Post
Topic
Board Economics
Re: Friends reactions to crypto currencies?
by
samuland5
on 28/09/2018, 09:41:38 UTC
My friends weren't very positive about cryptos until I started getting good returns from the market. I still remember how awestruck those guys were when I made returns up to 100x and they were happy with their 10x returns on Fixed Deposits and other government schemes.
It was only then that those guys decided to invest all of their monies here.
But unfortunately for them, it was the peak and they lost 90% of their investments.
The same with my buddies. They still do not share my excitement and love with Bitcoin and the cryptocurrencies. They try to persuade me to quit trading and investing in crypto. Maybe, later these guys will understand that they were wrong.
its hard for us to explain to our friend.maybe their desire and passion was not in cryptocurrency.so even we told them several times , they would not change their mind.
Different people have different thoughts about cryptocurrency. Some say that it is totally nonsense to give the control of your money to those people whom you do not know and if you lost your money not due to dip in the price; you will not be able to claim your money. Some people give positive response and in favor of crypto but the majority are against crypto.