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Topic: Investment (Read 63 times)

hero member
Activity: 924
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Today at 02:09:56 PM
#10
Well I have a friend he trades crypto and he's actually making some money of it recently he made alot of money of trading and was thinking of how to invest it I have been trying to convince him to buy some Bitcoins but he doesn't want to listen
So please I need your help how can I convince him
Before he spends the money on something stupid

Op if I may ask, why do you want to convince him to invest in Bitcoin when he is not interested in investing? do you want to force him so that at the end he will see you as the reason why he did not spend his money on what is best for him, I will suggest you let him do what is best for him so that you don't end up being the reason why he lost his money.

Bitcoin investment should be done by the determination and personal interest of the investor, do not force any one to invest and do not suggest the investment to anyone when they have no knowledge or likeness for Bitcoin and the investment.
hero member
Activity: 1498
Merit: 702
Today at 01:33:42 PM
#9
Do you have any financial gain from his investment? Let say he wants to invest in Bitcoin would you get any benefits? Well I am asking this question before I don't get why people try to convince others in any financial investments. This is a very dangerous act to do. If you aren't his manager or financial advisor/strategist then you have no business trying to convince him to invest in Bitcoin.

Many people love fast returns on investments, now convincing your friend to buy in on Bitcoin may back fire. First Bitcoin is high so before your friend sees any tangible return on investments he has to invest a good amount still not guaranteed. I think just tell them about Bitcoin and how to do their own research the be there for any of their return questions.
hero member
Activity: 1624
Merit: 791
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Today at 01:26:07 PM
#8
Since you have already made suggestions for him to invest but he insists that he doesn't want to, it's better to leave it alone.

Maybe they think trading is more profitable than investing, he also may already have skills in trading so he remains focused there and does not want to go to another.

Maybe other people will think to diversify, but his thoughts are different from us so don't be too pushy maybe he has his own judgment about trading and investing.
sr. member
Activity: 588
Merit: 267
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Today at 12:56:59 PM
#7
A crypto trader who does not believe in investing in Bitcoin? I find it hard to believe this story is authentic. Bitcoin investment is not for everyone anyway, if your friend thinks investing In bitcoin is not worth it, then you should let him be. After all, it is his money and he alone has the sole right to decide how he spends his own money.

I just hope that after seeing all the replies on this thread, you will understand that it is wrong for you to try to convince a person at all cost to invest in the kind of business you alone recommended. You have tried your best by recommending bitcoin to him, since he said NO, it is best you let him be or you will take the blame in the future if anything goes wrong with the investment you convinced him thoroughly to go for.
sr. member
Activity: 294
Merit: 433
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Today at 12:55:37 PM
#6
Why do you think so much of your friend? You don't need to worry anyways I'm sure your friend already knows the risks, the important thing is that you focus on the investment you are doing, not taking care of others.

Your friend in trading makes a lot of money, of course your friend will continue to trade because he already knows trading then it makes money... As for him not investing in bitcoin it's up to them you don't push too much because it's not your right.

legendary
Activity: 896
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Today at 12:33:11 PM
#5
Well I have a friend he trades crypto and he's actually making some money of it recently he made alot of money of trading and was thinking of how to invest it I have been trying to convince him to buy some Bitcoins but he doesn't want to listen
So please I need your help how can I convince him
Before he spends the money on something stupid

You don't force people to do what you think is right. Adults are allowed to make their own decisions because they can think about the advantages and disadvantages of such an idea. Be ready to take the blame if there is any challenge with such an investment if you force it on him. You should also note that there is no certainty that people who invest in Bitcoin will make money. My advice is for you to expose your friend to Bitcoin and encourage him to do his research. If he finds the investment worthy, you can guide him and, if possible, introduce him to the forum to gain more knowledge.
hero member
Activity: 3024
Merit: 745
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Today at 12:27:39 PM
#4
Well I have a friend he trades crypto and he's actually making some money of it recently he made alot of money of trading and was thinking of how to invest it I have been trying to convince him to buy some Bitcoins but he doesn't want to listen
So please I need your help how can I convince him
There is no need to convince him. You said that he's making a lot of money from trading so basically, he knows the importance of having Bitcoin on his portfolio. You don't have to push him what to do because it seems that he knows what he's doing, you'll just look to him as an antagonist if you keep on suggesting him to buy bitcoin in a forceful way.

Before he spends the money on something stupid
Let him be, his money - his rules.
sr. member
Activity: 406
Merit: 268
Today at 12:12:57 PM
#3
OP I don't think there is need for you to worry too much about your friend and there is no pattern anybody can give you to use and convince him because is actually his decision to make and besides you have play your part as a friend by trying to make him see reasons why he need to stop trading and invest on Bitcoin instead, so if he doesn't want to invest on Bitcoin you just have to respect his decision because since he is use to trading it will be difficult for him to go into an investment that would take a very long term before talking about selling which is why most people on those area normally see Bitcoin investment differently.
full member
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Today at 11:26:37 AM
#2
Since you have try your best on him to invest his money on Bitcoin and hold for a long term investment and he didn't want to listen to you, I think you should live him because you have don your part as a someone that really want his friend to be come a better person in the future. However, I think is left for him to decide by himself because normally as long as Bitcoin investment is concerned forcing a friend to invest in Bitcoin without his willingness is highly not advisable because sometimes he might be thinking that you have plans to lavish his money while because he can't be able to have patience and hold for a long period of time.
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Today at 09:33:55 AM
#1
Well I have a friend he trades crypto and he's actually making some money of it recently he made alot of money of trading and was thinking of how to invest it I have been trying to convince him to buy some Bitcoins but he doesn't want to listen
So please I need your help how can I convince him
Before he spends the money on something stupid
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