The Trust Crisis: Why Nobody Believes the Experts Anymore

[Oluwa-btc]

You're not wrong. That's how logic is working. If they are really expert, they will make money from predicting the market for themselves. They won't tip others as they can time the market to make money everyday. Sadly, the reality is that those experts are only extracting their followers. They use their followers as their exit liquidity.

Remember the real exprts won't post their trade on social media, if they did it means they only look others to exit. An expert traders don't need to flaunt their trade. 

They might have shared their experiences but it's doesn't mean that their perception, conceptions and insights are inherently true or false.They shared those information as it represents and reflects their emphasis and results.There has been an overall decline in the system, because experts are supposed to be certain in an uncertain situation.The level of distrust has increased because experts for years have only shared 60-70% of probabilistic opinions and assessments meanwhile the public sees this as incomplete and inappropriate.

[Webetcoins]

The word "expert" is a title to me, and I even trust less when the title is a self-proclaimed title.

I wouldn't blame others who feel the same way about trusting people who are called experts; if you get to find out from most of them, they have all had personal experiences, some even trusting these experts so much at one time until they became disappointed.

Trust is an expensive commodity; it has to now be earned, and if you claim to be an expert, or you are called an expert, you have to show results for people to trust you, not people trusting you before you show results.

Yes, it is always a title. A self-proclaimed expert can be good too but most of the times, their experience in life is not yet enough for the title of an expert. Of course, we can blame the others who are not good at classifying a real expert, especially if they already lose a lot and keeps on doing it. But that is a good thing if they get to a point of disappointment because they may stop now and changed their approach for their betterment.

[SatoPrincess]

In today's world, the meaning of the word “expert” has lost much of its weight.

The word "expert" is a title to me, and I even trust less when the title is a self-proclaimed title.

I wouldn't blame others who feel the same way about trusting people who are called experts; if you get to find out from most of them, they have all had personal experiences, some even trusting these experts so much at one time until they became disappointed.

Trust is an expensive commodity; it has to now be earned, and if you claim to be an expert, or you are called an expert, you have to show results for people to trust you, not people trusting you before you show results.

I learnt the hard way about these so called financial experts. Most of them only spread FUD and misinformation to profit themselves. At the end of the day, they just want to sell their books or courses to people. That’s how they make their money, they don’t even practice what they preach sometimes.

[DrBeer]

In today's world, the meaning of the word “expert” has lost much of its weight.

The word "expert" is a title to me, and I even trust less when the title is a self-proclaimed title.

I wouldn't blame others who feel the same way about trusting people who are called experts; if you get to find out from most of them, they have all had personal experiences, some even trusting these experts so much at one time until they became disappointed.

Trust is an expensive commodity; it has to now be earned, and if you claim to be an expert, or you are called an expert, you have to show results for people to trust you, not people trusting you before you show results.

You are absolutely right that trust is VERY difficult to earn, but very easy to lose.
And in fact, this has become a reason for manipulation, which is most offensive - primitive manipulation.
 
The scheme is extremely simple! Someone is chosen to promote the desired narratives through the “opinion of a leader/expert.” In addition to presenting them as an expert, they will also add a couple of high-profile or relevant titles, educational institutions, or even fake achievements.
...and if anyone dares to question their competence, another group immediately jumps in with something like, “How dare you question the opinion of THE WORLD-RENOWNED EXPERT!?” And anyone who tries to tell the truth looks very unpresentable.
And the so-called expert, whom they are trying to promote in all media and channels, continues to calmly promote the necessary narratives to the masses.
That's how the modern world works!

[Unknown Op]

In today's world, the meaning of the word “expert” has lost much of its weight.

The word "expert" is a title to me, and I even trust less when the title is a self-proclaimed title.

I wouldn't blame others who feel the same way about trusting people who are called experts; if you get to find out from most of them, they have all had personal experiences, some even trusting these experts so much at one time until they became disappointed.

Trust is an expensive commodity; it has to now be earned, and if you claim to be an expert, or you are called an expert, you have to show results for people to trust you, not people trusting you before you show results.

I learnt the hard way about these so called financial experts. Most of them only spread FUD and misinformation to profit themselves. At the end of the day, they just want to sell their books or courses to people. That’s how they make their money, they don’t even practice what they preach sometimes.

I think there are no experts in the market and they are so called experts And actually they are fraud person because when any authority give them money to say anything then they say that And we are watching these people in comfort because they got money by using these kind of deals . People are saving their money and they saw a news of so called experts and after that they investment their mom in the real estate and that market was crashed and they are not responsible for that and I think you are responsible for your money because you blindly trusted on them. You always want to be rich over night which is practically impossible and one could be poor over night because he has no Knowledge of market and invested due to hearing the words of influencers .