Post
Topic
Board Bitcoin Discussion
Re: I managed to invite 1 of my friends to invest in bitcoin
by
dark1234
on 26/01/2023, 22:06:58 UTC
If I were to give advice, I would advise him to make small altcoin investments to understand how the cryptocurrency industry works and only buy bitcoin once he understands how things work. I mean, I would feel guilty for any losses that might occur. but I have to say, I would never give investment advice to a novice. when you are both novices, it is not an investment, it is a gamble.
for beginners to invest is very risky, and we can find warnings like this in a market that exists at this time,
and advised him to invest in small altcoins to understand how the cryptocurrency industry works, I think it's the same even in small altcoins it is more risky.
actually what op did was good considering he is a beginner too it's just to be more careful it would be nice to invest small amounts first because investing in bitcoin and altcoins not only knows how to work and function but also the mentality of investors for further options