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.
Good explanation gives a good edge to someone who are willing to take their chances, though everything must be depends with how the person reacts in any advice that you are giving, if the person is keen into success he will find ways to explore deeper, recommendation for further assistance and explanations will allow your friends to grow more.
It's all about your own trust with your knowledge and how will you deliver it to be adopted by another person who you really wanted to experience the good things that you've got from this industry.
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。
You can advice your friend to buy Bitcoin and have keep for long term investment because this is the best opportunity and time to buy Bitcoin and keep and when it rise you make your gain. If you want it to faill to the list before you buy, it seems that you want to lose your opportunity in bitcoin investment. Tell your friend to buy and hold till the ending of this year
It easy to say but without explanation on why you needed to hold it for long-term will kick your friend ass each time he experienced more fall than expected, to the point that he might fear the market and instead of holding he will sell it out with huge losses from his initial investment, before recommending something i's better to make your friend realize both possible risk and gains from this industry.