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Author Topic: YouTuber's hype video is not good advice  (Read 309 times)
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October 17, 2023, 02:01:08 AM
 #21

Of course, YouTube videos about Bitcoin are often seen as giving the wrong advice. I have seen most YouTubers create videos in ways that are never possible and unimaginable. Basically those videos are seen by newbies and plan to learn from them but these are completely wrong plans. But there are some YouTube channels that give good advice about Bitcoin and their predictions are very critical and accurate. I think one should follow those videos which have good discussion about bitcoin and proper discussion. Nowadays most YouTubers are scammers and advise newbies to fall into this scam and lose their money. So I think it's best not to learn about Bitcoin from such platforms. In our forum people have made various predictions and many analyzes about Bitcoin which would be the best course of action if observed and everyone there gives good advice.

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October 17, 2023, 04:25:26 AM
 #22

They all are clickbait with those thumbnails and when you try to look for some information they will promote first those crap apps and shit tokens from whom they are sponsored nothing else.They will provide very little insights on these trading matters so whosoever is following their advice should seriously look for some good resources and don't blindly follow what they have to say and personally have said lot of times they are shill promoters with their cringe looks on their faces.

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October 17, 2023, 10:04:02 AM
 #23

Out of every clickbait information always lies Some Truth do not decide that all crypto YouTubers are deceiving people some do share some very good information about crypto for example the screenshot that OP shared is about Suppoman, 100x returns are for real and there is a way to nailed them if the lied.

I am not crypto YouTubers  fans either but Suppoman have did very well in the past because he always use a spreadsheet to cover all the crypto gems himself and every coins he chooses  did very well in the last bull market and right now is also using a new spreadsheet to pick new crypto projects, you don't have to follow his lead all you have to do is to your research if you really are looking for the next possible 100x gems.

You listening to them doesn't mean you should do the same thing they are doing, do your own research and choose your next gems, I don't believe that all Youtubers don't know a thing about crypto, this Suppoman chose Gala and Matic and even HEX in 2020 and these coins all did incredibly well.

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October 17, 2023, 06:45:02 PM
 #24

It is very clearly clickbait.
For us, we should always know: YouTuber's hype video is not good advice. It is not well researched and low quality content.
The most amusing thing about all this is that most of them are verified content creators, which means that they have a pretty high subscriber count that they've got probably by creating content that doesn't make a lot of sense for those that have a little experience and make a lot of sense for those who are new in the industry, so basically, their primary target with these videos are newbies that are entering the market and are looking for news and information.

It's been so many years since I came to know about Bitcoin and cryptocurrencies, and not once I used YouTube to get information or anything about Bitcoin or any other cryptocurrency, I always use Google, only after I don't find enough information about a certain topic on this forum and from Google, I check multiple sources and then reach a conclusion.

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October 17, 2023, 07:26:48 PM
 #25

YouTube is very famous when people want to find out more information about crypto and it's always generating many clicks for YouTubers. But unfortunately, information quality is not very high for most videos because of hype and clickbait videos.

It is very important for us to know YouTuber's hype video is not good advice.


YouTubers want to create hype, not quality information

An important point for each YouTuber is to generate clicks and views and followers.
And to get clicks and views and followers, it is a strategy from many YouTubers to launch hype videos, where outrageous claims are made, such like:
- Bitcoin will crash (soon)
- Bitcoin will die (soon)
- Bitcoin will make new all-time-high (soon)
- Altcoin will overtake Bitcoin (soon)
- Altcoin will die (soon)
- …

Most YouTubers did this and they didn't know about their analysis or what they have done. They made mistakes to get some views to their trading overviews as they made on different coins. And I'm sure they are wrong in all these things, as we have heard too much spam word, so they are simply we can say spamming on YouTube, the good thing is we should never listen to them and we should make a positive way for our analysis as a person who learns from its trading scenarios is far better than listening to all these wasting of time videos.

Also, one should not engage in these conversations with anyone, but in these YouTubers, we can't say are the same. Some YouTubers are good traders too and they show live trading on their screens and make some good profit by having some interactions with their apps and they also do transactions live. So, some good traders can make good content and help the users to trade in a better way and stay away from loss.

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October 17, 2023, 08:35:06 PM
 #26

There is no problem watching youtuber's videos.  Underneath those hypes and FUDs are the current event that is happening in Bitcoin Industry.  We should not be emotional when watching those videos and be keen on verifying information given by these streamers.

We should also compare the videos we had watch, verify the reason behind those hypes and FUDs and check if they are exaggerating.  Don't let this youtubers do the analyzation for us instead we must analyze (after verification) if their information and reasons can really affect the Bitcoin market.
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October 17, 2023, 08:59:33 PM
Last edit: October 17, 2023, 09:10:58 PM by Japinat
 #27

Anybody who relies on YouTube for information should be ready to always receive fake news. Most of the people who claim to be crypto analysts are a hungry set of people seeking where to feed from. They are willing to promote any news or shitcoin for monetary gains. Most of their predictions are based on unverified speculation. There might be a few crypto YouTubers who give genuine lectures or predictions but we should always do our research before making any decision.

Don't also believe the predictions of influencers and celebrities in social media because many of them have been paid to promote projects that they know nothing about. Some of these shitcoin or crypto projects will end up becoming scam businesses making customers lose their funds. Kim Kardashian and Floyd Mayweather were recently sued for promoting a shitcoin called EthereumMax which lost almost 97% of its value in a few months after the pump.
Fake news are spread all over the social media. That's why its always a must to do deep research before you set your mind to believe on something. And youtube which is the most highly demand platform in the social media is no longer an exception. In fact, a lot of those crypto influencers who claimed that they are highly knowledgeable and skillful have maximize their posts in youtube, that's why we need to be more cautious and be more vigilant not to fall in their traps as they are not there to really guide and educate us, but they are there for financial purposes, that is to make money from us once we fall to their traps.

Although I am not telling this generally as there are still youtube posters who are genuine to their purpose which is to share valuable information to the people, but I can say that it's only rare of them who are doing that, since majority of youtubers are only promoting projects because they are paid to. That's why even those unreputable projects turn into valuable ones, because deception is high in order for them to attract an income and get satisfied with their received payments.

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October 17, 2023, 09:31:15 PM
 #28

It is very clearly clickbait.
For us, we should always know: YouTuber's hype video is not good advice. It is not well researched and low quality content.
The most amusing thing about all this is that most of them are verified content creators, which means that they have a pretty high subscriber count that they've got probably by creating content that doesn't make a lot of sense for those that have a little experience and make a lot of sense for those who are new in the industry, so basically, their primary target with these videos are newbies that are entering the market and are looking for news and information.

It's been so many years since I came to know about Bitcoin and cryptocurrencies, and not once I used YouTube to get information or anything about Bitcoin or any other cryptocurrency, I always use Google, only after I don't find enough information about a certain topic on this forum and from Google, I check multiple sources and then reach a conclusion.
Well, as long as they continue to create topics that easily attract the attention of their viewers, most particularly the innocent ones, surely their subscription rate will certainly increase. But I pity those who rely information from youtube alone because they just prove to theirselves that they are not capable to find reputable and legit sources and only think that youtube videos are the most reliable and useful ones. While this gives advantage to the video creators, because the more viewers will open their links and eventually subscribe, the higher the chances that they received bigger income, but on part of the viewers, they only get fake and unreliable posts that will only confuse their active minds.

This is probably the reason why youtube hype videos are not actually helpful at all. Only the video creators highly benefit because they are paid in every video they post, while leaving those viewers being fed with unrealistic and unreliable topics that will only get them in trouble in the future.
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October 17, 2023, 10:08:30 PM
 #29

For most of us here, this is just nothing but drama and we don't buy anything they say about bitcoins or any investment platforms they are offering rather we stay out of these guys and do our own research because by this time we are all probably capable of doing it ourselves. The problem is those newbies who still don't find this community and only rely on their social media, YouTube, and other biased sites that only promote pump and dump coins which is one of the worst investments you could ever get in your life. If only they had done their own research first, they could surely be here and engage in conversations with us regarding their concerns and surely most of us here can help them with their questions.

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October 17, 2023, 11:57:11 PM
 #30

YouTube is very famous when people want to find out more information about crypto and it's always generating many clicks for YouTubers. But unfortunately, information quality is not very high for most videos because of hype and clickbait videos.

It is very important for us to know YouTuber's hype video is not good advice.


YouTubers want to create hype, not quality information

An important point for each YouTuber is to generate clicks and views and followers.
And to get clicks and views and followers, it is a strategy from many YouTubers to launch hype videos, where outrageous claims are made, such like:
- Bitcoin will crash (soon)
- Bitcoin will die (soon)
- Bitcoin will make new all-time-high (soon)
- Altcoin will overtake Bitcoin (soon)
- Altcoin will die (soon)
- …
Ever since I got involved with anything crypto-related, I must confess this forum has been the only place on the face on the face of the planet where you can get reliable information as it ought to be, because when it comes to YouTube, YouTubers will always want to get for more views (i.e more money), than creating valuable content for the truth. Because one thing I have noticed is that YouTubers only post videos that people wants to see, e.g "How to make $10,000 in 24hrs", since they already know that by creating such video, more people will be interested to watch, and as such, he/she ends up getting more views, which is probably more pay check.

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Finestream
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October 18, 2023, 01:00:24 PM
 #31

For most of us here, this is just nothing but drama and we don't buy anything they say about bitcoins or any investment platforms they are offering rather we stay out of these guys and do our own research because by this time we are all probably capable of doing it ourselves. The problem is those newbies who still don't find this community and only rely on their social media, YouTube, and other biased sites that only promote pump and dump coins which is one of the worst investments you could ever get in your life. If only they had done their own research first, they could surely be here and engage in conversations with us regarding their concerns and surely most of us here can help them with their questions.
Well, I still believe that not all YouTubers are just here to simply make FUDs and hypes on bitcoin. Some are actually have been doing their best research so they can share the reality about bitcoin. However, only rare of them are doing that as most of the YouTubers are here to promote unreliable projects and make the people believe that it’s worthy of their trust and money, and they can eventually make bigger returns on it in due time. And knowing newbies who can be easily lured with too good to be true projects and eventually put all their money and end up regretting on their rush decisions. That’s the reason why these sort of scammers continue to exist as a form of YouTubers.

However, if we come to analyze it closely, everyone who is hyping in the social media is only up for one thing, that is to make money. So once we are starting to feel that hypes and FUDs are already present, then it should serve as a signal that they should be avoided and should never be given chances to deceive innocent people.

bananaunana (OP)
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December 23, 2023, 03:38:54 PM
 #32

Ever since I got involved with anything crypto-related, I must confess this forum has been the only place on the face on the face of the planet where you can get reliable information as it ought to be,
Forum is much better approach to get accurate information, you are very right.
In Bitcointalk it's easy for writers to go into detail by text, next someone else comes and contributes his own knowledge on top of former comments.
In general, a forum is less based on hype, it is more text and more about education. YouTube is mostly based on hype, accurate information comes second.

In Bitcointalk as well, we can find very detailed guides, explanations from many experienced developers. It's a large range of knowledge from many people.
While for such YouTubers, it is often only half.baked content, many YouTubers lack coding knowledge and when such people do a video, it might contain not very accurate information.

because when it comes to YouTube, YouTubers will always want to get for more views (i.e more money), than creating valuable content for the truth. Because one thing I have noticed is that YouTubers only post videos that people wants to see, e.g "How to make $10,000 in 24hrs", since they already know that by creating such video, more people will be interested to watch, and as such, he/she ends up getting more views, which is probably more pay check.
Yes, it is only hype in my opinion as well. Bitcointalk is suited for education, YouTube just for hype and YouTubers are milking hype.
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December 23, 2023, 04:01:13 PM
 #33

In Bitcointalk as well, we can find very detailed guides, explanations from many experienced developers. It's a large range of knowledge from many people.
While for such YouTubers, it is often only half.baked content, many YouTubers lack coding knowledge and when such people do a video, it might contain not very accurate information.

Well, from some of the responses you wrote above, I think you are now very direct. Indeed, the content they have created sometimes comes from experts and it is also possible that some of them took several parts from other channels which then combined them into one part to be uploaded to their account so as not to plagiarize, if I take it Many of the words above are half-baked  Grin Grin.

I think it would be wise to take references from several discussion results from some of our seniors here who are experts and understand this matter and even if there is a good channel to follow, just check whether it matches the data and facts of market conditions if someone, for example, wants to trade.

bananaunana (OP)
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December 23, 2023, 05:06:05 PM
 #34

Indeed, the content they have created sometimes comes from experts
But it can be difficult for any YouTuber to present a very technical topic, take information from an expert and make a video about it. It can always happen for additional information to be lost, for misleading information to get added by mistake, especially when it's not from an expert.
Explaning Blockchain technology can be very difficult sometimes.

Only a real expert who has understood all technical details will be able to ensure it is 100% accurate information.
And he can answer upcoming questions as well.
A YouTuber who's lacking knowledge won't be able to answer questions going more into detail.

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December 23, 2023, 05:44:31 PM
 #35

Indeed, the content they have created sometimes comes from experts
But it can be difficult for any YouTuber to present a very technical topic, take information from an expert and make a video about it. It can always happen for additional information to be lost, for misleading information to get added by mistake, especially when it's not from an expert.
Explaning Blockchain technology can be very difficult sometimes.

Only a real expert who has understood all technical details will be able to ensure it is 100% accurate information.
And he can answer upcoming questions as well.
A YouTuber who's lacking knowledge won't be able to answer questions going more into detail.

I think you are misguided by any newbies youtubers. Some youtubers are familiar with Blockchain all technical information and their videos aee worthy to watch. Honestly, the first lesson a learned about crypto comes from youtube and I can say that youtube is my first crypto school. I am saying that every youtuber is worth to watch but some youtubers have a very deep knowledge which is not easy to understand in just reading thread here. Here also unexperienced member could share wrong information but other members will mark mistake and Youtube have not a such option.









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December 23, 2023, 06:33:00 PM
 #36

I think you are misguided by any newbies youtubers.
I don't listen to newbie YouTubers because of all above mentioned reasons.
Content from YouTube is very low quality compared to, like content from Bitcointalk.

Some youtubers are familiar with Blockchain all technical information and their videos aee worthy to watch.
Some YouTubers have knowledge but probably 95% are very low quality and also YouTube seems to have an internal procedure, where hype videos are often suggested.
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December 23, 2023, 06:33:31 PM
 #37

The title and thumbnail image can be a trigger for viewers to open the video. That is one of their strategies. Viewers are not stupid in choosing channels to search for information about crypto even if the title and thumbnail posted make them open the video.

For example, I will skip 10 seconds by tapping twice quickly and doing it repeatedly to get what is being said. Rarely 10 seconds, often I skip 20 seconds.
If what is being discussed is just nonsense, then without thinking, I immediately exit the channel.
Instead of watching them yawn without content, I'd better watch other content that invites laughter.

I humbly submit that not all YouTube videos are a scam; there are in fact very informative YouTube videos that explain a certain occurrence that is responsible for the change of the price of a certain cryptocurrency in a given time.

For example, there are videos that informatively explain on why the market crashed that is responsible for the decrease on the price of majority of cryptocurrencies. While these videos are not persuasive per se like the ones that are shown on the picture that OP added, general informative videos are essentially important for the benefit of the ones who are curious.

In conclusion, avoid watching YouTube videos that contain people who compel/persuade you to invest in a certain altcoin without even explaining on why it is recommended. Also, always verify the facts that you have watched as the decision still lies on your discretion.

R


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December 23, 2023, 08:49:47 PM
 #38

I wanted to add that some YouTubers may try to scam you by encouraging you to deposit funds into an illegitimate crypto site with the promise of huge returns.

I was a newbie to cryptocurrency and sought information on YouTube to broaden my understanding. I came across Eddie Moon's YouTube channel and was impressed with his knowledge, so I decided to join his Patreon and Discord. Eddie Moon contacted me and suggested that I deposit my funds into webulltradingbot.com for high returns. Consequently, I followed his advice and deposited my money there. Unfortunately, I am now unable to withdraw my funds unless I make additional deposits into the website.
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December 23, 2023, 09:00:49 PM
 #39

Yeah, that's true.
An average YouTuber is after getting a huge number of followers and so they will create topics and images that will fetch in subscribers for them even when the quality in the information they are padding is very low.

For those that are a bit experience in the Bitcoin soave, its easy to know when a channel had content of low quality byt I doubt a total novice who is just trying to figure out his way around Bitcoin will easily different the good from the bad channel.

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December 23, 2023, 10:32:52 PM
 #40

Yeah, that's true.
An average YouTuber is after getting a huge number of followers and so they will create topics and images that will fetch in subscribers for them even when the quality in the information they are padding is very low.

For those that are a bit experience in the Bitcoin soave, its easy to know when a channel had content of low quality byt I doubt a total novice who is just trying to figure out his way around Bitcoin will easily different the good from the bad channel.

Newbies may have a hard time differentiating good from bad channel but learning is a progress.  As this newbie is learning the curve of Bitcoin, he will then realize that some channel that he thought is a good source is actually a bad one.  As long as the newbie keep on digging information and do not rely on one sources of information, he will be able to identify myths from facts, good channel from bad channel.

Sadly one of our friends here hastily jumped into believing some streamers without doing any proper research or inquiry about the investment the youtuber offers.

I wanted to add that some YouTubers may try to scam you by encouraging you to deposit funds into an illegitimate crypto site with the promise of huge returns.

I was a newbie to cryptocurrency and sought information on YouTube to broaden my understanding. I came across Eddie Moon's YouTube channel and was impressed with his knowledge, so I decided to join his Patreon and Discord. Eddie Moon contacted me and suggested that I deposit my funds into webulltradingbot.com for high returns. Consequently, I followed his advice and deposited my money there. Unfortunately, I am now unable to withdraw my funds unless I make additional deposits into the website.

 Always stay vigilant and never trust anyone on the internet.  if they offer us too good to be true investment scheme (those that promised huge pay out) be doubtful of that offer.



When it comes to youtubers advice, we can always check whether the hype have  a valid argument.  Like the base foundation why there will be a price surge or price downtrend.  It should be supported by fact and not by some speculation that comes out of no where but in their own belief.

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