Post
Topic
Board Bitcoin Discussion
Re: Is it proper for one to trade Bitcoin through a trusted friend ?
by
uswa56
on 12/07/2024, 14:45:24 UTC
Of course, his friend will ask for a percentage share if his trading is successful in making a profit, in other words the service (jockey) of someone playing it. Yes, paying attention to when he trades is much better, at least if we see directly how skilled or not he is at analyzing the market. It would be nice, apart from seeing him directly, we could also study before our eyes and gain knowledge from him before we entrust it to his friend. From there we gain a little knowledge and we continue to learn from various sources and combine what we have gained so far and then we try it. This method is much better than we entrusted to our friends.
I agree I think fully entrusting everything to a friend is the mistake here but if you really want to do it then the least you can do is at least try to learn. Maybe get your friend as a guide and use his expertise so you can learn and eventually do it all in your own without the help of anyone.
You are right, of course this is the wrong choice if we completely entrust the investment to other people without understanding this well and I also agree with you that it would be better for us to study well first so that we can really understand it well before choosing. to entrust the funds we have to someone, it would be very good if in the process of learning about investment there was a friend who accompanied us so that he could direct us to do the right thing with the funds we have, because without anyone guiding us in learning Of course this will be difficult to understand and we also have to be very careful with the funds we will invest, don't let us use all the funds we have and leave nothing for the emergency funds we need, of course this will not be able to achieve our investment targets.