Post
Topic
Board Speculation
Re: Can I recommend a friend to buy Bitcoin now?
by
carlfebz2
on 09/09/2022, 21:15:01 UTC
I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.
Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.
The present time can be termed as the best time to invest in Bitcoin. At this time, it is very important to inform those who are close by. Although there may be confusion about whether they will be able to understand about it. If they are able to understand its various aspects then surely they will not want to miss this bearish opportunity.
All matters with experience and knowledge because you wouldnt able to determine on when to get in if you arent aware on how this market works on the first place and just like on what others been saying on here is that you could really make out some recommendation on buying bitcoin or crypto but as long you dont make out some guarantees that your friend would believe on then it should be fine.Most of the time where people do really easily believed about money making which your interest would be on the rooftop on the time you've been hearing about money making but honestly it isnt really simple as it sounds.
Recommendation does really involved with some basic explanation about on what it is but dont ever forget about the risk involved with it.