strong project have that potentiality .So that i wanna suggest you to research yourself if you still believe them,Make your confidence about the project you wanna invest .

[Godwinpaul]

Crypto influencers and YouTubers are not the issue. I personally don't see any harm in what they do, the cryptocurrency industry is decentralized and everyone is entitled to their opinion. It's always a better idea to verify information before running with it. The importance of DYOR cannot be overemphasised as your funds are yours to invest.

[andyou1234]

I've been following some of these crypto influencers and just still fine for me. I don't make a reason that they are majority liars coz some of them are not. Of course, we have our decision which thing we have to follow as in the first place, we don't have to rely them all. That is why we should make searches. Having some ideas from these influencers helps us, anyway. And we can't deny that because of them crypto become known to us, they actually brings hypes quite sometimes which I know that many of us getting benefits from it.

That's right, not all influencers deceive their users, there are also many influencers who provide benefits for their users, in my opinion before joining as an influencer, you should do an in-depth analysis first, this is to avoid influencers who want to fraud my opinion, if we follow the right influencers, we will get big benefits from these influencers, it's the same with choosing projects in crypto, some are successful and some are not.

[LastKiss]

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, if like that then it's not only for influencers but other people too even your friends who promote a coin to you with a big return probably they're lying about it. We should know when it comes to a PONZI scheme or a really good investment project. They only share their referral code and hope people who don't understand to join to get free money  .

[Imran232]

<.............>

Honestly speaking, I have already experienced these bad things in my life. Though I didn't follow many YouTube channels, those recommended for investment, I did follow a few, two of which were free-earning YouTube channels. And one is who teaches us trading and market conditions. And because of him now, I will not follow any influencers. Whatever anyone said, I didn't care. I did my research by myself, then I took my decision. Actually, I totally avoid all Twitter influencers because I already got trapped by their tweets and invested in 2 projects, which are now the worst resilent giving coins in my portfolio. Now I have made my decision and do not need to blame anyone. That's all there is to it, and I've learned one thing: it's their job to promote a project, but they didn't force us to invest; they simply said there's another project.So, in this case, we must choose our own path to invest in any project, as well as conduct our own research.Thank you.

[Flexystar]

Yup why not, paid media everywhere these days. In fact there is also competition between the two projects as to who will pay most to an influencer so that they can get the spots. Just like the bidding which occurs to get the highest slot on the forum advertising banner. For multimedia like YouTube and other social platforms they pay insane amount of money. Sadly in the process they get the money from scam projects also. Because they talk what is being scripted for them as they are getting paid anyways. In addition to this they keep getting the subscription and followers too so what they have to loose even when they lie about it.

[fvb]

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 believed the information that comes in a large stream from different channels and social networks. You can talk a lot, but it's better to believe your own careful analysis.