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Topic: Can I recommend a friend to buy Bitcoin now? (Read 3978 times)

sr. member
Activity: 903
Merit: 391
December 20, 2022, 07:36:47 PM
Since I got to know bitcoin around 2014 ago and at that time it was very easy to earn bitcoin from giveaways, surveys, faucets and so on I always introduced bitcoin via Facebook, there were those who followed and many underestimated, when the price skyrocketed in 2017 many people very happy because I can buy the latest android.
It is part of your experience in the journey to know Bitcoin. Because if you remember people who underestimate Bitcoin, let alone in the past but still exist today even though they have been able to read more about Bitcoin from several online media. If in the past many underestimated Bitcoin, I think it is still in the reasonable category because maybe they just heard about it from you and didn't immediately find out more about Bitcoin on the internet and didn't fully want to ask other people who already know how Bitcoin is.
full member
Activity: 1484
Merit: 101
Since I got to know bitcoin around 2014 ago and at that time it was very easy to earn bitcoin from giveaways, surveys, faucets and so on I always introduced bitcoin via Facebook, there were those who followed and many underestimated, when the price skyrocketed in 2017 many people very happy because I can buy the latest android.
sr. member
Activity: 2254
Merit: 439
Leading Crypto Sports Betting & Casino Platform
Remember, recommending to friends or family is a good thing, but always say that investment in Bitcoin is at high risk, never invite or encourage to buy, most people if profit will be silent but when loss will talk a lot and blame, I have ever experienced it , when introducing Bitcoin to friends and he invest around $ 4500 then in 2 months loses more than 20% he always blames me and thinks that I am not responsible.
I don't think anyone should be advised to buy bitcoin or stocks or gold or anything else. In that case, no one will blame you for the failures. After all, if something goes wrong, you will be blamed if your friend or relative loses money. In fact, why would you recommend anyone anything? If you are so sure that you are right, buy bitcoin and prove it by deed, not by advice.
legendary
Activity: 2940
Merit: 1050
Leading Crypto Sports Betting & Casino Platform

Cryptocurrencies are generally volatile in nature. So proper timing for the investment is not quite an easy task. However, there are some moments when the investment environment is relatively more favorable than others.

With any other investment, cryptocurrency buyers should be aware of their risk tolerance and market conditions.

A world is often heard that the best time to buy cryptocurrency whenever you are ready to start investing. You should not invest more than the amount you are willing to lose. And should remember the rule of dollar-cost averaging. The price per Bitcoin is now $16720 which was 69000 last year. It is down about 75 percent from that position. Moreover, the bullish trend of Bitcoin is usually seen towards the end of every year. Bitcoin has been bearish for almost too long and now seems to be the perfect time to turn bullish. Considering the above factors we can recommend our friends or acquaintances to invest in Bitcoin.

If a friend do have an investor mindset and capable to extend their trust after your recommendation, chances of making good success is possible, yes it's true that timing is very important, but it's also needed of good adjustments since the market is volatile, allowing them to explore and understand first how things may favor them and what are the factors that they needed to understand before jumping inside the business.

With such ideas, they can develop good anticipations and they can prepare if how they will adjust to every situation that they might
encounter while inside the market.

The first knowledge is from you, but the enhancement of that idea always depends on how they will adopt and how hungry they
are to succeed.
sr. member
Activity: 1358
Merit: 253
Remember, recommending to friends or family is a good thing, but always say that investment in Bitcoin is at high risk, never invite or encourage to buy, most people if profit will be silent but when loss will talk a lot and blame, I have ever experienced it , when introducing Bitcoin to friends and he invest around $ 4500 then in 2 months loses more than 20% he always blames me and thinks that I am not responsible.
hero member
Activity: 1512
Merit: 506
Leading Crypto Sports Betting & Casino Platform
We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin, of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.

Cryptocurrencies are generally volatile in nature. So proper timing for the investment is not quite an easy task. However, there are some moments when the investment environment is relatively more favorable than others.

With any other investment, cryptocurrency buyers should be aware of their risk tolerance and market conditions.

A world is often heard that the best time to buy cryptocurrency whenever you are ready to start investing. You should not invest more than the amount you are willing to lose. And should remember the rule of dollar-cost averaging. The price per Bitcoin is now $16720 which was 69000 last year. It is down about 75 percent from that position. Moreover, the bullish trend of Bitcoin is usually seen towards the end of every year. Bitcoin has been bearish for almost too long and now seems to be the perfect time to turn bullish. Considering the above factors we can recommend our friends or acquaintances to invest in Bitcoin.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
there are people in this world that you may think you are doing good for them and in the end they will hate you, for example you can recommend them to buy bitcoin now, they can take 100$ and buy bitcoin, but these people will already be waiting that they will have 400$ in a short time and that later they will withdraw that money to buy alcohol, time starts to pass and they are not seeing bitcoin rising, so they start to get irritated and hate you because that 100$ was the money that they would use it to buy alcoholic beverages

after a while they started showing up at your house to blame you for having made them take the 100$ and buy bitcoin, you could have hellish days because they are accusing you of having lied to them, so my advice: don't talk encourage nobody buying bitcoin, nowadays there is google, tv, youtube and they alone can know everything about bitcoin
member
Activity: 686
Merit: 21
Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If you take directly from the board or Bitcoin which is the chat you will see that Bitcoin has not been rising anything what bitcoin is experiencing man is falling I have which I believe that it will still be in this state until we enter next year 2023 and let us expect 4 bitcoin increment in 2024 because with this method or bitcoin rising and falling I think it will still affect 2023
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin, of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.

You need to provide different factors after you recommend, yes, it's good to give idea regarding to this industry as the chance of making
money is possible, but you also need to make sure that you provide detailed information.

The most common mistake from the newbie is they are here trying to make money in short period of time, thinking that they can
have that luck investing with bitcoin.

Without the right knowledge they will suffer and end up losing their investment if you will not give them the proper information
that they need.
hero member
Activity: 2184
Merit: 718
We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin, of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.
Then why don't you tell people who don't know about the benefits that can also be obtained through Bitcoin? Do you feel uneasy when newbies are able to profit through Bitcoin in a short amount of time or do you just want to keep them (Newbies) away from Bitcoin which they should be familiar with before getting to know more shitcoins or other altcoins on the market?

Logically if there are more and more people who want to introduce Bitcoin to the masses over time, the better for them and for Bitcoin too. Because the description that must be given must also be balanced where the advantages and disadvantages must be explained in full so that those who are just getting to know Bitcoin can take their own attitudes and risks after understanding how it works
hero member
Activity: 1246
Merit: 695
We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin
There is no need to recommend because bitcoin has provided evidence, beginners only need to understand the qualifications of the investment picture, the power of bitcoin and the value of investing in it, so they are not fixated on any conditions in the journey of bitcoin. Some beginners don't understand the basics which keeps them stuck with promised profits.

Quote
of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.
Even though bitcoin has been proven to be a promising investment asset and is able to maintain value, of course beginners need some knowledge before trying to invest, because providing guarantees and profit descriptions can not only provide knowledge for them, so that when the market declines they will experience panic and do something to his detriment.
hero member
Activity: 1778
Merit: 871
Rollbit.com ⚔️Crypto Futures
We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin, of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.
I agree with you, and the problem about crypto recommendations is people are quick to take information about making money from buying and hodling the coins because that's what they want to hear but never show interest to take into account the risks and retainer duration before the investment pays back.
It's high time potential investors big or small are told that crypto isn't free money, it has to play to the gallery of supply and demand to achieve its potential.
sr. member
Activity: 1792
Merit: 255
We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin, of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.
sr. member
Activity: 2268
Merit: 275
Indeed, giving financial advice to someone is really not easy and shouldn't even be because we are not them, we don't know what they're thinking and what they want, are they willing to take the risk or not...a lot to talk about. I will do the same as you two, give them knowledge and let them decide for themselves whether to invest. Investing in bitcoin is very risky, even if we are not sure we can make a profit, we cannot give arbitrary advice.
It's like that, if I recommend too much to others, I feel I have interfered in their financial affairs. And when it's like that, surely we will be blamed in the future if unwanted things happen.
As I said before, once they fully understand the bitcoin space it will be on their own to get into it. Bitcoin is not forced, but they are free to make their own decisions. Likewise with me, at first I wasn't even recommended at all, but they introduced me to this, and now I am voluntarily in this space.
sr. member
Activity: 1484
Merit: 254
I have recommended Bitcoin since a few years ago, at that time because for Bitcoin earnings is very easy for example by joining the giveaway, survey, faucets and so on, then the earnings are used for investments such as cloud mining and so on, I also recommend buying when the price is red price , some are successful and some fail or lose money, of course I always say that bitcoin is a very risky thing.
hero member
Activity: 2660
Merit: 608
Vave.com - Crypto Casino
Just educate first the people that you're talking to if they're interested to know more about bitcoin. Tell them the good things about bitcoin but don't forget to include the risks that someone will take if they ever decide to invest in bitcoin.
Obviously this is the best way to go about telling people about buying Bitcoin if you want any of friends to get involved , give them the education first in order for them to really understand what Bitcoin is and how it works, This was same way I got one of my friend interested to invest money into Bitcoin after has gotten the necessary info and proper knowledge about Bitcoin.
Yeah, the very first approach should be transparent and it's just all about sugar coating your words about bitcoin because that's not really good at all. Learn from the past and many have been introduced to bitcoin not knowing the risk they're taking.

Avoid giving guarantees because that's where you're just making yourself in trouble because the person you're talking to might blame you later on if resuls didn't go according to what you've guaranteed.
Normally no guarantees when it comes to digital/cryptocurrency investment, everything is on trial method right now and you can only tell people about future expectation of Bitcoin base on historical data.
There are different approach for which they tell that after buying bitcoin, they'll earn in an instant or they'll say some amazing and encouraging words. We don't do that, we give facts and if they'll believe on it then the should do.
hero member
Activity: 770
Merit: 540
Just educate first the people that you're talking to if they're interested to know more about bitcoin. Tell them the good things about bitcoin but don't forget to include the risks that someone will take if they ever decide to invest in bitcoin.
Obviously this is the best way to go about telling people about buying Bitcoin if you want any of friends to get involved , give them the education first in order for them to really understand what Bitcoin is and how it works, This was same way I got one of my friend interested to invest money into Bitcoin after has gotten the necessary info and proper knowledge about Bitcoin.

Avoid giving guarantees because that's where you're just making yourself in trouble because the person you're talking to might blame you later on if resuls didn't go according to what you've guaranteed.

Normally no guarantees when it comes to digital/cryptocurrency investment, everything is on trial method right now and you can only tell people about future expectation of Bitcoin base on historical data.
hero member
Activity: 2926
Merit: 722
Leading Crypto Sports Betting & Casino Platform
All we can do is recommend, never ask to invest in bitcoin even though we have experience of large profits, instead say that investing in bitcoin is very risky because it can make money disappear in a short time. it's too dangerous if we recommend it and it turns out that our friends don't understand and only think about profit.
That clearly has its dangers if someone only thinks about profits and forgets about the risk of loss that can come at any time in the assets he is investing in. Recommendations are only as initial instructions for him that come from other people, and if he runs the investment only because someone orders him, while he still doesn't understand the techniques and things he needs to know. It would be very dangerous and even he would blame that person when he experienced a sudden loss.
When you do make out some introduction then it shouldn't really be focusing that much when it comes on how to make money with Bitcoin but rather should really be focusing when it comes into its utility which

it is really that worth when it comes to that.People are really way that too impulsive on emotion on the time that they are hearing off about on how to make money.If they are really that sticking and been

interested to that then we cant really blame them since it is really just been that part of human instinct and behavior.Thing that you should bare up on your mind is that
dont make someone do really been given the feeling of being assured when it comes to make money, avoid yourself on getting blamed once the market would be having
some bad times.
legendary
Activity: 2940
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
All we can do is recommend, never ask to invest in bitcoin even though we have experience of large profits, instead say that investing in bitcoin is very risky because it can make money disappear in a short time. it's too dangerous if we recommend it and it turns out that our friends don't understand and only think about profit.
That clearly has its dangers if someone only thinks about profits and forgets about the risk of loss that can come at any time in the assets he is investing in. Recommendations are only as initial instructions for him that come from other people, and if he runs the investment only because someone orders him, while he still doesn't understand the techniques and things he needs to know. It would be very dangerous and even he would blame that person when he experienced a sudden loss.

Initial introductions which he needed to learn the deeper part of the business, at first, it's your obligation to teach them after you introduce or recommend this business, I'm pretty sure that the first impressions coming from your friend after you tell them your success story is they also wanted to have the same journey.

Without guiding them, the process might turned to the otherside, most people who are new to crypto thinks that they can earn quick and the profits is huge.

A misconceptions that you can change when providing the right guides and patterns with your personal practices.
hero member
Activity: 2506
Merit: 576
All we can do is recommend, never ask to invest in bitcoin even though we have experience of large profits, instead say that investing in bitcoin is very risky because it can make money disappear in a short time. it's too dangerous if we recommend it and it turns out that our friends don't understand and only think about profit.
That clearly has its dangers if someone only thinks about profits and forgets about the risk of loss that can come at any time in the assets he is investing in. Recommendations are only as initial instructions for him that come from other people, and if he runs the investment only because someone orders him, while he still doesn't understand the techniques and things he needs to know. It would be very dangerous and even he would blame that person when he experienced a sudden loss.
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