Post
Topic
Board Bitcoin Discussion
Re: Advise to a friend
by
MoonOfLife
on 20/04/2023, 15:15:09 UTC
There isn't a foolproof answer to this question... Personally, i have never tried to convince anybody to invest in anything. Not my parents, not my brother, not my friends...

If it goes wrong, they will always feel like you were responsible for their loss, and that's a burden i don't want... But that's just my personal opinion.

I've read through all the replies and although there were different responses, I think I have gotten the best answer to my question because most members gave similar answers.
I was not trying to convince my friend, I just educated him a bit on the difference between Bitcoin and altcoins. I don't convince people to invest in anything at all, not even Bitcoin. 
From the replies, I think I would just help him understand Bitcoin better and leave the rest for him. If he wants to buy then fine, if he doesn't, still fine.

Good for you and your friend, you made the right decision. Let your friend decide for himself because it's his money, so it's better for him to know what to do with his money. And you will not bear any responsibility if his investment unfortunately loses. Try to give him all the knowledge about bitcoin.