Topic: Do your own research - page 2. (Read 455 times)
I've worked up to some people to enlighten me on crytpocurrency and they were never share what they know with me, I don't know if it's right to say they were been selfish, but what I've noticed is that a lot of people do not want to share their knowledge with others in that they feel you should go and do personal research just like they did or you should pay for the knowledge they want to share, above all, I've come to understand that what we find out by ourselves seems to gather more value in our sight, I've got to read about cryptocurrency, trading etc myself and I must say that those time spent studying were rewarding and I felt fulfilled, it was same experience with other subject matter.
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 m
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 m
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..
It always good to do your own research (DYOR). When it comes to anything investment , risk is a personal thing and no one wants to be hold accountable for having advise anyone to embark on any investment that involves risking of money. This is why you do your own research and take full responsibility for any outcome whether good or bad.
Have it mind that there is no business investment that is 100% safe guaranteed take with the grain of salt, That's why you should stick to that and always do your own research.
You maybe going through articles and videos as a research it doesn't mean all the content you went through on the articles and and videos are accurate, you make more research on what you have come across before to make sure if the information accurate. Research doesn't end with articles or videos, research is always continual process to get more prove of what you are looking for.
Thats pretty much my experience with advice on the internet too - specially financial advice, always comes with a disclaimer. But it just tells you that you need multiple points of research and just a single outlet of information should never be just trusted blindly. Suppose one source says something and every other source contradicts it, which advice would you actually take?
Its just a way of letting you know that you should consider other sources of information and make your own choice and they aren't responsible for any financial decisions that you make that may or may not cause you financial trouble. Because no one wants to then be responsible for possibly someone going bankrupt due to bad decisions made on their advice.
Its just a way of letting you know that you should consider other sources of information and make your own choice and they aren't responsible for any financial decisions that you make that may or may not cause you financial trouble. Because no one wants to then be responsible for possibly someone going bankrupt due to bad decisions made on their advice.
No one is perfect everyone just gather information and collectively post it as an article which gives some money for themselves so they are doing this as their job but as an investor you are looking to make profits has to do your research that means observe and analyse the make decisions that will benefit you either in long or short term.
Hahaha..... Do your own research! No site or any financial adviser would wanna assume responsibility for your loss should anything go bizarre and that's why they would always end up with such caution advise.
The thing is, try to accumulate much knowledge from different sources and don't depend on just one or two as you would be well guided eventually.
The thing is, try to accumulate much knowledge from different sources and don't depend on just one or two as you would be well guided eventually.
*Do your 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
Hello Mr. Youtuber, This was supposed to be my research for crying out loud
This is a funny one, lol... on a serious note, I couldn't stop laughing after going through OP, its sensitive but in a funny way. Just that you take note, it's a phrase and an important directive at that. No one would want to take credit for not applying there strategy correctly and as such, they are sure to come up with a disclaimer. When it comes to trading, strategies aren't always suited for everyone trader the same way and some could be commodity or trading pair dependent. Like, there are several constraints that could make a working strategy go south.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
Hello Mr. Youtuber, This was supposed to be my research for crying out loud
DYOR at times could mean, testing the workability of a technique by applying it on a demo trade or what have you, to come up with what works for you or device a means to applying the strategy differently and get the type of result that you want. Approaches to trading the markets do change and these written books or contents online are history.
Doing your own research is completely different from seeking for financial advice. To establish a good research you can correlate information gotten from youTubers or any financial site to other source of financial advisers.
A good investor don't depend on one source of information. To make a concrete proof a project is worthy of your token you have to seek different content from different sources. In the speculation of two or more advisers there must always be an iota of truth
Paid contents could still have some valid information so trying to merge two content can establish a valid investment hypothesis. Since you can't develop a research from thinking you either read up on a project or watch investors make speculations.
A good investor don't depend on one source of information. To make a concrete proof a project is worthy of your token you have to seek different content from different sources. In the speculation of two or more advisers there must always be an iota of truth
Paid contents could still have some valid information so trying to merge two content can establish a valid investment hypothesis. Since you can't develop a research from thinking you either read up on a project or watch investors make speculations.
You don't have to do the exact thing that a motivator is telling you to but do learn from it, we are been told to do our own research because we think differently and we handle things differently, we are all humans and I believe we can get better than those who are experts in this field today.
They're saying, “This is not a financial advise, Do your own research” because they are never 100% certain of their recommendations. And also they don't want it to appear as if your decision is solely based on what they're saying. In other words, a blind decision. And definitely many of them are not financial advisors really.
In terms of investing in cryptocurrency, what does everybody say? If everybody is saying buy Bitcoin and everybody is also saying, “This is not a financial advise, Do your own research” then perhaps buying Bitcoin is the right thing to do. But in terms of short term trading advice where everybody is saying a different a thing from each other and they're all saying that people should do their own research, that's the time you should be wary. Because speculation is a guessing game. There is nobody who could claim certainty of their analyses.
In terms of investing in cryptocurrency, what does everybody say? If everybody is saying buy Bitcoin and everybody is also saying, “This is not a financial advise, Do your own research” then perhaps buying Bitcoin is the right thing to do. But in terms of short term trading advice where everybody is saying a different a thing from each other and they're all saying that people should do their own research, that's the time you should be wary. Because speculation is a guessing game. There is nobody who could claim certainty of their analyses.
For financial advice to actually be provided without a disclaimer the person has to be licensed and also has to provide direct advice specific to the client's needs. Any advice legally acceptable to be given without a disclaimer will be extremely broad - and generalised advice is normally bad.
You have to be able to do your own research, learning and determining when it's safe/acceptable to take managed risks.
You have to be able to do your own research, learning and determining when it's safe/acceptable to take managed risks.
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..
Sometimes we need to seek up wide variety of information we get online since there are so many data's given and some of those are totally nonsense or misleading that's why many lose even if they follow what those information provided to them. This is why we need to do research and learn from our own experiences since this is the most important thing if we want to learn something that can be beneficial to us in the long run.
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 .
The DYOR phrase is frankly just stupid. An average joe who has no expertise in the field can't do any meaningful research. At best you can interpret it as "read multiple sources", but the problem is, all of those sources can be garbage or being owned by the same entity. Crypto sphere is full of paid shills, so when you google "should I invest in coin X", you will likely find dozens of paid articles and social media posts. Bounty campaigns are actually doing exactly that in the open.
If you will try to make an objective analysis, you will realize that nearly all coins are just worthless, they don't offer anything useful and their claims are unrealistic. Yet despite of that, they can pump like crazy, because someone is manipulating them. And there's no way to tell which coin will get pumped and when.
If you will try to make an objective analysis, you will realize that nearly all coins are just worthless, they don't offer anything useful and their claims are unrealistic. Yet despite of that, they can pump like crazy, because someone is manipulating them. And there's no way to tell which coin will get pumped and when.
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 you've said, always do our own research instead of asking for financial advice from someone or random people on the internet.But you're right again, there are too many contents on Youtube or even in blogs/articles that you will learn and make as your preference as a financial advisor. Just look at this, ( how-to-choose-a-financial-advisor ), read the content, and learn on it, not just the ads.
Do your own research (DYOR) is always the best practice ever.
No matter how hard you try, you can never get what you want 100%. You have to learn more by yourself as nobody will want to give you anything for free and have to work hard to earn it. As you can’t get anything you want outside, you’re in the right place to learn and get more knowledge about bitcoin and cryptocurrency at large. Always ask question and get an answer from many experts who are into it for a while now.
You are wrong! They are right.
I don’t think anyone will advice you to do your own research on a video/article like "Is it good to buy cryptocurrency". They will only say that when they will write article or create video on a specific project; can be " Should I buy Cardano?". That makes enough sense why did they say. I may say Cardano is bla, bla, bla. But they can be true or maybe not but you can DO YOUR OWN RESEARCH. I guess it makes enough sense. You are taking it in a different way.
I don’t think anyone will advice you to do your own research on a video/article like "Is it good to buy cryptocurrency". They will only say that when they will write article or create video on a specific project; can be " Should I buy Cardano?". That makes enough sense why did they say. I may say Cardano is bla, bla, bla. But they can be true or maybe not but you can DO YOUR OWN RESEARCH. I guess it makes enough sense. You are taking it in a different way.
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..
Basically, this forum is a great place to get answers to all of your concerns because the members of this forum are here to share their bitcoin and general life knowledge and experience.
One language I’ve observed very often when it comes to cryptocurrency is “Do your own research”
This is very right as it is expected take personal research before looping into anything else especially when it comes to crypto as a whole, but should we call it laziness or unchallant attitude that makes people rely on what others say without taking their own personal 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”
You understand how inquisitive some people are to the extent of getting one frustrated, all they will prefer is you doing it for them after you would have explained on several occasions, well i understand individuals learning abilities to differs from each other but nevertheless taking some research could have help a long way.
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..
There are but few, i can't recommend any personally, but the extent of your research both online and in person could help along, and never trust any article online as they appear to be detestable and finally, know that everything you do involves risk, but always ensure your chances of winning to be greater than loosing.
The idea of doing your own research is to do your inquiry and not just take an advice cause a user said so.
For example, if a YouTuber makes a video about a new trading strategy, and says you should not take their word as financial advice; It means you should research more on that strategy, and possibly try it out in demo mode to confirm that it works, that way you will see the result of the said strategy and if you choose to adopt it, it would be because you've seen it work and not cause someone said so.
For example, if a YouTuber makes a video about a new trading strategy, and says you should not take their word as financial advice; It means you should research more on that strategy, and possibly try it out in demo mode to confirm that it works, that way you will see the result of the said strategy and if you choose to adopt it, it would be because you've seen it work and not cause someone said so.
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
Do more personal research and verify the content rather than trusting the person's word. Jump to: