Quote from: Welsh on January 08, 2021, 09:49:18 PM

Quote from: Theb on January 08, 2021, 09:11:47 PM

~snip

At the end of the day, they should still accept the responsibility that they are ultimately taking it into their own hands the moment they decide to trust your recommendation. You'll see a lot of users here recommend Coinbase, but it doesn't mean there hasn't been issues for certain users over the years. Doesn't mean the exchange is bad. Personally, I would tell them that there's two ways of trading, via an centralized exchange where you deal with a company, and you should do your research on the best for you. Alternatively, there's P2P exchanges which I'd explain the risks of that, but the potential of getting better deals. (not necessarily though)

I think its good to distinction between the difference of the two, and possibly the pros, and cons, but still encouraging them to do their own research on which type of exchange is best for them, and finally what exchange they choose (coinbase, localbitcoins etc).

Yeah my idea is we are all adults (at least me and my friends are) and they know that they need to be independent when it comes to making their own decisions but really I myself personally cannot feel guilty just by thinking a chance that I have made my friends lose money because I somehow influence their decision. When it comes to exchanges or what kind of wallets they would store their Bitcoin in I can answer all of that kind of questions but when you ask for me for an investment advice this is something that I am afraid to answer because I don't want to take any kind of blame. That's why I always say DYOR to them because even my views can somehow be biased or inaccurate that they will also be affected because of it.