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Topic: Do you reccomend family and friends to join the market when it's crashing? - page 14. (Read 2929 times)

newbie
Activity: 44
Merit: 0
Usually, i give them information but they listen to me very carefully. I have to be very careful about what information I give. There was a situation that made me upset when i recommended to not to invest in some coins, but they made 20x. Oh, i was upset..)

Do not worry) The market is very unpredictable)
newbie
Activity: 44
Merit: 0
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.

Every fall in prices, this is an opportunity to buy a crypto currency cheaper. This is a great time to buy
member
Activity: 532
Merit: 17
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 understand what you mean. It is hard to invite them when the market is crashing indeed. We don't have guarantee that the price will not going lower than the current price. But i will keep recommend them but not with the aggressive way, just show them that i still using cryptocurrency even the market price has gone very low.
full member
Activity: 630
Merit: 123
Join @Bountycloud for the best bounties!
Usually, i give them information but they listen to me very carefully. I have to be very careful about what information I give. There was a situation that made me upset when i recommended to not to invest in some coins, but they made 20x. Oh, i was upset..)
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
when the price is crashing, it is the best time to encourage and enjoin family and friends to join the Bitcoin community, it is always good to impact  the investors with knowledge about Bitcoin before recommending to them, else you tends to look like a scammer when the profit is not forth coming as they expect. Recommend they invest what they can afford to lose and they must be ready to wait longtime.
newbie
Activity: 6
Merit: 0
market is big cr :'(ashing
newbie
Activity: 42
Merit: 0
Yes I can. Because I don't look at the present nor the past but the future of the market. When the market is crashing but holds a great fire I will definitely recommend family and friends to join
newbie
Activity: 72
Merit: 0
the price drop is a good deal for someone that is just coming to crypto fold. its better to enter on the low with imminent bull run in sight. this is the reason i give anyone that is looking to invest now. get on with it
full member
Activity: 966
Merit: 102
I do not recommend, but I only provide an explanation of how the benefits can be taken from the right moment. I think crypto recommends not to everyone, so I only recommend those who know technology.
newbie
Activity: 140
Merit: 0
bitcoin won't get crashed what i think and which might be right to some extent and if some of my close one want to invest his money i would recommend him to invest in bitcoin some part of his investment and get some handsome profit.and it probably the right time because the bitcoin is facing the hard time now but in near future it would be more then enough beneficial to is believers.
newbie
Activity: 219
Merit: 0
I will advise the two set of people to join cryptocurrency when they  think they can make use of their resources efficiently to make huge amount of money. Sincerely speaking, the situation of market these days are not promising at all and to advise someone it you must as well tell the person the situation the market is and if he can take the risk.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Why not? This is the good time to explain that this crypto market will possibly fall like what is happening right now. That this technology is unstable so we have to cook up always with the situation. Our family and friends will now understand that this crypto thing is risky but should give a time to understand it well.
You are assuming that humans are rational actors that are going to understand completely the risks that come from investing in a market like this, and if you take the time to look around you, and you will see that is not the case, people take all kind a risks without thinking about the consequences, most of the time they are able to avoid them just out of luck, but in the markets this kind of attitude is going to bankrupt you.

So only the most dedicated to the market of cryptocurrencies are still holding today and it's unlikely a person that did not knew about this market is going to have what it's necessary to hold their coins in the case things go wrong, so most likely you're going to make your family lose money and that is never a good thing.
jr. member
Activity: 252
Merit: 1
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.
The lower the cost of a crypto currency, the more likely it will start to grow again. It follows from this that very favorable conditions for entering the market. And, respectively, relatives and close people will be very thankful if they benefit from this, especially financial. Of course it is worth considering how much you are sure that the price is at the very bottom!

You should conduct serious research to be sure of the nearest growth.
member
Activity: 532
Merit: 12
Yes, i would recommend investing the bitcoin and the all altcoin today.. I wouldn't think that the market will go down anymore. Specially the ending of summer holidays.. Usually after summer holidays the market goes high. Invest and wait for october to come..
sr. member
Activity: 532
Merit: 250
Of course, I recommend my family and close friends to immediately invest in Crypto, I suggest to enter immediately because the price is lower so they have a better chance of benefiting from the market recovery.
hero member
Activity: 1492
Merit: 763
Life is a taxable event
Yes, and my first recommendation was when the price was under $10...

I let them know of the risks to the best of my ability as well as the potential upsides.

I make sure they understand that the price could potentially drop and that bitcoin could potentially fail altogether.

member
Activity: 392
Merit: 10
I recommend all the people close to me to join cryptocurrency and invest at this point in time. It is a special privilege. If I encouraged my friend and family to join cryptocurrency when the price was high, why won't I do same now that they have the opportunity to buy more at a reduced price.
full member
Activity: 420
Merit: 110
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.
No, actually I never thought of doing this. Most of my family members or other relatives are not interested in this crypto market and I guess many do not know that something called as cryptocurrency market exists. So there is no point of asking them to invest. Rest my close acquaintances or my friends are already into this market. so they themselves are wise enough to make all the decisions.
sr. member
Activity: 1162
Merit: 251
I will surely recommend if the person know the pros and cons about investing, and won’t blame me if something goes wrong. Because I know it is a good to time to get in crypto when market is crashing.
Yeah they have to know the truth about bitcoin, that this investment is volatile sometimes the price above and sometimes the price is
below, don't always tell them sweet things about crypto, because when they are interest to join and bad things happen, maybe they will panic then
newbie
Activity: 6
Merit: 0
Yes, i will. Because i believe in Bitcoin's future, i will recommend bitcoin to my family and friends
You should believe in blockchain technology and the benefits and applications from it rather than a long-established currency such as bitcoin. Wink Wink Wink
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