Marcelo Terça-Nada 💎🎩✨
@marcelonada
I've been thinking a lot about the following situation: I, like many artists on Farcaster, never chose to be an investor in the cryptocurrency market. But since I produce generative art works and when I sell them I receive tokens as payment, I was practically forced to start understanding what this market is all about and, after much anguish and losses, study how to try to survive in the midst of so much volatility. Seeing new people coming to Farcaster and so many people discouraged by the losses they've had this year with their investments in the crypto market, I wonder if some AI agent projects like $moxie or @aethernet couldn't have a financial education arm, to teach basic things about investing (such as, for example, having a reserve fund in stable coins - something that if I had known from the beginning of my crypto journey would have saved me a lot of suffering and losses). I think this would help a lot of people and would be good for the ecosystem as a whole.
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Alemac
@alemac
i think this a corner that is not easy to understand and it takes time to get it, so any help should always be welcome. for new people/artists coming to farcaster without crypto knowledge, where their income helps them with your daily life, i would recommend to swap all their gains to stable, in case they are afraid of losses. they will be calmer, but they will surely miss the bull market (if it ever returns). imho the best financial education is to study the market yourself (reading, reading and more reading); and make your own decisions based on your beliefs or knowledge. i've learned a lot since i joined some years ago, and my advice is not to believe anyone. no one knows when the market will go up or down, so if someone assures you something, don't believe it.
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