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[aryan4]

SEC official Hester Peirce warned all coin investors. The official who participated in CoinDesk's online broadcast answered many questions she was asked.

She did not neglect to warn about crypto investments in general and stated the following:

---"People buy and sell many things. Before you buy an asset, you need to know what you are investing your money in. If you are making these kinds of investments for entertainment, that's okay, but you need to know that you are likely to lose money. Just following the crowds is not a good investment strategy. You have to do research and ask lots of questions. I am someone who believes that people themselves are responsible for the decisions made. You can make the decision to have fun or invest, but then don't come to the state when you lose your money! " ---

What would you like to say about these warnings?

 

[Josemendez]

Well , first we appreciate the concern they have for investors , however they also need to help by preventing rising of new role s ,as there are alread many coins , except when the coin has something to offer

 

[Niftyicon]

Those are good pieces of advice. I would not expect anyone to go ahead and invest in a tool without being aware of its pros and cons. He is right that we are responsible for the decisions we make.

 

[Josemendez]

Those are good pieces of advice. I would not expect anyone to go ahead and invest in a tool without being aware of its pros and cons. He is right that we are responsible for the decisions we make.

Sure . There are decisions that can affect us drastically and there are some that we can be able to tackle very well without much issues .

 

[SCAMEXPOSER]

Well , first we appreciate the concern they have for investors , however they also need to help by preventing rising of new role s ,as there are alread many coins , except when the coin has something to offer

That's one of the most important thing they should do , regulate the inflow of new coins , at least every new coin that must be listed must minimum liquidity to cover up for losses if any.

 

[Josemendez]

That's one of the most important thing they should do , regulate the inflow of new coins , at least every new coin that must be listed must minimum liquidity to cover up for losses if any.

The problem here is that there is no such body and also liquidity can be pulled out anytime of the day . There is also no law guiding pulling of liquidity

 

[aryan4]

I think the warnings made are quite logical. After all, every person is responsible for their own investment and must accept the consequences.
I hope that the authorities, while making these sensible warnings, will also provide the legal requirements for the regulation of the markets as soon as possible.

 

[CrazySher]

Ye

SEC official Hester Peirce warned all coin investors. The official who participated in CoinDesk's online broadcast answered many questions she was asked.

She did not neglect to warn about crypto investments in general and stated the following:

---"People buy and sell many things. Before you buy an asset, you need to know what you are investing your money in. If you are making these kinds of investments for entertainment, that's okay, but you need to know that you are likely to lose money. Just following the crowds is not a good investment strategy. You have to do research and ask lots of questions. I am someone who believes that people themselves are responsible for the decisions made. You can make the decision to have fun or invest, but then don't come to the state when you lose your money! " ---

What would you like to say about these warnings?

Yes, 100% right it is necessary to check the asset and the platform before you going to invest money on it. Always check if that is not a scam and you are not going to lose your money.

 

[SCAMEXPOSER]

The problem here is that there is no such body and also liquidity can be pulled out anytime of the day . There is also no law guiding pulling of liquidity

These are short comings in Crypto currencies which are to be amended by SEC for the safety of the Investors, this gives more reasons some financial institutions are against it.

 

[Josemendez]

These are short comings in Crypto currencies which are to be amended by SEC for the safety of the Investors, this gives more reasons some financial institutions are against it.

Unfortunately SEC has a jurisdiction. There are places where SEC cannot function and those places lacks similar organization like SEC

 

[SCAMEXPOSER]

Of SEC can't function in this level then it is the duty of the exchange platforms to scrutinize the prospective coins liquidity before enlisting them. Some people lost out for NPXS conversion to Pundix recently.

 

[Fayiz]

I think this is true. We must research before investing any of the crypto. There is no doubt we are responsible for consequences of our decision to invest.so Research properly before investing and find proper time to invest

 

[silentwatch]

If you ready to invest and ready to make profit then off course you have to be ready to lose all your investment. It is about money management strategy. If you dont have it then big posibility you lose your money...

 

[SCAMEXPOSER]

If you ready to invest and ready to make profit then off course you have to be ready to lose all your investment. It is about money management strategy. If you dont have it then big posibility you lose your money...

No investor will be ready to lose his or her money in any investment but rather he will try as much as possible to guard against any form of losses by taking calculated risk.

 

[Josemendez]

Of SEC can't function in this level then it is the duty of the exchange platforms to scrutinize the prospective coins liquidity before enlisting them. Some people lost out for NPXS conversion to Pundix recently.

You mean npxs changed to pundix ?did the conversion affect total liquidity available ? . Most times coins owners wants to make money from people. After people might have finished buying coins , they will withdraw their liquidity

 

[mildredtabitha]

SEC official Hester Peirce warned all coin investors. The official who participated in CoinDesk's online broadcast answered many questions she was asked.

She did not neglect to warn about crypto investments in general and stated the following:

---"People buy and sell many things. Before you buy an asset, you need to know what you are investing your money in. If you are making these kinds of investments for entertainment, that's okay, but you need to know that you are likely to lose money. Just following the crowds is not a good investment strategy. You have to do research and ask lots of questions. I am someone who believes that people themselves are responsible for the decisions made. You can make the decision to have fun or invest, but then don't come to the state when you lose your money! " ---

What would you like to say about these warnings?

Only the wise will not take these warnings lightly but seriously. I'm wondering, is every crypto investor waiting to go bankrupt to believe the warnings? Not everyone will be lucky to receive such warnings in advance, but those who have should do something before it's late.

 

[SCAMEXPOSER]

You mean npxs changed to pundix ?did the conversion affect total liquidity available ? . Most times coins owners wants to make money from people. After people might have finished buying coins , they will withdraw their liquidity

Yeah they changed and in some Exchange plaforms the coin was delisted which led to members loosing their Investment but Binance retuned it fully and ever since then the coin has been dropping drastically.

 

[Josemendez]

Yeah they changed and in some Exchange plaforms the coin was delisted which led to members loosing their Investment but Binance retuned it fully and ever since then the coin has been dropping drastically.

Wow . This is quite odd and challenging to the coin because without investors a coin can never survive. Glad that Binance came to their rescue

 

[SCAMEXPOSER]

Wow . This is quite odd and challenging to the coin because without investors a coin can never survive. Glad that Binance came to their rescue

I am planning to sell mine immediately the value reached the amount I invested in it , the coin was trading hot when I noticed but immediately it was convert the whole story changed

 

[Niftyicon]

I am planning to sell mine immediately the value reached the amount I invested in it , the coin was trading hot when I noticed but immediately it was convert the whole story changed

I think there may be hope of recovery for the coin because many people may not want to sell at loss and will likely hold on to their coin like you have decided to.