1/ # 1.4.2 Crypto Twitter and Influencers

Another big factor in the delusions in crypto is Crypto Twitter (CT). Many people think that those with large followings on twitter are those to listen to for tips about whats a 'good project.

2/ Asking someone on CT if a token is a good project is like asking a used car salesmen about auto engineering. 99% have no idea about software dev/tech, nevermind crypto. The only difference between them and you is they have followers.

3/ They find projects which LOOK shillable (Crucial word 'look', it can be crap but if it LOOKS okay they won't know it isn't), they load up and then tell you to buy and the price increases.

4/ Afterwards they will then tell you how grateful you should be for their "alpha", or talk of their record at finding 10x "gems", as opposed to the truth which is that they don't find the 10x. You, the shilled, made the 10x happen by buying it and causing a price increase.

5/ Everyone on CT cares only about one thing. Making money. They are not giving you alpha, or "helping you out". They are trying to sell you. Move money from your pocket, to theirs, and leave you holding the crappy token at the end.

6/ Successful shillers spend a lot of time looking for projects which are the lowest in MC possible but with a "shillable narrative" for increase. This could be a 5B MC project that has the potential to be shilled to 50B or a 30m MC project that can go 400m.

7/ They are not looking for whether it is a good project. All they care about is the image/perception and whether it can be shilled, and whether they are early.

8/ Ever wondered why its strange that many CT accounts all shill the same stuff, or suddenly start together shilling a token that you'd never heard of before?

9/ You might think its because the token is a "gem" and that each of them through research has found it, and you should get in too. That isn't the reason. The reason is Networking. The most crucial part of CT is networking.

10/ Every large shill account on twitter is in telegram groups that contain other CT accounts. Theres a lot of these groups. They also spend a lot of time in discussions with other people on CT.

11/ Usually when a new token appears its because someone on CT has discovered it due to the research of some random person on twitter mentioning it. They then do a bit of research to see if its shillable. Then, before telling anyone else they load up, buying as much as possible.

12/ Step 2: they tell their close friends to load up but crucially tell them to keep quiet. If youre in this persons "paid groups" or "special tg channels" you might think you hear about their calls early. You don't. You are far down the line.

13/ The reason is that they need to get other CT accounts to buy. If other CT accounts buy in, it means more shilling will happen and more chance of price increase. HOWEVER, other CT accounts usually want to buy before the shilling starts, not after.

14/ For this reason, before telling anyone, time will be spent in both private messages and CT TG groups shilling it to other people on CT trying to get them "onboard". Eventually when this process is done, they will tell their "paid groups" and begin shilling on twitter.

15/ This is why they seem to shill the same stuff. Because they shilled each other, or all got in early, usually before the shilling started and has nothing to do with the project being good or not, but instead that they just have more success if they work together to shill.

16/ These networking groups are also used for token sales. The groups will approach projects stating how they have X number of big CT accounts and want an allocation. All very organised with spreadsheets made of contribution pledges and so forth.

17/ This is why often a project launches and mysteriously many members of CT all seem to be into it. It isn't because its a great project. Its because they all did the private sale need it to pump for when they get their tokens. How do I know all this?

18/ Because I am involved in it and engage in it myself. Because its successful at getting price action. Whenever you see anything shilled on CT you need to be looking at the motive of the shiller.

19/ If its something like $DOT where you know theres no unlocks to come, you can focus on the narrative they are shilling with and seeing if its valid. You can trust that the person shilling you wants a price increase to occur as they have their tokens right now.

20/ However if theres unlocks to come, you need to be looking more carefully. The reason is that the person shilling you that its going to be huge and go 5x might not actually need a 5x at all.

21/ That person might be vested and not have their tokens yet and is just trying to keep the price up until they get them. An example of this is $ZCX . This has performed amazing for people who were lucky enough to find and do the sale and many people in CT bought in.

22/ They paid 2-3c and its now $'. HOWEVER, they don't have all their tokens yet. This is why its shilled so much. They've made millions IF it holds its price until they get the tokens. That person shilling you $25/$50/$75 doesn't need those prices to happen.

23/ They just want you to buy so that it stays up in price as much as possible between now and when they get their tokens.

24/ The reason for checking this out for everything you buy is not because you should worry about them dumping on you, but more that once they have what they want (unlocked tokens), there is a good chance they will stop shilling and move onto something else.

25/ Remember, they are not shilling things because its a good project, they are shilling it because its currently in their portfolio, as everyone in crypto does. When it isn't in the portfolio, what they shill will change. You want to use CT accounts just as much as they use you.

26/ Try identify what it is theyre doing and play a strategy that aligns your goals with that.

27/ For instance, if something is being shilled and you know that X months from launch all the pre/private sale people get their tokens, you want to be at the very least riding their shilling and taking profits before that unlock date.

28/ The important thing to realise is they are no different to you except they have followers they can shill to, and they are in networks. Thats it. They don't know anymore than you. They don't have "special skills" at finding gems or anything like that.

29/ These people usually were not in anything technology related prior to finding crypto. If they have any specific skillsets its mostly in marketing/sales and being good at making dogshit sound like gold in a bull market.

30/ Theres people who will argue with large accounts on CT and point out how clueless they are. Don't waste your time.

31/ The financial success most CT accounts have had usually deludes them into believing they are "good at crypto", and can pick out "gems" and are giving great calls and alpha.

32/ This is why in bad/bears markets you will notice they seem lost, scrambling around making calls that don't work. In denial to the reality that what actually happened was that they had the followers/networking to ride up the gains in a bullrun.

33/ CT doesn't know anything you dont. They're just making calls like everyone else. Calls which you can use to make $$ but don't get sucked into believing something is a "gem" just because all of CT seems coincidentally to be all interested in it.