Even IF I would be an financial advisor, and to be clear I'M NOT, I would always recommend people to do their own research. With a market this young literally everything could happen. Of course I believe in Cryptocurrencies (or better put in some since there are just to many shady projects out there). But if someone new to Cryptocurrencies tries to invest they should understand the at least the basics about Cryptocurrencies in general and the vision of there chosen Cryptocurrency before investing and not blindly invest because someone on the internet told them they will get rich.
Just think about that Bitconnect stuff if the people who put their money into that just took the time to research that project and understand how it works they would have seen that it was a classic Ponzi Scheme which obviously had to crash at one point. I'm just trying to encourage critical thinking and hopefully prevent some losses like that.
The fact that you encourage critical thinking is good. The fact you have to tell people to do their own research is bad, because they should already know they need to do their own research. I was not saying anything against what you have done, just commenting on the fact that people don't know they should be researching for themselves. I like your post because they are informative and a person can check out what your sharing verifying that it is truth.
Even IF I would be an financial advisor, and to be clear I'M NOT, I would always recommend people to do their own research. With a market this young literally everything could happen. Of course I believe in Cryptocurrencies (or better put in some since there are just to many shady projects out there). But if someone new to Cryptocurrencies tries to invest they should understand the at least the basics about Cryptocurrencies in general and the vision of there chosen Cryptocurrency before investing and not blindly invest because someone on the internet told them they will get rich.
Just think about that Bitconnect stuff if the people who put their money into that just took the time to research that project and understand how it works they would have seen that it was a classic Ponzi Scheme which obviously had to crash at one point. I'm just trying to encourage critical thinking and hopefully prevent some losses like that.
The fact that you encourage critical thinking is good. The fact you have to tell people to do their own research is bad, because they should already know they need to do their own research. I was not saying anything against what you have done, just commenting on the fact that people don't know they should be researching for themselves. I like your post because they are informative and a person can check out what your sharing verifying that it is truth.