I just want to share my experience, I have a relative who come to me and ask advise on what coins to invest now, I don't name a coin and I said he must do his research but he insist that I know, he want to invest immediately.
I know he is into FOMO because he seems so aggressive and like to get instant return.
He told me that since I'm a veteran, he would like to ask some advise on what coins will pump in the coming days so he can invest on it.
I knew he is so positive, and I can feel him since I also got FOMO'd before.
What do you think should I do guys? how can I help him?
Investing in cypto is really good but you need o select the best coin to invest. Because not all of the coin inside the crypto market will give you an instant return. Sometimes you need to wait for a very long time to earn a very big amount of profit, so you need to research everything and make your own decision depending on your own understanding and sight on that coin that you wanted to invest in.
But people does have those kind of different views because usually they do believe that making money is just easy without even truly experiencing on how fierce or hard
to become profitable into this market.When your relatives are asking out then just dont give them guarantees or hope that they can make money.Always tell
them about the risk and give out warnings so that they would be aware and wont really go to the verge on getting wrecked just because they had carelessly
make out investment without even thinking on when they should really get in.