Post
Topic
Board Bitcoin Discussion
Re: What do you intend to tell loved ones about the bear market?
by
Nrcewker
on 27/12/2022, 10:42:07 UTC

They’ll be lots of questions to be asked by our family members who invested into cryptocurrency last year, how do we get ready for them?

First of all make your family members understand that Bitcoins aren’t sure money. In fact if you invest anywhere, let it be gold or property or forex, the chances of losses are present everywhere. Yeah we can minimise the risks involved, but whenever we invest there are hope for losses and profits. Similarly tell them to wait for longer period of time as Bitcoins are particularly for long term investments. Moreover also show them the marketcap of Bitcoins and the past growth graphs.