Quote from: Ratimov on Today at 06:46:59 PM

Quote from: Marvell1 on June 01, 2022, 04:23:23 AM

I have a friend who invests in cryptocurrency like me, he is an investor hold Luna and he has also lost quite a bit because of Luna. But what's more sad is his 2 best friends. Those two are also hold a lot of Luna's and Luna's crash causes them to lose all their possessions and become insane. As he said, one person has gone through the crisis and one has not. Those two guys who invested in Luna were all from my friend's advice. He said it was he who indirectly harmed them, money can be earned, but his friend are gone.

This is a sad story that I have heard. Through this story I want everyone to know 1 golden rule in investing is: never give financial advice to anyone. By the time you give them financial advice, you may feel like you're one step ahead of them, but if that advice is wrong, you could be the one hurting them.

This golden rule works not only in crypto investing, but also in other aspects of real and virtual life. If you give someone advice, and it works, then you will be praised. If it doesn’t work, then you will face negativity, censure and almost an accusation of all financial losses. After all, it is not for nothing that they say that it is free advice that costs the most.

In investing, the golden rule is not to trust anyone and think only with your own head.

You are the ones who should really be trusting with your own decisions in regarding with your investment thats why its really that sensible that you should really make out some in depth research before

making further step and come to mind off that it was your own money which means you do have the full control on what you should gonna do.Invest on the amount which you can afford to lose

plus having that kind of behavior on where you dont really hear up with others suggestion and recommendation.Always rely with your own preferences and likes.