Quote from: anti-dot on August 23, 2021, 08:54:03 PM

Quote from: coin-investor on August 21, 2021, 03:02:54 PM

Quote from: Robinson66 on July 26, 2021, 06:26:30 AM

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

When it comes to investing advice it's always on individual preferences or decision as long as they know the risk and they know the market condition if your friend wants to buy because they believe that it's a good time to buy and he is investing what he can afford to lose, then let him proceed, in my experience, I always tell my friend to read a lot and fill themselves with the relevant informant that will help them to buy and sell at the right time.

The issue is that whether you want it or not you will feel good for him when the coin goes up, but the opposite is also true and you feel bad for him and somehow guilty when the coin goes significantly down. I have always refrained from giving a clear recommendation to buy and I did well with it. You can still phrase a recommendation in a way such that you don't really tell him to buy, but wouldn't tell him not to buy might be a better way to put it.
Usually, good friendships are above a recommendation even if it goes wrong because both parties knew that it could happen, but some will be mad at you certainly.

You wont really be having that guilty feeling even if he's your friend as long you do give the warning and hints about the risk of cryptocurrency. It wouldnt be always going on the top and of course you could really

recommend bitcoin to a friend as long you do explain to them about the risk and the earning opportunities and the rest would really be on his own when he do start to step foot into this market.

You shouldnt really make out some assurances because that will totally affect your relationship to your friend once the price had plummeted or opposes on what he do anticipate.