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

[Satish147]

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.

Yes, Because this is new asset class and which is same type of new inventions and having bigger scope than internet revolution. And we all know how the tech stocks given fruitful results for long terms HODLers even though the dot com bubble burst during 90s when the market cap reaches 6trillion dollars. Now we have more market reach than that time. So bull is confirmed in long term but when means we don't know.

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[Dondisimo]

Moreover, I specifically recommended to my friends to wait for the fall in prices, if they want to save on investment. And they believe me and invest in bitcoin.

[Qwerts]

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.

Yes of course I will still recommend bitcoin. I will let make them understand that it is normal for the market to fluctuate because of its volatility in nature. If they have money to spare, it will be a good investment since the prices are low and investing now will eventually give them higher earnings when the market prices go up.  Believing in crypto might seem impossible these days, but better days are ahead and we should never stop believing for what is right and just.

[chandra12]

no, we all scarcely encourage these to become a member of if the Crypto industry is at the top simply how much a lot more in the event the industry will be dropping. We must suggest to them our own resistant that individuals are usually making with your tough energy inside Crypto so it will be negative thought to be able to encourage these even though the industry efficiency is quite unpleasant to find out.

[Kolikalex55]

I think that it is reasonable to enter the market when it all falls down of course if you believe in the market ! My father, for example, entered the market recently.

[Spontebob]

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.  

Yes, I will. As long as I did my part as warning them how risky it can be and how unpredictable the value is. I will explain and share my knowledge about bitcoin and it’s up to them if they’d take the risks and gonna use bitcoin.

[Bakugan]

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.

Yes because for me this is the best time to invest because the price is very cheap , I recommend it to them if they already have enough knowledge about investing in crypto. There is nothing wrong in encouraging other people , i think thats good.

[ashaksagnis]

It's hard to recommend when market is crashing. I think it's very risky now because the market is very tricky . Everyone must make their own decision

[btcformula]

I will try to educate about but not recommended. Also, I will show him 2017-2018 chart this will help to understand how risky & profitable volatile market.

[norachuks]

The market is not crashing rather rebooting, because it is rebooting i will recommend family and friend to join the market for good because i believe we will smile towards the end.

[bitbunnny]

Actualy, why not? If it's a correction that doesn't show some signs of deep and long term price fall it's a good opportunity to invest.
I always say to everyone that Bitcoin is the best investment on long term and that some occasional price corrections are normal due to volatility. But I always recommend to everyone, including my friends and family, not to invest more they can afford to lose.
It's golden rule they must never forget.

[Huntler1993]

Well i sometimes do, since i know what Crypto is capable of and it potential i normally introduce it to those who are willing to start to enter since now the market is red. Entering will not require much which will make them some profit if the market turn green soon.

[tunapa]

who does this kind of a thing ? or is this kidding ? i cant recommend family and friends to enter a crashing market. it isnt advisable. even during bull market, i wont do that again. i tried it before it wasnt favorable.  i wont do that anymore.

[jpnl0008]

It's actually a very bad time to ask someone to invest it's not advisable at all for anyone to be a part of it the risk is way to high for anyone to bear and you would get the blame when things go wrong

[sublime5447]

No, I won’t suddenly invite people to buy Bitcoin, before I talk about it I have to know first if they are interested in investing, especially an unconventional ones like this, and then I have to educate them first so it won't be a problem in the future.
I would suggest buying Bitcoin only from friends who already understand Bitcoin and will usually discuss about it.

[Prostoper]

The stock market is doing well – too well. Most questions about investments come when the stock market is smoking hot or on life support. Should I own more stocks? Should I sell everything and go into cash? Thankfully, our firm provides deep education on sticking to an investment policy, so most of our clients tune out the noise. Even with that, we get a smattering of questions from left field. One that came up recently - should I buy rental property to guard against a stock market crash? I dissect that question here.

[juragane]

I will usually provide information when the prices of some cryptocurrency and bitcoin in this market are falling so that they can be moved to buy cryptocurrency and can take advantage of the best moments to buy at cheap prices.

[andika2018]

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.

Recently, i am just chatting with friend and tell him to buying more coin. Its still undervalue market cap and i am believe crypto market will be worth more than trillion dollar. If financial institution and ETF approved by regulator, market will growing fast and more bigger

[princeyeboah]

On of the fundamental lessons every crypto investor or user must learn is the ability to seize the opportunity of the bear market and buy as many as possible valuable coins. Recommending crypto to family and friends while the prices of coins are down is the smartest way because they get to buy valuable coins at cheap price and make huge gains when the bull market comes.

[Aldrinx00]

Never because i don't want them to blame me if it goes wrong. Better to keep crypto within myself because i know the risk on investing and the profit i can make in the longrun.