Let me answer to this.
I disclosed a lot of knowledge about the trading future, and options. I explained the basic stuff, vocabulary, and basic strategies.
I never told anyone how to trade their stash, when opening a position, and when closing it.
I never commented on other people's analysis or trading strategies (with only one notable exception).
So, I might or might not be involved in future, but I never tried to "sell" any trading strategy. Even more, I have too much respect for each one risk and time preferences, personal constraints knowledge or history, or other facts that might determine their trading style, to comment on other people actions, besides correcting factual errors.
It surely seems to be a bit of a dilemma fillippone, especially for someone who either does not have an outside cashflow already established to be able to attempt to spend a lot of time on bitcoin related matters and other stuff and not be wanting to attempt to monetize their time spent to some extent. I tend to recommend a variety of self-help mechanisms, and I also tend to be weary about purported experts - even when I am forced to consult with them - and not even saying that they are not necessarily very knowledgeable in their field if they do it full time, but there might also be a variety of vehicles that they employ to keep their clients dependent upon them rather than providing self-help kinds of knowledge.
I understand also that there are some clients that might just say fuck it. The fee is cheap enough (whether it is .5% per annum or up to 2%) that they might feel that it is well worth the fee - even though the higher the fee, the more difficult it will be to justify continuing with the use of such services, in the event that the advisor is custodying or the consulting is for one-shot time frames and perhaps flat fees?
Financial managers likely need to employ a variety of complicated financial instruments to establish to their clients that they are "doing something" even if some clients might realize that in the whole scheme of thing (including after the fees) their portfolio may well not be doing better than if they self directed into an index fund, and surely bitcoin should be providing further justifications that such complicated instruments are not necessary because on average bitcoin even outperforms the best of the prior investments (index funds), and so whether I personally am correct or not, I do not give too many shits, but many times when peeps are talking about a variety of sophisticated instruments, I still continue to assert one of the best places to start (especially in bitcoin) is to get your basics down, and in the longer term - (such as 4 years or longer - might take 10 years perhaps), your financial portfolio will quite likely outperform your having had employed a variety of other financial instruments into such investments.
So for me, getting the basics straight is a starting point, but it is NOT necessarily exclusive, especially if some peeps might feel that they have more time, then they might experiment with other financial instruments to attempt to complement their approach once they have assured that they got their basics straight, whether that is the use of futures, options, leverage, margin, shorts, etc.. some of them are easier to learn about and to figure out how to use than others...
And, yeah it seems to me that each financial instrument that is employed, there is a possibility that the investor is magnifying the risk, even though the instrument is meant to allow for the lessening of risk, if it is used properly... and another trade off could be that the employment of some of the financial instruments ends up taking away some of the upside profit potential because it ends up betting in both directions - which may or may not be needed in my thinking, so for example, when I got into bitcoin, I already had a significant amount of investment already into a variety of traditional investments that were largely dollar based. So, I had already figured that my bitcoin investment was already a hedge against that, and so even if I ended up accumulating a relatively decent amount of value in bitcoin, it still was not as large as my various dollar based investments - even though through the years - because of bitcoin's value appreciation relative to the dollar became so much larger and larger portions of my overall value and even outgrew the dollar-related appropriated investments, which at that point justified that I should attempt to take some measures within my BTC holdings to attempt to ameliorate some of the downside risk within the BTC portion (because its value became so great).
Of course, if someone is coming into investment, and they have no other investments besides bitcoin, then it could be prudent to actually consider hedging mechanisms right from the start... I doubt that I am really good at speaking to that.. but I do understand that the various mechanisms that I already discussed, including considerations of futures, might thereby become more relevant to a person in such a financial/psychological circumstance.
Hopefully I am not derailing your thread too much when it comes to attempting to consider basics before even considering whether futures might be a good thing for normies to attempt to employ...which seems to be part of the point that I am trying to make .. in a kind of long-winded way.
By the way.. in my response above, I fixed the quotes in fillippone's post to clarify which comments were from icopress - otherwise it may well appear that fillippone is merely talking to himself.. which might happen from time to time, but not in this particular case.. hahahahaha