Quote from: Biggeno on Today at 05:44:26 PM

Quote from: shawonngp on Today at 04:56:36 PM

Right, I have bad experienced for recommend to invest in Bitcoin, okay let share it, I told some of my friends to invest in cryptocurrency they put big amount in altcoins & Bitcoin, When they suffered losses then they blamed me it's a scam because they faced losses. So if now someone asked to invest in Bitcoin then i suggested to them DYOR.

What if first, they did not in understand fully how the system works or they did not go through the market analysis properly, all these could be factors

Obvious his friends aren't knowledgeable enough for crypto investment or his friends are just expecting for an instant and easy profit from this industry. However, this is the downside of sharing something to people who are not interested into it in the first place; it would really seem that you just dragged them towards this industry. You could have not told them how to handle things. Always the misconception; since we saw many people who earned huge amount of money from crypto investments, some gamblers especially the new ones are also expecting for the same outcome on their end without considering how touch he gone into.We could now be on the bullrun again likewise with 2016-17 period, which means investing at this point would be a good idea but should be better not to talk about it at all. Accumulating now could give you a high chance to earn bigger profit once its market value starts to be in such 'run'.

Many investors as well are waiting for a hug movement on its market price 'coz there is still a chance for correction to suddenly take place and with that, you should have your own 'gameplan' before things start to roll.If you are into long term waiting then creating an entry now could aid your worries.