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Author Topic: Do you reccomend family and friends to join the market when it's crashing?  (Read 2886 times)
trauchot
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September 24, 2018, 10:52:07 AM
 #261

To some friends, I advised to enter in the cryptocurrency world and invest in it when the market falls, because this is the best time to enter in this field and create a profit for many years. Just need to intelligibly explain why it is better to make investments when the market falls and show evidence of past years as the market grew and fell, it will be enough for them.
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September 24, 2018, 11:11:28 AM
 #262

I do recommendation to my family and friends to invest in crypto market while the market is crashing. But it should be wisely and of course not all of their savings, it should be a little amount that they can take the risk on it. I always advise to choose 2 or 3 best crypto coins like Bitcoin, Etherium, Ripple etc. , Because those  are the most reliable and profitable cryptos I ever know since I started, and I truly believe on the ability of those cryptos to create a greater value in the future.
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September 24, 2018, 11:12:33 AM
 #263

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, why not but I will not force them to buy when it is crashing because it is still their decision if they wanted to invest in bitcoin or not. They can observe the market first before they enter it. I can just recommend it to them and explain the advantages of the market when it is dropping but I will not gonna force them to do so.
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September 24, 2018, 11:29:12 AM
 #264

Both Yes and No
Yes maybe, because it's the right time to invest, then we will all be having a tons of profit, but on the other hand it will be the very hardest challenge will come to me because I need to explain to them why they should invest and why they will invest in the times of the market is crashing.

No because it will be a lot of question will come out instead of making my own profit in the times of crashing I need to spend my time to explain it to them so why should I recommend in the times of crashin maybe in the times of the price is on the good hand
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September 24, 2018, 11:29:36 AM
 #265

If they want to invest then sure recommend them but my first advice in crashing market for them is that they should wait first for stabilization and then invest.
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September 24, 2018, 11:41:21 AM
 #266

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, actually its really hard to explain the process of cryptocurrencies to those people who are not have a knowledge about the technology, especially if they do not have any interest to it. Its fun to teach cryptos to a people who are curious about it, its quite fun to teach a person who have lots of questions regarding to bitcoins or cryptocurrency because you can see to them that they are really wants to teach them.

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September 24, 2018, 11:45:54 AM
 #267

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, actually its really hard to explain the process of cryptocurrencies to those people who are not have a knowledge about the technology, especially if they do not have any interest to it. Its fun to teach cryptos to a people who are curious about it, its quite fun to teach a person who have lots of questions regarding to bitcoins or cryptocurrency because you can see to them that they are really wants to teach them.
I tell to my family that I get my earning in crypto while in my friends I tell them to try to join in crypto, but honestly its not easy to explain to some people even its your friend or family if they have no interest to it. But some of them seem that they are interested about crypto because they have lots of questions, so those people are only I give my time to teach about crypto, I tell them everything even what to do when market situation is good or not.
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September 24, 2018, 11:47:57 AM
 #268

Certainly I will encourage my close relation to join crypto market even when it is going down because I believe in the blockchain technology as the future of all transaction. But I will educate them on the need of patient in the crypto currency trading or investment. They must know there is no loss in this business till you sell but if you hold your coin and be patient then you can never lose your coin. Losing comes when you panicked and act out of impatience then you will sell at a losing price and your money goes, then the following day the market reverse and goes up.
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September 24, 2018, 11:50:06 AM
 #269

I'm always try to encourage people of my own family to allocate small portions of USD to cryptocurrency investments, especially, after bubble is bursting. However, patience is the key here to successful investment. We haven't seen bottom yet, IMO.



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September 24, 2018, 11:52:04 AM
 #270

My parents are older and working with computers is difficult. So I introduced my brothers and sisters, some of my close friends. I am glad they can improve their finances.
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September 24, 2018, 11:56:59 AM
 #271

Sure I mean why not right? Its just a recommendation and I know that if they heed my advice, they themselves know what is going to happen in the future. I would advise them regarding some things about the current flow and the possible flow in the future and hope that they decide for what they think is the best
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September 24, 2018, 12:02:06 PM
 #272

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.
At some point, I would recommend them to join in this world since crypto is volatile it could rise up not now but soon. If they join now it will be privilege for them if they buy now because they aren't that expensive right now therefore, they could buy as much as they can and hold it for the next bull run.

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September 24, 2018, 12:08:14 PM
 #273

No,I wont do that because maybe this can start misunderstandings between us so I can teach them what is bitcoin but I never suggest the bitcoin as investment I will let them what is the actual condition and in future the prices may go higher at that time you can make huge profits if you buy it now but theere is no need that it will happen so it is your responsibility to consider the risk levels.

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September 24, 2018, 12:10:44 PM
 #274

yes i recommend my friends to invest on the market while the price are unstable and too low. Its perfect timing to buy and hold it in a very long term period and wait until the market price are stable.
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September 24, 2018, 12:13:57 PM
 #275

I won't recommend things they don't understand, learning in the crypto world takes a long time so we don't get stuck and lose. Not that crypto is a bad place, but suggesting friends or relatives to the crypto market is futile.
In terms of ideas and potentials it can be a good thing introducing crypto to someone who's close to you, knowing that you already got a good experience and allowing them to take a look and start learning how things works inside crypto industry can open their minds, and give them hints to step inside this investment opportunities, not just to ask them to join but better to let them do their own research.
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September 24, 2018, 12:25:18 PM
 #276

I already did but only few of my relatives engage in crypto, still we are lucky that we witness when the value of bitcoin is on highest pick and we get huge income that is why we continue to have bitcoin hold in the future because we believed that the market value will recover and all people whould be more happier in the future including me and my relatives.

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September 24, 2018, 12:50:38 PM
 #277

Well even the market is in good condition I dont want to recommend investing in crypto to my family because I know the risk associated with  it and I dont want to be the one to blame incase something bad happen to their money.

Its not that I dont have faith in cryptos but its better for them to decide on their own and not because I recommended to take advantage the crashing market.
- Indeed, every investor should have a choice and be responsible for their investment, we can not shoulder this task on our own even when they are our family and relatives because when we talk about money and money, it is always a matter of controversy, it even shatters a whole family. So, we should stay away from that before the relationship gets stuck, investing in this market is not a joke, no one can know the story will bring good or bad results, we should not encourage anyone when we have no guarantee for them, complaints and blame are not a pleasant thing


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September 24, 2018, 02:09:35 PM
 #278

I think it's not a bad thing. Whenever the price of bitcoin drops to a low level and I think it is safe to invest. I also encourage my friends and relatives to invest in it for the sake of earning higher profits. I want my friends and relatives to be able to earn money lightly and save time

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September 24, 2018, 10:08:44 PM
 #279

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.
I would never do something like that, I'm not even willing to tell them to join this market when the market is going up and my logic is very simple, they do not really know anything about this market, they do not have the same knowledge that I have about how this market works, so the chances that they lose all their money in this market after just a few months is very high.
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September 24, 2018, 11:42:48 PM
 #280

Yes, of course. I tell a little about the opportunities that exist when the market goes down. And a little telling, what I got from trading cryptocurrency. However, I suggest you, not to force them. Because there is a big risk behind the profits that I get.

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