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Don't Give Investment Advice


Seoulmate

Featured Comment

Posted

Don't give investment advice to friends or family. There are two possible outcomes:

  1. They lose money
    If you give investment advice to people you know and they don't make money they will always remember that it was you that advised
    them and they will never stop reminding you of that fact.
  2. They make money
    If they do make money, they will think about how clever they were to invest in whatever coin/investment scheme it was.
    However they will come back to you for more advice on other investments, and will invest until eventually at some point they lose money then (see 1 above ).
Posted

Well if you voluntarily go up to someone and provide investment advice, these would be the outcomes for sure. But in the forum, many ask for investment advice. And if you share what you are doing, that's not a big deal I think. No one forces someone to invest in a specific currency. If someone asks, everyone can share their advice. Just don't do it beforehand. 

Posted
4 minutes ago, Mashfiqun2018 said:

Well if you voluntarily go up to someone and provide investment advice, these would be the outcomes for sure. But in the forum, many ask for investment advice. And if you share what you are doing, that's not a big deal I think. No one forces someone to invest in a specific currency. If someone asks, everyone can share their advice. Just don't do it beforehand. 

Yes in the forums, who cares. But I specifically mentioned friends or family.

Posted
2 minutes ago, Seoulmate said:

Yes in the forums, who cares. But I specifically mentioned friends or family.

Yes, then I agree with you. Money is a really bad thing if it influences your relationships with your friends and family. I try my best to avoid financial talks with them as they are the ones I really care about. Peace!

Posted

As such I not share my bitcoin investment experience to anyone even my family members or my friends not know I invest my some money in bitcoin because I think in my country not think good about this that's why I not share anyone.

Posted

I only refer the people close to me towards online stuffs where they can earn without any investment. I never considered inviting them to gamble, etc., where they can lose money. I definitely agree with you. 

Posted

Yes, this is real. I advised my friend at the university and when he did not gain anything he started to blame me, but since that day I have been advising the members of the forum only and I am not writing tips I am not sure of, that is, I give everyone reliable information so that I do not cause them to lose.

Posted

well yes and know 
friends of mine always asked me what to invest for soem of them made a lot other lost 
howeverwhen i give advice i tell them if u lose it dont blame me 
and no1 ever did 
but when they win ( which is in 90% of time ) they would say thanks xD 

Posted

Yes you are totally right.. Because if we advice our friend about invest and when they will lose in invest, they will blame us instantly without understand that invest is not easy task and they has fault in invest... So i think we should not advice them about invest anymore if you dont want blame😂

Posted

I think most of us are not yet fully understand on how a cryptocurrency investment works, thats why most of us ended up losing our hard-earned money, cryptocurrency investment is not just like any other investment, it is a high-risk investment because of its nature, very high market volatility and weird fluctuation most of the cryptocurrency has no inherent value at all, so thats the risk we should know before we invest, in the time that we bought a particular cryptocurrency we are just simply speculating and it has no guarantee that we can get any returns with our investment. so before start investing in cryptocurrency just make a simple consideration Invest only that you can afford to lose.

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