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.
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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.
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