Stay away from crypto influencers

[gurunanakji777]

I think many YouTube influencers are being compensated to endorse various cryptocurrencies, but we should be cautious about blindly following their advice. It's essential to have a solid understanding of the market's basics and fundamentals so that we can make informed decisions independently and avoid getting trapped by influencer recommendations.

[Roma66]

Some crypto influencers crypto market including.This is not good for crypto market.Some people didn't any knowledge cryptocurrency but he see some influencesr YouTube & blog.This is rong things some influencer people.so avoid this People always.

[JeffBrad12]

I think many YouTube influencers are being compensated to endorse various cryptocurrencies, but we should be cautious about blindly following their advice. It's essential to have a solid understanding of the market's basics and fundamentals so that we can make informed decisions independently and avoid getting trapped by influencer recommendations.

these youtubers and so called influencers sometimes are getting paid to do some review which of course gonna make their judgement bias, despite the fact that some of them may kept saying that they wouldn't be swayed by the fact that they are being paid for endorsement but regardless we all couldn't be so sure.
therefore as you said its always better to have solid understanding in regards of the project itself fundamentally and know how market patterns are.
being too much relying on some influencers might just make ourselves getting taken advantage of.

[mich]

Well crypto influencer Charlie Shrem has some 'bullish' things to say. He has made predictions about the new Paypal stablecoin called Paypal USD.
His predictions is Bitcoin to reach 250,000 faster then its supposed to. And Ethereum will reach 10 times more even faster. 
https://stockhead.com.au/cryptocurrency/mooners-and-shakers-paypal-launches-usd-pegged-stablecoin-pyusd-bitcoin-cheers-up-a-bit/

[mich]

Well here is 1 crpyto influencer that we know did use his fame to rugpull. Youtuber Logan Paul has said he is working on paying back investors after his crypto NFT project called 'CryptoZoo' reportedly rugpulled.

But he is blocking his comments on his twitter account. He knows what he has done is wrong. How can we think he will pay them back if he ignores them on his twitter account. 

[Venik]

Well here is 1 crpyto influencer that we know did use his fame to rugpull. Youtuber Logan Paul has said he is working on paying back investors after his crypto NFT project called 'CryptoZoo' reportedly rugpulled.

But he is blocking his comments on his twitter account. He knows what he has done is wrong. How can we think he will pay them back if he ignores them on his twitter account. 

He's not the only one with a similar case, he's just the biggest one. There are only 10% of them or less who are kinda trust-worthy.

[nur1labs]

crypto influencers is have bad or not up to the owner. what i seek they sometimes make big lie too. example mining per hour 5000$ crazy they just need someone watch it. so far bad or good influencers is up to people who hired them or what scenario to make the product. but sometimes what owner said is different to what they said. so this we can think the new one if the bad one is bad(if we as developer or owner project). so far this condition up to influencers or owner self.

[Blitzboy]

crypto influencers is have bad or not up to the owner. what i seek they sometimes make big lie too. example mining per hour 5000$ crazy they just need someone watch it. so far bad or good influencers is up to people who hired them or what scenario to make the product. but sometimes what owner said is different to what they said. so this we can think the new one if the bad one is bad(if we as developer or owner project). so far this condition up to influencers or owner self.

Crypto influencers! Ha! the modern day digital prophets. They make the pretense that they will inform people about the crypto world, but more often than not, they are merely selling their own skewed perceptions of reality. $5000 per hour in mining? Do they really think we're fools, please? Everything is a ruse to lure the gullible, just as ideologies and religions have done throughout history. The game doesnt change, but power and influence do.

Owners and developers must become aware of this smokescreen and see through it. The success or innovation of your idea is unimportant to these influences. They only consider their own influence. Think twice if you're an owner and relying on influencers to tell you the "truth."

[purinZ14]

I think this applies to everything. A lot of things we see on the internet or social media are heavily fabricated. I have watched one or two youtube video to get a grasp of how cryptocurrency works. It didn’t teach me everything but it gave me some ideas on how to proceed. Never use influencers as your main basis but rather a guide on what and where to research. Be skeptical and try to learn what promising projects are there on your own. If you know how to spot red flags and isn’t easily swayed, you should be fine.

[Bushdark]

crypto influencers is have bad or not up to the owner. what i seek they sometimes make big lie too. example mining per hour 5000$ crazy they just need someone watch it. so far bad or good influencers is up to people who hired them or what scenario to make the product. but sometimes what owner said is different to what they said. so this we can think the new one if the bad one is bad(if we as developer or owner project). so far this condition up to influencers or owner self.

Cryptocurrency influencers are doing us bad than good because they are only after there own pocket that there fan base that are always following there comments and advise. The market is very big and if we keep listening to them, the crypto influencers, we might end up losing big from the market. Some investors had lost so much money because they invested in the wrong project based on the idea they get from Crypto influencers which most time is to enrich there own pocket. Crypto is very risky and wmif we don't observe well before buying any coin then we might keep losing our funds to wrong decisions.

[FahriZah]

Yes you told about right things because so many crypto Influencer like not good and always trying to force to buying this coin coming soon biggest events and buy that coin very soon possible 2x profit like this actually. But not every crypto influencer not are same and not forcing us to buy that.

[aseprebel]

Yes you told about right things because so many crypto Influencer like not good and always trying to force to buying this coin coming soon biggest events and buy that coin very soon possible 2x profit like this actually. But not every crypto influencer not are same and not forcing us to buy that.

Many crypto influencers provide valuable educational content that helps newcomers understand the complex world of cryptocurrencies, blockchain technology, and decentralized finance. my advice is When engaging with crypto influencers, it's important to approach their content critically. Do your own research, verify information from multiple sources, and make decisions based on your own understanding of the market and your risk tolerance. Crypto influencers can provide valuable insights, but they should not be your sole source of information or guidance when making investment decisions.

[@sriyan]

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 saw layer zero airdrops promoted by the multiple Twitter accounts. Also, one of them working on one of the Layer Zero ecosystem projects as well. There is a possibility of getting paid by crypto project to him. As a user, we are just following him and trying to add more contracts. End of the day our accounts can be bots(same pattern bot)

[Rabata]

crypto influencers is have bad or not up to the owner. what i seek they sometimes make big lie too. example mining per hour 5000$ crazy they just need someone watch it. so far bad or good influencers is up to people who hired them or what scenario to make the product. but sometimes what owner said is different to what they said. so this we can think the new one if the bad one is bad(if we as developer or owner project). so far this condition up to influencers or owner self.

Cryptocurrency influencers are doing us bad than good because they are only after there own pocket that there fan base that are always following there comments and advise. The market is very big and if we keep listening to them, the crypto influencers, we might end up losing big from the market. Some investors had lost so much money because they invested in the wrong project based on the idea they get from Crypto influencers which most time is to enrich there own pocket. Crypto is very risky and wmif we don't observe well before buying any coin then we might keep losing our funds to wrong decisions.

From 2018 to 2021, crypto influencers had a massive influence but that influence is not what it used to be. Because now investors are aware but there are some new investors who can make this mistake. But they should know that those who talk about a project on YouTube or any other platform only bring forward the positive aspects about that project for money but do not reveal anything about the negative aspects it has. Since they are not the insider of the project it is completely foolish to get interested in any project by their influence.

[Farma]

crypto influencers is have bad or not up to the owner. what i seek they sometimes make big lie too. example mining per hour 5000$ crazy they just need someone watch it. so far bad or good influencers is up to people who hired them or what scenario to make the product. but sometimes what owner said is different to what they said. so this we can think the new one if the bad one is bad(if we as developer or owner project). so far this condition up to influencers or owner self.

well, that's why I never listen to crypto influencers. I'd rather find the information myself than listen to some of their research. sometimes the research they provide is very over or even exaggerated. Well, I know they are paid to attract investors to invest in the projects they advertise, or in the coins they own, but it would be better if we look for the information ourselves from various reliable sources.

[dlightag]

That's the problem most people face, while following crypto influencer in YouTube, don't know that, they are being paid for the update to attract new investors to buy their Coin, while after a short period of hype get dump by dumpster, which I was once a victim of that, make me Lost 3ETH, before last Bull Run started. Since then I have to stay away from crypto influencers. The best way to invest in alt-coin is to make a good research about the coin before investing your hard earned money.

[mich]

Well another crypto influencer is getting in trouble. Brazilian football star Ronaldinho Gaúcho did not appear before his country's congress to testify about company "18kRonaldinho". He told investors they would make 2% daily with crypto investments.   

And now there is a lawsuit for $61 Million for not returning those profits. https://biz.crast.net/ronaldinho-fails-to-testify-in-crypto-scam-probe-faces-possible-arrest-in-brazil-cryptosaurus/

[mich]

And now the country of France is making it more hard to be a crypto influencers. You have to have a Responsible Influence Certificate in Financial Advertising. In order to get this you need to score a 75 percent on 25 multiple choice questions. 

I like this idea and we can hope this will cause for less scams. If all the congruities did this same thing I think there will be less rug pulls and not so many people to lose their investments.

https://en.cryptonomist.ch/2023/09/11/french-crypto-influencers-need-have-certification/

[VFalcon]

I thought everybody knew that a long time ago. Nowadays any Influencer is bought and he says what he is told, that's how social media advertising works. For example, I don't watch all kinds of experts, I do my own research and learn it from my friends who are also trying to invest, I've been earning on TFS token for a year now, thanks to this methodology

[bangjoe]

And now the country of France is making it more hard to be a crypto influencers. You have to have a Responsible Influence Certificate in Financial Advertising. In order to get this you need to score a 75 percent on 25 multiple choice questions. 

I like this idea and we can hope this will cause for less scams. If all the congruities did this same thing I think there will be less rug pulls and not so many people to lose their investments.

https://en.cryptonomist.ch/2023/09/11/french-crypto-influencers-need-have-certification/

This is a good initiation from the government, providing requirements for people who want to become a crypto influencer in their country, in other words this license will be quite useful to reduce fraud and bad offers from influencers who want to do the Ponzi scheme.

I hope that in my country I also do things like this, there is a standardization of influencers in giving influence, and Lisesnsi makes it the right to give an influence, because here in my country also many people brag about crypto, many pom-pom schemes, advertisements using actors, And many more without that person really know about Crypto itself.