I tried to put it down in a simple way actually but it's not that difficult to understand if i am correct in how I say it. steempower = investing in steem, having steem = like a warrant is in stocktrading
If you understand it, it would help people if you maybe make a video about it too.. don't be scared to give financial advice btw ;) all say they don't give financial advice but making a video about how you feel about an investment possibility may also trigger people to get a mindset or certain view right? so it's not bad thing to actually give financial advice, I give it all the time to my friends who are still skeptics or affraid of losing money they would spend rather in one night in a bar than giving it the chance to grow also next to losing it all.. depends on the amount how to lose it but spending on small useless things like expensive clubnights every week or so people will lose the same amount or more as someone who buys a new car every year:) so stupid investments are relative I think... If you are 100% sure it goes down and you don't sell or you buy on the highest of highest ATH of a stock or buy crap apartments to rent which cost more to redeem than to earn from, investing without any research, that's your own fault then.. same is for blindly trusting someone to be right without any study on the info yourself ;) investment advice is not for people with brains, because they don't need advice ;)
I tried to put it down in a simple way actually but it's not that difficult to understand if i am correct in how I say it. steempower = investing in steem, having steem = like a warrant is in stocktrading
If you understand it, it would help people if you maybe make a video about it too.. don't be scared to give financial advice btw ;) all say they don't give financial advice but making a video about how you feel about an investment possibility may also trigger people to get a mindset or certain view right? so it's not bad thing to actually give financial advice, I give it all the time to my friends who are still skeptics or affraid of losing money they would spend rather in one night in a bar than giving it the chance to grow also next to losing it all.. depends on the amount how to lose it but spending on small useless things like expensive clubnights every week or so people will lose the same amount or more as someone who buys a new car every year:) so stupid investments are relative I think... If you are 100% sure it goes down and you don't sell or you buy on the highest of highest ATH of a stock or buy crap apartments to rent which cost more to redeem than to earn from, investing without any research, that's your own fault then.. same is for blindly trusting someone to be right without any study on the info yourself ;) investment advice is not for people with brains, because they don't need advice ;)