During the 2015 crypto nuclear winter basically no one was making any videos. Then in 2016 some new guys showed up that saw value in crypto and were making videos and creating content. The next time around in the 2017/2018 the space picked up and army of content creators most of which were making content for other subjects and came over to crypto. This time around we had some of the old guard continue on and additional guys join in. Sometimes when most people quit making videos it is an indication that the tide has gone out but sometimes when everything is going crazy it doesn't make sense to spend the time to make videos if your channel isn't big enough to really capitalize on it and suddenly it makes more sense to trade or farm on some DeFi platform.
There are several other people that I remembered while I was making this video and others I'm thinking up now that I'm going to have to do another video on this subject. Hahhaha
We talk about the final capitulation event in crypto and I don't think this was it. This was a test and the support held but it could attempt to retest and break through it the next time but as we saw in 2018 and 2019 we had other events that dropped down near the lows we saw in late 2018. Basically instead of dropping to $3,200 it dropped down around $3,400 two more times and gave great entries on a lot of altcoin projects.
▶️ DTube
All grift YouTubers have a lifespan, they aren't interested in learning a topic indepth, so they eventually see lower returns on their popcorn content and either give up or pivot to the next trend.
Alex becker is a good example, its drop shipping, then courses, then crypto
As soon as they can't fund their lifestyles with the views or they're botting and ads don't push enough views to drive affliate sales, they call it quits
It's very true. It is very tough to create content in the bear market and usually they have to pivot away from it. I saw that with Naomi Brockwell. https://www.youtube.com/c/NaomiBrockwellTV/videos
She was heavy on crypto but expanded into security and a broader range of topics. Honestly it makes sense because it is so much work to make the content and if you aren't hardly getting the views and it is so time sensitive it makes sense to pivot.
That is the tough thing about these various platforms. Even someone pumping content hard on YouTube and then blowing that out to all the blockchain social media stuff and still not able to make a fulltime income off of that alone becomes a concerning trend even at this point in crypto's existence.