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Author Topic: Should we share our views on crypto market with others?  (Read 24891 times)

Offline KryptoBull

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Re: Should we share our views on crypto market with others?
« Reply #390 on: November 02, 2024, 09:11:23 AM »
That's what I often do, if we are not asked I will not tell the story because investing in crypto is very risky and if we provide information and input to them, while they do not have the knowledge and experience then join in investing and it turns out they experience losses, they will blame us.
Investing in crypto is very risky and not as beautiful as newbies imagine.
Newbies often jump into the market because of FOMO, thinking crypto investing is a piece of cake since BTC has been on a consistent uptrend for over a decade. They have a tendency to interpret any information we provide through rose-colored glasses, completely overlooking any risk warnings. At that point, they're willing to take on any risk and invest more than they can afford to lose.

If they're lucky and make a profit, they pat themselves on the back for being so smart and laugh at us for being too cautious and missing out. But if they end up losing money, they blame us for dragging them into this "scam" market. I've seen this happen countless times in 2018 and 2022, and I've even been blamed for making people lose money by simply sharing a BTC meme on Facebook @@

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Re: Should we share our views on crypto market with others?
« Reply #390 on: November 02, 2024, 09:11:23 AM »

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Offline satpol_PP

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Re: Should we share our views on crypto market with others?
« Reply #391 on: November 02, 2024, 01:48:24 PM »
That's what I often do, if we are not asked I will not tell the story because investing in crypto is very risky and if we provide information and input to them, while they do not have the knowledge and experience then join in investing and it turns out they experience losses, they will blame us.
Investing in crypto is very risky and not as beautiful as newbies imagine.
Newbies often jump into the market because of FOMO, thinking crypto investing is a piece of cake since BTC has been on a consistent uptrend for over a decade. They have a tendency to interpret any information we provide through rose-colored glasses, completely overlooking any risk warnings. At that point, they're willing to take on any risk and invest more than they can afford to lose.

If they're lucky and make a profit, they pat themselves on the back for being so smart and laugh at us for being too cautious and missing out. But if they end up losing money, they blame us for dragging them into this "scam" market. I've seen this happen countless times in 2018 and 2022, and I've even been blamed for making people lose money by simply sharing a BTC meme on Facebook @@
It will always happen, they will blame us when we lose and when we receive profit they will arrogantly say that they are smart and brave in making decisions. Whereas coins that FOMO will have a greater risk and this is not good for us if we buy during FOMO without doing analysis, because we can suffer losses.

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Re: Should we share our views on crypto market with others?
« Reply #391 on: November 02, 2024, 01:48:24 PM »

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Offline KryptoBull

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Re: Should we share our views on crypto market with others?
« Reply #392 on: November 04, 2024, 04:10:12 PM »
It will always happen, they will blame us when we lose and when we receive profit they will arrogantly say that they are smart and brave in making decisions. Whereas coins that FOMO will have a greater risk and this is not good for us if we buy during FOMO without doing analysis, because we can suffer losses.
This has happened in many past cycles and across various markets, including commodities, stocks, and real estate. Human psychology hasn't changed in centuries, and people often tend to blame others to justify their own mistakes.

I've also been unfairly blamed and tired of toxic relationships. I've decided to stay silent in real life when it comes to the crypto market and spend more time sharing and discussing on crypto forums with the necessary anonymity.

Offline Blaze

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Re: Should we share our views on crypto market with others?
« Reply #393 on: November 05, 2024, 10:23:56 AM »
It will always happen, they will blame us when we lose and when we receive profit they will arrogantly say that they are smart and brave in making decisions. Whereas coins that FOMO will have a greater risk and this is not good for us if we buy during FOMO without doing analysis, because we can suffer losses.
In this position we spend most of our time blaming our selves for poor investment decisions whenever the outcome is undesirable. In such circumstances, it is crystal clear that investing is not so much about achieving particular results but about the appropriate implementation of activities. Before making a decision it is advisable to avoid a situation that can lead to losses by first consider doing a research.

In knowing the risks that are linked to the asset choices that we make then we will be in a position to avoid being trapped into taking the wrong decisions. There needs to be the development of an empowered community who contributes with positive intent to the enhancement of sharing information. The best practice is to co-ordinate and share information and knowledge to build more efficient and thorough understanding needed for more efficient portfolio management.

Offline rizqillah

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Re: Should we share our views on crypto market with others?
« Reply #394 on: November 05, 2024, 08:36:55 PM »
It will always happen, they will blame us when we lose and when we receive profit they will arrogantly say that they are smart and brave in making decisions. Whereas coins that FOMO will have a greater risk and this is not good for us if we buy during FOMO without doing analysis, because we can suffer losses.
This has happened in many past cycles and across various markets, including commodities, stocks, and real estate. Human psychology hasn't changed in centuries, and people often tend to blame others to justify their own mistakes.

I've also been unfairly blamed and tired of toxic relationships. I've decided to stay silent in real life when it comes to the crypto market and spend more time sharing and discussing on crypto forums with the necessary anonymity.
That is the nature of humans who tend to blame others and they will always have that nature, in the majority.
I have also been blamed by others after being invited to a discussion and we shared. They made a decision and lost and ended up blaming us even though from the start we had said DWYOR. That's what makes me lazy to share and tend to be silent in discussions about crypto in the real world.

Offline yohananaomi

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Re: Should we share our views on crypto market with others?
« Reply #395 on: November 06, 2024, 05:26:17 AM »
I don't think its a bad idea for us to share what we know with other people interested to learn about crypto because they will also apply same on the areas of concern to them, there is this common thing which we should also learn to know about the crypto, we may need each others opinions and well as views concerning the interpretation to what the market is saying, in other for everyone to enjoy its benefits.
It's true, but with the note that if they ask us about crypto, if they don't ask I personally am reluctant to share information because people nowadays often have different opinions and always feel right, so it's better to keep quiet if they don't ask than to be embarrassed when our knowledge is not lower than the person we give the information to.
It's not easy to be able to share with anyone, especially those we don't know, because they don't necessarily want to and don't want to know, so we get confused ourselves.
I agree, indeed, currently many people are very sensitive in many ways, so that what was originally a good intention can end up being unsympathetic and causing other prejudices.
Moreover, it is also difficult to measure someone by the knowledge they may have compared to us, so we can share the wrong thing with those who know more.

Offline TomPluz

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Re: Should we share our views on crypto market with others?
« Reply #396 on: November 06, 2024, 05:57:29 AM »

It's not easy to be able to share with anyone, especially those we don't know, because they don't necessarily want to and don't want to know, so we get confused ourselves. I agree, indeed, currently many people are very sensitive in many ways, so that what was originally a good intention can end up being unsympathetic and causing other prejudices.


The thing is that cryptocurrency will continue to grow a lot even without us sharing to anyone about it and making them also investors and holders. We are already in the information age and anyone interested with anything can just ask Google or even ChatGPT for that matter. As long as one has access to internet, it would be safe to assume that one has already encountered cryptocurrency since there are already many platforms advertising their business and services enough to pique anyone's interest. In fact, I would say that in protecting our privacy, we should not be telling anyone that we are involved with cryptocurrency at all...who knows you can be talking to a hacker or a robber and you can be a victim of these evil people too.







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Re: Should we share our views on crypto market with others?
« Reply #396 on: November 06, 2024, 05:57:29 AM »


Offline KryptoBull

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Re: Should we share our views on crypto market with others?
« Reply #397 on: November 07, 2024, 03:44:16 AM »
The thing is that cryptocurrency will continue to grow a lot even without us sharing to anyone about it and making them also investors and holders. We are already in the information age and anyone interested with anything can just ask Google or even ChatGPT for that matter. As long as one has access to internet, it would be safe to assume that one has already encountered cryptocurrency since there are already many platforms advertising their business and services enough to pique anyone's interest. In fact, I would say that in protecting our privacy, we should not be telling anyone that we are involved with cryptocurrency at all...who knows you can be talking to a hacker or a robber and you can be a victim of these evil people too.
Thanks for the reminder. Protecting personal information and the safety of our families is crucial, and it’s a good reminder to be more cautious about sharing our views. I don’t want to share my crypto opinions on the bus and become a target for scammers or kidnappers!

Anonymity protects us from risks and allows us to focus more on the market. It also enables us to share our personal views more frequently, providing investors with specific, detailed, and clear information to use in their personal investment strategies in this market.

 

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