Post
Topic
Board Bitcoin Discussion
Re: Do you introduce bitcoin and crypto to your friends?
by
Baki202
on 20/05/2025, 18:12:26 UTC
Many people have being blamed by friends on several occasions on why they introduced Bitcoin investment to them. I wouldn't like such occurrence happening to me in the future. it's better to stay smart

And they will keep blaming because they don't even know how it works, and when you don't have knowledge about a particular thing, then the next step is to find somewhere or something to blame and it depends on the kind of friend you have because my friends know I won't lead them, so the nature of friends matters a lot, and there is a lot of things that will experience and will give you more exposure so experience is always the best.

You have a very good point. I do the same thing. I think I have shared about Bitcoin only with four of my friends, and one of them is already an expert, while the other two are still learning. One of them just bought some Bitcoin and later sold it. The other one is still holding a small portion. I have a big friend circle, yet I do not discuss Bitcoin with them. The reason is different, Bitcoin is banned in my country, and it is illegal to use it. So, I can't share it with everyone. Also, I do not want to tell people that I own Bitcoin. They could easily report to the police if they want me to suffer.

And the issue is that outsiders want to learn, but the problem now is that they are not ready to actually learn, and when things start going bad, instead of them learning and correcting their mistakes, they will be looking for ways to sell their assets rather than to keep them for it to grow, and this happens when the price starts falling. The next thing that comes to their mind is to sell, and those that have the experience will not sell, and those that have bitcoin banned will be able to find a way out to still be able to invest, and the highest thing is that is that the government will tax that individual for investing in bitcoin. Knowledge should be the first.