Post
Topic
Board Altcoin Discussion
Re: Stay away from crypto influencers
by
Essential10
on 15/12/2023, 00:22:40 UTC
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.
Crypto influencers can provide valuable information and insight, but they are not financial advisors. I think not all influencers are trustworthy sources of information. It's always a good idea to verify and cross-reference information provided by influencers, especially when it comes to something as complex as cryptocurrency. A close elder brother of mine he used to follow a crypto related youtuber, he had a lot of tokens, they were overpriced. But he kept the tokens as per his YouTuber's instructions hoping to gain more value but after a few days it became valueless. So I think looking for different perspectives and sources of information rather than just relying on a single influencer or source.