Topic: Crypto influencers secrets that all newbies should be aware of (Read 293 times)

It's common knowledge that crypto influencers don't mean those who really love or are interested in the project because of the quality or future of the project. But it's more what projects they've got promoted and they'd do anything, and they get paid for it. Not that every project they sponsor is really good. But because they get paid to make it look like the project is good and how people come to the project. That's why it's really worth watching out for various influences from those who say a hype project will be big. Always do DYOR.

True. Everything has got to do with money. And once they’re paid to do it, they will do everything even making the impossible become possible for people instead. That’s the reason why we can’t trust complete strangers saying that these coins are totally profitable and will make you rich in the long run. Investing in crypto will not make you rich, it’s your attitude and positive mindset as an investor that will make you rich.

Long story short, some people do it for fun but most of them do it for the bucks. They all pretend they found gems when in fact the only thing happening is they got paid good bags of money and they have to play pretend.

YouTubers who don’t do this aren’t popular enough because viewers want to become rich. It sells so much better to pretend you found awesome coins and then just forget about them after 1-2 videos forever. It doesn’t sell as good when you say the truth and tell your viewers it’s not as easy to make it in crypto as it seems.

Lies over lies over lies. This is why you never trust a stranger for their word. You never know who’s paying them to speak to you like that.

That is the real purpose of crypto influencers. They are there not to mainly make us profitable, but to make them profitable instead. Everything that they are saying are well scripted and no matter how those projects they are promoting are real red flags, they will always make it good for us so we can blindly invest for them. That way, their  pockets are full while emptying our wallet instead. That’s how ridiculous trusting crypto influencers, except for those few who have genuine hearts for their followers.

They should be arrested for what they are doing. They entice people to invest in a bad project, then gather a large sum of money to invest in better projects. There's some sort of self-interest at work here. But, no matter how many times a red flag is raised for people to dislike a project, they still want to try it out until they're cheated out of their hard earned money.

I believe that for some of them, this is their only source of money, but feeding people lies in order to fill your own pockets is inhumane and should be avoided in society. A disclaimer should be placed on those pages informing followers that they should only invest what they can afford to lose and that the project is not guaranteed to succeed, but this might havoc on such YouTube channels.

He isn't lying and I think we all know that because it becomes obvious as time goes on. When you have spent some few years in the industry, you'll begin to understand how this influencers work. If you noticed since the market isn't bullish most of the so called influencers has all gone dumb but immediately the market looks bullish again, you'll begin to start seeing them come out of their habitation and you best believe they'll still have those believing all the crab they start promoting and that's because humans can't be easily influenced.

As a newbie don't believe any word from any online accounts advertisment a project or just talking about it to his audience. Influencers comes in different ways, we have those just starting with low followers therefore don't think only those with the large followers are the influencer. Right now is more about the engagement than the followers because you don't need large followers to get your video trending on tiktok or tweets trending on Twitter. If you were to follow an influencer, go with those that pass only information and not investment advise.

The secret that they are not making you eventually become experts and make profits, but they are there to lure us and make believe that trusting shitcoins are the best way to make profits when in fact it’s the easiest way to keep us at loss while making their own way to be highly profitable. Newbies should know that crypto influencers are not really genuine and are true to what they have been telling, it’s like they’re wearing a mask to convince us and follow their steps because that’s the only way they’ll make profits from us.

That’s the problem with crypto influencers since they are here not to give you advantage but certainly to take advantage on you. Instead of making you profitable, it’s like they are the ones who become profitable while leaving you at loss. That is why if we keep on relying for them, we will never achieve our goals in crypto. We have to gain knowledge and experience on our own, because that’s the best thing to do. There might be losses along the way but know that they are there to motivate us and not for us to fear and eventually quit along the way.

Thanks for what you said, but in my perspective, I don't see it as a secret anymore because I've known this a long time ago already. This is also the reason why I don't watch any videos on Youtube that talks about new projects, meme coins, shitcoins, and some buy recommendations. What I only watch are the videos that are related to technical analysis of a particular high market cap coin like Bitcoin, Ethereum, Ripple, etc.

Nevertheless, this is a wake-up call for those newbies out there who are watching, and supporting the influencer that they've always watch on Youtube. I hope that this thread will wake up the minds of those newbies who are solely following the recommendations of these Crypto Influencers hoping that they will make profit on it. I guess this is the time for those who are following some crypto influencers to stop watching them, and instead watch educational videos that will help you learn more about crypto. Avoid videos that are talking to new projects, coin recommendation, meme coin, shitcoins and the like.

Gaining knowledge is the key always. Don't be a blind investor, and rely on what these Youtube crypto influencers are saying. Do your own research like what we always say. Learn the basics of crypto because it will help you know which coins are good to invest, and which are not.

Do they ever really get involved in the project rather than offering influencer services...?
Most of them don't get to invest more than $10 - $50 on a project and they are always ready to take profit with the least growth on the project. In many cases, the coins comes free for them and with the lots of crypto or prospective investors out there, always looking out gir where to pitch there investments in altcoins and make the most profit, its not hard to find them blindly following because, some celebrity is on the project or have said a few words on the project in a tweet and a host of others that goes out with unverifiable testimonials.

When you blindly follow, evaluate the risk that could come with it and weight it if you could manage it.

I am surprised some crypto influencers still participate in cryptocurrency marketing that has to do with lying to the investors some of them accumulate the promoted project. Isn't this the reason why the US SEC penalized some celebrities that hype some crypto project without revealing the risk and damage involve?
Elon Musk systematically did the same thing when he used the Dogecoin logo on Twitter.

This is what every smart individual should know about the crypto space be it a novice or a newbie, as long as you are smart and knowledgeable enough to decipher some situations, you can not fall victim of these so called social media crypto influencers that have caused lots of wreckage to peoples lives and funds in the name of promoting shit coins and scam projects all year round to the detriment of their follower ship  and at their own selfish interest. crypto influencers are the conduit for the pump and dump game. They are always willing to play to the tune of their paymaster as long as the situation favours them in a big way causing havoc to unsuspecting investors and their followers.

If you are actually wise and knowledgeable, regardless if you are a newbie or not, you will know from the start that crypto influencers are not there to help you become profitable, but to stay them at profits knowing they are being paid of what they supposed to write or tell. So never rely on crypto influencers as they will only push you into your own weaknesses. Have your own will to gain knowledge and skills, that way you’ll be free from the negative intentions of crypto influencers.

There's no general crypto influencer. There are guys who report on the news and in a way are crypto personalities that make youtube videos about cryptocurrencies, and there are people who literally pump shitcoins and promote scams. If you're looking for a good, informative channel, there's plenty of them to choose from. Stephan Liveira for instance does a good job.
He's exactly the opposite of people like bitboy, who are the scourge of the crypto youtube. Unfortunately, there's more bad apples than good ones in this batch.

If you're new to crypto and lost among the multitude of youtube channels, I'd generally avoid any channels that want to tell you about this exciting new project. I'd also avoid channels that were involved in promoting scams. You can google the name of the channel you're interested in and check if they weren't involved paid promotion of failed projects.
Last but not least, avoid analysts, especially people who add a new prediction every week saying that because we crossed this or that line we'll now go to this price and next week they backtrack and say that it's another price and another and it never happens the way they say.

Nobody can influence me in bitcoin in particular, even though I am not a computer programming person to know the technical side of bitcoin, nobody can deceive me anymore. After my first seminar of bitcoin, I have not attended any other one till I joined this forum to fully learned my bitcoin journey. Crypto influencers can only influences those who are novice in the system.

A secret not so secret lol, hope  your friend doesn't find out.

This doesn't surprise me tbh, especially having experienced the ICO era this was normal,  besides whats different about this from what bounty hunters here do for these new projects by sugar coating staff and what not...nobody says bad things not until something bad happens. Which is why the rule of thumb when it comes to investments is do your  own due diligence before committing to invest as your are responsible for any loss from a bad decision made!

Always , I didn't know this 

But then again it makes sense to use them as they have the followers and projects are taking  advantage of this fact, besides most crypto influencers that care about their audience usually have a non liability  clause whenever they make such content so let's be careful with these guys!

If hyping shitcoins were only the means to stay them at profits, crypto influencers will chose to do that and make good amount of money. That is their job and they are paid to do that so it’s not their problem anymore if people end up losing their money in shitcoins. This is the reason why people should not believe easily on everything they see online, especially for beginner investors where greed is high. Before taking the risk to invest, know and understand what to invest in the first place, and how it will be profitable in the long run.

This only proves that majority of the crypto influencers, or whatever you are influencing to, are certainly greedy and have always been selfish in their own desires. Where there is money, greedy people stay. This is the reason why we need to be more vigilant and very cautious on everything that we hear or see online, as most of them are being manipulated or forced to do so for the sake of money. That is why we need to increase our own knowledge and rely on our own selves than to trust crypto influencers and make us fooled with fake information.

What you should understand is that they all have their different thought and a pattern a Crypto-currency influencers follow, first I must give it to them they actually have done the work by knowing about crypto-currency that is why some of them still remain relevant, but the issue here is that they now have started to monetize their social Media account compromising the trust that got them to the level they are now, I remember during the LUNA issues when it was dropping, a crypto influencer actually said he just put in a huge amount on Luna this actually caused a friend of mine to get Luna without hesitating, we all knowledge the outcome of that coin.

I don't think we should blame the influencers if they decide to gain from their account, it's left to everyone to always do their research don't take any influencers word and act on it without checking your potential risk acting on it.

A lot is happening in the cryptocurrency world and those that are not aware of this are the ones that do fall Victim and end up losing there money to shit coins that could become a rug pull within a little time frame. I have bought some crypto coins that never yield any profits because the main reason the coin was created is to deceive investors and take away the profits.

This is not a new thing that is happening in the market and we have to be prepare to avoid those kind of projects because they don't last. They are always looking for cryptocurrency influencers to promote there project so that more investors can join the project. This would never stop unless the government comes in and sanction projects that tend to scam investors of there hard earned money.

We need to be ready to do research in the market so that we are not going to make the mistake of investing in projects that would never go anywhere. We need to ask questions when we are investing in crypto projects so that we can be rest assured that where we are putting our money is a genuine source.