Post
Topic
Board Bitcoin Discussion
Re: Referrals and why you should be careful with it (2).
by
Fiatless
on 04/08/2024, 05:56:25 UTC
I know we always have to advise people to do their own research for any referral given to them, but still, you do not want to give someone a referral on some altcoin just for them to do their own research and find out that they just dodged a bullet.
We are in the days when people are so impatient and ignorant. If you tell them about the Bitcoin cycle, they will simply tell you that they want to invest in a coin that will give them quick profit. Investing in altcoins needs a whole lot of research and the ability to take risks. I can give someone a lesson about investing in both Bitcoin and altcoins; it is now the responsibility of such an individual to make his choice.

Quote
Do not just refer to any cryptocurrency; refer to bitcoin when introducing a newbie to cryptocurrency.
I will always refer people to Bitcoin since it, as shown over the years, is reliable and profitable. It has been attacked by many forces, yet it remains strong. I also have the confidence that it will last for many years ahead. With this in mind, I can comfortably recommend Bitcoin to investors. I don't have much knowledge about altcoins so I won't recommend anyone. Meanwhile, investing in Bitcoin is easy, and newbies can easily learn about it within a short period.