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SmokerFace
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March 10, 2018, 10:35:40 PM |
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If you tell your friends and family about Bitcoin without giving them any sort of in-depth financial advice and they go ahead and invest, how do you deal with it when the market dips very low and they silently blame you for losing them money.
i will not encourage them to enter Crypto without saying they need to take a risk before investing or else if i forgot to say that i will deeply explain hows going on to the market when the bitcoin drops low and i will discuss the meaning behind those dumps in this case it will decrease their fear of losing their money. Just mind before you encouraging other people to join in every investnent or business you need to tell them that they need to take the risk so they will not blame you in the time that they lose their money. |
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khaled0111
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Top Crypto Casino
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March 10, 2018, 11:03:41 PM |
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Well, I don't think they should blame you, you just showed them the way.
It is up to them to investigate and learn more before investing their money, you are not responsible for what happens to them.
However, it would be better to explain more and tell them about the risks of failing (they are your friends/family after all).
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romecheo
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March 10, 2018, 11:12:19 PM |
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Ouch, it was a great regrets. I also fell that way, I do the recommendation and suddenly the market goes down very deep. And until now, it wasn't recovery from the capital they invest.
But for me, i haven't any doubt about my investment, even it was lose for more than 70%.
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binghope
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March 10, 2018, 11:14:54 PM |
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In my opinion, you should not entice others into the Crypto market. The market is very risky, people are very easy to lose money and also easy to earn money. But it is important they have the knowledge to invest or not. I think you should not entice them. There are many ways to get free Altcoin, I think you should guide them to do those jobs, do not encourage them to invest when they have no experience in the market.
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kabelpeggek
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March 10, 2018, 11:16:43 PM |
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we should tell them about bitcoin investments, before they start to invest.
but you should never invite anyone to start investing with bitcoin, if you do not want to blame in the future.
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Wicked17
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March 10, 2018, 11:26:21 PM |
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If you tell your friends and family about Bitcoin without giving them any sort of in-depth financial advice and they go ahead and invest, how do you deal with it when the market dips very low and they silently blame you for losing them money.
If you tell them about investing bitcoin but you do not tell them the high volatility of crypto and the high risk involve then it was right for them to blame you. And if that happen, the only thing you can do is to support them and tell them that holding is the best thing to do at time of dip. |
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joan26
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March 11, 2018, 12:32:11 AM |
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If you tell your friends and family about Bitcoin without giving them any sort of in-depth financial advice and they go ahead and invest, how do you deal with it when the market dips very low and they silently blame you for losing them money.
Well if I am in that situation I think all I can do is to keep them calm and explain how this business works even in dip times. And I tell them that the secret formula of this business is Patience. That if they don't have it they might also lose big in the future. |
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faceoff97
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March 11, 2018, 12:43:40 AM |
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If you tell your friends and family about Bitcoin without giving them any sort of in-depth financial advice and they go ahead and invest, how do you deal with it when the market dips very low and they silently blame you for losing them money.
Be sure not to convince anyone to invest, let them decide and just make them understand hoq it works. Remind them that invest is also abiut taking the risk. Be sure that are just investing what they can afford to lose. When you have done this things, surely you will not a hard time explaining them what just happened and how shoukd they respond in that kind of situation. |
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Deathgamer
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March 11, 2018, 12:45:55 AM |
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I feel so bad if one of my friends or my family lose their investment the reason why I am always reminding them that investing in bitcoin is risky and also it takes a long term to earn here thats why I told them to always be patient if they want to earn big.
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Wish 107.5
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March 11, 2018, 12:46:23 AM |
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When they lose their investment, I always cheer them up and talk about the other opportunities they can get through working on cryptocurrencies.
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ElusivePhantom
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March 11, 2018, 12:48:00 AM |
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You need to make it clear to anyone you help (not persuade or give false promise to etc) that this is no different to any type of investment.
You could made or fortune or lose it all. It's their personal choice to get involve.
If you're taking someones money to promise returns, that's most certainly unacceptable and will only lead to disaster.
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asyakashi
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March 11, 2018, 12:59:49 AM |
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If you tell your friends and family about Bitcoin without giving them any sort of in-depth financial advice and they go ahead and invest, how do you deal with it when the market dips very low and they silently blame you for losing them money.
Better to tell them about the probability of losing money before they invest. Otherwise, you should try to convince them to hold their coins. But it is so difficult. Because I don't think they trust you. By the way it is not your fault. People are responsible for their decisions. Though it's been done a lot of people become greedy with their trade. they do not hear and have become blind and deaf for money. Only experience will give a good lesson. |
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Shamie1002
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March 11, 2018, 12:22:54 PM |
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If I were you, I should have make them aware first that investing in cryptos are risky yet with proper handling and patience, it will all be worth it. Another thing you should explain to them is the extreme volatility of cryptocurrencies and it can actually go high and low drastically. If they are aware of that kind of things, it will not be easy for you to tell them that they should let it stay first and not take it out o cut loses. It can still rise and make profits. Patience will make losses disappear.
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markdario112616
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March 11, 2018, 01:13:32 PM |
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First, I don't persuade or refer anything especially when money is included, to my relatives without giving them an idea which is which. I secure my reputation first and foremost, I don't want to take the blame if ever they fail. So before anything else, I will provide everything they need and teach them everything I know but if they are already in the live situation, It's now up to them on how will they play.
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jdeanne92
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March 11, 2018, 01:28:15 PM |
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First things first. Comfort them in any ways possible. And later on explain to them that cryptocurrency is a big gamble. Sometimes you and sometimes you dont.
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Aldritch
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March 11, 2018, 01:43:16 PM |
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In the first place before they invest you must give them a warning it is risky to invest in bitcoin. Let them first learn about crytocurrency before they invest money. It's hard to blame so explain them before they invest so you do not have a misunderstanding of your family and friends especially if their investment does not succeed.
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SaShiRaJaVu
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March 11, 2018, 09:48:26 PM |
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If you tell your friends and family about Bitcoin without giving them any sort of in-depth financial advice and they go ahead and invest, how do you deal with it when the market dips very low and they silently blame you for losing them money.
When it comes to any form of investment ,never give anyone any assurance about the amount of profit they are going to make with it, rather you can introduce them to the new investment platform and tell them about the negatives and the positives if they are really good and have an idea about investment they will understand it and they wont be blaming you. |
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lyks15
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March 11, 2018, 11:44:13 PM |
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I hope it will never happen that my friends or my member of my family will lose their investment specially when I am the one who are encouraging them to join and invest in one business venture. But when it will happen I will explain to them that business is always a business there is always a big risk for your investment. So when they failed just motivate them and tell them that every businessman are always learn in their own mistake. So to provide your investment lose just make it sure that you are mentally orriented and have exact knowledge before investing in any kind of investment.
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Gintama214
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DONATION SENPAI PLEASE <3 <3
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March 11, 2018, 11:48:46 PM |
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If you tell your friends and family about Bitcoin without giving them any sort of in-depth financial advice and they go ahead and invest, how do you deal with it when the market dips very low and they silently blame you for losing them money.
If you want to tell your family or friend to invest in bitcoin be sure tell them about the risks that it has, if you are talking about investment there are always risks but it also will make you earn depending on the price of bitcoin but for me I won't force anyone who is not interested and are willing to take the risks with bitcoin. I believe that bitcoin will revolutionize our currency and if they don't think like that then just don't waste your time. |
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lodi123
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March 12, 2018, 12:21:52 AM |
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If you tell your friends and family about Bitcoin without giving them any sort of in-depth financial advice and they go ahead and invest, how do you deal with it when the market dips very low and they silently blame you for losing them money.
We can deal to family and friends by make them more interested and not losing hope for everything it's only a trials of life they can try also to bitcoin just keep trusting |
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