Quote from: juanda on Today at 05:38:20 PM

Quote from: Tomiwa_akin on May 08, 2021, 08:59:13 PM

having a conversation with a friend today , he was asking me if he should sell or hold a coin. i didnt give a straight answer, i just told him the project is a good one that can do well but if you are willing to wait then you can hold but if you need some money then you can sell off. he then replied that he will wait for an additional 25% increase before he would sell off. i think i tried my best to let him make his final decision himself. is there any better way to do this? if it were you, how would you respond to this. ??

I will also give the same answer as you because the final decision lies with him and all risks will be accepted by him. Will he get the profit he wants or will he suffer a loss? we as friends only provide the best and realistic advice. but the final decision rests with him.

You can give advice and still be clear that you do not know what happens it would be better to tell them the truth and investing in any altcoin is a risk and the risk is less with Bitcoin but you have to make it clear that it is their decision if they decide to invest or not and you do not want to affect them by saying they will profit.