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Author Topic: Do i need an advisor for Bitcoin  (Read 233 times)
Aroks (OP)
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November 16, 2018, 01:51:18 PM
 #1

Hello all,

All in the title. I don't know a thing in trading or cryptocurrency... So I was wondering if I should get an advisor ?

Is there somewhere a list of advisors in crypto ? i know in my country there is an official list of advisor but not said if in crypto...

(http://www.scb.gov.bs/documents/Firms%20%20as%20at%2030%20September%202018.pdf)

Thanks for the help
boyptc
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November 16, 2018, 02:36:56 PM
 #2

What you need to do is to keep on reading materials and articles about bitcoin/crypto trading and other related stuffs. Having an advisor means you are hiring someone to coach you unless you will get someone for free.

The resources are out there you just need to search it.

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November 16, 2018, 03:28:20 PM
 #3

Probably a financial advisor if you're planning on putting in significant amounts of money into bitcoin for long term. But as a trader? I think getting an advisor is probably too farfetched. Just make sure that you control your risk, as you definitely wouldn't want to put big amounts of money when starting out your trading as you should always expect losses when starting out.

There are lots of trading tutorials on the web that could help you start out.

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Peacemaker1994
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November 16, 2018, 06:55:30 PM
 #4

Everyone needs and advisor or mentor to put them through most especially when they are new to it.  You can get a good advisors from this forum just post what you not clear about and would surely have a good number of advice to choose from
Maysummer
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November 17, 2018, 08:39:23 AM
 #5

Hello all,

All in the title. I don't know a thing in trading or cryptocurrency... So I was wondering if I should get an advisor ?

Is there somewhere a list of advisors in crypto ? i know in my country there is an official list of advisor but not said if in crypto...

(http://www.scb.gov.bs/documents/Firms%20%20as%20at%2030%20September%202018.pdf)

Thanks for the help
i believe that bitcoin forum will be the best advisor for you, you don't need to go anywhere. There are some bitcoin specialist, analyst or long term bitcoiners. I'm sure they can share they experience and could help you a lots.
Infinixhot1996
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November 17, 2018, 08:53:37 AM
 #6

Hiring an advisor or a tutor maybe a little bit out of the box,especially if you're investing with a low/considerable amount of money
You could also tutor yourself,this forum is one place to enable you get started,also online articles,youtube videos etc, the internet embodies all information this days and I do not see any reason hiring a paid advisor..
But if you feel comfortable with one, hiring a trusted one would be beneficial,but play safe with such advisor,they could be fraudulent and scam you based on your ignorance and low level of intelligence on the network
insane:trader
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November 17, 2018, 10:50:20 AM
 #7

what I have seen is most of them don't care about advisors through there experience they will only know how to manage , as said you get advice in this forum only , if your investment is huge then its better to search for someone
Sinone
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November 18, 2018, 08:43:21 AM
 #8

I do not think so someone needs an advisor for doing good in cryptocurrency just need to read articles magazine regularly on bitcoin besides this you can follow the forum regularly which is the best advisor so far I think. So there is no need to hire someone to advise better you follow the forum and bitcoin-related things attentively.
Kopyleft
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November 18, 2018, 12:23:02 PM
 #9

I would highly recommend you get an advisor if you were planning on investing in alternative currencies and ICOs. And to always seek expert advice.

Bitcoin is more straightforward and doesn't need as much research and discretion as risky ICOs.
If you do not trust enough in your abilities, you can if course get an advisor.

fangbian
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November 19, 2018, 07:28:27 AM
 #10

Hello all,

All in the title. I don't know a thing in trading or cryptocurrency... So I was wondering if I should get an advisor ?

Is there somewhere a list of advisors in crypto ? i know in my country there is an official list of advisor but not said if in crypto...

(http://www.scb.gov.bs/documents/Firms%20%20as%20at%2030%20September%202018.pdf)

Thanks for the help
You will be the best advisor because if you learn by yourself and your mistakes, it would help you learn more than learn from other mistakes.  Learning from a little thing and step by step coming to bitcoin, that will be the best way to learn about crypto world.
Nikivanov346
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November 19, 2018, 09:07:58 AM
 #11

If you have enough money to invest, so take some short courses. Then work a little with an advisor. After, try to trade or invest with a small bids and keep on get experience in crypto.
ppadilllla
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November 19, 2018, 07:31:09 PM
 #12

No, not really necessary. I got through the market without much help of an advisor but I did read a lot of discussion. Joined telegram groups, reddit and other social media. DOn't get swayed by the hype tho.
Coyster
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November 19, 2018, 07:40:52 PM
 #13

No, not really necessary. I got through the market without much help of an advisor but I did read a lot of discussion. Joined telegram groups, reddit and other social media. DOn't get swayed by the hype tho.
Surely every one treads on different paths/routes,you probably learnt the very way that suited you..
If the OP feels it's imperative to have an advisor,to direct his/her investments,then I think it's totally fine and acceptable as long as such advisor is a reputable individual,and is not entrusted with much personal information...



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