Post
Topic
Board Economics
Merits 1 from 1 user
Re: People around us and investing.
by
eightdots
on 10/03/2025, 19:42:48 UTC
⭐ Merited by EFS (1)
How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?
It’s there choice and they have control over it, I can only go my best by educating them on the benefits of investing in bitcoin but I can’t force them to make that move its entirely depends on them it’s something which even if I found out they invested there money on something else I won’t react as long as what they choose becomes a success it’s not a thing of force.
Agree, you can't force anyone to invest, because he will invest with his own money, not your or mine money. That's why the investment decision should be left to him alone, because this money is his and the risk is his, if he has the ability to take this risk, then he will invest. otherwise if you force him to invest with false assurances, and if after that Bitcoin is dumped, and if he panics and sells his holdings at a loss, will you give him back this loss? No, that's why let him make his investment decision alone. You just tell him about the possibilities and risks of Bitcoin investment. And all subsequent decisions are his own.

The person making the investment can choose whatever they want and make their investment. It is not right to force someone to invest or to insist because investment also involves risks and there is no guarantee of profit. If we want to help someone with investment, we should show them things they can learn and leave the investment decision to the person.

What needs to be done is to explain the risks and provide general information about the market. If the person making the investment is curious, they will do their own research.