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Author Topic: For them it's always about the money  (Read 292 times)
Stalker22
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December 14, 2022, 08:46:28 PM
 #21

OP, I am assuming that you are interested in Youtubers because you want to enter the crypto industry, and seek out advice from real professionals. However, there are a lot of people on YouTube who are not really professionals, either. They are just people with a camera and an interest in gadgets, and they will say whatever will put you in a buying mood. I have said this before: it is very easy to get caught up in the hype. I have been there myself, and it is not fun. The crypto market is full of people who are just trying to make a quick buck off of your enthusiasm. They will tell you that they have special knowledge that nobody else has, and they will claim to be able to predict price movements with great accuracy. Do not listen to some guy on YouTube who says he made thousands of dollars in a day because he bought an obscure altcoin that nobody else knew about. He is lying, obviously. If you want to make money in the crypto space, then you need to do your research and be sure that what you are buying is actually a good deal. If it sounds too good to be true, it probably is.

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December 14, 2022, 10:32:22 PM
 #22

This is the effect of infleuncers who have many followers and subscribers. Many projects also promote their projects by hiring big and well-known YouTubers so that it will be easier for them to attract investors for their projects. Indeed, maybe this will cost more but the results will be as expected.

But unfortunately sometimes the effects of famous infleuncers don't last long. So far, there have been many projects that have received high hype and increased very significantly, then suddenly drop quickly after the hype is destroyed. Actually, we can take advantage of this condition by considering the right time to buy and when to sell it. Because if we sell it too late, what will happen is that we may not meet that high price again. Because the hype is over.

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December 14, 2022, 10:50:46 PM
 #23

OP, I am assuming that you are interested in Youtubers because you want to enter the crypto industry, and seek out advice from real professionals. However, there are a lot of people on YouTube who are not really professionals, either. They are just people with a camera and an interest in gadgets, and they will say whatever will put you in a buying mood. I have said this before: it is very easy to get caught up in the hype. I have been there myself, and it is not fun. The crypto market is full of people who are just trying to make a quick buck off of your enthusiasm. They will tell you that they have special knowledge that nobody else has, and they will claim to be able to predict price movements with great accuracy. Do not listen to some guy on YouTube who says he made thousands of dollars in a day because he bought an obscure altcoin that nobody else knew about. He is lying, obviously. If you want to make money in the crypto space, then you need to do your research and be sure that what you are buying is actually a good deal. If it sounds too good to be true, it probably is.

Almost all the YouTubers are obviously all for money. As long as they are paid on their projects promotion, they will do everything to make it work even if it means luring the people around by encouraging them to invest even if those projects that are being promoted are obviously have no huge potentials to survive in a volatile market. That is why we need not to focus mostly on our greed for money, we should also make a thorough research first before investing. And for us not to fall for scam projects, let’s stick to bitcoin. It’s the safest cryptocurrency I know that will eventually give us sustainable profits in the end.

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December 15, 2022, 04:38:58 AM
 #24

Yes you was right, there is actually a bunch of influencers that have been paid for shilling some coin or token that you just heard about it in their influence youtube or twitter or maybe tiktok.

They paid to do so and as the shiller they made a good profit from it
1. From social media platform
2. from the project
3. from trade as they will know that the coin will be pump they buy and sell after huge pump happened

so please always DoYourOwnResearch before investing in any instrument, especially new crypto since this industry unregulated and the person who own the     project is anonymous sometimes

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Plaguedeath
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December 15, 2022, 04:43:17 AM
 #25

So you're blame them when their stupid speculation doesn't come true? it's your own risk why you're rely on them for your investment decision.

You're not the one who want to make money, they also want to make money too. Since creating video and give a stupid speculation is easier than become a very knowledge people that will take time to improve their trading skills, they're choose to create video. Also if they're already success become a professional trader, why should they need to share it to everyone for free?

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December 15, 2022, 07:10:20 AM
 #26

People make great fortune youtubing and making meaningful contents online. Most times, this crypto YouTube influencers only make a suggestion and assumption and it's always left for you to decide to follow them or back off.
Most times, when I see people rushing to buy shit coins no matter how promising it could seem, I'm not moved because I always know the end from the beginning and it takes special grace to see this altcoins thrive to the end.
Remember that this influencers also state that what they say isn't a financial advice and at such going with their advice and suggestions is at your own risk.

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December 15, 2022, 05:48:52 PM
 #27

that is Influenzer's job, leveraging their followers to make lots of money for what they have to say. Buying coins that weren't noticed at first and then making some reviews and recommendations for diblei, and in the end those YouTube influencers will benefit. this is the hype that was created on purpose.
and many of them are also paid by project owners to promote their followers, and they will be paid by the developer.
so don't trust YouTubers too much who only discuss about pumping a few coins, make sure to do your research first, that's very important.
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December 15, 2022, 06:15:01 PM
 #28

No single Youtuber can be trusted, even if they claim that projects aren't paying them to talk about them trust me they have other ways to get fat taking advantage of you.

Anyone with a large social media following, whether on Instagram, Twitter, Facebook, or YouTube, is almost always part of a group or a clique. I see a lot of them hyping projects, and I immediately know that they are doing it for monetary gain. How do I know? They usually, go on ranting about how this project is this or how this project is that without stating any real facts. Then they added a sense of urgency to make it appear as if you were missing out. I am terrified of those who use a referral link to sign up.

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December 15, 2022, 06:55:52 PM
 #29

This is something I don't normally do but I thought a few Youtubers are different judging from the quality of the project they talk about but since the beginning of this bear market i've noticed that three Youtubers that I have respect for are talking about the same projects and guess what happens in minutes ...

The projects start increasing in value and after a day or 12 hours time the projects value start decreasing, ive monitored them so much that this claim is so damn accurate and now it happens every damn time..

I'm starting to think, are buyers just getting them YouTubers rich in minutes to few hours time?

Are they all Co-op in all this or its a coincidence? This is far too curate because it's now 5 different projects that they pump.

I don't want to jump into conclusion here, are people buying because they are talling about the projects or these Youtubers are running a pump and dump schemes with some other people?

No single Youtuber can be trusted, even if they claim that projects aren't paying them to talk about them trust me they have other ways to get fat taking advantage of you.

I've I followed them anyways  Angry Angry Angry


I think it's very ironic.
Those YouTubers sometimes succeed in having a positive impact on their followers and loyal viewers.
But sometimes it actually has a negative impact on loyal followers and viewers.
Of course, we can't blame the YouTubers if it turns out that they have harmed us.

Some of them (youtuber) may only care about how to make their channel busy without caring about the quality and content of their content, right or wrong.
But there are still many YouTubers who are committed to presenting quality and accountable content.
Because they only present and disseminate information or knowledge that they know.
The rest is for us to decide how to receive and sort out the information we get.

In this increasingly sophisticated era, we must really be able to choose and sort out the information we get so that we are not harmed.
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December 15, 2022, 07:05:47 PM
 #30

There is no YouTuber or anyone with a large fan base who is not aware of what they do for the projects they discuss on their page. You’d believe me that most of them are aware of what the project entails and the likelihood of the project's success or failure. But they've been paid to say what they say, so I don't blame them. You can find a few honest people who own a page and want to promote it with good projects. Just make sure you’re always skeptical of the bitcoin market.

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December 15, 2022, 07:28:54 PM
 #31

Don't follow YouTubers for earnings purposes, you can follow them for learning purposes like tutorials, etc. If you follow them for earnings purposes then likely you will lose everything. Any YouTubers don't make videos without payment. They ask for a large amount from the project and promote them. Also, most YouTubers manipulate views and comments. So totally useless to follow them. Not that they are helping projects or subscribers. Just don't follow them, that's the better option.

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December 15, 2022, 08:04:48 PM
 #32

What did you expect from them? To simply talk about a project in their spare time and have fun? Buddy, these people are there to make money, and you can't expect them to turn down an offer because they believe the project will fail or will defraud people. I'm not saying all YouTubers do this, but you should know what advice to take from a platform page like these that seeks to educate and advertise projects for people in exchange for payment. It is their source of income, and they will go to any length to make ends meet. To know the right steps to take in the cryptocurrency market, you must be open-minded.

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December 15, 2022, 08:10:00 PM
 #33

~
Can relate to this aside from what I previously mentioned in here. Youtubers like Crypto Jack (not sure if the channel is still active) taught me back then when I was just day trading. I never followed any single Youtubers shilled project ever since there is a high chance that it is a paid shill just like how common sponsorships Youtubers do in order for them to have additional commission aside from what they earn from monetization.

Non techy people might need to still watch some video about the project they are planning to invest though since it is common for such projects to be "too technical" for their comprehension and they might consider backing out in their investment.
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December 15, 2022, 08:13:27 PM
 #34

Well, YouTubers are kind of like that. As you can read in previous post that building a YouTube channel is not easy. You must gain followers first and also you have to watch videos that are not music video. In other words, you need 1000 followers I think and 4000 watch hours within 12 months so the channel is now eligible for monetization. YouTubers take the advantage of earning from monetization and I am also sure that some YouTubers are paid to promote a crypto which means they will earn money from both.
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December 15, 2022, 10:56:10 PM
 #35

Don't follow YouTubers for earnings purposes, you can follow them for learning purposes like tutorials, etc. If you follow them for earnings purposes then likely you will lose everything. Any YouTubers don't make videos without payment. They ask for a large amount from the project and promote them. Also, most YouTubers manipulate views and comments. So totally useless to follow them. Not that they are helping projects or subscribers. Just don't follow them, that's the better option.

It didn't take me long to understand that you tubers, especially those with large number of subscribers are the mordern pump and dump masterminders. Every group that has a central administrator who decides what to dish out, who also filters and at some points mutilate information to their own advantage shouldn't be trusted.
They leverage on their desirous, curious and at times naive follows to enrich themselves. While getting money for norm ads views, they also work together with projects owners striking deals to execute the pump.

Most interestingly is that the YouTube influencers may ne the project owners, who create and hype projects, one after the other on a continuous bases.
This is the why sticking to king BTC is the surest way.

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