Topic: Do any of you feel guilty? (Read 369 times)

Why do feel guilt when the market is still alive and may recover soon?most of the people that I encourage to invest here are iinto Long term holding so they dont care about the value today because all they need is the price in future.and besides we dont need to feel guilt because they are still in control of their money

I told people before investing in cryptocurrency that it is a risk, why should I worry if they take their lives into their own hands, I can not be responsible for all the people who buy cryptocurrency

It is essential to know the risk of everything you put your money on especially right now that money is "easy come, easy go". We should expect and be prepared for the worst case scenarios. And lastly, blaming other people for what happened is unfair. They did their job promoting crypto but it's still your decision if you will invest or not. I also have my fair share of unfortunate experiences in this industry but I learned my mistakes and now always look at things in different perspective. I try my best to be updated on the latest news about crypto so I can think of the best strategy for the moment. Just like when I heard that  Bitrus has an upcoming exchanger that I think will be beneficial for the market.

This so true. Everyone should know and understand the risk before investing on anything.

I guess, one will only feel guilty only if they did something wrong.

None have experienced a loss investing into cryptocurrency through me, I've missed the bull trend, and I feel jealous of my friend to whom I helped investing. He earned big, and I never earned such a big amount investing into cryptocurrency. He never informed me the same, recently while I saw the coin on which he invested I felt sad thinking that I too could've invested.

I'm still eating my mom's food when ASIC rigis collapse (200 dollars/month, 80 electricity)   Especially before day money (money day, "unemployed")
Money is a reason 

I have not convinced anyone to invest in cryptocurrency but I have one friend who listened also to a friend of his and yes he invested in bitcoin and other coins too, one of the coins he invested in became scam and his holdings in bitcoin he cannot touched at the moment since he bought it when bitcoin was in its highest price, so if he sell it now he will surely lose. I think the person who convinced them is not the one to be blamed but the person himself who invested. Everyone has his own freewill and decision so he must not blame anyone for his loses even if he was convinced.

The gold rule is never to invest money which you can't afford to lose. I never give financial advises to my friend or close circles for exactly the same reasons mentioned by other users.

Can not blame him for that. He certainly wanted to give help and profit to those who advised them.
 The price was not expected. No one can expect it

Do not feel guilty. When I advise someone with an investment, explain the good and bad things to invest.

Yes, it's appropriate to feel guilty when you've done something wrong. Feeling the emotion of guilt for an action that deserves remorse is normal; to not feel guilty, in these cases, may be a sign of psychopathy. The problems occur when you ruminate over this guilt. The last time I feel guilty is when I kept a lie for my friend and it destroys me, so I have to tell it at the right time. By the way, just wanna tell you guys to check Bitrus (BTRS), the ICO I'm investing right now, its an award-winning trading platform with a whole new set of tools and features designed to accommodate different level of expertise. It also gives 50 free coins for early access investors and a 50% discount in trading fees.

My friend has made friends, family, girlfriend invest into bitcoin and people believed him because he has a successful online start up. Now their money is gone. I can imagine it's a little rough around the edges on communication, but ultimately it is up to the person that put the money in,

Anyone who introduces his or her friends into cryptocurrency investment should make it possible to highlight on the fact that there are some risks accompanied with this kinda investment. Once you establish such requirement, there is no way to feel guilty when the price of a particular coin drops. The person whom you introduced to this investment is already aware of the probability that the price can either increase or down. I don't feel guilty for any one .

I never did give investment advice to anyone, but I did introduce some of my friends and relatives to cryptocurrencies.
Even though I know it isn't my fault, I still feel a little guilty about one particular case, and that's when I told my uncle about Bitcoin.
Now, to give you a little background to him, my uncle has always had a gambling and poor investment problems. Even though he has 4 children, he still gambles away 20-25% of his monthly income in the hopes of someday becoming rich (SPOILER: He didn't) . He was always the guy that got excited for the World Cup, CL or any other sport event just so that he can have something to bet on.. you get the picture.
One day, he was visiting me and saw my screen full of charts/prices (I was daytrading back then) and asked me what is that about. We talked a little, I told him I am trading , gave him some Crypto 101 and then his eyes got big and told me he wants in, he wants to buy and trade crypto.
Of course I didn't cave in and told him it's not like gambling, you have to do your research and it's very easy to lose your money.
The next couple of days he kept bugging me, telling me he read a lot about crypto and he won't trade it, he just wants to buy some coins and hold them and he just needs my help to set him a wallet and help him buy some.
You guys already now where this is going.. my uncle lost thousands last year, even selling his car to cover some of the loans he took. His wife and children are with their grandma and they are getting divorced this year.
I feel like he would've lost his money in any other way because of his addictive personality, but I still think feel guilty about it.

Why should I feel guilty? Before suggesting someone I always mentioned crypto market is too volatile. Like Bitcoin price can jump to 10K in a month and it can down to 3K USD in a week! I suggested people learn how the crypto market works, and do research about the market cap! Some people wanted quick money, they are now feeling bad because they did not learn! Some people read, learnt and many of them are trading now and making money greater than me.

I think no one feel guilty because everyone knows the taste and conditions of this digital market as here last year bitcoin touches 21k and after that some people regret but not mine because it's always risky.

I never really feel quilty especially to people who are losing their investment and I'm not getting people to invest, so I should not be quilty because I did not do anything to harm everyone, if I had a mistake I also never regret those who do not know. I'm just trying to earn here a bit cryptocurrency bitcoin for my new year and new future.

Nope. Not at all. Simply because I never tell people to invest in cryptocurrencies. If someone is interested with bitcoin or cryptocurrencies in general, I explain the concept, and let themselves decide if they should buy or not.

With that said, if you told people to buy bitcoin/cryptocurrencies, I don't think you alone should be held accountable. It's not like you forced the person to buy; as in the end, it's still his/her decision if he/she wants to buy or not.

And this is the problem, so many people who jumped on crypto hype train are not investors, they knew absolutely nothing about trading or cryptography prior to their decision, so you really can't expect them to do their own research. I've seen so many people who by "doing research" meant "just go read some shill articles and press-releases paid by altcoin promoters" or "just read /r/cryptocurrency and twitter" or "just watch this video that says that X coin is going to the moon".

Those people are blinded by their greed and all sorts of scammers are preying on them. This is why I've never recommended anyone to invest in crypto and ever prefer to keep my involvement in secret. In 2017 my friends came to me for advice if they should buy BTC @ $10k, and I've talked them out of it.