Who can really give a Financial advice?

[Azharul]

I thought of fear, as some of the reasons for this unwelcome habits, or  may be because some experienced persons thinks that their finances advice may fail. what do you think?

You don't want to get the blame if the taker of your advice loses because your advice since the market is very volatile with a lot of uncertainty, so we give that warning so that the reader should also do their own research and not rely on your advice but just do a comparison.
Even the experts give you that kind of disclaimer because they are not perfect; they may be consistent in their predictions, but they also make mistakes, so their own version of disclaimers.

Actually, if anyone wants to give some financial advice, I believe that it's doesn't be perfect for you. So I believe that if we follow any financial sector, and try to understand clearly, I think that it will be best decision for us. Because I think that we should trying to select proper sites for cryptocurrency world. We also know that cryptocurrency world is also one of the best profitable or financial section. Because we know that if we could understand in cryptocurrency trading system and if we hold in perfect crypto, then it will be very helpful for us. So we should be very careful in crypto currency market.

[LUCKMCFLY]

The best advisor of all is: Books, when we read trading books, traders, market speculators, such as the stock market, they have lived through Situations Similar to what we know today in the market, they sometimes wonder what happened to them, what they did and how they were able to win, that is widely applicable to the crypto market , however when we Emphasize the current situation of our world, there are many strange events, and that have never been seen before , then all these Fundamentals help unexpected things to happen in the Market.

[SmartGold01]

What happened is that the market is extremely volatile and people may tend to go above their expectation I mean above the level of their income to make investment or trading but when they follow they instruction and didn't result to how they are being told you would see that they will react negatively or act upon the person who gave that advice to them. But the reason why people abstain themselves from such advice is they are directly telling the person to use the amount they can afford to to risk or waste because the market is extremely volatile, I think that is a warning and already have given the advice you should follow on but it means that you should apply wisdom and common sense into what you want to venture beit trading or investment so that you wouldn't hold them responsible for your lose since the market is extremely volatile.

[Mr. Magkaisa]

Most often i hear people say, ''not a financial advice'' especially when listening or reading market discussions on the social networks or forums. You see, some individuals who wanted to get a better ideas on trading/investments opportunity, those needed select good crypto coins, and some may want to learn market trends and patterns etc, has always been discouraging with this short phrase, ''not a financial advice''. I have thought about this habits, and want to asked if we can really get a genuine financial advice on certain social networks or on the forums. I think this situation has reduced the sharing of some good market ideas even from some experienced individuals. I thought of fear, as some of the reasons for this unwelcome habits, or  may be because some experienced persons thinks that their finances advice may fail. what do you think?

         -      You know mate I get what you mean, I see a lot of youtubers or content creators who make content that when you watch the former they give their tips or advice then at the beginning of the video they put a disclaimer but the content they give financial advice.

Isn't there hypocrisy and deception they are showing, I'm not blaming them all but there are some who are like that, they feel in the eyes of their viewers that they are great financial advisors.

[Crypto_Accountants]

"Not a financial advice" is a phrase often used online to protect individuals from legal or financial liability. It’s common in discussions about trading or investing because people don’t want to be held responsible if their advice leads to losses. While this hesitation is understandable, it does create a challenge for those seeking genuine insights.

As Crypto Accountants, we believe in bridging this gap. Our team provides reliable, professional financial advice tailored to your crypto journey. Whether it’s selecting the right coins, understanding market trends, or managing taxes, we are here to help. Experienced guidance shouldn’t be limited by fear, trustworthy advice builds confidence and smarter decisions in the crypto space.

[Gurujebs]

Most often i hear people say, ''not a financial advice'' especially when listening or reading market discussions on the social networks or forums. You see, some individuals who wanted to get a better ideas on trading/investments opportunity, those needed select good crypto coins, and some may want to learn market trends and patterns etc, has always been discouraging with this short phrase, ''not a financial advice''. I have thought about this habits, and want to asked if we can really get a genuine financial advice on certain social networks or on the forums. I think this situation has reduced the sharing of some good market ideas even from some experienced individuals. I thought of fear, as some of the reasons for this unwelcome habits, or  may be because some experienced persons thinks that their finances advice may fail. what do you think?

Some people don't understand how tbe financial markets work especially when you are interacting with the newbies. Imagine you claim to be a financial expert who gives guide and teachings of the market and how to maximize profits and you do that with assurance, it will make people believe in everything you said and if it doesn't go as expected, you will be the one to be blame.

For that reason, people don't want to be responsible for your loss so you don't come back later and says you were convince and assured that you were going to make profits but in the end, you made loss, you can even get sue for that and I'm very sure there is a law that rule in favor of such statement, it's better not been a financial advisor even if you are too certain about it.

[Zed0X]

"Not a financial advice" is a phrase often used online to protect individuals from legal or financial liability. It’s common in discussions about trading or investing because people don’t want to be held responsible if their advice leads to losses. While this hesitation is understandable, it does create a challenge for those seeking genuine insights.

As Crypto Accountants, we believe in bridging this gap. Our team provides reliable, professional financial advice tailored to your crypto journey. Whether it’s selecting the right coins, understanding market trends, or managing taxes, we are here to help. Experienced guidance shouldn’t be limited by fear, trustworthy advice builds confidence and smarter decisions in the crypto space.

Now that you mention about legal and financial liability, are you one that is willing to? It's strange that you cannot even use your firm name or your real name when posting about helping people invest in the right coins. Does that mean you're also afraid of getting sued when you get it wrong?

[|MINER|]

The awkward situation is from a completely different point of view.
If you give financial advice, then you must be pretty successful, so how could someone who still talks in hundreds of $ and not thousands at list if not millions pretend he is a good trader and a top notch financial advisor?

It's just like with gambling, If I were to say I'm top class at it, why haven't I earned millions to date?

Actually, I think that if you have to take financial advice seriously, then don't just open a topic on such forums or other social media. Go to a financial advisor and choose him and then look at the folio and pay him for his advise.
Otherwise, I don't think that someone who earns millions by trading they has so much time to give financial advice  . And those of us who are giving various suggestions or saying that we are making a lot of profit, in fact, none of us know whether they have really earned it.

[Z-tight]

While this hesitation is understandable, it does create a challenge for those seeking genuine insights.

Those seeking genuine insights should know that nobody is going to tell them what to do, they simply have to listen to what people say, do their own research and come to a conclusion from all of that. If they are waiting for someone to tell them 'invest in X, i am sure you will become rich', they'll never find that, except the person wants to scam them.

[pieppiep]

The awkward situation is from a completely different point of view.
If you give financial advice, then you must be pretty successful, so how could someone who still talks in hundreds of $ and not thousands at list if not millions pretend he is a good trader and a top notch financial advisor?

It's just like with gambling, If I were to say I'm top class at it, why haven't I earned millions to date?

Actually, I think that if you have to take financial advice seriously, then don't just open a topic on such forums or other social media. Go to a financial advisor and choose him and then look at the folio and pay him for his advise.
Otherwise, I don't think that someone who earns millions by trading they has so much time to give financial advice  . And those of us who are giving various suggestions or saying that we are making a lot of profit, in fact, none of us know whether they have really earned it.

In general, financial advice needs care, especially if we want to guarantee that the actions we are taken will bring definite positive outcomes. It is perfectly reasonable to search for some kind of source of information which would be historically proven and more importantly credible. While delivering lectures, notes, or anything that can be taught, we cannot just rely on statements that sound fancy without we making sure that they are true. Benchmarking on the other hand can be defined as investing in experts who do have knowledge in their various fields as a more efficient way of gaining the right direction. This will help us to make decisions with relatively louder evidence. In that way, all activities embarked in an attempt to manage our finances yield realisable gains in the future.

[sagarmota10]

With help of this forum we can ask our doubts and get many reliable and genuine reply from our community which help us to clear our doubts and I think it's beauty of our altcoins talk.

For me I'm always share real life story which is happened with me or my friends for experience to our community so they cannot repeat that mistakes which is made by me or my friends.

[Cryptsafe]

OP, I will say it is normal to put a disclaimer when talking about finance with someone who is likely a novice and could make a terrible mistake in the crypto industry to avoid blame because everybody wants to protect themselves first so that if anything happens in the future as a result or outcome of such conversation financial conversation, you will not hold them responsible as you are liable for your actions and as such, they let you know initially so you do not blame them for any decision you have made after listening to them talk. This is just like the tobacco company selling their cigarette which we all know is business and it is hazardous to the health but they still sell it because people would buy it and you will be surprised that they still write on the pack of the cigarette that " smokers are liable to die young" which decision is left to you to decide if to continue smoking or to stop so that you do not hold them responsible of whatever outcome as a result of you smoking their product.

[Rruchi man]

I thought of fear, as some of the reasons for this unwelcome habits, or  may be because some experienced persons thinks that their finances advice may fail. what do you think?

It is a disclaimer so that you don't put the blame on them if things go sideways. Financial advice should mostly only be given by professionals because there are some factors that they will be able to consider that a layman won't.

Refrain from giving financial advice to people without a disclaimer so you will not be blamed for any mishap.

[Gurujebs]

With help of this forum we can ask our doubts and get many reliable and genuine reply from our community which help us to clear our doubts and I think it's beauty of our altcoins talk.

For me I'm always share real life story which is happened with me or my friends for experience to our community so they cannot repeat that mistakes which is made by me or my friends.

Even if you share to people how you lost huge amount of money, it doesn't still stop them from doing what's wrong in crypto. Your own mistake was buying the wrong coin that made you to lose money but it's possible their own mistake will be refusing to sell on time because of greed. There are plenty of ways one can run into loss in crypto investment, that's why you need to thread carefully when telling people to do this and that with coins.

Just tell them the risk involved in crypto, don't sugarcoat anything for them and don't make it looks like there is huge money in crypto, if they are interested after that then you can go ahead and give them good suggestions of coins and you should also make sure you don't buy meme for them, it doesn't end well with meme coins.

[|MINER|]

In general, financial advice needs care, especially if we want to guarantee that the actions we are taken will bring definite positive outcomes. It is perfectly reasonable to search for some kind of source of information which would be historically proven and more importantly credible. While delivering lectures, notes, or anything that can be taught, we cannot just rely on statements that sound fancy without we making sure that they are true. Benchmarking on the other hand can be defined as investing in experts who do have knowledge in their various fields as a more efficient way of gaining the right direction. This will help us to make decisions with relatively louder evidence. In that way, all activities embarked in an attempt to manage our finances yield realisable gains in the future.

In general, I have seen many such topics where users directly seek financial advice from such public forums or communities and where there are more than 100 people they are giving suggestions like 50 different suggestions. Now my question is whose suggestion will that person follow. And most of the 50 suggestions that have been given will be those who are posting only to increase activity. So I think that no serious financial advice should be taken from strangers except from professional financial advisors.