Quote from: Kara3 on April 28, 2023, 03:42:58 PM

Trading of bitcoin has been one of my source of income for quite some time now but find it difficult to tell some other persons to engage in trading because of the risk involved.

Last week a friend of mine saw me trading so he tried to know more about it, at first I never wanted to tell him due to the risk involved, but then based of his persistence I first of all explained to him the difference between spot trade and futures, but I told him I do only spot, how I buy low and sell high, even as I was explaining it to him I was feeling uncomfortable because of the risk.

I don't want a situation whereby someone will say that I scammed him if there is a sudden dip in the crypto industry, so I just told him to open a binance account and verify it, after then, he should get back to me so I can send him the hard copy of the crypto course I bought.
Uptil now I still feel uncomfortable about it, I don't know if am wrong or right for opening up, even though I told him of the risk involved.

For the fact that you were able to share your alternative source of income with your friend, and told him the risk involved and yet he insisted that he should be shown how it works and you went further teaching him, if the price of Bitcoin happens to fall someday and he tends to lose a fraction of his deposit, I see no reason why you should be worried, but only if you never told about how Bitcoin works as a fluctuating digital currency whose value always rise and fall. Because what I think you should be worried about now is for him not trying a "Future trade" where he absolutely knows nothing about and end up losing all his funds. Because of what benefit will it be that you are a rich good trader and yet all your friends are poor, which is why in this life we should always strive to lift others by showing opportunities of making money after we may have found one.