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Topic: Do you reccomend family and friends to join the market when it's crashing? - page 18. (Read 2920 times)

jr. member
Activity: 322
Merit: 1
I specifically do not recommend but I only inform them about the situation of cryptocurrency on how it is now happening in the market. I usually told my sibling that most of the long time investors are buying during dips and hold their coins while waiting for it to recover. I had a brother who is actually starting to pay attention with the information I had shared to him and he had decided to give it a try and now he is investing on ETH since he believes that this crypto would increase in the coming weeks.
newbie
Activity: 6
Merit: 0
Nope, I don`t recommend it to anyone. i just both some bitcoin to my sisters and parents as a gift and adviced not to sell it few ears.
sr. member
Activity: 714
Merit: 260
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.

If i were to choose ofcourse i want them to join when the prices dropping.

Imagine how lot would they gain when the price recovers,but the problem is how to convince them since i have bo example to let the see bcause market are all red

But even if I cannot convince them,i will invest another volume for holding just like what i did yesterday
sr. member
Activity: 714
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.
Well there is nothing wrong with that in fact they can take this opportunity to buy coins because now its very cheap, the market will not be forever like this. Its just that this kind of happening is common in investing. Recommend bitcoin to family and friends will never be a bad idea. I want to share the benefits I get in bitcoin so thats nice right?
full member
Activity: 546
Merit: 100
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
sr. member
Activity: 978
Merit: 250
Well, for me, it is yes. Even the current state of the crypto market is in a bad shape, I will recommend my family and friends to join and engage in one way to become a crypto user. Well, if we want to gain, we need to take risks and being in the crypto world is full of risks, so this is somehow there first step to be used to the life here in this community. Because if they invest in time like this, they will surely gain profits when it rise up again.
newbie
Activity: 6
Merit: 0
For me, it is a yes. That is actually a good time for those newbie fellas what are the risk they will face when entering cryptocurrency. At the same time, it will be a good opportunity for them or a good start to invest in cryptocurrency because they will be able to realize that they can earn from it by just holding a particular altcoin when the a green market starts. A good and positive sides can be introduced in a short period of time right?
legendary
Activity: 3374
Merit: 1922
Shuffle.com
Maybe I would if my family are interested in cryptocurrencies unfortunately they believe too much on the news when I brought up Bitcoin in our conversation they told me that it's a scam. I've tried recommending Bitcoin to some of my friends as expected it didn't worked because they aren't interested with investing and a few of them said that there are better things to spend on.

Yes, you're right. But we also hope that other people will join... it's kinda funny Smiley
It's not funny to see people that you know suddenly lose their money because you recommended crypto to them. What if you're the one who started losing money?

full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
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.

Well bear market and bull market just come and go to a certain investment just like cryptocurrency. I will still recommend crypto to my friends and family even its crashing. How? Im gonna present them the historical chart then I would say that its normal and temporary plus the latest development may incurred price increase. I jusylt tell them what they need to know like advantages ans disadvantages for them to decide weather they will enter or not. Besides its a good opportunity for newbie to enter the market and learn while its price is cheap.
hero member
Activity: 1554
Merit: 880
pxzone.online
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.

Of course I do, and I always do even the market are continuously dropping. But i only recommend bitcoin and ethereum for there first investment, because these two are the most reliable and profitable cryptos i ever know since i started, and I truly believe on the ability of these two cryptos to create a greater value in the future. But of course, I don't recommend to them to invest all of there life saving to this kind of investment, because of the uncertainty that they can really make earnings here by just investing on it.
newbie
Activity: 238
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.

now it's much better to join the market than when it's growing. The general atmosphere is more gloom but the profit they can make now is obviuosly bigger than when the price was $15k for example
newbie
Activity: 91
Merit: 0
Yes , but I will make sure I watch the trend of the market and let them buy from the bottom or closer to it , buying the top would have discouraged my effort
newbie
Activity: 966
Merit: 0
The only person i talk about investing on bitcoin is my husband,. I told him about the good on holding it. Told him at this is the time to buy and hold for 5years.
full member
Activity: 644
Merit: 102
My friends and family are not bitcoin believers. I do not carry them along on my cryptocurrencies dealings. Am still preaching bitcoin to them with not positive impact.
jr. member
Activity: 140
Merit: 1
Hi, everybody. I do not recommend anyone everyone has their own head on their shoulders and everyone should think for themselves.
newbie
Activity: 14
Merit: 0
U can suggest and give explanation why they invest in crypto but don't force them because when market fall for more down prices than they will blame u also told them they need to do long term investment in bitcoin. now market is in downtrend since few months so chances is too much market will make bullish green candles in Quarter 4 of this year like last year and bitcoin price is moving between $6k to $7k price so we can make profit in small pump and dumps. this is the right time for investment in bitcoin or in any other coins because we not see any major move of bitcoin in this year.
sr. member
Activity: 588
Merit: 250
Why not? I mean when the market crashes, it is the time for us to invest in bitcoin more at cheaper rates.We can invest as much as we want and can hold until the price rises.By investing at lower rates and selling at high we can earn huge profits.So whenever there is downfall in the price, I always recommend to everyone who are known to me and working with BTC to invest in it more.
full member
Activity: 350
Merit: 100
Family and friends are the investors. Investors don't come out from the moon rather they live with us and when price drops is suppose to be the right times to look for windows to jump in.

Off course, I can advise an interested investor to invest at a time that price is lower so that they have a better chance to begin riding on profit as market picks up.

Considering crypto is unpredictable, of course, this can be good or bad in our relationship.

It's will be great if they get the benefits of lower prices currently bought and the cryptocurrency going to the moon.
But, it can be bad if they lose some investment for what we offer. Even though we have explained from the beginning.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
You know the most common question I get asked is, "Please let me know when the price drop, because I want to buy in when the price is at it's lowest" So they ask me to tell them when the price is low, because they do not monitor the price every day.

Just make sure you explain the pros & cons to them and highlight that Bitcoin investments is a very high risk investment. After you have done that and they agree to take full responsibility for their own actions, then you can advise them on when the right time for buying is.  Grin
member
Activity: 294
Merit: 34
If it is their own will to invest in crypto then why not? As long as they understand the risks and they are willing to invest long term, i would gladly welcome them to crypto business.
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