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Topic: Can I recommend a friend to buy Bitcoin now? - page 4. (Read 3980 times)

sr. member
Activity: 1358
Merit: 253
I have introduced Bitcoin to friends and family since 6 years ago, there are those who are interested and invest or mine and success, initially sell a house worth $ 60k to buy bitmain and roi when there is a fantastic increase in 2017, but there are those who fail because they buy and sell Cheap in early 2019, but the thing I hold is never invites too aggressive, and always say that Bitcoin is very risky.
hero member
Activity: 2548
Merit: 533
Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.
It turns out that the advice to buy bitcoin right now would be very strange, if at the same time it warns that it is very risky and you could lose your investment. Especially if you suggest it to the family, which implies spending some of the family's budget. Think about how you will be treated if things go wrong.
support at S20k seems strong, and now the price of Bitcoin is trading at $23k,
my advice is to wait until the weekend is over, because it could be Monday the Bitcoin price will go down,
I hope not, because according to the analysis Bitcoin will also go to $25k.
Not a solid thing about weekdays drop kind of thing but this had been a usual behavior on which some do able to notice it out but wont be that a sure thing but its not bad to have
that kind of consideration when it comes to getting in and buying some coins but on this point it wasnt really a bad idea on to buy specially if you are going or holding for long
term then it wont really be that much of a hard thing for you to make up decisions yet we know that bitcoins potential is something worth and could really be that
giving some results in long term perspective.You can make out recommendations to your friend but you shouldnt give them some assurance about making sure profits
so that there would be no blaming in the end between you and your friend.
full member
Activity: 1064
Merit: 100
Combo Network
Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.
It turns out that the advice to buy bitcoin right now would be very strange, if at the same time it warns that it is very risky and you could lose your investment. Especially if you suggest it to the family, which implies spending some of the family's budget. Think about how you will be treated if things go wrong.
support at S20k seems strong, and now the price of Bitcoin is trading at $23k,
my advice is to wait until the weekend is over, because it could be Monday the Bitcoin price will go down,
I hope not, because according to the analysis Bitcoin will also go to $25k.
full member
Activity: 1386
Merit: 101
ComboLabs
I suggest that before investing in cryptocurrency, you must really have knowledge,
don't just buy and hold, because it has been proven that many don't work because Hold,
because Hold is only good when Bitcoin is still very cheap, but now are you sure you want to do it? Long term hold?
legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.
It turns out that the advice to buy bitcoin right now would be very strange, if at the same time it warns that it is very risky and you could lose your investment. Especially if you suggest it to the family, which implies spending some of the family's budget. Think about how you will be treated if things go wrong.

Yep! best not just to advise to dive in but to guide on how to understand the volatility and what are the risk that accompanied by this investment, I get your point since if you will recommend or advice bitcoin to someone who are close to you and the investment failed, the relationship might be affected.

It's always the right thing to educate someone first before letting them to enter any kind of investment. With knowledge, they will be able to work along in how the situation comes to them and adjust and decide on their own.
sr. member
Activity: 2772
Merit: 357
Eloncoin.org - Mars, here we come!
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.

I think if You are still interesting to encourage your friend to invest ? then this is the perfect time mate because we have the lowering market now from that june 2021 thread .

Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

well this kind of market is what we need to check , this coming last quarter of 2022 is the awaiting season because I think there are so much happening that will come along the way.
legendary
Activity: 2674
Merit: 1048
Of course it is worthy to invite friends or family to invest Bitcoin, especially the current price conditions are still red and we have good potential to buy, of course we must say that Bitcoin investment is very risky so that when the drop price occurs then they are ready and not blame us.
Bitcoin is now an opportunity. So close acquaintances should be informed about this. Otherwise they may blame you at any moment. No need to encourage them to invest. Presenting the advantages and potentiality of using Bitcoin, I think they will accept it without any hesitation.
+1

Once they realized how so beneficial bitcoin it is , they would ask for more . Encourage them indirectly , not just asking them to invest in bitcoin and feel the profit! They would of course come back to you and ask for a piece of responsibility whenever things went wrong .
Anytine is a great time to tell your colleagues to give it a try on bitcoin investment/trade or business , it's always a great time though.
sr. member
Activity: 2254
Merit: 439
Leading Crypto Sports Betting & Casino Platform
Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.
It turns out that the advice to buy bitcoin right now would be very strange, if at the same time it warns that it is very risky and you could lose your investment. Especially if you suggest it to the family, which implies spending some of the family's budget. Think about how you will be treated if things go wrong.
member
Activity: 630
Merit: 10
bitcoin price is currently at $23000, of course this price can be said to be cheap,
because compared to a few months ago the price of Bitcoin is still at $50000, yes, it has fallen by more than 50%,
but we have to remember, that a bear market like this is still not over. , my advice is to just buy 25% of your capital,
or suggest to your friends to buy it in installments.
full member
Activity: 562
Merit: 100
Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.
I think it is the right time to buy bitcoin. In my opinion, bitcoin will star to grow in the early november. If we buy at this current stage, I hope we will be able to make good profit. You are right that before giving suggestions, we have to teach about the risks.
sr. member
Activity: 1078
Merit: 401
Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.
hero member
Activity: 2912
Merit: 629
Of course it is worthy to invite friends or family to invest Bitcoin, especially the current price conditions are still red and we have good potential to buy, of course we must say that Bitcoin investment is very risky so that when the drop price occurs then they are ready and not blame us.
The price is still cheap and a good time to engage ourselves. But its best to explain everything to them before encouraging to invest, as you've said there's a risk. You dont want to be the one to blame incase what they expect didnt happen right? So gain knowledge before investing to become aware of how it works. It is profitable indeed especially for users who plan to hold for long period but anything unexpected can happen and we should be prepared for it.
legendary
Activity: 1792
Merit: 1296
keep walking, Johnnie
Of course it is worthy to invite friends or family to invest Bitcoin, especially the current price conditions are still red and we have good potential to buy, of course we must say that Bitcoin investment is very risky so that when the drop price occurs then they are ready and not blame us.
Bitcoin is now an opportunity. So close acquaintances should be informed about this. Otherwise they may blame you at any moment. No need to encourage them to invest. Presenting the advantages and potentiality of using Bitcoin, I think they will accept it without any hesitation.
At current price levels, bitcoin may only be of little interest to beginners. Now, if btc grew in price, then this would immediately arouse in them a desire to learn more about it, but at such moments it is not the best entry point into the crypto world. You are absolutely right in stating that you can be called the culprit of an unsuccessful investment, so you need to be careful in solving this problem and immediately warn friends about the risks or other negative consequences when buying bitcoin. I also agree that you don't need to encourage them to invest and I think that friends should come to this decision on their own. Of course, you can't do without your help here and you can share with them the initial basic information about btc. All the same, the words of friends inspire some confidence. Well, then, let them draw knowledge from this forum and join the number of bitcoin investors, if they are ready for this.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
Of course it is worthy to invite friends or family to invest Bitcoin, especially the current price conditions are still red and we have good potential to buy, of course we must say that Bitcoin investment is very risky so that when the drop price occurs then they are ready and not blame us.
Bitcoin is now an opportunity. So close acquaintances should be informed about this. Otherwise they may blame you at any moment. No need to encourage them to invest. Presenting the advantages and potentiality of using Bitcoin, I think they will accept it without any hesitation.
member
Activity: 319
Merit: 11
Of course it is worthy to invite friends or family to invest Bitcoin, especially the current price conditions are still red and we have good potential to buy, of course we must say that Bitcoin investment is very risky so that when the drop price occurs then they are ready and not blame us.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
We have to open their minds that bitcoin and cryptocurrencies are high risk investments, I often talk about bitcoin with friends or family, most of them don't care or are not interested, but when I get big profits then they follow by investing or trading cryptocurrencies, but I always say that all risks must be prepared and don't blame me if lose.

The first impression coming from those who don't understand this investment is the thinking that it's just a scam,

but when they see someone earn a lot from this business, they are in such a hurry to join and invest, not realizing that aside

from the profits there's also risk in losing their money. If you will recommend better to let them know that despite of good potential,

if they failed to join in the right time, they can lose a portion of their investment to the point that they can lose everything

so better to invest with knowledge before taking the ride.
sr. member
Activity: 2772
Merit: 357
Eloncoin.org - Mars, here we come!
We have to open their minds that bitcoin and cryptocurrencies are high risk investments, I often talk about bitcoin with friends or family, most of them don't care or are not interested, but when I get big profits then they follow by investing or trading cryptocurrencies, but I always say that all risks must be prepared and don't blame me if lose.
because you explained them incompletely so their interest is not that taken , Bitcoin is always a good investment and better but the problem is that  we cannot find the perfect way to understand their attitude and how they can check and believe crypto investing.
like what you said they are only following you after the market starts bullying or when it is bully but forget yours when its dumping.
so let them realized their mistake deeply mate.
hero member
Activity: 1764
Merit: 573
Leading Crypto Sports Betting & Casino Platform
How did your friend know Bitcoin and how deeply did he understand how Bitcoin works?
You should advise your friends not to rush into the market, because there is no guarantee that someone will get rich quick just by buying Bitcoin. Fluctuating Bitcoin movements can make a person regret his actions due to the price that continues to fall, he can lose money for actions that have no basis on how to invest properly. Do personal research first before putting money in to reduce risk, and the money used must be prepared to lose.
member
Activity: 222
Merit: 10
No please don't.

Bitcoin is not an investment and you shouldn't tell people to buy bitcoin because its price may go up. You should first learn about bitcoin yourself and see what the one and only decentralized currency in existence offers then if you liked the technology and had some basic understanding of it then introduce it as a currency to others who seek financial sovereignty.

You can teach or train your friends about the Bitcoin world but can't recommend or tell them to buy or sell it. All is up to them. Each person has seen different views, so yes or no is definitely not the answer to this vague question. But introducing them to this digital currency world is the best thing that you can do.
full member
Activity: 1050
Merit: 140
I have recommended Bitcoin 5 years ago to a friend and family, but I say the true condition, even though I lose so I also say that my friends or family are always ready if you lose, especially I always say that don't ever regret when losing money..
Nice that you are honest and also tells the bad side of investing in bitcoin not unlike to others out there that only shows the profit that they have gained so the people that sees it then hastily invest without knowing that there is a danger waiting for them. That's no good because you can be blamed later on if those people losses a lot of money but speaking of losing money, one must be ready for that because there's no investment that is safe anyway especially if we are talking about bitcoin where the volatility rate is too high.

Now that we are in bear market, bitcoin is highly recommended but we should guide them properly since they are still a noob.
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