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Topic: Do you reccomend family and friends to join the market when it's crashing? - page 17. (Read 2920 times)

member
Activity: 364
Merit: 13
No difference the market is growing or it is crashing. I don't recommend any one to invest in cryptocurrencies. Despite I have made profits in this market, I don't recommend any one. Because I know how this market is risky. People should study about this market and then decide. If some one invest in this market just according to my recommendation, might panic after a price fall and sell their coins.
legendary
Activity: 1582
Merit: 1031
i also would never recommand any investment to friends but after the saw bitcoin prize goes up to 10k one of my friedn buyed in  Roll Eyes
Until now it was no good choice XD
I got my first btc at about 400$ XD and he started at 10 000 $ XD




regards
jr. member
Activity: 266
Merit: 2
It's true that we need more people to get involved. But where I come from, people would blame you for their misfortune if you recommend them to anything that didn't yield good result within the expected time.
So I rather not recommend to anyone.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
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.
Yes, I did it several times and many were not interested, depending on what you explained, because when the market crashes, it is likely that family or friends will not believe it, because this has happened for so long, we must be able to convince them. Bitcoin does not stand at a high price, bitcoin comes at a very low price and has reached the highest value in 2017. That way we can convince others to invest in the crypto market when the price is crashing.
hero member
Activity: 2464
Merit: 519
I barely talk about bitcoin at its dip. For anyone who demands to know about crypto and ask, I give my candid opinion of taking my advice as a friend not as financial adviser. Bitcoin is the only coin I can advice anyone to buy now, no alt-coin has been able to respond better in the market. For high risk taker who had been in crypto, some altcoins on the top 50 coin can still thrive when the markets revives.
hero member
Activity: 2940
Merit: 613
Winding down.
I recommend to people who have had some level of experience with investment particularly long term. It is likely for such people to have an in depth knowledge about how cryptocurrency market works.
Yes.I also do the same.I never recommend about making investments in bitcoin to those people who are afraid of taking risks because for sure,they will blame me if they lose their money.I only chose some of my closest friends and relatives to invest in bitcoin especially with the current market condition and explain to them how profitable bitcoin is if they make long term holding of it.
newbie
Activity: 80
Merit: 0
In recommending bitcoin to close relations make sure it those people that understands the markets and open up to them as things is at the moment. Close relatives are the most difficult people to introduce online business too, and when telling them to invest you just need to educate them and let them invest on their own. It will too risky to collect funds and invest on their behalf.
newbie
Activity: 70
Merit: 0
I recommend to people who have had some level of experience with investment particularly long term. It is likely for such people to have an in depth knowledge about how cryptocurrency market works.
legendary
Activity: 1288
Merit: 1087
I would never recommend anything to anyone, but if someone had told me they were thinking of it and demanded an answer from me I would tell them to only do it when they were convinced it was a suicidal idea.

I know perfectly well they'd ignore me and only buy at the absolute peak which is why I refuse to get involved.
full member
Activity: 519
Merit: 122
Now is really the right time to invest.Lower prices are unlikely ever to be. Soon, the market will begin to turn
member
Activity: 518
Merit: 14
if I always try to get them to invest in cryiptocurrency bro. but don't use capital from loans from banks and so on. especially when the crypto market is falling like now
hero member
Activity: 2870
Merit: 594
Do you recommend family and friends to join the market when it's crashing?

Why not? For me this bearish trend is a great opportunity to make tons of profits. That is if you are willing to invest now and hold for a long time. I will remain bullish that the market will bounce back in 2019-2020. Similar to 2016-2017. There's more good news to come that will tip the scale on the other side (bullish).

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 don't know if there's some kind of divine intervention needed here. Prices depends on human here so I don't think that praying will help. I stated above my reasons why I will recommend to friends and families to join when the price is going down. Its really up to them to digest my idea or not and believed me.
member
Activity: 241
Merit: 10
I haven't recommended my friends yet because they aren't interested in it much now having other things to be busy with but later I think I will recommend trading to my family because this can increase our budget
full member
Activity: 490
Merit: 100
no i don't, i don't want to make any loss especially for my close relatives and it is hard for me to advertise and introduce to the market if the market in this condition
sr. member
Activity: 784
Merit: 314
it seems, for now, it's better to wait because the market can't really be predicted right now, it's better if you look at the market break / reject to be taken, for example, bitcoin which is currently priced at $ 6500 is a move risky to be taken in my opinion.
newbie
Activity: 5
Merit: 0
Every time I introduce crypto investment to others, I always first introduce the risks of bitcoin investment itself, and I will tell them that if they experience unreasonable losses, they will not get a guarantee. But usually they choose to join bitcoin investment because they are attracted by the super large income that can be obtained.
sr. member
Activity: 812
Merit: 250
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.
yes, I will recommend and introduce to them bitcoin. For me, its better to invest now because the price of bitcoin is very cheap and this will be the best time to invest. This will help them to earn huge profit. But before that I will tell them to study or to do some research about bitcoin so they are able to make wise decision in investing.
jr. member
Activity: 224
Merit: 3
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 never recommend to my friend or family to invest in bitcoin because i won't feel guilty when the times like this come.
Bitcoin is so speculative and i won't ask my friend or family to join because i won't be blamed Cheesy
Yeah, never recommending or suggesting anyone to participate in bitcoin or crypto is a wise choice because we will be responsible for everything that the market brings, and the loss is too large can make the relationship becomes rift. We have received a lot of troubles and annoyances in times of market crash, that is enough for all of us, should not try to get more trouble, it will destroy the mood and make us tense in the coming battle
jr. member
Activity: 238
Merit: 1
Yes, I advise you to do it because in this market, this is the only way to earn money. if you buy a crypto currency on a HYIP then you do not earn anything from it when you buy everything else when everyone else sells
hero member
Activity: 1190
Merit: 534
Yes, why not! I am the fan of the great investor Warren Buffet! He says that "Be fearful when others are greedy and be greedy when others are fearful". Even though he has a different opinion about the crypto industry we cannot ignore his authority when it comes to the investment strategies. Thus, I would definitely suggest my family and friends joining the market when it is crashing but I would do it only if they are interested in investing. Additionally, I would also suggest them to go with systematic investment plan instead of buying in a single shot.
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