I am always open to learning more, so whenever I find a cryptocurrency channel on YouTube, I watch a couple of its videos and subscribe if I see what I like.
However, I see more and more channels that just open up www.coinmarketcap.com and go down the list. It often goes like this: So PIVX is on the rise, it's $1,79 at the moment. I see it go higher so I will hodl. Then he moves on to the next currency.
I'm like
Bruh, I can see that on coinmarketcap as well.
Why do you think it will go higher?
Why do you invest in that coin at all?
So then I end up unsubscribing because those question don't get answered.
I know this looks like I am bashing free content that nobody is forcing me to watch, but it's not like that. I'm just curious why people watch it..
I understand that people may like watching them to get an idea of what others are investing in, but I don't believe it's worth the time. What do you guys think?
Joel
I think there are too many channels covering this space. Too many teenagers turned investors and too little real-world knowledge. Marketcap is about the only fair comparison of these abstract concepts. Left out it would make any analysis invalid.
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Too many incompentent channels indeed. Have you have been in this space for a long time?
I was not suggesting that the marketcap itself sucks. I was talking about guys who make videos of basically reading the marketcaps out loud without any context or in depth analysis.
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