Quote from: Upgrade00 on January 31, 2023, 08:51:20 PM

Quote from: Outhue on January 31, 2023, 05:03:23 PM

Aren't they supposed to keep their financial advice to themselves if they don't want to be a financial advisor? Yeah, I think the perfect way to stay away from been a financial advisor is to keep your ideas to yourself, don't say a word about it.
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Oh, I almost forget, it pays to be a YouTuber, you need a niche to talk about per se,

You have the question and the answer.
YouTubers and "influencers" are paid to shill projects to their audience and hope they buy into it. And you don't assume someone to be a financial advisor cause they made a couple of videos talking about the potential outcome of an investment. On this forum price speculation is talked about a lot, and we discuss what the future of Bitcoin is going to be, that doesn't make the users here advisors, does it?

You can't expect people to stop doing what they profit from, you can only advice investors to do their own research.

YouTubers and crypto influencers are getting an income out from hyping those projects that are also paying them so expect that they will do everything so that the audience will be more convinced and finally buy in their project. The moment those new investors will start investing in the project, regardless if the project has huge potentials or not, that means a success to the project owner, and of course to the promoters themselves. So even if being financial advisor is not really an appropriate thing to do, but I think YouTubers have no choice actually but to make believe the audience and think that those projects are really something profitable to invest.