Post
Topic
Board Speculation
Re: I have a relatives who ask advise to invest, what should I do?
by
mamesso
on 30/03/2021, 10:20:27 UTC
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?
You have to convince him that investing in cryptocurrency are not as easy as he imagined. Yeah, everyone wants a big income, but if not based on experience, it is very difficult to do.
Try to make him understand how the crypto market moves, because here it is not only the profit that can be obtained, the risk of loss is also very large. All I fear is when he loses everything, you're the first to blamed.