Should we share our views on crypto market with others?

[luckyledger]

Everyone has their own strategy in investing, but for newcomers it is better to choose to hold for the long term, because it is safer and less risky. I also have a strategy to get profit other than trading and holding, we have to learn other strategies even though we don't have to share them with others.

While doing this, they should also learn to understand what they are buying. Last season of the bear market, I was hoping to buy some altcoins but due to some uncertainty I couldn't buy them but I added to my white listed place and I'm surprised that these coins never perform well like the way other coins did. Some even recovered a bit but when Bitcoin make a U turn, they bleed more than some altcoins and these are project that were making different promises last bull run. The teams are still actively doing some background work but nothing serious about the price, this is why DYOR is very important.

It's analysis, risk management, and diversification of the efforts that bring the results, even with newbies implementing these skills (however, the risks are still there). We should strive to know more and use the knowledge gained to our advantage.

[UNIVERSE]

Whatever strategies we have, the basic strategies are still effective. So, if we feel that we don't know much to do or we are without strategies, simple buy and Hodl could solve the problem. Buying with the DCA could be a breakthrough... Who knows

What basic strategy do you refer to? You mean 'buy at the dip and sell at high'? This is always the basic strategy but it is never easy to do. Holding the coins until they increase at high price are sometimes very difficult due to the change of market condition. Moreover when we have a financial problem, we may have no choice but to sell the coins.

DCA is good, but it can't be done if we rarely have capital. I think any strategy can be good, but it purely depends on how we understand it and apply it in a proper market condition. That's why we need to do a research and keep learning on the effectiveness of each strategy of investing and trading crypto coins.

[nakamura12]

If you want to share it with others then you should go ahead and share it with them but if you don't then it's up to you. People can try to use dca method but it doesn't have to be most of the time instead you should only spend your money if you have the capital. I'd say you should only buy more crypto when you have the money and won't buy if you don't have money to spare.

[bayu7adi]

If you want to share it with others then you should go ahead and share it with them but if you don't then it's up to you. People can try to use dca method but it doesn't have to be most of the time instead you should only spend your money if you have the capital. I'd say you should only buy more crypto when you have the money and won't buy if you don't have money to spare.

OP only gives his views to his friends, but his friends cannot accept the risks he is taking... friends who do not have a sense of responsibility for the decisions they make, should not be given any more information about the decisions we make... before making a decision, everyone is expected to understand exactly what to do and what to bear... don't let something we don't really need disturb our emotions...

It's better not to share views with friends who have an unrealistic mindset.

[yohananaomi]

If you want to share it with others then you should go ahead and share it with them but if you don't then it's up to you. People can try to use dca method but it doesn't have to be most of the time instead you should only spend your money if you have the capital. I'd say you should only buy more crypto when you have the money and won't buy if you don't have money to spare.

OP only gives his views to his friends, but his friends cannot accept the risks he is taking... friends who do not have a sense of responsibility for the decisions they make, should not be given any more information about the decisions we make... before making a decision, everyone is expected to understand exactly what to do and what to bear... don't let something we don't really need disturb our emotions...

It's better not to share views with friends who have an unrealistic mindset.

Of course, what you said is very appropriate to do as well as possible, and sharing views with friends who have an unrealistic mindset is certainly not recommended because it will add to our thoughts, which may become our own burden.
All decisions should be a personal responsibility and cannot be linked to others, because those who provide views certainly hope that what is given is also analyzed well so that it does not have an impact on themselves or even on those who provide their views.

[KingsDen]

Whatever strategies we have, the basic strategies are still effective. So, if we feel that we don't know much to do or we are without strategies, simple buy and Hodl could solve the problem. Buying with the DCA could be a breakthrough... Who knows

What basic strategy do you refer to? You mean 'buy at the dip and sell at high'? This is always the basic strategy but it is never easy to do. Holding the coins until they increase at high price are sometimes very difficult due to the change of market condition. Moreover when we have a financial problem, we may have no choice but to sell the coins.

DCA is good, but it can't be done if we rarely have capital. I think any strategy can be good, but it purely depends on how we understand it and apply it in a proper market condition. That's why we need to do a research and keep learning on the effectiveness of each strategy of investing and trading crypto coins.

Definitely true, every strategy has their advantages and weaknesses. There is no ideal strategy, so it depends on us to understand what really works for everyone of us. What works for Mr Bob might not work for Miss Alice. Factors ranging from technical understanding of the market to financial buoyancy determines the success of everyone in the market. Even the ones we see as the most basics are not actually easy to practice without patience and understanding.
I feel the best way to go is to give a "Yes" to OP's question.

[ariaryanto]

Everyone has their own strategy in investing, but for newcomers it is better to choose to hold for the long term, because it is safer and less risky. I also have a strategy to get profit other than trading and holding, we have to learn other strategies even though we don't have to share them with others.

While doing this, they should also learn to understand what they are buying. Last season of the bear market, I was hoping to buy some altcoins but due to some uncertainty I couldn't buy them but I added to my white listed place and I'm surprised that these coins never perform well like the way other coins did. Some even recovered a bit but when Bitcoin make a U turn, they bleed more than some altcoins and these are project that were making different promises last bull run. The teams are still actively doing some background work but nothing serious about the price, this is why DYOR is very important.

It's analysis, risk management, and diversification of the efforts that bring the results, even with newbies implementing these skills (however, the risks are still there). We should strive to know more and use the knowledge gained to our advantage.

I agree with what you say, every individual must have a plan or strategy for trading because in crypto trading you must have sufficient knowledge about crypto market movements so that when trading we don't fall into the wrong coin and don't suffer losses.

[ariaryanto]

If you want to share it with others then you should go ahead and share it with them but if you don't then it's up to you. People can try to use dca method but it doesn't have to be most of the time instead you should only spend your money if you have the capital. I'd say you should only buy more crypto when you have the money and won't buy if you don't have money to spare.

sharing information to friends is very good so that new people in this forum are not confused to do all that. in trading we must have capital and buy coins, but do not carelessly buy coins because if we buy carelessly you are afraid that you will get a loss, now many new projects are emerging so they run away with investors' money.

[Jamal Aezaz]

sharing information to friends is very good so that new people in this forum are not confused to do all that. in trading we must have capital and buy coins, but do not carelessly buy coins because if we buy carelessly you are afraid that you will get a loss, now many new projects are emerging so they run away with investors' money.

When you are going to share something related to Bitcoin with your friends then make sure that he will not blame you after finding situations that are against him. Every friend will listen to your words because it is a matter of money but if he loses little amount then you should be ready for the attack of his words as nobody wants to accept his fault.

Every coin cannot make you profitable but there are certain specific coins that give you a chance to win so if you are sharing details with friends then teach him each and everything and also advise him to continue his learning as knowledge never gets completed.

[Mr. Magkaisa]

Whatever strategies we have, the basic strategies are still effective. So, if we feel that we don't know much to do or we are without strategies, simple buy and Hodl could solve the problem. Buying with the DCA could be a breakthrough... Who knows

What basic strategy do you refer to? You mean 'buy at the dip and sell at high'? This is always the basic strategy but it is never easy to do. Holding the coins until they increase at high price are sometimes very difficult due to the change of market condition. Moreover when we have a financial problem, we may have no choice but to sell the coins.

DCA is good, but it can't be done if we rarely have capital. I think any strategy can be good, but it purely depends on how we understand it and apply it in a proper market condition. That's why we need to do a research and keep learning on the effectiveness of each strategy of investing and trading crypto coins.

        -     When we give views or opinions to other people, I think it is Kalayaa.n, and that is our choice. There are others who give an opinion to see if anyone will support his or her opinion. There are others who will listen to others' opinions when they know their opinion will add to their knowledge.

In short, there are opinions that are right and wrong; now it is up to us whether they are right or wrong according to our understanding, because we are superficial and deep; we know where we are.

[UNIVERSE]

Definitely true, every strategy has their advantages and weaknesses. There is no ideal strategy, so it depends on us to understand what really works for everyone of us. What works for Mr Bob might not work for Miss Alice. Factors ranging from technical understanding of the market to financial buoyancy determines the success of everyone in the market. Even the ones we see as the most basics are not actually easy to practice without patience and understanding.

I can agree with you. There is no perfect strategy, there should be advantages and weaknesses. That's why we must know varied strategy both in trading and investing. This way will enable us to adjust the strategy in any situation of market. If we only have a single strategy, we may be confused if there is a chance in the market condition. Anyway, it is true that it won't be easy to practice it if we have no good understanding.

[Blaze]

I can agree with you. There is no perfect strategy, there should be advantages and weaknesses. That's why we must know varied strategy both in trading and investing. This way will enable us to adjust the strategy in any situation of market. If we only have a single strategy, we may be confused if there is a chance in the market condition. Anyway, it is true that it won't be easy to practice it if we have no good understanding.

Yes, there are many specific strategies that can be used when trading Bitcoin. Each strategy has its own advantages and disadvantages, and is suitable for different risk profiles and investment goals.

It is important to remember, No strategy works all the time because the crypto market is very volatile, and even the best strategies can experience losses.

[rizqillah]

I can agree with you. There is no perfect strategy, there should be advantages and weaknesses. That's why we must know varied strategy both in trading and investing. This way will enable us to adjust the strategy in any situation of market. If we only have a single strategy, we may be confused if there is a chance in the market condition. Anyway, it is true that it won't be easy to practice it if we have no good understanding.

Yes, there are many specific strategies that can be used when trading Bitcoin. Each strategy has its own advantages and disadvantages, and is suitable for different risk profiles and investment goals.

It is important to remember, No strategy works all the time because the crypto market is very volatile, and even the best strategies can experience losses.

Nothing is perfect in this life, because crypto is very volatile, our strategies sometimes change to follow market conditions.  Sometimes we have the right strategy, but sometimes we will experience failure with the same strategy.  So we must have the correct analysis according to market conditions at that time.

[robelneo]

Nothing is perfect in this life, because crypto is very volatile, our strategies sometimes change to follow market conditions.  Sometimes we have the right strategy, but sometimes we will experience failure with the same strategy.  So we must have the correct analysis according to market conditions at that time.

Its important to be flexible, what works before may not work today, the landscapes is always changing, honestly, I'm still at loss that we are going to come to a meme era, when Doge was in the brink of vanishment, So if there's a new trend on blockchain or another project that will benefit the community, we have to look at its potential and of course we have to check the views of the community regarding market condition so we can give the best analysis

[JoyMarsha]

I think it is okay to share but let it not be an avenue to convince someone to invest in Bitcoin with you. Convincing someone to invest in Bitcoin with you actually means that you will held responsible for anything that pops out(wrong) with their Bitcoin investment.

The mistake that most investors make is to introduce their friends to Bitcoin investment by first telling them how profitable it is, without breaking it down to them on how risky it can be for one to invest in it with the hope of becoming a millionaire within a short term, forgetting to invest with their spare money, not emergency money