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Author Topic: Be careful of those crypto content makers  (Read 285 times)
I_Anime (OP)
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October 05, 2024, 04:51:31 PM
 #1

At first I will say most crypto content makers are doing a great  work keeping users updated, especially those content makers from X (formally known as twitter) . But they are some that are still misleading users especially newbies, especially in this telegram mini apps season, ever since $Not got listed and alot of users who farmed it , endup with some good reward, which have on boarded alot of users to this space .

Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process. One thing you guys need to know is that most of this so called Crypto content makers on social media are only interested on your reaction and stuff, most of them don't have the proper knowledge about this space , so be careful at there.

Is not bad to do airdrops but always participate in it with caution,  And don't forget to always DYOR ,  And if you want to invest, you can invest on bitcoin to be in a safer side , because most projects at there are pump and dump.


So work on your get rich quick mentality, take your time and learn , gather good knowledge, this space is not all about tap-to-earn alone there are more to it than that .

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October 05, 2024, 05:18:06 PM
 #2

Most of those content creators you see only first start with sharing useful information to gather the audience that they need, and when they have that audience, their target now is not just on the click and the view.
 
But rather on deals with those projects they get paid more to spread lies and promote scam projects than the payment they receive on engagement, which is why believing everything they say it's at the person's risk, all I do is pick a few pieces of information that's worth it and do my own research. I don't invest in airdrop projects to start with myself.

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October 05, 2024, 06:02:35 PM
 #3


Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process. One thing you guys need to know is that most of this so called Crypto content makers on social media are only interested on your reaction and stuff, most of them don't have the proper knowledge about this space , so be careful at there.


It’s just as the post above said - most of those content creators that claim to be some self-proclaimed crypto expert that usually pop up with new projects and then urge their followers to buy from it that it will give them some unrealistic returns do so just so they can their commission from their deal with the project.

Do you think if an influencer sees a project that will get them x1000 of their investment they’ll come to social media and start sharing it? No they wouldn’t. Instead they’ll come with those that will do good at first (to convince more people) and when others start swarming to it they’ll rug the project - and that same content creator will come out with their smallest investment (after cashing out the main deal) and start displaying it as proof that they too were rugged by the project.

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October 05, 2024, 07:51:53 PM
 #4

Not all content creators on X are trustworthy and no one should trust everything they post if they come to recommend investing in a specific coin. Beginners who are searching for any opportunity to make profts may be attracted to these recommendations without doing enough research to analyze the quality of the coin. They may not realize that these influencers and content creators may aim to pump the token's price through them and then dump it on them or that they are funded by marketing money from the owners of the Tg mini application.

With the huge sell orders for airdrop holders, as soon as the airdrop holders feel disappointed with the airdrop they received and negativity spreads, the token will suffer from severe dumping and may take a long time to recover if the developers of this game try to add utility or value to it. It is undoubtedly a high-risk investment and may evaporate capital quickly. Beginners should stay away from it, although they can earn it for free without risking their capital if they wish to do so.

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October 05, 2024, 08:08:10 PM
 #5

Yeah, definitely!  I have been following cryptocurrencies for some time now.  Theres certainly no shortage of content, though the quality varies.  Some spread misinformation without really understanding the space and  the promises of quick wealth often lack nuance. 

It iis easy to get caught up in the hype, especially with all the airdrops and tap-to-earn schemes floating around. But I would advise careful study before investing in lesser known projects. Distilling signal from noise is key.  With realistic expectations and diligence, it can be rewarding to participate.  But promises of easy fortunes and the hype around pump-and-dump schemes should always give pause.

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October 05, 2024, 09:20:18 PM
 #6

At first I will say most crypto content makers are doing a great  work keeping users updated, especially those content makers from X (formally known as twitter) . But they are some that are still misleading users especially newbies, especially in this telegram mini apps season, ever since $Not got listed and alot of users who farmed it , endup with some good reward, which have on boarded alot of users to this space .
Most of those people making videos and posting on social media don’t even have much knowledge about crypto, most of them are doing those videos just because they want to be paid, they care about their pocket alone, and they are fighting for themselves alone. Some of those videos are really useful, but I will say most of them are totally misleading.

Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process.
Most of them are just paid to promote the project for them, and they don’t even care if the project is real or not, all they care about is the amount for which they will be paid, and they don’t care if their followers lose after investing or not, or maybe the influencer is also part of the team, and he is promoting his project.

Is not bad to do airdrops but always participate in it with caution,  And don't forget to always DYOR ,  And if you want to invest, you can invest on bitcoin to be in a safer side , because most projects at there are pump and dump.
Airdrop is really a nice one, at least that’s another way to make extra money, but when participating in airdrops, always do your own research and make sure you don’t pump money into airdrop.

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October 05, 2024, 09:51:40 PM
 #7

At first I will say most crypto content makers are doing a great  work keeping users updated, especially those content makers from X (formally known as twitter) . But they are some that are still misleading users especially newbies, especially in this telegram mini apps season, ever since $Not got listed and alot of users who farmed it , endup with some good reward, which have on boarded alot of users to this space .

Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process. One thing you guys need to know is that most of this so called Crypto content makers on social media are only interested on your reaction and stuff, most of them don't have the proper knowledge about this space , so be careful at there.

Is not bad to do airdrops but always participate in it with caution,  And don't forget to always DYOR ,  And if you want to invest, you can invest on bitcoin to be in a safer side , because most projects at there are pump and dump.


So work on your get rich quick mentality, take your time and learn , gather good knowledge, this space is not all about tap-to-earn alone there are more to it than that .
Not common and I've seen lots of YouTube influencers doing this for a long time.
I mean for the sake of money, they will do everything even it costs the money of their followers. Do they care about them? If yes then they supposedly not to promote any project that has any use case, no good potential and has obvious red flags on it. Unfortunately, some influencers doesn't have any empathy to them hence, they will promote any project that they want as long as they're getting paid.

On the other hand, us investors can't sue them because of the phrase "This is just a financial advice, blah blah blah", and they're using this phrase as their way out just in case things will go south and will not favor them. Like you, I've also seen many investors losing their money because they bought the token that the influencers that they're following recommended only to end up losing all of ther money because it dipped so hard that they can't even sell it at all. It's just sad that's why I always say that don't follow these influencers especially those who are promoting shitty projects on their website. If you still want to watch them then at least don't buy the tokens of the project that they're promoting especially if you know that there are many red flags on it.

Knowledge is power and we know that hence, we should do our research and don't rely on these influencers when it comes to investing into different projects.

 
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October 05, 2024, 09:56:56 PM
 #8

Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process. One thing you guys need to know is that most of this so called Crypto content makers on social media are only interested on your reaction and stuff, most of them don't have the proper knowledge about this space , so be careful at there.


You are not far from the truth concerning the so called influencers, I have read their contents and see the kind of projects they promote and to be sincere I have not be too impressed with most of them, they are actually after the money this projects will give them either through the airdrops or through the ambassadorship or say jobs they do. If you listened to this influencers on Space you will get to find out that most don’t even know what they are shilling, they are mostly those hired by the project to help them market it.

One thing i actually notice with this influencers is that they usually do not share those projects That will benefit from its airdrops. So the thing is ways about their own success and not the community,

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October 05, 2024, 10:08:36 PM
 #9

Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process. One thing you guys need to know is that most of this so called Crypto content makers on social media are only interested on your reaction and stuff, most of them don't have the proper knowledge about this space , so be careful at there.

Crypto influencers are a problem. It is not all of them though but most of care only for their pockets. They thrive on the leading newbies astray with a lot of misinformation and sadly because newbies do not like to Do their own research. I think that older crypto contents creators have the correct and authentic info to share rather than the new ones who instead get more audience from their giveaway. As that is the only they have to offer together with misinformation.

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October 05, 2024, 10:25:46 PM
 #10

It is not even entirely the fault of the people who create these contents, i blame the people who invest in projects such as these, they should know that it is either you are extremely lucky and you make some money from them or you get burnt; that's why they are called pump and dump coins. The projects that pumped didn't do so because they had any potential, it was just because of the hype, so you can't blame the influencers when the next project didn't generate enough hype for it to pump.

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October 05, 2024, 10:36:37 PM
 #11

At first I will say most crypto content makers are doing a great  work keeping users updated, especially those content makers from X (formally known as twitter) . But they are some that are still misleading users especially newbies, especially in this telegram mini apps season, ever since $Not got listed and alot of users who farmed it , endup with some good reward, which have on boarded alot of users to this space .

Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process. One thing you guys need to know is that most of this so called Crypto content makers on social media are only interested on your reaction and stuff, most of them don't have the proper knowledge about this space , so be careful at there.

Is not bad to do airdrops but always participate in it with caution,  And don't forget to always DYOR ,  And if you want to invest, you can invest on bitcoin to be in a safer side , because most projects at there are pump and dump.


So work on your get rich quick mentality, take your time and learn , gather good knowledge, this space is not all about tap-to-earn alone there are more to it than that .

First thing to look if the content makers is really for right information is they post legitimate educational information about crypto and answer questions people towards the topic discussed or other thing he want to raised.

But if the content make is shilling something like meme coin,hyip investment or other thing related to high risk obvious scams then they are not good to follow. So with those cases newbie people should really be careful for those kind of people since for sure that they are not for their community but rather for the earnings of the contents they made since what they going after is the money from the traffic generated or referrals and payments from their promotion on those scams.

Realistically speaking there's no easy quick rich schemes on crypto and people should realize that. If someone saying or promoting its easy to earn money here then definitely its a scam, hopefully people would realize and take that as a red flag.

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October 05, 2024, 10:51:09 PM
 #12

These content creators whether in crypto or any other market are solely focused on their personal gains. If they suggest a project to their audience about investing without some disclaimer, for sure that they're paid to do that. Unless they announce it that they're being paid to advertise it, they're dishonest.
/s

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October 06, 2024, 02:05:37 AM
 #13

The problem is not even about this crypto contents creators because they are only concerned about the rewards they would earn from the builders of those crypto games when people view their contents, follow, like and share them to other social platforms though i don't blame some persons because since they are fans of that particular influencer or content creator they will assume that what ever information they pass across to them is legit without caring to do their own research. Sometimes i also blame this content makers for misleading the public about a particular crypto project because since they know that cryptocurrencies are risky, they should have stated a disclaimer so that people who are following them up will be aware of the risk involved in the information they got and decide whether to invest or not but instead if you see where this content makers are trying to convince their followers with full confidence which leads to more people giving such a project a ''benefit of doubt'' just because of that crypto content creator instead of doing their own research to know if those projects are worth giving a thought on.











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October 06, 2024, 02:12:34 AM
 #14

At first I will say most crypto content makers are doing a great  work keeping users updated, especially those content makers from X (formally known as twitter) . But they are some that are still misleading users especially newbies
If you rely on content makers to get information on fundamentals and updates of projects you are interested in investment in near future or already invested money in, it's one of most risky and stupid things to as investors.

Because content makers mostly don't care about facts, accuracy in their content, they want traffics, money from their content and you know about risk of misleading content, clickbait content. With Internet, and powerful search engines, it is very easy to search for information you need, and stop your dependence on content makers.

Quote
especially in this telegram mini apps season, ever since $Not got listed and alot of users who farmed it , endup with some good reward, which have on boarded alot of users to this space .
This is another risk but let's say it's risk for some and chances for others. In a bull market, people can make money easily through retroactive airdrop jobs, and they will use such free money too carelessly. It means they will be most vulnerable participants in the market, to lose money to scam altcoins. It will give intelligent investors great opportunities to get profit from airdrop receivers' money. Capital in the market will switch from shitcoins to best coins and if intelligent investors can make smart purchases, hold their good coins, and wait for capital flow from airdrop receivers, they will x their portfolio value easily.

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October 06, 2024, 02:32:28 AM
 #15

I do not follow any Crypto content creator / maker and just follow the news channels / accounts directly. I would love to consume and think of any event with my own brain cells instead of someone opposing me their thoughts into my mind. IDK if I am the only one who thinks it like this, but I would let me knowledge guide me even if it's limited. I don't want to end up blaming someone else you know?

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October 06, 2024, 04:01:37 AM
 #16

That's why due diligence is important.

Nobody over social media are trying to make you money for free, instead they are trying to convert you as their product, making you as their exit liquidity is one of the thing, sometime they also have sponsored content as well, shilling hard for the coin just because they got paid, and once people got rekt because the coin dumped big time, they try to wash their hand. I still remember how some of the top ranked coin paid CT to shill and the paid rate is hundred thousand dollars sometime millions.

In twitter alone there has been so many CT exposed, trying to shill and hide behind the word "not financial advice" so they won't be accountable if things go south, but really, if anyone is putting that much effort into constantly making shill and trying to create content about certain low mcap coin, just avoid it, big fat chance it's just a trap.

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October 06, 2024, 09:29:48 AM
 #17

I don't want to end up blaming someone else you know?

This is very good, not many people think like you. But I agree, the best thing about the issue of harmful content is self-control. The trick is to become more understanding, knowledgeable, thorough, looking for the best validation for the truth. I don't participate in airdrops, I don't participate in prize campaigns or anything like that. But I monitor the content of content regarding crypto. From some of the things I saw, were promotional content, educational content, content looking for supporters. All content has good and bad so we have to understand which ones we need to use and which ones we discard. But I also don't like people who create misleading content. They must be punished.

R


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October 06, 2024, 10:17:09 AM
 #18

At first I will say most crypto content makers are doing a great  work keeping users updated, especially those content makers from X (formally known as twitter) . But they are some that are still misleading users especially newbies, especially in this telegram mini apps season, ever since $Not got listed and alot of users who farmed it , endup with some good reward, which have on boarded alot of users to this space .

Most? No bro just a few as most of them are there for the money and not the advice/update that you think they are giving you.

We don't basically need them as all information that they're sharing is already available for everybody to access on the internet. They're there growing their followers to use them to get engagement and get payment from Elon musk.

Quote
So work on your get rich quick mentality, take your time and learn , gather good knowledge, this space is not all about tap-to-earn alone there are more to it than that .

When people act as if tap to earn have come to stay, I laugh at them because they're new and don't know the numbers of trends that have occurred previously. Nothing last over here just Bitcoin that have been consistent for decades and that's why it's regarded as the best bet against the market. Don't put all your attention of airdrops as future ones are likely to scam you than making you money.

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October 06, 2024, 11:27:22 AM
 #19

At first I will say most crypto content makers are doing a great  work keeping users updated, especially those content makers from X (formally known as twitter) . But they are some that are still misleading users especially newbies, especially in this telegram mini apps season, ever since $Not got listed and alot of users who farmed it , endup with some good reward, which have on boarded alot of users to this space .

Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process. One thing you guys need to know is that most of this so called Crypto content makers on social media are only interested on your reaction and stuff, most of them don't have the proper knowledge about this space , so be careful at there.

Is not bad to do airdrops but always participate in it with caution,  And don't forget to always DYOR ,  And if you want to invest, you can invest on bitcoin to be in a safer side , because most projects at there are pump and dump.


So work on your get rich quick mentality, take your time and learn , gather good knowledge, this space is not all about tap-to-earn alone there are more to it than that .
Most times it's just better to do research yourself to avoid being a victim. These social media guys sometimes just find a way to grow their accounts then spread false information so that they gain enough subscribers then start getting paid by the social media. The best thing is to avoid Investing in just any projects or sending money to anyone because they said or show on their socials that they make a lot of money from crypto. Yes some are real but it's difficult to find those who are actually genuine to sharing the knowledge. Some use other peoples money to generate funds for their trading.
One thing I've learnt is that you can't get rich from crypto over night so if you arethat type with such mentality, you are likely going to end up being scammed.

R


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October 06, 2024, 12:21:30 PM
 #20

Most times it's just better to do research yourself to avoid being a victim. These social media guys sometimes just find a way to grow their accounts then spread false information so that they gain enough subscribers then start getting paid by the social media. The best thing is to avoid Investing in just any projects or sending money to anyone because they said or show on their socials that they make a lot of money from crypto. Yes some are real but it's difficult to find those who are actually genuine to sharing the knowledge. Some use other peoples money to generate funds for their trading.
One thing I've learnt is that you can't get rich from crypto over night so if you arethat type with such mentality, you are likely going to end up being scammed.

Many newbies fall victim to scam activities lately because of desperation to make money or more money, most of the still got that get rich quick mentality and always fail to research on new projects before going into it, one of the easiest place scammers get their victims is from the media and Telegram is the worst place for someone newly into Cryptocurrency to be careless, as a newbie in the crypto one has to be very careful and be sure of the informations they get on the media before taking it very seriously. Just like the OP has said, people should be very careful of those Cryptocurrency content creators on X, some of the give useful informations that could help newbies in their Crypto journey but their are some that are paid to influence scam projects without them even knowing how misleading it could be to ignorant people therefore a good research is expected by a newbie when they come across such contents before jumping into their projects. Newbies should allow the gey rich quick syndrome to make them fall victims to scam activities.

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