Did you follow the content creator's advice?

[bayu7adi]

Not all the content creators are given the right informations, some were just there to make their own way through and pass anyhow information to the public without considering any negative effect from what they are giving, we can also to an extent trust in some other few, because we are very sure of the way they give out informations with an overtime consistencies of accurate disseminations or content creations..

Another logic that makes sense for content creators who often provide predictions is... if they have accurate predictions, then they should be kept secret and seek their own benefit through the predictions... not to be disseminated to the public just to get viewers and a little money from advertising programs....

So, predictions do sometimes raise many questions... but what we can take is another point concerning analysis... sometimes as humans we have missed something important because in scanning details, we also often make mistakes... analysis from content creators can be used as other materials to study related coins... and it can also be used as good supporting data for conducting cryptocurrency analysis.

[|MINER|]

Another logic that makes sense for content creators who often provide predictions is... if they have accurate predictions, then they should be kept secret and seek their own benefit through the predictions... not to be disseminated to the public just to get viewers and a little money from advertising programs....

So, predictions do sometimes raise many questions... but what we can take is another point concerning analysis... sometimes as humans we have missed something important because in scanning details, we also often make mistakes... analysis from content creators can be used as other materials to study related coins... and it can also be used as good supporting data for conducting cryptocurrency analysis.

I think all people in the world never want their earning secrets to be known by others. And if you look at content creators, you'll see even more. They just need views for getting more ads and click and that is how there income increase. So in these cases you will also see on their content they will make the title and introduction with very attractive so that people can click their content.
So if one person want to believe those content creator for investing in crypto I will say they must be face losses in most cases.

[libert19]

Another logic that makes sense for content creators who often provide predictions is... if they have accurate predictions, then they should be kept secret and seek their own benefit through the predictions... not to be disseminated to the public just to get viewers and a little money from advertising programs....

So, predictions do sometimes raise many questions... but what we can take is another point concerning analysis... sometimes as humans we have missed something important because in scanning details, we also often make mistakes... analysis from content creators can be used as other materials to study related coins... and it can also be used as good supporting data for conducting cryptocurrency analysis.

I think all people in the world never want their earning secrets to be known by others. And if you look at content creators, you'll see even more. They just need views for getting more ads and click and that is how there income increase. So in these cases you will also see on their content they will make the title and introduction with very attractive so that people can click their content.
So if one person want to believe those content creator for investing in crypto I will say they must be face losses in most cases.

Once one becomes experienced enough, the very same titles these CC make to bait viewers become red flags to stay away from.

[MrSpasybo]

Not all the content creators are given the right informations, some were just there to make their own way through and pass anyhow information to the public without considering any negative effect from what they are giving, we can also to an extent trust in some other few, because we are very sure of the way they give out informations with an overtime consistencies of accurate disseminations or content creations..

eah, many of them don't even understand blockchain technology and how to use a crypto wallet. All they have is millions of subscribers and the excitement of making quick profits from investing in crypto during bullrun. To me, they're a danger to retail investors because they don't have enough knowledge and experience to share with their fans.

Experienced investors often have high-quality videos but sometimes they don't know how to do media so they can't reach investors and loyal audiences. However, I see that as a good thing because only those who really need knowledge and news deserve to have them to make profits in this market. The crowd will always lose to feed this market!

[TomPluz]

Have any of you here followed the suggestions given by content creators on social media which can be obtained for free? And how big an impact does the decision-making method of using influencer references have on your finances?

Personally, I listen to some of them so I can internalize the things they are saying and for me to compare whatever ideas they are sharing to what I know and what others are also saying. I don't necessarily follow what they are telling people as I am always taking any idea from these people with grain of salt...all because they are just here to get the traffic to their videos so they can earn some money. Most of them - if not all- are just also speculators just like all of us although I would say, in fairness, that there are some who are really knowledgeable to the subject of cryptocurrency.

[lepbagong]

Have any of you here followed the suggestions given by content creators on social media which can be obtained for free? And how big an impact does the decision-making method of using influencer references have on your finances?

Personally, I listen to some of them so I can internalize the things they are saying and for me to compare whatever ideas they are sharing to what I know and what others are also saying. I don't necessarily follow what they are telling people as I am always taking any idea from these people with grain of salt...all because they are just here to get the traffic to their videos so they can earn some money. Most of them - if not all- are just also speculators just like all of us although I would say, in fairness, that there are some who are really knowledgeable to the subject of cryptocurrency.

Everything is returned to the individual to be able to determine whether they want to accept it or not, because the person who will receive the impact is themselves. There are things we can accept and there are things we cannot accept, but it is better to adapt it to the perception we really want to get.
I also have to say that what you are saying is something that happens, that many people are speculators, no different from people who are just learning and knowing, but want to benefit from the shows made on their channels. It is not impossible that there are indeed experts in crypto who can provide good education.

[Aanuoluwatofunmi]

Honestly, we have to be careful from what we received from the online content creators because not all of them were as reliable source of information to that extent, but when we are hearing some from a reliable source in which we are sure of their consistent accurate information dissemination, we may take them and also research further from there, internet today is full of various information which could misguide us if we are not careful on their sources.

[EluguHcman]

To me the contention of the content creators is just to display advertisements that a particular coin do exist then I jects out to make research about the coin.
I don't seat longer listening to their decorated overwhelming talking of hyping the coins even though the coin does not have the potentials.

Infact, most content creators are more of self interests and not with t be trusted.

[lepbagong]

To me the contention of the content creators is just to display advertisements that a particular coin do exist then I jects out to make research about the coin.
I don't seat longer listening to their decorated overwhelming talking of hyping the coins even though the coin does not have the potentials.

Infact, most content creators are more of self interests and not with t be trusted.

It must be admitted that there are indeed those like you said, but there are also those who do not and do intend to provide education, although all of them are not and may not necessarily match between themselves and those who listen. For that, always sort it out as best as possible and adjust it to our needs, because it will not be the same for him and for others.
I think that if the content creator has a certain mission, then it is not impossible that what you say can happen because it is indeed intended for him and those who sponsor him.

[taufik123]

-snip-
Infact, most content creators are more of self interests and not with t be trusted.

Yes, and of course they will refer to the coins they support other than Bitcoin, because Bitcoin is the main coin that is supported by everyone.
Some content created by influencers will target ordinary people to follow them to choose the same type of project that is recommended.

But there are also some honest influencers who really educate how to choose a good project and how to do trading.
I also often watch on YouTube and see various content on X to add to my insights.

[LogitechMouse]

-snip-
Infact, most content creators are more of self interests and not with t be trusted.

Yes, and of course they will refer to the coins they support other than Bitcoin, because Bitcoin is the main coin that is supported by everyone.
Some content created by influencers will target ordinary people to follow them to choose the same type of project that is recommended.

Unfortunately, there are some people who are investing into the project that these influencers are recommending because they're just following them. I mean I don't know the logic why there are still people who are relying on these influencers' recommendation of projects and invest on them not thinking of the possible risks that they might face. Relying on these influencers is like throwing your money away.

But there are also some honest influencers who really educate how to choose a good project and how to do trading.
I also often watch on YouTube and see various content on X to add to my insights.

I don't know if it's me only, but I hate those influencers that are promoting new projects or even a particular project on their channel. It's pretty obvious that they're doing it for money, but why tarnish their reputation through promoting these projects especially those new ones that has a high chance of scamming investors. Anyway, they don't care because they will not be blamed once that project that they promoted on their channel became a scam project because they say "THIS IS NOT A FINANCIAL ADVISE" blah blah blah.

[taufik123]

Unfortunately, there are some people who are investing into the project that these influencers are recommending because they're just following them. I mean I don't know the logic why there are still people who are relying on these influencers' recommendation of projects and invest on them not thinking of the possible risks that they might face. Relying on these influencers is like throwing your money away.

There will always be people who follow the investment advice of influencers, because their target is people who don't really know how investing in crypto works.
Those who are beginners will only look for people who look smart in crypto and have a lot of followers and quite interesting content.

[bhadz]

I don't trust wholly them. I watch them for entertaining purposes only and for some updates in the market and news. But about advising what to do on the current state of the market, I am not following any of their advice, what to buy and what to do. We've got our own brains but if you think that advices coming from them are quite good enough then that means that it's totally fine for you to absorb their teachings and advices, I might just pick some of the helpful but not all of it are.

[LogitechMouse]

Unfortunately, there are some people who are investing into the project that these influencers are recommending because they're just following them. I mean I don't know the logic why there are still people who are relying on these influencers' recommendation of projects and invest on them not thinking of the possible risks that they might face. Relying on these influencers is like throwing your money away.

There will always be people who follow the investment advice of influencers, because their target is people who don't really know how investing in crypto works.
Those who are beginners will only look for people who look smart in crypto and have a lot of followers and quite interesting content.

That's the problem right now. They're being mislead by these "SMART" influencers, and they're attracting their newbie followers to buy the token that they're promoting because after all, they got paid, and they need to do what the project owners said to.

This is why we always say to newbies here and there that they should not invest first if they're lacking knowledge, but they can easily get attracted by the profits that they're seeing online. These influencers aren't smart at all. I've watched some influencers in the past that are promoting new projects (although I didn't invest into any of them), and they're just reading what's on the website, and just adding some flowery words so that these newbies will be attracted hence, investing to it.

It's just sad that we are seeing newbies getting scammed indirectly because of these influencers, but I guess that's how investing works.

[taufik123]

-snip-
It's just sad that we are seeing newbies getting scammed indirectly because of these influencers, but I guess that's how investing works.

I don't know how investment works that you think is interesting, but influencers are needed in any promotion to reach a large audience.
It's like a hoax of all that will only be good at the beginning and then will only pay off for making the wrong choice due to the influencer's influence. I wish there were more beginners who needed to learn how to avoid financial advice from others and stick to their research.