Quote from: AmaGold70 on Today at 03:12:26 PM

Quote from: mid9tclaw02 on August 09, 2025, 10:37:40 PM

Ever since i introduced my friend to the DCA method of trading in btc he has been having some good turn up but he was asking me if i can loan him some money so he can add up to boost his staking so please guys how do i go about it should i give him or i shouldn't.

Look, his trust in you as a friend is very good, which is commendable. You introduced him to the DCA method, and he also makes good profits. However, borrowing money from someone for investment is always a significant risk. Today, he is making a profit, but if he takes the responsibility here, he will be at a loss tomorrow; he needs to understand his money and risk. When friendship and money go together, sometimes the relationship breaks down. So in my opinion, even if you want to, it would not be right to lend him money right now.
Instead, encourage him to invest according to his ability, and gradually increase his stake. He will be able to grow with the profit money, not by borrowing. The right advice from a friend is the most significant help. If you can do this, I think it will be the best.