Topic: Do you reccomend family and friends to join the market when it's crashing? - page 5. (Read 2920 times)
September 25, 2018, 06:10:40 PM
Well I can suggest to them but the problem is it depends to them what they will do because we have different strategy it is good to buy when the market is falling but the problem is if all of investors o a investor is willing to risk on thatt idea. You need a long explanation to understand them how they will benefits the market soon if they will buy now but if you proven your profit to them in this situation they will sure that you will convince to invest now.
September 25, 2018, 05:45:50 PM
my family will not understand and I think I am safer to make my own decisions. I realize that crypto trading is not easy and dangerous for beginners. it's better to invite people who already understand it to be safer.
September 25, 2018, 02:18:27 PM
To some friends, I advised to enter in the cryptocurrency world and invest in it when the market falls, because this is the best time to enter in this field and create a profit for many years. Just need to intelligibly explain why it is better to make investments when the market falls and show evidence of past years as the market grew and fell, it will be enough for them.
While you are right that the perfect moment to enter in the market is when it's going down because that way you obtain the coins when they are very cheap at the same time if you do not have a plan about what to do once you enter in the market you are surely going to fail, deciding when to enter in the market is probably one of the easiest things that a trader has to do.The most difficult decisions are about money management, your risk level, your stop loss and your exit point, all of those decisions are way harder than to just choose a point of entry, I say this because a lot of people concentrate on trying to find a system that gives them signals to enter the market when they should concentrate on how to make profits out of those signals.
September 25, 2018, 11:37:06 AM
I'm afraid to give recommendations to my friends, because now the market is very big risks. And I do not want, in case of failure, that they accuse me of everything
September 25, 2018, 10:54:30 AM
I have not thought about recommending anyone, because I still focus on myself to succeed in bitcoin investment, where I can benefit through bitcoin.
September 25, 2018, 10:43:21 AM
I never give recomendation to my circle, because i know crypto so volatile, but ive try to educating tham about crypto, and let them decide by themself to invest or not
September 25, 2018, 10:40:38 AM
yes, that would be a great idea if they understand the whole thing. remember, according to the tycoon Baron Rothschild, "the time to buy is when there's blood in the streets." - and yes, that is the perfect time to buy if you are well informed, have enough financial backup and deep into investing.
September 25, 2018, 10:24:22 AM
I do not and will never do it. I am aware that this kind of investments could take away the fortune in your life so I will never let them feel the sufferings in here even though they knew how much I could earn from this. If you really love your family I hope you don't drag them in this. I do tell them what am I doing in here and still supports me though even if I have lost more than I could gain. I love my family, and I won't drag them in this.
September 24, 2018, 06:42:48 PM
Yes, of course. I tell a little about the opportunities that exist when the market goes down. And a little telling, what I got from trading cryptocurrency. However, I suggest you, not to force them. Because there is a big risk behind the profits that I get.
September 24, 2018, 05:08:44 PM
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 would never do something like that, I'm not even willing to tell them to join this market when the market is going up and my logic is very simple, they do not really know anything about this market, they do not have the same knowledge that I have about how this market works, so the chances that they lose all their money in this market after just a few months is very high. 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 24, 2018, 09:09:35 AM
I think it's not a bad thing. Whenever the price of bitcoin drops to a low level and I think it is safe to invest. I also encourage my friends and relatives to invest in it for the sake of earning higher profits. I want my friends and relatives to be able to earn money lightly and save time
September 24, 2018, 07:50:38 AM
Well even the market is in good condition I dont want to recommend investing in crypto to my family because I know the risk associated with it and I dont want to be the one to blame incase something bad happen to their money.
Its not that I dont have faith in cryptos but its better for them to decide on their own and not because I recommended to take advantage the crashing market.
- Indeed, every investor should have a choice and be responsible for their investment, we can not shoulder this task on our own even when they are our family and relatives because when we talk about money and money, it is always a matter of controversy, it even shatters a whole family. So, we should stay away from that before the relationship gets stuck, investing in this market is not a joke, no one can know the story will bring good or bad results, we should not encourage anyone when we have no guarantee for them, complaints and blame are not a pleasant thing Its not that I dont have faith in cryptos but its better for them to decide on their own and not because I recommended to take advantage the crashing market.
September 24, 2018, 07:25:18 AM
I already did but only few of my relatives engage in crypto, still we are lucky that we witness when the value of bitcoin is on highest pick and we get huge income that is why we continue to have bitcoin hold in the future because we believed that the market value will recover and all people whould be more happier in the future including me and my relatives.
September 24, 2018, 07:13:57 AM
I won't recommend things they don't understand, learning in the crypto world takes a long time so we don't get stuck and lose. Not that crypto is a bad place, but suggesting friends or relatives to the crypto market is futile.
In terms of ideas and potentials it can be a good thing introducing crypto to someone who's close to you, knowing that you already got a good experience and allowing them to take a look and start learning how things works inside crypto industry can open their minds, and give them hints to step inside this investment opportunities, not just to ask them to join but better to let them do their own research. 
September 24, 2018, 07:10:44 AM
yes i recommend my friends to invest on the market while the price are unstable and too low. Its perfect timing to buy and hold it in a very long term period and wait until the market price are stable.
September 24, 2018, 07:08:14 AM
No,I wont do that because maybe this can start misunderstandings between us so I can teach them what is bitcoin but I never suggest the bitcoin as investment I will let them what is the actual condition and in future the prices may go higher at that time you can make huge profits if you buy it now but theere is no need that it will happen so it is your responsibility to consider the risk levels.
September 24, 2018, 07:02:06 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.
At some point, I would recommend them to join in this world since crypto is volatile it could rise up not now but soon. If they join now it will be privilege for them if they buy now because they aren't that expensive right now therefore, they could buy as much as they can and hold it for the next bull run. 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 24, 2018, 06:56:59 AM
Sure I mean why not right? Its just a recommendation and I know that if they heed my advice, they themselves know what is going to happen in the future. I would advise them regarding some things about the current flow and the possible flow in the future and hope that they decide for what they think is the best
September 24, 2018, 06:52:04 AM
My parents are older and working with computers is difficult. So I introduced my brothers and sisters, some of my close friends. I am glad they can improve their finances.
September 24, 2018, 06:50:06 AM
I'm always try to encourage people of my own family to allocate small portions of USD to cryptocurrency investments, especially, after bubble is bursting. However, patience is the key here to successful investment. We haven't seen bottom yet, IMO.
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