When it comes to information and prediction, we can't count on these youtubers because they're not reliable. Creating this kind of content can give them money. More viewers watching their videos means more revenue for them. Therefore if newbies are relying on youtube videos to gain knowledge about Bitcoin and crypto in general, they might believe this false information.
The reason why it's better to have our research to find a reliable source to get an accurate information and not just rely to any videos on social media platform. Verify first before believing because it's not that hard.
Now I agree, do they create content like that because they really care about us and want to share accurate knowledge about predictions? if we think like that it looks like we have been influenced by them.
They create content for nothing but money, that is their goal. Then when someone follows them or not they won't care about that, because they have already made a profit.
If we rely on them to make a prediction or something else, it is a decision that is not wise at all, it can be said that it will only waste our time.
That's such an important thing to realize for the newbies, and unfortunately not all of them do. There are still a ton of newbies who are trading based on some influencers, those people could be on youtube, on twitter, on threads, or anywhere else really, even tiktok and instagram reels.
So, you should avoid those people as much as you possibly could, that would alone make sure that you are doing right and you are on the right path, that will make sure that you are going to end up with a profit if you focus on making yourself better. Tons of people are making wrong moves and they should try to avoid doing that if they know what's good for them. If they can get better individually, they will not need anyone to make a profit.
