I would never try to convince anybody... I'm a big crypto enthusiast, but i still consider crypto a high risk investment... I wouldn't want to be responsible if they'd lose their funds.
On the other hand, if they'd made up their own mind and just asked me for assistance, i would gladly help them out
exactly, convincing someone to invest on Crypto is the big mistake I will never make or do. Some people that convinced cryptocurrency (bitcoin) to their friends, wife, children, mother, husband etc does not really understand the risk involve in it they too are time unaware of the whole process, that is how cryptocurrency work, they only know that cryptocurrency investment is good and profitable. Yes it is profitable but when you lost, ehn! You might lost everything you have laboured for years. So always use risk management mindset to deal with bitcoin before introduce it to someone. And also, always know whom you are convincing, if you convinced someone that is not polite, and his funds got lost. Op at that time you would understand why it is not not good to convince someone to deal with crypto. On the other hand, if they'd made up their own mind and just asked me for assistance, i would gladly help them out
I wouldn't do that either, I would never advise or convince anyone to invest in bitcoin, which does more harm than good to both. It's best if someone wants to invest, they should decide for themselves and be responsible for their own money if lost. Bitcoin is very volatile, I am not proud to be a long-time market participant, but many times when bitcoin is dumped, I also panic a bit, let alone how scared the newbies will be. Investing in bitcoin is not possible through the advice of others, we need to find out everything by ourselves. We should only invest in something when we understand it well.