Quote from: xSkylarx on March 01, 2022, 12:48:47 PM

Quote from: Sarah Azhari on March 01, 2022, 12:31:59 PM

Quote from: Jackl87 on March 01, 2022, 10:05:00 AM

If a friend, that has no idea of cryptos whatsoever yet but wants to make his early investment in the cryptospace, is asking you what he should do now or what coin he should buy then i think it is always important to check first, what he is hoping to achieve with his investments. Does he want to invest money because he does not get any interest on the bank but he wants to make a relatively save investment? Then i woudl go for the big and already established coins like Ethereum, Solana, Cosmos, Polkadot or even Bitcoin there the risk of a total loss of your investment is very small in my opinion. If he wants to go for possible very high returns, then you should make him clear that it is very much possible that he will lose his investment and then you can pick one of the newer but promising projects.

yes I told him crypto has the risk which can be losing money. he was invest the money in bank called deposito (staking) but he get in low profit each month then he remembered me 3 years ago was invest crypto with high return because of that he ask me.

Because staking is a passive source of income, he should be not complaining that the rate is too low, given that he is making a profit. Investing in cryptocurrency is not easy because you will get scammed.

Staking in bank is save than when he invest in crypto but, in crypto he can make over 100% return when invest in correct token

Quote from: CryptoATM on March 01, 2022, 02:14:58 PM

3. Learning how to trade is another thing entirely, will take time to understand.
4. Erase any haste in your mind.

3. that is a problem too, he don't understand trading and market work
4. he can't erase it when hear everyday people got profit in crypto