Topic: Honest question, what to think about “crypto” affiliates or influencers? - page 2. (Read 660 times)

There is no bad thing to be influencer but try to be a good influencers because you will make money when you share your knowledge with others but with the help of this knowledge investors choose their ways of earning so giving them inaccurate knowledge can make them disappoint.

Not all influencers are bad but if one or two out of them are scamming people then because of this concept they never trust on other influencers too.

Now a days everyone has sharp mind that they don't listen to a single influencers but always use blended words from different influencers. Once someone asks you for money then realize that the work of such individuals is not accurate but only scam people for collecting charges from them.

There is nothing wrong with trading, affiliates and opening a Youtube account to earn money. Even more than that, some have even opened offline and online classes and escrow services. Of course there is nothing more than diverse sources of income. In this way, someone can get more stable money and it might be able to support their trading/investment activities.
What I only hate are influencers who promote shitcoins or scam platforms to their audience just for dollars. That's why as a viewer, not all crypto influencers can be watched, because most of them are just making money and not providing education.

Well, that's the job of an influencer. They will always protect their reputation so that their followers do not abandon them. And often I see things like that too. They make ambiguous analyses. But many beginners follow it. But not all influencers are not very good at analysis. Indeed, there are several influencers who are also experts in trading analysis. And he just makes videos for fun. And usually he only has a few videos. or rarely upload videos. Because he is more focused on his own trading. But there are also crypto traders who have turned into content creators and influencers. So we can still rely on their analysis. It's just that it's very rare. Because most influencers sometimes only take other people's analysis. Which he then modified with his own version. So there are really two types of crypto influencers. There are those who are really good at crypto trading and there are those who are not good at crypto analysis. They only focus on building a following and earning from content creators and affiliates.

From what I have seen of the influencers in this era that I have watched on YouTube, maybe if I average 100%, only 1% of the influencers have the sense to teach about crypto trading. Because what was said is true, most of them are really after views and subscriptions, because that's where the youtube platform is designed to make money for the channels whose theme is about trading.

Because there are other advertisements that are also based on the number of views and subscribers on how they choose promoters or influencers to campaign their business. That's the cycle of social media platforms in this generation. And number one is that influencers will really benefit from the referral bonus or affiliate marketing because their advantage is the number of their subscribers and huge views.

Influencers in cryptocurrencies are often wrong with their forecasts. Many of them go tricky - they give two forecasts - if not up, then down, if not down, then up. Then they delete the wrong forecast and are always right. Influencers live off subscriptions, paid courses, and money paid to them by coin developers or exchanges. Referrals make up a large part of their income

As long as they don’t force us to subscribe, that will be totally fine. However, I have seen some potential YouTubers that are definitely not just doing their job for money, but they are really trying to help and encourage people to learn from it so they can make money as well. For me, that means that they have no bad intention for us, and they’re not here to deceive us. Except for those who are obviously doing just for money without even thinking if their contents are helpful or not.

To those that have money, money is not always enough for them. If you invite or introduce them to a new business, they will jump into it fully to make more money from it without minding the risk involved.

The information they say is "power" and some of those online influencers that are into affiliated marketing are doing it for the money.  They don't care about the information they dish out to the general public whether is something that will bring people's downfall or not. That's not their concern as long as there is pay at the end of each affiliated video uploaded.

That is why you see many people turning themselves into crypto influencers because of the likes, views, and money they will end up getting at the end of the trading videos they uploaded

This is why as a viewer then you should really be that wary about on the videos or streams that you are really that seeing.You are on the age which you could already think on whats good and whats bad and its really just that impossible that you cant really be able to assess which things are meant to be dealing with or something that must avoid. Its true that they are really just doing things and been paid on what them told to do so and its never been their concern on what their viewers would really be ending up, unless if its a scam then they would really be that included into those people who would really be needing to face up the consequences but for a known influencer then it would be impossible that they would carelessly accepting offers or jobs that would really be tarnishing out their reputation that they had built for so long.

It is really just that there are people who are really that naïve and really that following someone blindly and making out deposits directly just because they are seeing that the influencer is really that making huge
money specially on gambling and they would really be reflecting themselves to be winners until they would be busting out themselves and crying out like babies and ending up on regreting.
This is just as normal scenario i should say.

If their jobs are potentially harmful for their followers, they should think deeply and carefully before taking action. They are influencers because they have high number of followers, big communities so they must think more carefully before they shill any project, even they think it is their job.

As a person who does not have many followers, my words mean nothing and won't affect many people but as a big influencer, if they shill a scam project, many of their followers will be scammed.

In some nation like in the UK, shilling projects will be regulated more and considered as illegal. They will ban all advertisement of gambling casinos in Premier League.

Even Unpaid Social Media Crypto Promotions May Breach UK Ad Rules: Financial Regulator

Crypto affiliates and influencers only do their job, namely influencing their followers or audience in general to follow those they affiliate or influence. In this case, when they are paid to promote or influence other people and especially work together as affiliates, they will do various things to attract new customers or their users. In this case, it could be that they actually don't care what the project is, but they only care about the rewards they can get when more and more people watch or even participate directly through their affiliates. This will be profitable for them. So most of them won't care what happens next to the people.

That’s how people these days are maximizing their income because they never focus into a single source of income. Instead of sole trading, if they think they have the high knowledge and trading skills, then affiliating and YouTubing are just perfect for them. As long as they never feed people with wrong information, that’s actually very fine. They can get decent profits out from them, even much higher than what they can gain from trading.

And that is the question every single would-be trader needs to ask to themselves, if a person is making a killing with their trades then they will have no desire to share that information with anyone, as what is the point of putting a target on your back and tell anyone that cares to listen that you are making a lot of money by trading? In that case the right thing to do is to stay quiet and tell no one, and since influencers do the opposite then it is easy to guess they are making no money through trading.

Whether following or trying out to buy or deal up with things on what you do see on the influencer that you've been wathcing.Cant really be denied that these fellas could really make out that kind of influence in regarding into the decisions that you would be making and they arent called "influencers" if they arent really those people who dont influence someone. lol. This is why it would really be that wise or making use of your own common sense when it comes to decision making specially in deal with money or spending because if you do let yourself that easily get influenced or following someone in regarding your decisions then it most likely it would really be ending up on a disaster and this is something that must be avoided.

Make your own decisions basing with your own intellect. Its not bad on following someone but dont make these people as your idols or the ones who would really be dictating out on the things that you must do because
in the end of the day which you are the ones who would really be that affected on the time that you had made out bad decisions and this is something that needs to be look upon. There are people who are really that
very hard headed on which they would really be doing things which they do have in mind until they do get wrecked up and this is where late realization would kick in.

It seems like it's undeniable that a lot of people believe influencers, even if the information or whatever they deliver is ultimately garbage. I wouldn't say all influencers are self-serving, but most of them are. They get paid and they don't care about the impact of what they say or do on their followers. You could say the benefits are for him and his followers or people who believe in him, and the losses are only for his followers.
Some of them are responsible, but some of them are not. But we can't stop this, because this is part of the times. It is up to us to filter which ones we can follow and which ones we should not.

I don't see any problem with being a crypto affiliate and an influencer. It only gets bad when they try to feed their viewers with false information just for the sake of earning views and money. Because the time you become a public figure, you are now responsible on your audience because that is your job and you're getting paid for it, and might as well do your job properly. And as viewers, we are also responsible on who we should and should not follow because not all information we see on medias should be consumed. I would also like to emphasize that not everyone we see on social media is an influencer, it is actually a big word and it should not be used by anyone who just posted video on youtube and the likes, and then quoted themselves as an influencer. Because for you to become an influencer, you should have a wide knowledge about a certain expertise, for example crypto, and you should be able to influence your audience positively. I have known several influencers, and I still follow them up until now because they've become a big help for me when I was just starting to learn about crypto.

I strongly dislike the concept of "influencers". They make people do things, not because they believe it makes sense but because they don't realize the person who recommended it uses them to earn money.
This becomes instantly very obvious send influencer's account gets hacked, and naive idiots give a million dollars to a scammer. People should think for themselves.

If you want to influence someone, do it with knowledge instead of fame. Unfortunately, you don't get rich from that, which is why we're stuck with BS "influencers".

The funny thing is: most people who realize people post on Bitcointalk for money, don't realize people post on YouTube for much more money.

I think trading is a hard job, but making a video to tell about trading is even harder. Yes, it is true that there are many YouTubers who do not earn from trading but from paid promotions, or rewards. I think YouTubers who create and upload videos on YouTube and social media accounts on a daily basis do not have time for trading.They only report daily news that promote a project or tell about investing in top coins.

However, there are YouTubers who invest and trade themselves and make videos every few days to educate people about trading or investing,but majority are people who have good followers and on the basis of large number of followers they are hired by various projects to attract people to their projects which they reward them for free.


You are right that there are some of them who also register you with various exchanges through their link, which gives you a discount on trading fees on the exchange. I think no one will be motivated to make videos after getting tired of trading because it is a hard work and tiring job. However, all people talking about trading on social media accounts should be watched, as we can get good experience and information from them, but the decision should always be our own. Trade should be done after doing our own analysis and research.

Whether if they are for fame and they want sponsors as much as possible, they are still creating a content. Usually if the content that they are promoting is a paid one, there will be a "paid" word that we will in that video.

The creator can also say it whether in the caption or within the video. I like it if they does this because it can give us a disclaimer about the risk that we might face. Even those creators didn't get a sign up, they can still earn something. For those who don't have a sponsorship, they need to try their best to convince their audience and they can even lie just to get a secure sign-up because this is the only way for them to earn.

That is still not really a smart move. I mean just because you want to trust that influencer and just because you have the money for it, doesn't mean that you should be free to make a mistake. I mean you ARE free to make a mistake but that doesn't change that it's a mistake. We should be careful about it and not really make these kind of mistakes, we should be careful about it.

I personally believe that the best thing to do would be making sure that it is going to end up with a solution that would be a lot worse and should be a lot better on the long run. I think we could end up with a result that would change things for the long term and for that to be important we need to end up with a deal that would help people and this will not help them.

creating video content for YouTube or so on is not more difficult than trading, i know there are some influencers who don't make anything from trading but only make money from affiliate rewards that they distribute through their content links.  Just pay attention to influencers who diligently upload videos on all their social media accounts, do they have time to trade? Trading is not an activity for 1 hour or 5 hour, but for many hours. Apart from that, when you are tired of trading, you still have the enthusiasm to make videos! their work is purely as content creators, they only use their trading activities to attract viewers to register through their affiliate links, trusting them is fine but don't trust them 100%.