Topic: Do you reccomend family and friends to join the market when it's crashing? - page 10. (Read 2929 times)
September 20, 2018, 06:28:11 PM
If its crashing, why invite them over to join? Its a like asking to invest in a pyramiding business that is about to go bankrupt and the money will be used to extend the life of the business for a few months but not to help it recover and also doing that will just turn me into an enemy not a friend or a family.
September 20, 2018, 06:03:43 PM
I don't find the essence of joining a wrecking ship. Though people who are good predicting or listening to market predictions believe that when Bitcoin crashes, you should find way to invest at that time, so that when the value his high level again you'll rip from it, but this can be depressing if you hope and base your judgement on uncertain predictions and finally get disappointed. The best thing is to look closely at the market charts before investing on Bitcoin.
September 20, 2018, 05:45:35 PM
Personally no. We cannot monitor what will happen if we convince them to join the market.
Also it will be difficult to recommend bitcoin to them specially when don't have knowledge about it.
Also it will be difficult to recommend bitcoin to them specially when don't have knowledge about it.
September 20, 2018, 03:08:05 PM
Yes, I do, but no one listens. I tell no more man, I'm done with it.
But as soon you start to buy cars, condos and such, bees start to fly around the honey.
But as soon you start to buy cars, condos and such, bees start to fly around the honey.
September 20, 2018, 03:05:13 PM
You could but they should be aware of the risks involved.
The bear market could be a good opportunity to make some money if they get in the right time. You could even tutor them on dip buying. You should be mindful of the kind of person you teach though. An impatient person would rip you apart if the market takes too long to recover
The bear market could be a good opportunity to make some money if they get in the right time. You could even tutor them on dip buying. You should be mindful of the kind of person you teach though. An impatient person would rip you apart if the market takes too long to recover
September 20, 2018, 12:01:58 PM
I will recommend them because the crypto market is falling but this falling is not permanent bitcoin price will be soonly rise again as the demand of bitcoin rises with every day so it will be a great opportunity for them to invest in bitcoin and get more profit to store it for some period it will make them rich.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
September 20, 2018, 11:55:55 AM
Do you recommend family and friends to join the market when it's crashing?
I don't recommend, I only give advice and most of my advice are accompanied by actions. So it's left for that family member to decide whether he/she will follow my advice. To avoid loss I would advise he/ she to invest in phrases i.e bit by bit. Let's say bitcoin is 6500 I will advice she buys 0.5 then wait for the next drop lets say $6200 to buy remaining 0.5 in this case if there's no drop she's safe and can trade at $7000 then wait for the next drop to buy in again.
September 20, 2018, 11:53:34 AM
Yes i do recommend them to join my reasons are very simple and this is what i explain to them no one wants to buy anything when its high and sell for a less price in other words am saying they should buy now and sell when the price is high but also i let them know that there are risks involved and then i let them decide
September 20, 2018, 11:49:39 AM
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.
Me take a rest from market, so i wouldn't waste my time to tell my family or friends to trading in cryptocurrency for now. But when bull market comes maybe i will tell them how to get benefit from it. 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.
September 20, 2018, 11:32:00 AM
Ofcourse its a big no, but if you know the officially movements of this market i mean if you know the time when you need to join and when you need to get out i recommend all of my relatives especially all my friends to join in this market because i pretty sure this is the good investment all the time, when it's crashing? i think this is the time whe're you need to wait until when it go'es up.
September 20, 2018, 11:19:30 AM
The investment decision will involve the money of each person, I never induced anyone to join, everyone must decide themselves.
September 20, 2018, 11:16:41 AM
Generally, I do not recommend, but I only provide an explanation of how the benefits can be taken from the right moment.
I think crypto is not for everyone, so I only recommend those who know technology. Recommending people to invest is dangerous.
I think crypto is not for everyone, so I only recommend those who know technology. Recommending people to invest is dangerous.
September 20, 2018, 11:13:51 AM
Nope, you shouldn't ask anyone to invest in something that they don't understand because there's money involved and people become sensitive around money. They can get a lot of money from your recommendation, become greedy and lose a lot instead and you'll be the one that get blamed from that. I never ask anyone around me to invest in something, but if they ask something about it then I will answer it for sure.
September 20, 2018, 11:04:16 AM
I do not think so. When the market is open, it seems that there are too many opportunities for us to make a profit from it. On the contrary, we can lose a lot of money from it, especially for newbies. So until the market stabilizes, you can help them get involved, it will help them become rich or lose all.
The problem here is the term "stability". Who could define stability for the crypto market? Are there governing authorities that can declare that the market is stable already? You guessed right, none.
There is no central & defining body within the crypto economy who could barge in and declare "Bitcoin is Stable! Time to get your groove on!"
And if you define stability as a state of constants (and nearly not changing in face vaule at all), can we not then consider that the market is clearly stabilized already with bitcoin price nealry not moving from its current position?
September 20, 2018, 10:37:25 AM
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.
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 have invited my family to the crypto market, although at this time the price in the crypto market is experiencing a very low decline. many people are currently afraid to join the crypto market, but I advise my family to invest when the market price is down because I am sure the market price will recover soon and my family will benefit very much.
September 20, 2018, 10:23:42 AM
I do not think so. When the market is open, it seems that there are too many opportunities for us to make a profit from it. On the contrary, we can lose a lot of money from it, especially for newbies. So until the market stabilizes, you can help them get involved, it will help them become rich or lose all.
September 20, 2018, 10:16:20 AM
I do not recommend my friends to invest in bitcoin especially if they do not have enough knowledge about it. Because there is a lot of risk here. So it's best to learn first and learn everything before investing so I can not blame them in case the price is falling.
September 20, 2018, 10:15:42 AM
I prefer to talk about bitcoin and others because by telling the positive and negative sides of bitcoin they can be inspired again to get to know bitcoin because I do not want them to come and invest then go because it is not as expected because I know newcomers are more panicked
September 20, 2018, 10:01:57 AM
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.
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.
yes, I do it because I think now is the right time to buy bitcoin to invest in it so that it can get a lot of profit when prices rise, because we don't know when the price of bitcoin will rise it will be faster to buy now. I just suggested a good idea for them if they were interested in my idea, I also didn't force them.
September 20, 2018, 09:57:30 AM
people are strange, they used to buy at the peak, and sell on the decline) now many new players think that the cryptocurrency bubble that will soon burst! but when they see a rapid growth again, they will again incur their savings and take more loans in order to invest in bitcoin))
Jump to: