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Topic: Do you reccomend family and friends to join the market when it's crashing? - page 6. (Read 2920 times)

full member
Activity: 476
Merit: 100
Certainly I will encourage my close relation to join crypto market even when it is going down because I believe in the blockchain technology as the future of all transaction. But I will educate them on the need of patient in the crypto currency trading or investment. They must know there is no loss in this business till you sell but if you hold your coin and be patient then you can never lose your coin. Losing comes when you panicked and act out of impatience then you will sell at a losing price and your money goes, then the following day the market reverse and goes up.
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.

Well, actually its really hard to explain the process of cryptocurrencies to those people who are not have a knowledge about the technology, especially if they do not have any interest to it. Its fun to teach cryptos to a people who are curious about it, its quite fun to teach a person who have lots of questions regarding to bitcoins or cryptocurrency because you can see to them that they are really wants to teach them.
I tell to my family that I get my earning in crypto while in my friends I tell them to try to join in crypto, but honestly its not easy to explain to some people even its your friend or family if they have no interest to it. But some of them seem that they are interested about crypto because they have lots of questions, so those people are only I give my time to teach about crypto, I tell them everything even what to do when market situation is good or not.
full member
Activity: 644
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.

Well, actually its really hard to explain the process of cryptocurrencies to those people who are not have a knowledge about the technology, especially if they do not have any interest to it. Its fun to teach cryptos to a people who are curious about it, its quite fun to teach a person who have lots of questions regarding to bitcoins or cryptocurrency because you can see to them that they are really wants to teach them.
jr. member
Activity: 123
Merit: 1
If they want to invest then sure recommend them but my first advice in crashing market for them is that they should wait first for stabilization and then invest.
member
Activity: 193
Merit: 10
Both Yes and No
Yes maybe, because it's the right time to invest, then we will all be having a tons of profit, but on the other hand it will be the very hardest challenge will come to me because I need to explain to them why they should invest and why they will invest in the times of the market is crashing.

No because it will be a lot of question will come out instead of making my own profit in the times of crashing I need to spend my time to explain it to them so why should I recommend in the times of crashin maybe in the times of the price is on the good hand
hero member
Activity: 1078
Merit: 501
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, why not but I will not force them to buy when it is crashing because it is still their decision if they wanted to invest in bitcoin or not. They can observe the market first before they enter it. I can just recommend it to them and explain the advantages of the market when it is dropping but I will not gonna force them to do so.
newbie
Activity: 48
Merit: 0
I do recommendation to my family and friends to invest in crypto market while the market is crashing. But it should be wisely and of course not all of their savings, it should be a little amount that they can take the risk on it. I always advise to choose 2 or 3 best crypto coins like Bitcoin, Etherium, Ripple etc. , Because those  are the most reliable and profitable cryptos I ever know since I started, and I truly believe on the ability of those cryptos to create a greater value in the future.
member
Activity: 1764
Merit: 10
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.
jr. member
Activity: 280
Merit: 1
Do not go to the explanation of bitcoins using specialized terms, such as crypto currency, rather explain it to them with understandable words. Explain that Bitcoin is ordinary money that has value and can be used to buy goods and services. It is also similar to shares, because the value varies depending on demand and supply. However, they do not give dividends.
full member
Activity: 1484
Merit: 136
★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

It has a point. We can te to people who have faith in things they are doing rather than those people who want instant money, this is not good for the market they may tend to be just panic sellers. And also when the market is crashing,it is the perfect time engaging to crypto because of the potential of it.
newbie
Activity: 29
Merit: 0
For me yes, since that is the right time to invest for start-up and I will recommend to use it for a long-term instead of trading it.  Smiley
full member
Activity: 728
Merit: 101
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.
hero member
Activity: 3010
Merit: 629
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.
full member
Activity: 602
Merit: 100
I will give them a little insight into bitcoin, about the market, the price of bitcoin last year and the price of bitcoin now. I would not recommend them to buy bitcoin when prices fall, because we know, investment in crypto has a high risk, I do not want to have guilt later, let them decide for themselves.
newbie
Activity: 28
Merit: 0
Of course not, I can find some reliable sources of information before delaying my family's operation in the crypto market.
full member
Activity: 238
Merit: 144
I think that investing when the price is at the bottom is the best solution. It makes no sense to buy when bitcoin is growing, because no one knows when the growth will end.
newbie
Activity: 24
Merit: 0
Yes, but with ample reasoning. It can be a good opportunity for new users to test out crypto while the market is at a low point, which means they can play with a few BTC without breaking the bank. Then, if crypto prices go back up then they get to earn from it. If they have the extra dough to shell out for a few BTC, it can be a good experience one way or another.
jr. member
Activity: 154
Merit: 2
Staker.network - POS Smart Contract ETH Token
I never let anyone know that I was in cryptocurrency. I will not urge anyone, let alone my family, to start. I find the risk too high and then we have no certainty that these cryptos will have a future. We engage in a very risky area, we must believe strongly to continue and have a lot of patience.
newbie
Activity: 6
Merit: 0
Why not! but I will explain first everything about the market and it's up to them to decide if they are going to join. In the first place I'm also recommended
by my friend and I am not regret to join here.
newbie
Activity: 28
Merit: 0
The bitcoin incremented, shrinking and here that is a matter that that that most always be most mind in the Crypto. But field should be shrinking for the new beginner to the field of the lo lắng field. nhờ the application applications as payment, shift money,… thanks that the following that the Bitcoin that the price that the next price to continue. It is the everything of the first of the first speed experience and the first that that that they have been given and has been highly occurrence when given the specified. With the price of the Bitcoin, the Bitcoin section are split the following news like a scam, bong bóng, But really, after the shrinking the bit, the bitcoin returned the following days and the following section is lost from the community .Nếu you see Bitcoin as a currency, can be replaced and apply to execute and all the current receiving. You are always đánh giá value of the Bitcoin by time. See the Discount the Bitcoin as a good board for the purchase.
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