Stop following crypto influencers, those of you who like using YouTube videos to pick coins and tokens to invest in you need to hear this, those crypto influencers on YouTube are getting paid to promote those projects they are chilling, why would they promise you 2x or 5x when they aren't part of the team themselves? They did this because that's how they make their own money. He who have hears let him hear.
There's not much different from stocks influencers. When telling you about some coins that they believe would bull, you need to understand that they have bought a significant amount and wants to get out of it with profit. The influencer earns at the expense of it's followers. And if the influencer is talking about some promising new project, it's either the influencer got paid for advertising or they got a huge number of tokens for free with the responsibility of creating a value for those useless tokens.