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Author Topic: Do you reccomend family and friends to join the market when it's crashing?  (Read 2886 times)
KotiKo
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September 19, 2018, 06:12:24 AM
 #121

I do not ad will never do it. I am aware that this kind of investments could take away the fortune in your life so I will never let them feel the sufferings in here even though they knew how much I could earn from this. If you really love your family I hope you don't drag them in this. I do tell them what am I doing in here and still supports me though even if I have lost more than I could gain.
But on the other hand, I do not want to deprive my friends of the opportunity to earn so well. I just give advice if they ask me, and then they make a decision on their own
shesheboy
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September 19, 2018, 06:19:15 AM
 #122

yes i will . this is the perfect time to invite them on joining the crypto because they can now afford to buy and invest on it when compared to last time .  but before we encourage them to join us , why cant we just do a short briefing about crypto . lets taught them that cryptos arent solution for earning a huge and easy profit because crypto arent built this way . cryptos main purpose is to give a good service when it comes to payment system .

In that way , they wont regret or panic anymore because they already know the real strory of cryptos.
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September 19, 2018, 06:51:43 AM
 #123

Well, that depends on the quality or character my friend or family has. Having them join in the crypto industry while the market is crashing or down is really a hard thing because they might just blame me if it continues to go down hard. But at least, it's better to let join while the market is crashing because it's really the best time to invest in crypto when the market is crashing.

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September 19, 2018, 06:58:21 AM
 #124

I will still recommend the people closest to me to continue to support and join the crypto currency and keep spreading the good news about bitcoin whatever the conditions are because I believe bitcoin will become a global currency that can compete with local currencies
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September 19, 2018, 07:09:01 AM
 #125

I have not thought that way, because to this day I am still focused on how to succeed in crypto or bitcoin investments that I am currently doing now. When I have succeeded and made a big profit through this investment, maybe I will try to recommend friends or family.
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September 19, 2018, 08:01:53 AM
 #126

if they are interested in this, then I can advise, not forgetting about all the risks. Purposefully advise on cryptography, I will not do this. Because in this, too, there is a risk.

bitcoindusts
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September 19, 2018, 11:45:12 AM
 #127

I think it is not worth investing when the price falls. It is very risky and you can lose your money and put the pig to friends and family.

Truly, it would be difficult to reel in family and friends to be investing in the market as the prices keep dipping. Yet again, if they have enough money to afford a substantial loss then don't forget that investors find the current market situation a good time to invest.

Since the economy dictates that current prices are of bearish season, good profits are surely to come once the season goes bullish. And this scenario you can try to explain to your well off family and friends as an investing opportunity. But it would be wise not to coerce them.
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September 19, 2018, 11:58:53 AM
 #128

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.
r

I definitely encourage them to invest in crypto when crashing as the prices are very cheap and they can afford to purchase good amount and will only hold for long until the value reaches the target amount

I only need to tell them how is the importance of the crash to invest than when the bullmarket is on the track
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September 19, 2018, 12:22:08 PM
 #129

If they are really interested in this sphere than why not. Just don't promise them instant and easy profit. Crypto is a long-term investment (as any investment)☝. Never invest in crypto more than you can afford to lose.
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September 19, 2018, 12:35:56 PM
 #130

If they are really interested in this sphere than why not. Just don't promise them instant and easy profit. Crypto is a long-term investment (as any investment)☝. Never invest in crypto more than you can afford to lose.
Honestly, I don't recommend to anyone about cryptocurrency because, I don't want to be blame when there's something not good happen once they invest to it. But I telling them where I get my money, and some of them are interested then they asking me how to be part of cryptocurrency world. And I telling them what I know but I let them to choose what coin they going to buy. I give an information if they asking me only like when to buy and what the right thing to do.

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September 19, 2018, 01:11:55 PM
 #131

no, definitely not now. investing in the cryptocurrency market is a risk. I'm willing to take risks because I believe in cryptocurrency,but I don't want to take responsibility and convince that the market will grow significantly.
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September 19, 2018, 02:14:50 PM
 #132

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.
It's a hard decision. The main problem is to make them understand that they should buy when the market is going down, not when it's going up, and there is a lot of psychology behind that, because we/they should behave on the opposite way the would normally act.
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September 19, 2018, 02:25:00 PM
 #133

Yes, I can. But this shall be a family member that has very deep understanding and basic knowledge of investment. Because investing at Dip gives you bunch opportunity to reap at Bull at the long run.

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satria33
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September 19, 2018, 02:30:27 PM
 #134

Explaining to family and friends that the crypto world like this, has a very high risk of losing what we have. and Not only teaches that this is an asset, but this is a trade that can make a profit.
Sponsoredby15
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September 19, 2018, 03:02:03 PM
 #135

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 will not suggest to encourage your love ones to join crypto space unless they have already learn the basic of cryptocurrency and how the market works. If you do that the tendency is they will blame you if their investment suddenly depreciate.
RomertL
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September 19, 2018, 03:26:10 PM
 #136

I think that it is not a good choice to recommend something for your friends. For me it is unacceptable to recommend so risky things. Unless they will ask you about this.


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Ryker1
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September 19, 2018, 03:34:04 PM
 #137

Yes, I can. But this shall be a family member that has very deep understanding and basic knowledge of investment. Because investing at Dip gives you bunch opportunity to reap at Bull at the long run.
Indeed, I'll still convince my friends and family to join the market even though it's crashing since it's a perfect time for them to buy in, just like you said there should be a basic knowledge when it comes to investment, it would be better if they have that, but if they don't it's still enough to convince them. You'll also guide them though that's why it's still okay.









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September 19, 2018, 04:47:32 PM
 #138

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 have not been trying to be someone who predicts or suggests something for a long time. In order to do this, you need to have full information about the current state of the market. And I do not have this.

KonstantinosM
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September 19, 2018, 04:51:33 PM
 #139

Well, if your recommendation is wise, there will be no problems.

If your recommendation is to sell their house and buy bitcoin because this f...er is going to the moon in 2 years, then you will have problems in 2 years. Most likely.


My recommendation is for them to buy a small amount during the dip so they can get to play with it and potentially get a discount on it.

My only real investment recommendation was to buy in at $8... No-one listened. It was "too expensive".

Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
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September 19, 2018, 05:02:46 PM
 #140

Yes I assure my younger brother is that when market is dumping and cheaper you may buy some altcoins and bitcoin issues that when market is bright green then you will get more profits.

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