Topic: Do your own research (Read 451 times)
The purpose of doing research is to gather genuine information from authentic resources and come to a conclusion. I agree, there are a lot of fake channels on Youtube which sell fake content for views and money, but you should take their recommendations with a pinch of salt. Look for relevant information, compile it, and analyse. I’m sure you will find a way.
In crypto nothing can be predicted surely. Because we don't know about the market what's going to happen.Because if market prediction, chart analysis and all the indicators indicate that price will pump but suddenly whales can dump by selling a huge amount of Cryptocurrencies. So that's why everyone says do your own research because no one can be responsible for the lose of your hard earned assets
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That's why we should learn about market prediction so that we can make our own decisions.
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That's why we should learn about market prediction so that we can make our own decisions.
It's indeed good thing to your own research , during when I started my crypto journey at first I depending on people to list some coins to buy until I came across a Youtube video that suggests doing your own research is good thing for any investor , which I bought the idea and it has really helped me take wise decision and choosing right coins to buy.
Not knowing a coin to buy as a beginner is like not having direction. Research is necessary for a beginner who want to start crytocurrency trading , learning is the principal thing for a starter I'm crytocurrency.
It's indeed good thing to your own research , during when I started my crypto journey at first I depending on people to list some coins to buy until I came across a Youtube video that suggests doing your own research is good thing for any investor , which I bought the idea and it has really helped me take wise decision and choosing right coins to buy.
One language I’ve observed very often when it comes to cryptocurrency is “Do your own research”
As a matter of fact, some person might want to advise you on trading coins then at the end of the day it comes down to “I’m not a financial advisor so do you own research”
I understand the person might not want to be responsible if his advise goes south but now when you talk about doing a personal research, reading your article was a personal research for me
I know that YouTube has a lot of content but we can all admit at times the YouTubers don’t hit the nail on the head, some are paid contents, And we still get “This is not a financial advise, Do your own research”
Hello Mr. Youtuber, This was supposed to be my research for crying out loud
So Now my question is: Are there specific trusted sites that can narrow down ones knowledge on investing in cryptocurrency and can boldly say “This is a financial advise” because there are so many contents out there and some of them are contradictory..
As a matter of fact, some person might want to advise you on trading coins then at the end of the day it comes down to “I’m not a financial advisor so do you own research”
I understand the person might not want to be responsible if his advise goes south but now when you talk about doing a personal research, reading your article was a personal research for me
I know that YouTube has a lot of content but we can all admit at times the YouTubers don’t hit the nail on the head, some are paid contents, And we still get “This is not a financial advise, Do your own research”
Hello Mr. Youtuber, This was supposed to be my research for crying out loud
So Now my question is: Are there specific trusted sites that can narrow down ones knowledge on investing in cryptocurrency and can boldly say “This is a financial advise” because there are so many contents out there and some of them are contradictory..
Short answer, No. Because predictions in the economy is near impossible to predict and people just don't whant the responibility. But I get you, watching that video was the damn reserch XD the thing is, the topics are extremly complex and therefore people that fo give out financial advice usually only did some of the reserch and are presenting it from one point, but it wouldn't be possible to do all of the reserch and that's why that advice is never actual advice.
Even after understanding how the whole market works it can still go against you, this shows that everything in this world is risky, if you dont take a risk you are at risk of not making it, if you take risk you are at risk of not getting anything in return and also getting something in return, the worst one is not doing anything, do your own research and choose your own risk.
For my opinion In investment, all the decision is all yours so you need to do your own research and read all the important thing in investment, and if you are done with that you can start investing but not just big about any try to regular or a good amount for you to invest and observe the site that you are investing cause some sites are fake and lead you to scam and to prevent that observe and study is the best way.
Since you read that many times then do the opposite of that. Try to invest in any cryptocurrency you may find interesting without doing research and see what happen. My guess is that you will get scammed or lose the current value of what you have invested or anything that you do. That's why it is common for people to say that you should do your own research to avoid what you should be avoiding like getting scammed or non-profit trading nor investing.
Most YouTubers are the worst financial analyst you can ever depend on to make any investment decision. Doing your own research is different from waiting for signal from influencers. It simply means knowing the intention of the developer, what the project has to offer to the economy, it's market capitalization, it's ATH, ATL and the rate at which if keeps rising and falling. You can also add the content of the white paper to your research tool
You are not different from the people who are experts they are human like you. They did research to give you the information which you get from them and the information may not be true, research can be done by you too for you to get genuine knowledge than to only take false information from others.
Yes of course they’re not different.. I know One first of all have to gather all possible knowledge and information one can lay hands on. My concern was how am i to gather information if the people I’m to gather from do not trust the information they’re ditching out. I mean cannot confidently say this works and this doesn’t. I get the whole point though. Scalp here and there and make facts for oneself.
One language I’ve observed very often when it comes to cryptocurrency is “Do your own research”
As a matter of fact, some person might want to advise you on trading coins then at the end of the day it comes down to “I’m not a financial advisor so do you own research”
I understand the person might not want to be responsible if his advise goes south but now when you talk about doing a personal research, reading your article was a personal research for me
I know that YouTube has a lot of content but we can all admit at times the YouTubers don’t hit the nail on the head, some are paid contents, And we still get “This is not a financial advise, Do your own research”
Hello Mr. Youtuber, This was supposed to be my research for crying out loud
So Now my question is: Are there specific trusted sites that can narrow down ones knowledge on investing in cryptocurrency and can boldly say “This is a financial advise” because there are so many contents out there and some of them are contradictory..
Doing your own research should lead you near your answer after going through few articles, they feed you with important tips and point that can help you on your way so its left for you to gather all the information you find useful and apply them. As a matter of fact, some person might want to advise you on trading coins then at the end of the day it comes down to “I’m not a financial advisor so do you own research”
I understand the person might not want to be responsible if his advise goes south but now when you talk about doing a personal research, reading your article was a personal research for me
I know that YouTube has a lot of content but we can all admit at times the YouTubers don’t hit the nail on the head, some are paid contents, And we still get “This is not a financial advise, Do your own research”
Hello Mr. Youtuber, This was supposed to be my research for crying out loud
So Now my question is: Are there specific trusted sites that can narrow down ones knowledge on investing in cryptocurrency and can boldly say “This is a financial advise” because there are so many contents out there and some of them are contradictory..
You are not different from the people who are experts they are human like you. They did research to give you the information which you get from them and the information may not be true, research can be done by you too for you to get genuine knowledge than to only take false information from others.
Doing our own research will indeed be more suitable and easy to understand because we do research independently based on our goals and our skills. following other people's strategies that don't necessarily match ours will only make us confused, therefore we must be able to do our own research so that we know more or less what. to start here, whether it's trading or investing, my advice is to start with small capital first, do research independently with market understanding, learn from mistakes that have been made so that you can do better in the future. all that needs to be done so that we know what to do and what suits us, whether from a strategic perspective or otherwise.
One language I’ve observed very often when it comes to cryptocurrency is “Do your own research”
As a matter of fact, some person might want to advise you on trading coins then at the end of the day it comes down to “I’m not a financial advisor so do you own research”
DYOR – Do Your Own Research, is a caveat emptor and it goes to show how the adviser or writer tries to extricate themselves from any form of blame if the advice backfires. It's the same way journalists/writers use "allegedly" to evade libels or slander in their write-ups and speeches. For cryptos, DYOR is an advice inside an advice that reinforces the fact that no individual is certain where price can head to or of the rate of success any project can get. It's not surprising that people like to rely on the research of others to make and take decisions, claiming they're standing on the shoulders of giants to see far. Most times these supposed giants are even mediocres who don't actually know their onions. Invariably, it should be nice for everyone to do their own research by themselves before embarking on any form of investment. As a matter of fact, some person might want to advise you on trading coins then at the end of the day it comes down to “I’m not a financial advisor so do you own research”
The statement that a particular content be it a YouTube video or an article is not a financial advisor is a disclaimer.
It means that the content producers are not liable for any lose you will incur and neither will they share with your profit.
Besides, financial advisors charges for their services and those random videos or articles creators do not charge to offer the free services.
Telling you to do your own research is a clear indication that the final judgment solely depends on you and not any third party.
It means that the content producers are not liable for any lose you will incur and neither will they share with your profit.
Besides, financial advisors charges for their services and those random videos or articles creators do not charge to offer the free services.
Telling you to do your own research is a clear indication that the final judgment solely depends on you and not any third party.
Emphasising on YouTube, i will inform that YouTube channel and other online article will at least give you the pre understanding of whatever you are searching for, and when you start practicing it physically it will more easier for you to coup up than to someone who doesn't have pre - concept of it, so you should understand that information gathered online will not make you perfect because it's more of theory, so what makes people to be more perfect to anything is the practical aspect of it.. with what you gathered online and the information of the community can make you to exploit or understand more better.
To be frankly speaking, I bet you you will never find such website that will boldly say "This is my financial advise", do X or Y and get Z. Because one basic thing you need to understand is that everything in this life is a risk. Life itself is also a risk, because you don't know what may happen the next few seconds.
In the same context, you may find people have their own private channels which ask new comers to pay for getting their investment advice. I saw many of them in telegram/discord and closed rooms. This is another method to deceive others in a fancy way so users think it's a trusted advice as he paid for.Unfortunately, many people follow those profiles without doing any simple research either for the advice itself or to search about the credibility of the one who gave him the advice. Stay away, if someone found a way to become rich, don't expect him to share it with anybody else .
I’m aware of these fairy tale financial advisors that end up swindling peoples money.. Thank you for putting this point out.
In my opinion, if you adopt someone's strategy, you will not have any personal skills. I think you need financial advice but don't ignore your own opinion. You can take this advice from various advisors but before that you have to analyze what you need, understand with yourself. Always try to figure out how you can be successful with your own research.
OP just want a full guidance that's written well so that he can read and understand but it I think he's having a doubt of himself if what he would seek won't be enough for him. Of course, that won't be enough since se all have different perspective on something maybe I understand some certain topics but for you, you are having a hard time to understand it and the same goes for me if I'm in your shoe. That's why I agree what was the above said that learning is a never ending cycle you must continue to do your own research even if you see the information you need since I'm sure there's something still missing on it.
I've come across some certain people in life who appears to fake things in disguise, what you don't know you don't, and that which you do must seek for more, learning never ends, some get expose to just a tip of an ice while thinking they knew it all and failed the test of time along the process, it is very crucial to understand that learning is a continuous process, even on bitcoin we have in place some improvement programs "bitcoin improvement proposal" (BIP).
In my opinion, if you adopt someone's strategy, you will not have any personal skills. I think you need financial advice but don't ignore your own opinion. You can take this advice from various advisors but before that you have to analyze what you need, understand with yourself. Always try to figure out how you can be successful with your own research.
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