Does anyone here give trading tips to friends?

[n691309]

Ive just had one of my friends ask for some advice on coins to pick to add to a portfolio but after being asked ive now decided id rather him find out for himself, I feel that if i give him advice and the ones i have said to pick end up failing then it will fall back on me so i think from now on i wont be giving any advice on trading. I dont mind telling him what ones i think are going to do well but i dont think its wise to promote any.

Is anyone in a similar situation or have you even made recommendations only for them to fail and friend slose money?

Well no, my friends don't know about bitcoin but even if they would know I wouldn't tell them that i trade or something like that, I have a negative balance between earnings and profit so I'm trying to get back on my feet.

[Newcoins2020]

Ive just had one of my friends ask for some advice on coins to pick to add to a portfolio but after being asked ive now decided id rather him find out for himself, I feel that if i give him advice and the ones i have said to pick end up failing then it will fall back on me so i think from now on i wont be giving any advice on trading. I dont mind telling him what ones i think are going to do well but i dont think its wise to promote any.

Is anyone in a similar situation or have you even made recommendations only for them to fail and friend slose money?

Well no, my friends don't know about bitcoin but even if they would know I wouldn't tell them that i trade or something like that, I have a negative balance between earnings and profit so I'm trying to get back on my feet.

I got the same problem a few years back, but with trading i managed to recope it within a few weeks. It's not very hard, just need to be focused on the coins you are trading.
Obviously you have to cut down your spending too . No more ferrarri's

[hermanhs09]

Ive just had one of my friends ask for some advice on coins to pick to add to a portfolio but after being asked ive now decided id rather him find out for himself, I feel that if i give him advice and the ones i have said to pick end up failing then it will fall back on me so i think from now on i wont be giving any advice on trading. I dont mind telling him what ones i think are going to do well but i dont think its wise to promote any.

Is anyone in a similar situation or have you even made recommendations only for them to fail and friend slose money?

Well no, my friends don't know about bitcoin but even if they would know I wouldn't tell them that i trade or something like that, I have a negative balance between earnings and profit so I'm trying to get back on my feet.

How about changing that n691309? You can teach them a little
bit about bitcoin,show them how you earn money here.
If they are smart-they will get interested about it,because it is possible to make money with it.

[phreaky]

Ive just had one of my friends ask for some advice on coins to pick to add to a portfolio but after being asked ive now decided id rather him find out for himself, I feel that if i give him advice and the ones i have said to pick end up failing then it will fall back on me so i think from now on i wont be giving any advice on trading. I dont mind telling him what ones i think are going to do well but i dont think its wise to promote any.

Is anyone in a similar situation or have you even made recommendations only for them to fail and friend slose money?

Well no, my friends don't know about bitcoin but even if they would know I wouldn't tell them that i trade or something like that, I have a negative balance between earnings and profit so I'm trying to get back on my feet.

I would be careful to advice anyone, let alone friends. If you give someone a tip and it backfires they will blame you.
Even ruin your friendship. Tried with yourself and for yourself, this way you can look everyone in their eyes without any guilt.

[HeroCat]

The best trading tip is - buy at low price and sale it later. For example, buy Bitcoins and then after price go up, sale them. 

[shinratensei_]

The best trading tip is - buy at low price and sale it later. For example, buy Bitcoins and then after price go up, sale them. 

that is a basically tips for trading but for additional never become a careless and greedy person. it's will make you way is easier to get a profit. because you can control your emotions at doing trading.

[Mr.grin]

Well, I always give tips to my friends in the real world in play trading, but it seems they do not want to follow the tips I gave, because in my view, they already have their respective tricks for playing trading, and perhaps they are the trick better than the tips I gave, but I am very pleased to see

[Hazir]

People who ask for tips usually don't need them. They need full guidance instead - for example - someone who will tell them what asset is good to invest in ATM.
Or when to sell or buy. This information can't be covered in one or two formulaic tips like: sell high, buy low. Op, you need to sit, read a lot and learn if you want be successful trader.

[pooya87]

Ive just had one of my friends ask for some advice on coins to pick to add to a portfolio but after being asked ive now decided id rather him find out for himself, I feel that if i give him advice and the ones i have said to pick end up failing then it will fall back on me so i think from now on i wont be giving any advice on trading. I dont mind telling him what ones i think are going to do well but i dont think its wise to promote any.

Is anyone in a similar situation or have you even made recommendations only for them to fail and friend slose money?

i do that with one of my close friends. but we are exchanging information between each other and mostly sharing our knowledge and since we both know each other and know the risks we rarely lose or blame each other for losing.

[davis196]

Ive just had one of my friends ask for some advice on coins to pick to add to a portfolio but after being asked ive now decided id rather him find out for himself, I feel that if i give him advice and the ones i have said to pick end up failing then it will fall back on me so i think from now on i wont be giving any advice on trading. I dont mind telling him what ones i think are going to do well but i dont think its wise to promote any.

Is anyone in a similar situation or have you even made recommendations only for them to fail and friend slose money?

I would never give any advice to someone about how to invest and how to manage his own money.

It`s normal for people to seek for tips and recommendations,but i`m not comfortable giving them.

People should take responsibility and learn from their own mistakes.

[Dudeperfect]

Yes, it’s really a tough situation when you try to give honest advice but eventually it results in loss. Yes, I do give advice to one of my friend but that’s not related with crypto trading. I have been trading in stocks for a while (with simulator) and got some experience and I share it with friend and force him to do his own research before investing. Basically I focus on sharing ‘strategy planning’ instead of ‘actual strategy’.

[Supercrypt]

Yes, it’s really a tough situation when you try to give honest advice but eventually it results in loss. Yes, I do give advice to one of my friend but that’s not related with crypto trading. I have been trading in stocks for a while (with simulator) and got some experience and I share it with friend and force him to do his own research before investing. Basically I focus on sharing ‘strategy planning’ instead of ‘actual strategy’.

Yes, tips are always with 50-50 chances so recommending friends based on those tips might result in misunderstanding for your friendship. I never accept tips from third parties/friends for my trading nor I never suggest anyone to follow my words. In my experience both are risky for investment as well as for relationship.

[Gahs]

Rather than looking for tips, read people's posts on the threads. The posts help you narrow down your research to the basics, then work out methods that fits your schedule.

[PacePay]

My brother is always giving me tips for selecting coins to trade in, as he spend most time in searching and reviewing about the coins, and with his tips I have found a good profit from trade with them, we should have to share the knowledge about trade with all of our friends and relatives so that we all get benefit from there.

[Hazir]

General rule - don't give tips to people you know personally - they will blame you and curse you later, never convince them to invest in anything.
I will bite you in the ass forever if you say that some altcoin is great and then it turn out to be another Steem or we will have another DAO hack.

[sulendra12]

Yeah me too , want to share my profit to my friends with giving a tips about profitable coin and also helps the coin more rising with the community .
But , we don't know what happen next , you also take a risk if you're coin fail to reach a goal. Instead of blaming better to learning from your fault.

[Backside walkaround]

Nope, and it's bad advice in general to do that for friends, much like lending a friend money or selling him a car.  Money and business strain personal relationships,  and giving altcoin tips?  That is very risky, and your friend will NOT be happy when poopcoin X goes to nothing and his entire bankroll is gone.

[gandame]

Yes, it’s really a tough situation when you try to give honest advice but eventually it results in loss. Yes, I do give advice to one of my friend but that’s not related with crypto trading. I have been trading in stocks for a while (with simulator) and got some experience and I share it with friend and force him to do his own research before investing. Basically I focus on sharing ‘strategy planning’ instead of ‘actual strategy’.

Yes, tips are always with 50-50 chances so recommending friends based on those tips might result in misunderstanding for your friendship. I never accept tips from third parties/friends for my trading nor I never suggest anyone to follow my words. In my experience both are risky for investment as well as for relationship.

Tips or advise to others is not advisable because in trading you and the coin you choose to buy is better in your own decision than to hear advice from another. Because in trading no one can predict what is the best and when that coin getting up. Mostly traders they believe in chatbox thats why many of them get lost their btc.

[maydna]

i do it with my friends and i have community of bitcoin where every people which play, i mean trade bitcoin, share info about bitcoin and altcoins. and beside that, i've made a group on whatsapp with many friends and shares about this. many of them will give advice and info around cryptocurrency, and for people which live in same city, they made a gathering and shares many info.

i think its good for learn by doing so we don't make mistake when we trading. and beside that we can learn so many thing about cryptocurrency especially bitcoin.

[Divinespark]

I manage a small amount of BTC and alts on behalf of a few close friends who trust me and who rely on me to take the right calls on that portfolio. They have all committed to a 3 to 5 year holding horizon.