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Author Topic: Who can really give a Financial advice?  (Read 7493 times)

Offline omori

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Re: Who can really give a Financial advice?
« Reply #60 on: January 28, 2025, 01:56:54 PM »
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.

Advice can be given by anyone, but it should stay that - a piece of advice.
It is not a call to action, it's a thought to proceed and work with.
All the rest if your own deal.
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Re: Who can really give a Financial advice?
« Reply #60 on: January 28, 2025, 01:56:54 PM »

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Offline dave_strider

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Re: Who can really give a Financial advice?
« Reply #61 on: January 28, 2025, 02:21:33 PM »
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.

Such people would usually do it to push their own agenda.
So it's always wise to keep advice close, but your own thoughts - closer.

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Re: Who can really give a Financial advice?
« Reply #61 on: January 28, 2025, 02:21:33 PM »

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Offline JoyMarsha

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Re: Who can really give a Financial advice?
« Reply #62 on: January 28, 2025, 10:46:29 PM »
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

To be honest I undertand this, because the final decision to invest or buy something is total responsability of the person, do not follow any advice blindly
Many people follow tips without thinking  :P
Correct. Every piece of advice heard or listened to lies on the individual to decide on the one to take as, to be true.

There are many pieces of advice on social media and out of social media. If we go on accepting everyone, I think the majority of us would be confused about the one to choose, which can have us making a lot of mistakes.

It will be ideal, to think wise and research any information be told before accepting the information to be true. Because whatever information you truly accept as truth, will define the kind of approach you make in life.

Offline New Ranger

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Re: Who can really give a Financial advice?
« Reply #63 on: January 29, 2025, 10:38:50 AM »
many are indeed proficient in analyzing the market and giving some opinions on whether a coin is worthy and worth investing in, but all will eventually say make it your second opinion and do your own research. from the style of speech above, it is clear that they only come and convey some important points and for the final decision on ourselves too.

Until now I have never received a channel or private group that is 100 percent proven to be exactly what they suggest for us to follow.
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Online bitterguy28

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Re: Who can really give a Financial advice?
« Reply #64 on: January 29, 2025, 10:59:39 AM »
many are indeed proficient in analyzing the market and giving some opinions on whether a coin is worthy and worth investing in, but all will eventually say make it your second opinion and do your own research. from the style of speech above, it is clear that they only come and convey some important points and for the final decision on ourselves too.
even though they seem proficient it is possible that they only analyze the market depending on what they need and what they are capable of if the tools they have can only do a certain thing when it comes to analyzation then it might not be the same as the tools that you have so you also need to be careful with completely following an individual
Quote
Until now I have never received a channel or private group that is 100 percent proven to be exactly what they suggest for us to follow.
these groups are only good to serve as guides and nothing else i would not expect so much on channels like this

Online MUGNIA

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Re: Who can really give a Financial advice?
« Reply #65 on: January 31, 2025, 02:24:50 PM »
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.
Joining a telegram group and watching YouTube is quite helpful in learning the basics of trading, and sometimes in a telegram group, they often share tips and tricks, that's what makes me follow a group or channel about trading more.

Offline zeeMN

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Re: Who can really give a Financial advice?
« Reply #66 on: January 31, 2025, 03:30:01 PM »
This whole financial advice and crypto thing don't mix well.

And reality of things is that people without the financial background in terms of profession don't have the paltform to act has experts of the field , but one thing is for sure ,
The non professionals on the forums have the exposure,  , experience and understand how the crypto markets and in my opinion should be qualified to give this advice.

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Re: Who can really give a Financial advice?
« Reply #66 on: January 31, 2025, 03:30:01 PM »


Offline Rubel007

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Re: Who can really give a Financial advice?
« Reply #67 on: January 31, 2025, 05:03:19 PM »
many are indeed proficient in analyzing the market and giving some opinions on whether a coin is worthy and worth investing in, but all will eventually say make it your second opinion and do your own research. from the style of speech above, it is clear that they only come and convey some important points and for the final decision on ourselves too.

Until now I have never received a channel or private group that is 100 percent proven to be exactly what they suggest for us to follow.
I think those who are responsible will definitely not be willing to take risks for others. And the main reason for this is that no one is able to make accurate predictions about the market. Those who want to follow such a person can do so without any hesitation, but the main point here is that everyone should have their own judgment and analysis. Even if someone else gives good advice for investing their financial assets, you should try to understand yourself well first.

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Re: Who can really give a Financial advice?
« Reply #68 on: January 31, 2025, 06:37:45 PM »
Financial consultants see your personal situation and your financial plans and advise the products to help you meet your needs. But it's a different opinion because i mean i want to invest with my own experience and Knowledge. Financial advice means advising others on the selection, purchase, or sale advice of financial products to meet the purpose of investing, risk management, or risk mitigation. Suppose i am involved with crypto investment so if i invest by follow anyone then my loss is high there. Therefore, it is called foolishness to invest in social media by looking at a consultant post.

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Re: Who can really give a Financial advice?
« Reply #69 on: February 01, 2025, 10:57:30 PM »
Financial consultants see your personal situation and your financial plans and advise the products to help you meet your needs. But it's a different opinion because i mean i want to invest with my own experience and Knowledge. Financial advice means advising others on the selection, purchase, or sale advice of financial products to meet the purpose of investing, risk management, or risk mitigation. Suppose i am involved with crypto investment so if i invest by follow anyone then my loss is high there. Therefore, it is called foolishness to invest in social media by looking at a consultant post.
It is better to invest or trade in crypto based on your own knowledge and experience. because it is better. I never trust financial consultants but I can share with them about my considerations and analysis. Everyone is allowed to have an opinion and suggestions, but it is better to do research and make your own analysis.

Offline Baofeng

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Re: Who can really give a Financial advice?
« Reply #70 on: February 01, 2025, 11:03:17 PM »
Financial consultants see your personal situation and your financial plans and advise the products to help you meet your needs. But it's a different opinion because i mean i want to invest with my own experience and Knowledge. Financial advice means advising others on the selection, purchase, or sale advice of financial products to meet the purpose of investing, risk management, or risk mitigation. Suppose i am involved with crypto investment so if i invest by follow anyone then my loss is high there. Therefore, it is called foolishness to invest in social media by looking at a consultant post.

Or just go with your guts and what you are feeling. I think for Bitcoin it's very easy to us, just go and accumulate and hold. But for others like more volatile, the altcoin market, it's really hard to give advises.

Maybe we can give some suggestions, but still, it should not be treated as sound advise.

And for someone, it's better to really just go with the motion and experience to see how it is to be a investor and trader and then adjust your strategy. It's ok to lose money as long as you can get a big experience out of it.

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Re: Who can really give a Financial advice?
« Reply #71 on: February 02, 2025, 02:22:32 PM »
I think we ourselves have to learn from our experiences about our finances, Of course we have to look at successful people out there. If other people can, of course we should be able to do it too.
And especially in Cryptocurreny, of course it will be more difficult because the price of Crypto fluctuates highly. Assets will definitely go up and down, and armed with experience I believe we will be able to advise ourselves.

Offline enwi

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Re: Who can really give a Financial advice?
« Reply #72 on: February 02, 2025, 02:47:23 PM »
Financial consultants see your personal situation and your financial plans and advise the products to help you meet your needs. But it's a different opinion because i mean i want to invest with my own experience and Knowledge. Financial advice means advising others on the selection, purchase, or sale advice of financial products to meet the purpose of investing, risk management, or risk mitigation. Suppose i am involved with crypto investment so if i invest by follow anyone then my loss is high there. Therefore, it is called foolishness to invest in social media by looking at a consultant post.
It is better to invest or trade in crypto based on your own knowledge and experience. because it is better. I never trust financial consultants but I can share with them about my considerations and analysis. Everyone is allowed to have an opinion and suggestions, but it is better to do research and make your own analysis.
Yes, It is more preferable to make own decisions in investments or trading in cryptocurrencies, as only we know our financial situation and our aims. However, people’s opinion can still be heard but the last call is always left to us We. To achieve the strategic goal of having a better understanding of the risks and opportunities, it is necessary to conduct your own researches and analysis. Like that, every action carried out is justified and not based on effects of other people’s actions or opinions. When we are confident in our decisions we make, then this will help us prepare for several possibility within the crypto market.

Offline bitcoin-shark

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Re: Who can really give a Financial advice?
« Reply #73 on: February 02, 2025, 05:01:36 PM »
Those who propose advantageous investments in promising cryptocurrencies are often not financial promoters but rather enthusiasts or experts in the field and obviously express their personal opinion and not a suggestion to invest. This is what the writing to underline this is for.
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Offline rizqillah

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Re: Who can really give a Financial advice?
« Reply #74 on: February 02, 2025, 10:39:22 PM »
I think we ourselves have to learn from our experiences about our finances, Of course we have to look at successful people out there. If other people can, of course we should be able to do it too.
And especially in Cryptocurreny, of course it will be more difficult because the price of Crypto fluctuates highly. Assets will definitely go up and down, and armed with experience I believe we will be able to advise ourselves.
learning from one's own experience in managing finances is the right thing, because sometimes we are different from others in doing it.
in life we ​​are always faced with financial problems, especially needs and in investing in crypto we must also be smart in managing finances and also risks, because these two things are what we find in crypto.

 

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