Quote from: libert19 on Today at 01:15:40 PM

Quote from: Queentoshi on January 13, 2025, 07:55:04 PM

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?

In first place, I would not try to convince anybody in matters related to money, since it would backfire if investment fails and they'll hold me responsible for their loss.

But, if they ask me for recommendation, I would respond with the knowledge I have, thereon it's upto them whether to follow it or not. Also, I would be upfront about the fact that market is unpredictable and no one can guarantee anything, no matter how experienced one may be.

Regarding how would I feel, I don't and would not really care whether they follow my advise or not.

This is on what i dont really like when it comes on making up some recommendation on other people will really be that talking about investment because they will really be that blaming you at the moment that you will really be able to see some loses on your investment on which the primary thing that comes up into your mind is to blame up on someone on whats the hell happening with your coins, why is it dropping?
There are tons of relationships that ends up on ruins or being having that kind of forgetting just because they've been that not expecting that you would be losing money due to some recommendations. Its really that understandable since we dont like losing money but it do really sucks when you do have this kind of blaming others just because you've been losing money.

Invest on what you can afford to lose and never tend to point out your fingers on blaming someone just because you've been losing money and this is why its really that not good on having these kind of behavior.
Always invest on what you can afford to lose and this will really be the key because at the moment that you've been that trying out to make money then expect that you can potentially lose too and this is where you should be making yourself that thinking up well about these things.