Quote from: wxa7115 on Today at 06:35:26 PM

Quote from: dhru9 on May 13, 2022, 12:46:59 AM

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

Those youtubers do not really know anything about the markets and most of the time they are just being paid to promote a coin or they have invested in that coin themselves, and they are promoting it in order to create a pump and dump on their own.

So with this in mind it is a bad idea to listen to them when they do not have our best interests at heart at all, also it would not surprise me if in the future the authorities begin to investigate those youtubers, as what many of them is doing can be considered illegal or at best irresponsible since the majority do not have any credentials which allows them to give such advice.

Youtubers make their income through adsense and sponsorship, so they aren't really concerned if their advices will work for real when applied on practice by their public. Usually they even state at the beginning of the video informations contained there shouldn't be taken as financial advice, meaning they don't take any responsability for what they say. Thinking logically, there is no reason to take what they say in consideration then.

it's much better to pay attention to the facts and events happening in the world than paying attention to youtubers. This way you can predict the market and manage your investments much more efficiently.