Hard lesson I learnt from crypto in 2 Years

[dhru9]

1, Never  listen to YouTubers they are bums .


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.


2. BTC is the king. The ratio should be like BTC/ETH 80%  rest alts.

3. Make a decision - When big opportunities knock the door make decisions fast.  trust your gut. Examples are Elon musk shill dogecoin first time. Facebook change the name to Meta. You have to make a decision when is happening the same day.
Like when you have the opportunity to go out with a girl you like. Make a decision now. All these  waiting and thinking is  killing you.  Think fast.



listen to you

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[joeperry]

The number 1 is right, never listen to YouTubers especially influencers as they are just getting paid to advertise the coin and doesn't really know anything about the project (most of them) second is true but it is up to you if you wanted the majority of your asset to go in Bitcoin, I personally put 90% of my money to Bitcoin and the last one on your list is risky, though it could be profitable but make sure that you won't be too greedy and don't put all of your money on that coin try a lower to average amount (depends on how much money you have) and use that, it is not bad to take some advantages to things like this.

[Jackl87]

1, Never  listen to YouTubers they are bums .
2. BTC is the king. The ratio should be like BTC/ETH 80%  rest alts.
3. Make a decision - When big opportunities knock the door make decisions fast.  trust your gut. Examples are Elon musk shill dogecoin first time. Facebook change the name to Meta. You have to make a decision when is happening the same day.
Like when you have the opportunity to go out with a girl you like. Make a decision now. All these  waiting and thinking is  killing you.  Think fast.

To your fist point: I totally agree and of course this is not only true for youtubers but for every crypto influencer out there may it be on twitter, facebook or whatever platform they are on. All they do is to shill their own bags and none of them really cars about their followers. They just shill a project that they are already own themself, so their followers are buying it and then they dump on them. Maybe there are a few good influencers out there, but i have not seen one yet.

To your second point: If you wanna go for a relatively safe investment then of course i agree but if you are going for potential moonshots like x10 or more in a realtively short time then you have to invest into small alts. The risk their of a total loss of your investment is way higher this way obviously but you should not invest money that you need for living anyway.

[strunberg]

I am believe all of those was right, we must confidence with our own analisys and never trapped by influencers review in youtube , twitter or anything else. Maybe they were paid foe their review about any projects. By taking our own decision  based research and observation.alot influencer shilling their assets meanwhile we buy they will sold it

[cytpoway121]

1, Never  listen to YouTubers they are bums .

Firstly, there are no bums in crypto currency, either they are influencers or newbies, or traders or owners, no body is a bum. Everybody is into crypto currency to take profits, the influencer telling you to buy A or buy B is doing so for his pockets, ofcourse influencers call will win, (is it all the time?) When influencers and project owners say, this is not a financial advice; do you think it is a joke ? Crypto preaches self responsibility. We must always leave at home our bias while dealing with crypto currency and ofcourse fix pout greed.

2. BTC is the king. The ratio should be like BTC/ETH 80%  rest alts.

BTC is king, undisputed; but on the short term, BTC will not give you the profits that you desire and this is the main pivotal reason why we all flock towards alternate coins. To survive investment in altcoins, you must spread your niche amongst several chains and understand how they work. Relying on btc would not improve your funds short term; while depending on altcoins would rekt your finannces

What do you do ? see below

3. Make a decision 

: By Creating a balance between BTC and Altcoin investment

[RussianEnglishTranslation]

1, Never  listen to YouTubers they are bums .


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.


2. BTC is the king. The ratio should be like BTC/ETH 80%  rest alts.

3. Make a decision - When big opportunities knock the door make decisions fast.  trust your gut. Examples are Elon musk shill dogecoin first time. Facebook change the name to Meta. You have to make a decision when is happening the same day.
Like when you have the opportunity to go out with a girl you like. Make a decision now. All these  waiting and thinking is  killing you.  Think fast.



listen to you

The only ones that I have seen that are right 90% of the time are crypto mason and bearable bull. Youtubers are paid to create content, so don't be surprised when they shill you something. Instead, invest in projects with real world utility with developers and a business usecase, like ICP, HBAR and 0xMR.

[jrrsparkles]

Youtubers are not from future, they are just doing it for the views from that only their income is based so all they will tell is lucrative then only people will be interested on their contents so they will get more engagement. The real lesson is make your own decision, you are not supposed to buy dogecoin because Elon saying that it will be the future.

[masterrex]

It is true and I agree, Anyway I dont listen to or even believe in those so-called Youtubers that shilling any coins, or any projects, but sometimes I do listen to some influential and successful people like Elon Musk, but it's just limited on some important matters other than that Im relying upon my self especially when it comes of buying crypto so that if something bad happens no one else to blame but only me.    

[Xal0lex]

1, Never  listen to YouTubers they are bums .

People for some reason think that someone in this world will help them make money. All these bloggers just live off advertising and referrals, you are just a way for them to make money. There is a rule in the crypto world, DYOR. You can never trust anyone, you always need to check everything. The projects promoted by bloggers, or part of their advertising, or part of their investment, which they want to sell at a profit by buying these coins, increase the demand and raise the price.

No one will ever help you make money, you are the money for them.

[gantez]

YouTubers are there to make money remember so they pump coins that they hodl in large quantity to gain more profit from you because you buy the coins and it will increase in value to give new profit margin to them. If you listening to bloggers or YouTubers you are for great mistake. Do for yourself what is the best for you.

[D ltr]

I never listen to what youtube says about crypto because for me youtubers only help increase popularity, they don't enter and jump into the crypto world, few youtubers hold the coins they offer, even if there is one they get it for free from the results of their endorsement on the coin

[lombok]

listen to you

I really appreciate and agree with your opinion on this one.

In trading or investing, the most important thing is to believe in what you believe after doing in-depth research.

Put what you can and have, skills, time and all forms of analysis. After that convince yourself and believe in what you have got then invest with what you have found.

In my experience, many opportunities are wasted because of not believing in my own abilities, and I am regret.

[blockman]

The no.2 is correct.
In times like this, bitcoin remains to be the king. Just look at those altcoins that have been showing zero numbers and almost have no value at all when their devs got rekt.
There's no way to recover on those people that have lost huge money on it and they've put their life savings on it. Too bad that they've trusted the wrong project but if it is bitcoin, they've got to be chilling right now.

[bitbollo]

you forget the 1st lesson. there is only one coin and this is bitcoin! Btc is the king!
Others are just temporary crypto that maybe can have a "value" in a short time frame, but are not safe for long term holding!
Even ETH... make your research and try to understand "why is not really decentralized" and all risks related to this fact (this coin has been already forked by DEV)... not a good sign into this field!

generally speaking most of youtubers are just paid for promoting a certain coin. you don't need to trust them but make always your research!
another important lesson is always DON'T TRUST, VERIFY!

[Widdop37]

Not all of them, I side MMCrypto and joe perrys, also I want to correct you that no one can always be correct at every crypto predictions, its just that some YouTubers went to far, MMCrypto for example takes no side, he will tell you maybe or not, he will talk about any dangers ahead.

[cdog]

I never listen to what youtube says about crypto because for me youtubers only help increase popularity, they don't enter and jump into the crypto world, few youtubers hold the coins they offer, even if there is one they get it for free from the results of their endorsement on the coin

Many youtubers seem to position themselves as experienced traders to discuss certain coins that have a payout agreement from the project, so it is difficult to find youtubers who provide support to viewers based on potential analysis without being associated with a particular project, most of the youtubers just increase the popularity of new coins.

[Doell]

That youtubers are paid to raise any tokens for viewers to see and invest, indeed the price goes up a little but it doesn't last long, nothing is free for them is true. The industry is like facebook and twitter in general, it's just that too many viewers trust them because of the comments that are on their channel, that is they are also a team working in one space. You may not believe it but a YouTuber has a team and they make a lot of accounts on youtube to justify the boss's words, always researching your investment yourself is a wise choice.

[Cee2]

I can't speak for the other youtubers but the Coin Bureau team is reasonably objective. Of course everyone will have their own biases just like me and you. He literally has a concerns/risks section for every review he does.

[Metroid]

Nothing wrong in listening to what they say, it becomes an issue when you are influenced by them and make your calls based on them, the more you listen to people the better is but never make them as any indicator of anything, make your decisions yourself, also never blame anybody for your decisions being good or bad.

[ScamViruS]

1, Never  listen to YouTubers they are bums .
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.

All YouTubers are in business, they want to make videos with something trending so that they can earn more from advertising. Why do you think someone will give you something that will make you money without any hassle? Basically if someone suggests something to you then it is your responsibility to do detailed research about it. Because most of the targets they set are baseless and unrealistic. So learn from past mistakes. And try to do better in the future.