I hear ya on having exit strategies and making sure not to be overly greedy. It can be tough sometimes for sure.
I agree with you on there probably being too much support to be another bull trap. I don't think we will hit a lower low at this point below $5,900. I feel 90% certain of that now.
I don't feel too sorry for some of the crypto YouTubers because I felt like they were just talking out of their ass. In my mind the best crypto YouTuber is actually Box Mining which I'm glad to see he is still making content and was able to continue on.
But if you think about it another reason some of the channels were able to even get as big as they did is because they were giving away money that was all benefits of Bitconnect and other stuff like it. It seems like a long time again but Trevon giving away 0.1 BTC was nuts. Hhahahha.
I am surprised so many people got so hyped and then it was like the excitement was shut off like a light. They will all be back when the prices surge really hard again.
STEEM is actually pumping today. Up to $4 which is nice. It's time to produce a lot of content! I also need my EOS investment to really do good.
You bring up a great point about crypto youtubers. It was a bunch of giveaways to build their audiences. One thing I really like about Crypto and even more specficially Steemit and Steem is accountability. If I say I'm giving away 50 Steem, I can't just talk out of my ass and never give the money away. People can check my wallet and see not only that I gave away 50 Steem, but even who I gave it to so I couldn't do a fake giveaway and just give the money to you everytime and have you give it back.
I noticed Dan Dasilva and Tanner J Fox were doing Bitcoin giveaways for a couple weeks and then quickly cancelled it and went back to Paypal giveaways. While I can't say for sure, knowingthat 90% of Youtube giveaways are complete bullshit I wonder if they got away from crypto because its more easy to track if people are actually following through.
It was funny to see every Youtuber jump on crypto as well. I'm far from the foremost expert on crypto myself but had been in the game for quite a while and was introducing it to my audience long before it got super popular. It was funny to see during the December hype Youtubers who just learned about Bitcoin 2 days ago from a Youtube article fumbling to explain it to their audience in an attempt to collect their $10 Coinbase referral.
I think I made my first Bitcoin video at $487, had been involved at that point for about 2 years and back then I think it was a lot ballsier to make a video about crypto. While we still have skeptics today who call it beanie babies and all that nonsense back when I started crypto was taken even less seriously. It really is amazing to see how much the crypto space has grown on youtube and like you said the vast majority were just kinda talking out of their ass and rereading crypto articles from cointelegraph so I guess hard to feel bad for them
Well the crazy thing is I was going to do a channel for crypto stuff back in 2013 but I looked at the amount of views and all that and it didn't make sense to spend all that time on it because the top YouTubers talking about crypto had about 10,000 subs. Again in 2016 I was seeing guys like Trevon, Craig Grant, and Crypt0 talking about crypto and I looked at their views and sub counts and just figured it was a huge waste of time. Then when everything suddenly went nuts those guys ended up being the main resource in a lot of ways. Me and other people were really blown away by that.
I do feel sorry for some of the YouTubers and content creators who were pushing hard to make videos and not gaining and then at some point they end up having to throw in the towel.
I really need to be making daily videos but a lot of times even with what I know I feel like I don't know enough or that it is too much of a repeat of stuff.