Don't let others control your crypto — Steemit

Don't let others control your crypto

in trading •  3 months ago

When you start giving crypto advice but your horse knows you sold at the bottom.

At the end of the day you are the one who uses your hard earned money to buy cryptocurrency. If you do not understand the product or value, and you only listen to "experts" on social media, telling you when to buy and sell, you'll be in big trouble and lose a lot of money.

Like one of my good friend pointed out: "If you trust someone other than yourself to buy crypto, you should also trust them when to sell." Do not be a noob. Do your own research.

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@tradewonk, Absolutely true point and that is because, we should not follow instead we should understand, and when we understand then we will get clarity towards one Subject.

When people blindly follow someone then they lack their Critical Thinking and when we lack our Critical Thinking when it comes to the Financial Matters then we can stand at the losing side.

And always we have to remember one thing and that is, no matter what people say, at the end of the day we have to take the action and we have to bear the results.

So it's really important to invest our time and effort, and by using our Critical Thinking in the subject matter we have to take decisions so that we can get the positive results.

Wishing you an great day and stay blessed. 🙂

I remember last January 2018 when the experts were predicting $40,000 Bitcoin by June 2018. I specifically remember that number because I did the math and it would have allowed me to buy my Lambo. We actually hit $6,000 in June. So much for experts. So much for my Lambo. I interview people actually working on projects before going after alt coins. As bad as Bitcoin was in the first half of 2018, the alt coins pose the real danger. They also have the highest up side potential sometimes. My non expert advice? Look at Airwire and 4NEW. Full disclosure, I have staking nodes in each of them. This is not financial advice. I am just sharing one non experts choices after doing my own research.

Very true @tradewonk. Crypto dealings need someone to be well informed about its dynamics inorder to be in a better position to make well informed decisions of when to buy and sell.

Thanks alot for that,this is what alot of people don't know. @tradewonk i upvoted you


very well said..😂😂😂😂😂😂😂😂 there are a lot of people who claim to be crypto experts but always misguide there followers...

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"It's better to die on your own sword than to die on the advice of someone else."

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It's true.

Hehehe.. rule of the cryoto-thumb : DYOR.

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Yes you are right..
Dont listen to anyone just do your own research before investing.

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