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Author Topic: Do you reccomend family and friends to join the market when it's crashing?  (Read 2886 times)
jonathan6655321 (OP)
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September 09, 2018, 08:58:26 AM
 #1

Do you recommend family and friends to join the market when it's crashing?
We pray for the prices to go up and to more people join the market, but will you recommend someone close to you to join when the prices are dropping like crazy?

If you do, explain why.

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September 09, 2018, 09:05:02 AM
 #2

I will do but just only recommend to the people who believe in me or who had experience with long-term investing.
It's difficult to tell someone don't have experience invest in Crypto when it crashed  Lips sealed Lips sealed Lips sealed
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September 09, 2018, 09:05:55 AM
 #3

I will do but just only recommend to the people who believe in me or who had experience with long-term investing.
It's difficult to tell someone don't have experience invest in Crypto when it crashed  Lips sealed Lips sealed Lips sealed

That's a lot of responsibility for one person to handle Tongue

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September 09, 2018, 09:08:27 AM
 #4

Do you recommend family and friends to join the market when it's crashing?

I never recommend anyone to make any specific investments. If it turns out badly, they are going to blame you.

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jonathan6655321 (OP)
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September 09, 2018, 09:09:19 AM
 #5

Do you recommend family and friends to join the market when it's crashing?

I never recommend anyone to make any specific investments. If it turns out badly, they are going to blame you.

Yes, you're right. But we also hope that other people will join... it's kinda funny Smiley

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September 09, 2018, 09:26:23 AM
 #6

I will do but just only recommend to the people who believe in me or who had experience with long-term investing.
It's difficult to tell someone don't have experience invest in Crypto when it crashed  Lips sealed Lips sealed Lips sealed

That's a lot of responsibility for one person to handle Tongue
Yes, of course. But I want to share them some ways to make investment, to gain a big money. However, I will warn them about the risks of investing and help them think through it and invest only in their free money that does not affect their lives. Smiley
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September 09, 2018, 09:33:28 AM
 #7

Family and friends are the investors. Investors don't come out from the moon rather they live with us and when price drops is suppose to be the right times to look for windows to jump in.

Off course, I can advise an interested investor to invest at a time that price is lower so that they have a better chance to begin riding on profit as market picks up.
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September 09, 2018, 09:45:35 AM
 #8

Family and friends are the investors. Investors don't come out from the moon rather they live with us and when price drops is suppose to be the right times to look for windows to jump in.

Off course, I can advise an interested investor to invest at a time that price is lower so that they have a better chance to begin riding on profit as market picks up.

I got your point.


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September 09, 2018, 10:11:57 AM
 #9

If it is their own will to invest in crypto then why not? As long as they understand the risks and they are willing to invest long term, i would gladly welcome them to crypto business.
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September 09, 2018, 10:27:44 AM
 #10

You know the most common question I get asked is, "Please let me know when the price drop, because I want to buy in when the price is at it's lowest" So they ask me to tell them when the price is low, because they do not monitor the price every day.

Just make sure you explain the pros & cons to them and highlight that Bitcoin investments is a very high risk investment. After you have done that and they agree to take full responsibility for their own actions, then you can advise them on when the right time for buying is.  Grin

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September 09, 2018, 10:28:22 AM
 #11

Family and friends are the investors. Investors don't come out from the moon rather they live with us and when price drops is suppose to be the right times to look for windows to jump in.

Off course, I can advise an interested investor to invest at a time that price is lower so that they have a better chance to begin riding on profit as market picks up.

Considering crypto is unpredictable, of course, this can be good or bad in our relationship.

It's will be great if they get the benefits of lower prices currently bought and the cryptocurrency going to the moon.
But, it can be bad if they lose some investment for what we offer. Even though we have explained from the beginning.
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September 09, 2018, 10:35:58 AM
 #12

Why not? I mean when the market crashes, it is the time for us to invest in bitcoin more at cheaper rates.We can invest as much as we want and can hold until the price rises.By investing at lower rates and selling at high we can earn huge profits.So whenever there is downfall in the price, I always recommend to everyone who are known to me and working with BTC to invest in it more.

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September 09, 2018, 10:47:00 AM
 #13

U can suggest and give explanation why they invest in crypto but don't force them because when market fall for more down prices than they will blame u also told them they need to do long term investment in bitcoin. now market is in downtrend since few months so chances is too much market will make bullish green candles in Quarter 4 of this year like last year and bitcoin price is moving between $6k to $7k price so we can make profit in small pump and dumps. this is the right time for investment in bitcoin or in any other coins because we not see any major move of bitcoin in this year.
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September 09, 2018, 10:55:57 AM
 #14

Hi, everybody. I do not recommend anyone everyone has their own head on their shoulders and everyone should think for themselves.

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September 09, 2018, 10:56:47 AM
 #15

My friends and family are not bitcoin believers. I do not carry them along on my cryptocurrencies dealings. Am still preaching bitcoin to them with not positive impact.
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September 09, 2018, 10:58:12 AM
 #16

The only person i talk about investing on bitcoin is my husband,. I told him about the good on holding it. Told him at this is the time to buy and hold for 5years.
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September 09, 2018, 11:09:11 AM
 #17

Yes , but I will make sure I watch the trend of the market and let them buy from the bottom or closer to it , buying the top would have discouraged my effort
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September 09, 2018, 11:13:28 AM
 #18

Do you recommend family and friends to join the market when it's crashing?
We pray for the prices to go up and to more people join the market, but will you recommend someone close to you to join when the prices are dropping like crazy?

If you do, explain why.

now it's much better to join the market than when it's growing. The general atmosphere is more gloom but the profit they can make now is obviuosly bigger than when the price was $15k for example
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September 09, 2018, 11:18:06 AM
 #19

Do you recommend family and friends to join the market when it's crashing?
We pray for the prices to go up and to more people join the market, but will you recommend someone close to you to join when the prices are dropping like crazy?

If you do, explain why.

Of course I do, and I always do even the market are continuously dropping. But i only recommend bitcoin and ethereum for there first investment, because these two are the most reliable and profitable cryptos i ever know since i started, and I truly believe on the ability of these two cryptos to create a greater value in the future. But of course, I don't recommend to them to invest all of there life saving to this kind of investment, because of the uncertainty that they can really make earnings here by just investing on it.

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September 09, 2018, 11:20:19 AM
 #20

Do you recommend family and friends to join the market when it's crashing?
We pray for the prices to go up and to more people join the market, but will you recommend someone close to you to join when the prices are dropping like crazy?

If you do, explain why.

Well bear market and bull market just come and go to a certain investment just like cryptocurrency. I will still recommend crypto to my friends and family even its crashing. How? Im gonna present them the historical chart then I would say that its normal and temporary plus the latest development may incurred price increase. I jusylt tell them what they need to know like advantages ans disadvantages for them to decide weather they will enter or not. Besides its a good opportunity for newbie to enter the market and learn while its price is cheap.

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