Post
Topic
Board Nigeria (Naija)
Re: ROLE OF INFLUENCERS ON CRYPTOCURRENCY (BITCOIN)
by
Zaguru12
on 17/08/2025, 06:57:01 UTC

Make we no just follow them because we think say they have better understanding of the market then us, some of them the way they see the market can be wrong and if you follow them without verifying the things they post or say, then you're going to make the same mistake that they're making.

Make we dey know say Influencers will do anything to put the project that they're supporting on the map. Take all the advice they give and crosscheck with what you know to be true about the industry and when you're still confused then you can ask questions on the forum and I believe you'll get genuine advice.

Alot of these influencers, money dey worry them and they begin to go against what they once stand for. Influencers should expose you to new projects and not make you invest in them just because they say so.

The problem we usually use to have is that we don’t usually like to do things our own way we usually just like to been influenced into it, this influencers most of them are paid to shill a project they don’t even know anything about and they don’t care to know because all they are after is to protect their bag at the end. Take for example Micheal Saylor on the OP’s list wasn’t he all against bitcoin in the past and calling it a pump and dump project, today what is his stand isn’t he now a bitcoin Maxi that sees bitcoin as best thing ever.

Why was he against bitcoin in the past was simply because of his company MSTR holding other stocks then instead of bitcoin but now when he has actually has more bitcoin he calls out those stocks now. So imagine if at the very beginning when he was Fudding bitcoin and his audience didn’t buy now wouldn’t they be biting off their hands because it might be too expensive for them than before but he the influencer has the money to actually buy even now.

Same goes to buying any random coin because a promotes it, even if the influencer buys that coin, he is most definitely rich to handle the risk that comes after it doesn’t works but not his audience.

The only influencer I see on the list is Antonopoulos who authors the mastering bitcoin book and only teaches bitcoin security and general language only