Post
Topic
Board Economics
Re: People around us and investing.
by
fruktik
on 22/03/2025, 04:50:11 UTC
Since, Bitcoin is risky, no one should be forced to invest in risky sectors. However, Bitcoin has good prospects in the future, so it is not a bad decision to give an idea about Bitcoin to those who are not aware of Bitcoin. Now if you force someone to invest, he will blame you if he suffers a loss in the investment. You should, give them idea about DCA, talk about investing long term, give idea about good wallet, you tell them about risk. I gave some of my friends ideas about Bitcoin, but never asked anyone to invest, they decided to invest on their own. Some of my friends plan to hold for 8-10 years. But I never forced any of my friends to invest, they invested on their own risk.
I am glad that you understand the risks of investing. No one should be given advice or recommendations. Let people make their own decisions. If they make mistakes, then all responsibility for this will fall on their shoulders. That is how it should be.

Once I encountered a situation where I decided to give advice on choosing assets for investment. After some time, this person made significant mistakes. He wanted to blame me for this, but I told him that he himself chose all the instruments and was only personally to blame for the loss of money.