Post
Topic
Board Bitcoin Discussion
Re: How do you deal with friends/family when they lose their investment?
by
Victorycoin
on 18/03/2018, 18:03:08 UTC
You never lose your investment until you cash out. Unless you betting on bullshit coins.
You're talking here to friends and family members, who are most likely not as seasoned or enlightened as you're on cryptocurrency  and don't forget, they are already taking the heat from a plunging market! How easily can one convince a seemingly drowning man?
 
I understand the risk involved in trading or investing in cryptocurrency is enormous and not a thing to be taken lightly, so I personally stay from encouraging people from committing their funds into it until they can appraise the inherent risks by themselves and be able to come up with some pertinent questions.