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Re: Do any of you feel guilty?
by
arakosta
on 21/01/2019, 04:24:36 UTC
I never did give investment advice to anyone, but I did introduce some of my friends and relatives to cryptocurrencies.
Even though I know it isn't my fault, I still feel a little guilty about one particular case, and that's when I told my uncle about Bitcoin.
Now, to give you a little background to him, my uncle has always had a gambling and poor investment problems. Even though he has 4 children, he still gambles away 20-25% of his monthly income in the hopes of someday becoming rich (SPOILER: He didn't) . He was always the guy that got excited for the World Cup, CL or any other sport event just so that he can have something to bet on.. you get the picture.
One day, he was visiting me and saw my screen full of charts/prices (I was daytrading back then) and asked me what is that about. We talked a little, I told him I am trading , gave him some Crypto 101 and then his eyes got big and told me he wants in, he wants to buy and trade crypto.
Of course I didn't cave in and told him it's not like gambling, you have to do your research and it's very easy to lose your money.
The next couple of days he kept bugging me, telling me he read a lot about crypto and he won't trade it, he just wants to buy some coins and hold them and he just needs my help to set him a wallet and help him buy some.
You guys already now where this is going.. my uncle lost thousands last year, even selling his car to cover some of the loans he took. His wife and children are with their grandma and they are getting divorced this year.
I feel like he would've lost his money in any other way because of his addictive personality, but I still think feel guilty about it.