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Topic: Do you reccomend family and friends to join the market when it's crashing? (Read 2929 times)

hero member
Activity: 924
Merit: 500
Do you recommend family and friends to join the market when it's crashing?
We pray for the prices to go up and to more people join the market, but will you recommend someone close to you to join when the prices are dropping like crazy?

If you do, explain why.
Anyway it is better than joining during a bull market, because the hype will be huge by then, and it might lead many people to buy the top like what happened in December and January. I recommend the periods when there is FUD or bad news.
member
Activity: 189
Merit: 10
I would not do that because whenever we think that there is a dip we eventually experience another dip which makes things worse so I would not want to take such a responsibilty towards them.
hero member
Activity: 1008
Merit: 500
Yes, I would recommend my family and friends to join in the crypto community now, because it is the good time to enter in the crypto.  We live in the crypto, We held coins at a high price and now it is very low that's why we are seeing this is a crypto crash, but This market is a very good opportunity for the newcomers. Isn't it? They have a chance to buy Crypto coins at a cheap price and we know Price will high within 4 to 6 Months.
hero member
Activity: 1036
Merit: 501
Personally I don't give any advice to friends or family to avoid disappointment, it's great if people earn money with advice you did give but the highly fluctuating market make it really hard to give any guarantees. The only exception is my wife since she knows the risks and understand that it's hard to do any predictions. Most people I know don't even know that I am involved with crpyto since I don't talk that much about it to avoid getting questions.
sr. member
Activity: 756
Merit: 252
Do you recommend family and friends to join the market when it's crashing?
We pray for the prices to go up and to more people join the market, but will you recommend someone close to you to join when the prices are dropping like crazy?

If you do, explain why.
Who in his right mind is going to recommend to his family and friends to join the market when it's crashing? Also recommending investments to your family and friends is always a bad idea because if things turn out the right way then they're going to become dependent on you about their finances and if your advice fails then they're going to blame you for making them lose money.
full member
Activity: 323
Merit: 100
I never recommend it to my family or friends. Because I don't want it later if their investment fails, then I blame it on that. I'd better just be quiet and say nothing. If I have more money then I alone will invest when the market falls. Because for me it's a great opportunity.
member
Activity: 516
Merit: 10
I inspired to joined when market dropping a lot. But i'm very careful to invited my friends or other my nearest guys in crypto market.
Because when someone losing asset, he blaming me and break out relation. I selected closest people who actually able to bear lose investment.
member
Activity: 159
Merit: 10
I would never recommend anyone to enter the market when it's bad. I can not let the ignorant people into investing in cryptocurrency have very high risk. If they lose money on the investment, then all responsibility I will shoulder.
full member
Activity: 406
Merit: 100
I would only advice them to keep buying when its dropping hard as its a long term investment and a valuable asset in the long run.But still its upto ones decision whether they want to invest or not as if anything wrong happens, we will be blamed.We can only tell the concept and rest is upto them to whether to invest or not.I would apply this to my friends and parents also as money is everybody's hard earned money and its their decision.
legendary
Activity: 1302
Merit: 1027
Whether Market is crashing or not , who ever know about my work in crypto currency will if interested to join cryptocurrency and come to me for help will surely guide them and about market crash that is not a big deal as i know that market still has potential that it can go back high and cross ATH but only it will take time to boom back.
copper member
Activity: 210
Merit: 2
www.daxico.com
I will only recommend friends and family members of mine who knows the importance of taking financial risk.the bear market is when every body are scared but only the wise will take the bull by the horn by risking their finances . I will make sure they follow my trading strategy to avoid losses so they would shift blame to me
member
Activity: 840
Merit: 40
Crashing time is always a good investment opportunity for long-term and I always recommend my friend circle to look into that and put some money at that time to get good returns.
member
Activity: 742
Merit: 12
that's it, when most of society will be disappointed in the crypt, and will not enter into it, and growth will go, it must be opposed to the crowd.
full member
Activity: 462
Merit: 104
Yes, I will recommend to people who ask me, when is the best time to buy. when someone experiences confusion to determine when to start trading, I think when market prices go down is the best time. but I will explain that this is just speculation from myself. and if it turns out the results are bad, I don't want to be blamed by them.

I wouldn't recommend anyone to join the crypto market now. I myself don't know what will happen with this market further, how can I recommend it to other people?
member
Activity: 420
Merit: 10
Do you recommend family and friends to join the market when it's crashing?
We pray for the prices to go up and to more people join the market, but will you recommend someone close to you to join when the prices are dropping like crazy?

If you do, explain why.

i'm not recommend my frends to join market but i told to them how to make money in cryptocurrencies without any fund like joining airdop or bounty. some of my frends have got much prfit from it but some others havn't yet. meanwhile i'm not recomend to my famly to join to the crypto because there are so many risk in it.
full member
Activity: 479
Merit: 105
Yes, definitely. As when the market is going down it also offers a good opportunity for investment. If you have got available funds then you can make investment when the market is dipping, as it would be profitable for you when the market goes up in future.
I definitely recommend to some of my family members that it is good to make an investment on crypto as the price is down in the market. But mostly I do not bother hem much and make them decide for themselves, I am just advising them for good opportunity and explain the risk. I know when they have a potential coin, there is nothing to be afraid of dip because there is a recovery for it.
full member
Activity: 1890
Merit: 101
of course, I tell some families to invest in a cryptocurrency when prices are down like this, because the best time to enter the market/invest is when the market is down and the good news is all hearing my words, maybe because they have seen what I got from cryptocurrencies  Cheesy
full member
Activity: 527
Merit: 101
DIA | Data infrastructure for DeFi
Periods of falling prices is very good to start investing, so I advised my friends to use this profitable moment and invest their money in bitcoin.
member
Activity: 368
Merit: 18
Yes but I also remind them that it is risky.
So that they wouldn't blame me if something went wrong I always tell them to invest at their own risk.
member
Activity: 378
Merit: 10
I am often asked by my friends and acquaintances about investing in cryptocurrency. And I recommended that they wait until the price drops, in order to save on the purchase. So as soon as the price dropped, I immediately advised them this moment for investment.

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