The problem for now is that there are too many naive people who would find it very difficult to say they fell.
Precisely with the increasingly booming crypto conditions, as well as with the many naive people and beginners who enter, this will make them thrive even more, I think.
As long as those people choose the method that they think is the easiest thing to do without the need to study, then indeed the influencers will still be flooded with enthusiasts.
That's definitely true, and to be honest, they manage to do that pretty well, engaging a new audience that is new blood in cryptocurrency and trading in general, they tend to be engaging and are pretty good at influencing their audience about anything they wish for, that is the reason why they are called influencers which is sometimes good and sometimes bad.
We can also find some good and honest influencers out there every now and then, who prefer telling the truth and providing their audience with things that can actually be beneficial for them whether for the present or in the long run.
I suppose there are some influencers out there telling the truth, but they cannot compete against those that are lying, after all when one influencer is giving you common sense advice, like only investing what you can afford to lose, holding your coins and investing in good projects, while those influencers that lie can tell you that if you invest in a shitcoin you will become a millionaire in less than month, who do you think will get more viewers?
The latter will most of the time get more viewers as their words are exactly what people want to hear, and what is even worse is that even when people lose their money by investing in those coins they still keep listening to the same kind of message, as now they hope to recover the money they have lost.
