If someone you introduced to BTC says the risks of her funds is on you - page 2.

2Pizza410000BTC

sr. member

Activity: 364

Merit: 195

Buy on Amazon with Crypto

Quote from: EluguHcman on April 25, 2024, 04:13:43 PM

~snip~
Dear fellas, please I needed to know how you would feel if you were in my position basically where she said I would refund her if her funds gets lost becasue you recommended and introduced her to the system.

I would not recommend such people. Because investment should always be at your own risk. Don't invest in other people's decisions. But yes one can get experience from me about investment and follow all investment strategies but he will invest with decision from me and in case of loss of that investment I will compensate him which I will never accept. Here he takes a decision from me if he invests and gets a lot of success in that investment then he will not give me any part of his profit but whenever he suffers loss it is never acceptable why I should be compensated. If he agrees to give me a share of the profits, I will be willing to take this risk.

kro55

sr. member

Activity: 1610

Merit: 301

*STOP NOWHERE*

Quote from: tottong on May 01, 2024, 02:24:40 AM

Quote from: kro55 on April 30, 2024, 11:20:02 PM

The more serious problem is why do we take the time to give investment advice to these types of people and take the time to explain it to them?In my opinion, stay away from the type of person who wants to make big profits but does not like to take risks. This will just waste our time.

I find that the mistake most of us make is that we like to give bitcoin investment advice to others when what we should be doing is just recommending bitcoin to them. Give them knowledge about bitcoin, not advice to invest in bitcoin as soon as possible.

Different people will look at problems in different styles, I have a friend whose character likes to share information and he always teaches people how to make money.
He is so thorough and ready for everyone to ask about investment matters and what is strange is that he never gets bored of teaching this matter every day to the people who ask.
If we think the person is not worthy of being taught then leave, because there is no responsibility to give advice to anyone because there will be risks that will occur.

Apart from providing recommendations, we should also mention the risk impacts that result when people don't understand Bitcoin.
This way they also have the motivation to learn first before getting involved in it. So that every time there is a problem they can face it more prepared.

As I also said, why don't we give them knowledge and let them make decisions once they understand everything. What I see commonly nowadays is that people just like to impose their thoughts on others, people just always want others to invest in bitcoin immediately. Most just give advice and impose thoughts, no one takes the time to analyze or explain the benefits and risks of bitcoin to someone in detail.
And opposite, if someone doesn't want to listen to our explanations or receive our knowledge but just wants us to ensure their safety, then stay away from them and don't let them waste our time.

tottong

hero member

Activity: 1428

Merit: 592

Quote from: kro55 on April 30, 2024, 11:20:02 PM

The more serious problem is why do we take the time to give investment advice to these types of people and take the time to explain it to them?In my opinion, stay away from the type of person who wants to make big profits but does not like to take risks. This will just waste our time.

I find that the mistake most of us make is that we like to give bitcoin investment advice to others when what we should be doing is just recommending bitcoin to them. Give them knowledge about bitcoin, not advice to invest in bitcoin as soon as possible.

Different people will look at problems in different styles, I have a friend whose character likes to share information and he always teaches people how to make money.
He is so thorough and ready for everyone to ask about investment matters and what is strange is that he never gets bored of teaching this matter every day to the people who ask.
If we think the person is not worthy of being taught then leave, because there is no responsibility to give advice to anyone because there will be risks that will occur.

Apart from providing recommendations, we should also mention the risk impacts that result when people don't understand Bitcoin.
This way they also have the motivation to learn first before getting involved in it. So that every time there is a problem they can face it more prepared.

wiss19

sr. member

Activity: 2296

Merit: 348

Quote from: Gaza13 on April 26, 2024, 01:38:54 PM

Your heart is really kind, friend, you still care about other people getting rich from bitcoin, but I read your story above. Your neighbor is very afraid of losing his money. What I want to ask you is how much money your neighbor has? Do you have a fixed income? If I were you, I would borrow your neighbor's funds if your neighbor allowed it. I will return it at the agreed time. You have to remember here that you have to have a steady income to pay in installments and so that they believe you will pay it off. Then you can buy the whole thing at a moment like now when prices are decreasing. If you succeed, you just have to prove it to him, of course he will regret not following your words.

It's hard to believe what we hear until we see something, it's not so easy to believe what other people say is true until someone makes a profit from investing in Bitcoin. Keep telling him all day long that you will get profit in the future, and he still won't believe it, so I also agree, but taking a loan from someone and investing in Bitcoin is not safe for me. Since Bitcoin is a long-term investment and it is also possible that the invested money will go to loss and it will take a long time to recover it, therefore one should never trade by borrowing from anyone.

As you suggested you should have enough income to pay back the amount in instalments, so I would say if you have enough money to pay back the borrowed amount in instalments then it is better. Instead of taking a headache, invest in Bitcoin in portions because doing DCA is better than buying it all at once.

Essential10

full member

Activity: 448

Merit: 130

Quote from: Volimack on April 29, 2024, 09:26:41 PM

As far as I'm concerned, investing in bitcoin is about taking the risk and expecting a return if I don't have the risk then why give the profit to others. Investing should be done thinking about both profit and loss. Those who only think about profit will never be successful it is not possible to move forward without taking risks. I will never risk my funds with this type of person.

Not everyone in the world uses their money for investment purposes. They invest only thinking about profit, they are not really investors, I don't think they invest at all. There is no person in the world who can demonstrate that there is no investment without risk. Those who have dared to risk investing are now multimillionaires. We are talking about Bitcoin here where introducing a person to Bitcoin does not mean that I will take responsibility for his invested money, no one will. They are not really investors they are actually greedy.

kro55

sr. member

Activity: 1610

Merit: 301

*STOP NOWHERE*

Quote from: Russlenat on April 30, 2024, 05:23:17 PM

Quote from: GideonGono on April 29, 2024, 03:23:11 PM

I would respond by saying that since the risk is on me the profit should also be on me.
If they doesn't want to take risk they shouldn't also expect to gain profit.
I don't get why they would even try to invest if they don't know how it works, and they only see the profit and ignores the risk.

I doubt if she will agree to that, her money, her profits. The only problem is she’s obviously not ready and capable to invest, otherwise she won’t doubt herself if she’ll win or lose in an investment. However, if this case happens to me, I would be frank to her and tell her to delay her investment first, know her investment well and be aware on the risks as well. That is if she wants to succeed later on, so she should learn to follow.

The more serious problem is why do we take the time to give investment advice to these types of people and take the time to explain it to them?In my opinion, stay away from the type of person who wants to make big profits but does not like to take risks. This will just waste our time.

I find that the mistake most of us make is that we like to give bitcoin investment advice to others when what we should be doing is just recommending bitcoin to them. Give them knowledge about bitcoin, not advice to invest in bitcoin as soon as possible.

MainIbem

sr. member

Activity: 1316

Merit: 379

Fully Regulated Crypto Casino

Quote from: Yukyzu on April 30, 2024, 07:45:42 PM

In investing, of course there will always be risks that we have to face in order to achieve success in the investments we make, if they understand well the risks faced in investing, of course they will be able to easily complete and continue the investments they make, so It is important for everyone who decides to invest that they must be able to understand the risks they will face in order to be able to invest well and achieve their investment targets, because if they do not understand the risks they will face and only look at the profits, of course This is very stupid and they will lose their money on this investment.

A lot of people are not aware that bitcoin is volatile in nature. Just like that the OP mentioned, some believe that bitcoin is a ponzi scheme and I think that was why she gave her terms of refund to the OP if things go wrong, before deciding to invest in it. This is the more reason why Bitcoin shouldn't be forced on people to invest in because out of ignorance some might begin to make trouble when it's price drop for instance imagine telling someone to invest in Bitcoin before the halving and you assure them that it's a very good asset for investment (of course it is) and the price would go very high, probably 80k. Maybe you didn't explain the nature of Bitcoin to them ( it's Volatility) Now what would you explain to them as it's current price has gone down? That's why when you preach to people about investing in Bitcoin you should also let them know the risk involved in it, then it's left for them to make a decision to proceed or not. Well If I were the OP I won't panic but I'll educate the lady further about Bitcoin and listen to her decision concerning making investment in it.

Yukyzu

full member

Activity: 241

Merit: 100

Quote from: GideonGono on April 29, 2024, 03:23:11 PM

I would respond by saying that since the risk is on me the profit should also be on me.
If they doesn't want to take risk they shouldn't also expect to gain profit.
I don't get why they would even try to invest if they don't know how it works, and they only see the profit and ignores the risk.

In investing, of course there will always be risks that we have to face in order to achieve success in the investments we make, if they understand well the risks faced in investing, of course they will be able to easily complete and continue the investments they make, so It is important for everyone who decides to invest that they must be able to understand the risks they will face in order to be able to invest well and achieve their investment targets, because if they do not understand the risks they will face and only look at the profits, of course This is very stupid and they will lose their money on this investment.

kotajikikox

full member

Activity: 2548

Merit: 217

Quote from: Kristiyana on April 30, 2024, 06:22:16 PM

How can you tell someone who introduce you into bitcoin investment that the risk of your funds is on him,

Obviously your money=your responsibility

Your gain=your loss

Quote

that is why is not good to force someone to join something that she don't even have any idea of,

Op clearly just suggested since she was looking for options to invest in. Op did not hold a gun to her head and forced her to invest in bitcoin.

Quote

maybe when she agreed to start bitcoin investment she's hoping that Op will refund her back the money when she lose, I think that was the main reason why she accepted when OP ask her to join in the first place.

Why would she assume that Huh

It’s not like op is the one who owns or controls bitcoin. Maybe she isn’t well aware of how bitcoin works or maybe she is just really entitled.

Kristiyana

member

Activity: 210

Merit: 36

Quote from: Russlenat on April 30, 2024, 05:23:17 PM

Quote from: GideonGono on April 29, 2024, 03:23:11 PM

I would respond by saying that since the risk is on me the profit should also be on me.
If they doesn't want to take risk they shouldn't also expect to gain profit.
I don't get why they would even try to invest if they don't know how it works, and they only see the profit and ignores the risk.

I doubt if she will agree to that, her money, her profits. The only problem is she’s obviously not ready and capable to invest, otherwise she won’t doubt herself if she’ll win or lose in an investment. However, if this case happens to me, I would be frank to her and tell her to delay her investment first, know her investment well and be aware on the risks as well. That is if she wants to succeed later on, so she should learn to follow.

How can you tell someone who introduce you into bitcoin investment that the risk of your funds is on him, that is why is not good to force someone to join something that she don't even have any idea of, maybe when she agreed to start bitcoin investment she's hoping that Op will refund her back the money when she lose, I think that was the main reason why she accepted when OP ask her to join in the first place.

Russlenat

hero member

Activity: 2716

Merit: 904

Quote from: GideonGono on April 29, 2024, 03:23:11 PM

I would respond by saying that since the risk is on me the profit should also be on me.
If they doesn't want to take risk they shouldn't also expect to gain profit.
I don't get why they would even try to invest if they don't know how it works, and they only see the profit and ignores the risk.

I doubt if she will agree to that, her money, her profits. The only problem is she’s obviously not ready and capable to invest, otherwise she won’t doubt herself if she’ll win or lose in an investment. However, if this case happens to me, I would be frank to her and tell her to delay her investment first, know her investment well and be aware on the risks as well. That is if she wants to succeed later on, so she should learn to follow.

Ndabagi01

sr. member

Activity: 784

Merit: 306

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: EluguHcman on April 25, 2024, 04:13:43 PM

You can imagine that she told me to give her my words that if anything happens to her funds if invested that I will have to refund her. 😏. That was silly and I felt mad at her.
And right then I clearly told her that I am not trying to introduce her to any of the Ponzi schemes so it is her choice to decide but all I can tell you(her) lastly about this is that your funds will be secured as long you (she) would stick to the terms I have explained to her after explaining the Pros and the Cons to her.

Dear fellas, please I needed to know how you would feel if you were in my position basically where she said I would refund her if her funds gets lost becasue you recommended and introduced her to the system.

If this was what she demanded we agree on before she can invest in bitcoin then I won’t bother to ask her join through me, let her do it herself or look for someone that can agree to her terms. Ideally, any investment you’ve decided to take on has their risk and reward ratio and no investment is free from not losing or will always be on the winning trajectory. Unforeseen circumstances happen that can make you lose some money during investment but when you hold on and keep doing the right thing, you’ll get them all back. Let her see bitcoin as one and if she can be able to grasp the pros and cons you’ve told her about bitcoin, she should be convinced enough to buy and wait for the right moment to sell her bitcoin and make some good profits.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: Rockstarguy on April 30, 2024, 02:05:26 PM

Quote from: GideonGono on April 29, 2024, 03:23:11 PM

I would respond by saying that since the risk is on me the profit should also be on me.
If they doesn't want to take risk they shouldn't also expect to gain profit.
I don't get why they would even try to invest if they don't know how it works, and they only see the profit and ignores the risk.

People are just desperate of making money but are not willing to know if what they about to go into is worth investing in. It is very wrong for people to try what they zo not believe in, and afraid to invest their money in it. Most beginners they invest in bitcoin not because they believe or understand it, but they just feel it might being money for them if they should invest in it.

When we introduce bitcoin to people we should be able to let them know not to rush into it when they haven't gotten good understanding about it, because their is no sense investing in something that you are not sure if it can yield profit or not.

What should give people a go ahead to invest in bitcoin is when their is good understanding about it and no doubt if it will be profitable or not. Understanding and believing bitcoin must be the reason anyone must invest in bitcoin.

One of the main reasons on why i dont really tend to give out any recommendations when it comes to investing with crypto or any other forms because i dont really like for be the one to get blamed on the time that they would really be seeing that their investments are going south. I do have a couple situations on where this is something that happens on me on the time that they are pointing fingers at me and blaming me as if im the one who is rushing on making investment just because they were that expecting that they could make out some good returns on a very short time.

I havent missed on telling them about on the risk involved and they have agreed but in the end of the line you would really be still that getting that kind of blaming time on
the moment that they are losing money. This is why in the end i have decided not to make any recommendations or would really be giving out suggestions in regarding about investment because
you are really just that making yourself putting up on some trouble and they would really be finding you as if you are the ones whose at fault. lol

Rockstarguy

hero member

Activity: 1050

Merit: 592

God is great

Quote from: GideonGono on April 29, 2024, 03:23:11 PM

I would respond by saying that since the risk is on me the profit should also be on me.
If they doesn't want to take risk they shouldn't also expect to gain profit.
I don't get why they would even try to invest if they don't know how it works, and they only see the profit and ignores the risk.

People are just desperate of making money but are not willing to know if what they about to go into is worth investing in. It is very wrong for people to try what they zo not believe in, and afraid to invest their money in it. Most beginners they invest in bitcoin not because they believe or understand it, but they just feel it might being money for them if they should invest in it.

When we introduce bitcoin to people we should be able to let them know not to rush into it when they haven't gotten good understanding about it, because their is no sense investing in something that you are not sure if it can yield profit or not.

What should give people a go ahead to invest in bitcoin is when their is good understanding about it and no doubt if it will be profitable or not. Understanding and believing bitcoin must be the reason anyone must invest in bitcoin.

OrangeII

hero member

Activity: 2170

Merit: 503

Reward: 10M Shen (Approx. 5000 BNB) Bounty

yeah, that's something that happens often. A person will blame other people for inviting him to do this when he suffers a loss. That's ridiculous when you explain how risky he can get when investing in bitcoin. Therefore, don't invite him to invest, but educate him about Bitcoin, and let him make decisions based on his own thoughts. This is done to avoid things like that.
People so easily blame others when they suffer losses, and ask for the losses they receive. However, when he makes a profit, he is just grateful, and maybe just gives a little money to the person who invited him. That's not fair.

martinex

full member

Activity: 392

Merit: 130

PredX - AI-Powered Prediction Market

Quote from: GideonGono on April 29, 2024, 03:23:11 PM

I would respond by saying that since the risk is on me the profit should also be on me.
If they doesn't want to take risk they shouldn't also expect to gain profit.
I don't get why they would even try to invest if they don't know how it works, and they only see the profit and ignores the risk.

Yes. I also agree with your statement above if we read the OP review above carefully, but if the condition is in our position, the most ridiculous is us because we already know that what we are informed is a person who has no desire and no interest at all and forces to invest in crypto with its potential.

My view, if he has automatic desires, he will come to us by himself without having to be asked, then the learning and teaching process begins, along with an overview of all the risks associated with him entering and investing.

Volimack

member

Activity: 462

Merit: 13

★Bitvest.io★ Play Plinko or Invest!

As far as I'm concerned, investing in bitcoin is about taking the risk and expecting a return if I don't have the risk then why give the profit to others. Investing should be done thinking about both profit and loss. Those who only think about profit will never be successful it is not possible to move forward without taking risks. I will never risk my funds with this type of person.

Natsuu

full member

Activity: 1148

Merit: 158

★Bitvest.io★ Play Plinko or Invest!

Quote from: GideonGono on April 29, 2024, 03:23:11 PM

I would respond by saying that since the risk is on me the profit should also be on me.
If they doesn't want to take risk they shouldn't also expect to gain profit.
I don't get why they would even try to invest if they don't know how it works, and they only see the profit and ignores the risk.

It just means that the money they are putting in is not intended for investment. It could be their personal savings or emergency fund which they are not willing to lose. But since they can't carry the risk and responsibility from type of investing, they are putting it with other people. They blame people when things go wrong but takes all the credit when things go into their favor.

I would say instead that, I presented and introduced you an opportunity but it's your risk to take. I've just opened up possibilities but you are the one to carry.

Natalim

hero member

Activity: 3094

Merit: 606

BTC to the MOON in 2019

No matter what you do, you will still take the blame. Because that person never takes responsibility as she is already not confident in you and in investing in Bitcoin. It only means that this person doesn't want to invest. So, therefore, she is not worthy of our time and effort. We'd rather talk and encourage someone who could really understand and of course, is willing to adapt to the situation. In fact, we are just helping them, not by having responsibility over their investment as it was their choice to invest, not us. We are introducing them some ways to earn money and its up to them to decide but not in way they will put us in charge of their funds.

Baki202

full member

Activity: 490

Merit: 209

Quote from: GideonGono on April 29, 2024, 03:23:11 PM

I would respond by saying that since the risk is on me the profit should also be on me.
If they doesn't want to take risk they shouldn't also expect to gain profit.
I don't get why they would even try to invest if they don't know how it works, and they only see the profit and ignores the risk.

Folks just know how to behave funny, because your business failed why would you blame anyone, it is not as if you are forced to invest, it was a decision made by you single handily made by you so I don’t see the reason for the blame. And I love the feedback, you are ready to give in a situation like this because what if the investor is making profit will he blame me no, and everyone understands the up and down in bitcoin price. If you know you cannot stand the fluctuations in price then why invest in the beginning, when you know ur mind will not stand it. And I know that it will taker longer for some people to start making actual profits from investing, I feel is something you need to take your time to learn before investing, so that you don’t have the mind set of blaming people. And for people like this I will recommend holding for them.

They don’t look like people that have the mindset to actually trade, it is more challenging to trade than to hold so better still just tell them to hold.

Topic: If someone you introduced to BTC says the risks of her funds is on you - page 2. (Read 1031 times)