Your closest mate who have a good so called career, working 9 to 5 and very happy with everything. He never had interest with crypto even watching you addicted with bitcoin.
How would you react
When suddenly he calls you and ask how to buy dogecoin?
When you ask the reason of why dogecoin? He reply, "Elon mask bought Twitter and he can use dogegoin" 😂
Observing @ $20,550
I have had similar experiences.
This is my way of understanding and handling it:
- These guys just wanna make easy money. They don't care about anything else.
- If they are good friends, I tell them about the risks involved (usually they don't have a clue)
- I explain why I like BTC and why I don't want anything else (often, that's the only time they are interested enough to listen).
- I let them do their thing. They'll do it anyways.. If they wanna play the casino, let them.
I experienced the following:
In the end, almost all of them fucked it up with shitcoins, and they recognize that BTC would have been the smarter choice for them..
However, when they are in fomo you cannot talk them out of it. Actually I'm 90% sure they just call you to have someone to blame,
if when their play goes wrong. Make sure not to endorse
anything. Just talk about what you did and why..
sidenote:
if this doggy pump had fundamentals, I think BTC would pump as well. Mr Mask is also invested in
BTC and lightening would be suited better for Twitter than doggydidogg.
So at this point it's just the typical shitcoin-hype news event.
I could tell him so many things if I wanted but I considered to speak less. Obviously he knows that I am in bitcoin for over a decade. I eat bitcoin, sleep bitcoin and poo bitcoin LOL.
I only told him, look I am glad that you decided to get your hand dirty (in a positive way) with crypto. You want to buy doge, go ahead. When you get time study the fundamental of bitcoin. Consider it as a currency when you are studying.
He is a highly educated person. I am sure he will find his own way.