Should we share our views on crypto market with others?

[Freemind]

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.

[KryptoBull]

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!

[yohananaomi]

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.

[Don Pedro Dinero]

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.

[taufik123]

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.

[SmartGold01]

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.

[robelneo]

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.

[Jamal Aezaz]

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.

[dekafee79]

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.

[TomPluz]

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.

[Cryptsafe]

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

[0t3p0t]

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.

[ajiz138]

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.

[Cryptsafe]

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.

[Jamal Aezaz]

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.