Quote from: Donneski on Today at 03:01:40 PM

Quote from: irhact on Today at 02:30:53 AM

Quote from: GeorgeJohn on March 24, 2025, 07:58:40 PM

Summary Do not tell people who has not invested on Bitcoin only the positive side of Bitcoin investment, also give them or tell them the more of the negative of Bitcoin, let them know that price of Bitcoin is not constant it always fluctuating, so that they will not having such mind of becoming rich they have invested in Bitcoin with a short time.

It's only a deceitful person that'll teach someone about Bitcoin without talking about the negative sides of investing in Bitcoin. People with very limited or no knowledge about Bitcoin most times believes that Bitcoin investment is all about profit and that's because the people around them who are Bitcoin investors seems to be financially comfortable so it's very important to also tell them that people also lose their fortunes investing in Bitcoin before assuring them that with long-term patience, they're most likely to reclaim their losses.
Bitcoin price have never been stable since the creation. Sometimes there's an uptrend while the other times, there's a downtrend. These are the things you tell them so they make up their minds on wether they'll invest or not

Investing in Bitcoin never guarantees profit. Those who only emphasize the profit aspect of investing in Bitcoin definitely lack knowledge. There are many who have invested in Bitcoin who have increased their assets several times while many have lost their assets. When investing in Bitcoin, it is necessary to tell an investor what things to focus on. Those who want to invest must be given an idea about timing. There is no chance of being profitable from Bitcoin in the short term, but those who try to hold the coin for the long term have a greater chance of being profitable. However, no one should be given certainty. Bitcoin is volatile, it can be bullish at any time, but there is nothing wrong with being bearish for a long time. When investing in Bitcoin, the investment decision should be made by considering the risks.