I have lost quite a bit, materialistically. When I was 19 I lost around $12k-14k on a failed business venture. 3-4 years later I lost an approximate worth of $27k on another business venture. While trying to recover from that loss I once again lost every last penny I had when my own bank account manager played me. As a young foreigner, I could do nothing about it. Would you take financial advice from me, knowing all this?
I understand many people like to get "Expertise Advice" on things they want to get started on. Usually, the best "expert advice" is the amateur who has been seeing some sort of a positive result in the said field. At times, that amateur can be someone like you or me. We seem to be the closest to an expert in a world of no other reachable options.
I have been relatively successful in some endeavors. I am sure you have, too. But most of these successes usually are a direct result of multiple failures and a reflection. That being said, I have also been highly unsuccessful. And that is how I expect everyone else to get where they want to be.
We look at the world the way we experience it. I have always been a loner when it comes to tasks. It is a direct result of returning empty-handed whenever I sought help. This doesn't mean people have helped me. It means that most of the time I have had to figure shit out myself. Also, if it weren't for those few times where someone lent me their piece of advice, I would have reached nowhere.
I always say this to anyone who comes to me for cypto advice. I am not a pro. And even a pro would be hesitant. Finance and money is something I do not compromise with, especially if it someone else's. My money on the other hand, can go to hell if I was solely responsible for it failing purgatory.
I can share my strategies. I can explain what I think about a project. I can dictate why a coin is doing well. And all those things are opinion, and at an eagle-eye are conversation pieces. But questions that directly involve me with the outcome of your investment, hell no!
I know what it feels like to lose money. It feels even worse in an extremely volatile market, bull-run or no bull-run. But worse of all is the blame that feels very easy to shift on someone else's shoulders.
So let us all be a little wiser, and follow the golden rule: DYOR. Let us be a little more mature and take responsibility for our own investments without letting the fear of losses rest on the shoulder of a helping hand. Yeah?
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