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Topic: Do you reccomend family and friends to join the market when it's crashing? - page 8. (Read 2920 times)

full member
Activity: 630
Merit: 104
It's hard to recommend when market is crashing. I think it's very risky now because the market is very tricky . Everyone must make their own decision
member
Activity: 260
Merit: 28
Look ARROUND!
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 because for me this is the best time to invest because the price is very cheap , I recommend it to them if they already have enough knowledge about investing in crypto. There is nothing wrong in encouraging other people , i think thats good.
full member
Activity: 418
Merit: 106
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

Yes, I will. As long as I did my part as warning them how risky it can be and how unpredictable the value is. I will explain and share my knowledge about bitcoin and it’s up to them if they’d take the risks and gonna use bitcoin.
jr. member
Activity: 278
Merit: 1
simply getting the job done
I think that it is reasonable to enter the market when it all falls down of course if you believe in the market ! My father, for example, entered the market recently.
full member
Activity: 176
Merit: 110
no, we all scarcely encourage these to become a member of if the Crypto industry is at the top simply how much a lot more in the event the industry will be dropping. We must suggest to them our own resistant that individuals are usually making with your tough energy inside Crypto so it will be negative thought to be able to encourage these even though the industry efficiency is quite unpleasant to find out.
newbie
Activity: 58
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.

Yes of course I will still recommend bitcoin. I will let make them understand that it is normal for the market to fluctuate because of its volatility in nature. If they have money to spare, it will be a good investment since the prices are low and investing now will eventually give them higher earnings when the market prices go up.  Believing in crypto might seem impossible these days, but better days are ahead and we should never stop believing for what is right and just.
member
Activity: 406
Merit: 10
Moreover, I specifically recommended to my friends to wait for the fall in prices, if they want to save on investment. And they believe me and invest in bitcoin.
full member
Activity: 420
Merit: 100
Harmony for One and All
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, Because this is new asset class and which is same type of new inventions and having bigger scope than internet revolution. And we all know how the tech stocks given fruitful results for long terms HODLers even though the dot com bubble burst during 90s when the market cap reaches 6trillion dollars. Now we have more market reach than that time. So bull is confirmed in long term but when means we don't know.
member
Activity: 490
Merit: 10
Of course, I always recommend investing in cryptocurrency, and now - a great opportunity to do it because of the fall. Of course, it is not easy to prove that the fall is good and allows you to save on buying bitcoin, but I succeed.

member
Activity: 616
Merit: 30
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 they have spare money why not,as the crashing market is not advisable for daytrading,so if that capital is only spare then i may suggest to them to invest and just hold the coins and wait for the right time to harvest the profit.but if they dont have extra capital then i better tell them to stay away from cryptocurrency
full member
Activity: 279
Merit: 105
Yes, I continue to recommend bitcoin for investment, because I am confident in this technology and its prospects. And I see no reason to talk about his death, the fall in prices - it's not scary.
full member
Activity: 924
Merit: 221
Yes of course I recommend bitcoin to my friends and family but in bounty hunting and not on investments. I would also recommend to invest but that should optional and it will depend on their capabilities on how they look upon on this kind of investments that is high risk.
newbie
Activity: 4
Merit: 0
First of all , i don't think the market is crashing, we are in a situation of bear market, and yes i would do recommend my family or friends to join in but not before doing their own researches. I won't chose for them in what coin or token they should invest in. 
In my opinion, it's a good time to invest in tokens or coins with big potential and low price...
jr. member
Activity: 98
Merit: 2
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,because I am sure it will rise and will worth a lot more than what we would have to pay now! Win,win eh?
full member
Activity: 462
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.

Actually i did,my best friend and the grandparents of my first born child entered crypto last july when the market is really moving insane,lucky that they trusted me and dont need to encourage them thoroughly now they are happy seeing those coins they purchased is doing great,and one of them bought ripple in which now the trending coin since it breaks the barricades of being number two top coin
member
Activity: 364
Merit: 10
I think it is not worth investing when the price falls. It is very risky and you can lose your money and put the pig to friends and family.

actually the right time to invest when the value of the crypto currency is down? because investment in crypto currency is not for instant gain, all need your patience too, so don't make crypto currency as magic
member
Activity: 322
Merit: 10
for me yes i recommend my family and my friends but just believe in bitcoin they invest because the market is low nowadays because i just want to help them just in case they have an opportunity to get it and new life
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Yes, I always recommend my family and friends to join the market, especially if the market is crashing and I am telling them that is the best time for them to participate in the cryptocurrency. Some of my friends decide to join and buy bitcoin, but the others don't want to join, and I don't blame them not to join because it's their decision and I only give a new way that they can use to have any coins for their investment. I always keep telling them to be strong in the cryptocurrency because everything can happen in the crypto and they need to control their emotion if somehow, the market is falling deeper than the price they bought before.
newbie
Activity: 38
Merit: 0
I'm not sure about this. I may not because it's crashing time, i don't know what will happen in the future. I think i will not recommend it
member
Activity: 392
Merit: 10
You must explained to them first the possible outcomes wether it is bad or good. Im sure you wouldnt want them very mad when the prices go rocketing to hell.
Just like in my case, i forced my brother to invest in bitcoin but i have told him the possible scenarios we might encounter along the way and he gladly accepts it.
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