Ask The Experts: The Risks Of Unprofessional Financial Advices.

Ever wondered why most authors, writers and crypto enthusiasts give their experiences and takes on certain matters and projects and then end it all with "This isn't a financial advice" or "I'm no a financial advicer"?

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A couple weeks ago, crypto twitter was boiling when a project which claimed to be a form of relief for citizens of a particular country got rug pulled and crashed to zero with literally no value currently. Even though I had invested in the project at some point, I was lucky enough to keep mute and invest on my own terms and not involve anyone else. Yeah the project did seem legit at first, but I dumped it last year when I observed the bear market had started. So I wasn't among the influencers and bloggers who received death and kidnap threats from people who invested in the project blindly/ or anyone who got influenced or was adviced to invest.

You see, money is a powerful too. Unfortunately, it is so powerful that it could turn siblings, lovers and even parent and their kids against each other. It could make people do things they never thought they would do and so I really don't like getting involved with other people money either by keeping it or advising them on what to do with it.

With my little experience in the crypto world, I've learnt to never tell anyone what to invest in to preserve my reputation and for my own peace of mind. The crypto space is filled with uncertainties already, so much instability and quite alot of things to worry about. Becoming a financial advicer directly or indirectly is definetly alot and I'm really not ready to bear the burden that comes when the project I publicly announced to people crashes really hard and never recovers.

I can only share my experience, my thoughts and my opinions on a project and would state clearly at the end that all that wasn't a financial advice if it has been misconstrued as one. I'm also no expert in this crypto thing, just some guy on the blockchain having fun do please I would advice that we carry out our due research before investing in anything anyone shares with us, either as a financial advice or not, and also take full responsibility for anything we did on our own free will.

I created this meme today for a post in the manipulation community and it kinda reminded me of why I don't give financial advices and also making it clear that whatever I was saying wasn't a financial advice.