Quote from: mvdheuvel1983 on Today at 06:26:14 AM

Quote from: binimal on September 13, 2023, 03:14:04 AM

Does this mean that if you see any YouTuber or crypto “celebrity” pumping a product or trying to make a buck out of content, that you should run away from them?

Most of the opinions from these crypto influencers are not reliable because they don't have the years of experience in the space to be able to give any sound advice. That is why you often find them repeating what most analysts are saying and some are creating hype to pump and dump. Once in a blue moon, they may drop some solid advice but still, be cautious and do your own research very well before taking their advice. Those who didn't have lost a fortune.

There are others that have long years of experience in crypto but are still dumb and still giving advice to others and others are also affiliated with it which is why they keep advertising it. But most of the influencers that I've seen have been in the crypto space during the COVID which is not that long experience and that is why I don't listen to them and always skip their videos. It is better to get advice from yourself from the knowledge and research you've conducted before concluding you'll invest in it.

Influencers are just making it content because they know that they will gain views because a lot of people are interested in it.