You are also like them?

[tjtonmoy]

Either if you like it or not, that doesn't have any effect on people who are making those videos. That's how they are making money and they will do anything to keep that happening. But it is up to you or us to whether trust them or not. As of trading goes, you should never follow others or copy other's work. If you don't do it on your own, then there's no point.

Those squiggly or scribbling lines could be true. Maybe they are good at what they are doing. But why should you follow them? Technical analysis is a process to somewhat predict the future of the market. But it is never 100% accurate and never will be. You can guess it to an extent and that is how people trade. As long as you don't follow those videos or those people then you are good. But if you are foolish enough to trust those videos, then that's a "you"problem.

[suzanne5223]

Predicting the future with triangles and rectangles on a chart?

It is understandable why it's skeptical to you but the reason for the market prediction is because the market always replicates some previous price momentum though the end result is now guaranteed since we're dealing with a volatile market and that is why people say no one can get 100% result on the market analysis.

[DVlog]

Either if you like it or not, that doesn't have any effect on people who are making those videos. That's how they are making money and they will do anything to keep that happening. But it is up to you or us to whether trust them or not. As of trading goes, you should never follow others or copy other's work. If you don't do it on your own, then there's no point.

Those squiggly or scribbling lines could be true. Maybe they are good at what they are doing. But why should you follow them? Technical analysis is a process to somewhat predict the future of the market. But it is never 100% accurate and never will be. You can guess it to an extent and that is how people trade. As long as you don't follow those videos or those people then you are good. But if you are foolish enough to trust those videos, then that's a "you"problem.

It doesn't matter if you are copying others strategies or not. What is most important is to make profits. Technical analysis can complicate things. If someone opens a higher timeframe for the bitcoin pair he will clearly see where the price can go next. Some YouTubers use that kind of analysis to show how knowledgeable they are so that they can attract more followers to their channel. Those complicated analyses have nothing to do with actual trading.

[milewilda]

Either if you like it or not, that doesn't have any effect on people who are making those videos. That's how they are making money and they will do anything to keep that happening. But it is up to you or us to whether trust them or not. As of trading goes, you should never follow others or copy other's work. If you don't do it on your own, then there's no point.

Those squiggly or scribbling lines could be true. Maybe they are good at what they are doing. But why should you follow them? Technical analysis is a process to somewhat predict the future of the market. But it is never 100% accurate and never will be. You can guess it to an extent and that is how people trade. As long as you don't follow those videos or those people then you are good. But if you are foolish enough to trust those videos, then that's a "you"problem.

True, they wont really be showing some care or concern on what their viewers would be telling because on every views and bashes or whatever discussions then it would really be that adding up that kind of exposure on which we know that this is something that they do really prefer into. We do really know that there would really be those noobs who would really be that blindly be following on what these influencers would really be doing or saying and it do looks out that they are really that professional or something that do talks on things which turns out to be that legit looking and people do blindly that follow basing up on what they are really that seeing.
Sooner or later you would really be just simply looking into yourself and laugh on the time that you do realize that those fellas are just simply making out those random speculative approach towards the market
and only to those who do watches are the ones who would really be blindly be following them. Dont make yourself that easily get hooked up into those people who do claim out to be good traders or
profitable ones.

[gunhell16]

Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!

What else do you expect from youtubers who make content about crypto trading? Almost all of them are just for views, so the majority are just fake expert traders. Even if they look funny or lame, that's fine with them because they only aim for views.

But there are also a few that, if you pay attention, make sense to give a tutorial about trading. Because the views that can bring profit to them are already given, YouTube is really a business, but we must be wise about the contents we watch.

That's why it's different that you have your own study about it so that you can somehow identify if what they say about the tools used in trading is true or not.

[blockman]

They will show you some lines and charts and that's trying to convince their viewers that they're legends in trading. And with some chit-chat and additional topics that they'll add to that description of chart, you'll think that they're not losing any money as they trade. The difference from them and us is they're video makers, content creators that documents everything that they do. But that doesn't mean they're better than us, no because they're just the same as us thriving into this market and the news that they report are also the same as what we can read from the articles and publishing media that has their own websites and pages. And so if you're one of those people that believes every single thing they say, you're too gullible. Because you shouldn't be like that and you need to verify if they're telling the truth and don't just absorb it.

[Sebas.tian]

Not everything on social media are real, and if you what to know if what you are watching on YouTube are real try to go on personal research on that particular projects the person is trying to showcase to convince people, then you will know that not everything you saw on social media are real. The difference between we and them is that we are real in anything we are doing in this Bitcointalk forum, and we always bring out the reality of cryptocurrency to impact others people to remain positive with cryptocurrency. We still believe that Bitcoin was created to eliminate delay in transaction and reduce unemployment in the world which we can see it manifesting all over the world today.

[Strongkored]

Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!

In fact, it's not only in Bitcoin trading content that you will find rubbish content but a lot of content about other things including altcoin price predictions which in fact they are just promoting these altcoins that do not have any potential in the future.
That's why you have to be careful when trying to learn trading or when looking for future Bitcoin price references because you will find quite a lot of inaccurate information that can lead you to mistakes in making trading decisions. Only follow trusted channels that never offer paid signals at the end of the content.

[BitcoinTurk]

Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!

To make a general comment for most of them, unfortunately, many social media populars and Youtuber analysts unfortunately share nonsense analyses. It is truly a tragicomic situation for them to think that correct analysis has been made by drawing a few lines and touting that they make money in this way. But there is also a fact that we shouldn't take credit for some of the good apples in a crate of bad apples. Some analysts make truly successful analyses, provide information and guide people in the right way.

In today's conditions, where everyone is an expert in a field that they don't understand or know, unfortunately, people who claim to be economists by drawing a few lines, especially on platforms such as social media and YouTube, have emerged. We should never take into account the analyzes of such people and only take into account those who truly comment as economists and analyze in detail.

[Mpamaegbu]

Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!

I had a good laugh reading through your comment... The snake oil got me the most 😂.

Anyway, joking apart; I think what those lines do on the charts is to present a type of navigation through the charty waters of trading as technical analyses. What we shouldn't do when we see those YouTubers talk is to conclude that they've the holy grail. No one holds the holy grail in this market. We all are speculators. Speculators can't be right every time. No human is always right, even on a field they claim expertise. Till tomorrow, the famed business mogul, Warren Buffet, still loses money on investment. Analysts or speculators shouldn't be any different.

[barisbilgili]

Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day.

Just because someone has a YouTube channel does not mean that they really know what they talk about. Most actions on YouTube is for views. There are many viewers that they are able to fool that they are making good analysis and these people that are fooled end up subscribing and following their channel which is basically their major aim as YouTubers. Some Youtubers are good, but you have to be extra observant and vigilant to be able to spot and differentiate between the real, and the fake and acting.

You are right, there are some people who do this by making various kinds of analyzes that are not based on their understanding. They only study the number of views to increase their income, not to make people understand more about how to play crypto. So I think before we choose a YouTuber's channel, it would be better for us to have a basic understanding of crypto so that we don't make a mistake in choosing the channel that we will follow the analysis they make.

[TakeItEasy]

Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!

Not all of them do like this but some of them are just for their followers and they want to get some fame so they do like they have more knowledge about bitcoin or about other coins which may have recently had some hype. Most of them watch some other YouTubers and they just copy from them and make their content for which they get views. So, these things I don't think are valuable because they waste other's time, and sometimes the users buy a coin according to their signals and they are going to be at a loss which is not good.

These Youtubers should not be watched according to my thinking because there are many more articles written on different platforms about the coins, also I have seen some users who are beginners at trading and they just wanted to learn something about trading and suddenly they jump into these videos and loss their money. We should be careful in these scenarios.

[Peanutswar]

Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!

Well depends on the video you are watching, There are a lot of sources right now on the internet and one of these is YouTube you can watch how the YouTuber or the content creator creates their content how to make a trade, learn how to trade and what are the trips and tricks in making trading. Just gain knowledge, and copy their trading style if you think suitable to them but availing of their exclusive contents like learning is on your choice not as always its ideal to follow because sometimes it's part of their market manipulations. You can learn more with the experience and try to analyze every mistake you made this helps you to become more efficient trader.

[Doan9269]

But no, institutions see it as an all-you-can-eat buffet, spiking prices just to clean you out, and then conveniently start taking profits.

All this is pointing on nothing than you saying the Institutional investors are being responsible for manipulatio the market, holding the market down in their own favour to feast on the individual small scale investors, but we have to consider that these institutions are not the major target for why bitcoin was being created, the people are the target, institutions also take risk and make losses, they cannot exist alone in this, you can consider their numbers to the rate individuals were being involved in bitcoin trading and see how few they are.

[tjtonmoy]

It doesn't matter if you are copying others strategies or not. What is most important is to make profits. Technical analysis can complicate things. If someone opens a higher timeframe for the bitcoin pair he will clearly see where the price can go next. Some YouTubers use that kind of analysis to show how knowledgeable they are so that they can attract more followers to their channel. Those complicated analyses have nothing to do with actual trading.

If you were learning how to trade then you should never focus on making profit. And how did you conclude that copying other's strategies doesn't matter? It does matter when it comes to trading. It not only destroys your emotional control but also makes you dependent on those people.
Let's say you have learned some skills about trading and you are doing good with your TA. But if you follow those who are making those videos and copy them, you won't make decision logically but instead you will depend on them and make decisions emotionally. That's how people fail in trading. Influence is a thing and it happens to people. They get influenced by people whom they follow.

You have done all your analysis and you are sure that the market will act the same way. But if you follow a so-called pro trader on YouTube, you will get wind up in a thought that they are right and you are making a wrong decision. And those YouTubers are really clever. They never say that it's 100% sure instead they say it could happen or it could go The other way.

Also I am not sure what you are talking about not following any analysis and doing trade. Then how do you trade? Care to explain?

[Issa56]

Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!

What do you anticipate from those who are only interested in gaining subscriptions and viewers? They all pose as professionals, but their only goal is to trick others. YouTube isn't exactly the best place to study, in my opinion, because everyone there is simply trying to make money and you can never tell who is real and who is fake. YouTube is a good resource for learning the fundamentals of trading, such as how to place orders and buy and sell, but it's not the best place to study technical analysis because you wont be learning anything. You may start a topic about it on this forum, and I'm sure you'll see people that will be able to teach you.

Not all of them do like this but some of them are just for their followers and they want to get some fame

Yes, you are right, not all of them do that, but the majority of them do, and you will find it very difficult to find the ones that are real. Just as you said, some of them do copy other people's content, they are just on YouTube to make money, but you will think they are trying to teach, some of them don't know anything about technical analysis, if you decide to follow their post, they are already misleading you.

[carlisle1]

Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!

Well depends on the video you are watching, There are a lot of sources right now on the internet and one of these is YouTube you can watch how the YouTuber or the content creator creates their content how to make a trade, learn how to trade and what are the trips and tricks in making trading. Just gain knowledge, and copy their trading style if you think suitable to them but availing of their exclusive contents like learning is on your choice not as always its ideal to follow because sometimes it's part of their market manipulations. You can learn more with the experience and try to analyze every mistake you made this helps you to become more efficient trader.

You can learn from them as time goes by and you already step your foot inside the trading business. The more knowledge you have, the more chances
that you will learn different combinations of patterns.

It's your edge being well-equip when placing your position. It's tough to anticipate and like what you have said, there are many tutorial resources that
you can read and watch online to gain deeper understanding if how this business works and how you may take advantages of those.

Take time to learn even you think that the videos are more with content that the creator wanted to gain viewers. There's still something
that you can take and learn from it.

[taufik123]

You can learn from them as time goes by and you already step your foot inside the trading business. The more knowledge you have, the more chances
that you will learn different combinations of patterns.
-snip-

Learning different combinations of patterns will become new knowledge.
There are all kinds of tutorials on trading, on how trading strategies are made as well as some combinations of indicators to analyze the market.

I am interested in YouTube channels that discuss thoroughly how they trade, not just giving a number to enter,
but they provide new knowledge, new strategies, and the use of indicators that can make it easier to predict trades.

When some people say watching a technical analysis show is like watching a comedy show, maybe they chose the wrong channel.
It's important to do your research before watching, and know who made the tutorial. Don't watch clowns making comedy analysis.

[ancafe]

Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!

There's no harm in just learning and can look at various channels to increase our insight into trading through technical analysis. But there are times when we have to make our own analysis before deciding to use someone else's analysis. It is not easy to learn technical things if it is not combined with direct trading experiments. In the past, I used to follow other people's technical analysis and I also practiced directly trading with small amounts first. But because I don't have special skills in the field of trading, I decided to make long-term investments.

Currently I only do short term trades occasionally and only trade when I am in a good mood. I am not the type of person who easily believes in other people's technical analysis and if you feel their technical analysis is incompetent then don't follow it. Therefore you must have an understanding of your own technical analysis, because a comparison between one technical analysis and another will be a comparison before deciding which one to study.

[xzy887]

Are you talking about those YouTubers who share various technical videos on YouTube and market to buy their courses?
I have also seen many of these people, they keep many types of charts for trading in their books and find out the charts by understanding the market conditions. And foreseeing what will happen next, then most of them invest with certainty and show that they have made a lot of profit.Everyone likes to see it and everyone gets interested in their course. But I don't know how true it is. If it is really true then I think it will be very beneficial for newbies.