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Topic: Do you reccomend family and friends to join the market when it's crashing? - page 3. (Read 2929 times)

newbie
Activity: 75
Merit: 0
there are some friends that I have invited to join the market, but they themselves refuse, and their reasons, they need capital for it. and I do not recommend for families.
When prices fall the opportunity to buy, waiting for prices to rise to sell. Bitcoin is very volatile, therefore it must be smart when to buy and when to sell. So I still advise family or friends to invest in bitcoin, because bitcoin provides a profitable opportunity when prices go down or when prices rise.
full member
Activity: 462
Merit: 102
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 think it's okay to let your relatives buy bitcoins during this time of crashing because it's their responsibility to make the profits out of their bitcoins. They're using their money, anyway. So why bother stop them? I for one, would tell my parents to buy some bitcoins while the price is lower.
hero member
Activity: 2912
Merit: 556
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in my life, I never recommend people about join the bitcoin trading and investing, I just tell them about the benefit and the disadvantages about bitcoin trading, if they interested I think I will teach them deeper, to recommend people it has a risk when it's not going well in trading (price drop, scam, etc)

The decision will be on them and like you said, if they interested, we can teach them. And I think if people are open mind about something new especially about technology, then they will find out by themselves before they ask how to join and if finally, they cannot find a way to enter, or they got some difficult, then they will come to us and ask about their problem. Some of my friends come to me when they have a problem, and I can help them and explain more about cryptocurrency.
full member
Activity: 616
Merit: 100
in my life, I never recommend people about join the bitcoin trading and investing, I just tell them about the benefit and the disadvantages about bitcoin trading, if they interested I think I will teach them deeper, to recommend people it has a risk when it's not going well in trading (price drop, scam, etc)
full member
Activity: 490
Merit: 101
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.


At this junction/period when the markets are static and dippend, I don't really have any friend/family to really convince in hodling or come in to come invest because I don't want to be held responsible for anyone's.
full member
Activity: 714
Merit: 101
This Is Promissing Project
there are some friends that I have invited to join the market, but they themselves refuse, and their reasons, they need capital for it. and I do not recommend for families.
jr. member
Activity: 168
Merit: 2
I always invite friends and family to join the digital world of bitcoin bro. because I also want to see them have additional income to meet their daily economic needs ..
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
I will do but just only recommend to the people who believe in me or who had experience with long-term investing.
It's difficult to tell someone don't have experience invest in Crypto when it crashed  Lips sealed Lips sealed Lips sealed
I agree, if you recommend it to someone and he doesnt want it to amd understand how it work it will be hard for them to know why dropping of price happening. In addition it will be nonsense if that someone where you recommend it dont believe in you.
sr. member
Activity: 826
Merit: 265
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 I won’t,instead i will use the crashing time to teach and educate them about the capacity of cryptocurrency to recover,

So when the market starts to grow again they are ready and brave enough because they have seen whats the falling markets different from the growing,

But i have few family members that is not in crypto,because most of them are holder and daytraders now
full member
Activity: 385
Merit: 101
Yes I do because the best time to buy is when there is blood in the streets.  The whales have made the newbie investors scared with these recent crashes, its just a game to them.  Most newbs won't buy until they see the prices going up then they get FOMO'd into buying.
member
Activity: 210
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.
It will be a little difficult, even if your family has joined the crypto currency, it will make them suffer severe losses, moreover they are new to the crypto world. You can explain how the crypto currency works and invite them to join when the market price is stable.
hero member
Activity: 2786
Merit: 657
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We all know that the cryptocurrency is a volatile market and been volatile is the beauty of the market,so it will not be at a wrong place to invite a family member to join,i think it is the best time to join.
You're definitely right cause the crashing time are the best to invest into crypto but ones just need to be more careful and do the right research before selecting his portfolio. However, this was the strategy some newbie lack which eventually lead them into losses.

Crashing market is the best time for newbie to join the market.
member
Activity: 286
Merit: 23
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How often do you recommend you enemies to others as potential friends?

There you have it!

good point tbh:)

haha smartass
copper member
Activity: 224
Merit: 30
[REP] Augur
Yes i think everyone recommended bitcoin to his family.. but only little part of they savings, little investment for BTC is normal and good idea
full member
Activity: 1316
Merit: 105
yes, I told my family to buy some Ethereum and Bitcoin Cash when the price was below as it is now. indeed, only a few have heard my words because most are still in doubt and not yet familiar with cryptocurrencies and I'm sure when all prices will rise again, those who refuse will regret it  Cheesy

don't you think that the market will go deeper and your family will be angry at you for lost money? )
jr. member
Activity: 280
Merit: 1
When the market is in the crashing season ,yes I would recommend to let them buy a good and stable altcoins that can be reliable that has a lower price value , but you must hold your tokens and coins to avoid sudden lose of investments, I recommend them for only buying altcoins for this the good time to buy coins at a lower price value.
member
Activity: 392
Merit: 10
My cryptocurrency investment is not targeted at making money the next day. I simply seize the opportunity to buy less and sell by the time the price has increased tremendously. Such opportunity to buy less is available when there is a downtrend and it has always paid me so I recommend it to friends and family.
sr. member
Activity: 2520
Merit: 366
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yes, I told my family to buy some Ethereum and Bitcoin Cash when the price was below as it is now. indeed, only a few have heard my words because most are still in doubt and not yet familiar with cryptocurrencies and I'm sure when all prices will rise again, those who refuse will regret it  Cheesy
member
Activity: 434
Merit: 10
We all know that the cryptocurrency is a volatile market and been volatile is the beauty of the market,so it will not be at a wrong place to invite a family member to join,i think it is the best time to join.
jr. member
Activity: 201
Merit: 1
It's hard to get people to join in Bitcoin and explain Bitcoin to people who don't know about Bitcoin. Therefore I will only recommend to my family and best friends who already know about Bitcoin and understand the risks of investing in Bitcoin because if they already understand, it's easier to invite them to join here.
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