Today I felt really happy. I helped two of my relatives who heard about bitcoin from a news channel and came to me to help them invest in bitcoin. One of them is my uncle (my mother's brother) who has a business. But, on the side, he invested in several stock markets, but recently, he heard a lot about bitcoin from news channels, all of which were negative.But he asked me about that because he knew I was working on it.
Then I told him about its potential and showed him my portfolio. Then he becomes so excited about investing in it. Not only that, his friend also came, and they invested a total of $45000. But according to our country, it's almost 0.36+ million of our currency. Then my uncle says, "Only Bitcoin is not an option because its price is too high. Are there other coins that we can invest in? Then I chose some of them and their potential.
Then they chose some coins. Because their money and there is choice also matter. Otherwise, i only suggest buying a whole bitcoin. Here is their investment :
My uncle's investment : $25000 (Total)
My uncle's friend's investment is quite the same. He just invests a small amount in cardano, uni, dot, and bnb.
I feel really happy today. I can't share my feelings exactly.
One day you will learn, if all that you wrote is real, that it is a terrible idea to get involved in the finances of people around you - especially friends and family. Most people who have been walking this earth a while have learned and been burned from either receiving these sort of recommendations or taking them. Unless this money is a very small percentage of their personal wealth that they are willing to write off forever, then it is a terrible idea to make such recommendations. People should really learn for themselves about buying into cryptocurrency, especially since you've directed them to such a wide basket. When things start to go sour, you will end up ruining relationships built up over a lifetime and people can turn out to be very shallow when it comes to their money.