Looking at Coin Bureau's Terra Luna videos over the last 12 months gives an excellent example as to why you should never just "trust" an influencer

Coin Bureau, hosted by Guy is almost the guaranteed answer to anyone asking on here the age old question of "but is there any good YouTube channels to follow". It is presented as the gold standard, and honestly most others set a very low bar. So I'll use it as an example to get a point across.

I'm not bashing Guy or his channel as if you've ever watched a video of his, he makes it abundantly clear it's not financial advice. As far as I know he just presents the information available to him as best he can and tries to flag potential issues/risks even if overall enthusiastic for a project. Yet therein lays the problem.

This crypto channel is not a source of truth or a confidence that you've picked a winner just because he doesn't say run for the hills in the review. The Terra Luna story is the perfect case study. These are the channels videos on Terra over the last year.

12 months ago video - Luna potentially heading to the moon https://m.youtube.com/watch?v=7HLiZxkbxfY&t=48s

10 months ago video - DeFi Stablecoins have benefits https://m.youtube.com/watch?v=uLmVtec0px4

5 months ago video - Centralised stablecoins are risky, UST could moon Luna https://m.youtube.com/watch?v=NiYUEBNvPPk

2 months ago video - Terra has collapsed https://m.youtube.com/watch?v=0CutSymg94I

They made an incorrect investment, and did not foresee the impending collapse. Turns out Luna/UST were remarkably similar to fixed value convertible bonds aka debt spiral bonds...with the same problems.

So to answer the question, no there is no guru or all knowing veteran you should just follow. Just because they are saying it's not a scam or won't end in a 12 foot high dumpster fire doesn't mean it won't. Nor will they be on time to tell you to get out.

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