Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: bitterguy28 on January 14, 2025, 03:24:54 AM
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no man is an island
as much as i believe that we should dictate our own lives and our own decisions especially when it comes to our money i think it wouldn't hurt to go and seek out advices from time to time i am not saying we should take these advices as the absolute truth but it would allow us to gain some perspectives
my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
As far as I know the two hands washes each other.
I mean, you can pick financial knowledge from those who has degree on the course of finance, they also have their own to attributes to your investment journey. Same thing applicable to those who has involved in crypto for decades, they also have their guidelines and key words to chip in into your investment journey. So, you can pick advise from these sets of people to boost and enhance your knowledge as you make your investment plans.
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
Somebody that has a background in financial management. I believe that's the best person to seek advice from.
I'm into cryptocurrency for more than 5 years already, but I don't want to say that I'm the best person to seek advice with. On the other hand, those who have deep knowledge about financial literacy or financial management can give advice to a newbie. There are certain things that you can apply in Stock Market that's also applicable in crypto as well. Whenever I watch videos online, I always go with somebody that has background in financial literacy, and a no-no for me for those who doesn't have, but into crypto for a long time.
I'm not saying though that those experts in financial management always give good advice though because there are some that are giving bad advice still, and vice-versa. I guess it's all up to the person who they will follow their advice with.
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Yes, no man is an island that is why we need other people for ideas, suggestions and advices so as to illuminate our paths in this very dangerous (yet full of opportunities, at the same time) cryptocurrency industry. As for myself, I do not follow any particular figures related to the industry but I do pick up some good posts in Facebook and X where I can learn a thing or two that can enhance my crypto journey. But it would be good to have some authoritative personalities that we can trust and would not lead us astray especially so with the fact that there are so many scammers lurking in the dark wherever you go online.
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
As far as I know the two hands washes each other.
I mean, you can pick financial knowledge from those who has degree on the course of finance, they also have their own to attributes to your investment journey. Same thing applicable to those who has involved in crypto for decades, they also have their guidelines and key words to chip in into your investment journey. So, you can pick advise from these sets of people to boost and enhance your knowledge as you make your investment plans.
Like the message "Not a financial advice" every after podcast they do on YouTube. Yep most probably I will listen to both and will just see which one happens.
But when it comes to trading, I think you will still be listening to yourself before you would do something either sell or hold.
I have seen people on wall observer who did well in predictions, he won BTC price prediction as well but still wouldn't really guarantee to anyone his predictions to be the right one to follow.
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
Cryptocurrency is not really rocket science with the right attitude and focus, you can learn about it even without a degree because everything you want to learn about investing in cryptocurrency can be accessed online and with years of practicing about investing and how cryptocurrency works, he can give the best advice, There are things that experience can give you that you can't learn from
school.
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Yes, no man is an island that is why we need other people for ideas, suggestions and advices so as to illuminate our paths in this very dangerous (yet full of opportunities, at the same time) cryptocurrency industry. As for myself, I do not follow any particular figures related to the industry but I do pick up some good posts in Facebook and X where I can learn a thing or two that can enhance my crypto journey. But it would be good to have some authoritative personalities that we can trust and would not lead us astray especially so with the fact that there are so many scammers lurking in the dark wherever you go online.
In investing in crypto I prefer to focus on doing my own research and analysis, I don't look for role models because for me learning by myself is better than following others. because if we make mistakes because of our own analysis and predictions, it can be a reference for us to fix it, so that in the future we don't make the same mistakes.
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
Cryptocurrency is not really rocket science with the right attitude and focus, you can learn about it even without a degree because everything you want to learn about investing in cryptocurrency can be accessed online and with years of practicing about investing and how cryptocurrency works, he can give the best advice, There are things that experience can give you that you can't learn from
school.
Yeah, I believe how much long a person has also spent learning about cryptocurrency also contributes in so many ways how much experience the person would be able to gather and attain, sometimes certain mistakes people also make while putting their learning to practice can also be a viable source of knowledge too. Just as you said, beating a crypto guru doesn’t really require a degree, there are several sources online that contains all the necessary information one needs to navigate the crypto market and all it takes it dedication and patience to learn and understand all one needs.
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
Impressive that you wrote economics, finance, technology fields — cryptocurrency indeed comprises all.
Now on taking advise, I'll take advise from someone who has been involved in cryptocurrency for many years as practical experience always triumphs knowledge (i.e, degree), things you go through by being regularly active will always be valuable than rather historical knowledge in books.
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
All opinions are equally valuable if come from people who are relevant (with or without a degree) and they can help you see the problem from different perspectives. What I would do is take all the opinions and then do some research on what they said. Process and internalize the information, and then make the decision after you have done all the steps. This way you can pick and choose what you think best, or perhaps you can come with different solution.
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
All opinions are equally valuable if come from people who are relevant (with or without a degree) and they can help you see the problem from different perspectives. What I would do is take all the opinions and then do some research on what they said. Process and internalize the information, and then make the decision after you have done all the steps. This way you can pick and choose what you think best, or perhaps you can come with different solution.
Agreed!
It's always great to hear the perspective of others if needed - but this would still not be enough.
Doing your own thing with the thoughts that you compile is the way to go. And a degree doesn't matter to me much - if the expertise shines through the person's actions and wisdom.
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
Somebody that has a background in financial management. I believe that's the best person to seek advice from.
I'm into cryptocurrency for more than 5 years already, but I don't want to say that I'm the best person to seek advice with. On the other hand, those who have deep knowledge about financial literacy or financial management can give advice to a newbie. There are certain things that you can apply in Stock Market that's also applicable in crypto as well. Whenever I watch videos online, I always go with somebody that has background in financial literacy, and a no-no for me for those who doesn't have, but into crypto for a long time.
I'm not saying though that those experts in financial management always give good advice though because there are some that are giving bad advice still, and vice-versa. I guess it's all up to the person who they will follow their advice with.
Cryptocurrency world is also a very difficult process for new person. So I think that we need to best acquire knowledge from cryptocurrency market. Because if we can not acquire knowledge from here, we can not successful from cryptocurrency market. So I believe that we need to seek best person for advice for cryptocurrency world. I think that financial management also best solution for this. But we also believe that a knowledgeable person, who could be staying in crypto currency would for long time, I think that he will be best person for advice.
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
There is a big difference between an institutional degree and practical knowledge, just having a degree can never do as good as an experienced person but an institutional degree helps a person to show the right path and later on when that person gets experience in a practical way, its value increases a lot. goes It is very rare to get a degree studying crypto as it is not institutionally recognized yet but there are many who have years of experience in crypto and you should definitely seek advice from those experienced people then it will be more beneficial for you.
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
As far as I know the two hands washes each other.
I mean, you can pick financial knowledge from those who has degree on the course of finance, they also have their own to attributes to your investment journey. Same thing applicable to those who has involved in crypto for decades, they also have their guidelines and key words to chip in into your investment journey. So, you can pick advise from these sets of people to boost and enhance your knowledge as you make your investment plans.
Like the message "Not a financial advice" every after podcast they do on YouTube. Yep most probably I will listen to both and will just see which one happens.
But when it comes to trading, I think you will still be listening to yourself before you would do something either sell or hold.
I have seen people on wall observer who did well in predictions, he won BTC price prediction as well but still wouldn't really guarantee to anyone his predictions to be the right one to follow.
The reason for such statement is that they wouldn't want you to hold them responsible for losing their hand earn money due to follow your advice and one other thing we must note is that, market is so volatile and even if I say the market will end up with such amount by a specific day or month and it happens that it doesn't ends that way then I have giving that person a wrong advice that led to their lost. To be self-acclaimed or to abstained from giving someone the wrong financial advise then using such words are what they mostly used.
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It depends on the type of advice, even developers may be bad at predicting while traders' advice is bad in terms of account security or privacy, so you should divide cryptocurrencies into several specializations such as investment, security, privacy, and then ask several trusted people according to the subdivision.
some are pro bitcoiners and will tell you to stay away from altcoins.
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I follow some of the renowned economist and stock market advisors, none of them able to understand crypto and they consider it as bad choice for investment even after Bitcoin hit 100K. So you can't just get advice from anyone because they have degree but if you know they are in the crypto space for years then they might understand how things work but you can't take anyone's words as a guaranteed returns, it's just a suggestion and you have to make your own choice because it's your money.
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I follow some of the renowned economist and stock market advisors, none of them able to understand crypto and they consider it as bad choice for investment even after Bitcoin hit 100K. So you can't just get advice from anyone because they have degree but if you know they are in the crypto space for years then they might understand how things work but you can't take anyone's words as a guaranteed returns, it's just a suggestion and you have to make your own choice because it's your money.
Saylor's word i think is regarded by many in crypto as something to take seriously. he used to be a critic and then did a 180 turn and then become reputable in crypto. quite different to a finance guy like Kevin Oleary who become a crypto guy and yet not believed to every story he says.
so many users have been subscribing to Guy of CoinBureau because he been featuring advice on different altcoins too. if you wanna hear something good about the tokens you hold i guess you will like him too. but i don't know if you will if he will say something negative to the token. in the end its still you who will decide for your investment.
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I will take his opinion as superior as someone who has been involved with crypto for years and years because he has a lot of expertise with crypto. A crypto advisor will bring a professional perspective to the crypto industry and help build a low risk crypto portfolio. But for crypto investing you can get more advice from him who is quite old in crypto. I've seen a few people crypto tips from twitter many times current and i learned a lot. We can trust crypto experts who won't lead us astray. Since this is the crypto world fraudsters are all around so don't keep yourself in the dark.
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
Whatever challenges that you think you are facing, just know that there are different people with different opinions that will be ready to give you advice. It's up to you to loo at different perspective of what they are saying. In an economy where there is high inflation, everyone will be complaining but will not look at the other side and where they got things wrong, some will even make it political when they are supposed to proffer a solution.
In cryptocurrency, I don't think you need anyone advice, you need to hear opinion from people who believe in the market and gives financial opinion based on what they understand and not hype the market like some people do just to mislead you to buy the coins they bought.
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no man is an island
as much as i believe that we should dictate our own lives and our own decisions especially when it comes to our money i think it wouldn't hurt to go and seek out advices from time to time i am not saying we should take these advices as the absolute truth but it would allow us to gain some perspectives
my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
I will definitely go with the second person who have spent years in crypto market already but as you said in getting advice we must get advice from anyone, like here in this case if we have the opportunity to get the advice from both then we must get it, as if the person getting degree also into crypto then his advices can worth more.
Because there are people in crypto from a long time and they still don't know the basic trading or analysis skills they just going with the flow so we should keep this in mind before following them their time in the field matters if they have some experienece too
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The answer is leaning towards someone into crypto already. My issue with that is you can be involve with crypto for years but if you're only in it for the airdrops, bounties, and chasing the hype, what good thing can you advice someone with that? It still depends on what they actually do.
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
The most accurate way is in recognition of the person who have the required cryptocurrency experience and not for the other who has a degree but being emptied of what is needed to have a start, that is why in most of the professional fields today, the labour in demands deals with those having the work experience and not the degree, so it's important if we can come to a community like this and through your question or learn from the created threads on areas that may be of interest.
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I follow some of the renowned economist and stock market advisors, none of them able to understand crypto and they consider it as bad choice for investment even after Bitcoin hit 100K. So you can't just get advice from anyone because they have degree but if you know they are in the crypto space for years then they might understand how things work but you can't take anyone's words as a guaranteed returns, it's just a suggestion and you have to make your own choice because it's your money.
Indeed, they do not always understand crypto, because their concept is not there and sometimes they do not have the desire to enter this crypto world, and they think that crypto is full of risk and it is not good to enter this area.
However, there are still some parties who are very helpful until now, some influencers who are really experts in crypto, sharing updated information about crypto, as well as sharing their insights and analyzing their market predictions on their social media pages. and what I like is that they do not invite us to invest in the coins they buy, yes, just for information, if we want to follow, please, if not, please.
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The answer is leaning towards someone into crypto already. My issue with that is you can be involve with crypto for years but if you're only in it for the airdrops, bounties, and chasing the hype, what good thing can you advice someone with that? It still depends on what they actually do.
Very true!
Not everyone who’s in the crypto space actually knows about the real deals. I have a friend whom I started the crypto journey with several years ago, while I focused more on acquiring more knowledge about Bitcoin and cryptocurrencies, he based his focus more on hunting for airdrops and bounties, yeah back then he made some good money from those, I never really had the time to join him hunt for the airdrops and bounties so we were both walking different paths but still in the crypto space. Right now, he complains about the crypto space not being profitable anymore while I’ve been able to learn several ways I can be able to navigate the crypto space effectively.
Now such a person has very little or nothing to the next person who seeks crypto related advice from an OG.
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Somebody that has a background in financial management. I believe that's the best person to seek advice from.
I'm into cryptocurrency for more than 5 years already, but I don't want to say that I'm the best person to seek advice with. On the other hand, those who have deep knowledge about financial literacy or financial management can give advice to a newbie. There are certain things that you can apply in Stock Market that's also applicable in crypto as well. Whenever I watch videos online, I always go with somebody that has background in financial literacy, and a no-no for me for those who doesn't have, but into crypto for a long time.
i understand your point because someone who really has learned financial management or anything that has to do with economy means they have studied the general population and has had access to statistics that only the academics could have access to
in comparison to people with no background knowledge or proper education, their knowledge might only come from their experience which we know is not always the same for everyone so the advice they might give is only applicable to them and no one else it doesn't mean they are wrong but at face value it might not be the most credible
I'm not saying though that those experts in financial management always give good advice though because there are some that are giving bad advice still, and vice-versa. I guess it's all up to the person who they will follow their advice with.
yes of course some people with degrees do not always use their degrees to the best of their abilities and tend to stray to a different path for multitude of reasons but a degree can hold some magnitude if you have it whether or not you practice your profession well
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my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
The most accurate way is in recognition of the person who have the required cryptocurrency experience and not for the other who has a degree but being emptied of what is needed to have a start, that is why in most of the professional fields today, the labour in demands deals with those having the work experience and not the degree, so it's important if we can come to a community like this and through your question or learn from the created threads on areas that may be of interest.
We may not know the full story behind some people, but when we hear them speak and have some experience too - we can differ a bittersweet lies from the truth, in my opinion.
And surely, when a person talks with passion about how they went into some projects and lost some / got some from it, it is a situation to behold, and we can see the interest of this person in his field.
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no human can live alone. then we must continue to interact with the surrounding environment, in my opinion who deserves to give advice in terms of crypto, everyone can give advice on what coins and which ones can provide potential profits, but there will be many demands so we can choose which ones are good and which ones can provide long-term profits, but all suggestions cannot be followed raw, we need confidence in choosing and implementing advice that is logical, never be controlled when making decisions in investing because if we get a loss then we will feel bad for our friends
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The answer is leaning towards someone into crypto already. My issue with that is you can be involve with crypto for years but if you're only in it for the airdrops, bounties, and chasing the hype, what good thing can you advice someone with that? It still depends on what they actually do.
Especially those who are new to crypto only think more as bounty, airdrop because they try to make money for free. But once their efforts failed then there started thinking about investment and trading. In general there are many people who have a lot of experience in crypto because they have done a lot of research on crypto. Actually a hype drives crypto users a lot because people make a lot of money from a new hype. But definitely take advice from someone who is really established with years of research in crypto.
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Personally, whether I listen to someone depends on how they present their argument. If what they said makes sense, has some proof, doesn't jump to a conclusion, doesn't use emotional terms like "is dead" etc, then I'd probably listen more. Especially if they have a proven track record. That being said, nobody can see the future so I won't subscribe to their prediction at all, and just learn how they arrive at their conclusion. Not sure how easy that is if you've never been involved in crypto though. I can only say that people have to start somewhere, and I hope they don't start from listening to a shitcoin pump & dump influencer.
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no man is an island
as much as i believe that we should dictate our own lives and our own decisions especially when it comes to our money i think it wouldn't hurt to go and seek out advices from time to time i am not saying we should take these advices as the absolute truth but it would allow us to gain some perspectives
my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
Hear no one and dont rely too much about into the things that you are really that hearing around. Somehow having some idea on how to do things and hearing up on others wont really be that a bad idea either. We are the ones who do dictate on what our life could really be having on which it will basing up someones mindset because on the time that you will be that relying others then you will be definitely be having that potential regret at the time that you will be experiencing unexpected events. Seek advice? Everything could be seen in net and it will be that up to you on how you do absorb informations and other aspects.
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Personally, whether I listen to someone depends on how they present their argument. If what they said makes sense, has some proof, doesn't jump to a conclusion, doesn't use emotional terms like "is dead" etc, then I'd probably listen more. Especially if they have a proven track record. That being said, nobody can see the future so I won't subscribe to their prediction at all, and just learn how they arrive at their conclusion. Not sure how easy that is if you've never been involved in crypto though. I can only say that people have to start somewhere, and I hope they don't start from listening to a shitcoin pump & dump influencer.
Good choice. If a person is not a maxi in the question posed, he can be argued with and discussed with about the question / problem. Not many people are eager to share their knowledge and spend their time on proving their point, naturally, but some do have the credibility to be a source of knowledge in some fields.
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no man is an island
as much as i believe that we should dictate our own lives and our own decisions especially when it comes to our money i think it wouldn't hurt to go and seek out advices from time to time i am not saying we should take these advices as the absolute truth but it would allow us to gain some perspectives
my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
The concept of cryptocurrency requires deep knowledge and understanding. To navigate it effectively, you need to be knowledgeable and discerning about the people you seek advice from. Good advice isn't solely based on knowledge, it's the result of careful consideration, free from emotional and psychological biases. A person's status, experience, or credentials in the cryptocurrency space don't guarantee they'll provide the best advice. Even experts or professors can be psychologically weak in their thinking or hesitant to share valuable insights. Some individuals might intentionally withhold good advice due to personal motivations or a desire to maintain superiority.
Before making any decisions, especially those affecting your financial stability or well being, take the time to think critically and evaluate the people you trust. Understand that everyone's thought process is unique, and it's essential to be psychologically astute and discerning when seeking advice on cryptocurrency or any other matter.
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no man is an island
as much as i believe that we should dictate our own lives and our own decisions especially when it comes to our money i think it wouldn't hurt to go and seek out advices from time to time i am not saying we should take these advices as the absolute truth but it would allow us to gain some perspectives
my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
There is a saying that experience is a teacher. You can not compare theory and practical at the same time, what you see or hear while in the course of theory might be different from what you see and experience in the practical class.
OP there is nothing wrong in seeking advice from both parties but a person with practical knowledge would give you a good rundown of their experience of how things work and how they were able to record numerous successes in the process of trading and also apply some principles to achieving their success. However, you should know that when it comes to situations such as this, not everyone would comfortably tell you everything as there are some secrets to their trading life that they would not say to you but you should be able to discern when they mean what they say and are just saying things to please you. You should be able to analyze all you have heard to take the best from all they have to say and apply it to your exercise and see how far you can go with it.
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It depends on the type of advice, even developers may be bad at predicting while traders' advice is bad in terms of account security or privacy, so you should divide cryptocurrencies into several specializations such as investment, security, privacy, and then ask several trusted people according to the subdivision.
some are pro bitcoiners and will tell you to stay away from altcoins.
Yes, i have similar thought about the type of advice to render because the crypto economy is very wide and there should be specialists in every section like, mining, marketing, Trading, designs, ICO/IEO management and community managers etc.
As an economicst, i can give advice on the market, which includes, buying/selling financial instruments, demand/supply and consumer behavior, market trends, Data statistics etc.
In addition, there are actually highly experienced bitcoiners who has been following the Bitcoin trends since it's inception, and i think they give some market advice too.
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It depends on the type of advice, even developers may be bad at predicting while traders' advice is bad in terms of account security or privacy, so you should divide cryptocurrencies into several specializations such as investment, security, privacy, and then ask several trusted people according to the subdivision.
some are pro bitcoiners and will tell you to stay away from altcoins.
Yes, i have similar thought about the type of advice to render because the crypto economy is very wide and there should be specialists in every section like, mining, marketing, Trading, designs, ICO/IEO management and community managers etc.
As an economicst, i can give advice on the market, which includes, buying/selling financial instruments, demand/supply and consumer behavior, market trends, Data statistics etc.
In addition, there are actually highly experienced bitcoiners who has been following the Bitcoin trends since it's inception, and i think they give some market advice too.
Each has his own specification - and he should be good at it and like it very much.
And usually, that's the case - those who are maxing Bitcoin are inclined to not to get any alts due to them being inferior to BTC.
However, each has its pros and cons during different times.
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Yep most probably I will listen to both and will just see which one happens.
I go for this one brilliant comment right here and I agree with you because we cannot ignore both as they are more effective when combined and this is where our creativity will do it's best. You can't go wrong on either one of them to be honest and why chose one if you can have them both right? We just need to improvise so the advise will result in a great outcome. Though for me personally it's easier said than done but yeah it all really depends on how we understand things and how we dealt with it.
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no man is an island
as much as i believe that we should dictate our own lives and our own decisions especially when it comes to our money i think it wouldn't hurt to go and seek out advices from time to time i am not saying we should take these advices as the absolute truth but it would allow us to gain some perspectives
my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
In the crypto game;seeking advice from investors isn't actually a bad idea that is meant to be actually shunned.
Taking advice and following other traders investments choices are quite different.We as investors also need these advices most times because we can't be thoroughly perfect.The most important thing is going and reading through these advices given by other investors again amd again as it is important to make your own investment choices yourself.Your choices shouldn't be facilitated by other investors except if thoroughly put into consideration.
I personally don't like to give advices to other investors most times to avoid future occurences of blames when losses occur.However;these advices are still important.
As a newbie or even investors that are already in the game;you could still take advices from people you trust or people who have stayed longer in the game and have something to show for it.It is also important that after getting these advices;lay them down and put inyo consideration.You are entirely free to make your own choices as loss or profits incurred are for you and no one else;it affects you;it doesn't affect them.
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who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
Basically it's a bit difficult if we are too skeptical and too strict in filtering input and suggestions from others... whereas, we can all consider it all to be something logical according to ourselves...
I once thought that every rich person who has been successful also certainly will not give free advice to others... where at least there must be reciprocity so that everyone feels the same hard work...
One of the suggestions and experiences that can be shared for free is from our family, whether it's from our father or mother.. maybe it's true, not all parents have good financial conditions, so we pay too little attention to it... but believe me, that every parent has experiences that we have never experienced... and I'm sure, they would prefer to be honest with their own children... so the best and most valid advice that can be trusted is from my parents.
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Each has his own specification - and he should be good at it and like it very much.
And usually, that's the case - those who are maxing Bitcoin are inclined to not to get any alts due to them being inferior to BTC.
However, each has its pros and cons during different times.
The advantages and disadvantages of one crypto are natural because it has become a choice, some are good and some are not, some are number 1 and there are the next numbers, for bitcoin lovers they will say bitcoin is better, on the other hand for altcoin lovers they have their own views on why they prefer altcoin, the point is everyone has their own views and their comfort in investing, and we also cannot force ourselves to follow their advice raw (that's my thinking)
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The advantages and disadvantages of one crypto are natural because it has become a choice, some are good and some are not, some are number 1 and there are the next numbers, for bitcoin lovers they will say bitcoin is better, on the other hand for altcoin lovers they have their own views on why they prefer altcoin, the point is everyone has their own views and their comfort in investing, and we also cannot force ourselves to follow their advice raw (that's my thinking)
It's better to learn from everybody and just to listen to others if needed.
If it's not - then you just follow your own path / strategy. And that matters the most - being ready for most of the things and having a plan.
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As we know the we are trading the alts coin so we have not that much patience but if we can transfer our mentality from trading to investing than we can earn good returns from market and no need to get advice from any one.
Investment required little bit research and lot of patience only.
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It's better to learn from everybody and just to listen to others if needed.
If it's not - then you just follow your own path / strategy. And that matters the most - being ready for most of the things and having a plan.
You don't have to listen to everybody and even the ones you do, it's not compulsory thing to do to be successful in crypto, just take one or two that you need and work towards it, with time you will get make that money everyone is looking for. You just have to find out that way of success in crypto and the one that works for you because it didn't work for another didn't mean it wouldn't work for you.
Though there is a general consensus in crypto success, buying of Bitcoin and holding for as long as you can never be wrong in any way. As long as you can hold and you can have the patience, money will be made from it.
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the best person to seek advice are the persons who always say "Not a Financial Advice" at the end of his advice. ;D because you know this guy is a very experienced person when it comes to being blamed in case he is wrong with what he said.
It's better to learn from everybody and just to listen to others if needed.
If it's not - then you just follow your own path / strategy. And that matters the most - being ready for most of the things and having a plan.
You don't have to listen to everybody and even the ones you do, it's not compulsory thing to do to be successful in crypto, just take one or two that you need and work towards it, with time you will get make that money everyone is looking for. You just have to find out that way of success in crypto and the one that works for you because it didn't work for another didn't mean it wouldn't work for you.
Though there is a general consensus in crypto success, buying of Bitcoin and holding for as long as you can never be wrong in any way. As long as you can hold and you can have the patience, money will be made from it.
it would take a person staying in crypto and reading a lot of posts in forums like this before the person can think that its just BTC that matters the most. but in the end he will still be going for the altcoins that are being pumped.
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Each has his own specification - and he should be good at it and like it very much.
And usually, that's the case - those who are maxing Bitcoin are inclined to not to get any alts due to them being inferior to BTC.
However, each has its pros and cons during different times.
The advantages and disadvantages of one crypto are natural because it has become a choice, some are good and some are not, some are number 1 and there are the next numbers, for bitcoin lovers they will say bitcoin is better, on the other hand for altcoin lovers they have their own views on why they prefer altcoin, the point is everyone has their own views and their comfort in investing, and we also cannot force ourselves to follow their advice raw (that's my thinking)
We do have our own views and experiences that make us choose which coins we will buy. I diversify and consider bitcoin as a priority coin while top altcoins are my choice to get more bear profit from investing in bitcoin. I have some top altcoins such as ethereum, SOL, XRP and BNB.
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Each has his own specification - and he should be good at it and like it very much.
And usually, that's the case - those who are maxing Bitcoin are inclined to not to get any alts due to them being inferior to BTC.
However, each has its pros and cons during different times.
The advantages and disadvantages of one crypto are natural because it has become a choice, some are good and some are not, some are number 1 and there are the next numbers, for bitcoin lovers they will say bitcoin is better, on the other hand for altcoin lovers they have their own views on why they prefer altcoin, the point is everyone has their own views and their comfort in investing, and we also cannot force ourselves to follow their advice raw (that's my thinking)
We do have our own views and experiences that make us choose which coins we will buy. I diversify and consider bitcoin as a priority coin while top altcoins are my choice to get more bear profit from investing in bitcoin. I have some top altcoins such as ethereum, SOL, XRP and BNB.
Although, there should be no problem with an emphasis on Bitcoin as the leading altcoins used in an effort to gain more can sometimes prove to be disadvantageous. Most altcoins are riskier to their base counterpart in the bitcoin and it is still uncertain to predict a continuous growth of their prices in the near future. It is notable that some stocks, which received high ratings today can fall dramatically at unpredictable moments. This type of decision-making also has its downside when risk diversification is used universally without thinking about other risks. Altcurrencies are not identical, and using any asset other than bitcoin still has a great percentage of the risk. Being conservative is always preferable to risk taking when it comes to allocating money and this is because one is not guaranteed that they will get the returns that they want if they decided to employ the current strategy.
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the best person to seek advice are the persons who always say "Not a Financial Advice" at the end of his advice. ;D because you know this guy is a very experienced person when it comes to being blamed in case he is wrong with what he said.
yeah i agree lol they are people who understands that their advice can not be applied by everyone to everything and thus will not work 100% every time but they are still giving out their opinions anyway and if you want to use it then at least you have been warned
it would take a person staying in crypto and reading a lot of posts in forums like this before the person can think that its just BTC that matters the most. but in the end he will still be going for the altcoins that are being pumped.
we have different approaches actually i think the less people read around the more they would go for altcoins because they will always believe that about anything can become like bitcoin
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no man is an island
as much as i believe that we should dictate our own lives and our own decisions especially when it comes to our money i think it wouldn't hurt to go and seek out advices from time to time i am not saying we should take these advices as the absolute truth but it would allow us to gain some perspectives
my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?
As long as you know that his understanding and explanation of crypto related to this is deep, that's what you should listen to. Because there are many who have been here for a long time but the level of understanding about cryptocurrency or bitcoin is not that deep.
But others who are new to this field industry have a broader understanding than others who have been here for a long time. I'm just being honest. Because they have been here for many years but they never learn to continue about bitcoin and crypto business even in the other things in which is related to this topic.
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the best person to seek advice are the persons who always say "Not a Financial Advice" at the end of his advice. ;D because you know this guy is a very experienced person when it comes to being blamed in case he is wrong with what he said.
They're the best of the best when it comes to giving advice.
The proof that they're the best? They have many followers, and many are following his/her advice hence, they're the best. :D They're very experienced indeed. Very experienced in saying that infamous quote.
You don't have to listen to everybody and even the ones you do, it's not compulsory thing to do to be successful in crypto, just take one or two that you need and work towards it, with time you will get make that money everyone is looking for.
When I'm a newbie, I need to listen to one or two influencers in order to learn something. Of course, I watched many influencers, but I handpicked the ones that are giving me TRUE knowledge, and not those who are only giving recommendations to invest in this project and that project blah blah.
Listening to somebody when you're starting is a thing because they could help you in your journey. What's wrong is relying on what they're saying and don't spend your time learning even more.
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it would take a person staying in crypto and reading a lot of posts in forums like this before the person can think that its just BTC that matters the most. but in the end he will still be going for the altcoins that are being pumped.
we have different approaches actually i think the less people read around the more they would go for altcoins because they will always believe that about anything can become like bitcoin
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Most out there should start with Bitcoin - otherwise, they would be tempted too much by the volatility of new coins especially.
But, alas, it's not how it happens in truth ;)
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Each has his own specification - and he should be good at it and like it very much.
And usually, that's the case - those who are maxing Bitcoin are inclined to not to get any alts due to them being inferior to BTC.
However, each has its pros and cons during different times.
The advantages and disadvantages of one crypto are natural because it has become a choice, some are good and some are not, some are number 1 and there are the next numbers, for bitcoin lovers they will say bitcoin is better, on the other hand for altcoin lovers they have their own views on why they prefer altcoin, the point is everyone has their own views and their comfort in investing, and we also cannot force ourselves to follow their advice raw (that's my thinking)
We do have our own views and experiences that make us choose which coins we will buy. I diversify and consider bitcoin as a priority coin while top altcoins are my choice to get more bear profit from investing in bitcoin. I have some top altcoins such as ethereum, SOL, XRP and BNB.
Although, there should be no problem with an emphasis on Bitcoin as the leading altcoins used in an effort to gain more can sometimes prove to be disadvantageous. Most altcoins are riskier to their base counterpart in the bitcoin and it is still uncertain to predict a continuous growth of their prices in the near future. It is notable that some stocks, which received high ratings today can fall dramatically at unpredictable moments. This type of decision-making also has its downside when risk diversification is used universally without thinking about other risks. Altcurrencies are not identical, and using any asset other than bitcoin still has a great percentage of the risk. Being conservative is always preferable to risk taking when it comes to allocating money and this is because one is not guaranteed that they will get the returns that they want if they decided to employ the current strategy.
If every investment always guarantees profit, then there will be no stories of loss and everything will run smoothly, there will be no color in every investment, being conservative is the right choice for making decisions and can reduce the risk of losing large amounts, it can be minimized
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the best person to seek advice are the persons who always say "Not a Financial Advice" at the end of his advice. ;D because you know this guy is a very experienced person when it comes to being blamed in case he is wrong with what he said.
They're the best of the best when it comes to giving advice.
The proof that they're the best? They have many followers, and many are following his/her advice hence, they're the best. :D They're very experienced indeed. Very experienced in saying that infamous quote.
You don't have to listen to everybody and even the ones you do, it's not compulsory thing to do to be successful in crypto, just take one or two that you need and work towards it, with time you will get make that money everyone is looking for.
When I'm a newbie, I need to listen to one or two influencers in order to learn something. Of course, I watched many influencers, but I handpicked the ones that are giving me TRUE knowledge, and not those who are only giving recommendations to invest in this project and that project blah blah.
Listening to somebody when you're starting is a thing because they could help you in your journey. What's wrong is relying on what they're saying and don't spend your time learning even more.
- Just like you did before when you were a newbie mate, that's what I usually do, I choose advice that can add ideas and knowledge to what they say in their content on youtube. This is what I did before when I was just starting out in this field of crypto space.
This is how it is when we learn something, and we really study it thoroughly to learn the things that are important in this field industry too. Just always pick the ones that are really beneficial to us.
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Those who have degrees in specific subjects certainly know more about the specific areas than the average person. On the other hand, those who have been involved in cryptocurrency for a long time also have sufficient knowledge. As a new investor, I think it is better to take the opportunity to learn from both if there is an opportunity to learn from them. Moreover, when an investor increases his own knowledge, he will understand very well which advice is logical. From my point of view, I would take both of the person's advice.
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No advice given by someone is a waste. So far they are telling you what's in line with what you want to learn about crypto.
Gaining advice from someone regarding crypto, I would prefer looking into the advice of someone who has stayed in the crypto space for years because they have understood how the market is and through all their ugly experience of losses they have learned from it, how to be a successful investor in crypto space
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No advice given by someone is a waste. So far they are telling you what's in line with what you want to learn about crypto.
Gaining advice from someone regarding crypto, I would prefer looking into the advice of someone who has stayed in the crypto space for years because they have understood how the market is and through all their ugly experience of losses they have learned from it, how to be a successful investor in crypto space
I agree with you, listening to good advice from seniors who have been involved in the crypto world for a long time is a positive thing, it can increase our knowledge. Because they have more experience than us. And in crypto investment we must seek as much knowledge and experience as possible. Be active in forums and social media to increase our knowledge about crypto
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I am not meeting anyone for advice on crypto, the best place i get good recommendations on crypto is from crypto forums. When you discuss crypto with others in crypto forums, you learn from them, i don't mean getting investment advice because no wise person will give you that. There are also a lot of resources online for you to read and get knowledge about what you need.
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We can have an advice from the expert they has a high knowledge or experience and if we seek thier advice we can maybe used it and apply it on our own strategy to make a good profit, expert means they has a good education with regards to financial management or maybe business management and they are already successful.
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I am not meeting anyone for advice on crypto, the best place i get good recommendations on crypto is from crypto forums. When you discuss crypto with others in crypto forums, you learn from them, i don't mean getting investment advice because no wise person will give you that. There are also a lot of resources online for you to read and get knowledge about what you need.
Now knowing crypto from various sources make us understand more about the existence of various aspects of it. In one way or another, talking with a community that has prior experience allows one to be introduced to different views and information. We also have an opportunity to receive more detailed information according to our needs using the Internet. That is why the exposure of more information allows one to weigh the pros and cons before making a particular decision. Getting the data from different sources without a haste at first can help us to be more assured in the further attempts to explore the constantly expanding crypto environment.
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Now knowing crypto from various sources make us understand more about the existence of various aspects of it. In one way or another, talking with a community that has prior experience allows one to be introduced to different views and information. We also have an opportunity to receive more detailed information according to our needs using the Internet. That is why the exposure of more information allows one to weigh the pros and cons before making a particular decision. Getting the data from different sources without a haste at first can help us to be more assured in the further attempts to explore the constantly expanding crypto environment.
Its is really speculation in their investment, popular or familiar cannot be a benchmark in current investment.
not infrequently occasionally get fake mentors who direct us to buy this and that coin even though if we check the condition of the coin it is no longer worthy to be bought or maintained. For new coins, too, many misleading recommendations come by providing an unreasonable profit picture.
Finally we have to be objective with our research based on the product they are going to build. without the main product key that has usefulness in the crypto ecosystem, it is nothing. joining every signal group does not give us good knowledge in analysis, it may depend on them.
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Getting the data from different sources without a haste at first can help us to be more assured in the further attempts to explore the constantly expanding crypto environment.
It is always good to compare what you have learnt, and what is good about crypto forums is that you can discuss extensively about what you do not understand, and that it is the edge it has over reading written articles, though if you get a good article, it is also great. Security is very important, so that is one aspect that crypto people have to learn very well, so they don't lose their funds.
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Getting the data from different sources without a haste at first can help us to be more assured in the further attempts to explore the constantly expanding crypto environment.
It is always good to compare what you have learnt, and what is good about crypto forums is that you can discuss extensively about what you do not understand, and that it is the edge it has over reading written articles, though if you get a good article, it is also great. Security is very important, so that is one aspect that crypto people have to learn very well, so they don't lose their funds.
In the forum we can discuss in more detail and listen to the opinions of many people. We can gain a lot of knowledge by being active in the forum.
Although the forum is currently quiet bounty campaign, the forum still provides a place to discuss crypto well.
We can compare our analysis with others and this makes us more knowledgeable and gain experience.
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In the forum we can discuss in more detail and listen to the opinions of many people. We can gain a lot of knowledge by being active in the forum.
Although the forum is currently quiet bounty campaign, the forum still provides a place to discuss crypto well.
We can compare our analysis with others and this makes us more knowledgeable and gain experience.
I definitely agree with this opinion because through a forum there is an opportunity to learn from the experience of others. Group discussion enables one to consider things that he or she has not been able to envision on his or her own. While there are some situations when some activities may be limited to a certain extent, there is always an option to share the knowledge on the matter. This is done by going through different sources and then comparing the information drawn out with that of other analysts, which adds to knowledge of the subject and makes the trader wider. When more people are present and equally participating effectively in the conversation, one stands to gain more experience to warrant making of better decisions.