Post
Topic
Board Speculation
Re: Can I recommend a friend to buy Bitcoin now?
by
Fesatmas
on 16/12/2022, 14:17:50 UTC
Indeed, giving financial advice to someone is really not easy and shouldn't even be because we are not them, we don't know what they're thinking and what they want, are they willing to take the risk or not...a lot to talk about. I will do the same as you two, give them knowledge and let them decide for themselves whether to invest. Investing in bitcoin is very risky, even if we are not sure we can make a profit, we cannot give arbitrary advice.
It's like that, if I recommend too much to others, I feel I have interfered in their financial affairs. And when it's like that, surely we will be blamed in the future if unwanted things happen.
As I said before, once they fully understand the bitcoin space it will be on their own to get into it. Bitcoin is not forced, but they are free to make their own decisions. Likewise with me, at first I wasn't even recommended at all, but they introduced me to this, and now I am voluntarily in this space.