Quote from: POPOLUV on Today at 12:25:34 PM

There are many people out there that have enough discretionary income but they don't know the best investments should embark on till one day a friend of mine that is a farmer and i know that he has been gotten profits through his farming work, he came to me and ask me if he should invest in Bitcoin investments how can he gain more profits because he has been reporting his discretionary income to the bank without having a profit instead he do received debit all the time from the bank, then i started explaining how Bitcoin works and how he gets more profits once he starts accumulating his Bitcoin, i want ahead showing and telling how dollar cost average have make it easier for newbie to buy gradually by gradually when comes to buying of Bitcoin, he agreed with me and he have started investing because he said that he doesn't want bank people should be deducting from his bank account, and even since that friend of mine that is a farmer has been thanking for adding another skill to him joined to his farming work, so i want know if actually i did the right thing by introducing him into Bitcoin investments?

You did well by telling your friend about Bitcoin investment but one thing I was expecting from you to tell your friend is that he needs to be fully aware of the potential benefits risk aspect of Bitcoin, Bitcoin is not a quick and get rich scheme, for him to see reasonable profit he must able to for a long term unless maybe you are encouraging him for a short term profits maximization which can be very risky especially for a beginners because of the volatility nature of Bitcoin, he might invest and Bitcoin can dip, I just hope that you are giving him more lectures about Bitcoin investment.