best person to seek advice from

[dave_strider]

Personally, whether I listen to someone depends on how they present their argument. If what they said makes sense, has some proof, doesn't jump to a conclusion, doesn't use emotional terms like "is dead" etc, then I'd probably listen more. Especially if they have a proven track record. That being said, nobody can see the future so I won't subscribe to their prediction at all, and just learn how they arrive at their conclusion. Not sure how easy that is if you've never been involved in crypto though. I can only say that people have to start somewhere, and I hope they don't start from listening to a shitcoin pump & dump influencer.

Good choice. If a person is not a maxi in the question posed, he can be argued with and discussed with about the question / problem. Not many people are eager to share their knowledge and spend their time on proving their point, naturally, but some do have the credibility to be a source of knowledge in some fields.

[Chilwell]

no man is an island

as much as i believe that we should dictate our own lives and our own decisions especially when it comes to our money i think it wouldn't hurt to go and seek out advices from time to time i am not saying we should take these advices as the absolute truth but it would allow us to gain some perspectives

my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?

The concept of cryptocurrency requires deep knowledge and understanding. To navigate it effectively, you need to be knowledgeable and discerning about the people you seek advice from. Good advice isn't solely based on knowledge, it's the result of careful consideration, free from emotional and psychological biases. A person's status, experience, or credentials in the cryptocurrency space don't guarantee they'll provide the best advice. Even experts or professors can be psychologically weak in their thinking or hesitant to share valuable insights. Some individuals might intentionally withhold good advice due to personal motivations or a desire to maintain superiority.

Before making any decisions, especially those affecting your financial stability or well being, take the time to think critically and evaluate the people you trust. Understand that everyone's thought process is unique, and it's essential to be psychologically astute and discerning when seeking advice on cryptocurrency or any other matter.

[Cryptsafe]

no man is an island

as much as i believe that we should dictate our own lives and our own decisions especially when it comes to our money i think it wouldn't hurt to go and seek out advices from time to time i am not saying we should take these advices as the absolute truth but it would allow us to gain some perspectives

my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?

There is a saying that experience is a teacher. You can not compare theory and practical at the same time, what you see or hear while in the course of theory might be different from what you see and experience in the practical class.
OP there is nothing wrong in seeking advice from both parties but a person with practical knowledge would give you a good rundown of their experience of how things work and how they were able to record numerous successes in the process of trading and also apply some principles to achieving their success. However, you should know that when it comes to situations such as this, not everyone would comfortably tell you everything as there are some secrets to their trading life that they would not say to you but you should be able to discern when they mean what they say and are just saying things to please you.  You should be able to analyze all you have heard to take the best from all they have to say and apply it to your exercise and see how far you can go with it.

[Bobcrypto]

It depends on the type of advice, even developers may be bad at predicting while traders' advice is bad in terms of account security or privacy, so you should divide cryptocurrencies into several specializations such as investment, security, privacy, and then ask several trusted people according to the subdivision.
some are pro bitcoiners and will tell you to stay away from altcoins.

Yes, i have similar thought about the type of advice to render because the crypto economy is very wide and there should be specialists in every section like, mining, marketing, Trading, designs, ICO/IEO management and community managers etc.
As an economicst, i can give advice on the market, which includes, buying/selling financial instruments, demand/supply and consumer behavior, market trends, Data statistics etc.
In addition, there are actually highly experienced bitcoiners who has been following the Bitcoin trends since it's inception, and i think they give some market advice too.

[tequilla_sunset]

It depends on the type of advice, even developers may be bad at predicting while traders' advice is bad in terms of account security or privacy, so you should divide cryptocurrencies into several specializations such as investment, security, privacy, and then ask several trusted people according to the subdivision.
some are pro bitcoiners and will tell you to stay away from altcoins.

Yes, i have similar thought about the type of advice to render because the crypto economy is very wide and there should be specialists in every section like, mining, marketing, Trading, designs, ICO/IEO management and community managers etc.
As an economicst, i can give advice on the market, which includes, buying/selling financial instruments, demand/supply and consumer behavior, market trends, Data statistics etc.
In addition, there are actually highly experienced bitcoiners who has been following the Bitcoin trends since it's inception, and i think they give some market advice too.

Each has his own specification - and he should be good at it and like it very much.
And usually, that's the case - those who are maxing Bitcoin are inclined to not to get any alts due to them being inferior to BTC.
However, each has its pros and cons during different times.

[0t3p0t]

Yep most probably I will listen to both and will just see which one happens.

I go for this one brilliant comment right here and I agree with you because we cannot ignore both as they are more effective when combined and this is where our creativity will do it's best. You can't go wrong on either one of them to be honest and why chose one if you can have them both right? We just need to improvise so the advise will result in a great outcome. Though for me personally it's easier said than done but yeah it all really depends on how we understand things and how we dealt with it.

[Celph]

no man is an island

as much as i believe that we should dictate our own lives and our own decisions especially when it comes to our money i think it wouldn't hurt to go and seek out advices from time to time i am not saying we should take these advices as the absolute truth but it would allow us to gain some perspectives

my question: who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?

In the crypto game;seeking advice from investors isn't actually a bad idea that is meant to be actually shunned.
 Taking advice and following other traders investments choices are quite different.We as investors also need these advices most times because we can't be thoroughly perfect.The most important thing is going and reading through these advices given by other investors again amd again as it is important to make your own investment choices yourself.Your choices shouldn't be facilitated by other investors except if thoroughly put into consideration.
  I personally don't like to give advices to other investors most times to avoid future occurences of blames when losses occur.However;these advices are still important.
   As a newbie or even investors that are already in the game;you could still take  advices from people you trust  or people who have stayed longer in the game and have something to show for it.It is also important that after getting these advices;lay them down and put inyo consideration.You are entirely free to make your own choices as loss or profits incurred are for you and no one else;it affects you;it doesn't affect them.

[bayu7adi]

who is more credible to give advices about cryptocurrency, someone with a degree who has studied something similar with economics, finance, or technology or someone with no degree but has been involved in cryptocurrency for years? whose opinion will you hold in a higher regard?

Basically it's a bit difficult if we are too skeptical and too strict in filtering input and suggestions from others... whereas, we can all consider it all to be something logical according to ourselves...

I once thought that every rich person who has been successful also certainly will not give free advice to others... where at least there must be reciprocity so that everyone feels the same hard work...

One of the suggestions and experiences that can be shared for free is from our family, whether it's from our father or mother.. maybe it's true, not all parents have good financial conditions, so we pay too little attention to it... but believe me, that every parent has experiences that we have never experienced... and I'm sure, they would prefer to be honest with their own children... so the best and most valid advice that can be trusted is from my parents.

[MUGNIA]

Each has his own specification - and he should be good at it and like it very much.
And usually, that's the case - those who are maxing Bitcoin are inclined to not to get any alts due to them being inferior to BTC.
However, each has its pros and cons during different times.

The advantages and disadvantages of one crypto are natural because it has become a choice, some are good and some are not, some are number 1 and there are the next numbers, for bitcoin lovers they will say bitcoin is better, on the other hand for altcoin lovers they have their own views on why they prefer altcoin, the point is everyone has their own views and their comfort in investing, and we also cannot force ourselves to follow their advice raw (that's my thinking)

[tequilla_sunset]

The advantages and disadvantages of one crypto are natural because it has become a choice, some are good and some are not, some are number 1 and there are the next numbers, for bitcoin lovers they will say bitcoin is better, on the other hand for altcoin lovers they have their own views on why they prefer altcoin, the point is everyone has their own views and their comfort in investing, and we also cannot force ourselves to follow their advice raw (that's my thinking)

It's better to learn from everybody and just to listen to others if needed.
If it's not - then you just follow your own path / strategy. And that matters the most - being ready for most of the things and having a plan.

[sagarmota10]

As we know the we are trading the alts coin so we have not that much patience but if we can transfer our mentality from trading to investing than we can earn good returns from market and no need to get advice from any one.

Investment required little bit research and lot of patience only.

[Gurujebs]

It's better to learn from everybody and just to listen to others if needed.
If it's not - then you just follow your own path / strategy. And that matters the most - being ready for most of the things and having a plan.

You don't have to listen to everybody and even the ones you do, it's not compulsory thing to do to be successful in crypto, just take one or two that you need and work towards it, with time you will get make that money everyone is looking for. You just have to find out that way of success in crypto and the one that works for you because it didn't work for another didn't mean it wouldn't work for you.

Though there is a general consensus in crypto success, buying of Bitcoin and holding for as long as you can never be wrong in any way. As long as you can hold and you can have the patience, money will be made from it.

[electronicash]

the best person to seek advice are the persons who always say "Not a Financial Advice" at the end of his advice.  because you know this guy is a very experienced person when it comes to being blamed in case he is wrong with what he said.

It's better to learn from everybody and just to listen to others if needed.
If it's not - then you just follow your own path / strategy. And that matters the most - being ready for most of the things and having a plan.

You don't have to listen to everybody and even the ones you do, it's not compulsory thing to do to be successful in crypto, just take one or two that you need and work towards it, with time you will get make that money everyone is looking for. You just have to find out that way of success in crypto and the one that works for you because it didn't work for another didn't mean it wouldn't work for you.

Though there is a general consensus in crypto success, buying of Bitcoin and holding for as long as you can never be wrong in any way. As long as you can hold and you can have the patience, money will be made from it.

it would take a person staying in crypto and reading a lot of posts in forums like this before the person can think that its just BTC that matters the most. but in the end he will still be going for the altcoins that are being pumped.

[doc]

Each has his own specification - and he should be good at it and like it very much.
And usually, that's the case - those who are maxing Bitcoin are inclined to not to get any alts due to them being inferior to BTC.
However, each has its pros and cons during different times.

The advantages and disadvantages of one crypto are natural because it has become a choice, some are good and some are not, some are number 1 and there are the next numbers, for bitcoin lovers they will say bitcoin is better, on the other hand for altcoin lovers they have their own views on why they prefer altcoin, the point is everyone has their own views and their comfort in investing, and we also cannot force ourselves to follow their advice raw (that's my thinking)

We do have our own views and experiences that make us choose which coins we will buy. I diversify and consider bitcoin as a priority coin while top altcoins are my choice to get more bear profit from investing in bitcoin. I have some top altcoins such as ethereum, SOL, XRP and BNB.

[enwi]

Each has his own specification - and he should be good at it and like it very much.
And usually, that's the case - those who are maxing Bitcoin are inclined to not to get any alts due to them being inferior to BTC.
However, each has its pros and cons during different times.

The advantages and disadvantages of one crypto are natural because it has become a choice, some are good and some are not, some are number 1 and there are the next numbers, for bitcoin lovers they will say bitcoin is better, on the other hand for altcoin lovers they have their own views on why they prefer altcoin, the point is everyone has their own views and their comfort in investing, and we also cannot force ourselves to follow their advice raw (that's my thinking)

We do have our own views and experiences that make us choose which coins we will buy. I diversify and consider bitcoin as a priority coin while top altcoins are my choice to get more bear profit from investing in bitcoin. I have some top altcoins such as ethereum, SOL, XRP and BNB.

Although, there should be no problem with an emphasis on Bitcoin as the leading altcoins used in an effort to gain more can sometimes prove to be disadvantageous. Most altcoins are riskier to their base counterpart in the bitcoin and it is still uncertain to predict a continuous growth of their prices in the near future. It is notable that some stocks, which received high ratings today can fall dramatically at unpredictable moments. This type of decision-making also has its downside when risk diversification is used universally without thinking about other risks. Altcurrencies are not identical, and using any asset other than bitcoin still has a great percentage of the risk. Being conservative is always preferable to risk taking when it comes to allocating money and this is because one is not guaranteed that they will get the returns that they want if they decided to employ the current strategy.