Quote from: actmyname on January 11, 2021, 10:33:34 AM

I don't force you to eat ham sandwiches every day

Wait is my sandwich based portfolio missing out on something?? Agreed on the rest, Bitcoin needs not be shilled.

Quote from: plvbob0070 on January 11, 2021, 12:07:08 PM

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

On my side of things I want to teach my friends everything that I know in the crypto industry especially on Bitcoin but when it comes to the question with regards to buying or selling I ultimately avoid answering it and explain to them that this kind of decisions are supposed to be made by you.

That's a good way to approach it. I did specify the need to be wary about exchanges, past reputations, verifications, as well as custody of coins. What was nice was having irl conversations on the what might it do? (pullbacks and run-ups large and small, as well as talking some of the long term projections)

Quote from: Smartvirus on January 11, 2021, 11:19:02 AM

Where I become confused is advising or allowing them to buy at the ATH because, eventually a retrace dose happen on the price, it would go a long way in demoralizing them temporary for those that would be able to hold their coin until the next bullrun occurs while those that couldn't would just abandon crypto. Though, putting the choice in their hands is as well, taking the blame words off there mouths but, would it be wise to just let them get on board at that hour knowing that, it's a risky time to get on board and only a few dares to buy then and still bare what comes with it should it be a negative one.

It could be a negative experience that's for sure. That's why it's about guidance and letting everyone make their decisions. On the flip side how shitty would it feel to dissuade someone from buying at say 12K or the last bottom. These people I assisted this time around are in certain points of their life that while not fully appreciating what Bitcoin and Blockchain in general are capable of understand the potential.

Neither are looking for a quick trade. One I believe plans to leave it to his daughter, the other is growing an empire whose size remains to be seen. This is an offshoot for him to diversify and learn BTC, and I plan to try and get him to accept crypto payments in the future through his company.