Hard lesson I learnt from crypto in 2 Years

[yazher]

Influencers are also investors in certain projects and most of them are pain influencers to say that they aren't connected to the coins they are praising, that's a total lie that's why you really need to do your own research when it comes to this one because investing with money is crucial and you might lose everything you have just by doing one wrong decision just like what happened to the investors of Terra Luna coins which is the biggest issue right now. All investors should not use all their life savings when it comes to investing in this brutal volatility market if they want to preserve their life when something goes wrong.

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[savetheFORUM]

Even the youtubers that you love and think trusty.

Coinbereu : He all the time recommended on terra luna. He recommended it on the shitcoin Netvrk and put it on the list of metaverse best projects.


Sheldon Evans: Open youtube video terra luna to $1000 and never take responsibility for his mistakes.

Jrnycrypto -  Said that Sand token will be top 10 in 2022, dogecoin will be $1, ada will be $10 in 2021 and many wrong calls.


they are all bums.

Chillax man, they are only humans and they can make mistakes too and even myself I almost believed that luna was among the top project before. I think they only experience an unexpected problem there, that is why their coins collapsed but if that didn't happened I think they are still going strong. Sand token is also a good project and there is still a chance for this coin to be in the top 10 soon since metaverse is still there and it was still kinda new.

There might be surprises for dogecoin and ada because you know Elon already bought twitter and maybe he can make dogecoin as its official currency. Market have also not recovered but when it does, maybe ada can now be on that expected price.

[firmino10]

theirs is to promote a project through popularities, after all, it is a platform for advertising and learning but ours is to make concrete research before investing. know what the project is all about and not just what advertisers make available through a youtube video. bitcoin is a coin that has proven itself over time, so it encourages that one should put some major part of his/her investment in either bitcoin or Ethereum.

[isaac_clarke22]

~

Do you mean that they're "paid influencers"? Oh boy, this is why I avoid many crypto youtubers. Along with the monetization composed of unskippable ads, their desperation to shill a project without even trying to look bad is just so funny.
Claiming to be knowledgeable with the current trends these days, but don't know crap about the technology inside of it.

[jossiel]

Totally agree.  I've also experienced losses that shouldn't have happened.  I'm following what some of the accounts I've followed on Instagram and Twitter have said.  I think they are crypto enthusiasts and they are responsible for what they say.  I think it's better to follow our own instincts and choose based on what we believe in ourselves.  At least it's our own choice, not just because of the FOMO the influencers have caused.  Because I think a lot of them don't really understand crypto and just to increase the number of views and earn profit for themselves.

You just follow them if they have something good to say that will encourage you as you invest and trade.

But you don't solely rely your decisions on them because they're not financial advisors and even an actual financial advisor says, you don't wholly base your decisions on them.

There's only a handful influencer that you'll respect because they're genuine like Andreas but majority of them, they're all clickbaiters and hype makers.