Pages:
Author

Topic: Stay away from crypto influencers - page 9. (Read 3819 times)

legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
May 03, 2023, 01:09:44 AM
these influencers are most of the time quite detrimental towards our decision making in term of financial investment, they just creating financial advice which is not exactly financial advice based on their own interest and the result you could guess it will definitely an exit liquidity for them.
Basically they're doing advertising like that because they're being paid for it, and I think there's a lot of that kind of thing. therefore, we as potential investors must be smarter in making decisions. do your own research is the most recommended. even when you do research wrong, you still gain experience from it. keep learning, and make your own decisions. You can hear a project from an influencer, but you can't believe it 100%. you still need to do your own research.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
May 02, 2023, 06:55:28 PM
Many influencers share different types of links which are risky to visit. If we visit these links many times our wallet gets hacked or while swapping one token another token goes out from the wallet. So instead of blindly trusting these influencers, we should do some research ourself. Because the satisfaction of one's mind is very important.
And you'll never know if they're legitimate or not so better not to click any of those. Well, most of those links are for tracking how many referrals they've sent to the project they've advertised as that will determine the effectiveness of the influencer that was hired to do some advertisement of the project that has found them. Be careful and it's such a good reminder because many influencers don't do their research if the project they are contacting is legitimate and if the links given to them that should be shared are safe or not. It's true that there have been a series of influencers that don't care for the safety of the people that will reach by their influence if those are malicious links or just for tracking or any other unsolicited purpose instructed by the project they've paid to work for.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
May 02, 2023, 06:38:04 PM
these influencers are most of the time quite detrimental towards our decision making in term of financial investment, they just creating financial advice which is not exactly financial advice based on their own interest and the result you could guess it will definitely an exit liquidity for them.
jr. member
Activity: 164
Merit: 2
May 02, 2023, 02:21:46 PM
Many influencers share different types of links which are risky to visit. If we visit these links many times our wallet gets hacked or while swapping one token another token goes out from the wallet. So instead of blindly trusting these influencers, we should do some research ourself. Because the satisfaction of one's mind is very important.

if there any harmful site connecting to our wallets that can be remove by using security services like revokecash..there are more services available this service is used by peoples in communities that I being on.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
May 02, 2023, 02:11:47 PM
Naturally, if a project wants to be known by a large number of them, they will use marketing tactics to promote their product, as in the case of influencers, and they are not mistaken because it is their work regardless of everything. Of course, we still have a choice and must respect one another. Furthermore, those making investments in new projects must exercise extreme caution to ensure that we do not misinterpret any of their marketing efforts because they also carry out their own work, and even though there is little chance that the same reality will materialize, advertising is still taking place.
member
Activity: 378
Merit: 26
Be Happy ☺️
May 02, 2023, 10:54:29 AM
Crypto is in such a position at present.  If someone wants to invest in a token, if anyone doesn't do a complete research on the token and market, many people are faceing loss for this reason. 

Yes, you are right the number of crypto influencers has increased day by day at the present time.  Many of them are working for money.  But all crypto influencers are not same who are real crypto lovers never do this kind of things and don't do work for money.  There are some unscrupulous crypto influencers out there giving bad names to good and genuine crypto pros for a small amount of money.
member
Activity: 994
Merit: 14
May 02, 2023, 09:53:18 AM
You are very correct. Most of those influencers on YouTube are paid to do it and some of them do not even have their personal monies in those projects. They just come with sweet tongue and sugar coated lies about how certain project will change your life for ever and if you are stupid enough, you fall for it.
I don't rely on those people when making research about projects I plan to invest in.
They're just saying nonsense which we don't have to take for granted,
don't be easily fooled by trivial things like that and that's why it's important to have knowledge,
Influencers' words should not be used as a guide and it is better to do in-depth research.

Yea. Some just cramp the project white paper and start pouring it out there as if they are part of the team developing the project.
Some times, when I see a project with too much fuss around it, I tend to look very closely before putting my money in it.
full member
Activity: 1526
Merit: 110
May 01, 2023, 11:22:40 AM
Many influencers share different types of links which are risky to visit. If we visit these links many times our wallet gets hacked or while swapping one token another token goes out from the wallet. So instead of blindly trusting these influencers, we should do some research ourself. Because the satisfaction of one's mind is very important.
full member
Activity: 1064
Merit: 101
May 01, 2023, 10:38:00 AM
You are very correct. Most of those influencers on YouTube are paid to do it and some of them do not even have their personal monies in those projects. They just come with sweet tongue and sugar coated lies about how certain project will change your life for ever and if you are stupid enough, you fall for it.
I don't rely on those people when making research about projects I plan to invest in.
They're just saying nonsense which we don't have to take for granted,
don't be easily fooled by trivial things like that and that's why it's important to have knowledge,
Influencers' words should not be used as a guide and it is better to do in-depth research.
hero member
Activity: 1666
Merit: 513
Leading Crypto Sports Betting & Casino Platform
May 01, 2023, 10:04:17 AM
Stop following crypto influencers, those of you who like using YouTube videos to pick coins and tokens to invest in you need to hear this, those crypto influencers on YouTube are getting paid to promote those projects they are chilling, why would they promise you 2x or 5x when they aren't part of the team themselves? They did this because that's how they make their own money. He who have hears let him hear.

Most of the influencers who promotes different token benefit a lot to the token they are promoting. If the influencers has many followers they could easily attract investors because their followers believes in them. If their followers invest on that particular token definitely they will get referral fees. As an investor we need to be more extra careful and do not just believe influencers. We should do our own research because it is our own capital to invest and not theirs.
Influencers job is to attract ordinary investors to any new project or coin offered by project owner. Influencer get huge amount of money through this work. They may also provide fake news for exaggeration at times to promote any new project. But here an investor has to exercise utmost caution. Usually when influencers do promotions they want to convince you of certain things so that you are encouraged to invest of that particular project. Remember that influencer promote a project for his personal interest. You will never get those influencers after investing. So should not invest in any project or coin by the Influencers word. One should consider the risk factor and other factors before investing any project.
member
Activity: 994
Merit: 14
May 01, 2023, 09:45:48 AM
You are very correct. Most of those influencers on YouTube are paid to do it and some of them do not even have their personal monies in those projects. They just come with sweet tongue and sugar coated lies about how certain project will change your life for ever and if you are stupid enough, you fall for it.
I don't rely on those people when making research about projects I plan to invest in.
member
Activity: 187
Merit: 18
May 01, 2023, 08:19:10 AM
Yes I totally agree with you but NOT ALL youtubers are the same because of them give genuine advice that would really be helpful if you are beginner that just started getting into crypto but Majority of them are really not trustworthy and would always know when get out while they keep suggesting you all to hold. Sadly this isn’t the case only with cryptocurrency but anything in general because everyone’s getting paid to promote regardless of whatever it might be so fair play to them, Just be carful and think it out.

P.S - If you found my post useful I’d appreciate if you send merits as it would help my account grow  Smiley
sr. member
Activity: 938
Merit: 303
April 30, 2023, 11:53:04 PM
      -  Even when I didn't believe in influencers who encourage you to buy these coins in cryptocurrency, as long as they are promoting something, I don't just believe in that.

Because most of them are just hyped to be honest. That's right, it's only done for the views because that's what they earn on YouTube and Facebook that's how I know and there's a lot of money to be made with this method.
jr. member
Activity: 140
Merit: 4
April 30, 2023, 08:20:02 PM
Stop following crypto influencers, those of you who like using YouTube videos to pick coins and tokens to invest in you need to hear this, those crypto influencers on YouTube are getting paid to promote those projects they are chilling, why would they promise you 2x or 5x when they aren't part of the team themselves? They did this because that's how they make their own money. He who have hears let him hear.

Thats totaly true,some exceptions offcourse. But in most cases its just blind reading of text.  Angry
hero member
Activity: 3052
Merit: 651
April 30, 2023, 07:47:54 PM
I don't like those video creators who shill projects for their own purpose. But let's not generalized every vlogger because there are still many of them who are doing it for a better purpose, giving out their deep analysis and just basically providing information. I have seen this one guy before, and I knew he is doing it because he just loves the project itself. Gala games.
When I tried to do my own research, I have seen it really does look like the project has a good feature and it actually did, proven right now. They are not stopping at creating different games and their Discord server is filled with people who are supporting them. From shooting games, turn based, and strategy games, they have it, they are really focused at serving their customers in the gaming industry.
copper member
Activity: 271
Merit: 40
April 30, 2023, 12:08:03 PM
Some influencers are paid by cryptocurrency projects to promote or shill them despite having a lack of knowledge. If you're an investor or newbie, never consider their financial advice or any recommendation from them. It's better to conduct your own research regarding the project to determine if it's legit or not. 
member
Activity: 2044
Merit: 16
April 28, 2023, 08:36:03 AM
I do agree that youtube shillers are only paid to  create a hype over a project and that's the idea to attract investors such as their viewers and followers. As always DYOR will always be initiated before anything else. You can listen to crypto influencers but the last decision will always be you no matter what. I like crypto influencers that has no bias on project and always taking the neutral side and never encourage to invest on that particular project to make 20x or whatever in a short period of time. I do like George from CryptoRUs which i listen everyday.
full member
Activity: 518
Merit: 184
April 28, 2023, 03:02:19 AM
Stop following crypto influencers, those of you who like using YouTube videos to pick coins and tokens to invest in you need to hear this, those crypto influencers on YouTube are getting paid to promote those projects they are chilling, why would they promise you 2x or 5x when they aren't part of the team themselves? They did this because that's how they make their own money. He who have hears let him hear.

Most of the influencers who promotes different token benefit a lot to the token they are promoting. If the influencers has many followers they could easily attract investors because their followers believes in them. If their followers invest on that particular token definitely they will get referral fees. As an investor we need to be more extra careful and do not just believe influencers. We should do our own research because it is our own capital to invest and not theirs.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
April 25, 2023, 04:57:07 PM
Relying solely on influencers for investment decisions can be risky as they may not always be right.
It's actually risky. You should be the one to be responsible for deciding what and where to invest your money. Some may be good with that based on their experience but it's just convenient for them to do so and might not work for the majority.

Conducting research on your own can be time-consuming but can lead to more informed and independent decision making, which is important in the volatile world of investments.
Something to gain for your own benefit like knowledge and even if it's too time-consuming, it's not a real big thing to think of because the time that you're spending on it sure is a worthwhile thing to do. In investing, there can be some misconceptions and wrong advice that you'll take from influencers and that's why as an individual, you need to grow and work on your path by DYOR. And while it's obvious for some influencers that they're already there to take paid adverts, as an audience we need to be cautious with how they advertise projects because many of them don't do research upon advertising.
jr. member
Activity: 1708
Merit: 3
April 25, 2023, 01:26:36 PM
Totally agreed with it most of those you-tubers are paid to promote project they know little about, Making lots of fake promises to the community.Most of the project ends up dumping the tokens on people and running away at the end not caring to develop the project at all.Also not all influencers are the same,some promote goods projects that ends up performing well in the market. Better to make a very good research about a project yourself before investing to be on the safer side.
Pages:
Jump to: