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Author Topic: Does anyone here give trading tips to friends?  (Read 2383 times)
Red-Apple
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August 22, 2016, 01:31:13 PM
 #41

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 have introduced bitcoin to others and many of them are my friends. so as a result and the normal way of things i will tell them about everything i know which has trading included in it too.

but whenever i am talking about anything speculation related like trading i try to stay away from being too specific and give any signals to anybody which is going to come back and bite my in the ass later.

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August 22, 2016, 01:36:17 PM
 #42

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 Wink. No more ferrarri's
Haha, if i had ferrari I would sell it for bitcoin(and that would be a good news for bitcoin), I am thinking to quit trading for a while because many dumps and pumps are happening with altcoins
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August 22, 2016, 09:46:01 PM
 #43

yes i am also giving trading tips to my friends, i have some close friends who are jobless one has done master in Business Administration and the other one has done master in Political science, but still they are looking for job, now i  have introduce bitcoin to them and also give them some trading tips how to invest in bitcoin and where to invest bitcoin again.
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August 23, 2016, 03:00:43 AM
 #44

I try not to give trading tips to my friends. On the rare occasions that I do, I always tell them that I'm no expert and that if they do follow or act on any of my tips/advice that they could just as easily lose money as make it. I would never tell someone, "If you do x,y and z, you will profit guaranteed."
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August 23, 2016, 06:08:31 AM
 #45

Actually we dont plan it and sometimes it just comes when we meet each other and share out experiences in trading. We give tips and sometimes we pull each other in investing to different trusted altcoins.

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BitFinnese
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August 23, 2016, 06:34:59 AM
 #46

I do give some tips to my friend sometimes but mostly I told them to read threads about coin and let them decide which coin they wanted to trade.  I just give them some pointer on what to pick.  I told them if the coin is active and the community is actively participating with upcoming release of an update, then it is mostly the good coin to invest in.
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August 23, 2016, 11:50:41 AM
 #47

Usually, I just say what my personal opinion on this or that asset is. Or tell them in what stuff I have invested. But I always warn that this is just my opinion, I may be wrong as well. It is up to the person to decide wether to follow the advice or not, and what to do with this information. Don't blame urself and don't allow others to blame u because of their failures. U dont give any guarantee and u dont own them anything. Just relax)
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August 23, 2016, 05:59:33 PM
 #48

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 give a useless advice  Cheesy buy low sell high. and then told them to do their own research,  rather than asking someone on what to trade, why not research it on their own or at least make an effort of verifying if it is worth the investment.  basically i tol them not to listen in troll box or if they do just  do the opposit.

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StoreBit
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August 23, 2016, 09:40:29 PM
 #49

I try not to give trading tips to my friends. On the rare occasions that I do, I always tell them that I'm no expert and that if they do follow or act on any of my tips/advice that they could just as easily lose money as make it. I would never tell someone, "If you do x,y and z, you will profit guaranteed."
but i am introducing bitcoin  and also giving trading tips to my friend on regular basis actually i have some talented friend and i know that they can really get benefit from bitcoin if they are properly guided therefore i on regular basis give trading tips and also share important information with my friends.
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August 23, 2016, 09:46:27 PM
 #50

When btc was ~350 I told my boss to get in - he said 'I bet in a year it'll be work nothing'

The next year it was 700....they just don't listen  Roll Eyes
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August 23, 2016, 09:57:53 PM
 #51

I hope monero climbs as high as that. The coin has got potential, don't know why it's not in the second place.
I don't share trading tips, at least not yet, until I get the hang of it.

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August 23, 2016, 10:03:36 PM
 #52

Which coin stays where, is based on the whales behind the coin - how deep their pockets is. Monero needs funds to compete with Ethereum, untill then, it just keeps hanging.

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