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Topic: Crypto YouTubers are all financial advisors - page 3. (Read 395 times)

sr. member
Activity: 602
Merit: 442
I buy all valid country Gift cards swiftly.
January 31, 2023, 03:58:36 PM
#5
One thing we must understand about YouTubers is the fact that they're all chasing the bag and doing anything to attract and call the attention of their niche is all that truly matter to them and with that behind your mind, you'll always have the zeal to do your own research (DYOR).

If you read the description, there are one or two ways they try to out a disclaimer on the video and Laos stating that what they're doing isn't a financial advice a d I'm also in the stand point that just stating that the video isn't a financial advice shouldn't be a yardstick to freedom because they've already the trust of their followers and posting sure projects, their followers might wan to give it a trial and at the end loss money.
So who ever makes a video giving advice and opinions about any project should help responsible as well and I'm sure that this measure will really help
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
January 31, 2023, 03:51:20 PM
#4
Aren't they supposed to keep their financial advice to themselves if they don't want to be a financial advisor? Yeah, I think the perfect way to stay away from been a financial advisor is to keep your ideas to yourself, don't say a word about it.
...
Oh, I almost forget, it pays to be a YouTuber, you need a niche to talk about per se,
You have the question and the answer.
YouTubers and "influencers" are paid to shill projects to their audience and hope they buy into it. And you don't assume someone to be a financial advisor cause they made a couple of videos talking about the potential outcome of an investment. On this forum price speculation is talked about a lot, and we discuss what the future of Bitcoin is going to be, that doesn't make the users here advisors, does it?

You can't expect people to stop doing what they profit from, you can only advice investors to do their own research.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
January 31, 2023, 03:48:19 PM
#3
If someone is not a financial advisor and still go live on Youtube or Twitch to talk about how they make money investing in a project or two what does that make them?

Attention whores, scammers, wanna-be traders, "influencers" living off ads?  Cheesy

Aren't they supposed to keep their financial advice to themselves if they don't want to be a financial advisor?

If you know your advice might suck, isn't it better to earn from clicks and ads and putting somebody's else money at risk? If you nail the predictions you get more views and more money if you fail completely and nobody likes you anymore at least you didn't also lose your home trading. Think of selling books on how to win the lottery!
legendary
Activity: 2184
Merit: 1302
January 31, 2023, 03:40:40 PM
#2
The thing is, as a crypto investor do not take any individual as a financial advisor, or an expert in crypto trading/investing; if you take investment advise from people you are basically investing in what they have invested in, because they would try to pitch the coins in their portfolio to you, so as to pump the project/coin.

Having said that, the only way to go about investing/trading in crypto is to DYOR and be responsible for whatever would be the result of your investment decision.
sr. member
Activity: 686
Merit: 403
January 31, 2023, 12:03:23 PM
#1
If someone is not a financial advisor and still go live on Youtube or Twitch to talk about how they make money investing in a project or two what does that make them?

Aren't they supposed to keep their financial advice to themselves if they don't want to be a financial advisor? Yeah, I think the perfect way to stay away from been a financial advisor is to keep your ideas to yourself, don't say a word about it.

Oh, I almost forget, it pays to be a YouTuber, you need a niche to talk about per se, and it's very easy to talk about a project even if they are going to ruin your life, the secret behind this people is you, the only ways crypto YouTuber makes money is shilling their crypto bags and waiting for new buyers, it's two ways to make money for them, YOUTUBE and CRYPTO BAG..

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