A lot of YouTube chaps and social media crypto gurus are scraping off the pockets of their followers for easy money.
Recently it was alleged that a big crypto Youtuber named bitboy, with over 600k followers is trying to make easy money by recommending some shit coins to their followers and making them rally. Most of his fanbase are beginners and young minds in their teenage.
If you recommend someone a super low cap coin like NORD and it rallies more than 50% in next 3 hours. People must not be wrong in assuming that you are making huge profits while pushing your followers down in the shit hole.
A lot of such practices are happening all around and its important that people are aware and do not blindly trust even most renowned Telegram or YouTube channels or other social media crypto gurus that claim themselves to be experts and suggest random altcoins to become super rich.
Its fine to take advice of of others and their opinion but never blindly act on it unless you have done your own reading.
Educate yourself, gain knowledge, learn to make informed decisions and most important of all - Trust your own gut.
Have a nice day