Post
Topic
Board Economics
Re: People around us and investing.
by
Kristiyana
on 12/04/2025, 21:47:46 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.

Yeah, I think that's the best way to go about it, after giving them the knowledge about bitcoin investment and also the method they can use to accumulate and also letting them know about the risk that is involve in bitcoin investment. of course after given them this information then you need to give them some space to think and also make plans on how they can be able to carry out a good investment plan, you don't need to be the one to make those plan for them. Because if you do and it happens to be that the outcome didn't work as planned, at this point you will face the consequences alone. This is the reason why we need to avoid forcing someone to invest in bitcoin.