Do you want to know how to make a bunch of money? It´s actually quite easy, you just always got to do the exact opposite of what CNBC is telling you. Whoever followed their advice lately probably lost a huge amount of money unfortunately...
But let´s take a look at the case I´m referring to in detail. Below you may see the picture from a show some weeks ago, whenever Ripple (XRP) was on a huge rally towards unknown values far beyond the ones it´s trading today. At that time CNBC hosted a show to explain to people step by step how they could buy Ripple. They did that whenever Ripple was trading above $2.57 USD so pretty much at a point whenever it already rose more than 1000%...
That´s of course not the actual clue I want to point out as no one can blame them for the recent decline in value of Ripple. But one can really question their expertise whenever you see the next picture showing them hosting a show on how to sell ripple at about $0.71 USD...
It´s simply unbelievable to me that they really told people to buy at the highs after a 1000% rally just to tell them to sell the dip afterwards, whenever the investment of people isn´t even worth half as much as at the time they might have invested listening to CNBC...
That all being said, in case you want to get rich, just do the exact opposite of whatever CNBC is telling you. You definitely won´t end up any worse than by listening to their financial advise...
Stay safe out there!
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Thank you for advices! Nice post :D
thank you :)
is hard to avoid the hype, as sometimes one does feel tempted to ride whatever wave they are raving about, but I have always faired much better by following what I think is a good buy.Thanks for sharing this @steembusiness. I generally stay away from all big media outlets, as they generally do not give the best advice. It
Due dilligence is the key to financial sovereignty, so always make sure to do what you think is right, and like you said, if you want to become rich, ignoring the media and doing the opposite of what they say is a good method!
Warren Buffet already said it, buy whenever there´s blood in the streets. There´s a reason he got as rich as he´s today.
No wonder why there is people that think crypto is a scam, they listen to people like this and don’t realize the actual scam are the financial advises from guys like that one.
If you are betting on a new system you cannot rely on advices from people who belong to the old system.
You nail it. I´d actually go as far as to say that you should never trust the people from the old system. They are all keeping us small so that they can keep their power over us.
Damn right, that´s the way you succeed in any market :)
It really amazes me how much FUD has been spread by the media in the last weeks.
They just write what people wanna hear and they mostly respond more to negative headlines so just give them what they expect...
Satander Group introduces mobile app based on Ripple in four countries: https://steemit.com/cryptocurrency/@voluntary-io/large-international-bank-starts-a-mobile-app-on-ripple-blockchain
Yeah they are really changing the financial space. I´m curious where cryptos will lead us in the end :)
When I see these things, I´m not sure if I should cry or laugh. Either they do this to control the masses on purpose or they don´t know what they are doing at all - either way, it´s tragic.
(Oh, and I may add, that no one should buy Ripple anyway 😉;)
Sometimes I think they do it on purpose to keep people as poor as they are. But then you think about it again and somehow get to the conclusion that they simply got no clue what´s actually going on eventually xD
They are telling to sell the dips because they are BUYING... Please, do not sell on the dips... sell on the heights.
Fortunately I was able to buy some a 0.65 cents.
Well, Ripple is a trojan horse by banks and big centralized corporations to position themselves inside the crypto markets. So it´s nothing that I would like to support anyway.
Thank you for the advice(i will definitely follow your advice)
Have a fun-filled weekend
Really hilarious about the statistics on CNBC. Because you definitely woulf act in the same direction they purpose because every investor that's rational will heed to their advice because it's the right thing to so but in this cryptosphere,it's only few that is.logical and only the logical ones will heed to your advice @steembusiness because immediately ripple is on the boom,they go back to CNBC ideology. So let's just see how it goes from ripple investors,am not in that category but i might apply the advice on bitcoin. Thanks for the info and its sure viable for steemians ere.
its soo nice
Nice post, i followed you,, you can follow me as well. I am newbie,, i need support. Thanks
Quality Comment = Support!
(Please stop your begging...)
i don't like to say this usually, but what a bunch of douche bags
Hodl still don't sell yet wait for another all time high.
That's the MSM for you. This is why these people are so bad for our country. They lie and fuck people over and have been doing it for years. I'm surprised the masses don't realize this nowadays. These organizations only feed off the Red vs Blue aspect of America. "You're either on our team or theirs!" Not to mention they put on the show that basically pretends that you've no other alternative.
Yep mass manipulation fits pretty good I think :)