Can I recommend a friend to buy Bitcoin now? - page 2.

posi

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Quote from: Fesatmas on December 15, 2022, 07:54:36 AM

Quote from: Ayers on September 24, 2022, 04:03:38 AM

Quote from: ?? on ??

Inviting them to buy, of course, is a risky thing, although the opportunity for profit when buying at the current price is very large but the risk is always there, even many analysts are sure that prices can go down below $ 17K.

really this is a good time to buy bitcoin but to be honest i don't recommend my friends to buy at this time, some people still ask me about bitcoin but what i want them to know is knowledge about bitcoin, not investment in the first place
i know they know about bitcoin because the news bitcoin price surge brings wealth to many people, but it is not that simple. so i advise them to learn everything about bitcoin first not only profit but also risk it can bring them
as long as the market is still there, opportunities are still there, as long as they know how to seize everything, it's not too late to invest in the future

Yes, I will also do the same as you, instead of having to recommend buying bitcoin now, I prefer to give them the basic knowledge about bitcoin first, what are the advantages, I will definitely reveal all the risks involved. Not everyone will understand quickly what bitcoin is and also they are attracted to bitcoin because they heard that some people started good entries so that it is profitable for them. But not everything that happens is as expected, sometimes we have to be patient longer before feeling the benefits. After they understand, I'm sure they will understand what they should do without us recommending it.

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.

Fesatmas

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Quote from: Ayers on September 24, 2022, 04:03:38 AM

Quote from: ?? on ??

Inviting them to buy, of course, is a risky thing, although the opportunity for profit when buying at the current price is very large but the risk is always there, even many analysts are sure that prices can go down below $ 17K.

really this is a good time to buy bitcoin but to be honest i don't recommend my friends to buy at this time, some people still ask me about bitcoin but what i want them to know is knowledge about bitcoin, not investment in the first place
i know they know about bitcoin because the news bitcoin price surge brings wealth to many people, but it is not that simple. so i advise them to learn everything about bitcoin first not only profit but also risk it can bring them
as long as the market is still there, opportunities are still there, as long as they know how to seize everything, it's not too late to invest in the future

Yes, I will also do the same as you, instead of having to recommend buying bitcoin now, I prefer to give them the basic knowledge about bitcoin first, what are the advantages, I will definitely reveal all the risks involved. Not everyone will understand quickly what bitcoin is and also they are attracted to bitcoin because they heard that some people started good entries so that it is profitable for them. But not everything that happens is as expected, sometimes we have to be patient longer before feeling the benefits. After they understand, I'm sure they will understand what they should do without us recommending it.

Jody.Drummer

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Quote from: piebeyb on August 15, 2022, 01:19:34 PM

Quote from: Robinson66 on July 26, 2021, 01:26:30 AM

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。

I do not recommend that you invite your friends to invest in bitcoin for now, you need to educate them also about what bitcoin and crypto are so they can make it an adoption not only as an investment, you can see my thread here about how cycle 4 the year it worked

Instead of inviting it, it's better to introduce it first, in this case, if indeed what we introduce is still lay, it will actually be difficult if you are directly invited to bitcoin,
But on the other hand, introducing from now on the ins and outs of Crypto will obviously be very good, especially seeing that Bitcoin's current condition is below that, in fact, in my opinion, it's worth it. As long as the introduction from the start is not wrong, because the kit has to look at the worst side first before feeling sweet at the end, rather than giving an introduction about a big price, in the end there is a little regret. I think it's better to be introduced from when bitcoin is in a phase like this. that way we know the risks when investing here.

Ani1985

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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.

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Quote from: longyenthanh on December 13, 2022, 11:29:28 AM

Indeed, one should not invest in anyone's recommendation or wisdom. Must first have proper understanding, education and reasoning power about Bitcoin and Cryptocurrency. If not, it can cause a lot of damage.

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.
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 results didn't go according to what you've guaranteed.

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Quote from: longyenthanh on December 13, 2022, 11:29:28 AM

Quote from: piebeyb on August 15, 2022, 01:19:34 PM

Quote from: Robinson66 on July 26, 2021, 01:26:30 AM

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。

I do not recommend that you invite your friends to invest in bitcoin for now, you need to educate them also about what bitcoin and crypto are so they can make it an adoption not only as an investment, you can see my thread here about how cycle 4 the year it worked

Indeed, one should not invest in anyone's recommendation or wisdom. Must first have proper understanding, education and reasoning power about Bitcoin and Cryptocurrency. If not, it can cause a lot of damage.

Recommendation can be used as the basis to begin with, but yes, proper education and right knowledge of anything that you would like to invest or to work with will give you good chances of success.

Without any knowledge, you will risk your money and your time. There are people who have been to encourage from the recommendations
of friends and families, most of them failed to survive.

Money matters, emotions are always the big factors when deciding. You are not exempted from panicking when collapse happens so
better to established a good preparation before entering this business.

dunfida

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Quote from: longyenthanh on December 13, 2022, 11:29:28 AM

Quote from: piebeyb on August 15, 2022, 01:19:34 PM

Quote from: Robinson66 on July 26, 2021, 01:26:30 AM

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。

I do not recommend that you invite your friends to invest in bitcoin for now, you need to educate them also about what bitcoin and crypto are so they can make it an adoption not only as an investment, you can see my thread here about how cycle 4 the year it worked

Indeed, one should not invest in anyone's recommendation or wisdom. Must first have proper understanding, education and reasoning power about Bitcoin and Cryptocurrency. If not, it can cause a lot of damage.

And also it is really that regretful when you do follow someones advice and did turn out to be that a losing trade or investment then this is where regrets do comes in and would be blaming out thats why learning for

yourself when it comes to investment is always been that recommendable.Its not bad to look for some learnings on someones experience but you shouldn't really be relying on it since its not really that recommended.

If you are someone who do make out recommendations then be sure not to forget on making some warning or caution on someone that this isnt something that you could easily
deal with and also this isnt a market that could make out easy profits.

longyenthanh

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Quote from: piebeyb on August 15, 2022, 01:19:34 PM

Quote from: Robinson66 on July 26, 2021, 01:26:30 AM

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。

I do not recommend that you invite your friends to invest in bitcoin for now, you need to educate them also about what bitcoin and crypto are so they can make it an adoption not only as an investment, you can see my thread here about how cycle 4 the year it worked

Indeed, one should not invest in anyone's recommendation or wisdom. Must first have proper understanding, education and reasoning power about Bitcoin and Cryptocurrency. If not, it can cause a lot of damage.

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Quote from: Vinaa77 on September 25, 2022, 02:53:49 PM

Quote from: Robinson66 on July 26, 2021, 01:26:30 AM

Do you think that this kind of market should be forbidden to enter or continue to buy?

Maybe this is not the right time to buy even though the market is being dumped. Because market conditions like this will continue until the whales actually come in to pump. The global economy is in crisis, billionaires are using their money for business interests outside of crypto. Most of them are also involved in government business. What we need to do now is monitor the market and also monitor the development of information between countries, and other political issues.

If its not the right time to buy then when you would really be considering on doing so? In bear markets then its true that it is really that hard to make out buy decisions but come to think that this is
the best time on accumulating cheaper coins but we know that it wont really be that easy.We would really be mainly be thinking that we might really be seeing the price shoots down even more and
that what gives that kind of anxiety or hesitance because we've known that this market could even more dump even you do say your'e experienced one but doesnt mean you do make assurances
of every decisions you do make.You could make out recommendations into someone but dont really give out assurance that they could get profits or easy money on this market.

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Quote from: Robinson66 on July 26, 2021, 01:26:30 AM

Do you think that this kind of market should be forbidden to enter or continue to buy?

Maybe this is not the right time to buy even though the market is being dumped. Because market conditions like this will continue until the whales actually come in to pump. The global economy is in crisis, billionaires are using their money for business interests outside of crypto. Most of them are also involved in government business. What we need to do now is monitor the market and also monitor the development of information between countries, and other political issues.

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Quote from: BobK71 on September 23, 2022, 06:28:33 AM

Yes of course, one should invite neighbors or friends, at first he should give them good knowledge about Bitcoin. They must be well informed about the risks so that the friend or relative not blame him in any adverse situation. But if anyone disagrees after deserving the whole things then no one should motivate and those who are agree and very much influenced they must have to be suggested for long-term investment.

If they are not interested to join crypto trading or investment, surely we shouldn't invite them. Inviting people who have no intention of crypto may bring problems and they won't accept anything related to crypto, too. In my opinion, it is better to avoid those people who aren't interested in crypto since it only wastes time, even if they are our family, friends, or neighbors. So far, I only invite people who have an intention with crypto or people who aren't against digital assets at least.

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Quote from: Oilacris on September 22, 2022, 04:10:24 PM

even us who are been here on this market for a while does know its potential in terms or recovery but into those people who do just recently know it whether because you do introduce it to them or get it on other sources then it would be normal that their hopes are really that high which they do even believe that on the time that they had able to buy then they do expect something gains after than which its not always the case.

If it's a new coin yes it's hard to determine their potential or if they can still recover whenever they dump. While if it's about old coins, we can assume that they can always recover even it takes time. Normally when we are the ones who introduce a coin to our friends we let them understand that earning or earning big rather is not 100% guarantee but despite of that they might still feel excited because they are new in it although that level of excitement is not high as when they are only figuring things themselves.

Quote

they do even believe that on the time that they had able to buy then they do expect something gains after than which its not always the case.

As long as always you introduce them on the right time like when the price is falling hard, then the recovery rate is also faster.

Ayers

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Quote from: ?? on ??

Inviting them to buy, of course, is a risky thing, although the opportunity for profit when buying at the current price is very large but the risk is always there, even many analysts are sure that prices can go down below $ 17K.

really this is a good time to buy bitcoin but to be honest i don't recommend my friends to buy at this time, some people still ask me about bitcoin but what i want them to know is knowledge about bitcoin, not investment in the first place
i know they know about bitcoin because the news bitcoin price surge brings wealth to many people, but it is not that simple. so i advise them to learn everything about bitcoin first not only profit but also risk it can bring them
as long as the market is still there, opportunities are still there, as long as they know how to seize everything, it's not too late to invest in the future

newdevices

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Bitcoin prices towards the last week of September are very volatile and historically in September Bitcoin has always been negative,
of course if you want to buy and encourage your friends to buy this is the right time,
because bitcoin prices are down and cheap that's a good buy time for the long term.
Don't even buy when the price reaches new ATH, obviously it's very risky to get you hooked Grin

batang_bitcoin

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Now is the good time to suggest it to your friend. But make sure a friend of yours is aware on how bitcoin runs, because if not, they'll only think about it that it's always a profit day.
It's not how it works but just to be sure, don't encourage them to buy instead explain to them what could happen if they buy together with the pros and cons if the market is positive/negative.

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Quote from: BobK71 on September 23, 2022, 06:28:33 AM

Quote from: Oilacris on September 22, 2022, 04:10:24 PM

terms or recovery but into those people who do just recently know it whether because you do introduce it to them or get it on other sources then it would be normal that their hopes are really that high which they do even believe that on the time that they had able to buy then they do expect something gains after than which its not always the case.

You can recommend but never ever make out assurances about making profits or money.

Yes of course, one should invite neighbors or friends, at first he should give them good knowledge about Bitcoin. They must be well informed about the risks so that the friend or relative not blame him in any adverse situation. But if anyone disagrees after deserving the whole things then no one should motivate and those who are agree and very much influenced they must have to be suggested for long-term investment.

That's the point before recommending or teaching anyone to invest with Bitcoin. You should always consider the knowledge that the person must adopt, so there's no blame to happen. The deeper the person understand the industry the longer he will spend his time engaging with the business, unlike with someone who' being lead thru hypes those people who will be easy to panic, when dump take place they will lose their money and they will point that to you.

It's not easy as how other people think it is, there are lots or long time to spend before you will fully understand the concepts.

Recommending by means of introducing and guiding your friend is good as long as you are willing to guide them and they are willing to extend their time to gather more information about the business that they are involving.

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Quote from: Oilacris on September 22, 2022, 04:10:24 PM

terms or recovery but into those people who do just recently know it whether because you do introduce it to them or get it on other sources then it would be normal that their hopes are really that high which they do even believe that on the time that they had able to buy then they do expect something gains after than which its not always the case.

You can recommend but never ever make out assurances about making profits or money.

Yes of course, one should invite neighbors or friends, at first he should give them good knowledge about Bitcoin. They must be well informed about the risks so that the friend or relative not blame him in any adverse situation. But if anyone disagrees after deserving the whole things then no one should motivate and those who are agree and very much influenced they must have to be suggested for long-term investment.

Oilacris

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Inviting them to buy, of course, is a risky thing, although the opportunity for profit when buying at the current price is very large but the risk is always there, even many analysts are sure that prices can go down below $ 17K.

This is why its really important that you should really make explanation about that particular risk into your friend because even us who are been here on this market for a while does know its potential in

terms or recovery but into those people who do just recently know it whether because you do introduce it to them or get it on other sources then it would be normal that their hopes are really that high which they do even believe that on the time that they had able to buy then they do expect something gains after than which its not always the case.

You can recommend but never ever make out assurances about making profits or money.

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Quote from: m2017 on June 08, 2022, 08:32:47 AM

Quote from: arufox on June 08, 2022, 07:19:06 AM

Quote from: Rockstarguy on March 05, 2022, 03:26:05 AM

Quote from: bots1 on March 04, 2022, 01:09:37 PM

Quote from: Robinson66 on July 26, 2021, 01:26:30 AM

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 believe in Bitcoin fundamentals, it's never too late and anytime would be a good time to buy. However, before you jump into investing, you also need to consider your own plans. Like when do you plan to take profit or the time frame you expect to finally enjoy the return on investment. Another thing to be prepared is a strong mentality to get through the market volatility. The price of Bitcoin, which tends to fluctuate, should not affect your decision to buy or start investing. Don't let sudden price increases change your long-term investment strategy. In addition, it is important for you to learn technical so that you know the right time to buy and sell

Yes you are right it is never too late to buy bitcoin, the price at which bitcoin is now is what can be afforded and it is favourable. Sometimes it depends on the target of profit and the available money to be invested , but at the point at which bitcoin is presently it is not late for anyone who wants to invest in bitcoin.

Anyone can buy and invest in Bitcoin any time they want. Unlike the traditional stock market which only operates during certain hours of the day and week, the crypto market is independent of time. Although the course of the bitcoin price experiencing ups and downs, overall the future of Bitcoin looks to be very bright. In addition, the adoption rate of Bitcoin has also experienced rapid growth, unlike the previous year. But keep in mind that in bitcoin and crypto investing, we must be able to manage emotions so that we don't make decisions in a hurry and which can lead to losses.

When investing in bitcoin at any time, one should not forget such an important detail as for what period of time you plan to invest. With short-term investment, this rule may not work: you buy for 40.000$, and in a week it will cost 30.000. But in general, if you buy bitcoin to hold for several years, then you can buy at any time.

If we talk about the question posed on the title of this topic, then right now you can easily recommend bitcoin for purchase to all friends. As you can see, the price has now dropped a lot, which has created a situation for a successful purchase at a bargain price. Tell your friends about bitcoin, and maybe they will thank you for it in a couple of years.

Even though the bitcoin price is currently in a deep slump, buying large amounts of bitcoin when it's falling is not a wise move. Even though the bitcoin price is currently falling, it doesn't mean it's a wise move if we put all our money to invest there. We can recommend to friends to buy bitcoin when the price is down like now, but they must pay attention to money management and planning for the long term and also should not panic when they see the market is in the red zone.

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You can advice your friend to buy Bitcoin and have keep for long term investment because this is the best opportunity and time to buy Bitcoin and keep and when it rise you make your gain. If you want it to faill to the list before you buy, it seems that you want to lose your opportunity in bitcoin investment. Tell your friend to buy and hold till the ending of this year

But it would be better if the person who will be informed is someone who already understands about investing and Bitcoin and its risks. Because everyone can not guarantee for profit through any investment as long as there is no increase in price as desired. So make sure the person who is given the advice is based on his own intentions, not based on orders from others or ideas from others. Because it will look good when he loses on the basis of his own intentions without having to involve other people in it.

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