Quote from: rodskee on August 03, 2024, 12:57:08 PM

Quote from: uswa56 on June 16, 2024, 03:19:27 PM

Quote from: rodskee on June 16, 2024, 11:15:29 AM

you have just bring yourself into a negative approach here because imagine you directly told him to invest or
use bitcoin when the best thing to deal here is tell him to study and understand bitcoin and let him decide what
to do next , the money sitting in the bank is like funds that going nowhere but for bank owners favor.

your friends is good and smart enough to understand bitcoin specially if you will tell him your success here ,
but that will be the start of the journey.

Suggesting other people to continue investing without understanding Bitcoin of course this will be very risky and it is true that what you say will get us into trouble because maybe when they try it and fail on the first try of course they will blame the person who of course suggested investing. This will create a bad relationship with your friend. If you want to advise other people, I think you should explain in detail about investing, both about the good achievements and the losses you experienced while investing, so that when they decide to try it, they definitely do it with caution.

exactly my point because that is hard to realized when you are being blamed mate because i have experienced
this from the past and believe me this is no good at all because why need to push people to invest when we have
our own investments to face?
its enough to tell them what is bitcoin and give them this forum and other links for them to learn but never give
them a direct advise to use the money for bitcoin because people have their own way to use their money not unless
they are asking us a great advise and they will show interest .

One of the things that i do hate the most is on that being getting blamed into their investments and this is why i do never ever tend to consider on making up some considerations or advises in regarding investment.
I do have that bitter sweet experience when it comes to this thing on which on the time that their portfolio or investment had come down then you would really be ending up on getting blamed.
On the moment if one of my friends would really be asking about cryptocurrency then i do really direct them into this forum and would be telling that they should have some time on reading up at least.
Making some brief and conscise explaination on what Bitcoin is and regarding about its utility and of course money making opportunities and the rest would really be that up to them.

Dont try to make up some suggestions about investing. Always give out those kind of warnings and cautions about the possible loss of money with crypto investment so that they would really be wary.
We do know that newbies would really be that too impulsive when it comes to money making opportunities. It would really be that something that they cant stop or control themselves
when it comes to investing into cryptocurrency due to lack of knowledge then they are prone to tons of mistakes.