If you’re a blockchain backer, it’s important to know the risks. While blockchains are excellent social tools that bring together communities of people with similar ideas, there’s a risk that some of those groups may have ulterior motives and fabricate hype for their favorite projects. It is important to keep these factors in mind when posting online.
Many people make mistakes by not considering the reason they’re doing something. Then they realise that they’re headed in the wrong direction. Before you start thinking about becoming a blockchain backer, you need to decide if you’re the right person for the job. Being passionate about cryptocurrencies is not enough; you need to know the values of the blockchains and why they exist.
Although Blockchain Backer has a Twitter profile and sells courses on how to read the crypto markets, we can see that he’s a smaller influencer than the mainstream crypto experts. Despite being smaller, he has been able to increase his popularity on YouTube by talking about the market’s future. As of this writing, he has more than 122,000 subscribers on YouTube. However, his YouTube channel isn’t as large as that of Anthony Pompliano, who has 162,000 subscribers.