Topic: Some Crypto investor beginners are acting professional impacting wrong knowledge - page 2. (Read 312 times)

There is so much liberty in the crypto market that is why we keep seeing people making repeated mistakes without proper understanding of what is necessary and what is not worth it. We need to keep aspiring for information because this is one of the ways we could earn and  make money from the market. If we keep seeing newbies that are claiming that they are good and I've been in the market for long, we just have to leave them because they would sokn learn, maybe in the hard way and this normally teaches a lesson.

This isn't a new thing. However, it's very important as a beginner to gain full knowledge of the crypto industry before trying or embarking on a journey to teach others. This way, you don't go around bragging about what you don't know, which might end up leading you into trouble. A lot of newbies forget the most basic fact about this industry, which is that any decisions you make will affect you either negatively or positively, and you aren't only damaging your reputation, but you might as well damage the reputation of the coin you are informing others about.

Having full knowledge of how everything works is the most essential before teaching others, but some newbies these days have failed to understand that part and rush into educating others. Just as you have said, OP, to gain full knowledge about Bitcoin and the crypto industry, it would be best to introduce an average Joe to the forum. Here, he will be able to learn by asking relevant questions and having the opportunity to be replied to by top professionals and OGs in the Bitcoin network

I've been investing on bitcoin for couple of months now and had also gained great height of knowledges including lessions learnt from those who has shared their bad investment experiences here in this forum, I've a long way knowledge that I can also impact on anyone that's willing to invest in this crytop industry but honestly I don't feel comfortable bringing anyone in yet unless the person has the his personal desires and then I'd contribute to the best I can.
Oh yes, I concur that I'm still I'm still under process of learning more. If I may ask, would learning about this crypto spheres ever end? Do we have investors who'd say they've graduated and are confident in all ramifications of this crypto industries? I guess not so anyone with little knowledge can't as well extend to the next person but the advice is that if you're not sure of yourself acquired knowledge without even an experience, then it doesn't make sense trying to hype yourself at some who tends to learn from you at where you're literally dump head to the system.
Lead but don't mislead.

Me, I've got blamed for the losses of some of my friends because I was the one that has introduced them.

I guess that many of us have got the same experiences here but yours is different because they've invested into some memes.

Majority that have been pumped on 2017 bull run and then got into 2018 bear run, it's sure that many have been blamed for that bear market.

You would see more of this as the Bitcoin halving draws even closer. It's just the fever/fear of not missing out. I personally have experienced so much talks about crypto-currency recently in my area than last year. Many even suggesting to me lots of opportunities in their own opinion. Many people are looking for a way to break out of poverty and they have this wrong mentality that Crypto-currency is the fastest way out of it.
I would say some of this attitude runs deep as to who brought them into crypto-currency, the ideology behind this and not telling them about the risk. I see some even talking about mining Altcoins from sources they can even verify their authenticity. We may have some cases of scam on the increase soon

I've never done something like this before because I understand how difficult it is to invest in bitcoin. Bitcoin investment is not for everyone, we are all different. You can only introduce someone to bitcoin, but they will still invest in altcoins to double their income while not knowing anything else about it. Some people think that bitcoin and altcoins are comparable, while investing in both gives the same profits. When it comes to investing, we don't have the same views, some people see it as a quick way to make money, which is why I rarely tell people about bitcoin because if they invest in another coin and lose money, they will blame the person who introduced them, some people may even demand that you repay the money they invested.


Even in this forum, it is not normal to introduce someone while you are not prepared to teach him how the forum works, because most people are too lazy to read, they can't do anything on their own, they need to be motivated, we can't just introduce someone without telling them anything about this forum, they may do something that violates the forum rules and regulations.

I have only introduced few persons to bitcoin, but not telling them to invest, and so far it was only one of them that came to me that he wants to learn more. I told him that the best way he can invest in bitcoin is when he wants to save for the future, and he was okay with it.

It is good that when we are talking about cryptocurrency out there, you should not mentioned shitcoins, but only bitcoin and let them know that it is not something that can give them funds immediately but it can in the future. No need of over hyping bitcoin, because this is where they will get it wrong.

Twitter and social media platforms have contributed to spreading the culture of cryptocurrencies, where friends boast that they have made hundreds of dollars from the rise of DogeCOIN and Sol. It is natural for new traders to believe that these currencies are good, especially since Bitcoin withdrawal fees are high and the time to obtain confirmations is slow, but when they have been in the market for a long time They will discover that trading and investing in Bitcoin is much better than altcoin

I didn't teach anyone about cryptocurrency until I was fully grounded with partly enough knowledge that I consider enough to share with other newbies about whom I was more knowledgeable than them in terms of crypto. Right from the start, I make it clear to any of my friends that want to invest in crypto that I will never be held accountable for any losses they will encounter, and I don't even advise my friends to invest in altcoin because it is quite risky. 

@OP, you know that people's personalities and levels of knowledge are quite different from one another, and as such, misconceptions are inevitable because there are still newbies who will continue to teach other newbies about the wrong route to investing in cryptocurrency. Due to the misconceived idea that some people have had, which resulted in a bad investment for them, that's why they never liked cryptocurrency again.

I have no beginners, so I never got blamed.

Most people don't care with knowledge, learning, Bitcoin, improvement, adoption etc. What they care is money, that's why even though you've advise them to only invest in Bitcoin, sooner or later they will try to invest in shitcoins.

Those beginners who act professional must be a content creator or want to get validation. If he's a content creator, he make money from it. But if he's someone who want to get validation, he want to hear people say he's success and this kind person don't mind to flex his wealth.

By redirecting or doing some shortcut teaching about investment can cause a lot from those newbies since they can't able to decide as good as those experience investors that's why its better to divert their attention on learning first before they participate on risky activities.

They must be aware about scams and other risky situations so that their expectations will not go higher and they always think about doing their own research first and have critical thinking on each decision they want to make. So they really need to research everything they want to know about this to avoid unnecessary loss and can possibly get into more higher chance that they can earn.

They also should be aware on pump and dump happening in the market so they have an idea about how to deal in this situation to avoid doing some bad misconception on each movement and can able to monitor then learn for something useful for them to learn. Newbie should not get tired to learn new knowledge everyday since this is really brings good help on their investment career.

I barely introduce people to crypto, and even if I do, I don't tell them to directly invest in them, which is the one place most people make mistakes.
 
I feel free to share crypto knowledge with those who need it, and up to the level at which I understand it, I will help enlighten you and show you how it works and how things are being done. Whatever decision you make from there is left for only you to bear. 
 
All crypto that can give you profit is completely volatile; it's left for you to do your research and look for something worth investing in.
 
One needs to look beyond the pump and dump of a token if they want to survive the market because hype can trigger a massive pump, but it will only take a coin with a good use case to maintain that market; if not, it will crash down just the same way it skyrocketed to the top.

This is the best thing you can advise a friend if a person really wants to help him. But most often, it happens a little differently. Someone learns that you can somehow make money in crypto; he starts on his own, and, wanting to be a leader, in order to seem important, he begins here and there to advise his friends to invest money everywhere. This is human psychology; many people lack recognition, but here he may seem cool. As a result, both he and his acquaintances lose, and such a person again finds himself a fool.
 
But there are also real friends who, realizing that they have found a place where everyone can learn a lot of information not only from him but be on an equal footing with everyone else and ask the majority, will definitely tell about this forum. In this case, people are given the freedom to make choices, make mistakes, or improve their knowledge and experience.

I don't introduce people to crypto — as it's highly more likely that they mess things up than them ending up in profit.


You simply can't force everyone to properly do research and their own due diligence. Most people are simply not fit for bitcoin/crypto investing and/or investing in general.

Newbies Stop Teaching When You Need To Learn.

I believe newbies only start to feel amazing and have intention to teach other newbies, introduce, invite someone else to join a new discovery, if they already gained benefit, profit with their own experience.

Teach about the Bitcointalk forum, teach about Bitcoin, investment, trading, is not what actual newbies do.

Not everyone will know this forum. Ignorance also means you will think that you know it but ones you are seeing other people discussion, you will later know that you are newbie to what you thought that you know. But if someone know about this forum, it is good to tell friends about this forum. But that does not mean that you can not discuss about investment and share ideas. Not everyone that you introduce to this forum will even continue to be active while some people will not even bother to post or learn anything at all on this forum.

It is not wrong to introduce a close friend to Bitcoin even if you are just a few weeks in, especially if your friend is the type who shares investment ideas, plans, and dreams with you. However, what I find unacceptable is when a beginner, who has only been involved for a few days and invested a small amount during a bull market, immediately opens a Telegram channel to start analyzing prices or a Bitcoin YouTube channel to encourage others to invest solely based on a minor price increase. I have done the former one but not the latter.
This is the most annoying one. Beginners always know one person who knows another person that made a lot of money from memecoins, airdrops but not the real deal - Bitcoin. When they catch the memecoins fever they quickly urge all and sundry to join in. Of course memecoins gains for the individual is higher with their referrals and that's what they do.

Well what I think that they do now is that they know some of these meme coins are scams and do not pay so they going do with the mindset that it may turn out well for them or end badly.

I just discovered that lot of  the beginners in this Crypto industry has been acting without hesitations to also introduced other people to the industry when they (beginners) are still understudies trying to gain the primary knowledge of the industry yet but they goes out there acting to be professionals insighting variable orientations to people around them that are willing to Invest in the Crypto markets.

And finally they ends up investing in the Altcoins and Meme projects with highily volatilities where they get their funds lost due to the fact of wrong impacted knowledges by the beginners who has not even gained its ground of being learned about how the crypto markets and the various coins actually works via their differential potentials.

How many of you beginners has done this act? Or how many of you amongst us has ever introduced anyone to this Crypto industry and later on you got blamed for their lost of funds?

I think we need more orientations particularly to the beginners so they don't take the act of over excitements that they are making incomes in their crypto investments and tends to initiate others to the system without proper orientations.

Persists on this acts would usually end any of us like that being blamed for misleading to the lost of funds.

It is better of you introduce the person to this bitcointalk discussion forum to learn by itself than you claiming professional to them while you are still a beginner.