Honest question, what to think about “crypto” affiliates or influencers?

[Bananington]

Just wondering for the sake of it, if crypto trading was so profitable for so many influencers and YouTubers, why would they care so much about affiliate money…? Why take the trouble of creating, editing and uploading so many videos? Does this mean that if you see any YouTuber or crypto “celebrity” pumping a product or trying to make a buck out of content, that you should run away from them? ‘Cos why take so much trouble if you are already making money with your trading? Of course not everyone is a trader, but…

Some  may actually be making money from other activities like even trading, but have just decided to add the money they can get from becoming affiliates and influencers to what they are already making. Long time influencers and people who are good with online marketing do not see it as so much of a difficult task to create, edit and upload videos. To these people, this is just a regular activity that they have taken time to master hence the ease with which they can do it.

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[carlfebz2]

Affiliates and YouTubing is totally fine! Yes, you might be making money trading, but do you know what's better? Making money by trading AND making money through affiliates and YouTube revenue. As long as you do affiliate marketing and YouTubing in a moral and ethical manner.

As for pump and dumpers and people doing fake TA, fuck them.

The more the merrier, right! This is what we do really have in mind on which if people do able to earn from their trades then why not really be making out some videos and trying out to show up to people about your trades which it could really be generating even more income for you or simply affiliating on which we know that it isnt really that always that those people are the bad guys or simply just that pretending.
Trading results cant really be that faked out and if people would be seeing that you are making some good trade positions or simply just been that profitable then it would really be that an additional income for you.

If you do find these influencers to be that fooling people then you do always have the will whether you should be staying or avoiding them or you would be simply be seeing on what they are showing.
It all matters to you and you do have that self will and control on whatever actions that you would really be tending to do so. It is really just that a matter of choice on which you do seem
which is right for you or not.

[ZAINmalik75]

If you have one source of income, you will avoid to join other? crypto trading and affiliate money are different thing and both has own benefits. Trading is profitable but you know that no one know which side market will goes. Trading will not gives you guaranteed profit and no Youtubers claimed that so far. Most of the new projects are just advertising but if we see the basic learning then I think it's not bad to learn from these influencers.
Youtube videos earning is without risk while trading you can loss also. I agree that many new influencers are creating video on trading course just for affiliate but there are still big Youtubers we can trust on them. Their videos consist so many valuable knowledge about cryoto market news and about some specific tokens. If i see youtubers pumping a product, I will do my own research because I have brain, No Youtubers force me to buy, I will choose my self either the coin influencers pumping has potential to give me profit or just advertising.

You are right, people of the current generation have become entrepreneurs and have rich mind sets. They know that one can not survive only on one job, and that's why they are trading. But as you mentioned trading can not only benefit you. Because of its high volatility factor. But there is another factor that, the money is not continuous from trading. Traders have fallen to a lot of manipulations and lost a lot of money too. And there is no bad in starting another business while you have the free time.

Those who have an optimistic mindset, they always want to be a part of something, that could earn them free money. And we all know that trading is not full-time work, but of course for those who are new. New people have to spend way more time making analyses while the experts and the ones having access to resources do have not to spend that much time. So, they left with some spare time. And in that spare time, many try to open a channel where they can sell their signals, while others start their own YouTube channel before opening any VIP channel. Because YT is the only way from where they could earn more money and exposure to the audience too.

[terrific]

Just wondering for the sake of it, if crypto trading was so profitable for so many influencers and YouTubers, why would they care so much about affiliate money…? Why take the trouble of creating, editing and uploading so many videos? Does this mean that if you see any YouTuber or crypto “celebrity” pumping a product or trying to make a buck out of content, that you should run away from them? ‘Cos why take so much trouble if you are already making money with your trading? Of course not everyone is a trader, but…

It's because that's it, you're correct with what you're thinking that they're all into commissions and that's why they just create contents for the sake of affiliate commission.
They'll just say that they're extracting every potential source of income but don't believe them, if they are a profitable trader, they don't have to do that.
But that's it, they are content creators and every source of income as they say will be taken into account but they're not really good traders at all. Maybe some but the majority of them are just hiding in the curtains of being a real trader but no doubt, they're good marketers.

[Distinctin]

Well, some are here not to take advantage of the people but to really help those people who might have the potentials to be successful in trading. However, I guess majority are still trying to convince people and invest on their trading signals or whatsoever and assuring them that they will be highly profitable in the future. That is pure scamming, telling people some lies and these innocent people are still expecting to be in profits regardless if they don’t have the knowledge and skills to trade successfully.

[Rengga Jati]

Just wondering for the sake of it, if crypto trading was so profitable for so many influencers and YouTubers, why would they care so much about affiliate money…? Why take the trouble of creating, editing and uploading so many videos? Does this mean that if you see any YouTuber or crypto “celebrity” pumping a product or trying to make a buck out of content, that you should run away from them? ‘Cos why take so much trouble if you are already making money with your trading? Of course not everyone is a trader, but…

To be honest, crypto affiliates and influencers can be a part that plays a role in the development of the crypto world. This will make crypto increasingly famous in the world. however, once again. Also known as affiliates and influencers. They will usually only care about what they are promoting because they are making money from it.

So, don't trust them 100%. Moreover, they will usually only give very good reviews for the projects they promote, so that more people will join the project. Currently there are probably a lot of crypto influencers in all parts of the world. However, all or most of them may be the same, namely that they mostly only care about their pay, without caring about what they are promoting and they usually won't think long about the effect on investors who are attracted by their promotions. Although maybe not all affiliates are like that, perhaps most are.

[joniboini]

However, all or most of them may be the same, namely that they mostly only care about their pay, without caring about what they are promoting and they usually won't think long about the effect on investors who are attracted by their promotions.

One of the things that surprised me the most is how long it takes for someone like Bitboy to get sued or get his karma after promoting so many scams in the past. I don't know if people are just that gullible, or if the cost to make them responsible is too great. I guess reputation is the last thing that matters to them, especially if they can make millions and pay a fraction of it to defend their case in court.

[xSkylarx]

Another way they earn money meaning they are just profiting small in trading and they need another form of income either on their videos or from sponsors. Just imagine you trade but you are earning more by making videos so what will you do? For sure do videos and the content is about trading even if you are just winning a couple of trades just to make content.
 
There is nothing wrong with those kinds of influencers as long as they don't give financial advice or create scam investments. This is really normal right now with all of us wanting to be YouTube stars.

[GreatArkansas]

Affiliates and YouTubing is totally fine! Yes, you might be making money trading, but do you know what's better? Making money by trading AND making money through affiliates and YouTube revenue. As long as you do affiliate marketing and YouTubing in a moral and ethical manner.

As for pump and dumpers and people doing fake TA, fuck them.

True! Most problems I encounter are the way they shill some altcoins, it's because they are being paid by these random shitcoins just to shill it from their social media, youtube channels, etc.
And some worst influencers are not disclosing if the one that they are talking is sponsored or paid. Some are also telling that it's their own pick.

[famososMuertos]

Indeed there are scammers, but it is not the average, they make money with their followers or referrals, it is that simple, in fact, perhaps I do not follow any Influencers in the commercial environment but the second most successful in the history of poker has a channel of Youtube and its earnings exceed $40,000,000 ( poker) and the same question fits, an easy answer, money, there are interesting additional earnings. In fact, what is incredible is seeing it offer bonuses for subscribing to a certain platform.

In any case, it is a question that surely comes into question for you, because extra money for you does not count if you have a good income, anyway, another social question that does not concern directly into the bitcoin discussion itself.( board)

[Ahli38]

Just wondering for the sake of it, if crypto trading was so profitable for so many influencers and YouTubers, why would they care so much about affiliate money…? Why take the trouble of creating, editing and uploading so many videos? Does this mean that if you see any YouTuber or crypto “celebrity” pumping a product or trying to make a buck out of content, that you should run away from them? ‘Cos why take so much trouble if you are already making money with your trading? Of course not everyone is a trader, but…

In reality, not all influencers are truly reliable traders. That's why they sometimes seem to be much more serious about making profits from YouTube and the like. But that doesn't mean they are fraudsters. It's just that we shouldn't completely trust them. And another reality is that sometimes many reliable traders actually started out as content creators. So they combine the two. And I think it's quite a good thing to have 2 sources of income at once.

I honestly can't remember the last time I saw a video made by a crypto influencer. I used to watch them but that was a long time ago. The reality is that when we are truly a crypto trader then we are always much busier focused on our trading. And we are also busy looking for fundamental information that is useful for our trading.

But it is possible that the influencers who create video content on YouTube are also professional traders. It's just that when they get a lot of viewers or followers, I also know that income from YouTube is actually higher. And the process of making videos actually doesn't make us too stressed. And will not be afraid of experiencing losses. That's why there may be many traders who actually change professions to become affiliates or YouTubers. Because they know that even though trading in crypto is also profitable, there are also big risks that they have to face. And when they have found a better way to make money with less risk, namely by creating YouTube video content by sharing their trading skills, then I think it makes a lot more sense. Maybe I should also start learning to make videos and become a content creator  

[benalexis12]

Well, there is nothing wrong with that; being an influencer on YouTube is an advantage if you have a lot of subscribers. So the crypto affiliate marketing method is only effective if you have a large number of followers. But for unknown influencers who have few subscribers, I don't think that will be an effective method. Then one more thing: my attention to other influencers on YouTube is that most of them just pretend to be trading experts, but what they say is just basic and sometimes even wrong about their other analysis trading tools.

[justdimin]

Being a crypto affiliate or an influencer is not actually bad, it gets only bad when you want to influence your audience with wrong information so you can achieve your own goal. However, not all crypto influencers are desperate enough to feed people with lies so that they can convince them to believe in them. Some are doing their best to show to the people the reality about trading and let them understand about it.

Personally, I think the reason why traders still trying hard to be successful on YouTubing or crypto affiliating it’s because they want to maximize their potentials as a successful trader. Aside from the fact that they are making decent income from YouTubing or being a crypto influencer, there’s also high chances that they can also bring some big positive changes into other people’s lives. That is, if those people follow the advices from reputable traders.

It is almost all of them, that is why it's an issue. I am not saying that all influencers are bad, but most of them promote stuff for money and they do not care if anyone from their followers lose money because of it as long as they end up making profit. Obviously they would prefer if their followers make a profit as well, there is an incentive to make your followers make a profit, that means they will follow you even more and trade even more based on what you say.

However, it is not a must and we need to reach to a point where we could end up with a good result if we are careful about it as well. I believe that we need to reach to a point where we could make some profit and make some changes. Hopefully it will be better.

[Lakai01]

So, thanks everybody for their replies and opinions! I keep learning!

If you are actually concerned with the learning factor about cryptos I can highly recommend @Coinbureau. I've been following him since his early days (he has a lot of followers on YouTube now) and his videos are some of the best out there in terms of quality. His altcoin videos are also really good and he doesn't shill projects but also shows their weaknesses.

He also posts once a week a summary of important news, both in general and about certain coins specifically. Absolutely informative and entertaining.

This is the link to his Youtube-channel: https://www.youtube.com/@CoinBureau

[Nrcewker]

Just wondering for the sake of it, if crypto trading was so profitable for so many influencers and YouTubers, why would they care so much about affiliate money…? Why take the trouble of creating, editing and uploading so many videos? Does this mean that if you see any YouTuber or crypto “celebrity” pumping a product or trying to make a buck out of content, that you should run away from them? ‘Cos why take so much trouble if you are already making money with your trading? Of course not everyone is a trader, but…

It’s just another source of income I would say. More the Merrier, if they are able to make decent amount of money through affiliates, then it will motivate them to create, edit and upload more videos. There’s nothing wrong with it, as long as they are not promoting illegal things. If you ask me then, I don’t really click at the affiliate links of these influencers. This is because I don’t want to make money from my wagering amounts. I mean they are already making so much money, so here I become cruel.

[teosanru]

Just wondering for the sake of it, if crypto trading was so profitable for so many influencers and YouTubers, why would they care so much about affiliate money…? Why take the trouble of creating, editing and uploading so many videos? Does this mean that if you see any YouTuber or crypto “celebrity” pumping a product or trying to make a buck out of content, that you should run away from them? ‘Cos why take so much trouble if you are already making money with your trading? Of course not everyone is a trader, but…

Crypto trading is profitable for a very few. But the people who sell their courses and youtube and etc. It's rarely profitable for them infact most of them end in losses in trading and make most of the money by giving Ted talks to non-traders. This is why I clearly say never to trade immediately after listening to these YouTube Gurus go through the complete process yourself first and only then do any actions.

[Hamphser]

Just wondering for the sake of it, if crypto trading was so profitable for so many influencers and YouTubers, why would they care so much about affiliate money…? Why take the trouble of creating, editing and uploading so many videos? Does this mean that if you see any YouTuber or crypto “celebrity” pumping a product or trying to make a buck out of content, that you should run away from them? ‘Cos why take so much trouble if you are already making money with your trading? Of course not everyone is a trader, but…

It’s just another source of income I would say. More the Merrier, if they are able to make decent amount of money through affiliates, then it will motivate them to create, edit and upload more videos. There’s nothing wrong with it, as long as they are not promoting illegal things. If you ask me then, I don’t really click at the affiliate links of these influencers. This is because I don’t want to make money from my wagering amounts. I mean they are already making so much money, so here I become cruel.

Yes, the more the merrier and this is where most people be thinking about having extra income if they are really that good at something since they are influencers on which it would really be just that normal that they

would really be taking advantage on having tons of followers which they would really be utilizing those things for them to make more money via having those kind of streams and affiliating with some companies to make them register or join under his link and showing some trading which it might be able to hook up people to follow. Its a win-win situation because we know that they could really be able to get paid for such marketing and at the same time they do able to earn with their good trades. I cant really blame out people on why they would really be raising up with those kind of questions on which it would really be just that so common that people will really be finding ways and methods on which they could be able to get some multiple source as much as possible.

[Dr.Bitcoin_Strange]

Sometimes, affiliate marketers or individuals that create content on social media or YouTube are not really creating that content because they want to help you, but because they are more interested in monetizing their page or channels. Although not all affiliate marketers pass wrong information for their selfish interests, what you must also understand is that affiliate marketers are paid for whatever they are promoting, and they will definitely advertise what the company asks them to tell the public. It's now left for you to be wise and do your due diligence research about the content before making a decision to join. Those traders that make some video tutorials on how to make $100 profit every day from trading, only a few of those videos are real, but there are a lot of them that are just for selfish purposes, because even if you decide to try any strategy you learn from them, it's never going to be as profitable as what you were shown on the video. So you don't have to rely on everything you see on YouTube or on the internet.

[palle11]

Cos why take so much trouble if you are already making money with your trading? Of course not everyone is a trader, but…

They may only be doing that as profession and getting people to be interested. They are influential people who already may not necessarily be traders but are interested in getting some profit and royalties from trading. It is also like in soccer bet that someone invite other people in groups like telegram to sell prediction for them. The same question is also asked why they can not use that knowledge they have to bet and win big all to themselves but because they are not guaranteed about such winning, they sell them to others. That is same as what happens with trading call groups.

[blockman]

They're all fake, showing off on social media that they really are influential and have become millionaires. But you know what? If they are rich enough then there's no shadow selling on their contents but if you look at them, you see the obvious right? They've got target people and those are those that are easy to believe to a thing they say. That's the mistake that many do because they think that these influencers are always right. Some of them may even feed you with a scam project and many think that they're genius for telling that. Sorry but not sorry, that's really happening for many influencers out there that don't even make a research for what they are being paid for to advertise or be their ambassador.