The Dark Side of Crypto Influencers
Why do you place your trust in those who are proven to be your worst enemies?
Because they have a large following, they must be correct.
Because they receive thousands of retweets, views, and likes, are they considered credible?
They look successful. They talk with conviction. Almost as if they know with 100% certainty what will happen next. They nearly guarantee it in every video and tweet.
How many more excruciatingly painful losses will it take for you to realise you’re being taken advantage of, for someone else’s financial gain?
They’re not helping you. They’re helping themselves. They all carry a hidden agenda, and you keep falling for the bait.
You know what I’m talking about. Because I’ve been there as well, trust me.
The Endless Scroll of Crypto Hype
You’re plugged into X. Scrolling the feed like a psychopath, as you chase the thrill of consuming the latest news in the world of cryptocurrencies. Desperately awaiting something promising, or a glimmer of a trade signal to copy from a suspiciously unknown individual hiding behind a profile of an NFT.
You’re watching every ‘trader’ and ‘analyst’ you follow religiously give a conflicting projection, idea, sentiment, and of course… FOMO.
Why is it always FOMO? Why is everyone consistently bullish? Have you noticed that? Why is every crypto influencer always bullish?
More on that later.
A Battleground For Attention
One person is screaming, “to the moon”.
The other is saying it’s over.
Someone else is pushing a low-cap memecoin that is promised to be the next DOGE, POPCAT, WIF, PEPE, and whatever else.
X has become a battleground for attention and a minefield for finding quality information. Everyone is an expert, yet nobody is willing to put their money where their mouth is.
YouTube: The Dopamine Trap
You flick on YouTube. Your algorithm is perfectly curated to your search history. All you see are explosions on the thumbnails. Rockets, arrows, bold text, and the classic face of someone who looks like they’ve been captured in the middle of excruciating diarrhoea.
You know the look. Mouth open, screaming.
You cringe as you see it, wondering who on earth has the self-confidence to take those pictures alone in their room, look over them, and say, “This is great for a crypto YouTube video, they’ll love this.”
Yet despite this… you go ahead and watch the video anyway, blinded by the possibility that on this one-off chance, a grown man with his mouth wide open on a thumbnail is the key to your riches.
But they never are, are they?
Why Traders Keep Losing Money
Do you know why so many traders lose money and get scammed in the cryptocurrency market?
Do you know why you keep losing money and getting scammed?
It’s because you’re trusting crypto influencers.
Instead of relying solely on influencers, consider an alternative source or method.
The Age of Deception
Almost the entirety of what you see online isn’t absolute.
Most of the crypto profit screenshots you see are fake. The Binance, Kucoin, HyperLiquid and Bybit screenshots? Mostly fake. The SOL, ETH and BASE memecoin profits you see on Solflare and Phantom Wallet? Faked.
We live in the age of deception. Technology is advancing faster than we are, and the majority of people’s attention spans are only getting shorter due to the endless consumption of short-form content, such as TikTok.
Most are becoming mentally weaker. They don’t want to read, research or question anything. Most of what people see is taken at face value.
He has 100,000 followers and is showing a profit? It must be real!
More often than not, that person doesn’t have more than $10,000 to their name.
When The Game Changes
The game changes when you have acquired an incredibly large following. The goal is no longer value; the game switches to deception.
There’s far more money in manipulating people than there is in trying to trade the markets successfully.
The problem only worsens because nobody holds the very same people responsible for causing them financial ruin. People get angry, then jump onto the next ‘guaranteed’ play and forget, repeating the cycle until they’re left with dust.
Familiar phrases that bait you
How many times have you seen the following on X:
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“You’ll never see these prices again”
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“Enjoy being sidelined”
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“You’re underexposed”
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“What’s coming will melt faces”
Sound familiar?
And what do you do?
You listen to them, of course. How could they be wrong?
The Loudest Voices
If you’re paying enough attention, you’ll start to notice patterns of where those with the most significant following are supremely bullish and bearish.
Notably, they always seem to scream the loudest when the price is about to do the opposite.
Yet how could this be? How have they acquired such a large following?
The Comfort of False Hope
Understandably, these messages can be appealing. They provide a continuous stream of the stuff you want to hear, because it makes you feel hopeful.
The stuff that alters your brain chemistry to trigger an excited emotional response. The FOMO gives you a confirmation bias. The sweet dose of crypto optimism that gives you the drive you need to take action.
Do you know why so many people still follow the most significant influencers who have led them astray? They have no choice.
Time For Brutal Honesty
Stop and think for a moment. Be completely honest with yourself. This is a private space; only you know the answer.
How many times has a crypto influencer told you the following:
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“I’m buying here”
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“Buying more on this dip”
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“Bought more here”
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“Added another long”
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“This is going so much higher”
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“I’m so bullish on this”
And how many times have you blindly copied these influencers only to end up in a significant drawdown, your leverage trades liquidated, or find yourself involved in another crypto or meme rug pull?
If they were really doing what they said…
Have you never stopped for a moment and thought to yourself that if they’re doing what they’re saying, and you’re doing what they’re saying, but you’re losing and they’re still thriving, that they are not actually doing what they’re saying?
How do these crypto influencers always have money?
How do they keep buying dips? They said it was the final dip 15 dips ago?
What are you doing wrong that they aren’t?
You’re listening to them, whilst they don’t even listen to themselves. If they were actually doing what they were saying, they would be homeless.
The Hidden Mechanics of Influencer Pumps
What you fail to realise is that every memecoin and altcoin that they push to you, they already hold a significant quantity or insider allocation.
It takes equally as much skill to be wrong so many times as it does to be consistently correct so many times.
When they’re screaming that “we’re going so much higher” when prices are already so much higher, they’re convincing you to buy.
Why? Because with their influence, they can spark enough exit liquidity to fill their sells. Without your blind faith in them, they wouldn’t be able to execute these tricks continuously.
The Sponsored Coin Hustle
Furthermore, have you noticed those crypto YouTubers who always post videos called “My Top 5 Coins To Get Rich in 2025” seem to never run out of ‘hot crypto picks’?
Guess what? They’ve already silently taken money under the table for sponsorship and promotion, and in many cases allocated coins to pair, so they can dump on their naive followers when momentum takes off.
The Dopamine Trap
Their trust is built on spiking your dopamine. That’s what the mouth-open thumbnails are intended to do. Psychologically, they’re triggering for many people.
We all want to believe there’s an easy way to riches, it subconsciously programs you to follow blindly out of fear that you may be missing the opportunity of a lifetime.
It’s almost a superstition factor in play. You want to believe it’s easy, so you trust the person who’s telling you it’s easy.
Yet you keep losing, and they keep winning mysteriously.
Most of what you see is a lie.
What Innovation Markets stands for
Innovation Markets believes in transparency. We tell you the things you don’t want to hear.
The things you want to ignore, that you keep forgetting, that make you uncomfortable.
The information that you know deep down is standing between you and finally becoming a successful and profitable trader.
The First Step Toward Change
The first step to reaching the light at the end of the tunnel is learning the brutal truth behind what’s setting you back and stopping you from winning—no more lying to yourself, no more losses.
We will never sell you a dream; that’s the reality.
It’s time to make a change, or stay the same forever.
If you’re ready to become who you want to be, click the link below.