Should we share our views on crypto market with others?

[KryptoBull]

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?

[Dr.Bitcoin_Strange]

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.

[summonerrk]

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]

[MrSpasybo]

• 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 😊

[Zed0X]

~
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.

[TopT3ns]

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.

[Fivestar4everMVP]

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.

[JoyMarsha]

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

[sampoerna]

• 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.

[debra]

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. 

[Thyplaymaker]

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.

[KryptoBull]

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 

[Mimi]

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 

Hi can I please get a little more explanation about bitcoin in general just an overall introduction, thank you.

[trendcoin]

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...

[debra]

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.