Finances and crypto Counsellors/Counselling, Is it right to have a financial advisor or manager.

in #hive-1679222 years ago

Hello Hive

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It is often believed that when one has experienced a trauma of some sort in medical field that a therapy is needed and other times counsellors are deployed to help one get over certain negative experience. We have all these set of people in place to help one get back on track after these ugly situations.

But who do you visit when you have a financia crash and need probably just a word to help you get up and back on track again.

Am sure we are aware of those whom have committed suicide because they can't stand the losses of their money or certain asset.

Do we really know it all when it comes to finance and crypto

Financial knowledge are not often giving when it comes to trading and most people are left to make the decisions themselves and we are often advised not to invest what we cannot afford to loss.

Nobody gives you financial advise, it is your sole responsibility such that when losses comes, you endure alone, people will curse and abuse you for making such moves, these negative comments can ruin anyone's life, should this be so?

In crypto, even your rightly calculated moves cab turn odd at the twinkle of an eye.

Should we have crypto managers to help one manage his or her assets?

I have seen people in various fields having financial officers and account managers for their money.
But in crypto, our monies are been protected by private keys that only individual partners know their keys, how possible it is to have a crypto account manager.

May be the set up crypto bots does calculative trading and help manage our wealth, but is a bot reliable.

In as much as humans may not be reliable i believe that those who have spent a long time in crypto and have greater experience can acts as crypto managers and give some quality advise to newbies.
Anyone new to crypto will loss their wealth without some proper guide.

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For a crypto beginner like, managing my own small crypto portfolio is far beneficial than hiring a financial adviser or manager. I will be learning in the process too.

What I think is important is to read and learn from other people. Thankfully, we have our LeoFinance community where there is abundant source of information we learn from. 😊

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