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Topic: Can I recommend a friend to buy Bitcoin now? - page 10. (Read 4152 times)

full member
Activity: 694
Merit: 108
santacoin.io
We can all recommends friends to buy Bitcoin but not in the high price because high price comes with the high risk. We need to also explain to our friend first on how Bitcoin price rise and fall or give them precautions before they do buying, because if we recommend them to buy btc they will surely did not understand it and maybe they will loss if they buy it without proper understanding.
We can recommend but dont forget to tell them about the risk that this investment isnt something get-rich quick scheme which means that you would still need to work hard and be wise on making out decisions so that you would really get benefit from it.

Never ever give some assurances because that will surely cost your friendship if ever the market would go into opposite direction.

You can recommend but dont give that hope that he will make money in short time.It will always vary on how the market moves.
investing in bitcoin is not a get-rich-quick scheme but when compared to other investments bitcoin is able to provide the fastest and greatest returns. but of course all of that is also accompanied by a high risk, in other words recommending a friend to buy bitcoin also has a very big responsibility.
Bitcoin is a very good investment if you can HODL it long-term. If your friend has the gut to HODL bitcoin long-term then he can make a lot of money. imagine how much the guys that invested in bitcoin early made in pure profits by just HODLing bitcoin long-term. Bitcoin is only profitable if you can HODL it long-term. They say fortune favors the bold not weak and so does the bitcoin. 
member
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
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。
Bitcoin market price moves so fast every day, I think that anytime is the right time for us to have it with all the possibilities that we will get.
but it is better if we look at market conditions first and decide to buy when the price is really low.
at this time very many people speculate that Bitcoin will return to its peak price and many people predict it will be at 6 digit numbers of course if we look at today's market conditions it is very possible and of course for people who are holding Bitcoin will not panic to sell it even though price shifts continue to occur every day.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
investing in bitcoin is not a get-rich-quick scheme but when compared to other investments bitcoin is able to provide the fastest and greatest returns. but of course all of that is also accompanied by a high risk, in other words recommending a friend to buy bitcoin also has a very big responsibility.
yes that's true, because investing in bitcoin has a big risk of course suggesting someone buying bitcoin also has a big responsibility. To be honest, until now I have not dared to recommend anyone to buy bitcoin because the risk is very high, plus a new investor is easy to panic when he sees the market going down.
I felt stupid to those encouraging their friends or family's that they can become rich in sooner time because there is no such thing in crypto unless you can find a GEM .

but if not? it is always bad idea to just believe that there is an easy profit when the truth is? this is not what crypto is all about.

This is a currency that we can use for long time and not just for profiteering .
member
Activity: 530
Merit: 10
investing in bitcoin is not a get-rich-quick scheme but when compared to other investments bitcoin is able to provide the fastest and greatest returns. but of course all of that is also accompanied by a high risk, in other words recommending a friend to buy bitcoin also has a very big responsibility.
yes that's true, because investing in bitcoin has a big risk of course suggesting someone buying bitcoin also has a big responsibility. To be honest, until now I have not dared to recommend anyone to buy bitcoin because the risk is very high, plus a new investor is easy to panic when he sees the market going down.
legendary
Activity: 2492
Merit: 1215
Robinson66, I think you are misunderstanding Bitcoin and cryptocurrency. Bitcoin is not something that was created to make some people rich and others poor. If your friends wants to invest in Bitcoin, because he wants to earn, then he can invest in any other cryptocurrency and earn as well, or invest in something else. It does not matter where to invest, everything is able to give profit (investor just need to make a research).

You should recommend your friend to buy a technology or opportunity. That can be made anytime.
full member
Activity: 1442
Merit: 108
We can all recommends friends to buy Bitcoin but not in the high price because high price comes with the high risk. We need to also explain to our friend first on how Bitcoin price rise and fall or give them precautions before they do buying, because if we recommend them to buy btc they will surely did not understand it and maybe they will loss if they buy it without proper understanding.
We can recommend but dont forget to tell them about the risk that this investment isnt something get-rich quick scheme which means that you would still need to work hard and be wise on making out decisions so that you would really get benefit from it.

Never ever give some assurances because that will surely cost your friendship if ever the market would go into opposite direction.

You can recommend but dont give that hope that he will make money in short time.It will always vary on how the market moves.
investing in bitcoin is not a get-rich-quick scheme but when compared to other investments bitcoin is able to provide the fastest and greatest returns. but of course all of that is also accompanied by a high risk, in other words recommending a friend to buy bitcoin also has a very big responsibility.
hero member
Activity: 3010
Merit: 794
We can all recommends friends to buy Bitcoin but not in the high price because high price comes with the high risk. We need to also explain to our friend first on how Bitcoin price rise and fall or give them precautions before they do buying, because if we recommend them to buy btc they will surely did not understand it and maybe they will loss if they buy it without proper understanding.
We can recommend but dont forget to tell them about the risk that this investment isnt something get-rich quick scheme which means that you would still need to work hard and be wise on making out decisions so that you would really get benefit from it.

Never ever give some assurances because that will surely cost your friendship if ever the market would go into opposite direction.

You can recommend but dont give that hope that he will make money in short time.It will always vary on how the market moves.
member
Activity: 949
Merit: 48
We can all recommends friends to buy Bitcoin but not in the high price because high price comes with the high risk. We need to also explain to our friend first on how Bitcoin price rise and fall or give them precautions before they do buying, because if we recommend them to buy btc they will surely did not understand it and maybe they will loss if they buy it without proper understanding.
full member
Activity: 643
Merit: 116
Enterapp Pre-Sale Live
bitcoin market price movement is very fast that's why i think anytime is the right time but maybe just need to wait a little while the market is correcting with the chart continuing to decline after that everything will be normal and everyone can take profit with fast price movements every day .
Bitcoin has reached its highest price for this year and even so many observers and people who own Bitcoin still want or speculate that the price of bitcoin will continue to increase I think that is very logical with the very large interest in bitcoin today.
I always think that it's never too late to start something as well as wanting to own bitcoin.
STT
legendary
Activity: 4102
Merit: 1454
Start to buy is fairly ok, I think we can bounce at these price levels for the reason we meet an old trend from prior peaks.   Its just a theory but a regular buy has many chances to engage the market rather then the speculation of just one trade attempting to buy a low and sell a high.
   Put it this way we are 20% lower and yet many thought the highs were fair entry for a longer term price gain and its still possible now we do achieve greater highs just from this lower point.
hero member
Activity: 3010
Merit: 629
Considering the current situation, i think at this time i can recommend t my friend who want to invest because the price of bitcoin is much lower than before. If anyone can invest at this moment the it would be very easy to catch fruits. In this year we get new ATH of bitcoin. We hope it will get one another ATH shortly so those who have the ability to invest with taking the risk i think it is better to invest right now.
Everytime bitcoin is declining, we know its a chance for us to take advantage. Thus buying at this point is a good decision specially if you're aiming for long term profit. Old investors are aware that the longer you hold your bitcoin, the chances of having big gains are high but it takes a lot of patience.

I already convince my sister to buy Bitcoin since she is also interested in holding it for long period. But I made sure she's aware of the possible outcome if she invest. Because it has still risk since we're not certain if the price will drop further or recover sooner.
full member
Activity: 694
Merit: 108
santacoin.io
this year bitcoin has reached ATH 2 times and for the future no one can predict it with certainty, according to anytime is the right time to have bitcoin because very fast price movements allow everything to happen both profit and loss and what will what happens in the future with bitcoin, as many people have predicted, of course it is not too late to buy now.
And now the market had plummeted which means we are on now on sale because bitcoin is cheaper compared when it was a few days ago which i could say that this is the best time on accumulating cheaper bitcoins but you shouldnt really give out sureness about making profits into your friend because
price is always been unpredictable and there's no way that you could able to know on where it would be going or heading.
Anyone could introduce bitcoin or crypto but always remind about the risk.

Yes yesterday the bitcoin price dropped significantly from $56k to $42k as the lowest price in 24 hours, so now as you said is the right time to buy bitcoin because we can get more bitcoin for cheap price, believe me usually after experiencing a significant decline in then after that there will be a big pump going on in the price of bitcoin in the near future.
price correction is a very reasonable thing and no one can know for sure to what extent the Bitcoin price correction will occur, therefore when compared to some time ago the current Bitcoin price is already low and of course it is very appropriate to buy it now, with all possibilities What could happen is that the decision to buy Bitcoin at this time I think will be very worth it because the very fast price movements make it possible to be able to take profits.
I don't think there is a bad time to buy bitcoin if you have the gut to HODL it for some time. The best strategy to make a good profit with bitcoin is just by HODLing. HODLing bitcoin for the long term is the best idea unless if you are doing day trading which is too risky if you don't have trading skills and experience. if you want to buy the dip and sell later, well now is a good time to buy.
full member
Activity: 308
Merit: 100
this year bitcoin has reached ATH 2 times and for the future no one can predict it with certainty, according to anytime is the right time to have bitcoin because very fast price movements allow everything to happen both profit and loss and what will what happens in the future with bitcoin, as many people have predicted, of course it is not too late to buy now.
And now the market had plummeted which means we are on now on sale because bitcoin is cheaper compared when it was a few days ago which i could say that this is the best time on accumulating cheaper bitcoins but you shouldnt really give out sureness about making profits into your friend because
price is always been unpredictable and there's no way that you could able to know on where it would be going or heading.
Anyone could introduce bitcoin or crypto but always remind about the risk.

Yes yesterday the bitcoin price dropped significantly from $56k to $42k as the lowest price in 24 hours, so now as you said is the right time to buy bitcoin because we can get more bitcoin for cheap price, believe me usually after experiencing a significant decline in then after that there will be a big pump going on in the price of bitcoin in the near future.
price correction is a very reasonable thing and no one can know for sure to what extent the Bitcoin price correction will occur, therefore when compared to some time ago the current Bitcoin price is already low and of course it is very appropriate to buy it now, with all possibilities What could happen is that the decision to buy Bitcoin at this time I think will be very worth it because the very fast price movements make it possible to be able to take profits.
sr. member
Activity: 1106
Merit: 391

Yes yesterday the bitcoin price dropped significantly from $56k to $42k as the lowest price in 24 hours, so now as you said is the right time to buy bitcoin because we can get more bitcoin for cheap price, believe me usually after experiencing a significant decline in then after that there will be a big pump going on in the price of bitcoin in the near future.
today's bitcoin price has added $6k since its low in recent weeks. Bitcoins are at a discount and this is the best time to add or buy bitcoins. in the future bitcoin will definitely make a new ATH again.
sr. member
Activity: 980
Merit: 250
$CYBERCASH METAVERSE
this year bitcoin has reached ATH 2 times and for the future no one can predict it with certainty, according to anytime is the right time to have bitcoin because very fast price movements allow everything to happen both profit and loss and what will what happens in the future with bitcoin, as many people have predicted, of course it is not too late to buy now.
And now the market had plummeted which means we are on now on sale because bitcoin is cheaper compared when it was a few days ago which i could say that this is the best time on accumulating cheaper bitcoins but you shouldnt really give out sureness about making profits into your friend because
price is always been unpredictable and there's no way that you could able to know on where it would be going or heading.
Anyone could introduce bitcoin or crypto but always remind about the risk.

Yes yesterday the bitcoin price dropped significantly from $56k to $42k as the lowest price in 24 hours, so now as you said is the right time to buy bitcoin because we can get more bitcoin for cheap price, believe me usually after experiencing a significant decline in then after that there will be a big pump going on in the price of bitcoin in the near future.
legendary
Activity: 3094
Merit: 1127
this year bitcoin has reached ATH 2 times and for the future no one can predict it with certainty, according to anytime is the right time to have bitcoin because very fast price movements allow everything to happen both profit and loss and what will what happens in the future with bitcoin, as many people have predicted, of course it is not too late to buy now.
And now the market had plummeted which means we are on now on sale because bitcoin is cheaper compared when it was a few days ago which i could say that this is the best time on accumulating cheaper bitcoins but you shouldnt really give out sureness about making profits into your friend because
price is always been unpredictable and there's no way that you could able to know on where it would be going or heading.
Anyone could introduce bitcoin or crypto but always remind about the risk.
full member
Activity: 308
Merit: 100
this year bitcoin has reached ATH 2 times and for the future no one can predict it with certainty, according to anytime is the right time to have bitcoin because very fast price movements allow everything to happen both profit and loss and what will what happens in the future with bitcoin, as many people have predicted, of course it is not too late to buy now.
hero member
Activity: 2996
Merit: 609
If your friend is ok to invest and wait for long term then yes, anytime you can buy as market is volatile.
For the long-term holding, it is better to wait for the bearish season. There is no need to hurry to buy Bitcoin now, it is still in bullish season. Another thing that you must tell your friends is about no guarantee for profits. Investing in Bitcoin doesn't mean 100% successfully with high profits, it depends on many factors. In reality, there are also many people who lost their money in Bitcoin if investing carelessly and with no sufficient knowledge. So, you need to suggest your friends learn Bitcoin and crypto market constantly, and always update information as well.

For long term hodling then you wouldnt really mind about on what price point you would gonna buy because you are aiming for long term which means no matter what price you do able to buy your coin then this wont really be much of an issue yet you can bare with that but if you do like to see profits on short term basis then its up to you whether you do mind on waiting for cheaper price or when the market
tends to have some pullback or correction.Its a matter of choice for someone to make.
legendary
Activity: 2226
Merit: 1086
duelbits.com
If your friend is ok to invest and wait for long term then yes, anytime you can buy as market is volatile.
For the long-term holding, it is better to wait for the bearish season. There is no need to hurry to buy Bitcoin now, it is still in bullish season. Another thing that you must tell your friends is about no guarantee for profits. Investing in Bitcoin doesn't mean 100% successfully with high profits, it depends on many factors. In reality, there are also many people who lost their money in Bitcoin if investing carelessly and with no sufficient knowledge. So, you need to suggest your friends learn Bitcoin and crypto market constantly, and always update information as well.
hero member
Activity: 3010
Merit: 794
Right this moment its best to wait for price action to prove itself above the 50 day average.   Its confusing because today price is rising, the sell from the variant news is not as bad as it could have been.  That might continue positively but the safest point is once we have reconfirmed our path upwards, where as today is just a trade gain that can reverse back on itself.  Situation is still live, as said regular buys over longer term are still likely just fine as an average is safer overall.
  3 weeks is the rough time line for pricing vs news to even out,  I think we will trade within a range really.
For a beginner then this would really be on that technical side of things and someone explaning something like this would really be hard for their friend
to understand thats why you shouldnt really come to this point when explaining things.

For advanced users then they wouldnt be typically asking out these things yet its impossible for someone to ask out in regarding with this one knowing that
they could make on their own which means it wouldnt be necessary.

Just dont give out some assurance whenever you do introduce things to other people.
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