Topic: Some Fiat Financial advisors are such hypocrites when it comes to Bitcoin (Read 426 times)
May 29, 2022, 11:35:07 AM
That's just how they do because if they don't bad mouth bitcoins people will lose interest in what they will advise and they will lose their job and source of income. they are just doing everything they can to protect their source and of course, since no one will gonna punish them, they will do what they want from bad outing it to prevent people from investing in bitcoins. Thankfully, people are smart nowadays because of the biased media, they won't just take anything that people said on TVs rather they do their own research and most of them came up with good news when it comes to investing in bitcoins.
May 29, 2022, 11:21:04 AM
What were you expecting? I mean these are the people who are making money from the fiat investments like stocks and gold and so forth. These people need to make sure that bitcoin is doing badly so that they would be able to make some profit. I know that it is not a simple thing but at the same time we are talking about something that would be a lot better in the long run if you could hold bitcoin and it would make them lose customers and in return lose revenue and they do not want that.
I personally never use hedge funds or stuff like that, brokers and people who are looking to make a profit from what you are doing are not really that much caring about how much you make, they care about what they make.
I personally never use hedge funds or stuff like that, brokers and people who are looking to make a profit from what you are doing are not really that much caring about how much you make, they care about what they make.
May 29, 2022, 05:00:39 AM
They are such hypocrites. Some of them are just talking when the trend is there, or when the topic is popular but if not, they ignore or snob it.
Some of them just keep talking just for the fame and money too for sure. And most of them also the reason why some people are losing money too.
That's noticeable. A lot of them come out when it's a bull run but look after them when it's a bear market, the actual real people in the market are there talking and giving their opinions despite the bear market, they'll still say that they're bullish no matter what. These hypocrites and bandwagons from the fiat market will tell something that would be in favor of their audience because they've already built their community and look how expert they are just after a few weeks or months of studying the crypto market. Some of them just keep talking just for the fame and money too for sure. And most of them also the reason why some people are losing money too.
May 29, 2022, 04:52:13 AM
They are such hypocrites. Some of them are just talking when the trend is there, or when the topic is popular but if not, they ignore or snob it.
Some of them just keep talking just for the fame and money too for sure. And most of them also the reason why some people are losing money too.
Some of them just keep talking just for the fame and money too for sure. And most of them also the reason why some people are losing money too.
May 28, 2022, 11:49:36 AM
Media channels,especially television, are often abused by financial advisors who sound like they are taking advantage of the situation. where famous people or even the government might also be involved in voicing it. to be more careful before investing money in digital assets especially bitcoin. Well we know the reason behind it 
But it's a shame that moments like that are very easily caught by most ordinary people who ultimately think bitcoin is a fraudulent investment! Sometimes I get a little annoyed when I hear it. but anyway i don't care what they say about bitcoin. I know consciously that bitcoin is not a fraudulent investment, Even since I found out Bitcoin in 2019 has changed my life much better than before.
But it's a shame that moments like that are very easily caught by most ordinary people who ultimately think bitcoin is a fraudulent investment! Sometimes I get a little annoyed when I hear it. but anyway i don't care what they say about bitcoin. I know consciously that bitcoin is not a fraudulent investment, Even since I found out Bitcoin in 2019 has changed my life much better than before.
May 28, 2022, 11:12:34 AM
People like that should only have an effect on their followers or people who are completely new to Bitcoin or cryptocurrencies, don't want to learn more about crypto, and just want to invest their money without any effort and earn profits.
For these people, these financial advisors are very influential, especially if they appear in the big media, especially in their country.
However, for those of us who are already in the crypto world or who have the desire to learn more about crypto, there is no need to listen to them. Sometimes they are just a totality in theory but not in reality.
It is their skill in building trust in what they say. As a result, their followers listen and do what they say even if it's not entirely true. Indeed we should have some people who give us education about sensitive things like finances. But we cannot swallow everything they say, we must also be able to make our own research and if necessary compare the results of our research with what we hear. For these people, these financial advisors are very influential, especially if they appear in the big media, especially in their country.
However, for those of us who are already in the crypto world or who have the desire to learn more about crypto, there is no need to listen to them. Sometimes they are just a totality in theory but not in reality.
May 27, 2022, 06:20:01 PM
People like that should only have an effect on their followers or people who are completely new to Bitcoin or cryptocurrencies, don't want to learn more about crypto, and just want to invest their money without any effort and earn profits.
For these people, these financial advisors are very influential, especially if they appear in the big media, especially in their country.
However, for those of us who are already in the crypto world or who have the desire to learn more about crypto, there is no need to listen to them. Sometimes they are just a totality in theory but not in reality.
For these people, these financial advisors are very influential, especially if they appear in the big media, especially in their country.
However, for those of us who are already in the crypto world or who have the desire to learn more about crypto, there is no need to listen to them. Sometimes they are just a totality in theory but not in reality.
that is very right. they can call them financial experts or whatever, but if you are already in this market, you won't bother what they are saying to the media because you already know this market. maybe, they have influence to their respective followers or noncrypto users but at the end of the day, it is you who will manage your portfolio. so do what you think is right for your funds. you can listen to what they are saying but just filter the valuable insights. you don't need to follow all the things that they are advising to people. they are also human and can commit mistakes. you will be happy if you will follow your instincts and not somebody else's.
May 27, 2022, 06:15:28 PM
People like that should only have an effect on their followers or people who are completely new to Bitcoin or cryptocurrencies, don't want to learn more about crypto, and just want to invest their money without any effort and earn profits.
For these people, these financial advisors are very influential, especially if they appear in the big media, especially in their country.
However, for those of us who are already in the crypto world or who have the desire to learn more about crypto, there is no need to listen to them. Sometimes they are just a totality in theory but not in reality.
For these people, these financial advisors are very influential, especially if they appear in the big media, especially in their country.
However, for those of us who are already in the crypto world or who have the desire to learn more about crypto, there is no need to listen to them. Sometimes they are just a totality in theory but not in reality.
May 27, 2022, 05:39:01 PM
In my opinion, there is nothing to take seriously about the interview of the state financial advisor on television. It will only be a fleeting and boring spectacle. People tend to turn on the TV for entertainment, and many who watch will be sicker of seeing financial advisors talk about Bitcoin. The proof of course we can see the impact after the interview? there isn't any
They can talk whatever they want and so far I don't think they have had a negative impact on bitcoin user growth. They are too busy centralizing the financial system to possibly ignore anything that makes a decentralized financial system better. In fact I haven't watched a show like that in a long time and would probably be happy to move the channel if it suddenly started.How I got to this knowledge is that whenever I hear of any investment, if I want to research about the investment, I will not use such keywords as "what is ...". Instead, I will say, is so so investment a scam?
It is through this search keywords that I will get to the review of the investment, positive and negative, honest and induced.
Such thing happens with bitcoin, when they talk bad about Bitcoin they make the wise to be more curious to know and in the process they will definitely find out the truth. They only decieve the unenlightened and the gullible.
May 27, 2022, 03:45:05 PM
In my opinion, there is nothing to take seriously about the interview of the state financial advisor on television. It will only be a fleeting and boring spectacle. People tend to turn on the TV for entertainment, and many who watch will be sicker of seeing financial advisors talk about Bitcoin. The proof of course we can see the impact after the interview? there isn't any
They can talk whatever they want and so far I don't think they have had a negative impact on bitcoin user growth. They are too busy centralizing the financial system to possibly ignore anything that makes a decentralized financial system better. In fact I haven't watched a show like that in a long time and would probably be happy to move the channel if it suddenly started. May 27, 2022, 03:42:32 PM
Well, this is not a surprise. Even within the same industry like Banking or Telecom, people of a particular institution will tell you their institute is better than the other because they want you to invest in theirs even while they are all providing the same or similar service. At the end of the day, whatever these guys say might not have any further negative effect on Bitcoin cos investors understands more and we don't expect them to praise Bitcoin in the first place.
True. The same also with tv stations and radio stations. I always hear them say that they are the best but they didn't know that I already hear this word on the other channels/station. I guess the only way to prove if who really is the best is by trying them one by one. That's the only way to tell if who is lying and who isn't. In terms of the conflict between btc and fiat. Id say that we that are here, already tried both and we can say that both have their advantage and disadvantage.There is no need for them to hate btc and say negative things to it or idk, maybe those people simply don't know what they are talking about and they didn't tried btc yet.
May 27, 2022, 03:31:50 PM
Well, this is not a surprise. Even within the same industry like Banking or Telecom, people of a particular institution will tell you their institute is better than the other because they want you to invest in theirs even while they are all providing the same or similar service. At the end of the day, whatever these guys say might not have any further negative effect on Bitcoin cos investors understands more and we don't expect them to praise Bitcoin in the first place.
True. The same also with tv stations and radio stations. I always hear them say that they are the best but they didn't know that I already hear this word on the other channels/station. I guess the only way to prove if who really is the best is by trying them one by one. That's the only way to tell if who is lying and who isn't. In terms of the conflict between btc and fiat. Id say that we that are here, already tried both and we can say that both have their advantage and disadvantage.There is no need for them to hate btc and say negative things to it or idk, maybe those people simply don't know what they are talking about and they didn't tried btc yet.
May 27, 2022, 11:53:15 AM
This is something people are used to seeing nowadays. All these so-called (FIAT) financial advisors have been hovering the same thing about bitcoin for several years now as bitcoin is getting its stand in the world economy market. I believe they already know its advantages and they can’t just believe it is working out. It may look like they dislike it a lot but they’re all after their financial gains that they don’t get any more as bitcoin has stopped some of that. They wish bitcoin never exists.
Listening to what people say about a thing online and following them blindly is another thing that one should not blindly do. If you like an idea or innovation, you do more research about it and do your findings, only then you can be on the right path with others.
Listening to what people say about a thing online and following them blindly is another thing that one should not blindly do. If you like an idea or innovation, you do more research about it and do your findings, only then you can be on the right path with others.
May 27, 2022, 10:53:18 AM
It has been a while now that I have been watching (FIAT) financial advisors on television being guests on talk shows or Breakfast shows talking down at Bitcoin, whenever they get a chance.
Are you really surprised by that? They always did it and they'll keep doing it. Some of them because are ignorant, others because get paid, and others because think the missed the opportunity so they hope the whole crypto world will fail so they can say "I told you". I really don't care anymore about people, I just feel a little sad for them for whatever reason they're doing it anyway. 
May 26, 2022, 04:19:17 PM
Financial advisors are economists who attend the demands and orders of the local establishment. Many of those guys live from income they make lecturing at big events sponsored by big businessmen, oligarchs and monopolists, which put them in evidence to be called by TV news to make appearances, what consequently also boost the sales of their books and works in general.
If these experts go against the interests of those who pay them, that is, to introduce common citizens to bitcoin as an acceptable and possible investment option, they will totally lose the financial support, reputation and status, being replaced right after for an expert else who accepts playing the establishment's game.
It's like being part of a club or of a group of friends for long decades, and suddenly turn against everything this group wants you to say and to believe.
If these experts go against the interests of those who pay them, that is, to introduce common citizens to bitcoin as an acceptable and possible investment option, they will totally lose the financial support, reputation and status, being replaced right after for an expert else who accepts playing the establishment's game.
It's like being part of a club or of a group of friends for long decades, and suddenly turn against everything this group wants you to say and to believe.
May 26, 2022, 03:42:43 PM
It has been a while now that I have been watching (FIAT) financial advisors on television being guests on talk shows or Breakfast shows talking down at Bitcoin, whenever they get a chance. This morning another so-called financial expert was invited to a breakfast show and he smashed Bitcoin as an investment option.
Now let's get behind the real reason for this :
1. Those so-called financial advisors (brokers) gets paid a fee to manage other people's money. Why would they promote Bitcoin investment, if people do not need them to trade Bitcoin?
2. They get commission on the financial products that are being sold to their customers. (They get nothing if you buy your own BTC)
3. People do not need "expert" knowledge to invest in Bitcoin. You go to computer... navigate to a local Crypto exchange... open an account online and link the account to your Bank account. Then you wait for the price to drop and you buy some bitcoins.
4. They are also butt hurt, because Crypto currencies are not regulated to protect them.
5. The percentage that you invest in Bitcoin or Crypto currencies..are not available for them to invest in their investment options.
So, next time when you see those financial advisors on TV bad mouthing Bitcoin, think of the things I mentioned above.
A balanced portfolio should have a mix between "low" / "medium" / "high" risk investments.... and Bitcoin will fall within the "High" risk investment category .... so do not tell people to avoid it, because you cannot make money from them making their own investments.
https://cointelegraph.com/news/at-8-990-000-gains-bitcoin-dwarfs-all-other-investments-this-decade
“It’s the best-performing asset of the last decade for sure,” said Daniel Polotsky, CEO of CoinFlip, one of the largest bitcoin ATM companies in the U.S.
Say you got into the game when a bitcoin was 10 cents, around October 2010. If you invested $100, you’d have been able to buy about 1,000 bitcoins. <=== $29 610 000 worth at today's value. What will you say in 12 years from now?
Now let's get behind the real reason for this :
1. Those so-called financial advisors (brokers) gets paid a fee to manage other people's money. Why would they promote Bitcoin investment, if people do not need them to trade Bitcoin?
2. They get commission on the financial products that are being sold to their customers. (They get nothing if you buy your own BTC)
3. People do not need "expert" knowledge to invest in Bitcoin. You go to computer... navigate to a local Crypto exchange... open an account online and link the account to your Bank account. Then you wait for the price to drop and you buy some bitcoins.
4. They are also butt hurt, because Crypto currencies are not regulated to protect them.
5. The percentage that you invest in Bitcoin or Crypto currencies..are not available for them to invest in their investment options.
So, next time when you see those financial advisors on TV bad mouthing Bitcoin, think of the things I mentioned above.
A balanced portfolio should have a mix between "low" / "medium" / "high" risk investments.... and Bitcoin will fall within the "High" risk investment category .... so do not tell people to avoid it, because you cannot make money from them making their own investments.
https://cointelegraph.com/news/at-8-990-000-gains-bitcoin-dwarfs-all-other-investments-this-decade
“It’s the best-performing asset of the last decade for sure,” said Daniel Polotsky, CEO of CoinFlip, one of the largest bitcoin ATM companies in the U.S.
Say you got into the game when a bitcoin was 10 cents, around October 2010. If you invested $100, you’d have been able to buy about 1,000 bitcoins. <=== $29 610 000 worth at today's value. What will you say in 12 years from now?
That is a pretty illogical and poorly thought out attack on financial advisors on behalf of Bitcoin. Professional and properly regulated financial advisors have a duty to keep peoples money reasonably safe ideally with a reasonable rate of return on investment. Any advisor that is worth their reputation should only have less than 5% of any individuals wealth in highly speculative assets, unless that person has told them to put much more money into it and are fully aware of the risks associated with that. We're talking about Bitcoin, which if someone had invested 100k into about a year ago, they would only have half the amount remaining now, but you sem to think of it as some infallible asset - it is extremely risky and not what sensible people should keep large amounts of their wealth in. It's easy to speculate when you have no money, as many people here might suffer from.
May 26, 2022, 03:41:01 PM
Who cares? Even I don't have time to see any kind of talk show lol. How would I hear their advice? They are fiat financial advisors and of course, they are doing their job. Nothing wrong, very rarely do they have knowledge about Bitcoin or they can't go against fiat. In a country, there won't be two currencies, to be honest. So fiat financial advisors should only focus on advice based on fiat.
However, we are alive in the Bitcoin world since we are active forum members. We don't need to hear the lecture from a fiat advisor nor its much useful for us lol. We believe in decentralization and Bitcoin, we will continue with that.
However, we are alive in the Bitcoin world since we are active forum members. We don't need to hear the lecture from a fiat advisor nor its much useful for us lol. We believe in decentralization and Bitcoin, we will continue with that.
These financial advisors have a lot of power. They're dictating where people put their money. The high net worth individuals are the ones that will seek out professional counsel on their finances. They're the ones that can afford it. So it's large volumes of money that are potentially being diverted because of traditionalists that are allergic to innovation. I've seen some financial advisors that would recommend high net individuals put some portion of their funds into crypto. This isn't a slight at them. They don't believe Bitcoin to be a currency so they treat it as digital gold. I'm okay with that. Others don't treat it as a currency nor a commodity.
May 26, 2022, 03:32:47 PM
Members of this forum are well aware of the plots of these so-called financial advisers who do not know what finances are all about, they may choose to talk against bitcoin and other decentralized currencies sin7this currencies put them out of business just as you have mentioned.
They are lost out in the current happening as it regards investments and asset holdings.
They are lost out in the current happening as it regards investments and asset holdings.
May 26, 2022, 03:23:45 PM
Anti-bitcoin campaigns are very easy to shill out. There is nothing difficult about it. What the campaigner or crusader needs to do is to tell the people what they want to hear about fiat. Save and save and invest through people and companies and in the end the campaigner will bash bitcoin to summarize it.
If the so called financial advisors wants my credit, they should come with a very new concept that the people do nor know, like bitcoin and advice on it and let's watch it happen.
If the so called financial advisors wants my credit, they should come with a very new concept that the people do nor know, like bitcoin and advice on it and let's watch it happen.
May 26, 2022, 02:59:25 PM
3. People do not need "expert" knowledge to invest in Bitcoin. You go to computer... navigate to a local Crypto exchange... open an account online and link the account to your Bank account. Then you wait for the price to drop and you buy some bitcoins.
It doesn't change the fact that people sell this "expert" knowledge. Just look for people selling courses of how to invest in bitcoin or trade it. They tell you it's easy because this line goes there and this line goes there and there's a fib level over there.
Then Musk decides it's time to dump it all and stop accepting it as payment or a shitcoin goes belly up and there goes your line. Quote
Say you got into the game when a bitcoin was 10 cents, around October 2010. If you invested $100, you’d have been able to buy about 1,000 bitcoins. <=== $29 610 000 worth at today's value. What will you say in 12 years from now?
You talk to us like we're some doubters who see some clown on TV and get rid of our bitcoins because he said so. I've seen so many of these clowns. Last week I saw an article about some guy who in 2021 claimed we'd reach 400k USD now changed his mind and is saying that bitcoin will crash to 8k. Some people are just morons who know shit and like to show the world how clueless they are.
There's this saying that my father likes and it translates more or less like this: do you know why the bell is loud? Because it's empty.
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