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In this episode, we delve into the challenging dynamics of giving crypto advice to friends — a scenario many of us have encountered. We shared a listener’s story about being approached by a friend eager to invest in a questionable altcoin. Despite the pressure, they managed to offer guidance that helped their friend avoid a potentially costly mistake. This experience sparked a broader conversation about the responsibilities and risks of offering financial advice, especially in the volatile crypto market. We discussed how to provide support without overstepping boundaries, and the importance of ensuring that the final decision always rests with the person seeking advice.

We also touched on the current market conditions, recognizing the downturn that has left many investors feeling uncertain. Despite this, we emphasised why now might be the ideal time to prepare for the next altcoin season. With prices at a low, this period presents an opportunity to research and identify promising opportunities, positioning oneself to capitalise when the market eventually recovers. The intro set the stage for a thoughtful discussion, blending personal experiences with practical insights to help our listeners navigate the complexities of cryptocurrency investing.

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Nothing in these podcasts are financial advice, just banter and vibes. Stay safe out there.

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