Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: KryptoBull on January 21, 2024, 08:43:35 PM
-
The crypto market is abuzz with excitement, and it seems like everyone is talking about it. However, not everyone is profiting from this speculative market. In fact, someone has to lose money. This is a part of the market, but many people seem to forget about the risk of loss or even small losses. This lack of risk awareness is causing me some trouble, as I'm receiving a lot of blame from a few friends.
- The 1st friend: We were both DCA into Bitcoin and achieved some profit. However, she blamed me for being too cautious and missing out on a huge opportunity to make a 900% gain with SOL.
- The 2nd friend: I shared my belief that BTC price would continue to grow in the long run, possibly peaking in 2025. He took my opinion and started buying BTC a few weeks ago at around 45,000 USD. Now, with BTC down by about 7%, he's blaming me for causing him to FOMO and make poor decisions that led to his losses.
- The 3rd friend: I once warned her about the high volatility of the crypto market and the significant risks involved. As a result, she opted to stay away and instead invested in gold. However, with BTC having surged by over 200% from its low, she's now regretting her decision and blaming me for discouraging her from participating in this lucrative opportunity.
These experiences have made me realize that even without explicitly giving investment advice, my friends still view me as responsible for their investment successes and failures. Ironically, when they made big profits, they barely acknowledged my role, let alone express gratitude. It seems they only value the profits generated by their investments, not the relationships that led to those gains.
I understand the importance of sharing knowledge and exchanging opinions to strengthen connections. However, it appears that these efforts are not always reciprocated in the same manner. Ultimately, it seems that some people prioritize personal gains over maintaining meaningful relationships. Perhaps it's time to exercise caution in investment conversations and focus on my work :)
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
Well, I have shared my crypto thoughts, knowledge, and ideas with so many people, and some of them have invested and made little profit before they sold off. Some people are also still holding. I cannot say I have not had some friends blame me because they experienced losses in their investments, but I actually learned one thing from them and also on the other forum: it is very important to tell friends about the risks attached to cryptocurrency investments.
Do not only tell them about the advantage and the profit they will make, but also make sure to tell them about the risk and let them be the ones to make a decision to invest or not. I guess your friends will blame you because you missed telling them about the volatile nature of Bitcoin and also asking them if they would invest and hold it for a long time until they made a profit.
-
The crypto market is abuzz with excitement, and it seems like everyone is talking about it. However, not everyone is profiting from this speculative market. In fact, someone has to lose money. This is a part of the market, but many people seem to forget about the risk of loss or even small losses. This lack of risk awareness is causing me some trouble, as I'm receiving a lot of blame from a few friends.
Every time we make a profitable deal on the crypto market, someone suffers a loss - after all, a deal is two counter offers. At such moments, I always did not understand the people who sell me their altcoins at a very low price. But I prefer not to think about it - my job is to make a profit by buying cheaper and selling more expensive.
- The 1st friend: We were both DCA into Bitcoin and achieved some profit. However, she blamed me for being too cautious and missing out on a huge opportunity to make a 900% gain with SOL.
It's terrible to inflict FOMO on someone else.
- The 2nd friend: I shared my belief that BTC price would continue to grow in the long run, possibly peaking in 2025. He took my opinion and started buying BTC a few weeks ago at around 45,000 USD. Now, with BTC down by about 7%, he's blaming me for causing him to FOMO and make poor decisions that led to his losses.
I realized a long time ago that you shouldn’t give advice on cryptocurrencies to friends. They will never appreciate it. If they have losses, it will be my fault. If they made a profit, it will be only their merit.[/list]
-
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
I believe that what happened to your friend is normal and common in the investment psychology of people who do not understand the market well. Greed makes them torment themselves because they missed opportunities and tend to blame others to feel better. The best way is not to pay attention and limit participation in investment stories with them.
1. I still share my views on the market, along with many warnings about risks.
2. 50% create profits, 50% create losses even though they refer to the same opinion as mine. The decision is personal so the result is the same!
3. I have received many blames like you, but I don't care about them. I focus on market tracking and research 😊
-
~
These experiences have made me realize that even without explicitly giving investment advice, my friends still view me as responsible for their investment successes and failures.
By your own admission, you gave them a financial advice. What do you expect is going to happen when they don't get the result they wanted/prefer? After the massive crash in 2018, I stopped telling people to buy crypto. Instead, I give them warnings of the price volatility and then give them an idea of the cycle (when is the best possible time to enter). No FOMO or FUD. It's up to them what they're going to do with those information.
-
Providing information about cryptocurrency trading to other people is a good step because that way it will increase the number of people who are curious about cryptocurrency and will come in to buy some cryptocurrency, which will make the price rise. But what you need to know is that not everyone has the same point of view. the same, and currently there are a lot of negative things circulating about cryptocurrency, so when you give cryptocurrency information to other people, you have to be prepared to accept the unpleasant risk that that person doesn't like cryptocurrency, but if they are interested in learning about cryptocurrency, then that's your luck.
-
Providing information about cryptocurrency trading to other people is a good step because that way it will increase the number of people who are curious about cryptocurrency and will come in to buy some cryptocurrency, which will make the price rise. But what you need to know is that not everyone has the same point of view. the same, and currently there are a lot of negative things circulating about cryptocurrency, so when you give cryptocurrency information to other people, you have to be prepared to accept the unpleasant risk that that person doesn't like cryptocurrency, but if they are interested in learning about cryptocurrency, then that's your luck.
Well, let's just say that cryptocurrency isn't like the gospel that we should go around preaching it to people even when they don't or didn't ask for it.
Crypto is more like a business, and business are only discussed when two parties meet and share the same interest, even though their opinions some times differs.
So, for me, I do not think it's a good practice to go discussing crypto with people who didn't ask for it.
Now, it's a separate thing to argue about crypto with friends in a public place or indoor, this is completely different, but to meet someone possibly for the first time and start telling them about crypto, is kind of awkward if you ask me, and I wouldn't blame the person if he or she responds in a not so friendly way.
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
Yeah I do, but before I do that "'giving my opinion or advice to people'', the person in question must have asked me about bitcoin beforehand before telling them about bitcoin investment.
Nowadays is not when to begin to tell people about Bitcoin investment without first, lecturing them about the volatility of bitcoin. Someone who fails to properly educate people on that is making a very big mistake of being held responsible afterward for people's investment, just in case anything happens to people's investment,
That's why I take my time to educate people about Bitcoin before bringing them into the world of crypto investment. I am doing that so that I won't be blamed tomorrow or questioned about failed investment in bitcoin through my direction
-
- Have you ever shared investment advice or opinions with others?
In real life? Yes I have. But I never started it. Only my friends have asked several times and asked for explanations regarding crypto and investment. Because they are starting to be interested in crypto. But here, I always emphasize that investing in crypto is high risk. So you have to really prepare yourself for various things. Such as mental and emotional readiness and stability, readiness for free money that they can afford to loose, and also readiness for prior knowledge about investing in crypto.
And the first thing I share is just about Bitcoin. I didn't dare to recommend altcoins, especially when they asked about meme coins (Doge at that time). So focus more on BTC. As for meme coins, I prefer to provide explanations about some general things, which are not directed at specific coins. because after all, the risk will be much higher.
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
No. I think it is unnecessary to share the advice for investment. When the people got losses, they will blame us. But if they ask for our opinion, we can share the general things about crypto investment. We just share our opinion, don't try to suggest the people to invest in certain coins. I always avoid to give the suggestion for the friends. I am afraid they will get loses, an they will blame me. :'(
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
No. I think it is unnecessary to share the advice for investment. When the people got losses, they will blame us. But if they ask for our opinion, we can share the general things about crypto investment. We just share our opinion, don't try to suggest the people to invest in certain coins. I always avoid to give the suggestion for the friends. I am afraid they will get loses, an they will blame me. :'(
I can actually relate. If you are the one that fall as victim in buying the wrong coin you would understand and stand up from that set back and keep going. But while others you advice to invest on that certain investment with you also fall as victims of such. You would be the one to be blamed.
That why any time anyone come and meet me bringing a question concerning which coin would be favourable for he or she I always recommend bitcoin, and the main altcoins.
-
In real life? Yes I have. But I never started it. Only my friends have asked several times and asked for explanations regarding crypto and investment. Because they are starting to be interested in crypto. But here, I always emphasize that investing in crypto is high risk. So you have to really prepare yourself for various things. Such as mental and emotional readiness and stability, readiness for free money that they can afford to loose, and also readiness for prior knowledge about investing in crypto.
And the first thing I share is just about Bitcoin. I didn't dare to recommend altcoins, especially when they asked about meme coins (Doge at that time). So focus more on BTC. As for meme coins, I prefer to provide explanations about some general things, which are not directed at specific coins. because after all, the risk will be much higher.
Perhaps it is important to be prepared in terms of understanding and spirit on the part of the listener. The crypto market is so volatile and sometimes beyond the imagination of many people, causing them to be shocked and seek to blame others. Your choice of BTC to introduce first is very wise, but aren't others suffering from FOMO because Altcoins have increased in price more than BTC?
No. I think it is unnecessary to share the advice for investment. When the people got losses, they will blame us. But if they ask for our opinion, we can share the general things about crypto investment. We just share our opinion, don't try to suggest the people to invest in certain coins. I always avoid to give the suggestion for the friends. I am afraid they will get loses, an they will blame me. :'
Currently, I also do not share my investment views, I only update information from the market to complete my own portfolio. I avoid mentioning specific tokens or ecosystems in discussions with friends and relatives.
As for some people who understand me, I still help them build their portfolios with care. Honestly, I'm also afraid that I'll make the mistake of making others lose and disappoint :P
-
In real life? Yes I have. But I never started it. Only my friends have asked several times and asked for explanations regarding crypto and investment. Because they are starting to be interested in crypto. But here, I always emphasize that investing in crypto is high risk. So you have to really prepare yourself for various things. Such as mental and emotional readiness and stability, readiness for free money that they can afford to loose, and also readiness for prior knowledge about investing in crypto.
And the first thing I share is just about Bitcoin. I didn't dare to recommend altcoins, especially when they asked about meme coins (Doge at that time). So focus more on BTC. As for meme coins, I prefer to provide explanations about some general things, which are not directed at specific coins. because after all, the risk will be much higher.
Perhaps it is important to be prepared in terms of understanding and spirit on the part of the listener. The crypto market is so volatile and sometimes beyond the imagination of many people, causing them to be shocked and seek to blame others. Your choice of BTC to introduce first is very wise, but aren't others suffering from FOMO because Altcoins have increased in price more than BTC?
No. I think it is unnecessary to share the advice for investment. When the people got losses, they will blame us. But if they ask for our opinion, we can share the general things about crypto investment. We just share our opinion, don't try to suggest the people to invest in certain coins. I always avoid to give the suggestion for the friends. I am afraid they will get loses, an they will blame me. :'
Currently, I also do not share my investment views, I only update information from the market to complete my own portfolio. I avoid mentioning specific tokens or ecosystems in discussions with friends and relatives.
As for some people who understand me, I still help them build their portfolios with care. Honestly, I'm also afraid that I'll make the mistake of making others lose and disappoint :P
Hi can I please get a little more explanation about bitcoin in general just an overall introduction, thank you.
-
I have given investment advice to some of my friends in the past, some of them made money, some of them lost money. However, none of them blamed me. However, I was very embarrassed because of my friend who lost money on my advice. I have only had one such incident in my life. After that, I never gave investment advice to anyone. I only talk about the future that cryptocurrencies want to create and the technology of cryptocurrencies now. Also, I tell them that I invest in cryptocurrencies and that investing in cryptocurrencies is a bit risky... This market is very fast. This market upsets people who act on their emotions. I don't want anyone to get upset because of me. So I try to be as careful as possible...
-
I can actually relate. If you are the one that fall as victim in buying the wrong coin you would understand and stand up from that set back and keep going. But while others you advice to invest on that certain investment with you also fall as victims of such. You would be the one to be blamed.
Sure. If we advice someone to invest in a certain crypto coin, he probably will blame us for the failure. But if he can success with the investment, he won't remember where he can get the idea to invest in. I have experienced this many times, so I prefer to stop advice anyone. It just ruins our reputation and it won't make other people to appreciate us.
Currently, I also do not share my investment views, I only update information from the market to complete my own portfolio. I avoid mentioning specific tokens or ecosystems in discussions with friends and relatives.
It is good, just do it yourself and don't share it with others. You are better to focus on your portfolio than you are busy to give suggestion to other people.
-
I can actually relate. If you are the one that fall as victim in buying the wrong coin you would understand and stand up from that set back and keep going. But while others you advice to invest on that certain investment with you also fall as victims of such. You would be the one to be blamed.
Sure. If we advice someone to invest in a certain crypto coin, he probably will blame us for the failure. But if he can success with the investment, he won't remember where he can get the idea to invest in. I have experienced this many times, so I prefer to stop advice anyone. It just ruins our reputation and it won't make other people to appreciate us. To avoid making this statement "had I known"
Currently, I also do not share my investment views, I only update information from the market to complete my own portfolio. I avoid mentioning specific tokens or ecosystems in discussions with friends and relatives.
It is good, just do it yourself and don't share it with others. You are better to focus on your portfolio than you are busy to give suggestion to other people.
That why if one is ready to invest expecially on this crypto space, he or she should do themselves good by making personal researching an habit. Because most people don't bother researching they just jump into investment aslong is bring hype by others which not good. Any time you see an hyped token take your time and research about that particular token before thinking of jumping in it.
-
I have given investment advice to some of my friends in the past, some of them made money, some of them lost money. However, none of them blamed me. However, I was very embarrassed because of my friend who lost money on my advice. I have only had one such incident in my life. After that, I never gave investment advice to anyone.
I understand your feeling: it's nice when we help our friends make a profit, and it's bad when they lose money. But at least you are not blamed, you have precious friends. I think a better way is to find accurate sources of information, KOLs who are really experienced and have a lot of success and then introduce them to your friends, they can refer to it and make their own investing decisions!
-
I have given investment advice to some of my friends in the past, some of them made money, some of them lost money. However, none of them blamed me.
I understand your feeling: it's nice when we help our friends make a profit, and it's bad when they lose money. But at least you are not blamed
we share our views on crypto market with others, not be blamed.
I learn the two stories above, there was a profit and there was a loss.
Those who lose don't blame you, I think your friend is a good person.
You have a good friend and can understand, also quite wise.
It's good thing in your life.
I never share my views on crypto market, because several my friends not wise.
I'm worried I'll end my friendship.
-
- Since I stumbled here in the field of cryptocurrency, I have not shared it with my acquaintances, because I think most people think that when we share an opportunity with our neighbors or friends, what often happens is that they don't make money. for the opportunity you gave, they will blame you when they lose money or don't make money.
Like what happened to you, it seems like your friend is blaming you for his losses. Why did he sell his Bitcoin at a loss? If he doesn't sell it, even if its value falls, he still won't lose money as long as he doesn't sell it, because if he does, it's a loss; that's just the way it is. Then we have no obligation to share with them what we do.
-
- Since I stumbled here in the field of cryptocurrency, I have not shared it with my acquaintances, because I think most people think that when we share an opportunity with our neighbors or friends, what often happens is that they don't make money. for the opportunity you gave, they will blame you when they lose money or don't make money.
Like what happened to you, it seems like your friend is blaming you for his losses. Why did he sell his Bitcoin at a loss? If he doesn't sell it, even if its value falls, he still won't lose money as long as he doesn't sell it, because if he does, it's a loss; that's just the way it is. Then we have no obligation to share with them what we do.
Well, it's not bad that you share things, the important thing is that things can happen with good intentions, if we share something crypto with people who have no idea what this is like, then we can intuit that things can be variable, that is , we have to tell them that things can happen or they can't happen, that in the case they don't happen, well at least we tried, but we can't give them certainty so they don't get their hopes up, so sometimes we have to tell them. Sometimes the Peroans are ungrateful, because when you share certain things you expect them to at least thank you for the good gesture, because whoever comes and tells you: Hey look, I make money like this and with this and that?, who ? No one, only us who do things from the heart, just so that others are well.
For me, in particular, when I see that a friend, neighbor or someone I don't even know is doing well, I am happy, and I wish them that I hope they do better, but that is the attitude, although of course there are people who are very envious and suffer. When someone does well, I think that in Crypto, if they want to share things with someone, they should do it and that person will see if they want to value it or not.
-
It is actually good to share ideas about crypto but let's just leave it like that it is not advisable to encourage everyone to jump-in without having their own due deligence so no one will blame you if they've failed or lose.
-
The crypto market is abuzz with excitement, and it seems like everyone is talking about it. However, not everyone is profiting from this speculative market. In fact, someone has to lose money. This is a part of the market, but many people seem to forget about the risk of loss or even small losses. This lack of risk awareness is causing me some trouble, as I'm receiving a lot of blame from a few friends.
This is what you get from trying to help out but lack of awareness was what caused their problems but they are there blaming you for their misfortunes. A good crypto investor is supposed to learn and understand the ways of the crypto and if they did they would understand that no investors are to carry out their own research before investing in any coin and not just follow what they are being told to do blindly. Everyone must carry the responsibility of their decisions and not blame others for their actions and failures.
- The 1st friend: We were both DCA into Bitcoin and achieved some profit. However, she blamed me for being too cautious and missing out on a huge opportunity to make a 900% gain with SOL.
- The 2nd friend: I shared my belief that BTC price would continue to grow in the long run, possibly peaking in 2025. He took my opinion and started buying BTC a few weeks ago at around 45,000 USD. Now, with BTC down by about 7%, he's blaming me for causing him to FOMO and make poor decisions that led to his losses.
- The 3rd friend: I once warned her about the high volatility of the crypto market and the significant risks involved. As a result, she opted to stay away and instead invested in gold. However, with BTC having surged by over 200% from its low, she's now regretting her decision and blaming me for discouraging her from participating in this lucrative opportunity.
What i understand from these three situations is that they are not knowledgeable and followed your instructions without knowing we all have different opinions on things and that everyone has what works best for them, they followed your strategy and are complaining bitterly about it because it didn’t work wonders for them.
- Have you ever shared investment advice or opinions with others?
I have never given an investment advice to anyone before because i am aware if things go wrong they will surely put the blame on me so I'd rather just keep it to myself. If i ever will share ann investment advice with others i will surely make sure to warn them to carry out their own research and only use my advice as a guide as nothing is guaranteed from following my strategies.
-
we share our views on crypto market with others, not be blamed.
I learn the two stories above, there was a profit and there was a loss.
Those who lose don't blame you, I think your friend is a good person.
You have a good friend and can understand, also quite wise.
It's good thing in your life.
I never share my views on crypto market, because several my friends not wise.
I'm worried I'll end my friendship.
Sometimes we have to avoid sensitive topics like investing to protect ourselves and our friendships!
After all, investing and crypto are just small parts of life, we have more to talk and discuss than about something that can ruin our friendship. I'm doing the same thing: avoid talking about crypto everywhere, no matter how excited the crypto market is.
- Since I stumbled here in the field of cryptocurrency, I have not shared it with my acquaintances, because I think most people think that when we share an opportunity with our neighbors or friends, what often happens is that they don't make money. for the opportunity you gave, they will blame you when they lose money or don't make money.
Like what happened to you, it seems like your friend is blaming you for his losses. Why did he sell his Bitcoin at a loss? If he doesn't sell it, even if its value falls, he still won't lose money as long as he doesn't sell it, because if he does, it's a loss; that's just the way it is. Then we have no obligation to share with them what we do.
Most people are busy with their work and have little chance to learn carefully about investing and the crypto market, they will become the losing crowd. I think it's fine for you to avoid talking about crypto, if it's dangerous for the other person's finances and your relationship.
I don't want to accept the blame, I think you do too.
It is actually good to share ideas about crypto but let's just leave it like that it is not advisable to encourage everyone to jump-in without having their own due deligence so no one will blame you if they've failed or lose.
My problem is that sometimes I am encouraged to do that, but in the end despite my warnings, friends will always tend to blame when losses occur. Maybe I should change my avatar to "I don't give investment advice" ;D
This is what you get from trying to help out but lack of awareness was what caused their problems but they are there blaming you for their misfortunes. A good crypto investor is supposed to learn and understand the ways of the crypto and if they did they would understand that no investors are to carry out their own research before investing in any coin and not just follow what they are being told to do blindly. Everyone must carry the responsibility of their decisions and not blame others for their actions and failures.
What i understand from these three situations is that they are not knowledgeable and followed your instructions without knowing we all have different opinions on things and that everyone has what works best for them, they followed your strategy and are complaining bitterly about it because it didn’t work wonders for them.
I have never given an investment advice to anyone before because i am aware if things go wrong they will surely put the blame on me so I'd rather just keep it to myself. If i ever will share ann investment advice with others i will surely make sure to warn them to carry out their own research and only use my advice as a guide as nothing is guaranteed from following my strategies.
Human psychology is really complicated, especially the psychology of investors, when they are under pressure about money. Perhaps I should not expect the wisdom of others, instead I should find a way to protect myself by remaining silent and sharing less information about crypto.
But there is still a possibility that I will be blamed because I work as a translator in the crypto market, I know the information but do not share it with them 8)
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
1. Yes, but this is only investment sharing, not a financial and investment advice. So, if my friends are willing to use the similar strategy or choices or not, it will really depend on them. I never recommend someone t=to follow or choose certain coins. Only sharing if they want it.
2. Once again, because I don't recommend what I screen, it just serves as sharing material, I usually won't be too specific in asking about the results. because they definitely also have several strategies to apply, but they don't just follow us 100%. Regarding whether the result is successful or not, it will also depend on their own decision
3. Thanks for sharing. That's enough and no expect more
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
Yes, I have shared investment advice and opinions with others but I told them to do your own research instead of trusting my words and if after your research is completed and you feel that it's going to be a profitable thing for you then invest in it. A few of those have invested in crypto after following my advice and have made some good profits while some of them avoided crypto altogether due to the risks, and very few of them invested in pre-sale tokens just with their own research, which caused them huge losses.
I mostly suggest Bitcoin investments and a few other altcoin investments and so far most of them made some profits or very little losses. I surely receive some praise from those people who followed my advice but a few people also regret that why didn't they invested in Bitcoin or Ethereum in 2018-2019. I told them to buy Ethereum and Bitcoin back then, and I also said to them that those two coins will give them some good profits but they didn't like my advice because the Bitcoin's and crypto-market's crash of 2018.
-
It is actually good to share ideas about crypto but let's just leave it like that it is not advisable to encourage everyone to jump-in without having their own due deligence so no one will blame you if they've failed or lose.
What you say is quite in line with what I have experienced in the environment because sometimes people don't share the same opinion as we know what cryptocurrency is. It's better to remain silent so as not to provide any encouragement to understand cryptocurrency because when the person you are discussing about cryptocurrency loses money, they will potentially blame you.
-
What you say is quite in line with what I have experienced in the environment because sometimes people don't share the same opinion as we know what cryptocurrency is. It's better to remain silent so as not to provide any encouragement to understand cryptocurrency because when the person you are discussing about cryptocurrency loses money, they will potentially blame you.
I really agree with what you say, and it's better to do that to be safer while still maintaining privacy so that when people think you are an ordinary person but actually you have expertise in the field of cryptocurrency, it would be better so you can find out how and to what extent that person knowing cryptocurrency and playing dumb about cryptocurrency doesn't hurt.
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
First, I will say you did nothing wrong at all. First, you did not give them any investment advice. What you did was share your view of bitcoin with them and make them understand the risk involved, and they chose their own part.
There is one thing that I know in this crypto space, and that's this: if someone walks up to me for information, I only owe that person an explanation, and whatever decision the person takes after that is not going to be my problem, and the person should be solely responsible for that and not me who has them the information.
One good thing about this entire situation is that no one was able to lose any money, and aside from that, people are always advised to do their own research (DYOR). The information you get from me, in addition to the ones you gather yourself, should be enough to make up your decision and not to rely only on my information.
-
I really agree with what you say, and it's better to do that to be safer while still maintaining privacy so that when people think you are an ordinary person but actually you have expertise in the field of cryptocurrency, it would be better so you can find out how and to what extent that person knowing cryptocurrency and playing dumb about cryptocurrency doesn't hurt.
If only discuss about crypto market views, I think It's not problem.
But we should know who is the man there.
But I agree, we shouldn't share our views about crypto market with others, if they lost will blame us.
Avoid discussing with newbies, it's very painful
-
These experiences have made me realize that even without explicitly giving investment advice, my friends still view me as responsible for their investment successes and failures. Ironically, when they made big profits, they barely acknowledged my role, let alone express gratitude. It seems they only value the profits generated by their investments, not the relationships that led to those gains.
True, it is typically the answer we receive from those we teach. We can't blame them since, despite being from different races and origins, we don't all have the same ideas and understandings about one thing, but we can all be educated. That is why, while teaching others, it is preferable not to worry what others say, as long as we help them by trying our best. This will help us not hesitate to help others next time.
-
These experiences have made me realize that even without explicitly giving investment advice, my friends still view me as responsible for their investment successes and failures. Ironically, when they made big profits, they barely acknowledged my role, let alone express gratitude. It seems they only value the profits generated by their investments, not the relationships that led to those gains.
True, it is typically the answer we receive from those we teach. We can't blame them since, despite being from different races and origins, we don't all have the same ideas and understandings about one thing, but we can all be educated. That is why, while teaching others, it is preferable not to worry what others say, as long as we help them by trying our best. This will help us not hesitate to help others next time.
teaching others is like giving alms. We don't need to be acknowledged and thanked.
But when they fail they will blame us for this which is painful.
That's why I didn't share.
Better to silent.
We didn't take profit from this but blamed.
It's funny.
But it's investment world.
So , think we shouldn't share our views on crypto market with others
-
snip
That's why I refrain from financial advice to friends and family. I know stories about how one friend advised another to buy Ethereum. And he bought it, after which the strongest price drop immediately began. And that guy got a lot of money, and then he didn't wait for the price to rise again - he just transferred Ethereum back to fiat.
Of course, it was a very unpleasant moment between these guys.
It is best not to share your market view with people who do not understand that only they themselves are responsible for their wallet.
-
I don't see any problem in sharing our views, as long as we don't influence others in any way. There are people who are very easily influenced, especially when money is involved, who do not know how to distinguish between a comment/opinion and FOMO, and that can be a problem for them, especially if they are inexperienced users. Users with less experience are those who want to do things faster, the desire to make money does not allow them to think to realize that an opinion is nothing more than that.
-
This lack of risk awareness is causing me some trouble, as I'm receiving a lot of blame from a few friends.
somehow that's our fault too. it is lacking or poor communication that gets us in trouble. when we share details of any crypto related thing to our friends or give them some financial advice (wihich we should never done at first place) we must make ourselves clear to them by telling them all the risk factors and every possible scenario.
Now it is hard to teach new people about crypto. but after spending some years in crypto we feel like it is our responsiblity to share this beautiful opportunity with our friends and family members. but when we do that we try to make it so convincing that we forget the main thing. which is risk of loosing.
-
I don't see any problem in sharing our views, as long as we don't influence others in any way. There are people who are very easily influenced, especially when money is involved, who do not know how to distinguish between a comment/opinion and FOMO, and that can be a problem for them, especially if they are inexperienced users. Users with less experience are those who want to do things faster, the desire to make money does not allow them to think to realize that an opinion is nothing more than that.
The sad thing is that people without knowledge and experience often frantically search for investment opportunities and ignore all risks in the market. They want to invest, they need a reason to invest immediately, they need 1 token to buy now or a long/short x50 order immediately before the opportunity passes... And no matter how we provide them with information, they will always consider it investment advice and will blame them when they experience losses :'(
somehow that's our fault too. it is lacking or poor communication that gets us in trouble. when we share details of any crypto related thing to our friends or give them some financial advice (wihich we should never done at first place) we must make ourselves clear to them by telling them all the risk factors and every possible scenario.
Now it is hard to teach new people about crypto. but after spending some years in crypto we feel like it is our responsiblity to share this beautiful opportunity with our friends and family members. but when we do that we try to make it so convincing that we forget the main thing. which is risk of loosing.
I learned a big lesson from this experience, I tried warning about the risks but usually no one listened. Everyone thinks they have a seat on the crypto train to wealth. No matter what I try, there will always be the possibility of being blamed for: keeping them from wealth, getting them on the wrong slow and unprofitable train, or causing them to lose money for tickets.
Human psychology is a complicated thing, I decided to stay quiet and focus on my own work. I only talk about crypto with people who are enlightened about investing 8)
-
Well you honest views on the market can definitely be of help to someone out there and also you can benefit from someone's view on the market too.
I would not have any issues with anyone giving their views on the market or even possible market predictions if it's honest but the issue is that there are those who for incentives or just being mischievous give out views that are intentionally meant to cause FOMO and FUD, so always do your research before sharing your views or taking someone's view.
-
These experiences have made me realize that even without explicitly giving investment advice, my friends still view me as responsible for their investment successes and failures. Ironically, when they made big profits, they barely acknowledged my role, let alone express gratitude. It seems they only value the profits generated by their investments, not the relationships that led to those gains.
True, it is typically the answer we receive from those we teach. We can't blame them since, despite being from different races and origins, we don't all have the same ideas and understandings about one thing, but we can all be educated. That is why, while teaching others, it is preferable not to worry what others say, as long as we help them by trying our best. This will help us not hesitate to help others next time.
teaching others is like giving alms. We don't need to be acknowledged and thanked.
But when they fail they will blame us for this which is painful.
That's why I didn't share.
Better to silent.
We didn't take profit from this but blamed.
It's funny.
But it's investment world.
So , think we shouldn't share our views on crypto market with others
Some people are prefer to remain silent of what they have learned in crypto especially they know that teaching newbies is quite hard and sometimes when they not follow you they blame you if they made mistakes. Being silent is better but sometimes you have to share it to others as you know that it really benefits them to make their life better in the future, especially today that the halving of Bitcoin is getting nearer. We all believe that the key for the Bitcoin to create new ATH is the halving which is just around the corner. So for me, sometimes sharing is better.
-
This is why we are humans and that us why I hardly tell people to invest in bitcoin only if they show the interest and they are also eager to invest, because whatever happens to their investment, they will blame you for the loss. I do let them know that I will not be responsible should incase the price of bitcoin dips, and I do encourage them to invest in a long term, and with their spare money that they wouldn't need for a very long term, so that they can make profit and save me the blame. However, if they turn deaf ears on me, I don't listen to them when they come complaining to me.
-
This is why we are humans and that us why I hardly tell people to invest in bitcoin only if they show the interest and they are also eager to invest, because whatever happens to their investment, they will blame you for the loss. I do let them know that I will not be responsible should incase the price of bitcoin dips, and I do encourage them to invest in a long term, and with their spare money that they wouldn't need for a very long term, so that they can make profit and save me the blame. However, if they turn deaf ears on me, I don't listen to them when they come complaining to me.
Therefore, if you really want to tell a friend or relative that you now consider the price of bitcoin acceptable for purchase, then you can simply say: "I have just bought bitcoin for my portfolio, but this is my personal opinion, you think for yourself what to do. You've heard my opinion." Such a phrase does not impose responsibility on you, because you are just talking about what you have done. And if the person listening to you makes a mistake in the purchase, he should only blame himself.
-
- The 1st friend: We were both DCA into Bitcoin and achieved some profit. However, she blamed me for being too cautious and missing out on a huge opportunity to make a 900% gain with SOL.
- The 2nd friend: I shared my belief that BTC price would continue to grow in the long run, possibly peaking in 2025. He took my opinion and started buying BTC a few weeks ago at around 45,000 USD. Now, with BTC down by about 7%, he's blaming me for causing him to FOMO and make poor decisions that led to his losses.
- The 3rd friend: I once warned her about the high volatility of the crypto market and the significant risks involved. As a result, she opted to stay away and instead invested in gold. However, with BTC having surged by over 200% from its low, she's now regretting her decision and blaming me for discouraging her from participating in this lucrative opportunity.
I guess you forgot the magic phrase.
"Not a financial advice. Invest at your own risk."
I laughed a bit TBH because they blamed you, but TBH, this is also the reason why I don't want to share anything related to investments with anybody. If I will share some views on any market whether it's the stock market, or crypto market, I always share the pros and cons of it. For the 1st case, just tell her to invest in lower market cap coins to gain that 900% profit. For the 2nd case, you didn't say that the opposite can happen - that you might be wrong in your prediction. For the 3rd case, just let her invest. :D
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
1. Like I said above, I shared investment advice with other people, but it's limited. In the end, I let them do the research if they really are interested in it.
2. I shared what I know about crypto with somebody. She invested a few hundred bucks in crypto, and she experienced losses, but before she invested her money, I already said that there was a chance that she could get impermanent loss, and told to her to just hold until you got a profit. It turned out pretty well for her, and she got profits from that investment.
3. Nope, and TBH, I don't need any praise. As for criticisms, I need it so I can make some adjustments.
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
Of course I discuss my investment portfolio with my colleagues and discuss my investment style and investment experience with my colleagues.
But after discussing these investments with my colleagues there is definitely a mixed reaction and there are some colleagues who after listening to my talk critique become interested in investing and budget a small part of their monthly salary to invest and invest.
But not everyone will invest as I say, but there are many colleagues who listen to my talk and reprimand and express disinclination to invest. I always try to convince them but fail.
-
.
Do not only tell them about the advantage and the profit they will make, but also make sure to tell them about the risk and let them be the ones to make a decision to invest or not. I guess your friends will blame you because you missed telling them about the volatile nature of Bitcoin and also asking them if they would invest and hold it for a long time until they made a profit.
I have had such blame on before so I wouldn't want it to repeat itself again at all so before I even tell any of my friends I first find out how curious they are when it comes to things concerning crypto and how eager are they to learn before most people I know that started developing interest on crypto was due to the good advantage and profits they think they can easily get because that's what drives every man, so I start always with my lecture targeted at the disadvantage and the struggles involved in it before letting them experience the good part themselves so to avoid any unnecessary blame and regrets by any of my friend.
-
The sad thing is that people without knowledge and experience often frantically search for investment opportunities and ignore all risks in the market. They want to invest, they need a reason to invest immediately, they need 1 token to buy now or a long/short x50 order immediately before the opportunity passes... And no matter how we provide them with information, they will always consider it investment advice and will blame them when they experience losses :'(
I have seen cases like the ones you mention more times than I would have liked, but there comes a time when I think it is inevitable that these things will happen, even if we insist to the people around us and repeat it a hundred times. They don't want to listen to anyone and want to invest quickly, but then it's too late. I stopped trying to advise people around me about these things because I realized I was wasting my time and the frustration wasn't worth it. Curiously, all the cases I mentioned ended with the loss of 100% of the investments. It's not my money, it's not my problem...
-
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
# When it comes on Investing on bitcoin then i remember that i have told some of my friends on doing so, for some altcoins too in the market.
# Some do appreciate on what i have recommended on the time that they've been able to see their portfolio is on green, but of course it would really be likewise when it turns out to be red. :)
# There are friends who do really appreciate those recommendation or advises but it cant really be avoided that some of those would really
be having those kind of blaming on the time that they are losing money.
This is why it did come into a point that i have stopped on making or giving out recommendations due to this very sole reason.
-
Views/Opinions are fine, but predictions are a bit more risky. You could of course talk in general about crypto and nothing will happen about that, it would be fine in that regard and there is nothing you could do about that. However, if we are talking about something bigger, then we should not be really considering that as an option at all. Ignore all of it, and just focus on what you could do yourself, without the addition of anything else. Obviously, if you start talking about predictions then its not going to be all that easy, and we will definitely have something that might be wrong and if we suggest it to others, then we will make them lose too.
-
teaching others is like giving alms. We don't need to be acknowledged and thanked.
But when they fail they will blame us for this which is painful.
That's why I didn't share.
Better to silent.
We didn't take profit from this but blamed.
It's funny.
But it's investment world.
So , think we shouldn't share our views on crypto market with others
As a matter of fact, if you share your trading experiences with some people, they will not even inform you when they make profit but when they run loses that's when the will look for what to throw their blame on. Me personally, I can freely share my trading experience with a friend whom is serious to learn but I will clearly state the risk that is involved and warn you not to blame me if you face any loses.
-
:)
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
I don't discuss cryptocurrency with anyone except one or two of my close friends because cryptocurrency is illegal in my country. Using cryptocurrency in my country is very risky because cryptocurrency is illegal in my country. So I always stay safe and use cryptocurrency. Even after working all the time keeping myself safe, many people criticize me that how do I earn? I get critical of all these discussions which is why I never share anything about cryptocurrency with anyone. But many can share their investments with others and they get good reviews. But my point is always keep yourself safe and go ahead never put yourself in danger.
-
I don't discuss cryptocurrency with anyone except one or two of my close friends because cryptocurrency is illegal in my country. Using cryptocurrency in my country is very risky because cryptocurrency is illegal in my country. So I always stay safe and use cryptocurrency.
Be careful mate, If in your country crypto is illegal. Don't share to another. I confuse why in your country crypto is illegal, but we know several countries allow crypto.
Such as in my country, the government allow but didn't legalized. But Not ban crypto, So I can trade and invest in crypto currency.
-
I don't discuss cryptocurrency with anyone except one or two of my close friends because cryptocurrency is illegal in my country. Using cryptocurrency in my country is very risky because cryptocurrency is illegal in my country. So I always stay safe and use cryptocurrency.
Be careful mate, If in your country crypto is illegal. Don't share to another. I confuse why in your country crypto is illegal, but we know several countries allow crypto.
Such as in my country, the government allow but didn't legalized. But Not ban crypto, So I can trade and invest in crypto currency.
Good advice, if it's still illegal in a country for crypto, it's better not to talk about it in public, especially not even to friends who can't necessarily be trusted later. Being vigilant is a must to avoid legal sanctions that can be imposed.Indeed, there are still many countries that are still antipathetic to technological progress, and in that case, of course, crypto must be used as a role model for the nation's progress.Like in your country, the government permits but does not legalize, and trade is still not prohibited.Every country has regulations that we cannot know why there is this prohibition.
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
1 - I only give opinions and advice when asked by someone. I can't spread uncertain news unless someone is ready to accept the risk of my advice. Sometimes, even if we use the same techniques as others, we might get different results.
2 - It's diverse. Some succeed, and some fail. Maybe it's due to their varying luck.
3 - Sometimes, yes, but I don't see it as praise. Living in hope of praise alone doesn't give me enough experience. I do what I want without expecting praise or anything else to come from it. I sometimes prefer criticism, but the constructive kind.
-
teaching others is like giving alms. We don't need to be acknowledged and thanked.
But when they fail they will blame us for this which is painful.
That's why I didn't share.
Better to silent.
We didn't take profit from this but blamed.
It's funny.
But it's investment world.
So , think we shouldn't share our views on crypto market with others
As a matter of fact, if you share your trading experiences with some people, they will not even inform you when they make profit but when they run loses that's when the will look for what to throw their blame on. Me personally, I can freely share my trading experience with a friend whom is serious to learn but I will clearly state the risk that is involved and warn you not to blame me if you face any loses.
Exactly. Pointing fingers when something bad will happen to people is quiet common especially on investment category and I don't want to be in that situation. Sometimes our strategy works only on our own and it might be complicated for others so much better to keep it ourselves. It is okay if they are showing interest on what we do just don't encourage others to jump-in just play safe.
-
In my area, there are still not many people who understand about cryptocurrency. Only one or two, and even they work separately to hide this cryptocurrency from the general public.
However, I have friends who have groups on social media who have been providing advice and opinions about the crypto market.
And that's where I usually share my views about the crypto market, namely with certain people I know closely.
-
In my area, there are still not many people who understand about cryptocurrency. Only one or two, and even they work separately to hide this cryptocurrency from the general public.
However, I have friends who have groups on social media who have been providing advice and opinions about the crypto market.
And that's where I usually share my views about the crypto market, namely with certain people I know closely.
Yes, I think I'm the only one who experiences the same thing as you, it seems like crypto is still not widely spread. So I myself never talked about it to those around me, but rather to distant friends who first introduced me to crypto.Not many people are familiar with the environment, and it is difficult to talk to them about this problem. It is better to just keep quiet.
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
of course in this forum there are lots of advises being asked and give , but in real life? I only give to a very few .
- How did those investments turn out for them?
in some of my friends it is good , but for those who are here in the forum ? i dont know.
- Did you receive praise or criticism for your insights?
praise maybe ? because those friends I have advised are good in their holding now.
-
This is why we are humans and that us why I hardly tell people to invest in bitcoin only if they show the interest and they are also eager to invest, because whatever happens to their investment, they will blame you for the loss. I do let them know that I will not be responsible should incase the price of bitcoin dips, and I do encourage them to invest in a long term, and with their spare money that they wouldn't need for a very long term, so that they can make profit and save me the blame. However, if they turn deaf ears on me, I don't listen to them when they come complaining to me.
Crypto is trickish and I'm very mindful of what I tell others to buy and when to buy but we have some people that when you tell them to buy Bitcoin only, they think you are limiting their potential to what buy and the profit to make from the market. Some don't get it until after they have loss the money invested on bad coins before they realize that it's already late and money lose can't be recovered again.
As for sharing information with people, I only does with people that are into crypto for my own safety because people cannot be trusted you know. They can share your information that you own crypto and then later attack you in the night. Even as for the crypto enthusiast discussion, I don't reveal my the amount I hold just to be safe but we can discuss about the coin all night and learn latest update.
-
Crypto is trickish and I'm very mindful of what I tell others to buy and when to buy but we have some people that when you tell them to buy Bitcoin only, they think you are limiting their potential to what buy and the profit to make from the market. Some don't get it until after they have loss the money invested on bad coins before they realize that it's already late and money lose can't be recovered again.
Because crypto is complicated, I agree that it is necessary to be careful when providing information, especially if the information provided is only good but not as a whole, where the bad effects will occur when following crypto.
If what was done at that time was indeed beneficial, of course there was no problem, but if the lost of the funds occurred, of course this would have its own problems.It is better for them to look for their own information on a forum like this so that it can be studied.
As for sharing information with people, I only does with people that are into crypto for my own safety because people cannot be trusted you know. They can share your information that you own crypto and then later attack you in the night. Even as for the crypto enthusiast discussion, I don't reveal my the amount I hold just to be safe but we can discuss about the coin all night and learn latest update.
Of course, fellow Crypto fans will not have a problem because they clearly already know in detail what Crypto is, so only sharing knowledge that might be renewable.Naturally, if you are also afraid of information about Crypto's ownership, so that there is an unknown person who knows that you have Crypto, it's only natural that you must indeed be more protective and not share information.
-
As for sharing information with people, I only does with people that are into crypto for my own safety because people cannot be trusted you know. They can share your information that you own crypto and then later attack you in the night. Even as for the crypto enthusiast discussion, I don't reveal my the amount I hold just to be safe but we can discuss about the coin all night and learn latest update.
Agree mate, we can discuss about crypto and share information to the people which love and invest in crypto, it's better. Don't share our views market with the people which didn't know about crypto. They will blame us if they lose. It's annoying. I have crypto community in my life, So I discuss there.
-
Agree mate, we can discuss about crypto and share information to the people which love and invest in crypto, it's better. Don't share our views market with the people which didn't know about crypto. They will blame us if they lose. It's annoying. I have crypto community in my life, So I discuss there.
Yeah, in short we are not obliged to tell or share our success stories here in the crypto world really. Let us just wait for their curiousity and courage to ask us about crypto there is no need for us to be a hero for them as they might blame you for their loss.
-
In the beginning, we thought that it's going to be good to tell others about crypto and our investments. However, it turns out to be a bad decision as we don't know that there could be criminals around, hearing about your stories and you might be a target.
So it's better to keep quiet, we might share our views like in this community or the other one.
But in real life, it might not be the correct one. Or if someone you talking to might get the interpretation that you swaying them to invest and they might blame you if their investments was not as good as you might have picture it for them.
-
In the beginning, we thought that it's going to be good to tell others about crypto and our investments. However, it turns out to be a bad decision as we don't know that there could be criminals around, hearing about your stories and you might be a target.
So it's better to keep quiet, we might share our views like in this community or the other one.
But in real life, it might not be the correct one. Or if someone you talking to might get the interpretation that you swaying them to invest and they might blame you if their investments was not as good as you might have picture it for them.
I personally never attract other to join in crypto world. Because It's risky. If they have lost , they will blame us.
I agree with you, better to quiet and only share in crypto community.
In my cycle, don't know crypto, they want to know. I just suggest them to read in news, article and web.
-
If sharing is really needed, especially for discussions, exchanging ideas and information, clarifying problems or people's views about crypto, or there are people who need information about this, then there is no problem sharing information.
but not sharing private information such as the assets we own, where the assets are, and moreover private data such as private keys, PINs and others which might be dangerous.
-
- There is nothing wrong if we share what we know here in the crypto space community, specifically here on this forum platform. And if someone criticizes, that's fine too, because we are trained to deal with other people about whether the opinions we express are correct or not, or if we can get a moral lesson from what other communities are saying here.
So, sharing one another's ideas here is a good way to grow our knowledge of each other, especially in the matter of crypto or Bitcoin.
-
but not sharing private information such as the assets we own, where the assets are, and moreover private data such as private keys, PINs and others which might be dangerous.
Private information shouldn't be shared with other people. Although sometimes we use them to verify data on centralized exchanges. However, for a very secret information like password or private keys are never shared to others. We must be aware the impacts that we share our private data, people may steal our assets. Or they may sell our data on black market.
-
If sharing is really needed, especially for discussions, exchanging ideas and information, clarifying problems or people's views about crypto, or there are people who need information about this, then there is no problem sharing information.
but not sharing private information such as the assets we own, where the assets are, and moreover private data such as private keys, PINs and others which might be dangerous.
Well, as you said, I really agree that it is better to keep personal assets because they can trigger problems. It is better to talk about a project that is developing and how profits can be obtained. Not everyone understands how to discuss things well; therefore, you have to find people who, when invited to discuss, are not too arrogant and still use calm sentences.
-
Honestly, I want to share my views on this problem with my offline friends, but it's a shame that in my area, I can't find a crypto community, either they close themselves off or don't exist at all in my area.
even though if there was, maybe I could exchange ideas about which coins to invest in
-
I never share our views with friends, because good intentions have not yet ended well. If our analysis is wrong, they will blame us. If it is true and they make a profit it will be silent.
There are many human characters on this earth, we should be quiet and enjoy investing. They only want profit and don't understand the risks.
Crypto world is very risky, and they don't know
-
- Have you ever shared investment advice or opinions with others?
Actually if someone needs our help then we can provide them information otherwise it is not advisable to share your views and thoughts with others because everyone has his own opinion and we cannot change it according to our desires. Other thing is that if we share our opinions with others and it does not give them any beneficial results then they will always put blame on us.
In current era no one wants to share his success with others because either your success will not be acceptable by others or they will share their negative thoughts in order to force you to leave your desires field. If our relatives and friends wants to ask about the reason of our success then we should share with them but remember just share mechanism not the whole details as even relatives cannot be trusted these days.
-
I never share our views with friends, because good intentions have not yet ended well. If our analysis is wrong, they will blame us. If it is true and they make a profit it will be silent.
There are many human characters on this earth, we should be quiet and enjoy investing. They only want profit and don't understand the risks.
Crypto world is very risky, and they don't know
Always, whatever we do is for the best and has a very clear purpose. The same goes for those of you who don't want to share your views, and I understand. Hm...., that's the reality of the world, where if we help provide analysis, there will be two different sides that will occur: one that is beneficial but seems like they don't know, and the other side is actually blaming.Human character is like that; it is difficult to predict, just like analyzing crypto, it is just as complicated.
-
- Have you ever shared investment advice or opinions with others?
In current era no one wants to share his success with others because either your success will not be acceptable by others or they will share their negative thoughts in order to force you to leave your desires field. If our relatives and friends wants to ask about the reason of our success then we should share with them but remember just share mechanism not the whole details as even relatives cannot be trusted these days.
This story is the same as mine because in the past I often discussed cryptocurrency together but now I don't share because there are too many risks that I have to face.
This is also a lesson for me because I used to share about cryptocurrency but when they experienced losses caused by their trading in cryptocurrency then they blamed me as the culprit.
From this experience, I no longer want to share about cryptocurrency with everyone because I'm tired of people blaming me when they experience losses, even though previously I gave them a warning with the word "DWYOR".
-
I try to refrain from giving advice, especially in financial matters, because I understand that investments can be extremely personal and individual decisions. Additionally, financial decisions can have a strong impact on our relationships. Advice that seems good to me may not be suitable for others, and incorrect advice can harm our friendship. Therefore, I prefer to maintain friendly relations and respect everyone's personal financial decisions.
-
There's nothing bad in sharing of ideas on trading and investment with others, we are doing so by helping them identify what is needed of them to do while on it, but we also on our own needed to be careful of every information's we receives in form of ideas, there's need for us to analyze and re-evaluate them before proper application, while sharing ideas, we should also be very careful of not misleading others just as we wouldn't also wanted to be given a wrong information as a piece of idea.
-
I try to refrain from giving advice, especially in financial matters, because I understand that investments can be extremely personal and individual decisions. Additionally, financial decisions can have a strong impact on our relationships. Advice that seems good to me may not be suitable for others, and incorrect advice can harm our friendship. Therefore, I prefer to maintain friendly relations and respect everyone's personal financial decisions.
A wise decision! Financial advice is something we should avoid when possible to protect our assets and relationships. It would be bad if the person listening to the advice is not knowledgeable enough to apply it effectively and responsible enough to accept losses.
There's nothing bad in sharing of ideas on trading and investment with others, we are doing so by helping them identify what is needed of them to do while on it, but we also on our own needed to be careful of every information's we receives in form of ideas, there's need for us to analyze and re-evaluate them before proper application, while sharing ideas, we should also be very careful of not misleading others just as we wouldn't also wanted to be given a wrong information as a piece of idea.
You know, when a person is Fomo, they will always consider all positive information about the market as investment advice, and what's worse is that they only focus on opportunities and profits while ignoring all information about the accompanying risks. It is difficult to help their investment psychology return to a balanced position to analyze the market wisely.
-
You know, when a person is Fomo, they will always consider all positive information about the market as investment advice, and what's worse is that they only focus on opportunities and profits while ignoring all information about the accompanying risks. It is difficult to help their investment psychology return to a balanced position to analyze the market wisely.
That's the fact, if someone is having FOMO, only thinking about profits, they don't understand the risks. Experience will bring the mentality of people like that back to a balanced position to analyze the market wisely. We can't force them, but they will learn from their failures and mistakes.
-
The crypto market is abuzz with excitement, and it seems like everyone is talking about it. However, not everyone is profiting from this speculative market. In fact, someone has to lose money. This is a part of the market, but many people seem to forget about the risk of loss or even small losses. This lack of risk awareness is causing me some trouble, as I'm receiving a lot of blame from a few friends.
- The 1st friend: We were both DCA into Bitcoin and achieved some profit. However, she blamed me for being too cautious and missing out on a huge opportunity to make a 900% gain with SOL.
- The 2nd friend: I shared my belief that BTC price would continue to grow in the long run, possibly peaking in 2025. He took my opinion and started buying BTC a few weeks ago at around 45,000 USD. Now, with BTC down by about 7%, he's blaming me for causing him to FOMO and make poor decisions that led to his losses.
- The 3rd friend: I once warned her about the high volatility of the crypto market and the significant risks involved. As a result, she opted to stay away and instead invested in gold. However, with BTC having surged by over 200% from its low, she's now regretting her decision and blaming me for discouraging her from participating in this lucrative opportunity.
These experiences have made me realize that even without explicitly giving investment advice, my friends still view me as responsible for their investment successes and failures. Ironically, when they made big profits, they barely acknowledged my role, let alone express gratitude. It seems they only value the profits generated by their investments, not the relationships that led to those gains.
I understand the importance of sharing knowledge and exchanging opinions to strengthen connections. However, it appears that these efforts are not always reciprocated in the same manner. Ultimately, it seems that some people prioritize personal gains over maintaining meaningful relationships. Perhaps it's time to exercise caution in investment conversations and focus on my work :)
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
- I recently had a relative ask me about Bitcoin, and he was wondering if it was okay to invest in it. He asked me this because it reached him that I am here in the field of crypto business. Because someone is encouraging him to invest in Bitcoin.
That's why I told him that no company, not even the government, can claim to own Bitcoin. Because anyone can be the owner of Bitcoin, rich or poor,. Then I told him that he doesn't need to be dictated to just buy Bitcoin; it's better that you buy Bitcoin that we do research on it ourselves, and we ourselves will discover that it is really good to invest in it, not because of what others have said.
-
That's the fact, if someone is having FOMO, only thinking about profits, they don't understand the risks. Experience will bring the mentality of people like that back to a balanced position to analyze the market wisely. We can't force them, but they will learn from their failures and mistakes.
It is very risky if people only know the Fomo without understanding the potential risks. This type of people will easily lose of their funds in crypto because they actually have lack of knowledge. People must have knowledge and strong mentality to be great investors or traders. And the experience will be also very helpful because it makes us know the real of crypto market.
-
Sharing thoughts and views is indeed needed so we can share and lure people to invest and trust crypto but we must understand also our safeties .
try to choose whom you are sharing and try to also limit what you are sharing specially on how much you are keeping ,remember that we are now the target of hackers and even robbers.
-
Traders need to share their views. As they say: truth is born in dispute. The more traders discuss a particular issue on cryptocurrencies or other market issues, the greater the chance to come to the truth together and make money. Especially when the discussion is conducted by fairly experienced traders.
-
The crypto market is abuzz with excitement, and it seems like everyone is talking about it. However, not everyone is profiting from this speculative market. In fact, someone has to lose money. This is a part of the market, but many people seem to forget about the risk of loss or even small losses. This lack of risk awareness is causing me some trouble, as I'm receiving a lot of blame from a few friends.
- The 1st friend: We were both DCA into Bitcoin and achieved some profit. However, she blamed me for being too cautious and missing out on a huge opportunity to make a 900% gain with SOL.
- The 2nd friend: I shared my belief that BTC price would continue to grow in the long run, possibly peaking in 2025. He took my opinion and started buying BTC a few weeks ago at around 45,000 USD. Now, with BTC down by about 7%, he's blaming me for causing him to FOMO and make poor decisions that led to his losses.
- The 3rd friend: I once warned her about the high volatility of the crypto market and the significant risks involved. As a result, she opted to stay away and instead invested in gold. However, with BTC having surged by over 200% from its low, she's now regretting her decision and blaming me for discouraging her from participating in this lucrative opportunity.
These experiences have made me realize that even without explicitly giving investment advice, my friends still view me as responsible for their investment successes and failures. Ironically, when they made big profits, they barely acknowledged my role, let alone express gratitude. It seems they only value the profits generated by their investments, not the relationships that led to those gains.
I understand the importance of sharing knowledge and exchanging opinions to strengthen connections. However, it appears that these efforts are not always reciprocated in the same manner. Ultimately, it seems that some people prioritize personal gains over maintaining meaningful relationships. Perhaps it's time to exercise caution in investment conversations and focus on my work :)
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
You are correct not every one benefits from this , some make massive income daily while some have loss the crypto market can be favourable most times have a bad impact depending on the high risk you take on,
-
Traders need to share their views. As they say: truth is born in dispute. The more traders discuss a particular issue on cryptocurrencies or other market issues, the greater the chance to come to the truth together and make money. Especially when the discussion is conducted by fairly experienced traders.
Professional traders will probably only provide small information that many people are welcome to know because I am 100% sure that professional traders will not provide full and accurate information because it is a secret they have learned from learning and wasting a lot of money to find out how to do it. trade well and correctly to become a professional trader. So if they have provided only that information, then there is no need to force you to know the next step because experience is the best teacher.
-
Traders need to share their views. As they say: truth is born in dispute. The more traders discuss a particular issue on cryptocurrencies or other market issues, the greater the chance to come to the truth together and make money. Especially when the discussion is conducted by fairly experienced traders.
Professional traders will probably only provide small information that many people are welcome to know because I am 100% sure that professional traders will not provide full and accurate information because it is a secret they have learned from learning and wasting a lot of money to find out how to do it. trade well and correctly to become a professional trader. So if they have provided only that information, then there is no need to force you to know the next step because experience is the best teacher.
It makes sense what you're saying, they must have gone through a lot of trouble before they became professional traders and they would think twice about giving their knowledge away for free. So they'll just tell you the outline.
Apart from all that, sharing views or knowledge about crypto with others is very good, indirectly it will make our knowledge even wider. Because it could be that something we don't know we actually know when we share views, knowledge or experiences with others.
-
It makes sense what you're saying, they must have gone through a lot of trouble before they became professional traders and they would think twice about giving their knowledge away for free. So they'll just tell you the outline.
Apart from all that, sharing views or knowledge about crypto with others is very good, indirectly it will make our knowledge even wider. Because it could be that something we don't know we actually know when we share views, knowledge or experiences with others.
Well, I agree with your view about sharing knowledge about cryptocurrency with other people, indeed sometimes not everyone understands the information provided only in a few media and requires people who understand cryptocurrency further, starting from the risks that may occur to some How to analyze trading properly and correctly. Not many people want to do good deeds like that until it can be said that people like that are very rare and not easily found.
-
It makes sense what you're saying, they must have gone through a lot of trouble before they became professional traders and they would think twice about giving their knowledge away for free. So they'll just tell you the outline.
Apart from all that, sharing views or knowledge about crypto with others is very good, indirectly it will make our knowledge even wider. Because it could be that something we don't know we actually know when we share views, knowledge or experiences with others.
Well, I agree with your view about sharing knowledge about cryptocurrency with other people, indeed sometimes not everyone understands the information provided only in a few media and requires people who understand cryptocurrency further, starting from the risks that may occur to some How to analyze trading properly and correctly. Not many people want to do good deeds like that until it can be said that people like that are very rare and not easily found.
Yes, especially nowadays nothing is free, except for those who really intend to help without wanting a reward or something else, but it is really very difficult to find people like that.
I personally am a person who wants to provide knowledge to people who want to know, but it is required that people come to me. I mean when people come directly to us, they usually really want to know more about crypto for example. Because if we start explaining it sometimes they think it's a joke.
-
Traders need to share their views. As they say: truth is born in dispute. The more traders discuss a particular issue on cryptocurrencies or other market issues, the greater the chance to come to the truth together and make money. Especially when the discussion is conducted by fairly experienced traders.
Professional traders will probably only provide small information that many people are welcome to know because I am 100% sure that professional traders will not provide full and accurate information because it is a secret they have learned from learning and wasting a lot of money to find out how to do it. trade well and correctly to become a professional trader. So if they have provided only that information, then there is no need to force you to know the next step because experience is the best teacher.
You are right, experience is the best teacher. A professional trader will only share hints but will not explain the details of the next steps. He has lost a lot in the past to gain experience, knowledge and expertise.
-
This lack of risk awareness is causing me some trouble, as I'm receiving a lot of blame from a few friends.
I strongly believe that this should be a major focal point if one must get someone involved in Crypto. I actually want to emphasize on this because many people have really not put this into consideration or probably, they do not take it seriously as this has to do with their assets safety.
When on-boarding a newbie into crypto, it is pertinent that one truly update them with security information as it bothers their investments, wallets, transaction and also doing away with random links sent to their pm via social media handles and lots of them. These points are very much important for them to note because as newbies they are, they definitely have no idea all these information and if you would want to avoid blames or want to save yourself the stress of apportioning blames you will have to do this so that you will be free and have rest of mind so that if anything happens,they would have themselves to blame.
-
I strongly believe that this should be a major focal point if one must get someone involved in Crypto. I actually want to emphasize on this because many people have really not put this into consideration or probably, they do not take it seriously as this has to do with their assets safety.
When on-boarding a newbie into crypto, it is pertinent that one truly update them with security information as it bothers their investments, wallets, transaction and also doing away with random links sent to their pm via social media handles and lots of them. These points are very much important for them to note because as newbies they are, they definitely have no idea all these information and if you would want to avoid blames or want to save yourself the stress of apportioning blames you will have to do this so that you will be free and have rest of mind so that if anything happens,they would have themselves to blame.
I really have no intention of attracting others into the crypto market, because even if they make profits, I don't get to share in those profits.
Usually they talk about crypto and I share my opinion, the tokens I'm investing in or want to invest in. Immediately after that, they will open their smartphone, want to create an account on Binance or Gate, or download the Coin98 Wallet application and want to buy that token without caring about market trends or risks that may come during the investment process.
Sometimes they just listen to me talk about the market, then they invest themselves through YouTube videos. When they were unlucky and suffered losses, they also blamed me for making them enter this market. I don't know how to explain it to them, no words can make up for their loss ::)
-
I really have no intention of attracting others into the crypto market, because even if they make profits, I don't get to share in those profits.
I agree with you, I also only answer questions of people who are interested in investing in crypto but I never have any intention of asking them. because when they win they will be silent, but when they lose they will blame us. this is annoying. It's best to only talk to people who really understand crypto.
-
I agree with you, I also only answer questions of people who are interested in investing in crypto but I never have any intention of asking them. because when they win they will be silent, but when they lose they will blame us. this is annoying. It's best to only talk to people who really understand crypto.
However, by providing information about cryptocurrency, it can at least help them buy coins which have the potential to bring them happiness. At least your advice must include the risks that can occur in Cryptocurrency so that before they buy they are aware of the risks that could occur.
-
Sharing thoughts and views is indeed needed so we can share and lure people to invest and trust crypto but we must understand also our safeties .
try to choose whom you are sharing and try to also limit what you are sharing specially on how much you are keeping ,remember that we are now the target of hackers and even robbers.
Yes, we have to choose who we share crypto with, choose friends who know about the risks of crypto so that when we lose we are not blamed. Because those who are new to the crypto world don't know the risks that will arise, they can only blame people.
-
Yes, we have to choose who we share crypto with, choose friends who know about the risks of crypto so that when we lose we are not blamed. Because those who are new to the crypto world don't know the risks that will arise, they can only blame people.
Sometimes there are some people who understand cryptocurrency but it turns out they have the goal of luring you into buying shitcoins, when there are people like that I will just be more alert and will never be influenced by what he says, when he tells me to buy then I prefer to answer, I don't have the capital to deposit and make a purchase on the coin he suggested.
-
I strongly believe that this should be a major focal point if one must get someone involved in Crypto. I actually want to emphasize on this because many people have really not put this into consideration or probably, they do not take it seriously as this has to do with their assets safety.
When on-boarding a newbie into crypto, it is pertinent that one truly update them with security information as it bothers their investments, wallets, transaction and also doing away with random links sent to their pm via social media handles and lots of them. These points are very much important for them to note because as newbies they are, they definitely have no idea all these information and if you would want to avoid blames or want to save yourself the stress of apportioning blames you will have to do this so that you will be free and have rest of mind so that if anything happens,they would have themselves to blame.
I really have no intention of attracting others into the crypto market, because even if they make profits, I don't get to share in those profits.
Usually they talk about crypto and I share my opinion, the tokens I'm investing in or want to invest in. Immediately after that, they will open their smartphone, want to create an account on Binance or Gate, or download the Coin98 Wallet application and want to buy that token without caring about market trends or risks that may come during the investment process.
Sometimes they just listen to me talk about the market, then they invest themselves through YouTube videos. When they were unlucky and suffered losses, they also blamed me for making them enter this market. I don't know how to explain it to them, no words can make up for their loss ::)
This type of scenarios do happen. I must say that you are an influencer that is why they are quick to hold your words because they truly believe in your calls. In situations like this, one needs be careful with calls and if one must say anything about calls, one just need to give an instance or any experience one have had in the past that resulted to a successful trading which when they hear it they would have nothing to hold for because one never made mention of anything named.
-
Sometimes there are some people who understand cryptocurrency but it turns out they have the goal of luring you into buying shitcoins, when there are people like that I will just be more alert and will never be influenced by what he says, when he tells me to buy then I prefer to answer, I don't have the capital to deposit and make a purchase on the coin he suggested.
When someone tells us what we should buy, the first thing we should do is not buy. Read about the project, know who is part of the team, what experience they have in the industry and most importantly, know what they want our funds for and how they are going to use them. After doing all that, it's our decision, and ours alone, to decide what we do next. We will always try to invest our funds in projects that propose new things for the industry and give us benefits, but we will also make mistakes, or anything can go wrong. No matter what happens, whether we win or lose, it would have been our decision, and not someone else's, that would have induced us to buy something.
-
This type of scenarios do happen. I must say that you are an influencer that is why they are quick to hold your words because they truly believe in your calls. In situations like this, one needs be careful with calls and if one must say anything about calls, one just need to give an instance or any experience one have had in the past that resulted to a successful trading which when they hear it they would have nothing to hold for because one never made mention of anything named.
I'm just a normal investor and I choose the safest strategy: DCA BTC in the long term, I don't have x100 tokens in my portfolio. However, maybe because I've been in the market since the 2017 season, my friends think I have a lot of experience. They joined later so they don't want to miss any more opportunities.
I repeat that I do not give anyone investment advice, I even avoid suggesting or asking them to buy or sell. But in the end, when they lose money, they often blame me and make me tired.
I think I should avoid mentioning crypto to my friends and relatives, because everything can be misunderstood as investment advice.
When someone tells us what we should buy, the first thing we should do is not buy. Read about the project, know who is part of the team, what experience they have in the industry and most importantly, know what they want our funds for and how they are going to use them. After doing all that, it's our decision, and ours alone, to decide what we do next. We will always try to invest our funds in projects that propose new things for the industry and give us benefits, but we will also make mistakes, or anything can go wrong. No matter what happens, whether we win or lose, it would have been our decision, and not someone else's, that would have induced us to buy something.
I alos had trusted many KOLs, but most of them cannot always accurately predict. They are only famous on social networks, they are not experts in market analysis and financial advice. Some KOLs even abuse their popularity and reputation to promote some fraudulent projects.
Investors are also forced to be responsible for their own investments. Investment decisions should only come from careful analysis and having effective capital management plans in place. Don't send money to anyone!
-
Yes, we have to choose who we share crypto with, choose friends who know about the risks of crypto so that when we lose we are not blamed. Because those who are new to the crypto world don't know the risks that will arise, they can only blame people.
It's not easy to introduce crypto to anyone because what you think about is whether there will be a profit contribution to be made, but when it comes to risky things, you will always encounter problems. It is indeed better with rational people, so that what we are going to be informed about can be well received in its entirety. I agree with you that what is feared is the blame that is passed on to us when they experience a loss, but when they are lucky there is no information. For this reason, we have to be selective and be able to receive all the information well.
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
Yes, rather opinions, with people I trust and who previously showed interest in it. I never give investment advice, in any case I explain to them what I do and basic rules of personal finance, such as make a budget, have an emergency fund, etc.
- How did those investments turn out for them?
As I said I don't give investment recommendations but a friend of mine after talking to me years ago started investing in the S&P 500 and now has a good amount. Before he did not save or invest anything.
- Did you receive praise or criticism for your insights?
None. The problem with giving that kind of advice is that if the investment goes well, he will think he has made a good investment, and if it goes badly he will blame you.
-
Yes, we have to choose who we share crypto with, choose friends who know about the risks of crypto so that when we lose we are not blamed. Because those who are new to the crypto world don't know the risks that will arise, they can only blame people.
It's not easy to introduce crypto to anyone because what you think about is whether there will be a profit contribution to be made, but when it comes to risky things, you will always encounter problems. It is indeed better with rational people, so that what we are going to be informed about can be well received in its entirety. I agree with you that what is feared is the blame that is passed on to us when they experience a loss, but when they are lucky there is no information. For this reason, we have to be selective and be able to receive all the information well.
I myself even avoid teaching someone about trading and how to make money in crypto,
because it will only backfire on me and I will be bothered later.
What I do when there are people who ask and want to know about crypto and trading,
I only provide references for beginners how they can learn, so it doesn't take up my time to work.
Understanding it or not depends on how they learn and understand the references I give,
but I won't be too intense to teach them.
-
Sharing thoughts and views is indeed needed so we can share and lure people to invest and trust crypto but we must understand also our safeties .
try to choose whom you are sharing and try to also limit what you are sharing specially on how much you are keeping ,remember that we are now the target of hackers and even robbers.
I myself doesn't like involving in conversation that keeps asking people how much they have invested or how much they have made from cryptocurrency. This is a free ticket to hackers to start working on you especially when your wallet address is being exposed to them it gives more opportunities for them to start working over you, before you knew it your fund could be missing because already you have exposed your self and as an investor maybe a newbie investor who doesn't know his or her left and right it becomes easily for them. There information already been distributed to them and these hacker could start launching an attacks towards you.
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
Yes I did but only those who understand the market and understand the volatility of the market and the number of shitcoins in the market
- How did those investments turn out for them?
Some profits and some losses its something you expect in a highly volatile market
- Did you receive praise or criticism for your insights?
When I was just starting out and a complete newbie in the market, that was the time that I thought everything is profitable in Cryptocurrency I changed my stand after I discovered the real market situation.
-
Yes I did but only those who understand the market and understand the volatility of the market and the number of shitcoins in the market
Yes we cannot share the investment advise and suggestions with others who don't know about crypto because no matter how much time we spend to share our thoughts they will not understand it. It is necessary to find a crypto fellow and share everything with him because a single man cannot gain new information without sharing thoughts with others.
Sharing will be useful for you with those individuals who don't think crypto as a new thing and sometimes we get useful information from them and sometimes they learn well from our experience so in such cases sharing is necessary.
-
Yes I did but only those who understand the market and understand the volatility of the market and the number of shitcoins in the market
Yes we cannot share the investment advise and suggestions with others who don't know about crypto because no matter how much time we spend to share our thoughts they will not understand it. It is necessary to find a crypto fellow and share everything with him because a single man cannot gain new information without sharing thoughts with others.
Sharing will be useful for you with those individuals who don't think crypto as a new thing and sometimes we get useful information from them and sometimes they learn well from our experience so in such cases sharing is necessary.
We should be able to discuss it with fellow crypto lovers, who really understand the character of crypto and its risks. Because if we share with people who are new to crypto they will blame us if there is a loss, this will be very painful. investing in crypto is very risky, and not as beautiful as they imagine. If you want to hold it safely for the long term, you also need free money that will not be used in the near future.
-
Sharing our thoughts, views and actions with cryptocurrency may come with some risks most especially since the mindset of some people may not be in line with what we have. Investing with cryptocurrency is a very risky thing but at the same time comes with possible great rewards...and if this tenet is not fully grasped by someone then there can be a big problem once the market will start to be bearish. In other words, we should be careful with whom we are sharing things as you can be blame when things go south.
1 Have you ever shared investment advice or opinions with others?
Yes, but only online and never with people in my circle offline like family, relative, friends or neighbors and maybe because no one is really interested with it so far. I am so willing to share but I know the possible risks and I don't usually tell others of the things I am into. Online, I am always sharing referral links in my social platforms accounts but we know this is a different story and many of my friends online are also into cryptocurrency so there is nothing to be afraid of anymore.
-
This type of scenarios do happen. I must say that you are an influencer that is why they are quick to hold your words because they truly believe in your calls. In situations like this, one needs be careful with calls and if one must say anything about calls, one just need to give an instance or any experience one have had in the past that resulted to a successful trading which when they hear it they would have nothing to hold for because one never made mention of anything named.
I'm just a normal investor and I choose the safest strategy: DCA BTC in the long term, I don't have x100 tokens in my portfolio. However, maybe because I've been in the market since the 2017 season, my friends think I have a lot of experience. They joined later so they don't want to miss any more opportunities.
I repeat that I do not give anyone investment advice, I even avoid suggesting or asking them to buy or sell. But in the end, when they lose money, they often blame me and make me tired.
I think I should avoid mentioning crypto to my friends and relatives, because everything can be misunderstood as investment advice.
You know when it seems you have been long into some kind of hustle, there are people who are taking cognisance of you so as to know if truly that stuff really worked out so they could follow suits as well. They spend time observing you and taking note of your progress and once that have been done to their satisfaction based on your progress which they have and that would avail the opportunity to ask you questions for clarifications and understanding..
Giving the fact that you are already learned about the process, I believe that is amongst the reasons why you are being accosted to help them. Because from what you have said, you are far much experiences for them to go close to. So therefore they coming to you is not mistaken
-
Yes I did but only those who understand the market and understand the volatility of the market and the number of shitcoins in the market
Yes we cannot share the investment advise and suggestions with others who don't know about crypto because no matter how much time we spend to share our thoughts they will not understand it. It is necessary to find a crypto fellow and share everything with him because a single man cannot gain new information without sharing thoughts with others.
Sharing will be useful for you with those individuals who don't think crypto as a new thing and sometimes we get useful information from them and sometimes they learn well from our experience so in such cases sharing is necessary.
We should be able to discuss it with fellow crypto lovers, who really understand the character of crypto and its risks. Because if we share with people who are new to crypto they will blame us if there is a loss, this will be very painful. investing in crypto is very risky, and not as beautiful as they imagine. If you want to hold it safely for the long term, you also need free money that will not be used in the near future.
Yeah that is why crypto forums were made just because we have on the same niche sharing our thoughts and experiences to help others and or to gain new ideas from others as well. My technique is if they really are interested in crypto I will introduce them into forums so they can explore learn and earn since I don't have enough time for something like pointing fingers and blaming others thing.
-
Yeah that is why crypto forums were made just because we have on the same niche sharing our thoughts and experiences to help others and or to gain new ideas from others as well. My technique is if they really are interested in crypto I will introduce them into forums so they can explore learn and earn since I don't have enough time for something like pointing fingers and blaming others thing.
Sharing experiences and sharing thoughts with one another is something that will enable us to develop further, because we can see things from other people's points of view.
You are right that crypto forums are a place for us to share experiences, knowledge and new information and I have felt it myself. This really helps me and even when we have certain problems or difficulties we can ask and there are many people who will be willing to answer them.
-
Yeah that is why crypto forums were made just because we have on the same niche sharing our thoughts and experiences to help others and or to gain new ideas from others as well. My technique is if they really are interested in crypto I will introduce them into forums so they can explore learn and earn since I don't have enough time for something like pointing fingers and blaming others thing.
Sharing experiences and sharing thoughts with one another is something that will enable us to develop further, because we can see things from other people's points of view.
You are right that crypto forums are a place for us to share experiences, knowledge and new information and I have felt it myself. This really helps me and even when we have certain problems or difficulties we can ask and there are many people who will be willing to answer them.
Sharing experience and ideas is very good for growth and development when both people conversing are at the same realm of understanding. Like as it is here, we are very much inclined in the system so we understand better because we have the knowledge of what we are talking about even though we mention something related to investment in our conversation, wisdom demands us to do our due diligence before we take a step further to investing in such project. But in the case of a novice it's no like that. Te conversation would not be on the same realm because they have no idea about the system and when you make the mistake of talking about investment, they just jump into investing because you talked about it and mentioned a token for an instance without them understanding you were illustrating for them. After everything when the must have gone bought without due diligence, they start blaming you. These are the reasons I take my time when ever I am talking with a novice when it comes to crypto matters.
-
We should be able to discuss it with fellow crypto lovers, who really understand the character of crypto and its risks. Because if we share with people who are new to crypto they will blame us if there is a loss, this will be very painful. investing in crypto is very risky, and not as beautiful as they imagine. If you want to hold it safely for the long term, you also need free money that will not be used in the near future.
It is the nature of human that they accept the success but they don't accept their loss and put all blame on the fellow who told them about crypto. If we are sharing about crypto with others then it is our responsibility to share both pros and cons with him and also tell him about lossing of money in this field.
Some people don't listen carefully and when they hear about profit they put all amount in it without leaving some amount for emergency, so this is the reason of their loss because they don't hear complete information and don't search by themselves so they blame others for it even if they do this fault due to their misunderstanding.
-
It's not easy to introduce crypto to anyone because what you think about is whether there will be a profit contribution to be made, but when it comes to risky things, you will always encounter problems. It is indeed better with rational people, so that what we are going to be informed about can be well received in its entirety.
Of course, it will be always difficult to tell people about crypto. Moreover, when we are telling the people who are not interested with decentralized idea. Some people only want to invest in something that the government is managing it. However, we are not the type of those people who like centralized. That's why it will be difficult because we have a too different view. So, just tell the people who want to have a freedom in managing their money.
-
Sharing experiences and sharing thoughts with one another is something that will enable us to develop further, because we can see things from other people's points of view.
You are right that crypto forums are a place for us to share experiences, knowledge and new information and I have felt it myself. This really helps me and even when we have certain problems or difficulties we can ask and there are many people who will be willing to answer them.
Sharing experience and ideas is very good for growth and development when both people conversing are at the same realm of understanding. Like as it is here, we are very much inclined in the system so we understand better because we have the knowledge of what we are talking about even though we mention something related to investment in our conversation, wisdom demands us to do our due diligence before we take a step further to investing in such project. But in the case of a novice it's no like that. Te conversation would not be on the same realm because they have no idea about the system and when you make the mistake of talking about investment, they just jump into investing because you talked about it and mentioned a token for an instance without them understanding you were illustrating for them. After everything when the must have gone bought without due diligence, they start blaming you. These are the reasons I take my time when ever I am talking with a novice when it comes to crypto matters.
Yes, whether we like it or not, we are required to continue updating our knowledge, and one way to do that is by sharing experiences with other people, because I am sure that from every conversation we have there is something we can take away.
Crypto is very widespread and its growth is even very rapid, we can't just sit back and follow its development. We are required to always look for something new that can bring us even better in the future. Actually, not only in this case, but in life too.
-
Sharing experiences and sharing thoughts with one another is something that will enable us to develop further, because we can see things from other people's points of view.
You are right that crypto forums are a place for us to share experiences, knowledge and new information and I have felt it myself. This really helps me and even when we have certain problems or difficulties we can ask and there are many people who will be willing to answer them.
Sharing experience and ideas is very good for growth and development when both people conversing are at the same realm of understanding. Like as it is here, we are very much inclined in the system so we understand better because we have the knowledge of what we are talking about even though we mention something related to investment in our conversation, wisdom demands us to do our due diligence before we take a step further to investing in such project. But in the case of a novice it's no like that. Te conversation would not be on the same realm because they have no idea about the system and when you make the mistake of talking about investment, they just jump into investing because you talked about it and mentioned a token for an instance without them understanding you were illustrating for them. After everything when the must have gone bought without due diligence, they start blaming you. These are the reasons I take my time when ever I am talking with a novice when it comes to crypto matters.
Yes, whether we like it or not, we are required to continue updating our knowledge, and one way to do that is by sharing experiences with other people, because I am sure that from every conversation we have there is something we can take away.
Crypto is very widespread and its growth is even very rapid, we can't just sit back and follow its development. We are required to always look for something new that can bring us even better in the future. Actually, not only in this case, but in life too.
There is a saying that says " education is.power" you see, education is all about information. When you are informed, you are as well educated. So therefore information is also powerful and as such on would need to be constantly updating and upgrading their knowledge bank by through enteracting with people of the same or higher level than they are. Doing so would help ones capacity because there would be constant Exchanging of ideas and opinions with one another which would greatly contribute to the meeting.
So there is no way sharing views or information is wrong.
-
There is a saying that says " education is.power" you see, education is all about information. When you are informed, you are as well educated. So therefore information is also powerful and as such on would need to be constantly updating and upgrading their knowledge bank by through enteracting with people of the same or higher level than they are. Doing so would help ones capacity because there would be constant Exchanging of ideas and opinions with one another which would greatly contribute to the meeting.
So there is no way sharing views or information is wrong.
That's right, we will meet new people in our lives. You can share information and communicate with each other, but not everyone who attends has good intentions, sometimes we also meet scammers there. We can share information with fellow crypto lovers, but we have to be careful because if our views lead to losses we will be blamed.
-
Yes, whether we like it or not, we are required to continue updating our knowledge, and one way to do that is by sharing experiences with other people, because I am sure that from every conversation we have there is something we can take away.
Crypto is very widespread and its growth is even very rapid, we can't just sit back and follow its development. We are required to always look for something new that can bring us even better in the future. Actually, not only in this case, but in life too.
There is a saying that says " education is.power" you see, education is all about information. When you are informed, you are as well educated. So therefore information is also powerful and as such on would need to be constantly updating and upgrading their knowledge bank by through enteracting with people of the same or higher level than they are. Doing so would help ones capacity because there would be constant Exchanging of ideas and opinions with one another which would greatly contribute to the meeting.
So there is no way sharing views or information is wrong.
So, from there we see that there are people who focus on new information that they continue to dig up, and from there many scientists are born.
This is an example of why knowledge is a very important thing in life, and it comes from anywhere as long as you are serious about looking for it. It can come from our own experience and it can come from other people's experiences that we know from sharing information.
-
So, from there we see that there are people who focus on new information that they continue to dig up, and from there many scientists are born.
This is an example of why knowledge is a very important thing in life, and it comes from anywhere as long as you are serious about looking for it. It can come from our own experience and it can come from other people's experiences that we know from sharing information.
In fact, sharing information about crypto issues is good, as long as it is a fellow crypto lover because we can gain new knowledge that we may not have gained from experience while investing. Even though each person will always have risks, they still learn and learn
-
So, from there we see that there are people who focus on new information that they continue to dig up, and from there many scientists are born.
This is an example of why knowledge is a very important thing in life, and it comes from anywhere as long as you are serious about looking for it. It can come from our own experience and it can come from other people's experiences that we know from sharing information.
In fact, sharing information about crypto issues is good, as long as it is a fellow crypto lover because we can gain new knowledge that we may not have gained from experience while investing. Even though each person will always have risks, they still learn and learn
Only people who think well will always be like that. People who want to learn must respect the process carried out by professional traders. What they do is not easy. Those who want to get information must have good communication and the information they get is also must not be under coercion. So far not many of them want to share information for free even though their research requires quite high capital and costs to find the right position and become a professional trader.
-
If we are talking about style, as preachers of various sects do, then of course not.You shouldn’t talk to everyone you know about crypto.A person must be ripe for each topic. But when you are directly asked what it is and how you can make money on it, then I think this information is worth sharing, which is what we actually do on this forum. You can do the same in real life.
-
It's not bad to share ideas. As long as they are real ideas, not to look for a Business , it becomes much more interesting, because in Cerypto everyone has a way of seeing it, not everyone sees it as, for example, I can see it, I, other people have a very Broad vision of the market and that they are and they do it naturally, the truth is I can't do it that way , but I Consider that those who do have the talent , it is possible that they can apply it, but when one manages to have debates about what they really think about crypto It is exciting, because many people's ways of seeing the market are good and sometimes you learn a lot. I am very aware that you can do good things, but to do so you also have to read a lot to stay at the level.
-
In fact, sharing information about crypto issues is good, as long as it is a fellow crypto lover because we can gain new knowledge that we may not have gained from experience while investing. Even though each person will always have risks, they still learn and learn
Yes. Sharing current news or issues among crypto enthusiasts is good. It will be very helpful because some people may not always update the information because they are busy with activities in real life or other reasons. I think there will be no risk to share information although people may need it or not need it. But if we share the information to random people, it can be a problem because it may bother other people.
-
Yes. Sharing current news or issues among crypto enthusiasts is good. It will be very helpful because some people may not always update the information because they are busy with activities in real life or other reasons. I think there will be no risk to share information although people may need it or not need it. But if we share the information to random people, it can be a problem because it may bother other people.
Exactly, I agree when you say you have to be careful when sharing information about cryptocurrency with other people can disturb other people, therefore when you want to provide information about cryptocurrency at least other people start first so we just need to follow the flow they are talking about, with In that way, I think the cryptocurrency discussion will remain focused and not disturb anyone.
-
- Have you ever shared investment advice or opinions with others?
Giving advice—yes, that has happened to me a few times, but I have never experienced being blamed for the advice I gave. Because what I often say is that I discourage them from trying this industry if they are not sure of what they are doing.
And I say that it is not easy to learn Bitcoin or crypto currency, so if they are just chasing it to get an income from it and they don't want to learn it wholeheartedly, then they should not pursue it. This is the advice I give to people I know who want to try to study or enter it.
-
So, from there we see that there are people who focus on new information that they continue to dig up, and from there many scientists are born.
This is an example of why knowledge is a very important thing in life, and it comes from anywhere as long as you are serious about looking for it. It can come from our own experience and it can come from other people's experiences that we know from sharing information.
In fact, sharing information about crypto issues is good, as long as it is a fellow crypto lover because we can gain new knowledge that we may not have gained from experience while investing. Even though each person will always have risks, they still learn and learn
Yes, friends, when we are in a crypto-loving environment, we will definitely always talk about things related to crypto, from there maybe we will get new information that we didn't know before.
However, I have also shared my experiences several times with people who are new to or don't even know about crypto at all. I mean if I share my experience maybe they will be interested too, but that also depends on them, because usually if they are interested they will come to us to ask again what crypto is.
-
Its not a bad idea if we can share with other users interesting informations about cryptocurrencies, we only need to be mindful of the length on how we go while making such discussions with other people, in such a way that we do not involve in making lies on things we do not know or revealing our private informations to others to take and use against us later in life, but on a general view, we need each others opinion to leverage on and grow together in cryptocurrency because information is power.
-
Its not a bad idea if we can share with other users interesting informations about cryptocurrencies, we only need to be mindful of the length on how we go while making such discussions with other people, in such a way that we do not involve in making lies on things we do not know or revealing our private informations to others to take and use against us later in life, but on a general view, we need each others opinion to leverage on and grow together in cryptocurrency because information is power.
There is of course nothing wrong with discussing or sharing general information about the market and the cryptocurrencies that you like and use either for trading or investments, however, as you said, it's not advisable to share private information and details such as how much money you have invested and how much is your portfolio worth right now, and never share your account details as well, even the public keys, etc.
A lot of people make the mistake of sharing sensitive and private information out of flow when they are discussing cryptocurrencies with someone without realizing that this can be an issue for them later on.
-
Its not a bad idea if we can share with other users interesting informations about cryptocurrencies, we only need to be mindful of the length on how we go while making such discussions with other people, in such a way that we do not involve in making lies on things we do not know or revealing our private informations to others to take and use against us later in life, but on a general view, we need each others opinion to leverage on and grow together in cryptocurrency because information is power.
I have bad experiences when it comes on sharing up my crypto idea on other people on which it did really comes into a point that you are really that getting blamed on the time that they have lost money or investment into this industry on which you could really tell that it does give out that kind of suck feeling about that getting blamed on what are the conditions that they are really that
currently experiencing. Yes, this is something that isnt our fault because we do have our own decisions when it comes to investing. This is why on the time that there's someone
do approach me and asking something about it then i do point them directly on making out some research first in the internet.
-
Its not a bad idea if we can share with other users interesting informations about cryptocurrencies, we only need to be mindful of the length on how we go while making such discussions with other people, in such a way that we do not involve in making lies on things we do not know or revealing our private informations to others to take and use against us later in life, but on a general view, we need each others opinion to leverage on and grow together in cryptocurrency because information is power.
I have bad experiences when it comes on sharing up my crypto idea on other people on which it did really comes into a point that you are really that getting blamed on the time that they have lost money or investment into this industry on which you could really tell that it does give out that kind of suck feeling about that getting blamed on what are the conditions that they are really that
currently experiencing. Yes, this is something that isnt our fault because we do have our own decisions when it comes to investing. This is why on the time that there's someone
do approach me and asking something about it then i do point them directly on making out some research first in the internet.
It’s strange to read this. If you expressed your idea and someone unsuccessfully implemented it, what is your fault? If you directly gave advice on what to invest in or perhaps convinced someone to participate in a project with you and everything went bankrupt, then come to you a lot of questions.
-
Sharing or stating it as a situation where its literally a "must" type of deal would make things change. If you share it, then its fine but if you state it then its wrong. Because if you share your own views like they are some sort of information or fact, then you are doing something wrong that could hurt a lot of people. Which is the trouble with all the influencers have these days, they shouldn't really do anything like that. I believe that we need to keep focusing on what to do better and that should be the case. I believe that we are going to end up with a lot of people who share their own views as facts, and we need to avoid that.
-
So, from there we see that there are people who focus on new information that they continue to dig up, and from there many scientists are born.
This is an example of why knowledge is a very important thing in life, and it comes from anywhere as long as you are serious about looking for it. It can come from our own experience and it can come from other people's experiences that we know from sharing information.
In fact, sharing information about crypto issues is good, as long as it is a fellow crypto lover because we can gain new knowledge that we may not have gained from experience while investing. Even though each person will always have risks, they still learn and learn
Of course, it's better for someone who understands crypto to exchange information because there's no need to explain from the start because you already understand, So that knowledge that is passed on to each other can increase knowledge between them, because information always continues to develop and is unlimited.
Agree, that we must continue to study and learn because knowledge will continue to be updated at any time and if we don't update, then we will be left behind.
-
Of course, it's better for someone who understands crypto to exchange information because there's no need to explain from the start because you already understand, So that knowledge that is passed on to each other can increase knowledge between them, because information always continues to develop and is unlimited.
Agree, that we must continue to study and learn because knowledge will continue to be updated at any time and if we don't update, then we will be left behind.
If people who understand crypto exchange information, that's good, because they both understand. but for those who are newbies, this is a little risky because when a loss occurs they can blame the person who provided the information. They don't understand that the risk is in their own hands.
-
Of course, it's better for someone who understands crypto to exchange information because there's no need to explain from the start because you already understand, So that knowledge that is passed on to each other can increase knowledge between them, because information always continues to develop and is unlimited.
Agree, that we must continue to study and learn because knowledge will continue to be updated at any time and if we don't update, then we will be left behind.
If people who understand crypto exchange information, that's good, because they both understand. but for those who are newbies, this is a little risky because when a loss occurs they can blame the person who provided the information. They don't understand that the risk is in their own hands.
These are the areas where newbies get it wrong. They feel once an information is given out it is as authentic as they expect but they have forgotten that the Crypto market is volatile and unstable and they rush quick to invest in a token and in some cases, they do not conduct their due diligence when they have no knowledge and idea of what they want to invest in. When this happens, the token price drops or they are scammed they would start blaming the person who introduced them to crypto and in some cases, they tag crypto a scam because of their carelessness.
-
If people who understand crypto exchange information, that's good, because they both understand. but for those who are newbies, this is a little risky because when a loss occurs they can blame the person who provided the information. They don't understand that the risk is in their own hands.
Have you ever meet someone that is crypto knowledge and enjoy discussion to the point of exchanging contact? I have met someone like that and we still speak till date about crypto and things outside crypto. I think it's okay to discuss about crypto with anyone that is interested in the discussion but what you should avoid in the discussion is ignoring anything that is relating to you in particular. Never disclose how many coins you have to anybody but you can discuss about the coin you are having.
-
These are the areas where newbies get it wrong. They feel once an information is given out it is as authentic as they expect but they have forgotten that the Crypto market is volatile and unstable and they rush quick to invest in a token and in some cases, they do not conduct their due diligence when they have no knowledge and idea of what they want to invest in. When this happens, the token price drops or they are scammed they would start blaming the person who introduced them to crypto and in some cases, they tag crypto a scam because of their carelessness.
It is very difficult to explain crypto and its risks to beginners or noobs. They think investing in the crypto world is a simple thing, by just buying in and then making a profit. Even though those of us who have been in the crypto world for a long time know, crypto currency is very volatile and at any time the price will suddenly rise or fall.
-
We should be grateful and thankful for our own sake, if we earn little, at least we are still a long way far better than those who didn't realized anything, we should not condole for intimidation, some may not share with us the other side of the story on what they had that led to losses on other investment they made, we should only go for the best we know about and can afford taking risk on, each coin do have their own peak season they perform very well.
-
Imo we should share our views on the crypto to create a sort of data base and find that one average solution that might suit for majority. However I think we must always add that people should always DYOR, as some understand hint or shared info as a financial advice and call for action. Sharing is also good, because if you are wrong others will most likely point on that, or as minimum will show other side of the coin.
-
Imo we should share our views on the crypto to create a sort of data base and find that one average solution that might suit for majority. However I think we must always add that people should always DYOR, as some understand hint or shared info as a financial advice and call for action. Sharing is also good, because if you are wrong others will most likely point on that, or as minimum will show other side of the coin.
Yes exactly. Just like what previous generation has done they've pass their knowledge and now we improvised all of it that is why we have come into the high tech era because without sharing those ideas it will took us a lot of time exploring something on our own and I think that is the importance of sharing our knowledge in crypto to help others and ourselves to find a much better way to learn and earn the crypto way. This is the reason why I joined forums and groups with the same goal to learn and earn. Sharing of experiences will create an evolution of ideas especially in crypto which is a little bit technical for an average guy like me so sharing views would be the best thing here.
-
These are the areas where newbies get it wrong. They feel once an information is given out it is as authentic as they expect but they have forgotten that the Crypto market is volatile and unstable and they rush quick to invest in a token and in some cases, they do not conduct their due diligence when they have no knowledge and idea of what they want to invest in. When this happens, the token price drops or they are scammed they would start blaming the person who introduced them to crypto and in some cases, they tag crypto a scam because of their carelessness.
It is very difficult to explain crypto and its risks to beginners or noobs. They think investing in the crypto world is a simple thing, by just buying in and then making a profit. Even though those of us who have been in the crypto world for a long time know, crypto currency is very volatile and at any time the price will suddenly rise or fall.
This is the more reasons we should be very careful with newbies because they act upon what they hear you talking with them about Crypto space and investments. Crypto is far much bigger than just buying alone. There are other factors involved in it so therefore as a Crypto enthusiast who is well grounded in the system should try your best to explain to the newbies in the best minimal way they could understand your point.
-
It is very difficult to explain crypto and its risks to beginners or noobs. They think investing in the crypto world is a simple thing, by just buying in and then making a profit. Even though those of us who have been in the crypto world for a long time know, crypto currency is very volatile and at any time the price will suddenly rise or fall.
sharing with newbies is not difficult but if we share something with them they will not understand that thing until they become a part of crypto and realize the things with their own participation. Newbies feels that crypto Millionaire have become wealthy very quickly but they don't know that how many times they have lost money and how sacrifices they has given to reach this stage.
Newbies should know that the volatility of a market is beneficial in both cases either the price is down or up so there is no need to sell with panic and buy with excitement because we have to look towards the market condition and decide according to the prediction and price of market.
-
Have you ever meet someone that is crypto knowledge and enjoy discussion to the point of exchanging contact? I have met someone like that and we still speak till date about crypto and things outside crypto. I think it's okay to discuss about crypto with anyone that is interested in the discussion but what you should avoid in the discussion is ignoring anything that is relating to you in particular. Never disclose how many coins you have to anybody but you can discuss about the coin you are having.
Offline events in the crypto community are becoming more and more common, and they provide a great opportunity to meet other crypto enthusiasts and professional investors. Exchanging information and insights about the market can help us develop better investment ideas for the future and identify more profitable trends. However, I rarely hear KOLs share which cryptos they are holding, as they want to avoid giving investment advice or making it difficult for a crypto to grow due to too much involvement.
I never share details about my own crypto holdings, I only say that I have BTC, which could be 1 satoshi or 1M BTC. :)
-
It’s strange to read this. If you expressed your idea and someone unsuccessfully implemented it, what is your fault? If you directly gave advice on what to invest in or perhaps convinced someone to participate in a project with you and everything went bankrupt, then come to you a lot of questions.
Cryptocurrency is a volatile asset and anybody that is introducing someone else into cryptocurrency must outline the fact that they could be profitable or experience loses, because when you only tell people about the profite they will make in crypto without telling them about the risk that is attached to it too, they definitely will put their blame on the person that introduced them to crypto if they experience lose on that investment. People likes to give their blame to someone whereas they love to take credit for for their success alone without recognizing the person that actually lead them to the success rout.
-
I realized a long time ago that you shouldn’t give advice on cryptocurrencies to friends. They will never appreciate it. If they have losses, it will be my fault. If they made a profit, it will be only their merit.
[/quote]
For me I don't agree with this one, but it depends on your time of friends, normally we all experience losses a few thorough more times in trading, and we count those days as our days of loss in the crypto space, but shearing your trading views on crypto to your friend ls and colleagues is not a bad idea, because in learning we have to learn from people around us too. Even experienced and expert crypto traders do have some losses, and they continue to learn more about trading to improve their trading skills.
-
We can certainly discuss and critique cryptocurrency with others if Bitcoin is legalized. Learning about Bitcoin is not a bad thing if it doesn't involve legal complications. I definitely don't share about Bitcoin with anyone else because Bitcoin is not legalized in my country. But if someone wants to know something on Bitcoin and is very necessary then I share some information about crypto currency with others.
-
We can certainly discuss and critique cryptocurrency with others if Bitcoin is legalized. Learning about Bitcoin is not a bad thing if it doesn't involve legal complications. I definitely don't share about Bitcoin with anyone else because Bitcoin is not legalized in my country. But if someone wants to know something on Bitcoin and is very necessary then I share some information about crypto currency with others.
We should always see things from the point of view closest to sharing, each of us has a different way of thinking, and this is very good, because sometimes we believe that the Correct vision of the market and crypto is the correct and sometimes it is not like that, many other people do think correctly and that exchange of information can serve to help us grow together, so in this case it is good, there are people that I have encountered in this world who are quite selfish, and well there is everything, that is why the more they say their things, their thoughts give their point of view because things can be very good, I have my point of view of the market and I am wrong sometimes, in fact in trading You realize it, but it's good to read here in the forum what some people think because sometimes that Helps you make decisions.
-
I did shared my investing technique with my friends but not all of them are listening. I am already good if one or two or even none of them actually listens as long as someone asks me about it, I'd be happy to answer. That's how hospitable I am when I am being approached and asked with a question. But even with that, it's hard to get on with those people that keeps on bothering you as if you're the best investor and all they see from you is profiting and asks money, LOL we've got that type of a friend.
-
I did shared my investing technique with my friends but not all of them are listening. I am already good if one or two or even none of them actually listens as long as someone asks me about it, I'd be happy to answer. That's how hospitable I am when I am being approached and asked with a question. But even with that, it's hard to get on with those people that keeps on bothering you as if you're the best investor and all they see from you is profiting and asks money, LOL we've got that type of a friend.
I think you are a good person and want to share with friends your experience of investing in crypto currency. It seems quite good to have a friend like you, because most people who have a lot of understanding about crypto choose to remain silent and don't want to share, because they are stingy with knowledge.
-
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
1. With my close friend, i have remembered on telling him about buying Bitcoin and ETH wayback in 2017 as far as i remember.
2. Its positive, they've been thankful on my suggestion even up to now. Still loving to hear out some recommendations
3. Praise most of the time but i do always tell them about the risks involved.
The important thing on here is that you shouldnt really be making any assurance about making profits or money.
So that you wont really be blamed out in the end of the day.
-
I did shared my investing technique with my friends but not all of them are listening. I am already good if one or two or even none of them actually listens as long as someone asks me about it, I'd be happy to answer. That's how hospitable I am when I am being approached and asked with a question. But even with that, it's hard to get on with those people that keeps on bothering you as if you're the best investor and all they see from you is profiting and asks money, LOL we've got that type of a friend.
I think you are a good person and want to share with friends your experience of investing in crypto currency. It seems quite good to have a friend like you, because most people who have a lot of understanding about crypto choose to remain silent and don't want to share, because they are stingy with knowledge.
Sharing knowledge and experience in crypto is great, as long as it doesn't mislead others. And we also have to be able to filter all information and do our own research, not just believe other people's analysis. because it's our money and we will bear the loss
-
I did shared my investing technique with my friends but not all of them are listening. I am already good if one or two or even none of them actually listens as long as someone asks me about it, I'd be happy to answer. That's how hospitable I am when I am being approached and asked with a question. But even with that, it's hard to get on with those people that keeps on bothering you as if you're the best investor and all they see from you is profiting and asks money, LOL we've got that type of a friend.
I think you are a good person and want to share with friends your experience of investing in crypto currency. It seems quite good to have a friend like you, because most people who have a lot of understanding about crypto choose to remain silent and don't want to share, because they are stingy with knowledge.
Sharing knowledge and experience in crypto is great, as long as it doesn't mislead others. And we also have to be able to filter all information and do our own research, not just believe other people's analysis. because it's our money and we will bear the loss
It's true, not everything that is shared with the public about cryptocurrency is all good, sometimes there are also those who try to incite us to buy a coin which they have already bought at a cheap price, so it's true, as you said, you have to be careful. When discussing cryptocurrency, don't be easily influenced.
-
Sharing knowledge and experience in crypto is great, as long as it doesn't mislead others. And we also have to be able to filter all information and do our own research, not just believe other people's analysis. because it's our money and we will bear the loss
It's true, not everything that is shared with the public about cryptocurrency is all good, sometimes there are also those who try to incite us to buy a coin which they have already bought at a cheap price, so it's true, as you said, you have to be careful. When discussing cryptocurrency, don't be easily influenced.
[/quote]
Yes, that's just their strategy, they buy first at a cheaper price and then become influencers so that other people buy it, when we buy them together then sell them, and we get trapped in high prices because the price decreases
-
We can certainly discuss and critique cryptocurrency with others if Bitcoin is legalized. Learning about Bitcoin is not a bad thing if it doesn't involve legal complications. I definitely don't share about Bitcoin with anyone else because Bitcoin is not legalized in my country. But if someone wants to know something on Bitcoin and is very necessary then I share some information about crypto currency with others.
I think it is also very difficult to legalize it in my country, but in my country there are no restrictions on crypto education so at least people understand that apart from gold, land and property there are other very efficient investment methods.
-
In most cases, users contact me for crypto advice and offers, I had good experiences because it was not a scam and there was no request for a private key or anything like that in the dialog. The complexity of the market situation is always more and more detailed as the years go by and I am looking for users for questions and answers as well as the founders of the projects themselves.
-
1. With my close friend, i have remembered on telling him about buying Bitcoin and ETH wayback in 2017 as far as i remember.
2. Its positive, they've been thankful on my suggestion even up to now. Still loving to hear out some recommendations
3. Praise most of the time but i do always tell them about the risks involved.
The important thing on here is that you shouldnt really be making any assurance about making profits or money.
So that you wont really be blamed out in the end of the day.
It's great that your advice has been profitable for your friends, and it's kind of them to come back and thank you and listen to your advice and reminders about the risks. I've also mentioned the risks, but it seems they are forgotten when the listener is focused on the opportunity and profit.
Currently, I also often mention the risks and black swan events in the financial market, but other people think I'm just not sure about my understanding of the market. It's strange that they want to know something for sure in this volatile market! The only thing I know for sure is that the BTC halving will happen soon :)
-
- Have you ever shared investment advice or opinions with others?
- How did those investments turn out for them?
- Did you receive praise or criticism for your insights?
I have shared investment advice with friends. This is almost like a daily thing in my circle of friends. If there is a successful investment we bring it to the circle so that others can follow such investment strategy or plan and become successful. This is not limited to a win though, even when there are loss we share too so that others won't encounter should fall. We are a group of cryptotraders and so opinions that can help to navigate the cryptospace is what forms the nuclei of our discussions.
Well, most of the advise don't always turn out as thought but the few times my advise have helped the circle, I received rewards from members of the circle.
-
We can certainly discuss and critique cryptocurrency with others if Bitcoin is legalized. Learning about Bitcoin is not a bad thing if it doesn't involve legal complications. I definitely don't share about Bitcoin with anyone else because Bitcoin is not legalized in my country. But if someone wants to know something on Bitcoin and is very necessary then I share some information about crypto currency with others.
I think it is also very difficult to legalize it in my country, but in my country there are no restrictions on crypto education so at least people understand that apart from gold, land and property there are other very efficient investment methods.
The criteria for each country will differ from one another's views, and this is a policy that can be implemented by each government. There are those who are able to make regulations well and there are those who are still afraid of the impact, so it is not easy to equalize perceptions, or be able to accept them as being legal.
I think that the first investments were gold, shares, property and, with the development of technology, crypto emerged. In my view, it is clearly more profitable with crypto compared to other investments.
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
Yes, I have but it didn't turn out as good as expected because the friend I was telling about investment in Bitcoin, had to invest with their last money in bitcoin, hoping that it would give huge profits within a short time, not knowing that the crypto market is unpredictable. It can make one a millionaire within a short period if only they invest wrong
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
Yes, I have but it didn't turn out as good as expected because the friend I was telling about investment in Bitcoin, had to invest with their last money in bitcoin, hoping that it would give huge profits within a short time, not knowing that the crypto market is unpredictable. It can make one a millionaire within a short period if only they invest wrong
-
Yes, I have but it didn't turn out as good as expected because the friend I was telling about investment in Bitcoin, had to invest with their last money in bitcoin, hoping that it would give huge profits within a short time, not knowing that the crypto market is unpredictable. It can make one a millionaire within a short period if only they invest wrong
We always hope for the best for our friends and loved ones when they enter the crypto market and ask for our advice, or at least we hope to be right, but sometimes things don't go as we expect. BTC has both +1000% and -80% in a few months. I hope that you will not have trouble with their blame, if they are responsible investors they will not deny the limitations in their ability to manage capital and market judgment. As long as the crypto market exists and we still have money, opportunities are always waiting for us!
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
Yes, I have but it didn't turn out as good as expected because the friend I was telling about investment in Bitcoin, had to invest with their last money in bitcoin, hoping that it would give huge profits within a short time, not knowing that the crypto market is unpredictable. It can make one a millionaire within a short period if only they invest wrong
The main mistake of anyone who wants to join and invest in Bitcoin is not learning first as well as possible what Bitcoin is. What they want when they join is that you can get instant profits and get rich quickly, even though everything goes through a process that requires time and funds that must be prepared in advance.
So it's not surprising that he ended up being apathetic and not believing in Bitcoin, even though it was his fault.
-
Yes, I have but it didn't turn out as good as expected because the friend I was telling about investment in Bitcoin, had to invest with their last money in bitcoin, hoping that it would give huge profits within a short time, not knowing that the crypto market is unpredictable. It can make one a millionaire within a short period if only they invest wrong
First of all Bitcoin should be kept for long term investment and if someone wants quick profit then he should choose certain altcoins instead of Bitcoin. If your friend accepts your advice about buying Bitcoin then he should wait longer and should not blame you because you just share your thoughts the final decision was taken by him as no one can force anyone to make Bitcoin investment.
One should learn about Bitcoin first instead of blindly trusting others and if someone accepts his friends advice then he should not regret it in future because his friend can only give him advice and no one can completely follow the instructions of others.
-
Yes, I have but it didn't turn out as good as expected because the friend I was telling about investment in Bitcoin, had to invest with their last money in bitcoin, hoping that it would give huge profits within a short time, not knowing that the crypto market is unpredictable. It can make one a millionaire within a short period if only they invest wrong
First of all Bitcoin should be kept for long term investment and if someone wants quick profit then he should choose certain altcoins instead of Bitcoin. If your friend accepts your advice about buying Bitcoin then he should wait longer and should not blame you because you just share your thoughts the final decision was taken by him as no one can force anyone to make Bitcoin investment.
One should learn about Bitcoin first instead of blindly trusting others and if someone accepts his friends advice then he should not regret it in future because his friend can only give him advice and no one can completely follow the instructions of others.
If and have said everything about bitcoin, then you are not wrong. Unless you just say that investing in Bitcoin will bring profits, in my opinion that is not quite right, because after all we have to tell other people about all forms of risks and so on.
But when we have done that, then as you said it is completely their decision. They may swallow it raw without doing any further learning and hope to gain profits in a very short time.
-
Yes, I have but it didn't turn out as good as expected because the friend I was telling about investment in Bitcoin, had to invest with their last money in bitcoin, hoping that it would give huge profits within a short time, not knowing that the crypto market is unpredictable. It can make one a millionaire within a short period if only they invest wrong
First of all Bitcoin should be kept for long term investment and if someone wants quick profit then he should choose certain altcoins instead of Bitcoin. If your friend accepts your advice about buying Bitcoin then he should wait longer and should not blame you because you just share your thoughts the final decision was taken by him as no one can force anyone to make Bitcoin investment.
One should learn about Bitcoin first instead of blindly trusting others and if someone accepts his friends advice then he should not regret it in future because his friend can only give him advice and no one can completely follow the instructions of others.
If and have said everything about bitcoin, then you are not wrong. Unless you just say that investing in Bitcoin will bring profits, in my opinion that is not quite right, because after all we have to tell other people about all forms of risks and so on.
But when we have done that, then as you said it is completely their decision. They may swallow it raw without doing any further learning and hope to gain profits in a very short time.
The major mistake many make(I am guilty also) is to tell their friends that bitcoin brings profits, without telling them how long and risky it could be. A friend you told such a thing(investing in bitcoin gives profits) would like to invest in bitcoin with that kind of mindset, believing that they are meant to see profits in a short space of time since everyone is longing to be financially free without being patient enough.
-
If and have said everything about bitcoin, then you are not wrong. Unless you just say that investing in Bitcoin will bring profits, in my opinion that is not quite right, because after all we have to tell other people about all forms of risks and so on.
But when we have done that, then as you said it is completely their decision. They may swallow it raw without doing any further learning and hope to gain profits in a very short time.
The major mistake many make(I am guilty also) is to tell their friends that bitcoin brings profits, without telling them how long and risky it could be. A friend you told such a thing(investing in bitcoin gives profits) would like to invest in bitcoin with that kind of mindset, believing that they are meant to see profits in a short space of time since everyone is longing to be financially free without being patient enough.
Exactly as I said before, actually we are not wrong when we say Bitcoin brings profits, but it is wrong when we don't tell them everything. A beginner will think wildly when they hear something and that is what is dangerous for them.
I prefer when I tell them about Bitcoin starting from the risks first, or we tell them about the rapid market fluctuations, because everything has risks if we don't know the knowledge we have to apply.
-
Yes, I have but it didn't turn out as good as expected because the friend I was telling about investment in Bitcoin, had to invest with their last money in bitcoin, hoping that it would give huge profits within a short time, not knowing that the crypto market is unpredictable. It can make one a millionaire within a short period if only they invest wrong
First of all Bitcoin should be kept for long term investment and if someone wants quick profit then he should choose certain altcoins instead of Bitcoin. If your friend accepts your advice about buying Bitcoin then he should wait longer and should not blame you because you just share your thoughts the final decision was taken by him as no one can force anyone to make Bitcoin investment.
One should learn about Bitcoin first instead of blindly trusting others and if someone accepts his friends advice then he should not regret it in future because his friend can only give him advice and no one can completely follow the instructions of others.
First of all, let me say that, in as much as Bitcoin is the front runner when it comes to crypto currency, being the foundation on which crypto is built on, it's important for everyone crypto lover to hold bitcoin, but not mandatory or a must, and in terms of holding for a long or short term, or even buying and selling it for daily and momentary profit, that's solely at the discretion of the person, it is never a must to hold bitcoin when you really don't want to, or think there is some Altcoin with better potentials than bitcoin you should be rather holding.
And talking about advice, you are right anyway, we advice based on our knowledge which is what we know, and the last decision is always at the discretion of the person being adviced, this is why it is always important for a person to always go into doing his or her own research, in other to determine what to do and what not to do on their own.
-
If and have said everything about bitcoin, then you are not wrong. Unless you just say that investing in Bitcoin will bring profits, in my opinion that is not quite right, because after all we have to tell other people about all forms of risks and so on.
But when we have done that, then as you said it is completely their decision. They may swallow it raw without doing any further learning and hope to gain profits in a very short time.
The major mistake many make(I am guilty also) is to tell their friends that bitcoin brings profits, without telling them how long and risky it could be. A friend you told such a thing(investing in bitcoin gives profits) would like to invest in bitcoin with that kind of mindset, believing that they are meant to see profits in a short space of time since everyone is longing to be financially free without being patient enough.
Exactly as I said before, actually we are not wrong when we say Bitcoin brings profits, but it is wrong when we don't tell them everything. A beginner will think wildly when they hear something and that is what is dangerous for them.
I prefer when I tell them about Bitcoin starting from the risks first, or we tell them about the rapid market fluctuations, because everything has risks if we don't know the knowledge we have to apply.
The key on here is that you shouldnt really be making any assurance or making some promises that you could guarantee profits because this is something that would really instill into their minds,
but since we do know that this market doesnt give out assurance on where it would be going then once those friends or noobs would be able to see their money is decreasing
then for sure they would really be blaming you out on what happened into their investment. This is why it would really be always important that you should really be telling them
about the risks factor that do really involves into this market so that you would really be avoiding those pointing out of fingers.
-
Exactly as I said before, actually we are not wrong when we say Bitcoin brings profits, but it is wrong when we don't tell them everything. A beginner will think wildly when they hear something and that is what is dangerous for them.
I prefer when I tell them about Bitcoin starting from the risks first, or we tell them about the rapid market fluctuations, because everything has risks if we don't know the knowledge we have to apply.
The key on here is that you shouldnt really be making any assurance or making some promises that you could guarantee profits because this is something that would really instill into their minds,
but since we do know that this market doesnt give out assurance on where it would be going then once those friends or noobs would be able to see their money is decreasing
then for sure they would really be blaming you out on what happened into their investment. This is why it would really be always important that you should really be telling them
about the risks factor that do really involves into this market so that you would really be avoiding those pointing out of fingers.
Regarding making guarantees, that is something we should not do, even if we really believe in Bitcoin's future growth. Because usually beginners will hope that they will have profits very quickly.
Not only that, I had the experience of introducing my friend to airdrop, and what was interesting was that after 3 days he asked why he didn't also get free money. Lol
In my opinion, this is one example that beginners always have instant thinking.
-
Exactly as I said before, actually we are not wrong when we say Bitcoin brings profits, but it is wrong when we don't tell them everything. A beginner will think wildly when they hear something and that is what is dangerous for them.
I prefer when I tell them about Bitcoin starting from the risks first, or we tell them about the rapid market fluctuations, because everything has risks if we don't know the knowledge we have to apply.
The key on here is that you shouldnt really be making any assurance or making some promises that you could guarantee profits because this is something that would really instill into their minds,
but since we do know that this market doesnt give out assurance on where it would be going then once those friends or noobs would be able to see their money is decreasing
then for sure they would really be blaming you out on what happened into their investment. This is why it would really be always important that you should really be telling them
about the risks factor that do really involves into this market so that you would really be avoiding those pointing out of fingers.
It is certainly not wrong to be overly optimistic that every investment will provide profits, but it must also be accompanied by information that the opposite could also happen. So what you say is true, if the information is only for profit, but when the funds are reduced, then you can be blamed and be used as a liar.
In fact, in general, everyone already knows about the risks of any investment where there can be profits and losses, but if the information provided is only profits, of course it is not good and is something that is misleading.
-
I'd be curious to hear your thoughts on this situation:
- Have you ever shared investment advice or opinions with others?
Yes, I have but it didn't turn out as good as expected because the friend I was telling about investment in Bitcoin, had to invest with their last money in bitcoin, hoping that it would give huge profits within a short time, not knowing that the crypto market is unpredictable. It can make one a millionaire within a short period if only they invest wrong
If the knowledge of others can be added, why not? often because if a person's advice is good, it is often really good for our neighbor. And this is also good because we have to learn to balance the things that shouldn't and should.
That's why most people always say that before investing, it is still good to do your own research so that the capital investment that we will use in a cryptocurrency is not wasted.
-
Whenever I recognize an opportunity, I will help by forwarding those users to websites or giving them direct links for such guidelines that can bring them great passive income for sometime without investment, just points. User feedback is positive.
-
If and have said everything about bitcoin, then you are not wrong. Unless you just say that investing in Bitcoin will bring profits, in my opinion that is not quite right, because after all we have to tell other people about all forms of risks and so on.
But when we have done that, then as you said it is completely their decision. They may swallow it raw without doing any further learning and hope to gain profits in a very short time.
We should share both good and bad things about bitcoin and if we are saying good things but avoid bad things then it's our fault and our friend can put blame on us. Therefore make everything clear because it is a matter of money and these days no one will leave you without recovering money from you after facing loss.
The most common mistakes are that people hear from others and dive into that field but I think that it will become more suitable for them if they hear from others and then search by themselves so their knowledge will increase and also they will think accurately according to their financial matters after which they will decide according to them not according to others opinions.
-
If and have said everything about bitcoin, then you are not wrong. Unless you just say that investing in Bitcoin will bring profits, in my opinion that is not quite right, because after all we have to tell other people about all forms of risks and so on.
But when we have done that, then as you said it is completely their decision. They may swallow it raw without doing any further learning and hope to gain profits in a very short time.
We should share both good and bad things about bitcoin and if we are saying good things but avoid bad things then it's our fault and our friend can put blame on us. Therefore make everything clear because it is a matter of money and these days no one will leave you without recovering money from you after facing loss.
The most common mistakes are that people hear from others and dive into that field but I think that it will become more suitable for them if they hear from others and then search by themselves so their knowledge will increase and also they will think accurately according to their financial matters after which they will decide according to them not according to others opinions.
Exactly as I said before, we have to tell them about Bitcoin thoroughly without missing a single thing, either in terms of profits or losses that we might experience. Because we can't say half and half, because it will turn back on ourselves.
We can't just say about the benefits, and we can't just say about the risks. We have to tell them everything we know and then we advise them to learn it independently.
-
Whenever I recognize an opportunity, I will help by forwarding those users to websites or giving them direct links for such guidelines that can bring them great passive income for sometime without investment, just points. User feedback is positive.
It should be like what you do, because we are not harmed by providing the assistance we can give as best we can to those who really need it. Always think positively that there is something we can do which will have an impact on us. Helping each other is something that is very good and worth continuing to implement for the purpose of ultimately being useful to many people.