Topic: YouTuber's hype video is not good advice - page 2. (Read 309 times)

No doubt YouTubers are good at promoting fud and negativity towards Bitcoin and crypto as a whole. These has affected lots of people aka newbies who are just joining the system newly.  As we all know, YouTube is a business hub for influencers so everyone of them would want to promote their content to gain click and revenue from streaming and also their endorsement from brands who approaches them for promotion but where I seems not to get it right with team is the concerns you have raised OP.

Influencers fail to conduct their due diligence before going on air to do or say anything about a project. Since they have a large massive fan base, they just promote whatever ever comes their way giving it out to their followers without asking questions but they fail to do all these. What they are after is their pocket forgetting the reputation they had built with time.  At the entire end their fan base gets stucked in projects they have promoted  without any remedy losing funds invested.

Not all of them, I have been following content creators who are honest in their reviews and their dedication to bringing the best content when it comes to Cryptocurrency, but I agree there are a lot of content creators who create hype and FUDS to generate views and likes these are people who have monetized their channel, they don't care about what's true and what's not they only want views and clicks and to maximize their profit, they sensationalize stories to do that.

You can easily feel their intention with how they use shill in their content, your time is valuable so if you're going to follow content creators and watch their videos be sure to check how they present their topic and what you feel after you watch the video, from here you can decide if the content creator is worth following.

99% of YouTubers are crooked, they don't even have a deep understanding of what they are talking but they still have to make a video to keep their views steady. YouTube is a place where you can learn a lot but unfortunately, most of them are misleading, clickbait, and wrong information to get more views so it is your responsibility to cross-check the data they are providing to you.

And why the hell Youtubers are trying this hard for a few hundred dollars of AdSense revenue if they can predict the trillion-dollar market?

Although I haven't followed many of his videos but this guy is known to the community, Andreas Antonopoulos.

https://www.youtube.com/@aantonop

As you browse below that channel, you'll see some vids for beginners.

He's got book as well. He can be one of your reference if it's about the YouTube as platform but still, make sure that you do reading as a habit because there are more valuable materials that you can read than of these videos.

I know that we've got different sense in acquiring knowledge and videos are like a shortcut of it with visuals.

I won't say that you won't find some good, honest and informative videos on YT, but I think that there are very few of them and that it is quite easy to get lost in the pile of videos that the OP is talking about. Maybe it would be better if you start reading about some basic things instead of videos, and I think it's much easier to filter such content.

To begin with, I would recommend you to visit - > https://bitcoin.org/en/ and to pay special attention to the section called Resources.

Crypto YouTubers aren't ashamed of using a clickbait title to lure viewers, they are doing so to make money, and it's true that these people are just entertaining crypto investors, this is how I view this whole thing, it's better you do the same because not all what these people are saying in their video will happen for real.

Few altcoins that did very well in 2021 where not mentioned anywhere online, I am used to watching videos and I have get ti know that they are doing this on purpose, if they tell you a coin that will do well you buying it will increase the value and they won't be able to accumulate for cheap price.

If you are going to pick some new projects yourself make sure people are talking less of the project on Youtube, most of these YouTubers are shilling coins so that their viewers can buy them and they will dump on the viewers unless the coin is top notch, this people can't be trusted, so be careful.

They, Youtubers, who create content, videos on Youtube only care about traffic, followers, views for their Youtube channel and their Youtube videos. Quality or not, they don't care but if they have high number of followers, their channels will have more chance to get money from sponsor videos.

With sponsored videos, you can not expect Youtubers to have neutral advertisements for sponsors, projects hire them to advertise.

Your screenshots are good enough but some Youtubers are scammers. They will create videos like x2, double your money by making a deposit to their address, then they will send you a doubled amount.

Could you recommend crypto-related YouTube channels for a beginner?

Everyone must remember that YouTube is a video sharing website and everyone's opinion there is welcome as long as they're not harmful and they don't go against the platform's rule and policies.

Even if you like what you're watching there and those content creators that are making positive videos about Bitcoin, you still need to guard your heart.

It's because you'll never know that because of too much praise of what's happening in the market and you're just nodding to anything they say, that's quite alarming and you need to do some waking up.

And much more with the negative news and videos they make, always verify and that's simple as that.

this is the bad side of the information that the content creator wants to convey. they know the gap to get more people to visit their content. although most of the images, titles, and descriptions do not match the actual content. we have to admit a trick from them to get attention. those who are more experienced will rule out such content creators, regardless of whether the content is truly interesting or not.
We as readers and people who follow developments in information must be more alert to the information circulating.

You're right, OP. I also learned about the forum through a YouTube video. And what the YouTubers weaved there—you can only laugh now. There was so much unconfirmed information that, for me, YouTube has only been an entertainment app since then. But many people still watch old videos and believe what is shown there. And what’s going on YouTube these days can be called a dump, and to dig up something interesting, you need either recommendations or the competent opinion of the beholder.

YouTube could be used for educational purposes, like going there to acquire some crypto knowledge and watching some interviews with previous dignitaries who have made names and successfully completed projects, from which someone can learn something. But you see these guys who say, "Oh common, check this altcoin, which is going to do 100 X in the next few weeks." I avoid those channels, as they will only end up wasting my time and data.
 
If their information is as true as they claim it is, they will not even come out in the open and give it out for free; it could have been sold to some VIP members of theirs. Those channels are being controlled by those who are paid to promote a particular project and hype the coin to the top, which is what they are known for, and we should always disregard information from such people. That's why people come to places like this forum to acquire real information, as no one is paid to talk in favour of a particular project, but opinions are given based on known facts.

This is really common these days, I am just really worried on upcoming bull runs and especially once a lot of people already introduced with cryptocurrency and that time a lot of so-called "influencers" will take advantage the platforms or their fame to make money on the people without doing any research and just promoting random projects that will lead to losses on investors especially the new ones.

Certainly not a good advice. Know that they are not here to actually help us, but to help themselves and attract profits for their own. And if we think that they are educating us, no they’re not responsible to educate us, but they should be educating theirselves so it will be easier for them to attract and lure us whenever they need us to pay for subscriptions that at the end of the day, they are only the ones who are benefiting. YouTube could be a learning avenue for some, but unfortunately a lot of people here in YouTube are not seeing that way, because they are using it just to scam us and steal funds from us.

Those who falls cheaply using youtube are those who does not know their bases especially those who are eager to know something about a particular thing can easily get lured into fake information on youtube that is why, I do always advise anyone who is curious to know something about a particular field to meet with the person who's already in that field than doing it your own or trying to be smart to learn it from youtube this can lead to a serious damage or falling cheaply into the wrong hands and not everything posted on youtube are legit. Some of them did that to attract subscribers and go build their pages.

Anybody who relies on YouTube for information should be ready to always receive fake news. Most of the people who claim to be crypto analysts are a hungry set of people seeking where to feed from. They are willing to promote any news or shitcoin for monetary gains. Most of their predictions are based on unverified speculation. There might be a few crypto YouTubers who give genuine lectures or predictions but we should always do our research before making any decision.

Don't also believe the predictions of influencers and celebrities in social media because many of them have been paid to promote projects that they know nothing about. Some of these shitcoin or crypto projects will end up becoming scam businesses making customers lose their funds. Kim Kardashian and Floyd Mayweather were recently sued for promoting a shitcoin called EthereumMax which lost almost 97% of its value in a few months after the pump.

YouTube is only famous to naive or newbie cryptocurrency investors because most of the information shared on there is promo bases or just for monthly earning purposes of the YouTube channel owner. Besides, I don't know why anyone will totally trust the information shared by crypto influencers on YouTube when most of the advertised shows are literally scams.

Every hype in the market is not a piece of good advice and that's why the US authority penalized some influencers this year because their hype has done alot of damage to alot of new investors investment.

The title and thumbnail image can be a trigger for viewers to open the video. That is one of their strategies. Viewers are not stupid in choosing channels to search for information about crypto even if the title and thumbnail posted make them open the video.

For example, I will skip 10 seconds by tapping twice quickly and doing it repeatedly to get what is being said. Rarely 10 seconds, often I skip 20 seconds.
If what is being discussed is just nonsense, then without thinking, I immediately exit the channel.
Instead of watching them yawn without content, I'd better watch other content that invites laughter.

I haven't gone through the whole topic but after scanning it I can be sure here OP is trying to cover the FOMO created by these YouTube crypto influencers. My personal experience is their primary motive is to attract people to buy their premium membership, which is full of shity signals etc etc.

OP I would just say that most of them are comedians, Bitcoiners believe in "Silence can be your loudest statement."

YouTube is very famous when people want to find out more information about crypto and it's always generating many clicks for YouTubers. But unfortunately, information quality is not very high for most videos because of hype and clickbait videos.

It is very important for us to know YouTuber's hype video is not good advice.


YouTubers want to create hype, not quality information

An important point for each YouTuber is to generate clicks and views and followers.
And to get clicks and views and followers, it is a strategy from many YouTubers to launch hype videos, where outrageous claims are made, such like:
- Bitcoin will crash (soon)
- Bitcoin will die (soon)
- Bitcoin will make new all-time-high (soon)
- Altcoin will overtake Bitcoin (soon)
- Altcoin will die (soon)
- …

It is always similar strategy for YouTubers to create hype instead of presenting normal information. It is very dangerous because accurate information is not presented. Instead, reality is hyped and exaggerated.
= information quality is suffering and sometimes very misleading


YouTubers spreading HATE and FEAR (FUD)

It is also very efficient for YouTubers to spread hate and fear because it's also generating clicks and views. Many people will get worried and click such videos to find it out but all information is just unjustified FUD, resulting in damages.
One reason is YouTuber’s greed to generate clicks and views and also a reason is for example, Russian propaganda. It is also possible, YouTubers are getting paid from Russia to spread hate and fear, as Russia has many loyal serfs on YouTube.
For us, such YouTubers are very dangerous because it’s facilitating
- Hate
- FUD
- weak hands and more sell pressure because people don’t trust to HODL

It is scientifically proven for hate and fear (FUD) to generate more clicks, so it is a common strategy for YouTubers to get more clicks and views.

Be careful when you see hate and fear (FUD) on YouTube.


YouTubers getting paid to advertise a project

Very often, big YouTubers are getting paid from a project directly to present it in a positive way. Some projects pay YouTubers directly and hope to get more investors due to positive YouTube videos because many followers trust, what YouTubers are publishing even it makes not much sense at all.
For a high payment by projects, many YouTubers will only mention positive facts and forget often to inform about risks and flaws of a project to get many followers to invest.
Or it's about a shady exchange, where YouTubers will also get a profit if you sign up from a referral link.


YouTubers are trying to distribute referral links

A significant amount of YouTube videos is made in hindsight to collect money by referral-links.
For such YouTube videos we'll find a referral link mentioned somewhere which will lead us to to an official project site, where we can register to invest. Of course, a YouTuber who will mention such projects and mention his referral link, will get a reward if we click his link to join, register and invest, often a percentage of our amount invested. Of course, any YouTuber will be interested to make you join and invest a huge sum because of his profit.

A famous hype channel was (or still is) Trevon James, who advertised heavily for a known scam, Bitconnect.



Conclusion

YouTuber's content is often of very low quality and only based on hype:
It is very easy to detect, when we view some YouTube presentations, where it’s often clickbait:





It is very clearly clickbait.
For us, we should always know: YouTuber's hype video is not good advice. It is not well researched and low quality content.