Post
Topic
Board Bitcoin Discussion
Re: Is it proper for one to trade Bitcoin through a trusted friend ?
by
TheUltraElite
on 27/08/2024, 12:18:46 UTC
But the problem is that as OP shared, he has no intention of becoming a bitcoin trader in the near future . What he wants is to be able to make money from the market without spending time on it and relying on friends is the solution he is thinking of.
There are people who give their money to a fund manager the latter manages everything for them. This mindset seems wrong to me and hence I trade on my own. However certain people like it and they run it like that too, I am not aware of their profits but I would never advice someone to do that.

In case of the OP, this sounds very much like this group of people. My personal advice is always to learn about bitcoin and trade it on their own. If they are not doing that then they will lose money. I see the point of "not your keys not your coins" has been brought up. Indeed, these stubborn practices of handing over the onus of your own money on someone else's shoulders need to stop.