Who can really give a Financial advice?

[MUGNIA]

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.

I agree, if books are good advisors, where we can learn and continue to learn if we make mistakes, and it should be noted that 1 financial book, trading or the like has gone through research on a particular object to have a conclusion, and if we want to trade I think if we experience a loss or win it is a process of what we have learned from advisors (books)

[rizqillah]

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.

I agree, if books are good advisors, where we can learn and continue to learn if we make mistakes, and it should be noted that 1 financial book, trading or the like has gone through research on a particular object to have a conclusion, and if we want to trade I think if we experience a loss or win it is a process of what we have learned from advisors (books)

honestly i learn trading not from books but from youtube and many articles that discuss trading.
we can become great traders by joining many tele groups and also forums because we can gain knowledge and experience by interacting there.

[enwi]

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.

I agree, if books are good advisors, where we can learn and continue to learn if we make mistakes, and it should be noted that 1 financial book, trading or the like has gone through research on a particular object to have a conclusion, and if we want to trade I think if we experience a loss or win it is a process of what we have learned from advisors (books)

honestly i learn trading not from books but from youtube and many articles that discuss trading.
we can become great traders by joining many tele groups and also forums because we can gain knowledge and experience by interacting there.

Yes, Trading can be learned in several ways and using YouTube with articles reading as steps is very important because the materials are easily accessible and most of them practically. Besides, it allows joining a discussion group or forum where one has a possibility to discuss directly with those who have different experience. This helps us to see the market from a wider view because of the variety of inputs we get from it. Even interaction in such an environment can be beneficial for us when it comes to choosing between options that we would otherwise avoid or picking the right strategy because of other people’s experience. In this way, people can amplify the competency in trading processes and feel more confident when coming to the decision making.

[LUCKMCFLY]

In this way, people can amplify the competency in trading processes and feel more confident when coming to the decision making.

For i it is always good to do things with trading when they are discussed in a thread, to know how people make their decisions and to know why, sometimes that is all we need to learn much more, videos, some times in academies help, but it all comes down to things having to happen, some people make trading decisions that sometimes seem a bit Illogical to us but that win, and these are things that sometimes we should try to understand. The complexity of trading is sometimes in the simplest things to operate and try to understand them.

[bhadz]

We can get genuine financial advice from any random person in a forum. If someone is saying that it's because they don't want to be part of the blaming if ever the follower of that advise didn't do well with their lives. And that's why for someone to tell some good financial advice, they just putting that disclaimer to avoid any blaming consequences but if you think those advises that have been told are good, give credit to whom it is due.

[rizqillah]

We can get genuine financial advice from any random person in a forum. If someone is saying that it's because they don't want to be part of the blaming if ever the follower of that advise didn't do well with their lives. And that's why for someone to tell some good financial advice, they just putting that disclaimer to avoid any blaming consequences but if you think those advises that have been told are good, give credit to whom it is due.

Radsa, thank you to others who have given us advice, we must do it. because they have given good advice and helped us in life with their wise advice.
If other people's advice does not suit us, it is better to keep quiet, because it is a good trait to respect everyone.

[Crypto Library]

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?

This is the only reason why, when talking about financial advice, we put a light tag at the end that says "it is not a financial advice".
Basically, no one wants to take the risk that someone will lose money with their advice and file a lawsuit against them. Because most of the time we like to talk about profit and we also like to hear it more and that's why they talk about it more and later they get more with just one word. Now my point is that everyone can give financial advice but it depends on us whether we will take advice from a fake advisor or a genuine advisor.

[LUCKMCFLY]

Yes, Trading can be learned in several ways and using YouTube with articles reading as steps is very important because the materials are easily accessible and most of them practically. Besides, it allows joining a discussion group or forum where one has a possibility to discuss directly with those who have different experience. This helps us to see the market from a wider view because of the variety of inputs we get from it. Even interaction in such an environment can be beneficial for us when it comes to choosing between options that we would otherwise avoid or picking the right strategy because of other people’s experience. In this way, people can amplify the competency in trading processes and feel more confident when coming to the decision making.

If there is no doubt that currently many prefer to watch videos and not read books, that is the current trend, in fact there are pages where they make audio books and people find it much better, but the fact of reading books gives much more insight and that guarantees more what we call a learning with bases and with arguments that no one can knock down, in the videos we learn according to the Youtuber and what the Youtuber knows, not what the book says, they are very different learnings, that is why I always defend the idea of ​​reading books.

[KryptoBull]

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?

Not a financial advice is a common legal disclaimer used by investors or KOLs. They need to make this statement when sharing their views on the internet to avoid being blamed by investors. No one can predict the future of the market, everything is just a personal opinion, and even experts can make mistakes frequently.

Professional financial experts who work with extremely tight risk management methods are the ones who dare to give financial advice to their clients. They analyze everything clearly and give specific advice with suitable capital, take profit, and stop loss. They don't cause their clients to lose their accounts quickly. At the same time, clients have agreed to the terms when starting the contract, they understand that the market always has both opportunities and risks.

[target]

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?

Not a financial advice is a common legal disclaimer used by investors or KOLs. They need to make this statement when sharing their views on the internet to avoid being blamed by investors. No one can predict the future of the market, everything is just a personal opinion, and even experts can make mistakes frequently.

Professional financial experts who work with extremely tight risk management methods are the ones who dare to give financial advice to their clients. They analyze everything clearly and give specific advice with suitable capital, take profit, and stop loss. They don't cause their clients to lose their accounts quickly. At the same time, clients have agreed to the terms when starting the contract, they understand that the market always has both opportunities and risks.

They'd have to have a disclaimer in forums because there are more trolls in forums than on YouTube comments where they could ruin the reputation of the account who discusses about this financial advice.

These trolls are looking for ways to just find an argument until it put the uploader to a disadvantage. Sometimes they gonna make them sleepless. So adding "NOT A FINANCIAL ADVICE" will already make these trolls stop.

[JISAN]

No one will give you the finalsial one because someone knows the future. Especially in crypto no one will give you any kind of financial advice because crypto is highly volatile and here everyone can only analyze by looking at graphs and no one can guarantee anything. But you can get idea from their opinion. Financial advice is when someone guarantees you a profit. Like bank interest. Teaching is never financial advice.

[Gurujebs]

No one will give you the finalsial one because someone knows the future. Especially in crypto no one will give you any kind of financial advice because crypto is highly volatile and here everyone can only analyze by looking at graphs and no one can guarantee anything. But you can get idea from their opinion. Financial advice is when someone guarantees you a profit. Like bank interest. Teaching is never financial advice.

If you are not a registered financial expert, it's consider illegal to give a financial advise because you can be term as someone trying to manipulate people into doing things that will only favour you and most financial advisers don't just give advice to influence, they do their research and due diligence before they tell you do do something and ofcourse it's nothing guaranteed.

Most of the time when reading or watching someone giving details about a coin, either before the video or towards the end of the video, they do make it clear that they are not financial adviser and they are clearing their self so people don't come back and say they are been misleading.

[Gposas]

This phrase “not financial advice” serves to prevent any error and subsequent blame that users may want to place on content creators for example

It can also be understood as: I'm teaching you, giving you the information, but the final decision is entirely yours

The reason of blame as quoted is what I understand for that phrase OP stated. Because most Investors/Traders wouldn't take much time to sort for their own reasons of placing funds on a particular asset, either as investment or trading but they just get carried away with the news or speech from the analyst and after loosing, they start looking for who to blame and probably start giving a negative feedback/comments to the analyst.
Even if the analyst may speculate correctly, he is likely to add the phrase "Not a Financial Advice" to enable the trader/investor Do His Own Research in order to manage his risk of loosing funds.

[Marivic27]

People who are expert or has already financially free status can give financial advice,because i believe they have a lot of experience than the people who are in a floating status,they can maybe give some words of wisdom from thier experience and success story.

[bettercrypto]

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.

I agree, if books are good advisors, where we can learn and continue to learn if we make mistakes, and it should be noted that 1 financial book, trading or the like has gone through research on a particular object to have a conclusion, and if we want to trade I think if we experience a loss or win it is a process of what we have learned from advisors (books)

Books are really helpful honestly speaking because they provide additional ideas or knowledge to us so that our understanding of trading can actually be expanded.

Now if we have others who we watch giving tips or ideas on YouTube, let's take what we think will help us in the near future in our study of trading and adopt it.
like cherry picking what we do.