Should we share our views on crypto market with others?

[pieppiep]

take advantage of the volatility of bitcoin, we will get profit if we can do it right and know when to enter and exit. I also do that, I take advantage of it. although sometimes we also experience losses because of late entry and suddenly the price drops, but that's investment, sometimes we also experience losses.

The loss in BTC is only the price, not the quantity owned. If we are patient, I think there will be no loss. However, sometimes the owner uses emergency funds for investment, so when the funds are needed, they actually sell their assets to meet the emergency needs.

That will definitely happen like that, but I actually agree with your opinion to be patient in determining the right time and the funds used. Indeed, if you use emergency funds for investment, it is certain that when it is suddenly needed, you will be forced to sell your assets where, of course, the price can no longer be controlled and, according to the situation at that time when it is needed, it is clear that the results are not good.

That's why many members here suggest using funds that are not needed in the near future, or funds that are truly free because the crypto market is very volatile. If we use funds that are not free while we suddenly need them, what will we do if the market dumps? will we sell it at a loss.

Yes, The condition of money that is not going to be used in the immediate future will means that trading will be safer than having to use money that is going to be used to purchase basic needs. It is even unadvisable to use money from loans. In Cryptocurrency there are several opportunities to make money, which can be put into developing the existing assets we have. Thus it would be wiser to wait until the profit can be made than wait until it becomes necessary to sell them in order not to make losses.

[KryptoBull]

Yes, The condition of money that is not going to be used in the immediate future will means that trading will be safer than having to use money that is going to be used to purchase basic needs. It is even unadvisable to use money from loans. In Cryptocurrency there are several opportunities to make money, which can be put into developing the existing assets we have. Thus it would be wiser to wait until the profit can be made than wait until it becomes necessary to sell them in order not to make losses.

Perhaps advice related to capital management is more freely shared in the market: we should not borrow money to invest in crypto because the crypto market itself has large fluctuations, beyond the risk management capabilities related to loans. Investing is already stressful, if we add the worry about loans, we may not be clear-headed enough to make wise decisions.

The best way is to only allocate a small amount of our reserves to the crypto market and be prepared to lose that amount in the worst-case scenario. However, most new investors will prefer to go all-in like gambling in this market, and sometimes they will blame us for preventing them from making a bigger profit in the market.

[yohananaomi]

Yes, The condition of money that is not going to be used in the immediate future will means that trading will be safer than having to use money that is going to be used to purchase basic needs. It is even unadvisable to use money from loans. In Cryptocurrency there are several opportunities to make money, which can be put into developing the existing assets we have. Thus it would be wiser to wait until the profit can be made than wait until it becomes necessary to sell them in order not to make losses.

Perhaps advice related to capital management is more freely shared in the market: we should not borrow money to invest in crypto because the crypto market itself has large fluctuations, beyond the risk management capabilities related to loans. Investing is already stressful, if we add the worry about loans, we may not be clear-headed enough to make wise decisions.

The best way is to only allocate a small amount of our reserves to the crypto market and be prepared to lose that amount in the worst-case scenario. However, most new investors will prefer to go all-in like gambling in this market, and sometimes they will blame us for preventing them from making a bigger profit in the market.

There are still many dilemmas about loans to be used as crypto investments that have indeed continued to grow until now. Actually, as long as the loans made can be paid properly and do not interfere with daily activities, of course, it is feasible to do, but with very good analysis to avoid maximum losses, Because even large companies want to expand, of course they need funds from banks to borrow, and they are able to pay them
It is indeed the best thing if you can use unused funds for investment, and it will be more accurate and there is no fear of losses.
It all comes back to yourself knowing about the finances you have and what you can do.

[rizqillah]

Yes, The condition of money that is not going to be used in the immediate future will means that trading will be safer than having to use money that is going to be used to purchase basic needs. It is even unadvisable to use money from loans. In Cryptocurrency there are several opportunities to make money, which can be put into developing the existing assets we have. Thus it would be wiser to wait until the profit can be made than wait until it becomes necessary to sell them in order not to make losses.

Perhaps advice related to capital management is more freely shared in the market: we should not borrow money to invest in crypto because the crypto market itself has large fluctuations, beyond the risk management capabilities related to loans. Investing is already stressful, if we add the worry about loans, we may not be clear-headed enough to make wise decisions.

The best way is to only allocate a small amount of our reserves to the crypto market and be prepared to lose that amount in the worst-case scenario. However, most new investors will prefer to go all-in like gambling in this market, and sometimes they will blame us for preventing them from making a bigger profit in the market.

I also think like you, if we use borrowed money to invest in crypto, can we think clearly in making decisions, because the risk of investing in crypto is already big, not to mention having to think about loans, I don't think I agree with this method.

[KryptoBull]

I also think like you, if we use borrowed money to invest in crypto, can we think clearly in making decisions, because the risk of investing in crypto is already big, not to mention having to think about loans, I don't think I agree with this method.

We all understand this, but sometimes some KOLs are willing to advise investors to borrow money to invest in crypto in order to quickly change their financial status. They just want their referrals to trade a lot and they will earn a reward from the transaction fees from CEXs.

If given the choice, I would choose to prevent people from acting hastily in the crypto market, even though that might be considered a kind of financial advice. In the worst-case scenario, they will only miss out on the opportunity to become rich but will not lose money to this market, and we all know that as long as there is money, there is opportunity.

[Asiska02]

• Have you ever shared investment advice or opinions with others?

Yes I have shared with many people.

• How did those investments turn out for them?

Those that were willing to take the advice did and those that didn’t also won’t have anything to blame me on when the former is already profiting from it. When telling people about an investment such as crypto investment, you should emphasize on them knowing the disadvantage of investing in them and what may result as a result of market conditions that cannot be avoided, with that, they will not blame you for investing and also for not investing depending on what they agreed to do.

• Did you receive praise or criticism for your insights?

I don’t really care about the praises but when I’m been criticised after trying to pitch a good idea to them, I’ll be unhappy but still not distance myself from them because they may possibly realise it and will want to seek for more advise which I’ll gladly tell them again what they need to know about the market.

[yohananaomi]

Yes, The condition of money that is not going to be used in the immediate future will means that trading will be safer than having to use money that is going to be used to purchase basic needs. It is even unadvisable to use money from loans. In Cryptocurrency there are several opportunities to make money, which can be put into developing the existing assets we have. Thus it would be wiser to wait until the profit can be made than wait until it becomes necessary to sell them in order not to make losses.

Perhaps advice related to capital management is more freely shared in the market: we should not borrow money to invest in crypto because the crypto market itself has large fluctuations, beyond the risk management capabilities related to loans. Investing is already stressful, if we add the worry about loans, we may not be clear-headed enough to make wise decisions.

The best way is to only allocate a small amount of our reserves to the crypto market and be prepared to lose that amount in the worst-case scenario. However, most new investors will prefer to go all-in like gambling in this market, and sometimes they will blame us for preventing them from making a bigger profit in the market.

I also think like you, if we use borrowed money to invest in crypto, can we think clearly in making decisions, because the risk of investing in crypto is already big, not to mention having to think about loans, I don't think I agree with this method.

Everything is returned to yourself because the ability to pay off the loan or not is all returned to you, and it is impossible for other people to interfere in it.
If you feel that loans for investing in crypto are not good and are afraid of not being able to think clearly about how to return it, of course don't do it, and it is very unethical if you don't have the ability to pay but force yourself to borrow.
Not only crypto, all investments are certain to have risks and the risk depends on how much we borrow and can return it.

[pieppiep]

Everything is returned to yourself because the ability to pay off the loan or not is all returned to you, and it is impossible for other people to interfere in it.
If you feel that loans for investing in crypto are not good and are afraid of not being able to think clearly about how to return it, of course don't do it, and it is very unethical if you don't have the ability to pay but force yourself to borrow.
Not only crypto, all investments are certain to have risks and the risk depends on how much we borrow and can return it.

Yes, especially when it comes to riskier investments, like crypto, the loan should only be taken if we are willing and able to handle the risk and pay it back. If you are sure that borrowing will only put more pressure on you and cause you to lose the much-needed focus, then it is advisable that you avoid or search for other options instead of borrowing. Always be rational when making an evaluation of your financial capacity, as89 risk in investment is not just about the market but also about your responsibility towards your commitments.

[luckyledger]

Everything is returned to yourself because the ability to pay off the loan or not is all returned to you, and it is impossible for other people to interfere in it.
If you feel that loans for investing in crypto are not good and are afraid of not being able to think clearly about how to return it, of course don't do it, and it is very unethical if you don't have the ability to pay but force yourself to borrow.
Not only crypto, all investments are certain to have risks and the risk depends on how much we borrow and can return it.

Yes, especially when it comes to riskier investments, like crypto, the loan should only be taken if we are willing and able to handle the risk and pay it back. If you are sure that borrowing will only put more pressure on you and cause you to lose the much-needed focus, then it is advisable that you avoid or search for other options instead of borrowing. Always be rational when making an evaluation of your financial capacity, as89 risk in investment is not just about the market but also about your responsibility towards your commitments.

I agree with you. One should have a stable source of income and confidence in his judgment that he will be able to repay the loan no matter the cost.
It shouldn't be a gamble between "I will probably be able to do it" or "I won't be able to do it at all if X happens".

[KryptoBull]

Everything is returned to yourself because the ability to pay off the loan or not is all returned to you, and it is impossible for other people to interfere in it.

If you feel that loans for investing in crypto are not good and are afraid of not being able to think clearly about how to return it, of course don't do it, and it is very unethical if you don't have the ability to pay but force yourself to borrow.

Not only crypto, all investments are certain to have risks and the risk depends on how much we borrow and can return it.

Everyone has the right to make their own investment decisions, but they should take responsibility for the final outcome. It's quite funny how many investors claim all wins and blame the market for their failures.

Leverage is a double-edged sword. I'm ready to advise against using leverage when participating in the crypto market. Futures are also a form of leverage, but at least investors can use stop-loss orders to protect their capital in case of wrong decisions.

[doc]

Everything is returned to yourself because the ability to pay off the loan or not is all returned to you, and it is impossible for other people to interfere in it.
If you feel that loans for investing in crypto are not good and are afraid of not being able to think clearly about how to return it, of course don't do it, and it is very unethical if you don't have the ability to pay but force yourself to borrow.
Not only crypto, all investments are certain to have risks and the risk depends on how much we borrow and can return it.

but it is better if we do not have the ability to repay the loan or do not have reserve funds, do not borrow to invest in crypto because the crypto market is very volatile and unpredictable. many members here suggest not to use money from loans for investment, because we will panic if suddenly the price drops and it is due to pay the loan because we have to sell at a loss from the coins we have.

[erus]

I'd be curious to hear your thoughts on this situation:

• Have you ever shared investment advice or opinions with others?
• How did those investments turn out for them?
• Did you receive praise or criticism for your insights?

Well, I have shared my crypto thoughts, knowledge, and ideas with so many people, and some of them have invested and made little profit before they sold off.
~snip~

I am the opposite because I receive information about crypto from those who know it first, maybe this is a true fact that those who have a lot of knowledge in crypto will definitely share their experiences, while I who do not know much about crypto will definitely receive knowledge from them. Maybe if you continue to interact with you in this forum, your experience in crypto will also increase and expand.

[sagarmota10]

Yes we have to share our views with our community bcz it's clear our doubts and points to scenario about the market.
No one is perfect so have to do healthy discussion with community for better and perfection In market.

[Dr.Bitcoin_Strange]

I am the opposite because I receive information about crypto from those who know it first, maybe this is a true fact that those who have a lot of knowledge in crypto will definitely share their experiences, while I who do not know much about crypto will definitely receive knowledge from them. Maybe if you continue to interact with you in this forum, your experience in crypto will also increase and expand.

Doesn’t matter which end you are, whether you’re in the giving end or the receiving end, what really matters more is making full utilization of the available knowledge, for those on the giving end, it’s important to dish out more knowledge and information to as much people as you can, so as to offer more guidance to them, and for you to also enlarge your knowledge, because the more knowledge you dish out to others who needs it, the more knowledge to acquire because those which you already know would stick more to your head and you’ll also stay more updated so as not to give out outdated or misleading information to others. And to those at the receiving end, it’s crucial to utilize the knowledge you receive from others so as to learn from the experience and possibly mistakes of others to avoid making those same mistakes too.

[Legion]

I am the opposite because I receive information about crypto from those who know it first, maybe this is a true fact that those who have a lot of knowledge in crypto will definitely share their experiences, while I who do not know much about crypto will definitely receive knowledge from them. Maybe if you continue to interact with you in this forum, your experience in crypto will also increase and expand.

Doesn’t matter which end you are, whether you’re in the giving end or the receiving end, what really matters more is making full utilization of the available knowledge, for those on the giving end, it’s important to dish out more knowledge and information to as much people as you can, so as to offer more guidance to them, and for you to also enlarge your knowledge, because the more knowledge you dish out to others who needs it, the more knowledge to acquire because those which you already know would stick more to your head and you’ll also stay more updated so as not to give out outdated or misleading information to others. And to those at the receiving end, it’s crucial to utilize the knowledge you receive from others so as to learn from the experience and possibly mistakes of others to avoid making those same mistakes too.

Yes, which ever of the roles one has to play the main thing is to try to make the best out of the knowledge. For those who is willing to share information, in guiding others not only you are benefiting them, but also significantly enhancing your own understanding and ensure that you are always update with new knowledge. The more participants and learners interact and contribute in the different forums, the better their knowledge level will be. On the other hand, for the recipient, it is equally important to listen and actually take in all the information that one is being told or taught and in particular the avoiding of mistakes that have been made by other people. They are a happy cycle and when one is strong that strength is transferred to the other party involved.