Does this Qualifies you to give non-professional or semi-professional financial

[Ben Barubal]

My question is quite simple and straightforward. If you have been holding and investing in Bitcoin for the past 15 years you have experienced several bull and bear markets. You witnessed the Bitcoin halving events in 2012, 2016, and 2020, as well as the unfortunate incident of Mt. Gox declaring bankruptcy in 2014 after losing approximately 850,000 bitcoins in a hacking incident. And you were part of the debates within the Bitcoin community regarding the scaling of the network to accommodate a growing number of transactions. You also observed Bitcoin reaching an all-time high of nearly $20,000 in 2017 and the significant institutional adoption that occurred from 2020 to 2021, with companies like MicroStrategy, Tesla, and others . Also you saw El Salvador becoming the first country to officially adopt Bitcoin as legal tender in September 2021. With this wealth of experience among many others not mentioned do you think it qualifies you to provide non-professional or semi-professional financial advice regarding Bitcoin to individuals?

    Being an expert is not based on length of experience in the field of this business industry. Because a lot of people have been here for a long time, their knowledge of the ins and outs of the crypto industry is still not extensive.

    But there are others who, even if they have only been in this industry for a few months, have a very broad knowledge of the crypto business, from trading to everything about Bitcoin or cryptocurrency-related discussions.

[Kelward]

Yes, with the utmost sense of humility, I think I can unarguably pass as a semi-professional financial advisor on Bitcoin (cryptos) matters to people. Even as a TA person, one can still have an idea (may not actually end up going there, anyway) where price could be going as it's mostly affected by fundamentals/news. Right now, it's safe to say that what's driving Bitcoin is fundamentals, given to the halving air which are somehow subject to quicken what TA could be showing.

This is what I thought too but then I am usually highly selective of people who I give these type of semi-professional advice to. Once I perceive that the individual is liberal, has an open mind and is receptive to learning, I do so unreservedly. But if the individual is one of those conservatives , that is hard of learning and wants nothing more than prove to me that they have a better financial knowledge and experience than myself, I withdrawal from giving any advice.

I think that without being too technical in analyzing Bitcoin, that I can give advice, atleast regarding it's investment, the basic thing is be informed about the best time to buy, which is when there's price dip, during bear run, begin to accumulate till bull run and decide to sale or keep holding. So it's to follow the fundamental analysis and understand the market trends, being an investor in Bitcoin is not that complex, especially if the person is holding on a long term.

I wouldn't go near giving Bitcoin or any altcoin professional trading advice to anybody, because I'm yet to aquire enough knowledge about their analysis, whatever advice that I can give based on my knowledge so far, I'd have to tell the person to carry out their own research before deciding to make any trading decisions.

[boyptc]

It's fine to say how the run have been based on my experience but I'll always add the disclaimer that it has no assurance if I'm telling positive things and prices.

I'll always quote that "it's based on my experience" so that's not going to lead people into thinking that even with experience, we're claiming that we're not professionals but just some random guy that have been through thick and thin on this market.

[Rockstarguy]

keeping Bitcoin does not make you an expert in Bitcoin. Just like winning the lottery, it does not make you a person with deep knowledge of money or you can start a successful project, unlike someone starting to build his wealth from scratch. Do not provide advice on a topic if you do not understand its dimensions, especially if it is investment advice to someone who may lose his savings because of your advice.

I think one that is able to hodl bitcoin well without fear of serious dip in the market can be considered as an expert and also can give advice to people who are coming up, who find hodling Bitcoin very difficult . But people who have never been able to make good investment in bitcoin that can be called a successful one have no right to give advice to other people,  because if you must give advice to people their must be something the person have to show up that their advice have also work for them before now. People must lead by example from their own good advice before trying to give other people advice too.

Bitcoin as an investment is a high-risk investment, and without realizing the dimensions associated with it, it is better for it to be a long-term investment and not to expect to be rich just by investing a small amount.

Bitcoin is always best to invest it when it is long-term because bitcoin is very volatile that can't make someone to be rich quick. Even one doest not have huge amount of money to invest bitcoin,  one can still invest in bitcoin by accumulating with the amount one can afford to lose.

[TimeTeller]

It's fine to say how the run have been based on my experience but I'll always add the disclaimer that it has no assurance if I'm telling positive things and prices.

I'll always quote that "it's based on my experience" so that's not going to lead people into thinking that even with experience, we're claiming that we're not professionals but just some random guy that have been through thick and thin on this market.

That would be a better approach even if you have more than a decade of experience in this market.
Because up until now, even if you have long years of experience, you can't guarantee that you will get profits from your decision.
You can give a non-pro piece of advice if they asked you to, but would be better if not asked.
Because in case something goes awry with the investment of that person, they can take it against you.
So yes, always say a disclaimer if someone happens to consult your advice regarding this market.

[boyptc]

It's fine to say how the run have been based on my experience but I'll always add the disclaimer that it has no assurance if I'm telling positive things and prices.

I'll always quote that "it's based on my experience" so that's not going to lead people into thinking that even with experience, we're claiming that we're not professionals but just some random guy that have been through thick and thin on this market.

That would be a better approach even if you have more than a decade of experience in this market.
Because up until now, even if you have long years of experience, you can't guarantee that you will get profits from your decision.
You can give a non-pro piece of advice if they asked you to, but would be better if not asked.
Because in case something goes awry with the investment of that person, they can take it against you.
So yes, always say a disclaimer if someone happens to consult your advice regarding this market.

No one can guarantee you profits and what's wrong with most of the people nowadays is that they're believing the influencers.

Before there were not that much of them and everyone is on their one. Their mistake, their regret and their profit, their greatness. But people today likes to get spoonfed and that's what they think of this market.

There's not that different in other market but just about the variety, the availability and the volatility that it possesses.

[nelson4lov]

~Snipped
With this wealth of experience among many others not mentioned do you think it qualifies you to provide non-professional or semi-professional financial advice regarding Bitcoin to individuals?

Short answer, Yes. Long answer: Anyone that has been in the community, space and market for that long time and participated actively (not just a passive user), then they have a thing or two up their sleeves based on their experiences. But it's very important to highlight that such advices is only made based on sheer amount of experiences and nothing to do with qualifications or certification. Whoever is on the other end of the advice should be presented with a disclaimer.

[carlfebz2]

My question is quite simple and straightforward. If you have been holding and investing in Bitcoin for the past 15 years you have experienced several bull and bear markets. You witnessed the Bitcoin halving events in 2012, 2016, and 2020, as well as the unfortunate incident of Mt. Gox declaring bankruptcy in 2014 after losing approximately 850,000 bitcoins in a hacking incident. And you were part of the debates within the Bitcoin community regarding the scaling of the network to accommodate a growing number of transactions. You also observed Bitcoin reaching an all-time high of nearly $20,000 in 2017 and the significant institutional adoption that occurred from 2020 to 2021, with companies like MicroStrategy, Tesla, and others . Also you saw El Salvador becoming the first country to officially adopt Bitcoin as legal tender in September 2021. With this wealth of experience among many others not mentioned do you think it qualifies you to provide non-professional or semi-professional financial advice regarding Bitcoin to individuals?

Non-professional or professional, it wont matter because recommending or telling someone about Bitcoin, you wont really be needing to make yourself having those kind of standing or having those status
because it would really be that best that people would really be the ones who would really be recognizing about into those things you have known or shared up or your real experience.
Thing here is that you do really know into yourself that you've experienced those things that not all had been able to do so. You would be keeping into yourself and if there would be someone who would
gonna asked then its not really that bad to consider on explaining those things.

It would be on someones personal choice on what are the things that you would gonna do.Whats important that making those recognition and explaination into those people
who are interested on which it could somehow do really help us out in terms of potential additional recognition and adoption.

[Mate2237]

Almost all the things you made mentioned are strange to me because ni registered my account in the month of April 2022 and the events I have experienced are the collapsed of Terra  Luna and the collapsed of the FTX which made Bitcoin to come down drastically to the rate of $16,000 in the year 2022. And also without wasting of time to answer your question, then I will say Yes. It is possible for some to acquire or experienced those events and yet give ill advise because probably he was not given too much attention on those things and was just enjoying the happing at the time.

But the matter what he would still have something to say about those events.

[lienfaye]

With this wealth of experience among many others not mentioned do you think it qualifies you to provide non-professional or semi-professional financial advice regarding Bitcoin to individuals?

Yes as a non professional and it's solely based on what I experienced. Anyone can give their advice to others as long as it's based on their experience and knowledge about Bitcoin. IMO, you don't have to be licensed when giving an advice, it's even more accurate because you experience it yourself and has a deep knowledge about it.

We might not be licensed to do so (the reason why people should not take it as a financial advice) but it is sharing experience so others will learn from what we go through.

[Mauser]

My question is quite simple and straightforward. If you have been holding and investing in Bitcoin for the past 15 years you have experienced several bull and bear markets. You witnessed the Bitcoin halving events in 2012, 2016, and 2020, as well as the unfortunate incident of Mt. Gox declaring bankruptcy in 2014 after losing approximately 850,000 bitcoins in a hacking incident. And you were part of the debates within the Bitcoin community regarding the scaling of the network to accommodate a growing number of transactions. You also observed Bitcoin reaching an all-time high of nearly $20,000 in 2017 and the significant institutional adoption that occurred from 2020 to 2021, with companies like MicroStrategy, Tesla, and others . Also you saw El Salvador becoming the first country to officially adopt Bitcoin as legal tender in September 2021. With this wealth of experience among many others not mentioned do you think it qualifies you to provide non-professional or semi-professional financial advice regarding Bitcoin to individuals?

Yes definitely, having 15 years of experience is a lot and must have taught you many things, even if you were more holding bitcoin than actually trading bitcoins. The question is what you are exactly looking for to give advice about. Are you just trying to help friends and family with their crypto adventures? Or are you looking for a professional setup where you are advicing clients for money? As for friends and family you can just be honest with them, tell them about your journey and successful you were, but make sure to clarify that the future of Bitcoin is not going to look like the early days. In a professional setting it's a bit different, because you want clients to be as optimistic as possible so that they follow your trading suggestion. It's fine to share your success stories and how well you have been doing for many years. But we need to be careful and not share all our information immediately, you are looking for long term clients that will let you earn a commission over a long period of time. If you give away everything at the beginning there is no reason to come back to you.

[abel1337]

My question is quite simple and straightforward. If you have been holding and investing in Bitcoin for the past 15 years you have experienced several bull and bear markets. You witnessed the Bitcoin halving events in 2012, 2016, and 2020, as well as the unfortunate incident of Mt. Gox declaring bankruptcy in 2014 after losing approximately 850,000 bitcoins in a hacking incident. And you were part of the debates within the Bitcoin community regarding the scaling of the network to accommodate a growing number of transactions. You also observed Bitcoin reaching an all-time high of nearly $20,000 in 2017 and the significant institutional adoption that occurred from 2020 to 2021, with companies like MicroStrategy, Tesla, and others . Also you saw El Salvador becoming the first country to officially adopt Bitcoin as legal tender in September 2021. With this wealth of experience among many others not mentioned do you think it qualifies you to provide non-professional or semi-professional financial advice regarding Bitcoin to individuals?

Every crypto users has different experiences on the crypto space. This can results in inconsistency on advises among old member but most of the advises that is fact would be similar. Trend changes, this opens new experience even to the oldest crypto users. Sure, crypto users who has many years of experience had learned most of the fundamentals of crypto but this doesn't mean that they know it all or right about all things on crypto. They have an edge but people should always do their own research.

I personally give advices on people that I know learned the fundamentals of crypto but it is not surprising that I can learn from them from time to time, mostly with the new crypto trends.

[jaberwock]

keeping Bitcoin does not make you an expert in Bitcoin. Just like winning the lottery, it does not make you a person with deep knowledge of money or you can start a successful project, unlike someone starting to build his wealth from scratch. Do not provide advice on a topic if you do not understand its dimensions, especially if it is investment advice to someone who may lose his savings because of your advice.

I think one that is able to hodl bitcoin well without fear of serious dip in the market can be considered as an expert and also can give advice to people who are coming up, who find hodling Bitcoin very difficult . But people who have never been able to make good investment in bitcoin that can be called a successful one have no right to give advice to other people,  because if you must give advice to people their must be something the person have to show up that their advice have also work for them before now. People must lead by example from their own good advice before trying to give other people advice too.

I highly doubt that, I have been able to hold bitcoin all through this bear period for example, and I do not see myself an expert at all, a friend of mine made 3x more money during the same time, by investing into things like optimism or ARB, and he is the real expert, I would not be able to know what to do, I made just a bit more, my DCA was at around 40k, and I kept on buying to drop it, it was 55k when I first started, by buying more and more when it's low, I dropped the average to 40k, and now I am in profit, but barely, whereas he 3x his money.

Just be able to hold is simple, to me at least, and people who fail to do that confuses me because I did absolutely nothing, I just held and waited for it to go up, it's that simple.

[Huppercase]

My question is quite simple and straightforward. If you have been holding and investing in Bitcoin for the past 15 years you have experienced several bull and bear markets. You witnessed the Bitcoin halving events in 2012, 2016, and 2020, as well as the unfortunate incident of Mt. Gox declaring bankruptcy in 2014 after losing approximately 850,000 bitcoins in a hacking incident. And you were part of the debates within the Bitcoin community regarding the scaling of the network to accommodate a growing number of transactions. You also observed Bitcoin reaching an all-time high of nearly $20,000 in 2017 and the significant institutional adoption that occurred from 2020 to 2021, with companies like MicroStrategy, Tesla, and others . Also you saw El Salvador becoming the first country to officially adopt Bitcoin as legal tender in September 2021. With this wealth of experience among many others not mentioned do you think it qualifies you to provide non-professional or semi-professional financial advice regarding Bitcoin to individuals?

I have seen some people here accounts registeree on 2014, 2013, 2012 and when you see them interact about bitcoin discussion, you will be ashamed of them but then again, I don't blame them because not everyone has current affairs of bitcoin and always stays updated with the trend surrounding bitcoin. If you asked some people about the all time high of bitcoin in 2016, they will tell you and tell you exactly why we had a price reversal in that price. We have them that can tell you everything but I think because bitcoin is a speculative assets, your opinion might not satisfy who you are giving an advice or financial advise.

However, I hope you know that in crypto, you are not allowed to give a financial advice to anyone unless you are register as one. Giving a financial advice when you are not a satisfied person will only land you in jail and because bitcoin investment is always risky, people don't like to give bitcoin advice because it can escalate in the wrong direction and your client might not be happy about it, stay safe when you give people advice buddy.

[Lanatsa]

My question is quite simple and straightforward. If you have been holding and investing in Bitcoin for the past 15 years you have experienced several bull and bear markets. You witnessed the Bitcoin halving events in 2012, 2016, and 2020, as well as the unfortunate incident of Mt. Gox declaring bankruptcy in 2014 after losing approximately 850,000 bitcoins in a hacking incident. And you were part of the debates within the Bitcoin community regarding the scaling of the network to accommodate a growing number of transactions. You also observed Bitcoin reaching an all-time high of nearly $20,000 in 2017 and the significant institutional adoption that occurred from 2020 to 2021, with companies like MicroStrategy, Tesla, and others . Also you saw El Salvador becoming the first country to officially adopt Bitcoin as legal tender in September 2021. With this wealth of experience among many others not mentioned do you think it qualifies you to provide non-professional or semi-professional financial advice regarding Bitcoin to individuals?

I have seen some people here accounts registeree on 2014, 2013, 2012 and when you see them interact about bitcoin discussion, you will be ashamed of them but then again, I don't blame them because not everyone has current affairs of bitcoin and always stays updated with the trend surrounding bitcoin. If you asked some people about the all time high of bitcoin in 2016, they will tell you and tell you exactly why we had a price reversal in that price. We have them that can tell you everything but I think because bitcoin is a speculative assets, your opinion might not satisfy who you are giving an advice or financial advise.

However, I hope you know that in crypto, you are not allowed to give a financial advice to anyone unless you are register as one. Giving a financial advice when you are not a satisfied person will only land you in jail and because bitcoin investment is always risky, people don't like to give bitcoin advice because it can escalate in the wrong direction and your client might not be happy about it, stay safe when you give people advice buddy.

You cant make yourself that getting imprisoned just because you had made someone invest into Bitcoin or in crypto, there's no such law or whatever legal thing that would connect out specially if its done verbally.
It is really just that it cant really be avoided that to those people whom you had introduced crypto space do ends up on losing money will really be having that kind of bad impressions and views towards you
but in speaking about having those legal related actions? It cant be just possible that you would be getting imprisoned into it, this is why they cant do such thing not unless if  they would really be making some actions
which it might really be putting up yourself in danger if these people would really be trying out on making some actions. This is why its never been that recommended that you are making yourself looking like a pro
but it its not.

When it comes to sharing information then it wont matter for you to be professional or not, as long you do know the basic principles on how it do works and how you should make use of it.
There are people who are really that minding on sharing up informations into those people who dont they know on which it is really that normal approach.
Its would really be still up to you on how you would really be able to share up those things without misleading them because this is where usually people do mess
up sometimes because of lacking knowledge.

[wxa7115]

I highly doubt that, I have been able to hold bitcoin all through this bear period for example, and I do not see myself an expert at all, a friend of mine made 3x more money during the same time, by investing into things like optimism or ARB, and he is the real expert, I would not be able to know what to do, I made just a bit more, my DCA was at around 40k, and I kept on buying to drop it, it was 55k when I first started, by buying more and more when it's low, I dropped the average to 40k, and now I am in profit, but barely, whereas he 3x his money.

Just be able to hold is simple, to me at least, and people who fail to do that confuses me because I did absolutely nothing, I just held and waited for it to go up, it's that simple.

We often concentrate too much on the results and not on the process itself, if your friend achieved this without taking any massive risk or using leverage then he is a real expert.

However there are many traders out there which have achieved similar results by taking massive risks, and as soon as the market does not do what they predicted they lose everything, so when it comes to those traders we can safely conclude they were never experts, they simply gave the appearance that was the case, but when challenged by the markets they showed who they truly were.