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Author Topic: Some Fiat Financial advisors are such hypocrites when it comes to Bitcoin  (Read 419 times)
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May 27, 2022, 11:15:28 PM
 #41

People like that should only have an effect on their followers or people who are completely new to Bitcoin or cryptocurrencies, don't want to learn more about crypto, and just want to invest their money without any effort and earn profits.
For these people, these financial advisors are very influential, especially if they appear in the big media, especially in their country.

However, for those of us who are already in the crypto world or who have the desire to learn more about crypto, there is no need to listen to them. Sometimes they are just a totality in theory but not in reality.

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May 27, 2022, 11:20:01 PM
 #42

People like that should only have an effect on their followers or people who are completely new to Bitcoin or cryptocurrencies, don't want to learn more about crypto, and just want to invest their money without any effort and earn profits.
For these people, these financial advisors are very influential, especially if they appear in the big media, especially in their country.

However, for those of us who are already in the crypto world or who have the desire to learn more about crypto, there is no need to listen to them. Sometimes they are just a totality in theory but not in reality.

that is very right. they can call them financial experts or whatever, but if you are already in this market, you won't bother what they are saying to the media because you already know this market. maybe, they have influence to their respective followers or noncrypto users but at the end of the day, it is you who will manage your portfolio. so do what you think is right for your funds. you can listen to what they are saying but just filter the valuable insights. you don't need to follow all the things that they are advising to people. they are also human and can commit mistakes. you will be happy if you will follow your instincts and not somebody else's.

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May 28, 2022, 04:12:34 PM
 #43

People like that should only have an effect on their followers or people who are completely new to Bitcoin or cryptocurrencies, don't want to learn more about crypto, and just want to invest their money without any effort and earn profits.
For these people, these financial advisors are very influential, especially if they appear in the big media, especially in their country.

However, for those of us who are already in the crypto world or who have the desire to learn more about crypto, there is no need to listen to them. Sometimes they are just a totality in theory but not in reality.
It is their skill in building trust in what they say. As a result, their followers listen and do what they say even if it's not entirely true. Indeed we should have some people who give us education about sensitive things like finances. But we cannot swallow everything they say, we must also be able to make our own research and if necessary compare the results of our research with what we hear.

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May 28, 2022, 04:49:36 PM
 #44

Media channels,especially television, are often abused by financial advisors who sound like they are taking advantage of the situation. where famous people or even the government might also be involved in voicing it. to be more careful before investing money in digital assets especially bitcoin. Well we know the reason behind it Smiley

But it's a shame that moments like that are very easily caught by most ordinary people who ultimately think bitcoin is a fraudulent investment!  Sometimes I get a little annoyed when I hear it. but anyway i don't care what they say about bitcoin. I know consciously that bitcoin is not a fraudulent investment, Even since I found out Bitcoin in 2019 has changed my life much better than before.

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GreatArkansas
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May 29, 2022, 09:52:13 AM
 #45

They are such hypocrites. Some of them are just talking when the trend is there, or when the topic is popular but if not, they ignore or snob it.
Some of them just keep talking just for the fame and money too for sure. And most of them also the reason why some people are losing money too.


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May 29, 2022, 10:00:39 AM
 #46

They are such hypocrites. Some of them are just talking when the trend is there, or when the topic is popular but if not, they ignore or snob it.
Some of them just keep talking just for the fame and money too for sure. And most of them also the reason why some people are losing money too.
That's noticeable. A lot of them come out when it's a bull run but look after them when it's a bear market, the actual real people in the market are there talking and giving their opinions despite the bear market, they'll still say that they're bullish no matter what. These hypocrites and bandwagons from the fiat market will tell something that would be in favor of their audience because they've already built their community and look how expert they are just after a few weeks or months of studying the crypto market.

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May 29, 2022, 04:21:04 PM
 #47

What were you expecting? I mean these are the people who are making money from the fiat investments like stocks and gold and so forth. These people need to make sure that bitcoin is doing badly so that they would be able to make some profit. I know that it is not a simple thing but at the same time we are talking about something that would be a lot better in the long run if you could hold bitcoin and it would make them lose customers and in return lose revenue and they do not want that.

I personally never use hedge funds or stuff like that, brokers and people who are looking to make a profit from what you are doing are not really that much caring about how much you make, they care about what they make.
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May 29, 2022, 04:35:07 PM
 #48

That's just how they do because if they don't bad mouth bitcoins people will lose interest in what they will advise and they will lose their job and source of income. they are just doing everything they can to protect their source and of course, since no one will gonna punish them, they will do what they want from bad outing it to prevent people from investing in bitcoins. Thankfully, people are smart nowadays because of the biased media, they won't just take anything that people said on TVs rather they do their own research and most of them came up with good news when it comes to investing in bitcoins.

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