Crypto Influencer and Trust (stay alert)

In this digital world, we are getting updated almost with time. Various kinds of technologies are inventing new things to make our life easy, comfortable, and faster. In the current time, the development of technologies is super fast and we might not imagine it in the past time.

At the current time, one of the most trending topics is cryptocurrency. Some governments allow it and others do not. Both parties have their own reason behind accepting it or banning it. One of the most important reasons is the volatility of cryptocurrency. But we all know destiny because it's just a matter of time before everyone will use crypto in the future days. Governments are just trying to delay the process. But today I am not going to discuss it. I am here to discuss crypto Youtubers. Sounds interesting!!??

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Accept it or not, it's the truth that Youtubers helped to bring more people into the world of cryptocurrency. Through the help of Youtubers, many people are able to understand what is cryptocurrency. How does it work? what is the meaning of blockchain? What kind of facilities does cryptocurrency provide us? Why we should come into the world of cryptocurrency? etc. etc.
If you don't understand anything about crypto, you can easily search and find the answer to it on Youtube. So the contribution of Youtubers is an appreciating one. Although they provide knowledge, they also earn from making Youtube videos. I don't feel anything wrong in that case and I think they deserve it also.

The crypto market is a volatile market. So there is a possibility to make a handsome profit by crypto trading when at the same time there exists the risk of loss. It's really hard for a newbie how to trade and when to trade. Crypto Youtubers provide knowledge and help to understand. But patience is required and because of it, most people aren't able to understand it very well. People always try to gain something in a short time which is almost impossible in the case of cryptocurrency.

Instead of providing knowledge a crypto Youtuber tries to bring the best project in front of everyone. To understand a project they need to do an analysis which is divided into two parts. One is technical analysis and another one is fundamental analysis. A good crypto Youtuber wants everyone to gain profit and that is the reason that tries to bring the best project why do research and share it with us. They also provide crypto trading signals. I am not saying that all the time there accurate but their intentions are good. And that is growing together. You must notice that I said good crypto Youtubers not every Youtuber. I am explaining why I said it.

Good and bad both exist at the same time. So it's natural that there exist some bad crypto YouTubers also who promote bad projects after receiving money from the company. All the people are facing loss and they are making a profit from the Youtube videos and it's really unfair. They don't think about their followers. They only focus on they are own benefit and they don't hesitate to trap others for it. Many newbies get trapped and lose their money for it because they believe those YouTubers blindly. So it's necessary to understand who is good and who is the best. I think finding the good one is not too difficult.

Good crypto Youtubers have a good knowledge of cryptocurrency. They always try to make you learn something and try to make you capable to know how to understand whether a project is good or bad. They try to make you understand how the market reacts to different kinds of situations. If you are learning something new from a crypto Youtuber then you should consider him/her a good crypto Youtuber.
There exist some Youtubers also who are good to make analysis. They say everything what is going to happen in the market is based on condition but they don't share how to track the market. The next day come and say "It's happening exactly what I said in my last video". I have seen one who was like that and he has a huge Youtube subscribers. I have seen many people ask him what kind of indicator he is using but he never reply to those comment where he replied to the comment who praised him. I am not taking the name of that Youtuber but I feel very angry when I see such kind of thing. He has the knowledge but why he doesn't want to share? I have seen his videos on a regular basis for several months but I learned nothing. So I stopped watching his videos.

There exist some seasonal crypto Youtubers. Can you understand who are they 😅? If you can't then let me explain.

If you have seen the last bull market then you might have seen many Youtubers who were providing many signals. They keep suggestions like a pro and almost all of these signals were achieved most of the time. But when the Bear market started they suddenly disappeared. Do you know why? Because they have almost no knowledge about crypto trading. They just know how to bluff in front of others. When it's the time of bull market it's very natural that everything will go up. Anyone can predict it easily without having any knowledge.

So It's my suggestion to figure out the good crypto influencer if you want to learn. I think we should not trust anyone blindly when it's related to investment. And before doing an investment we need to do research on our own which is known as DYOR.