Topic: A milestone of introducing and initiating a friend to Bitcoin investments - page 2. (Read 255 times)
November 04, 2023, 10:11:38 PM
Looks like it ended up great for you, but we really need to be very careful when pitching bitcoin to other people. It could end up really great with them if bitcoin pumps — but man if bitcoin's price goes the other way, it could end up really different for your relationship.
November 04, 2023, 09:56:57 PM
With the generally regarded impending bull run of Bitcoin and the whole crypto industry especially next year, you and your friend made the right choice and timing of entering Bitcoin while the price was just $26K and that means you are in the profitable level already. I am advising that you continue on holding on and even adding more so you are all in a good position once 2024 will come. So many people were enticed to "invest" with Bitcoin but they're afraid to start their journey and so when things are getting brighter they were left behind...good to see those who summoned the energy and the resources to join the BTC Club.
November 04, 2023, 09:18:50 PM
Reading your short story, your friend is the type who wants to learn and try. Good for both of you.
Every investment, especially Bitcoin, has a risk, wild price volatility too. This must also be explained in detail so that there are preventative steps or at least thinking about risk management and money management.
Every investment, especially Bitcoin, has a risk, wild price volatility too. This must also be explained in detail so that there are preventative steps or at least thinking about risk management and money management.
November 04, 2023, 07:43:41 PM
Greetings to everybody.
Please share with me if the introduction of the "Crypto online demo trading app" would have had the tendencies of risk impact on my friend.
At July 2023 I met an old school friend who has been unfortunate to success after the years at schools. So he was interested to know what my lean to financial explore is and I told him I deals on Building Materials. Sometimes he comes spending time with me at the shop and at most times, there is just no patronage then he was worried to ask... "How do you make it this way that you don't regularly have customers"? And how is it possible you can still achieve a whole lot of things in life such as cars and house including the possibilities of meeting with your responsibilities?
I told him that I diversifies my investments in Bitcoin and it is my most profitable source of income.
Then he said if he was financially buoyant he would love to into the Bitcoin because he has to me as a testimony of the industry.
Then I told him he can equally startup with any affordable amount which I intended to help raise a specific amount for him but because I wanted him to feel the struggle and raise the capital by himself so that he would pay a recommendable interest on the process of educating him in the industry because he has no knowledge about Bitcoin and also he will learn to value his profits with proper management.
So, I hinted him briefly about the potentials of Bitcoin with some primary technicalities and also the interests in long-term and short-term investment so he has going into a short-term investment then i asked him to go watch Bitcoin trading on YouTube and also download "Exness crypto online trading demo app" where he can practically learn about crypto trading but specially of Bitcoin.
In just 1 day spent in the demo app he felt to had learnt enough and was desperate to get into the Bitcoin market but I keep calming his desperacy because I wouldn't want to be blamed for any lost.then I asked him to keep exercising himself on the Bitcoin demo platform.
But since there was a high inflation in my country which has depreciated our local currency over USD ($) and he could raise the highest amount of capital he could but seems to be underated in USD($) exchange to purchase Bitcoin but so far so good our local currency could gained some appreciative values over USD($) again then I opted him to key in and Invest now as a means to take advantage considering the current values of the fiats while he is yet to learn about the technicalities but though some basic educations on how to secure his private keys has been imputed to him.
Now he has already invested while we undergoes the overall educational skills and techniques required to a proefficient Bitcoin investor. It was interesting that he could discuss about how he can take Bitcoin for his favorite crypto trading and funding his BTC wallet including analysing the coins values and how BTC is being at top, talks about an overview, speculation and also as the market chart.
I was so overwhelmed he that has aided to save me longer time in educating him
Bitcoin was around $26K when he came into the industry and Bitcoin market values today is impressively varying in-between $34K and $35K plus.
So he had engaged on diversifying his portfolio having his first investment for a long-term investment on ageing plans ahead the future while he has also invested a short-term for his up closed bills.
Please share with me if the introduction of the "Crypto online demo trading app" would have had the tendencies of risk impact on my friend.
At July 2023 I met an old school friend who has been unfortunate to success after the years at schools. So he was interested to know what my lean to financial explore is and I told him I deals on Building Materials. Sometimes he comes spending time with me at the shop and at most times, there is just no patronage then he was worried to ask... "How do you make it this way that you don't regularly have customers"? And how is it possible you can still achieve a whole lot of things in life such as cars and house including the possibilities of meeting with your responsibilities?
I told him that I diversifies my investments in Bitcoin and it is my most profitable source of income.
Then he said if he was financially buoyant he would love to into the Bitcoin because he has to me as a testimony of the industry.
Then I told him he can equally startup with any affordable amount which I intended to help raise a specific amount for him but because I wanted him to feel the struggle and raise the capital by himself so that he would pay a recommendable interest on the process of educating him in the industry because he has no knowledge about Bitcoin and also he will learn to value his profits with proper management.
So, I hinted him briefly about the potentials of Bitcoin with some primary technicalities and also the interests in long-term and short-term investment so he has going into a short-term investment then i asked him to go watch Bitcoin trading on YouTube and also download "Exness crypto online trading demo app" where he can practically learn about crypto trading but specially of Bitcoin.
In just 1 day spent in the demo app he felt to had learnt enough and was desperate to get into the Bitcoin market but I keep calming his desperacy because I wouldn't want to be blamed for any lost.then I asked him to keep exercising himself on the Bitcoin demo platform.
But since there was a high inflation in my country which has depreciated our local currency over USD ($) and he could raise the highest amount of capital he could but seems to be underated in USD($) exchange to purchase Bitcoin but so far so good our local currency could gained some appreciative values over USD($) again then I opted him to key in and Invest now as a means to take advantage considering the current values of the fiats while he is yet to learn about the technicalities but though some basic educations on how to secure his private keys has been imputed to him.
Now he has already invested while we undergoes the overall educational skills and techniques required to a proefficient Bitcoin investor. It was interesting that he could discuss about how he can take Bitcoin for his favorite crypto trading and funding his BTC wallet including analysing the coins values and how BTC is being at top, talks about an overview, speculation and also as the market chart.
I was so overwhelmed he that has aided to save me longer time in educating him
Bitcoin was around $26K when he came into the industry and Bitcoin market values today is impressively varying in-between $34K and $35K plus.
So he had engaged on diversifying his portfolio having his first investment for a long-term investment on ageing plans ahead the future while he has also invested a short-term for his up closed bills.
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