I think that the cryptocurrency market us unique, because many investors don't understand blockchain technology. So they rely upon experts on YouTube, Twitter, and Telegram for information, analysis, and advice. As a result, we have the phenomenon of crypto influencers. Some are reputable, like Carter Thomas of Coin Mastery, but others are not. What's your opinion on Crypto influencers? Are they good for this market and the cryptocurrency movement? Do you take advice from them? And who's good to follow?
those people who dont understand blockchain tech and crypto they only comes for quick money . as you said they trust others for their own investment , most of times they fall in trap with scam icos or phishing link of giveaways . many youtubers even can do promote shit project like a gem .
few youtubers are there who only shills good icos liek suppoman , ian balina . however we should not trust them too blindly . i do follow these and many other influencers . they also give short term calls for trading also ico reviews . but at the same it is necessary to do our own research too .
I will not name but there is popular twitter celeb who few times promoted icos which has no past and future and many people invested in it . i dont know he id it for money or he also failed to understand the project . so we should always do research properly our-self .