Quote from: Jungian on December 07, 2015, 11:24:28 AM

Quote from: Lloydimiller4 on December 07, 2015, 11:13:43 AM

I've been slowly buying more since I think this is the final time we will ever get to see .00105-.0015 ever again.
I've also convinced some more friends to each put in $1k in. I help them get cold wallets to store it in too, I hope they appreciate the effort in 2-3 years when they have several hundred Gs

Can't wait for that v0.9 to come, I've been itching for that release for about 7 months now right? It will be worth it to see the reaction of all the XMR Fudsters and non-believers. Wink

Sounds like a really horrible idea. They will blame you if they lose the money.

I think it really depends. If you clearly explain that it's highly volatile and a speculative bet, but with immense potential to the upside while 'only' 100% downside, it's fine I guess. Just don't have them bet the farm, but an amount which they won't miss, but are happy when doubled. If someone has hardly any savings, don't. If they have a healthy portfolio or a decent chunk of savings, plus they don't plan on retiring soon, for the love of god let them get a fraction of that in xmr. I think that is actually a crime if you NOT recommend doing so (be it a very tiny percentage). It is their choice in the end. It's all about presenting the full picture (up AND downside, opportunities AND risks), and not hypesell them into pooring shitloads into it.

I've done this, and yes, i get shit sometimes since we're down, more of a joke/making fun really. But I don't feel like I've mislead them or anything (and so don't they). I've clearly laid out how i see things, and not one of them did an amount which I consider too crazy looking at their financial situation. I'm still fairly confident they'll be happy with the advice in the long run. And if not, part of the game. I think the opportunity was good (and could arguably be even better now) so you take a shot. Whatever the result, the opportunity was there. Hindsight 20/20 right?