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?
The fact that he's thanking you shows that you did a good job. But I hope you've take the time to also explain Bitcoin price movements to your friend, because this is a major challenge for many new Bitcoin investors, often causing them to give up on their investment. The excitement or fear surrounding
Bitcoin price movements lead some new investors to make bad decisions, like selling their investment at the wrong time. Make sure your friend knows about this to avoid making a wrong decision, because regardless of how deep the price of Bitcoin is, there is a good chance that it will rise above our expectations. And that's what makes Bitcoin investments different from other cryptocurrencies. The most crucial thing is to advise your friend not to let his farm work divert him from exposing his bitcoin securities because doing so will cause him to lose his assets.