Re: People around us and investing.

Your teaching and the words you pick to describe what Bitcoin is to someone will determine how they will react towards you if investment goes wrong or right, you can start by telling them how price of bitcoin can fluctuate and can’t be predicted they can’t get quick profit from it like they are assuming or see online, you give them the vital information and allow them to decide so that they can take sole responsibility for their decisions and not go hold you accountable for their lose or impatient.

Yes, the first thing that needs to be conveyed when we tell people about Bitcoin is our opinion so that it is easy to understand, and by explaining it simply, maybe they will easily accept it and they won't ask many questions, I think that's enough to convince them so they won't talk too much or pressure us.

For me I don't think we should even tell them about our own opinion at first it will be better we tell them about Bitcoin in general telling them everything they need to know about Bitcoin for example if you are using the DCA strategy it will be better you explain to them about all the types of Bitcoin investment strategy than just telling them about the DCA strategy you are using the reason for this is that the strategy you are using that is comfortable and okay for you may not be comfortable and okay for another person so they need to choose the strategy they will fine more comfortable with, if you are using the DCA strategy and you are telling a very big busy business man about Bitcoin investment and you only tell him the DCA strategy which is buying weekly or monthly he may not like the idea because of his busy schedule but if you tell him about all the different strategy he may go with lump sum strategy since he will just buy once with huge amount of money and hold so please it will be better you tell people about Bitcoin in general and not just your opinion.

Actually DCA suggestion isnt that bad since it could really be done so easily with just few clicks and doesnt really take that too much time on which means that as long you do have the funds on your exchange account then you can always choose up on trying out to buyback whenever the market do make out some correction, but i do agree into the point that you should really be that explaining it to them on what are the possible ways or methods or those kind of set ups on which it will really be that getting in line with your own interest on which this will really be that might give you the idea on what you should really that gonna do. In terms when it comes to recommendations then it wont really be that bad as long you do really know and tell them on what are the best things that they should be needing up to know specially when it comes to risks factor.

If you do have some close friends or family members who do have that plans on trying out to make some investment then it will really be just that ethical that you should really be telling them about the truth and dont put them into some wrong information on which it might cause for them to lose money. You would definitely get sued out at the moment that they've been that giving out some wrong information on which later on they will really be able to learn up on whats right.