I tried to watch some crypto influencers on Youtube that is talking about different projects but I'm not following what they are saying. Maybe I'm just watching it just because I just want to watch that's all
. Unfortunately, these crypto influencers have a huge reach in their respective channels that is why there are some who are just following what they are saying and they will follow them until they suffer a loss.
We are watching them coz we the interest to listen to them, in fact, we gain ideas from them as well. Well, some are just telling the truth and some are not, it comes to be usual as these Youtubers might be got paid to promote and some base on their experience.
Either way, following the advices or the projects they are saying of these crypto influencers are a bad idea but just do your own research if you want to or maybe the best thing to do if you are lazy doing research is just focus on top 10 coins but being lazy most of the time will lead you to losses
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I'd listen to those influences that I feel are right, that I feel they have the real background in trading or in investing. To follow them is not a wrong idea but what went wrong is to follow people who are telling lies. As traders, we know exactly whose telling the fact but if we are noobs, that is something difficult.