I'm someone who loves to share. When I discovered blockchain technology a while ago, I wanted to tell everyone. I didn't stop with my friends and family. I told colleagues at work, my doctor, and just about anyone who would listen. Some who got in early made money and were very happy. But others waited until after seeing the massive bull run to invest, and bought at the top. Now I keep my mouth shut because I can't control how people invest. Even though blockchain will change the world, there are still good and bad investments. How about you? Do you encourage others to invest in crypto?
Those newbies does need understanding so for a start, the one that needs to explain is the risks and that is a must. There are persons who doesn't want to engage in a crypto earning methods to earn that's why instead they want to invest.
Well we can't stop them if they are really eager but like I said, since they are new to these things, they need to understand how volatile crypto is and what are the risks associated once they invested. Im asking also some questions like,
"why they choose to invest" "did they just saw others getting decent profit out from crypto trading that's why they want to do the same" "are they willing to accept that they might lose the moment they wake up" etc.As much as possible, I want them to earned cryptos by means of doing such crypto related works then used their profit there to buy a crypto but people have different views and mindset that's why in here, just give them some insights of what will happened on the path they choose.
Not only understanding mate, but more so initiative. I have tried it before, acting out of good will teaching people close to me about the cryptocurrency market including its risk, but most importantly, the good things it can bring them; however, most of the time, I only get rejected, or even if they listen for a while, it would end up coming out to the other ear. Then, I learned that I would only speak when someone would ask, if they are really eager to learn and be in the market, then I would gladly help. Whether it is a friend or family, it's always hard to force something to do what they don't want to.