I think that’s great that people are getting more and more aware of cryptocurrencies. It’s about time I would say. And it’s great that you could help some people do that for themselves. I think that in the future when they earn huge profits, they will remember how you were the one who helped them start this journey.
It's definitely great but at the same time, it's actually a good thing that more people gets in because when that happens, the prices go up and with more people using bitcoin, it will eventually become a norm for many countries to use crypto for daily transactions, and more people will be financially stable. 
Topic: Today I helped 2 non-crypto people invest in bitcoin - page 2. (Read 771 times)
I think that’s great that people are getting more and more aware of cryptocurrencies. It’s about time I would say. And it’s great that you could help some people do that for themselves. I think that in the future when they earn huge profits, they will remember how you were the one who helped them start this journey.
Today I felt really happy. I helped two of my relatives who heard about bitcoin from a news channel and came to me to help them invest in bitcoin. One of them is my uncle (my mother's brother) who has a business. But, on the side, he invested in several stock markets, but recently, he heard a lot about bitcoin from news channels, all of which were negative.But he asked me about that because he knew I was working on it.
Then I told him about its potential and showed him my portfolio. Then he becomes so excited about investing in it. Not only that, his friend also came, and they invested a total of $45000. But according to our country, it's almost 0.36+ million of our currency. Then my uncle says, "Only Bitcoin is not an option because its price is too high. Are there other coins that we can invest in? Then I chose some of them and their potential.
Then they chose some coins. Because their money and there is choice also matter. Otherwise, i only suggest buying a whole bitcoin. Here is their investment :
My uncle's investment : $25000 (Total)
Bitcoin: $10000. Buy average ($47250 price)
Ethereum: 1 Ethereum. Buy average ($3420 price)
Cardano: $3k. Buy average ($2.30 price)
Dot: $2k. Buy average ($34.6 price)
BNB: $3k. Buy average ($410 price)
UNI: $2k. Buy average ($24.20 price)
DYDX: $1330 Buy average ($15.7 price)
Almost $250 fees cut in trading
My uncle's friend's investment is quite the same. He just invests a small amount in cardano, uni, dot, and bnb.
I feel really happy today. I can't share my feelings exactly.
Today I felt really happy. I helped two of my relatives who heard about bitcoin from a news channel and came to me to help them invest in bitcoin.
Its an achievement to inspire other people to invest as well to bitcoin (or crypto in general) because thats we are fond to do. But did they take time understanding the nature of crypto and the risk associated with it before investing? We know there are times everything is not going according to plan thus its a must to be prepared for worse situation since sometimes its inevitable. The thing that we want to avoid is to be the one to blame for their losses, I experienced that before thats why im careful now on helping people that are interested to engage themselves in crypto.
Have you informed them about the volatility of the market? I think when the crypto market will have a bearish mode, they will blame you. 40% of the investment is in BTC. Surely they will experience the roller coaster.
That's a good thing. So you made them both invest a total of hundred grands? That's a very daring move. I hope you warned them about the market volatility. Show him the charts on how the market price can go up and down within few days or even minutes! And then zoom out the chart and show him how the price in the long run has always increased. This will motivate him to keep holding his coins. I hope you also taught him how to keep his wallets and coins secured. Good thing they made a diverse portfolio (expect BNB).
It is a very good thing that you shared and successfully made your uncle to invest into the crypto world, a step into the crypto finance space, where everyone can make good deal of profits within a limited space of time. It is also necessary that he should be aware of the risk behind it. The risks which is faced here is not like the normal day to day investment, in here you are the boss of your fund, therefore, no one will be held responsible for mismanagement. I will applaud you to let him know that patience is a key factor in this side of the financial industry. Actions taken here should be properly scrutinized and ready to accept all returns at any given point in time.
It sounds like a positive vibe, hopefully the people you are helping... will feel the joy of benefiting from crypto proceeds.
Indeed there is a special feeling to introducing crypto to some people, and till then they are interested in it, especially until they profited from the efforts described, especially in investing.
By the way besides that, don't let people who are not familiar with crypto even feel disadvantaged, we really have to explain from the basic, certain risks, so that they can facing it till get a profit.
Indeed there is a special feeling to introducing crypto to some people, and till then they are interested in it, especially until they profited from the efforts described, especially in investing.
By the way besides that, don't let people who are not familiar with crypto even feel disadvantaged, we really have to explain from the basic, certain risks, so that they can facing it till get a profit.
well that was very thoughtful and generous of you. you just made their life a little better, you gave them the knowledge to invest in crypto meaning that they can invest in their future and by doing that you just made 2 people have access to better future and that is some philanthropist work right there.
Making their lives better will always depend or vary on how that someone will particular doing well on this market and not on the hands of OP but at least he do make out some share up of some good opportunityon where those relative or known or close people to you would at least have some idea on what they've been doing on this market.This do really spreads out the interest and awareness of crypto.
We are slowly or gradually increasing in numbers and in near future on where people would really be that able to get on what opportunity that this market gives.
Today I felt really happy. I helped two of my relatives who heard about bitcoin from a news channel and came to me to help them invest in bitcoin. One of them is my uncle (my mother's brother) who has a business. But, on the side, he invested in several stock markets, but recently, he heard a lot about bitcoin from news channels, all of which were negative.But he asked me about that because he knew I was working on it.
Then I told him about its potential and showed him my portfolio. Then he becomes so excited about investing in it. Not only that, his friend also came, and they invested a total of $45000. But according to our country, it's almost 0.36+ million of our currency. Then my uncle says, "Only Bitcoin is not an option because its price is too high. Are there other coins that we can invest in? Then I chose some of them and their potential.
Then they chose some coins. Because their money and there is choice also matter. Otherwise, i only suggest buying a whole bitcoin. Here is their investment :
My uncle's investment : $25000 (Total)
Bitcoin: $10000. Buy average ($47250 price)
Ethereum: 1 Ethereum. Buy average ($3420 price)
Cardano: $3k. Buy average ($2.30 price)
Dot: $2k. Buy average ($34.6 price)
BNB: $3k. Buy average ($410 price)
UNI: $2k. Buy average ($24.20 price)
DYDX: $1330 Buy average ($15.7 price)
Almost $250 fees cut in trading
My uncle's friend's investment is quite the same. He just invests a small amount in cardano, uni, dot, and bnb.
I feel really happy today. I can't share my feelings exactly.
well that was very thoughtful and generous of you. you just made their life a little better, you gave them the knowledge to invest in crypto meaning that they can invest in their future and by doing that you just made 2 people have access to better future and that is some philanthropist work right there.
You can tell him the knowledge and investment skills of cryptocurrency. You can let your friends invest on their own after understanding the market conditions. It is best not to help others make decisions when investing.
a good thing to help others invest in crypto. It should also be emphasized to your uncle that investing in crypto is just like any other investment, that is, there are good sides as well as risks, so don't panic if the market is down. I think you don't forget that because it's a basic thing before investing in crypto. Just like other beginners, your uncle can get failure so you need to guide him so he doesn't panic too much about it. don't be too ambitious and rush to get big results at the beginning because it will make it easy to panic if the crypto market is down. understand market movements so that you can determine the right time to sell or buy crypto again.
Undoubtedly, this is an important and service-oriented task because we should help people who do not know about cryptocurrency but are interested in investing. Since you are a new man Cryptocurrency is a new contributor to cryptocurrency.
Cryptocurrency will undoubtedly play a very good role in introducing someone completely new to cryptocurrency. Because this will increase the number of new customers in the cryptocurrency. And that customer The number of new customers will increase later.
I remember when i tried to convince my friend and my parents to investing some money in bitcoin and in crypto they all laughed at me and said that i am just thrwoing my money into the wind and that i will never make anything of it, but a couple of years after they saw how i was able to get so good hard Chash and they were impressed and some of my friend kept asking me for advice on how to invest and where to invest and they are now caring the same thing to their friends, and by that i mean don't be afraid to give some advice even if they laugh at you first.
Undoubtedly, this is an important and service-oriented task because we should help people who do not know about cryptocurrency but are interested in investing. Since you are a new man Cryptocurrency is a new contributor to cryptocurrency.
This is such a great news . People are attracted towards cryptocurrency . I will say they did a great job to invest in crypto .0it will give them a huge profit . About three days ago one of my uncle invested some money in crypto I helped him। I bought some ETH for him. Now wait for new ATH of crypto . Hopefully they can make good earning from this investment . But tell your relative to have some patience as crypto is always about patience and hodl .
Today I felt really happy. I helped two of my relatives who heard about bitcoin from a news channel and came to me to help them invest in bitcoin. One of them is my uncle (my mother's brother) who has a business. But, on the side, he invested in several stock markets, but recently, he heard a lot about bitcoin from news channels, all of which were negative.But he asked me about that because he knew I was working on it.
Then I told him about its potential and showed him my portfolio. Then he becomes so excited about investing in it. Not only that, his friend also came, and they invested a total of $45000. But according to our country, it's almost 0.36+ million of our currency. Then my uncle says, "Only Bitcoin is not an option because its price is too high. Are there other coins that we can invest in? Then I chose some of them and their potential.
Then they chose some coins. Because their money and there is choice also matter. Otherwise, i only suggest buying a whole bitcoin. Here is their investment :
My uncle's investment : $25000 (Total)
My uncle's friend's investment is quite the same. He just invests a small amount in cardano, uni, dot, and bnb.
I feel really happy today. I can't share my feelings exactly.
One day you will learn, if all that you wrote is real, that it is a terrible idea to get involved in the finances of people around you - especially friends and family. Most people who have been walking this earth a while have learned and been burned from either receiving these sort of recommendations or taking them. Unless this money is a very small percentage of their personal wealth that they are willing to write off forever, then it is a terrible idea to make such recommendations. People should really learn for themselves about buying into cryptocurrency, especially since you've directed them to such a wide basket. When things start to go sour, you will end up ruining relationships built up over a lifetime and people can turn out to be very shallow when it comes to their money.
More number of non-crypto people are getting into cryptocurrency usage. This trend has begun after the pandemic. Myself too had an experience. One of my school friend who is not into my contact for a long gave a call and discussed about buying cryptocurrency. Myself gave suggestions, and further he have invested on few of the low priced altcoins of his own. I gave details about few of the cryptocurrency exchanges that are providing legitimate service in my country.
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If your uncle and uncle's friend are strong enough and have a habit of patience in their difficult moments then maybe your help today will come in handy and they will feel benefited by making decisions like your advice. But to be honest I don't think it was a good decision to bring them directly into the investment before observing the whole thing. Could have been benefited and helpful. And any time this market can take any shape, it doesn't have to be the other way around, so if they know the basics, they won't have any way to blame you at that moment, also there have a matter of losing funds, so if they know what are they doing and how to handle it properly, they will know when is the right time to jump in for it.
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