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Author Topic: Should we share our views on crypto market with others?  (Read 24645 times)

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Re: Should we share our views on crypto market with others?
« Reply #195 on: July 28, 2024, 02:45:19 PM »
It's not about whose point of view is the most effective in making a lot of profit, but respecting other people's views and being open to hearing about it. Basically it's a principle that can't be intervened, we can't expect everyone to have the same way of doing business.
I have an acquaintance who likes to play with meme coins because of his success a few years ago in that way, I have a close friend who likes trading bots because he only limits the risk in this space with small funds. These are just a few factors that make a person's principles vary. " Their way, their satisfaction."

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Re: Should we share our views on crypto market with others?
« Reply #195 on: July 28, 2024, 02:45:19 PM »

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Re: Should we share our views on crypto market with others?
« Reply #196 on: July 28, 2024, 06:19:06 PM »
I agree with your opinion that they should do their own research and make their own predictions from the coins they choose. Because the risk is on each of us. That's the reason why I don't share about crypto with others, because they will likely blame us if we experience losses.
When doing research and making your own predictions, it must be done and it is the best way, but we also have to look at some predictions that have been made by others. That way we can find out what the shortcomings of the research or predictions we make are and can also compare the results of who is more accurate.

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Re: Should we share our views on crypto market with others?
« Reply #196 on: July 28, 2024, 06:19:06 PM »

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Re: Should we share our views on crypto market with others?
« Reply #197 on: July 28, 2024, 07:21:06 PM »
I agree with your opinion that they should do their own research and make their own predictions from the coins they choose. Because the risk is on each of us. That's the reason why I don't share about crypto with others, because they will likely blame us if we experience losses.
Sometimes it is good to give people basic advice, but risk factors should be mentioned before giving a suggestion. Then if he understands everything and invests and eats loss, then there is no need to blame anyone else.
And if he blames then he is stupid. Because of course, trading should not be done depending on others. If you want to trade, you must have the ability to do some basic analysis.

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Re: Should we share our views on crypto market with others?
« Reply #198 on: July 29, 2024, 11:45:32 PM »
I agree with your opinion that they should do their own research and make their own predictions from the coins they choose. Because the risk is on each of us. That's the reason why I don't share about crypto with others, because they will likely blame us if we experience losses.
Sometimes it is good to give people basic advice, but risk factors should be mentioned before giving a suggestion. Then if he understands everything and invests and eats loss, then there is no need to blame anyone else.
And if he blames then he is stupid. Because of course, trading should not be done depending on others. If you want to trade, you must have the ability to do some basic analysis.
yes in trading we have to make our own analysis and research because all the risks are in our hands, this is our money problem. Other people can give advice and input, and we can accept it, but it would be better if we do our own research and analysis in deciding. because we should not blame others for our failure.

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Re: Should we share our views on crypto market with others?
« Reply #199 on: July 30, 2024, 12:50:41 AM »
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.

It sounds like you’ve had a tough time balancing your role as a friend with the responsibility of giving investment insights. Navigating these situations can definitely be challenging. Here’s my take on your situation:

Sharing Investment Insights:

Navigating Friendships: It’s common for people to place blame or credit on others when it comes to investments, especially in a volatile market like crypto. As you’ve experienced, when things don’t go as planned, the tendency is to look for someone to blame.
Responsibility and Risk Awareness: It’s important to remember that while sharing knowledge and opinions is valuable, the ultimate responsibility for investment decisions lies with the individual. It can be frustrating when friends don’t acknowledge the inherent risks or the fact that investment outcomes are uncertain.
Reflections:

Praise vs. Criticism: It seems like you’ve only received feedback when things go wrong, not when they go well. This can be disheartening. It’s worth noting that people often acknowledge advice or support when it aligns with their own expectations or successes.
Focusing on Relationships: Prioritizing relationships over financial outcomes is key. Sometimes, maintaining a supportive role without taking on the responsibility of others’ investment decisions can help keep friendships intact.
My Experience:

I’ve shared investment opinions and advice before, and it’s been a mixed bag. Some friends have appreciated the insights, while others have been quick to criticize if things didn’t pan out as expected. The key takeaway has been to offer opinions as just that—opinions—and to stress the importance of doing one’s own research.
Advice Moving Forward:

Set Clear Boundaries: Make it clear that your insights are not financial advice but rather personal opinions. Encourage friends to do their own research and understand the risks.
Focus on What You Can Control: Keep sharing your knowledge if it’s helpful, but remember to manage expectations and not take blame for outcomes beyond your control.
Value Relationships: Prioritize maintaining meaningful connections over focusing on financial gains or losses.
Investments are inherently risky and often unpredictable. Keeping conversations about investing constructive and grounded in mutual respect can help preserve friendships while navigating the complexities of financial markets.

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?
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Re: Should we share our views on crypto market with others?
« Reply #200 on: July 30, 2024, 12:51:46 AM »
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.

I can definitely relate to your situation. Navigating the complexities of sharing investment opinions with friends can be tricky, especially when emotions and financial stakes are involved.

My Experience:

Sharing Investment Insights:

Positive and Negative Feedback: I've shared investment opinions before, and I've seen a range of outcomes. Some friends have benefited and appreciated the insights, while others have experienced losses and directed their frustration my way.
Responsibility and Risk: It’s tough when friends blame you for their investment decisions, especially when you’ve only shared your perspective. Investments come with risks, and outcomes are often unpredictable.
Handling Criticism and Praise:

Acknowledgment: It’s common for people to acknowledge advice only when it aligns with their expectations or when they’ve made a profit. When things don’t go as planned, the blame can sometimes fall on those who offered the initial insights.
Maintaining Boundaries: Setting clear boundaries about the nature of your advice can help. Emphasizing that you’re sharing personal opinions, not guarantees, might reduce the likelihood of blame.
Maintaining Relationships:

Focus on Relationships: It’s important to prioritize relationships over financial outcomes. Friends should value the connection and support you offer, not just the financial results.
Exercise Caution: Being cautious in investment conversations and focusing on your work can help avoid misunderstandings and preserve friendships

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?
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🐦 Twitter: @coinspotlight01
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Quora: Crypto Q&A
👾 Reddit: r/CoinSpotlightNews
💬 "Your go-to source for the latest in crypto!" 💬

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Re: Should we share our views on crypto market with others?
« Reply #201 on: July 30, 2024, 08:33:40 PM »
We should share crypto with those who already understand crypto, because those who don't understand crypto and try to invest in crypto when they experience losses will blame us. I never discuss crypto with people who don't understand crypto at all because for me it's just a waste of time, even though their friends will blame us.

Yes those who understand crypto will easily pick up the necessary points about which we are talking but if we are sharing crypto related information with those who don't have much information will think crypto is getting rich quickly but it is not a reality. Don't put yourself in trouble by sharing information with ignorant people because they will never understand that we are talking for their benefit and after a loss they will say bad things about us.

Yes if people are not wise then it is just a waste of time to share any information with them and this problem always happens with the people of old generations. Always think about yourself and don't share anything with others even relatives will also blame you for your kindness after their own mistakes.
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Re: Should we share our views on crypto market with others?
« Reply #201 on: July 30, 2024, 08:33:40 PM »


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Re: Should we share our views on crypto market with others?
« Reply #202 on: July 30, 2024, 10:35:29 PM »
yes in trading we have to make our own analysis and research because all the risks are in our hands, this is our money problem. Other people can give advice and input, and we can accept it, but it would be better if we do our own research and analysis in deciding. because we should not blame others for our failure.
You have said one special thing. I have read some times ago or listen what ever I got this like your money, your problem , your loss. So those all of yours personal matter and it depends on your how you will face them like if any person do trading without proper knowledge by depending on others signal then there was a high chance of him getting loss and manipulated by some bad peoples. So doing own research is then best option to gain profit in trading.

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Re: Should we share our views on crypto market with others?
« Reply #203 on: July 30, 2024, 11:26:41 PM »
yes in trading we have to make our own analysis and research because all the risks are in our hands, this is our money problem. Other people can give advice and input, and we can accept it, but it would be better if we do our own research and analysis in deciding. because we should not blame others for our failure.
You have said one special thing. I have read some times ago or listen what ever I got this like your money, your problem , your loss. So those all of yours personal matter and it depends on your how you will face them like if any person do trading without proper knowledge by depending on others signal then there was a high chance of him getting loss and manipulated by some bad peoples. So doing own research is then best option to gain profit in trading.
Trading is very complex and one don't need to depend on anyone for signal or to copy their trade because what works for them might not work for you. This is why learning and improving yourself on trading by practice and looking for the right strategy that will benefit you in the market is the best so that you can make profit from trading.

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Re: Should we share our views on crypto market with others?
« Reply #204 on: July 31, 2024, 08:40:39 PM »
Trading is very complex and one don't need to depend on anyone for signal or to copy their trade because what works for them might not work for you. This is why learning and improving yourself on trading by practice and looking for the right strategy that will benefit you in the market is the best so that you can make profit from trading.
In this case I will say for getting profit or earning something from a sector that can be trading or anything else but there need to hard work must be given. So in this regard I will say all kinds of works is in complex but we have to made that easy to us by giving our efforts. So in case of trading when a person will learn how to read the candles and analysis them trading will  be much easier for him. And these can't be completed if any trader depends on others for trading. Acquiring Knowleged about the trading is the first and main step for a beginners.

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Re: Should we share our views on crypto market with others?
« Reply #205 on: August 01, 2024, 02:46:25 PM »
yes in trading we have to make our own analysis and research because all the risks are in our hands, this is our money problem. Other people can give advice and input, and we can accept it, but it would be better if we do our own research and analysis in deciding. because we should not blame others for our failure.
You have said one special thing. I have read some times ago or listen what ever I got this like your money, your problem , your loss. So those all of yours personal matter and it depends on your how you will face them like if any person do trading without proper knowledge by depending on others signal then there was a high chance of him getting loss and manipulated by some bad peoples. So doing own research is then best option to gain profit in trading.
Trading is very complex and one don't need to depend on anyone for signal or to copy their trade because what works for them might not work for you. This is why learning and improving yourself on trading by practice and looking for the right strategy that will benefit you in the market is the best so that you can make profit from trading.
Not everyone can trade correctly and successfully, but don't be afraid to keep learning with a system at a small cost first, to be able to learn properly, so that you can get good learning from the results that are done, so that in time it can be improved.
I totally agree, don't just rely on other people's dependence, because it will make you not confident to dare to do it yourself, although it is not easy. Although it must be done from the beginning to get to know. Other people's opinions may be good for themselves, but not necessarily good for others who might follow them.

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Re: Should we share our views on crypto market with others?
« Reply #206 on: August 01, 2024, 09:30:29 PM »
Not everyone can trade correctly and successfully, but don't be afraid to keep learning with a system at a small cost first, to be able to learn properly, so that you can get good learning from the results that are done, so that in time it can be improved.
I totally agree, don't just rely on other people's dependence, because it will make you not confident to dare to do it yourself, although it is not easy. Although it must be done from the beginning to get to know. Other people's opinions may be good for themselves, but not necessarily good for others who might follow them.
I think he meant that trading complex when a newbie started their journey. If one starts trading without knowing about analysis in the initial stage, then he will definitely have face complex situation while doing trading, because if these things are not known, it is never possible to gain profit by trading. I don't find any difference between trading and gambling without analysis skills. The same goes for those who trade but depend on others. Most of the time I saw them eating.

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Re: Should we share our views on crypto market with others?
« Reply #207 on: August 02, 2024, 11:15:10 AM »
Not everyone can trade correctly and successfully, but don't be afraid to keep learning with a system at a small cost first, to be able to learn properly, so that you can get good learning from the results that are done, so that in time it can be improved.
I totally agree, don't just rely on other people's dependence, because it will make you not confident to dare to do it yourself, although it is not easy. Although it must be done from the beginning to get to know. Other people's opinions may be good for themselves, but not necessarily good for others who might follow them.
I think he meant that trading complex when a newbie started their journey. If one starts trading without knowing about analysis in the initial stage, then he will definitely have face complex situation while doing trading, because if these things are not known, it is never possible to gain profit by trading. I don't find any difference between trading and gambling without analysis skills. The same goes for those who trade but depend on others. Most of the time I saw them eating.
As I said above, indeed, as a beginner, if you can't analyze well, then many don't dare to trade, but actually trading can be done well if you want to learn. A good way to learn is to jump in directly, but it is recommended to start with trading at a small cost first to be able to find out where our ability is to be able to analyze well.
There is nothing wrong with being able to receive education from people who understand more about trading, but everything is returned to you to decide, so that there is the ability to act later.

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Re: Should we share our views on crypto market with others?
« Reply #208 on: August 02, 2024, 11:50:07 AM »
I agree with your opinion that they should do their own research and make their own predictions from the coins they choose. Because the risk is on each of us. That's the reason why I don't share about crypto with others, because they will likely blame us if we experience losses.
Sometimes it is good to give people basic advice, but risk factors should be mentioned before giving a suggestion. Then if he understands everything and invests and eats loss, then there is no need to blame anyone else.
And if he blames then he is stupid. Because of course, trading should not be done depending on others. If you want to trade, you must have the ability to do some basic analysis.

You see, sometimes, these newbies get interested into trading as a result of what they've seen. Maybe a friend of theirs is doing quite well from trading, and they want to be like him, so that would actually create a positive mindset in them that, cryptocurrency trading is profitable without any clue of how risky it can be . So if they decide to learn by theirselves  without making good research then they might end up making wrong decisions in trading, but if they get tutored by someone, then it's the job of the person to make a complete explanation on the risks and demerit in trading. After all the tutoring, if they still make those mistakes then they are to be blamed for their own actions.
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Re: Should we share our views on crypto market with others?
« Reply #209 on: August 02, 2024, 11:56:12 AM »
yes in trading we have to make our own analysis and research because all the risks are in our hands, this is our money problem. Other people can give advice and input, and we can accept it, but it would be better if we do our own research and analysis in deciding. because we should not blame others for our failure.
You have said one special thing. I have read some times ago or listen what ever I got this like your money, your problem , your loss. So those all of yours personal matter and it depends on your how you will face them like if any person do trading without proper knowledge by depending on others signal then there was a high chance of him getting loss and manipulated by some bad peoples. So doing own research is then best option to gain profit in trading.

I think everyone has their strategy here, but there are strategies like HODL that is well known and they are very effective indeed. Others might not share their strategy, but for sure we have our very own and it might not work for others though.

And probably that is the reason why others are not sharing. Or the mindset that we don't want to spoon feed newbies. There could be mentorship, but for the early adopters or at least those who have been in like 2017, we learn from out past mistakes and then we perfected our strategies to make profits in this market.
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