Listening to Chronic Crypto (YouTube) will likely cost you thousands of dollars

in cryptocurrency •  8 months ago

Chronic Crypto has a YouTube channel on investing in cryptocurrency, and he claims to have had a lot of success in the bull market last year investing into Tron. However, even though he had success last year, this doesn't really prove anything because the whole market was trending upwards.

I've watched a few of Chronic Crypto's videos on YouTube, and I haven't been pleased. He is known for stating wild and unrealistic price predictions for his favorite coins. Yes, he is the definition of a shiller. He has made some wildly unrealistic predictions like saying that Tron will be $17 a coin before the end of the year, even though this would make Tron worth over 1 trillion dollars on it's own! He's also stated that XRP will reach $26 before the end of year without a doubt, but really he has no proof whatsover.

Chronic Crypto is also known for doing Bitcoin giveaways at the end of his videos, where he gives away $100 of Bitcoin to one of his lucky subscribers. But there have been a few people accusing him of fake Bitcoin giveaways, and they're probably right. Honestly, this channel was starting to get popular up until about a month ago, when he suddenly stopped posting YouTube videos. This teenage guy obviously has a thing for Justin Sun as he is constantly mentioning Tron and how awesome Justin Sun is. Chronic Crypto is clearly letting his emotions take over the logical part of his brain by making these wild predictions. And Chronic Crypto obviously doesn't care about his followers. I'm still unsure how I feel about Tron overall, but these predictions are reckless.

My point in bringing this to your attention, is that you should stop listening to obviously uneducated "crypto experts" and letting them decide the fate of your $1,000 investments. You're better off learning how to understand the market and making your own investing decisions instead of listening to a 16 year old kid in sweatpants claiming that he is not a "financial advisor."

There are plenty of other clueless "crypto experts" out there, and his channel is far from being the only one out there. You could say I'm being a bit harsh picking on a 16 year old kid, but the reality is that anyone that listens to him is likely to lose thousands of dollars! Stop listening to these "experts" and spend some time evaluating who you can trust.

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So true, anyone can be a youtube guru now a days. Good callout.

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Thanks, yeah its way too easy these days.

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So, wonderful

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Yeah i think you are right 16-18 year olds are just posting nonsense on youtube about cryptocurrencies they like just so its value can increase and the get profit..not sure if they are working with the crypto company or doing it on there own

nonetheless good work on calling out fake crypto youtuber's

upvote if you like my comment

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You are right,

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We have to unfollow these guys. Make some logic guys @the4musketeer

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Yeah he still has 22,000 followers that are going to lose money!

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Follower have to make some sense on his prediction. invest always on your own research’s. These 22000 are gonna understand this when they loose there money

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Why

Posted using Partiko Android

Most of these so called claim expert on youtube about crypto currencies are clueless and has no basic understanding about how the crypto market really works. They are just a bunch of novice when it comes to crypto currencies

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You may not say for sure, though

Posted using Partiko Android

Crypto market is very volatile, social media and big media houses are manipulated one...even though last year coinmarketcap not listed trading data of some exchanges of ripple xrp..and shows that xrp price went down.

There is nobody expert..use your own brain and learn fundamental principal of crypto trading. Follow the crypto you have invested over Twitter only believe on offical announcement rather than someone predicted like in this case.

If someone says this crypto price will go to the moon check the circulation supply of that crypto and the team progress on that project.

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Although individuals are left to their own opinions

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I just found someone who is stealing your content and is publishing it at weku:
https://deals.weku.io/community-deals/@arthur6430/listening-to-chronic-crypto-youtube-will-likely-cost-you-thousands-of-dollars

I already reported it to weku support and different communitys that are fighting against stolen Content.

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Thank you, I really had no idea.

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Great work

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Yeah the Tron

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Ok

Posted using Partiko Android

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Ok

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You should write a follow up post at the end of the year. lol

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Ok

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Tron at $17 is unrealistic as you pointed out in your post. That would mean Tron would surpass Bitcoin current and past valuation during the last bull run. In addition, Tron at $17 would be worth 90 if not 98% dominance over the crypto market. This is too farfetched imo. For me personally Tron is a scam. Even at 0.02 I'm still not compelled to touch Tron. For me to aquire Tron it would need to be traded on Coin Base for me to take it serious.

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Xrp at 26$ would mean a 4 trillion dollar xrp market cap. These claims are ludicrous.
I dont get how people fall for this. Steem at 100USD would still make Steem second in market cap and that aint ever happening. What he is claiming is so farfetched is so far from reality that its not even for a comedy crypto show.
Its like that one time Jerry was spouting idiocy that STEEM will hit 1000USD.

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But, it depends on individuals

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nowadays internet too many of so call expert, just simply give out reckless irresponsible talk then end up can push away if fail, too flattered if "predict successful", i dont really like youtuber, but not all of them is bad

Thanks for doing yeoman's work. We need more people out there calling a spade a spade.

It shouldn't be, "When moon?" It should be...

When regulation?

They are many such people these days on youtube

In our dreams 😔

These people never cease to amaze me. Some guy can open a youtube channel and talk crap and people will flock to him. Humans have this urge to follow peoples advice, it got a lot of people wrecked during the last bull run. other youtubes like suppoman are just as bad. They shill everything they promote as they are clearly getting paid for it, lets not be follish and think they are not. At the end of the day if you work for free you are not smart in my view. people need to wake up and stop following this advice. i write reviews of projects, just give my opinion and state at the end of all my markets, all investments are risks. Some people will follow these youtube guys blindly though.

they might be testing their luck and using Youtube for the same purpose.

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They might be testing
Their luck and using Youtube
For the same purpose.

                 - farhan.sidiqui


I'm a bot. I detect haiku.

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Dear Bot ths is not haiku, actually you have converted my comment into one by yourself.

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It really is a haiku though, LOL that's the funny thing. It looks like this bot just searches for text that follows the haiku format of 5 syllables, 7 syllables, 5 syllables, and then reposts it, lol, funny if you ask me.

Dude is in his tiny room living with his moms. smh smh lol

better stay away from all those crypto-kids, they have never traded in real life, and its easy to destroy people, especially the newbies! I didnt knew all this hype until i saw last year twitter and couldnt believe my eyes, all those clowns were teaching and suggesting tokens based on technical analysis and i doubt if they had ever experience with that except 2-3 vids in youtube...I am trading in big banks prop desks since 2005 and couldn't imagine this parallel rotten ecosystem existed...lol

Hi @the4thmusketeer I'm a bot, and wanted you to know that I've upvoted and re-steemed your post to help you with your promotion efforts! -exp

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Good call-out!

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Oh he just said that!

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It's cool, Thanks.

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

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Ok

Posted using Partiko Android

Everyone thinks they are an expert these days. If someone claims to be an "expert," don't listen to them. And if someone really does have authority as being a legitimate expert, really don't listen to them, as they probably have a conflict of interest in what they're saying. Shills and trolls abound in our world today. Fight on, Steemians.

People should always do their own research. While there are some crypto "personalities" out there that have some good information, a lot of them are being paid to promote certain projects.

@the4thmusketeer, you are interested in reading, maybe you read me too

Congratulations @the4thmusketeer!
Your post was mentioned in the Steemit Hit Parade in the following category:

  • Pending payout - Ranked 8 with $ 230,5

Though I agree with you on the "expert" part - hard to tell where he gets his conclusions from he is right on one thing. Ripple could go to $26, TRX could go to $17 (I doubt that it will ever do so though). Ripple I could actually see at $26 if every bank in the world would adopt it (which is a huge if).

So basically; he is talking smack grasping at air and even though the numbers he cites could potentially end up being true there is no way that he can see into the future and know these things for sure.

Listen to OP and stay clear boys.

@the4thmusketeer Thank you for sharing your views with us my friend. Those figures given without any logic as you said.

Keep sharing such article with us.
Thanks

Hola, te imaginas un buscador como Google que cada vez que accedas a tu cuenta de Google, facebook, YouTube, etc, te den token completamente GRATIS?. Cada vez que accedes recibes 0,25 token, es decir cuatro veces que accedes obtendrás UNA MONEDA. Podemos obtener hasta 8 monedas PRE gratis cada día del buscador PRESEARCH. A continuación, te dejo el enlace de referido:

https://www.presearch.org/signup?rid=313603

Cualquier duda, aquí estoy para ayudarte en cualquier duda.

Hello, can you imagine a search engine like Google that every time you access your Google account, Facebook, YouTube, etc., they give you token completely FREE ?. Each time you sign in you receive 0.25 token, that is, four times you sign in, you will get ONE CURRENCY. We can get up to 8 free PRE coins each day from the PRESEARCH search engine. Then, I leave the referral link:

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Any questions, here I am to help you in any doubt.

haha when you got first in crypto and earn a lot in last bull run many became a guru. what the? its so ironic when they always say in the end of their video that dont take it as financial advise. just ironic

gut das es mal einer erwähnt.
Da meinen alle voll den Plan zu haben.
Guter Post
Danke

Study the charts and market yourself and minimise watching youtube so called crypto experts. Dollar cost average

Your post had been curated by the @buildawhale team and mentioned here:

https://steemit.com/curation/@buildawhale/buildawhale-curation-digest-09-17-18

Keep up the good work and original content, everyone appreciates it!

it mean youtube pay him right?

You are definitely true bro... nowadays everyone is saying anything without having zero knowledge..... great information 👍

I mean, yeah.

Tanner J. Fox and Crypto Nick were promoting Bitconnect for months, and then suddenly all their videos talking about it were just magically removed after the Ponzi Scheme went bust.

This isn't anything new. People are always trying to position themselves as experts to get a quick buck.

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I don't myself believe in all this self-made experts

Posted using Partiko Android

i am impressive

Okay, let's pump the breaks. In the first video, it looks like there was a handful of proof. Also, Tron is in the top 20 in Coin Market Cap and he is not the first one to speak about it. Your claims look a little bias if you ask me. Alibaba is a company that has made my family thousands on the stock market. In addition, if you have ever traveled to a Muslum country as I have (Afghanistan). You will understand that they keep their friends very close to each other. Now with my experience at hand, along with seeing Tron getting close to them, I feel it will be safe it invests at least $100. Especially now that it is sitting on 2 cents.

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Go ahead, keep listening to Chronic crypto. If he stops with his useless price predictions, I'll stop criticizing, but until then, I can't take anything he says seriously.

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Just do simple math dude. Some coins do not have a moon potential anymore. Coins like xrp, btc, eth, etc, ltc. Those will mostly follow market trends. Steem still has that kind of potential and some other coins. I dont know about tron but you need to take into account the number of tokens in circulation.
Tron has 65 billion of them at 2 cents and Steem has 200 million at 75.
Stuff like Tron at 1USD is never happening. Dont be fooled by the 2 cent price.