Is there a crypto YouTuber who gets it right without being a snake oil seller?

Most crypto YouTubers live off commissions and get their calls wrong. But there are exceptions like Bitman. How do you tell them apart?

English · Original discussion in Spanish · Published

For as long as there has been a crypto market, there has been an army of YouTubers eager to explain a future they know nothing about. The difference is that the show has now gone professional: channels that live off referral commissions, exchange ads and the promotion of coins they bought themselves before recommending them. The awkward question for anyone who has lost money trinc their signals is twofold: is there any channel that gets it right honestly, and if so, how do you spot it among all the smoke?



The crypto influencer business: selling smoke with audience metrics

Investors who have been through several cycles have developed a particular nose for spotting scams. The patterns repeat themselves: a video announcing "the next x1000 gem" always arrives after the coin has already skyrocketed. Entry signals are published when the creator has already closed their positions. And the income doesn't come from getting it right, but from affiliate programs, exchange advertising and, in the worst cases, from the very cryptocurrencies they have created to sell to their audience. The result is an ecosystem in which the incentive is aligned with deception, not with accuracy.

A list of channels called out in the discussion as "scammers" or "smoke sellers" includes some well-known names in the Spanish-speaking sphere: Bataglia, Mudvi, Engaña latino, Engaña al día, Humo con Catalania. The list is not a court report, but the opinion of investors who consider themselves defrauded. Yet the repeated appearance of the same names across different communities should, at the very least, set off common-sense alarm bells.

The exceptions: the few who get it right (and why nobody sees them)

In the middle of the desert, a few names emerge unscathed. One of them is Bitman, who runs a channel that, according to descriptions, nailed the market's latest downturns with Elliott wave analysis. Another is David Fraile, recommended as "the good one" with no further explanation. There is also Valdeande mágico, who hit the bullseye with BTC, ETH and OVR, though he missed with IOTA and Uniswap. And a channel called Jim of All Trades, little known but focused on passive income. The peculiarity of these cases: none of them wears the crypto influencer costume. There's an anecdote that circulates with irony: an analyst who wears a suit, plays classical music and doesn't have a scantily-clad presenter beside him doesn't even get noticed by the algorithm.

The most experienced investors add another layer: objective indicators are worth more than any influencer. The MVRV Z-Score, the rainbow chart or the metrics on blockchaincenter are tools anyone can check without intermediaries. "The best indicator is the one that doesn't need anyone to explain it to you in a video," skeptics might sum up.

The underlying problem: nobody knows anything (and those who do keep quiet)

The most honest conclusion is that, in a market as speculative as crypto, any analyst's predictive ability is barely better than a coin toss. Economists don't get it right either, as the discussion points out, so expecting it from a YouTuber in a cap and sunglasses is almost science fiction. The only documented case of systematic success mentioned is that of an individual, Jdnec, who from 2013 was able to anticipate buying and selling moments for several years. He had no YouTube channel and doesn't sell a course. Perhaps that's precisely why what he said wasn't tainted by the noise of affiliate traffic.

Is it a coincidence that those who get it right have no interest in monetizing their audience? Or is it that the crypto YouTuber model itself makes accuracy an irrelevant byproduct of the business? If the answer is the latter, the question any investor should ask is not "who should I trinc?" but "which indicator can I verify myself?"

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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (36 replies).

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