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

in #cryptocurrency6 years ago (edited)

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.

Thanks, yeah its way too easy these days.

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

You are right,

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

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

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

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

You may not say for sure, though

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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.

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.

Thank you, I really had no idea.

Great work

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Yeah the Tron

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

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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.

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.

But, it depends on individuals

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