Post
Topic
Board Speculation
Re: Can I recommend a friend to buy Bitcoin now?
by
Fredomago
on 06/08/2022, 10:35:21 UTC
Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.
It turns out that the advice to buy bitcoin right now would be very strange, if at the same time it warns that it is very risky and you could lose your investment. Especially if you suggest it to the family, which implies spending some of the family's budget. Think about how you will be treated if things go wrong.

Yep! best not just to advise to dive in but to guide on how to understand the volatility and what are the risk that accompanied by this investment, I get your point since if you will recommend or advice bitcoin to someone who are close to you and the investment failed, the relationship might be affected.

It's always the right thing to educate someone first before letting them to enter any kind of investment. With knowledge, they will be able to work along in how the situation comes to them and adjust and decide on their own.