Anyone who has searched the internet for crypto tips will be aware of the huge rise in the number of social media influencers.
From celebrity endorsement to your average Joe, more and more people are earning income giving crypto tips on social media. The growth in interest in cryptocurrency means this trend isn’t going anywhere anytime soon.
Getting Your Crypto Tips
With many people new to crypto investing for the first time, the demand for reliable data and statistics has never been higher. Crypto influencers can use a variety of platforms to reach their audience. However, Twitter and YouTube are the two of the most popular methods.
What is an Influencer?
The purpose of the influencer is twofold. Firstly, and rightly so, influencers can be an important source of information and data in a neat and easy-to-digest package. Expert influencers understand the power of targeted and succinct messaging and rarely waste a word or sentence in getting their message across. This is apparent on YouTube, with many experts agreeing that videos of more than 20 minutes lose impact and dilute the message.
Secondly, social media influencers provide an effective method for organisations to reach their audience and communicate essential and current information in a direct and timely way. Using a savvy and professional social media influencer can be very effective, whether through static forum-style sites like Twitter or Facebook or video hosting sites like YouTube.
While this sounds like a marketer’s digital dream, the consumer must be wary not to be fooled or taken in by what are known as ‘paid shills’, who seek to coerce and manipulate audience behaviour, often not for their benefit.
The majority of the crypto social media community seems genuine, but you need to be on your guard, do due diligence, and conduct your own research before trusting someone.
YouTube Stars
In this look at some of the influencers giving crypto tips, we’ll focus on the YouTube ‘stars’.
Some of the most successful crypto YouTubers are present across multiple social media channels, with their other feeds often updated more often than their YouTube channels.
So, if you find an influencer you like, make sure you check all their platforms for the most up-to-date crypto tips.
Below are five of the most popular YouTube channels featuring crypto tips you may want to explore.
As mentioned earlier, when it comes to anything to do with crypto, #dyor before making any financial decisions.
A bit of a marmite character to many, there is no denying host Ben Armstrong’s passion for crypto. This became apparent in Ben’s hunting down of Sam Bankman-Fried in the aftermath of the FTX collapse. Operating out of Atlanta, Georgia, Bitboy Crypto offers viewers a lively and impassioned narrative that never fails to leave you pumped for the future.
Recently relocating to Dubai, the team behind Coin Bureau is an international effort that has built a reputation for reporting crypto tips and news in an informative yet light-hearted manner. Presented by affable host Guy, Coin Bureau made a real name for itself in the bull run of 2021 with daily updates to its 2.24 million subscribers.
Although relatively small in terms of subscribers, with just over 500,000, Data Dash is one of the most respected names in the crypto influencer space, with a reputation for informative news and information. Founder Nicholas Merten is also the brains behind the Project Genesis open-source initiative, which is committed to developing new projects in the cryptocurrency space.
Altcoin Daily is a popular US-based channel hosted by two brothers who are clearly passionate about the advent and adoption of cryptocurrency and blockchain technology. The chemistry between them works well. Their style and delivery are smooth, easygoing, and digestible, making the channel very popular with its 1.3 million subscribers.
Although a relatively small channel with only 524,000 subscribers, Money ZG more than makes up for the small reach with a heavyweight blend of market updates and technical analysis. Host James is clever, sharp, and has good delivery, making the channel a hit with investors looking to keep abreast of macro developments and resulting market moves.
Crypto Tips Conclusion
You have a lot of choice and, with so many crypto influencers to consider, you’re bound to find at least one you like.
Each has their own particular brand and strengths, so it is important to find one whose style and delivery you appreciate and enjoy.
The list above is a good starting point for anyone looking to learn more about cryptocurrency. But. as ever, exercise caution and #dyor!
