rosebrand
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April 20, 2021, 09:15:40 AM |
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For sure the crypto market is really volatile which makes risk and reward mandatory, so for a person to be able to benefit from crypto, that person is supposed to know the risk involved and learn the strategies of benefiting from crypto. So truth be told it's better for you to educate a person on the risk involved in crypto and also teach them how to buy for them selves because you never can tell what will happen next and the blame will be on you who bought for them, like most newbies think crypto is a get rich quick scheme, try to kill that thought from them, and also teach them not to be a panick seller.
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Ceyflix-Rez
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April 20, 2021, 11:35:10 AM |
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Good advice. I usually don't give financial advice to anyone as it can easily backfire.
However, I don't understand what the last sentence of your post mean. If someone has already decided to buy cryptocurrencies then probably asking for directions. Of course, I wouldn't buy for someone else as this can get us in trouble with tax authorities.
I don't think that's what OP meant, he or she is warning people not to help their friends to buy coins or tokens because the risk will be on the buyers neck, if the token or coin loses big value later your friend can turn your enemy instantly 😂, better to tell them where to buy and tell them the risk involved, if loss do happens it's on them
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sapnu
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April 20, 2021, 12:11:49 PM |
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The crypto currency space is a very volatile place where anything can happen in a short time frame. No one either experts or not can call the top and bottom in crypto currrency market; we should always remember that our business in crypto currency market, trading is to take profit.
More importantly; don't be over ambitious to help someone to buy tokens, never do it. Instead educate and teach them how to do it, and the risks involved.
Indeed no one can claim to theirselves that they are experts already in the crypto world no matter how long they have been here. You can be over ambitions all by yourself but it would be best if you wouldn't include other people on it so that you may avoid leading them to their downfall. As we all know, those who has the highest holdings or owning of crypto have learned more from the guidance and their experience than from listening to other people's instruction. As an individual also, you should always know how to stand your ground and stay firm on your goal without letting anyone else interfere with it.
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trauchot
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April 20, 2021, 12:17:19 PM |
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Investing in cryptocurrencies is always a huge risk and therefore you always need to think about all your actions in the cryptocurrency sphere and, of course, before investing in any cryptocurrency, you need to understand that you can lose all your investments and only then you need to make investments and of course you need to invest exactly that money that will not be a pity to lose, also beginners should understand all this so as not to lose all their investments on the initial path in the cryptocurrency field.
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Fivestar4everMVP
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April 20, 2021, 12:21:40 PM |
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Helping just anyone to buy tokens or invest in any coin is very risky cus, just as the post says, the crypto market can not be predicted, one can be very certain of what he or she is buying into but after sometime, things least expected might cause somethings to change which in turn might affect that market negatively, so when this kind of situation arises, the person you bought a coin or token for is likely to hold you responsible for misleading him or her into loosing money, this is one of the reasons am always very careful of introducing crypto to my family members, close friends and relatives, cus they might not understand it the way I do and cus of this, might take a wrong step which would cause them to loose money and in the end, I will be the one to be blamed for the loose.
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vncajules
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April 21, 2021, 03:37:39 PM |
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I am not ambitious, I love to educate many aspiring cryptocurrency investors here in our locality, but there is one line I shouldn't cross. It is when I will be the one who will manage their portfolios for them. They should learn how to do their research instead of blindly following the hype without any valid reason. It doesn't make sense.
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capcaypro
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April 21, 2021, 04:24:30 PM |
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ambition brings disaster. we have to be careful in looking at the situation, especially in the market because if we take the wrong step instead of profit, we are the ones who lose. don't just look at tokens from those who only rely on pumps and fomo because that's not the right thing to do. learn first before taking action
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DU18
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April 21, 2021, 04:29:19 PM |
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The crypto currency space is a very volatile place where anything can happen in a short time frame. No one either experts or not can call the top and bottom in crypto currrency market; we should always remember that our business in crypto currency market, trading is to take profit.
More importantly; don't be over ambitious to help someone to buy tokens, never do it. Instead educate and teach them how to do it, and the risks involved.
sometimes what we want to give input to others turns out to be different from those of other people. so I think we better focus on how our own work is and don't be too ambitious for anything because being ambitious will only cost us a large amount of losses I totally agree with your thinking because if we are too ambitious sometimes it becomes a boomerang for us and I personally have experienced some bad things in giving advice to a friend about how to invest in crypto, when I introduced and advised them to buy The altcoins and altcoins gave them an advantage but they forgot about me and when they had a loss in trading, they blamed me and said I lied to them and to be honest I now don't care what they are doing now because it doesn't provide utmost benefit for me personally.
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dzonikg28
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May 02, 2021, 08:59:40 AM |
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ambition brings disaster. we have to be careful in looking at the situation, especially in the market because if we take the wrong step instead of profit, we are the ones who lose. don't just look at tokens from those who only rely on pumps and fomo because that's not the right thing to do. learn first before taking action
If you use your ambition wisely it is ok to be ambitious. Use the energy and motivation to conduct proper research. That's where most lack the ambition necessary to make profound decisions as to where they should put their money.
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