Financial advise from a self acclaimed crypto investment professional.

[Stepstowealth]

What do you think about this financial advice from a self acclaimed crypto investment professional telling newbies not to consider investing in the top 100 cryptos of which bitcoin is included, if they want to make profit?

[Hatchy]

What do you think about this financial advice from a self acclaimed crypto investment professional telling newbies not to consider investing in the top 100 cryptos of which bitcoin is included, if they want to make profit?

IGNORE MATE, that's the best reply to him. He is just trying to promote some shit coins. He barley even knows what he is talking about. If he did, why then didn't he list some of these so called good crypto he spoke of

[Orpichukwu]

I see sense in what he has said. I'm a good advocate of bitcoin and other top 10 coins, and these coins are not meant to be invested and start hoping for profit in an instant or in a few months to come.
 
Some of the coins that will give someone a life-changing profit are not even listed among the top crypto exchanges; some volume and liquidity did not even qualify to be listed on Binance; they are just some shitcoins and new projects whose potential has not yet been discovered.
 
But the problem is, now that you know those right coins, the same way you can make the right choice and it can change your life today is also the same way you can make a wrong choice and everything you are going in with will vanish.

The risk is just 50/50 if it enters for you; you call it your lucky day, and if it doesn't, it's what it is. Investing in such coins is where they rate crypto investment as gambling because the outcome is not certain.

[Churchillvv]

This is just another reason why we need follow instructions in that we get forum the experienced members of the forum. although those here in the forum could be lucky to learn but those newbies that are not in the forum are the people that really need help on how to follow up this kind of financial advise.

Rationalizing what this person said, it could be correct from his or her perspective but also wrong in another perspective. there is a proverb that says another man's food is another man's poison, so from this maybe the person most have succeeded with a little profit from some altcoin (shitcoin) in the last cycles that warrant such advise thinking that it will work this time.

From what he or she is saying it's more like gambling with one funds which ever profits you then it might end up covering your total losses. but this might end up ruining the lives of people who are not into crypto already because they might all in to an investment and if it's starts moving the opposite direction they will panic and at the end loss so much money. but what will be the need of gambling with ones funds when they could focus one coins that have proven themselves in the last cycle and avoid puting too much risk.

Another thing is the adviser may not even be part of the program he or she predicts but will only give advise for people to try their lucks. if they succeeds with this advise he/she will use the testimonies to make some acclamation trying to show him or her self approved.

For me I would have love to give in to such advise but why will I take such risk again. I guess it's not worth risking my funds at this point except I have enough to gambling with.

[Upgrade00]

The risk is just 50/50 if it enters for you; you call it your lucky day, and if it doesn't, it's what it is. Investing in such coins is where they rate crypto investment as gambling because the outcome is not certain.

The risk is not 50/50, not even close. Out of a hundred cryptos out there, less than one would give you a profit, the other 99 would incur losses. Anyone advising you to invest in random, unlisted cryptos is a gambler with no strategy, this is cause you cannot determine which coin will have potential and last on the market.

[Pokapoka124]

Buying altcoins or investing in crypto seed sales is a risky business. IMO Newbies should not be doing any of this because they have no experience and cannot determine what project will succeed and those that won’t (even veteran investors cannot boast of predicting altcoins).

These crypto experts who dish out free advice to newbies always have a end game, something to profit from their recommendations. They could be working with the project and are only interested in shilling the coin to you. Bitcoin remains the safest crypto investment one can make. The simple strategy is to buy and hodl.

[Knight Hider]

That's advise from an altcoin bag holder, not an investment professional.

[Zaguru12]

What do you think about this financial advice from a self acclaimed crypto investment professional telling newbies not to consider investing in the top 100 cryptos of which bitcoin is included, if they want to make profit?

It is not a financial advice, a financial advice actually relates the risky level of a business to the reward and and when the risk is higher they warn against it. Putting money into shitcoins is never investing, because investments doesn’t carry the same risk as gambling and shitcoins are pure gamble. It would have been better if the he even suggests the other top 100 coins because at least some of them with good devs could yield profits too, although I regard all money put info Altcoins as pure gamble regardless of which position there are.

But the problem is, now that you know those right coins, the same way you can make the right choice and it can change your life today is also the same way you can make a wrong choice and everything you are going in with will vanish.

This is not a problem because you can never know which of this shit coins will actually stay for a longer time or rug pull in a short period of time, the most certain thing is that they all get rugged pull either after few months of launch or after their first bull run. If you want to gamble in all this things you just split the amount you want to gamble into all of them and wait for the time to see the results just like sport gambling

[hatshepsut93]

These "crypto investment professionals" are making money by telling newbies to invest in scams. That's how they become rich - not by investing themselves but by scamming others. You should forget about getting good advice in crypto, you need to use your own skills and rely only on yourself.

[Dunamisx]

What do you think about this financial advice from a self acclaimed crypto investment professional telling newbies not to consider investing in the top 100 cryptos of which bitcoin is included, if they want to make profit?

Common and wake up, this is not about the Binance exchange we are talking about yet, it's all on how you could use your money wisely for a profitable investment, if you're trading cryptocurrency, then the risk lies not on the kind of exchange you're using, but the currency you're dealing with and how vast your knowl is about understanding this and what is at stake, most people get into something they don't even know about or have an idea of, who should be responsible then.

[Rikafip]

I see sense in what he has said.

There is absolutely no sense in what that so called "cryto investment professional" said. Chances that a total crypto newb will invest in a right low cap altcoin that will make him a fortune are similar to winning a lottery. Instead, those that are new should start slowly with bitcoin and maybe later expand their portfolio once they get themselves more familiar with the market.

Some of the coins that will give someone a life-changing profit are not even listed among the top crypto exchanges; some volume and liquidity did not even qualify to be listed on Binance; they are just some shitcoins and new projects whose potential has not yet been discovered.

Focusing on life changing shitcoins is a fools errand.
 

[nelson4lov]

The key takeaway from that screenshot is that the "crypto investment professional" is advising new usersto dive in instantly into shitcoins trading. This are the kind of people that portray as a get rich scheme which ultimately results in a loss. If this is how newbies will be onboarded to crypto in the future (onboarding => degenerate).

The reality is that only 1 out of 100 shitcoins launched everyday ever make it to a profitable state and the professional is edging people into it from the get-go. Such a pity.

[Egii Nna]

What do you think about this financial advice from a self acclaimed crypto investment professional telling newbies not to consider investing in the top 100 cryptos of which bitcoin is included, if they want to make profit?

I will say this person is not really a crypto investment professional, or I might just address him as a scammer or someone that is trying to mislead people, most especially newbies, that have no knowledge about crypto currencies yet, because if truly he is a crypto investment professional, he will not terminate the most trusted and reliable cryptocurrencies and end up promoting sheet coins for his selfishness. Because that is what his post describes: he just doesn't want the newbie to make it in the crypto space.

That is why I always encourage the newbies not to believe anything they come across on the social platform; if not, they will end up misleading them, and they will think that the crypto space is just a forum for scammers due to the people they end up trusting on social platforms. But when they ever see information that is really worth believing, they should do adequate research on it before they will believe in it. If they engage in such habits, it will be so hard for them to fall victim to such selfish people who call themselves crypto investment professionals.

[Russlenat]

What do you think about this financial advice from a self acclaimed crypto investment professional telling newbies not to consider investing in the top 100 cryptos of which bitcoin is included, if they want to make profit?

He’s just trying to scam us with his own shitcoins. Once you fall on his trap, it’s like you are letting yourself getting robbed of the chances to be profitable with bitcoin, since we all know that we can’t trust other crypto coins in the market except for bitcoin which is the most legit and reliable out of them all.

This self-acclaimed financial adviser just proves that there’s no one to trust in the crypto market but only ourselves. So it’s better to get rid of him and his likes as he’s not obviously helping us but putting our funds in wreck.

[Pokapoka124]

$10,000 is not a small amount of money in my country and it is rare that a newbie would want to risk half of that in crypto. On a average scale, a reasonable amount would be $100-$1000. I think this is going to lead to a scam, this person is clearly targeting those with small capital and are eager to make ten times their investment. In short, this so called investment professional is indirectly proposing a get-rich-quick scheme.

[Faisal2202]

What do you think about this financial advice from a self acclaimed crypto investment professional telling newbies not to consider investing in the top 100 cryptos of which bitcoin is included, if they want to make profit?

He sounds like he knows some kind of secret that most of the people in crypto don't know about, newbies after reading this must be excited to hear more from this person and when they will contact him, he will definitely going to ask for money for VIP signals, etc. He is not 100% wrong here by making such a statement because there are many other low-cap and good potential tokens in the market that can make you a good profit. But, (this is a big but) only then you can make a profit from such tokens when you have a good knowledge to identify them.

For example taking part in pre-sales, IDO, ICOs, etc. getting tokens at a lower price and at the time of listing selling them at a higher price and then exiting the market with profit, and then using that money again in some kind of pre-sale. I know it is hard to digest but if you will take more risk by not investing in BTC for the long term, instead you will invest in such tokens for the short term, you can make a good profit.

I consider BTC investment a safe haven because it is safe in the long run, and you will get some profit on it, but is waiting long worth it to get 2x or 3x in BTC? That's a question one should ask to him/her self. BTW, I still consider BTC.

[Sanitough]

What do you think about this financial advice from a self acclaimed crypto investment professional telling newbies not to consider investing in the top 100 cryptos of which bitcoin is included, if they want to make profit?

Don't believe on what he’s saying, he is just making a noise to disrupt us from investing in bitcoin. It might be for personal reason trying to satisfy himself with quick money, but newbies should never listen to him but instead go take a good research. You will just prove to yourself that being rightly informed with help you avoid people like him and will help to avoid future scams as well. If you hear other persons talking like this, then DYOR immediately so you won’t fall on another scammer’s trap.

[tabas]

And that's why it is the logic of many investors nowadays. They think that the top crypto are no longer viable and they've missed the train already. Well, that's their way of thinking on how to invest in the market but they shouldn't misdirect their followers with their own thinking. And always add some disclaimer that it is their way of investing. It is generalization from their perspective which passed on the readers and thinking that she's the only right crypto influencer and investor. LOL.

[Davidvictorson]

What do you think about this financial advice from a self acclaimed crypto investment professional telling newbies not to consider investing in the top 100 cryptos of which bitcoin is included, if they want to make profit?

What I think is that you should invest at your own risk and invest only money that you can afford to lose. Every other thing is secondary. While the person may not be incorrect, holding your Bitcoin is better than playing Russian roulette with it. Well it may work for other people if you will not show about how to go about it hold.

[Botnake]

Never follow this type of self-acclaimed financial advisers as they don’t know what they’re talking about. Be responsible of your own funds and know where to invest it so that you will never regret your decision why you have to invest in the first place. And considering the fact that bitcoin is not on his list to invest, then this is very clear that he is just trying to take advantage of our funds.

Investing in bitcoin is probably the safest option to make in the crypto market. If you trust altcoins and shitcoins more than bitcoin just because you set to follow this type of adviser, then good luck to you. You will not lose eventually but your funds will never be secured also that you won’t lose them all in the end.