Be wary of predictions or analysis from self proclaimed crypto experts on YouTube. They are not trying to give advice. They are either getting paid to shill, help do a pump and dump, or simply make videos for entertainment purposes.
2 min read
YouTube videos with clickbaity titles/thumbnails are everywhere. It’s made to draw attention. Would you really take advice from someone that has [X] coin x1000??? 🚀🚀🚀😱😱😱😱 in the title or thumbnail of his video?
The end of year is closing in and a lot of shameless shill videos are being made. A friendly reminder to be very wary of these videos. These so called “crypto experts” are not trying to give advice. They are either getting paid to shill, help do a pump and dump, or simply make videos for entertainment.
Also.. it draws to my attention that there are a lot of technical analysis videos being made. Proper technical analysis takes a lot of study, experience and perhaps a degree in economics. 99% of the technical analysis video I have seen are 20-year-olds doing some weird woo-woo and random line drawing. The crypto market is irrational and to a certain extent… nobody really knows what is going to happen.
I listed some YouTubers that I personally never ever would take advice from:
Bitboy K Crypto Joe Parys Coinskid Crypto Banter A Chain of Blocks MMCrypto Chart Champions RUN GUYS Conor Kenny CryptoJack Craig Percoco
Some of these channels are worse the other. And some actually are more nuanced than the other. But still…
Just have a look at some of the titles:
CRAZY 400x Altcoin Gains.. Don’t Miss The Next One🚀🚀 (Conor Kenny) TOP 3 ALTCOINS I’M BUYING NOW 🚀 – 100X GEMS JANUARY 2022 (K Crypto) 100X AltCoins YOU Can GET IN EARLY ON! TOP AltCoins to BUY NOW! (A Chain of Blocks) 🚨BITCOIN WILL BREAK WITHIN 8 HOURS!!!!!!!!!!!!!🚨 (MMCrypto) METAVERSE – THE NFT GAMES THAT WILL EXPLODE 92,000% IN 2022 (RUN GUYS)
Happy holidays and take care.
submitted by /u/pepperonimilkjuice5
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