Can I recommend a friend to buy Bitcoin now? - page 3.

BobK71

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Quote from: Robinson66 on July 26, 2021, 02:26:30 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。

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

There is a word that A friend in need, is a friend indeed. If Bitcoin's success is not shared with close friends, it is in a sense a selfish act. Bitcoin will return to its highest expected place. If a friend complains that he could not buy bitcoins for verdancy, then you must be ashamed because of you knew about bitcoin but not share. After all the price of bitcoin is much less so this is the right time to recommend anyone.

Fredomago

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Quote from: carlfebz2 on September 09, 2022, 05:15:01 PM

All matters with experience and knowledge because you wouldnt able to determine on when to get in if you arent aware on how this market works on the first place and just like on what others been saying on here is that you could really make out some recommendation on buying bitcoin or crypto but as long you dont make out some guarantees that your friend would believe on then it should be fine.Most of the time where people do really easily believed about money making which your interest would be on the rooftop on the time you've been hearing about money making but honestly it isnt really simple as it sounds.
Recommendation does really involved with some basic explanation about on what it is but dont ever forget about the risk involved with it.

Good explanation gives a good edge to someone who are willing to take their chances, though everything must be depends with how the person reacts in any advice that you are giving, if the person is keen into success he will find ways to explore deeper, recommendation for further assistance and explanations will allow your friends to grow more.

It's all about your own trust with your knowledge and how will you deliver it to be adopted by another person who you really wanted to experience the good things that you've got from this industry.

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Quote from: Robinson66 on July 26, 2021, 02:26:30 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。

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

It easy to say but without explanation on why you needed to hold it for long-term will kick your friend ass each time he experienced more fall than expected, to the point that he might fear the market and instead of holding he will sell it out with huge losses from his initial investment, before recommending something i's better to make your friend realize both possible risk and gains from this industry.

carlfebz2

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Quote from: coinerer on September 09, 2022, 02:19:10 PM

Quote from: Rana590 on August 14, 2022, 02:02:05 PM

Quote from: burky156 on August 11, 2022, 04:37:51 AM

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.

Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.

The present time can be termed as the best time to invest in Bitcoin. At this time, it is very important to inform those who are close by. Although there may be confusion about whether they will be able to understand about it. If they are able to understand its various aspects then surely they will not want to miss this bearish opportunity.

All matters with experience and knowledge because you wouldnt able to determine on when to get in if you arent aware on how this market works on the first place and just like on what others been saying on here is that you could really make out some recommendation on buying bitcoin or crypto but as long you dont make out some guarantees that your friend would believe on then it should be fine.Most of the time where people do really easily believed about money making which your interest would be on the rooftop on the time you've been hearing about money making but honestly it isnt really simple as it sounds.
Recommendation does really involved with some basic explanation about on what it is but dont ever forget about the risk involved with it.

coinerer

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Quote from: Rana590 on August 14, 2022, 02:02:05 PM

Quote from: burky156 on August 11, 2022, 04:37:51 AM

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.

Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.

The present time can be termed as the best time to invest in Bitcoin. At this time, it is very important to inform those who are close by. Although there may be confusion about whether they will be able to understand about it. If they are able to understand its various aspects then surely they will not want to miss this bearish opportunity.

XwWnu

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Quote from: Lubang Bawah on August 16, 2022, 12:30:47 AM

Many people do not understand Bitcoin, when I introduce them to think Bitcoin is like Paypal, some even say like Multi Level Marketing, of course it is not an easy thing to introduce Bitcoin because most people don't care and feel they don't need anything else.

this is why many projects always have educational events, but I'm sure 80% of young people today already know what Bitcoin is,
we have entered the digital age and it's impossible for young people to miss it, try to explain to friends if they don't understand

add1ct3dd

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Quote from: BobK71 on August 11, 2022, 01:38:37 PM

Quote from: burky156 on August 11, 2022, 04:37:51 AM

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.

Crypto experts expect Bitcoin gradually return to its previous position. Yesterday Bitcoin price was around $23000 but now it is more than $24000. Bitcoin is still in a buy prices. But after few days later it may reach $28000 then many may regret. I think investing in Bitcoin will never be lose. But I will definitely advise my friends to invest in Long-term.

What position? They better, or you better clarify it because here in cryptos we have two positions and that is one is upward and the other is downward. I don't think there are still people who will regret because this bear run gives them adequate time already to buy but in the event the price climbs to 28k then the regret is only small and it's still possible for them to buy it because there's still a long way to go before we fully recovered to the last ath.

Investing has its own risks including bitcoin so if you don't know what you are doing then you can surely lose but before you engage here, better study things first. We can recommend btc to our friends but let us also guide them.

Lanatsa

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Quote from: Gosgosking on August 15, 2022, 05:12:45 PM

Is their any need to recommend a friend to buy bitcoin if your friend can't make decisions to know when is the best time to buy bitcoin no need to make the decision for him/she. Cryptocurrency is a thing of making personal decisions and not to seek decisions from people.

If your friend did really make some approach on you about bitcoin or you are the ones who do tend to share up the opportunity on where Bitcoin could give.Yes, you could really make out
recommendations but you shouldnt really give out some guarantees.

You could recommend on your friend about bitcoin or crypto as a whole but dont forget to remind about the risk because we know on how risky this market is
when it comes to price volatility.

Speak with the cons and pro's of it and dont make your friend to be hyped about it and always give out reminders and warnings
so that you wont really be blamed out.

fuguebtc

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Quote from: Joshapat on August 15, 2022, 02:20:08 AM

If they have never heard of Bitcoin then I like to introduce to friends or family, of course I do not recommend immediately buying, I always suggest that investment bitcoin is very risky and must be ready if something bad happens, of course in this way then I'm not blamed if the market is red.

Should give them the necessary information before telling them to invest, even though bitcoin is a highly profitable investment, always emphasize with them about bitcoin's volatility and possible risks for them. Help them understand everything about bitcoin before teaching them how to invest in bitcoin.

Investing too hastily will not benefit them and will even harm them, when they will become more averse to bitcoin than friendly.

Lubang Bawah

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Many people do not understand Bitcoin, when I introduce them to think Bitcoin is like Paypal, some even say like Multi Level Marketing, of course it is not an easy thing to introduce Bitcoin because most people don't care and feel they don't need anything else.

Slow death

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Quote from: Rana590 on August 14, 2022, 02:02:05 PM

Quote from: burky156 on August 11, 2022, 04:37:51 AM

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.

Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.

the problem with giving advice or suggesting to someone who invests in bitcoin and altcoins is that whenever this person that we are suggesting to invest in bitcoin will create high expectations, he will always think that he will have a lot of money when he buys bitcoin and the price goes up a lot, but when he buys and the price of bitcoin drops a lot, that person starts blaming the person who suggested him, this person never sees that he made a mistake, on the contrary, he even starts to think that the person who suggested that he buy bitcoin doesn't like him , envy him. so be careful when giving advice or recommending someone investing in bitcoin

Quote from: piebeyb on August 15, 2022, 02:19:34 PM

Quote from: Robinson66 on July 26, 2021, 02:26:30 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

the best advice is for the person to google about bitcoin and its risks and after the person shows that he made the effort to do research then you can sit down with him and tell him the advantages and disadvantages of bitcoin, without hiding anything

Gosgosking

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Is their any need to recommend a friend to buy bitcoin if your friend can't make decisions to know when is the best time to buy bitcoin no need to make the decision for him/she. Cryptocurrency is a thing of making personal decisions and not to seek decisions from people.

piebeyb

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Quote from: Robinson66 on July 26, 2021, 02:26:30 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

BobK71

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I always give any news about Bitcoin to friends or family who are curious, even when 7 years ago I could earning easy from Giveaway, PTC or Faucets I made an address and directed Exchanges who could serve withdrawing with Fiat, and some even got a big profit in the year 2017 and give me a prize of $ 500.

The current market exists between positive and negative signal. Some believe there is a possibility of a large dump while others say it could be a small pump. At present it seems a bit difficult to understand the nature of market movement. So I will certainly inform my close friends about this but ask them to take a little more time. I would suggest investing as soon as the market goes down that would be proper time to buy.

carlisle1

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I always give any news about Bitcoin to friends or family who are curious, even when 7 years ago I could earning easy from Giveaway, PTC or Faucets I made an address and directed Exchanges who could serve withdrawing with Fiat, and some even got a big profit in the year 2017 and give me a prize of $ 500.

Way back there are many doubts around, but after the big rally in 2017, a lot of people got curious about crypto, especially with

Bitcoin, not sure if recommendation is the right term but giving idea and information about this industry will give people opportunity

to learn about this market, let them work if they really desire to learn and then earn while investing in this business.

Quote from: Joshapat on August 15, 2022, 02:20:08 AM

If they have never heard of Bitcoin then I like to introduce to friends or family, of course I do not recommend immediately buying, I always suggest that investment bitcoin is very risky and must be ready if something bad happens, of course in this way then I'm not blamed if the market is red.

Let them explore and learn about the market, introducing with a positive approach that the chance of earnings is possible but not to the

point that you will force / push them to invest right away.

Joshapat

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If they have never heard of Bitcoin then I like to introduce to friends or family, of course I do not recommend immediately buying, I always suggest that investment bitcoin is very risky and must be ready if something bad happens, of course in this way then I'm not blamed if the market is red.

Smack That Ace

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Assalamu Alekum

Quote from: Untomabur on August 14, 2022, 03:23:26 PM

Quote from: Rana590 on August 14, 2022, 02:02:05 PM

Quote from: burky156 on August 11, 2022, 04:37:51 AM

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.

Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.

if your friend wants to take the risk then let him buy it at a price of $ 23k, but indeed we must also suggest installing a stop lose,
because bitcoin is still in the sell zone, the bitcoin price could have broken support $ 20k, therefore stop losing is very important !

Not really, $23k is not a very high price, compared to the ATH of $69k. If you determine this is a long-term investment that can be measured in years then buy at this price, and stop loss with the long-term investment is not necessary.

Bitcoin will likely drop below $20k once again but it will rise again once the bulls get involved. Bitcoin should not be compared with shitcoins because shitcoins may never rise again but with bitcoin, it will always rise again.

Untomabur

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Quote from: Rana590 on August 14, 2022, 02:02:05 PM

Quote from: burky156 on August 11, 2022, 04:37:51 AM

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.

Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.

if your friend wants to take the risk then let him buy it at a price of $ 23k, but indeed we must also suggest installing a stop lose,
because bitcoin is still in the sell zone, the bitcoin price could have broken support $ 20k, therefore stop losing is very important !

Rana590

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Quote from: burky156 on August 11, 2022, 04:37:51 AM

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.

Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.

BobK71

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Quote from: burky156 on August 11, 2022, 04:37:51 AM

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.

Crypto experts expect Bitcoin gradually return to its previous position. Yesterday Bitcoin price was around $23000 but now it is more than $24000. Bitcoin is still in a buy prices. But after few days later it may reach $28000 then many may regret. I think investing in Bitcoin will never be lose. But I will definitely advise my friends to invest in Long-term.

burky156

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I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.

Topic: Can I recommend a friend to buy Bitcoin now? - page 3. (Read 3980 times)