Post
Topic
Board Economics
Re: The Risks and Rewards of Cryptocurrencies
by
CarnagexD
on 06/12/2019, 18:58:23 UTC
Risk of cryptocurrency when price of bitcoin or altcoin have lower and we bu with higher price, many investor and trader always allowing with what people said and they investing with coin suggestion by the other, when you buy some coin by recommendation from some one you make mistake because he has sell his coin and make you buy it.
Well that's what happen most of the time but I'm sure that there are some good advices coming from other professionals which usually are paid advice however following someone else's suggestion is the same as letting other decide whether your money will grow or opposite and people with right mind will never do that.
It happens for a very natural reason, market is speculative. Seeking professional's help is a way of making your decision based on what the other's view on the market which I totally not recommend. Another thing is, one's view depends on the experience and affordability to lose, I bet these professionals had also lost and already have an idea what the market could be which everyone would not uderstand.

If you want some suggestion try to seek professionals with no motives otherwise it's basically the same thing.
I don't see professional people here, imo, just experienced ones. Not talking about the financial advisors though. Seeking professionals with no motives? what do you mean by that?