Post
Topic
Board Economics
Re: People around us and investing.
by
Ricardo11
on 17/03/2025, 15:45:07 UTC
I used to force people to buy bitcoins just like you said, I realized over time that this was unnecessary and that they were the only ones who lost.
I enjoy telling people about bitcoins in general, its structure and technology, that's a separate issue, but I leave it to them to buy, everyone is responsible for their own investment.
We will be responsible if something goes wrong, so it's best to forget about it. After all, I'm not an advisor, so I don't have any responsibility to give people financial information.
In fact, those who do not take advantage of the opportunity even after getting the right idea in time will regret it in the future. I told a friend of mine about Bitcoin investment 1 year ago, I told him to invest when the price of Bitcoin was around $60K. But he was ready to invest after my words, that's why I did not force him to invest.

But when Bitcoin crossed $100K, he regretted for not investing. And when Bitcoin was above $100K, he came to me for advice on Bitcoin investment. But at that time I did not give him much importance. Because I know that Bitcoin is now in a pump state, that's why he wants to invest, and if Bitcoin starts to decline again after investment, then his behavior will be different. So I told him to do what you think is best. Because Bitcoin is in a pump now, but Bitcoin may be dumped tomorrow.

And then he decided to invest on his own, and invested some money and at that time the price of Bitcoin was over $100K. For almost 2 weeks now the price of Bitcoin has been below $85K, but he still hasn't told me anything about his losses, but I told him to be patient, and think long term.