Risk Warnings on Cryptocurrencies
Suthep Chaviwan.
Most crypto writers at all
levels; top analysts who use bylines to tell the readers to know who they are
and pseudonymous analysts who prefer to keep their identities in secret would
always give the warnings or disclaimers at the bottom line of their articles,
mostly with the sentences "The opinions expressed at the article are not
investment advice".
The warnings aim to let
the investors be alert; they must prepare to sustain a total loss of the money
they have invested plus losing any commission or other transaction charges.
Of course, such investment
risk warnings must be clear and easy to understand.
But the important thing is
investors must always consider before they make an investment decision and one
of the golden investment rules that investors should keep in mind is that
crypto-assets are not legal tender. Never invest money that they can't afford
to lose.
The crypto writers, most
have had experiences, they know pros and cons on the investment on this digital
assets. The experienced writers and the writers who are faithful to their
duties will not bias, but present the Gospel fact to their readers.
Some writers and including
ghostwriters, who are hired to write the articles on some subjects for the
promotion of startup crypto exchanges and other businesses, however, will write
according to the orders assigned by their employers.
The readers of such
articles can easily distinguish the contents and the style of writing whether
the writers are the mouthpieces of the startups or not.
All crypto startups are
involved with huge investments for trading in their exchange services, they
want to persuade customers; retail investors and institutional investors to use
their services. They have to use all strategies for achieving their goals.
The crypto writers will
have their vivid styles in writing to warn the readers, and often we will see
the sentence with the paragraph that "Please be advised that your transfers and trades are at your
own risk, and any losses you may incur are your responsibility.
Some warnings said that investors
should do their due diligence before making any high-risk investments.
Cryptocurrency or digital assets are perilous and not like conventional
investing in the stock market.
It is common for writers
on the investment subjects to warn their readers to protect themselves, and the
word disclaimers are frequently used to escape the effects of the torts of
negligence.
In law, a disclaimer is a
statement denying responsibility intended to prevent civil liability arising
for particular acts or omissions. And the investment disclaimers state you take
no responsibility for how others act on your advice.
So, it is not strange to see the crypto writers using the paragraphs "Risk Warnings or Disclaimers" on their articles on investment and trade of Cryptocurrencies.
Suthep Chaviwan/Feb. 22. 22
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