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Author Topic: Can I recommend a friend to buy Bitcoin now?  (Read 3980 times)
Robinson66 (OP)
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July 26, 2021, 06:26:30 AM
Merited by OgNasty (1), Symmetrick (1)
 #1

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
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July 26, 2021, 07:32:53 AM
 #2

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?

If We know this coming ? surely we will sell all our Bitcoin now and buy again when it grows but we don't mate and none can answer that clearly.
Quote
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Who are you to tell him what to do when you are nothing different from newbies here? you are buying the words from comments here about manipulation when you dont even understand what does it mean?

Lucky your friend did not listen to you because for sure he will regret that in time, Bitcoin will increase more than what you expected trust me.

Quote
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
This market is only for tough people that does not Weak in mind and heart, and giving advice not to panic but he Himself shows to be a panicking .

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July 26, 2021, 07:53:28 AM
 #3

No please don't.

Bitcoin is not an investment and you shouldn't tell people to buy bitcoin because its price may go up. You should first learn about bitcoin yourself and see what the one and only decentralized currency in existence offers then if you liked the technology and had some basic understanding of it then introduce it as a currency to others who seek financial sovereignty.

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July 26, 2021, 08:23:43 AM
Merited by aoluain (2)
 #4

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

For me you should tell your friend to buy some Bitcoin now okay, cause we are now at 3rd quarter of this year and as you can see in the history of Bitcoin it will always pumping in the 4th or at last quarter of the year, but in the end it his choice, we are just giving him an advice Grin.
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July 26, 2021, 09:21:27 AM
 #5

Well, I will tell you to be very patient because I am expecting the price to rise to $37000 and fall back, but it has risen to $38000. I am not expecting any bull run again for now, if you are a swing trader, I will not advice you not to put money for now, but if you want to hold, the price of bitcoin will still very much increase more that this recent price, but it can take long, this will be suitable for holders to invest now if they like.

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July 26, 2021, 09:22:52 AM
 #6

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

It's really hard to give financial advise, believed me, been there that done.

What you can do is to explain to your friend that it is not a get rich quick scheme. The price is very volatile that in just matter of minutes you will see your portfolio going down and it will cause your friend panic for sure. It is not forbidden to enter the market and buy, it is the risk associated with it. And tell him in case he is willing to buy right now, "invest what he/she can afford to lose" in this market.
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July 26, 2021, 09:33:26 AM
 #7

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

Whales are everywhere not only in crypto space, they're always present in any form of investments and yeah they want to control the market but the reality is that they can't have the control over the market.
Your friend is FOMOing without even understanding how crypto market works, and that's considered as a wrong step of investment.
I've seen several new comers in crypto space who fail to make a profit because they're rushing to invest when the market is in an upward trend.
There's no wrong entry point in buying Bitcoin If you did your due diligence before putting your money.

R


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July 26, 2021, 09:37:13 AM
 #8

I would never recommend a friend /familiy member to invest into anything.
Agreed! Not only for friends and family, but in general: I don't give investment advice. I can give information, but it's up to them to make a choice.



Do you really have to spam a link in every post you make? I would have merited you if not for that link.

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July 26, 2021, 10:35:29 AM
 #9

Should've recommended buying when the prices were still around 29k or 30k USD but right now, it feels like going in is much riskier since the price could drop suddenly resulting in loss and buying right now and then maybe profiting a bit in the increase but your friend ends up getting greedy and goes for a bit more time before selling it.

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July 26, 2021, 01:45:48 PM
 #10

Don't just be provoked because FOMO we don't know if this will be a correction after the pump in today and usually they will throw it back to buy it so I think more wait and don't just watch when the pump is bought it can be one of the traps because of FOMO.
I prefer because I have stocked earlier than the specified price so I will now withdraw profit from the 38k figure I don't know in the future, for me this will still be a correction after this so we still have to pay attention to the market.

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July 26, 2021, 02:02:02 PM
 #11

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes.

Sudden price gain should not be your major deciding factor when jumping on the crypto-train. It is about long-term investing accompanied by actual learning. If one couldn't even begin to understand the basics then he will just surely lose.

Although everyone is happy but also worried, is it going to fall again?

If I can pin-point the exact time and date of when the price goes up and down then I will be raking cash in no time. However, one doesn't simply predict the trend but surely there are "supports" and "threshold" for certain price levels.

Conclusion:

1. Don't invest out of emotion.
2. Learn the basics.
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July 26, 2021, 02:07:33 PM
 #12

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?

Short term emotion-based trading is the sure recipe for losing money, really.

My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

Indeed, if one affords to buy (i.e. has money at hand he affords to lose), buying looks as a good option. Maybe a short look at DCA (dollar cost averaging) would also be of help. And Bitcoin price should rise, eventually (whether in days, weeks or years).
However, I would never suggest anyone to buy or sell; one has to decide for himself what he does with his own money.

Also if your friend intend to HOLD Bitcoin, learning its basics is a must, especially wallet safety; acquiring a hardware wallet may be also a good idea.

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July 26, 2021, 02:07:42 PM
 #13

Always recommend them Bitcoin but do not force them to buy let them make their own decision based on the merit of Bitcoin alone and not because of the price try to tell them this when you are recommending it to them.
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July 26, 2021, 02:37:52 PM
 #14

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
current conditions are still very good to buy, because bitcoin will continue to improve. afraid of falling in price, don't buy and try to join cryptocurrency, because the market is full of risks.
cryptocurrency is not a place for mentally weak people, afraid of falling, and afraid of losing.

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July 26, 2021, 03:20:59 PM
 #15

Always recommend them Bitcoin but do not force them to buy let them make their own decision based on the merit of Bitcoin alone and not because of the price try to tell them this when you are recommending it to them.

Exactly, as good friends of course we want to share profits, bitcoin has proven to be the best investment solution so recommending it to family, friends and people we know is a very good thing.

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July 26, 2021, 03:37:07 PM
 #16

Well, I will tell you to be very patient because I am expecting the price to rise to $37000 and fall back, but it has risen to $38000. I am not expecting any bull run again for now, if you are a swing trader, I will not advice you not to put money for now, but if you want to hold, the price of bitcoin will still very much increase more that this recent price, but it can take long, this will be suitable for holders to invest now if they like.
Usually a beginner always buys and advises it in the long term, bitcoin when it is still high and stays $38k there are two possibilities to continue the bullrun or go down it can happen at any time, so I better watch the situation don't just watch because it goes up $3k in For a moment it becomes carelessness if we suggest buying, so it is better to correct ahead and see an analysis of how the chart is heading and this will usually see a little stronger sentiment.

Advice to a friend who is a beginner, buy save bitcoins then go.

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July 26, 2021, 04:13:30 PM
 #17

Remember, don't buy because you're just afraid to miss "FOMO" because it's still possible that you will see that reality doesn't match what you expected. But buy when you already have a "technical or fundamental" analysis even though both will never guarantee a profit.

The fact is, bitcoin never goes up nonstop and you will see its price fluctuate all the time. I don't know how your friends feel after buying but the price is down, seem disappointing right?

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July 26, 2021, 04:34:21 PM
 #18

Do you think that this kind of market should be forbidden to enter or continue to buy?

Better option is DCA if you're not sure about the TA as i'm still bullish for short period of time until the crossover between 20 and 50 weekly MA is done. TBH, we could get into bear market if that crossover is done as we entered into bear market in previous bull seasons. One more thing, bitcoin will go up or down quickly because of whales or institutional investors. So, better watch out the support and resistance zone for short term trading. On the other hand, bitcoin is great for long term purposes, IMHO.

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July 26, 2021, 08:00:28 PM
 #19

Bitcoin continues to rise here is to hoping that it goes above 50k.
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July 26, 2021, 08:14:39 PM
 #20

Although everyone is happy but also worried, is it going to fall again?
Are you asking if it'll ever go downwards again? Well, probably it shouldn't be increasing forever. That would be economically unhealthy.

Do you think that this kind of market should be forbidden to enter or continue to buy?
I think that you should understand that the whole thing is by its design highly fluctuating. If you want to be included in this market by the mindset that you'll get richer I recommend you think otherwise. If you're interested in the technology give it a shot and who knows! You may realize that it's not just an investment that makes people richer.

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July 26, 2021, 08:46:46 PM
 #21

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
I will not advice anyone to invest in anything because in the end they will blame us for the loss even if they make the blunders without letting us know when they are making a sell order and so on. There is no doubt that whales are controlling the market and the movement might be because of huge investments coming in after Musk opened his mouth.

Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
It is your choice, understand the risk and take your positions, every market is like that and if you are smart enough you will enter when the market is bleeding and not when the market is rallying.
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July 26, 2021, 10:24:09 PM
 #22

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Just let him be because high tendency that you would really get blamed if the price would go down.Its his money and if they are trying to ask out then just say that invest on the amount that they can afford to lose.

Its really hard to determine on whats the next target or movement of bitcoin.We hadnt seen able to see some sentiments but having this movement isnt something that remarkable or shocking.

Moving 5-10% is something what we called normal day here on crypto specially with bitcoin.It might have been moving sideways for a while but it could shoot up its price without knowing.

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July 26, 2021, 10:33:41 PM
 #23

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Just let him be because high tendency that you would really get blamed if the price would go down.Its his money and if they are trying to ask out then just say that invest on the amount that they can afford to lose.

Its really hard to determine on whats the next target or movement of bitcoin.We hadnt seen able to see some sentiments but having this movement isnt something that remarkable or shocking.

Moving 5-10% is something what we called normal day here on crypto specially with bitcoin.It might have been moving sideways for a while but it could shoot up its price without knowing.

You can give piece of advice but the final decision should still be on your friend. Because whatever happens, you should not take the responsibility of his decision. It seems that they are pretty new on this market because they don't know what to do. And now, that they are seeing good movement in the market, they want to jump on board. But once it is going down again, they may blame you for telling them to buy. So don't give also false hopes, be realistic with things here.
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July 26, 2021, 10:44:18 PM
 #24

~
Just let him be because high tendency that you would really get blamed if the price would go down.Its his money and if they are trying to ask out then just say that invest on the amount that they can afford to lose.

Its really hard to determine on whats the next target or movement of bitcoin.We hadnt seen able to see some sentiments but having this movement isnt something that remarkable or shocking.

Moving 5-10% is something what we called normal day here on crypto specially with bitcoin.It might have been moving sideways for a while but it could shoot up its price without knowing.
You can give piece of advice but the final decision should still be on your friend. Because whatever happens, you should not take the responsibility of his decision. It seems that they are pretty new on this market because they don't know what to do. And now, that they are seeing good movement in the market, they want to jump on board. But once it is going down again, they may blame you for telling them to buy. So don't give also false hopes, be realistic with things here.

Those of us who first dive into the crypto world should indeed educate our friends or our family to start buying Bitcoin. Because we want
the people closest to us to feel the benefits we have gotten from investing in Bitcoin. But the way to educate them should not be forced,
if other people want to take advice from us, the method must be good. We only need to give important points about Bitcoin, let our friends
or family learn more and make their own decisions. Because they also buy Bitcoins they must first understand what they are buying, don't buy
because they are following our advice. So when they buy Bitcoin and the price suddenly drops it won't blame us, because they already understand
how Bitcoin works.

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July 26, 2021, 11:28:55 PM
 #25

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

We can't stop other individuals to prevent selling while market is trying to rise after previous fall. Buying on the dip is a good decision to do right now, and for those friends and colleagues that we seeks advice from us I recommend them buying while market still taking a strong momentum. Don't worry about the giant whales, they're exactly controlling the market and we only ride on their path.

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July 26, 2021, 11:37:22 PM
 #26

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Every price what you see is good to begin with and I'm sure you wouldn't want to start buying bitcoin at $60k right? that figure is accumulated by bitcoin for the past couple of  months so  you should tell your friend to start  take his position before the pump will continuously go on. I know we can see the down side  but as long as you don't get panic on  the situation and  would not dump your coins then  you are  not losing your money  invested with bitcoins.

R


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July 26, 2021, 11:58:07 PM
 #27

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Every price what you see is good to begin with and I'm sure you wouldn't want to start buying bitcoin at $60k right? that figure is accumulated by bitcoin for the past couple of  months so  you should tell your friend to start  take his position before the pump will continuously go on. I know we can see the down side  but as long as you don't get panic on  the situation and  would not dump your coins then  you are  not losing your money  invested with bitcoins.
Majority will be mindful on getting on cheapest price as possible this is why they do keep questioning on whats the possible bottom or the cheapest one because it cant really be denied that majority will

really be aiming to sell on shorter time frame or simply wants to get profits in a short time and wont be tending to hold for that long.

Tell him about the risk and decide for his own and just try to tell about the basics of this market and how volatile bitcoin or crypto is and at least he's aware of that.

R


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July 27, 2021, 03:34:13 AM
 #28

Should've recommended buying when the prices were still around 29k or 30k USD but right now, it feels like going in is much riskier since the price could drop suddenly resulting in loss and buying right now and then maybe profiting a bit in the increase but your friend ends up getting greedy and goes for a bit more time before selling it.
I agree the right time to hold on when the price of bitcoin falls given the current market conditions if the prices of currencies continue to go down investors will suffer a lot. The price of bitcoin is likely to rise towards the end of this year, if the price of Bitcoin rises then investors will now make a profit.
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July 27, 2021, 04:07:00 AM
 #29

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
let him invest on his own,just let him see your views but never ask them to invest because that will lead on blaming you if he losses. so Let Him do his thing and decide for His own .
there are many things that you must think off and let them do theirs, Why not find yourself on your own investment ? because this market volatility is not for others to risk but for ourselves .

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July 27, 2021, 04:11:59 AM
 #30

(....)
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
This is an example of FOMO (Fear Of Missing Out).
Look at now, Bitcoin dumped again because of humor that there was a market manipulation happened recently involving Amazon.
Recommending Bitcoin to other people is always a good idea, what is the best thing to recommend too is the method on how they accumulate or buy Bitcoins, like "dollar cost averaging" (DCA) method, it will help them to accumulate slowly especially if they don't want to go all in.

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July 27, 2021, 06:33:05 AM
 #31

Whatever they ask about the price fluctuation, you should not have an accurate answer for it.
Be on the safe side to avoid being blamed later on.
Tell them your history maybe. If you are still holding your bitcoin up until now then it should be enough reason to give them a positive reaction about it.
We don't know who manipulates it, we don't know if the market really reacts whenever they sell, we don't know how much amount they are holding to make the market move or not. No one knows.
You can recommend it but always tell them it's not your fault to whatever will happen in the future. They should still be responsible for what they are entering.
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July 27, 2021, 06:40:18 AM
 #32

Why recommend someone if that person doesn't know what they are investing in?
if they are not on this forum, it's a good idea to invite them to the forum to increase their knowledge about bitcoin and other altcoins. Don't rush before you understand the risks.
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July 27, 2021, 11:12:29 AM
 #33

up or down, the risk in owning bitcoin is still there. I suggest, if you want to invite your friends, or suggest someone to buy a coin, especially bitcoin, you should tell everything about it, such as risks and others, so that if something unexpected happens, he doesn't blame you. however, personally, I'm still trying to continue to take advantage of the current conditions.

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July 27, 2021, 12:12:34 PM
 #34

Why recommend someone if that person doesn't know what they are investing in?
if they are not on this forum, it's a good idea to invite them to the forum to increase their knowledge about bitcoin and other altcoins. Don't rush before you understand the risks.
It's just a recommendation meaning that the one that will be recommended will have to consider it and if they do like the recommendation, they will then decide what to do next. Nothing wrong with what OP says because OP is just trying to make some recommendations and it's not suggesting or forcing.
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July 27, 2021, 04:51:49 PM
Last edit: July 27, 2021, 05:19:00 PM by aoluain
 #35

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

For me you should tell your friend to buy some Bitcoin now okay, cause we are now at 3rd quarter of this year and as you can see in the history of Bitcoin it will always pumping in the 4th or at last quarter of the year, but in the end it his choice, we are just giving him an advice Grin.

This is almost right, we are in the year after a halving year which as per previous halvings
is a very bullish year. Also we are just after coming through a massive correction
phase and just yesterday  Bitcoins price crossed $40,000 after over a month being sub
$40k. The 3rd quarter of the year will be action packed.

I think its a good time for anyone interested to make a start in Bitcoin but they really
have to know how the FIAT value can change.

R


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July 27, 2021, 06:24:59 PM
 #36

According to me don't tell him directly to invest in bitcoin. Tell him to check out bitcoin, to know about bitcoin, tell him a deep research about it. Because i hope you will know that bitcoin has an unpredictable price history and it will be continues. Now without understanding him about this you tell him to invest and he done it all because of Trust on you. But after some time he saw he is in lose. Then he didn't understand anything and call you to tell the worst word. Because It's a matter of money and you can't understand him that time because he is in lose. Though he is profit he might be happy and buy more then down again bad language. But before that understand him about bitcoin. I think it will be great.
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July 27, 2021, 07:28:37 PM
 #37

According to me don't tell him directly to invest in bitcoin. Tell him to check out bitcoin, to know about bitcoin, tell him a deep research about it. Because i hope you will know that bitcoin has an unpredictable price history and it will be continues. Now without understanding him about this you tell him to invest and he done it all because of Trust on you. But after some time he saw he is in lose. Then he didn't understand anything and call you to tell the worst word. Because It's a matter of money and you can't understand him that time because he is in lose. Though he is profit he might be happy and buy more then down again bad language. But before that understand him about bitcoin. I think it will be great.
Would really be doing the same.I would suggest to make some research first before suggesting for him to invest so that you wouldnt really get blamed of when their investment
turns out to be bad and im a kind of person that wont really like to be get blamed and dont forget to give out the basics but when it comes to investment decisions
then it would really be still depending on him.All you do need to do is to give him the idea and be aware about the risk.Of course you could recommend bitcoin
to a friend but dont forget on telling the risk.

R


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July 27, 2021, 08:09:02 PM
 #38

I understand you are in doubt about this matter, because a common problem is that when bitcoin loses value people start complaining and blaming those who reffered them to invest in crypto currency, because they see on the news some people getting millionaire through bitcoin investment and become mad when things go on the opposite way for them.

In fact, they just need to understand those people we see on the news are early adopters who are probably holding since 2013 or rich investors who entered the market investing a big budget. The same probably won't happen to late investors holding for a year or so. Anyway it's a very sensitive subject that must be talked cautiously with your friends, otherwise it can also prejudice your relationship with them later if their experience with bitcoin is negative. That is why people say business is business.

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July 27, 2021, 11:32:21 PM
 #39

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。


You shouldn't be selling now, don't panic! Just be calm because one day we will harvest all the efforts that we had. This market should continue to grow, even our friends to should come and join with us for our future endeavors that enjoys the lucky profit.
Buying time is already their, we must embrace this biggest opportunity while btc still building it's momentum to become more stronger.
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July 27, 2021, 11:39:13 PM
 #40

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。


You shouldn't be selling now, don't panic! Just be calm because one day we will harvest all the efforts that we had. This market should continue to grow, even our friends to should come and join with us for our future endeavors that enjoys the lucky profit.
Buying time is already their, we must embrace this biggest opportunity while btc still building it's momentum to become more stronger.
If he's up for the profit then why not? Besides, Bitcoin is suddenly pumping right now due to the rumors that Amazon is accepting Bitcoin now. And if someone is holding for a long time then I think it's the right time to sell some after all those prices movement this is the right time to make some profit.

Anyway, I wouldn't say this is the right time to buy but if OP friend know what they were doing then it's totally fine. But do you think it's really the best time to buy? I mean, last year price is way more cheaper than today.

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July 27, 2021, 11:42:20 PM
 #41

Recommend them to buy once a month for the next 18 to 24 months and that should be fair amount so long as this isnt the only asset they own as its quite speculative.   To tell someone remotely what to do is tricky as we cannot know when they will want to sell or future capital demands they might have if any.   Only chance is to give them a very reasonable long term plan distributed over time vs risk and then discuss fundamentals and dynamics in commodity currency and technological developing markets.

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July 27, 2021, 11:43:50 PM
 #42

when paypal allows Bitcoin, I already told my sister to buy from Paypal just for her to taste how it feels to own Bitcoin. eventually, I've convinced her to register on exchange and buy there and send the btc to her private wallet.

i think yes. today is the right time to buy because every part of the world had already gone mad. btc coin could be the solution for her money to stay as a property when all things crumble especially if people can't withdraw money anymore from the banks.









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July 27, 2021, 11:51:57 PM
 #43

when paypal allows Bitcoin, I already told my sister to buy from Paypal just for her to taste how it feels to own Bitcoin. eventually, I've convinced her to register on exchange and buy there and send the btc to her private wallet.

i think yes. today is the right time to buy because every part of the world had already gone mad. btc coin could be the solution for her money to stay as a property when all things crumble especially if people can't withdraw money anymore from the banks.

Love the idea on when you convence your sister to buy bitcoin but also I'm not totally agree about word things crumble and people cannot withdraw their money from the banks since there's a law sorrounds and for sure anyone can take their money out on thay institution. If ypu mean about upcoming technology upgrade maybe yes but I think fiat will stay as there are other people who want to feel their wealth in their hands.

R


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July 28, 2021, 01:38:13 AM
 #44

Whatever they ask about the price fluctuation, you should not have an accurate answer for it.
Be on the safe side to avoid being blamed later on.
Tell them your history maybe. If you are still holding your bitcoin up until now then it should be enough reason to give them a positive reaction about it.
We don't know who manipulates it, we don't know if the market really reacts whenever they sell, we don't know how much amount they are holding to make the market move or not. No one knows.
You can recommend it but always tell them it's not your fault to whatever will happen in the future. They should still be responsible for what they are entering.
Yes, we should not tell our friends when to buy or sell. We can tell them our personal views, and then let them consider for themselves, because if the currency keeps falling but not rising, your friends may put the blame on you. In the past few days, I also chatted with my friends a few words about cryptocurrency.
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July 28, 2021, 02:09:33 AM
 #45

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。


You shouldn't be selling now, don't panic! Just be calm because one day we will harvest all the efforts that we had. This market should continue to grow, even our friends to should come and join with us for our future endeavors that enjoys the lucky profit.
Buying time is already their, we must embrace this biggest opportunity while btc still building it's momentum to become more stronger.
If he's up for the profit then why not? Besides, Bitcoin is suddenly pumping right now due to the rumors that Amazon is accepting Bitcoin now. And if someone is holding for a long time then I think it's the right time to sell some after all those prices movement this is the right time to make some profit.

Anyway, I wouldn't say this is the right time to buy but if OP friend know what they were doing then it's totally fine. But do you think it's really the best time to buy? I mean, last year price is way more cheaper than today.
Buying on dips is everyone's habit. Recently, the price of Bitcoin has fluctuated due to Amazon. We can tell our friends about our suggestions, but we should let our friends make their own decisions. Bitcoin is a long-term asset and does not need to be traded frequently. I do not recommend selling at this stage.
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July 28, 2021, 03:13:57 AM
 #46

You and your friends should have just entered the market recently. If you are not prepared, you should not suggest to others in this area unless you trust enough, because you are only making suggestions, and how to choose depends on your friend's own ideas. Did your friend hear that you didn't buy it? I think your friend should regret it a bit now.
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July 28, 2021, 04:11:08 AM
 #47

Only recommend it if your friend is willing to hold it over the long run.

And make sure to recommend that he DCA his way into his position - i.e., don't put all of his capital base in all at once. That increases the likelihood of him buying at market top exponentially. Instead, suggest that he dollar cost average.

It is almost guaranteed that BTC will be more expensive 4 years from now due to its disinflationary nature, and the halving in 2024. The problem is we don't know exactly when the bottom will be in this bear market, or whether this is a bear market at all. Averaging cost is a great way to ensure that you don't get ripped either way.
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July 28, 2021, 05:48:56 AM
 #48

You and your friends should have just entered the market recently. If you are not prepared, you should not suggest to others in this area unless you trust enough, because you are only making suggestions, and how to choose depends on your friend's own ideas. Did your friend hear that you didn't buy it? I think your friend should regret it a bit now.

At 30k I was little reluctant to suggest it because if it had fallen a bit more than could ended by in 20-25k as per me. But now since btc has started to upswing now and almost nearing 40k, so the bounce back seems to have started and would invest in it if somebody is looking to make. Just keep some capital to invest in 3-4 tranches on dip just in case rather than investing at one go.

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July 28, 2021, 07:01:33 AM
 #49

Buying on dips is everyone's habit. Recently, the price of Bitcoin has fluctuated due to Amazon. We can tell our friends about our suggestions, but we should let our friends make their own decisions. Bitcoin is a long-term asset and does not need to be traded frequently. I do not recommend selling at this stage.
We do not have to force them to follow our suggestion but we can teach them how to determine the time to buy bitcoin. Besides that, we need to tell them to learn about when the time to enter the market and always remind them that the price will change every day so they do not have to panic if they see the price is down. Do not forget to suggest that he invest in bitcoin with the money that he can afford and never use all of his money to just invest in bitcoin, especially for the money that he uses for his daily.

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July 28, 2021, 02:01:40 PM
 #50

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

Why not? This is a good idea, bitcoin has proven to be the most profitable investment for me, in 2015 I bought $650 btc and I held it for almost a year and I got profit more than 150%, since it I am not afraid to invite my friends/families to buy bitcoin and there are some who was successful and thanked me.
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July 28, 2021, 02:22:03 PM
 #51

I would always stay away from recommending what to invest to other people. Let them make their own decisions. Nearly all of my friends know that I have been involved in crypto at one point or another and I have been doing it for over 8 years now, if they were smart enough they would have gotten in at some point but they didn't, which means they have lost that chance. I do not have to go out there and tell everyone to buy bitcoin, I tell them I am invested and that is good enough, after that they have to make their own decision.

I even had friends ask me if they should invest or not and I told them I can't make that decision for them specifically, if they really want to invest then they will invest and if they do not want to invest or not sure then they won't but I will not be making that decision for them. It is simple, if they lose, they will blame you and I am not fine with that.

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July 28, 2021, 03:46:28 PM
 #52

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

Why not? This is a good idea, bitcoin has proven to be the most profitable investment for me, in 2015 I bought $650 btc and I held it for almost a year and I got profit more than 150%, since it I am not afraid to invite my friends/families to buy bitcoin and there are some who was successful and thanked me.

Your personal experienced will serve as good reference for people who you going to invite, if you have good success within this business
recommending wont' be hard for you as you can let them realized how valuable this investment and how good it can turned along the way.

Truly a good opportunities to buy now and allow them to explore for more, if they are into trading or investing there are many other options for them.
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July 28, 2021, 04:05:13 PM
 #53

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Why not? This is a good idea, bitcoin has proven to be the most profitable investment for me, in 2015 I bought $650 btc and I held it for almost a year and I got profit more than 150%, since it I am not afraid to invite my friends/families to buy bitcoin and there are some who was successful and thanked me.
Your personal experienced will serve as good reference for people who you going to invite, if you have good success within this business
recommending wont' be hard for you as you can let them realized how valuable this investment and how good it can turned along the way.

Truly a good opportunities to buy now and allow them to explore for more, if they are into trading or investing there are many other options for them.

It's easier to convince other people to buy Bitcoin, if indeed we have experience getting big profits from investing in Bitcoin. We just need
to show our success portfolio to our friends, he will definitely be influenced and want to follow in our footsteps. But don't let our friends
invest unsupervised, because beginners are likely to make the wrong decision. If our friend fails, he will surely blame us, therefore teach
our friend at least basic  knowledge about Bitcoin investment. And guide until our friends understand how to analyze the market correctly.

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July 28, 2021, 05:19:32 PM
 #54

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If you want calls every 5 minutes about how bitcoin is dropping then you can definitely recommend it. I once did it, never have done it ever in my entire life and will never do it, but during 2017 peak periods I have helped a friend of my friend to buy bitcoin, which ended up with him losing a lot of money as expected, after all bitcoin dropped from 20k to 3k and during that period he got out at around 10k or so, which means he lost 50% for buying bitcoin.

It wasn't a huge deal, it was just 1000 dollars and when you lose half of that it is 500 bucks, he was a lawyer and he made that money back very quickly, probably in a week but at least it was some loss. During all of that fall I constantly got phone calls, messages and eventually after he got out, constant bickering and mocking about bitcoin. I have seen him during that 64k period and I started to mock him this time around, but that 1 year was definitely annoying.
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July 28, 2021, 06:45:10 PM
 #55

We do not have to force them to follow our suggestion but we can teach them how to determine the time to buy bitcoin. Besides that, we need to tell them to learn about when the time to enter the market and always remind them that the price will change every day so they do not have to panic if they see the price is down. Do not forget to suggest that he invest in bitcoin with the money that he can afford and never use all of his money to just invest in bitcoin, especially for the money that he uses for his daily.
The hardest part to convince them not to buy whenever it is at the top. A friend of mine asked me if he should buy bitcoin when it was 50+ thousand dollars, I do not remember what it was exactly, either 54 or 58 and I told him not to do it at all, it would be way too risky. Then the price went to 60-61 and he did it anyway, he said I didn't know any better and bought bitcoin, and now we mock about it all the time and joke around how he did a big mistake and didn't listen to me at all.

However even though we joke about it, I still feel bad about it, like why did he not listen to me? Why was I not clear enough to him that it is too dangerous to buy at these prices? It is obvious that it is not profitable to buy at the top and only buy when it is super low, but for some reason when people see it going up they decide that is when they should buy to make the most profit.

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July 28, 2021, 07:36:28 PM
 #56

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Why not? This is a good idea, bitcoin has proven to be the most profitable investment for me, in 2015 I bought $650 btc and I held it for almost a year and I got profit more than 150%, since it I am not afraid to invite my friends/families to buy bitcoin and there are some who was successful and thanked me.
Your personal experienced will serve as good reference for people who you going to invite, if you have good success within this business
recommending wont' be hard for you as you can let them realized how valuable this investment and how good it can turned along the way.

Truly a good opportunities to buy now and allow them to explore for more, if they are into trading or investing there are many other options for them.

It's easier to convince other people to buy Bitcoin, if indeed we have experience getting big profits from investing in Bitcoin. We just need
to show our success portfolio to our friends, he will definitely be influenced and want to follow in our footsteps. But don't let our friends
invest unsupervised, because beginners are likely to make the wrong decision. If our friend fails, he will surely blame us, therefore teach
our friend at least basic  knowledge about Bitcoin investment. And guide until our friends understand how to analyze the market correctly.
Not that really a suggested thing since it would just motivate him to follow your path but at least as a friend or someone who do introduce bitcoin into him then always attached or make him know about

the risk behind and not just introducing him into some sort of hype or something because once those expectations would be broken then they would be finding you to be blamed on.

Just tell them about the potential but also tell them about the risk so that they would really be aware somehow and would clean up your hands when they lost up and you had given some warning.

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July 28, 2021, 11:17:49 PM
 #57

While the price has the chance to rise even better right now $40k as a entry level will be good, so recommending this to a friend is good. Don't have doubts to share as long as you see better days that coming our way, who knows someday your friend will thank you or even give you some gift of appreciations. Perhaps, bitcoin as an asset has no hidden agendas compared with ponzi scheme business which used cryptocurrency currency as their frontline.

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July 29, 2021, 12:12:26 AM
 #58

This is the difficulty with the market. Experts who are good at predicting the stocks weren't able to make precise prediction about the bitcoin price. This is all because of the unpredicted changes happening through the speculative means. Bitcoin has got its own growth pattern and it also needs supportive system. The support system are the manipulators, whales and finally common investors.

Rather than giving suggestions on buying make him know well about the market before he steps into the investment. If he's interested just suggest him to invest what he's afford to loss/suggest to invest on a monthly basis a small amount with long term focus.

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July 29, 2021, 12:21:45 AM
 #59

We do not have to force them to follow our suggestion but we can teach them how to determine the time to buy bitcoin. Besides that, we need to tell them to learn about when the time to enter the market and always remind them that the price will change every day so they do not have to panic if they see the price is down. Do not forget to suggest that he invest in bitcoin with the money that he can afford and never use all of his money to just invest in bitcoin, especially for the money that he uses for his daily.
The hardest part to convince them not to buy whenever it is at the top. A friend of mine asked me if he should buy bitcoin when it was 50+ thousand dollars, I do not remember what it was exactly, either 54 or 58 and I told him not to do it at all, it would be way too risky. Then the price went to 60-61 and he did it anyway, he said I didn't know any better and bought bitcoin, and now we mock about it all the time and joke around how he did a big mistake and didn't listen to me at all.

However even though we joke about it, I still feel bad about it, like why did he not listen to me? Why was I not clear enough to him that it is too dangerous to buy at these prices? It is obvious that it is not profitable to buy at the top and only buy when it is super low, but for some reason when people see it going up they decide that is when they should buy to make the most profit.
Yeah, I got that experience because that is happening to me many times. It feels like we see the price tend to go high and we suggest they buy now, but they did not do that, and then the price increases so high. They regret not buying bitcoin as we suggest and then they tried to buy with the current price and suddenly the price is down a lot and make a correction and stay at a low price for some time.

We can only suggest when to sell and buy, but we can not force them to follow exactly what we suggest. After that moment, we joke about it, but there is no anger between us because we know that friends can only suggest that the rest will be up to them.

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July 29, 2021, 01:28:31 AM
 #60

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Don't wait. Just be bullish and buy BTC. 40K area is still a good buy. I can't see it go below 40K anymore and most probably a 50K mark by next month is achievable. We're getting back on track and correction season is probably done already. Buy responsibly.
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July 29, 2021, 02:36:34 AM
 #61

I think it's a bit late, but it wouldn't hurt if it did start to re-enter, it still provides a high chance in the long-term investing, we all know it's bound to touch $60k again.
Not only in terms of investing, of course we can also share other information related to bitcoin today, there are many other opportunities to encourage finance.
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July 29, 2021, 03:09:27 AM
 #62

If he really wants to invest then let him be, its never too late. However before he do that give him advice to know what he is getting into so he wont blame you incase something bad happen.

An investor with knowledge before engaging himself can understand the worse cases that might happen along the way and can wait longer since its part of the process.

We can invest anytime as long as we can take the risk, the market is high volatile and we cant expect btc to consistently increase, correction is inevitable too.

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July 29, 2021, 06:01:17 AM
 #63

If he really wants to invest then let him be, its never too late. However before he do that give him advice to know what he is getting into so he wont blame you incase something bad happen.
This is true, I'd learn a lesson from here since one of my friend blames me for his losses. Anyway, you have to tell to your friend every details about cryptocurrency if you really want to help them and explain the risk of investing but never force him to buy let him decide to avoid this problem.

The price is still low compare to it's all time high, though there's a chance for the price to go down again so for me it's not too late yet, you just have to see your best entry price and set-up your target price. Bitcoin will continue to rise over time, if your friend willing to hold, then it's good if he will buy now.

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July 29, 2021, 07:37:31 AM
 #64

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
No one knows literally but falling is part of rising so there is a fall before rising and there is rising followed by falling.
Quote
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
you are forbidding them from profiting? you dont want them to invest now? who are you?

bitcoin is the most profitable investment of all and that is already proven.

Quote
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
if you are in this market with that behavior and attitude then best to leave this market now.

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July 29, 2021, 07:40:24 AM
 #65

I don’t think it is ever to late to buy Bitcoin, I keep on encouraging more family members and friends to buy. I also do my part to teach my family and friends the benefits of buying Bitcoin. Also benefits as well as how you can start storing wealth using Bitcoin.

The potential for an increase can occur at any time, and now the market continues to skyrocket so the price has gone up more than 24% in a week. if we think back by comparing the price of bitcoin now with a year or 10 years ago of course we will continue to regret it, it's better to start immediately and dare to take risks to get big profits.


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Twinscoin2017
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July 29, 2021, 10:56:16 AM
 #66

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Let your friends know more about bitcoin, Bitcoin is not that safe as an ordinary investment and we don't really know when it will fall or rise. We all can invest but we need to invest an amount that we can afford to loss no one stoping us if we wanted to invest on it but I think we need to be careful or smart because of bitcoins high volatility.
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July 29, 2021, 11:54:33 AM
 #67

As long as you don't meddle with the decision, it's alright to recommend your friend to buy bitcoin. Given that the prices are going up right now you have to be prepared to be blamed for when the prices go down while your friend is still hodling and have bought at a higher price.

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July 29, 2021, 02:35:16 PM
 #68

I don't know why you have to suggest investment in bitcoin to anyone. You know, people want to get rich overnight, so, if anything bad happens, they'll blame you and tell you that you are stupid who knows nothing and it's a fault that they believed in you, etc.

If bitcoin is far from its All-time high, then it's always a good moment to enter the market if you think about the long-term benefits/profits and at the moment it's really far from it. ATH was roughly 65K, right now it's roughly 40K. Here you see the 25K Difference, right? So it's the way to go. If we have a look at 2017, then we should expect to see 100K Bitcoin's price or an even higher one.

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July 29, 2021, 02:39:09 PM
 #69

I don’t think it is ever to late to buy Bitcoin, I keep on encouraging more family members and friends to buy. I also do my part to teach my family and friends the benefits of buying Bitcoin. Also benefits as well as how you can start storing wealth using Bitcoin.
Sound like a very good thing to do. But I hope you also need to explain what the risk of investing in bitcoin are so that they also know that apart from this investment having benefit or profit, they will also know that there are risk that always lurk. Also, I think anyone can buy bitcoin at any time if the goal is to save their money in bitcoin and this can prevent tension when the price down. If they buy because they want to make a profit, then they should buy because of good analysis.

I don't know why you have to suggest investment in bitcoin to anyone. You know, people want to get rich overnight, so, if anything bad happens, they'll blame you and tell you that you are stupid who knows nothing and it's a fault that they believed in you, etc.
There is nothing wrong with suggesting people to buy bitcoin because that is one attitude that seem to support bitcoin to continue growing, but at least they should be able to explain the risk involved in this investment well so that people will consider it for themselve before making a decision.

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July 29, 2021, 02:54:08 PM
 #70

But you must also be able to explain the risks of investing to your friends and must have a clear investment pattern and target, whether short term, medium-term or long term. In addition, if your friend intends to buy bitcoin, it's a good idea to understand this cryptocurrency first. So, no regrets after that.
That's what I was thinking too, OP has to also explain to his/her friend the risks involved in investing bitcoin because there's a possibility of being blamed for recommending bitcoin because the friend didn't know the risks involved. If I were to recommend bitcoin to a friend, I also have to ask them of their risk tolerance and if they can hodl for a really long time.
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July 29, 2021, 02:59:28 PM
 #71

But you must also be able to explain the risks of investing to your friends and must have a clear investment pattern and target, whether short term, medium-term or long term. In addition, if your friend intends to buy bitcoin, it's a good idea to understand this cryptocurrency first. So, no regrets after that.
That's what I was thinking too, OP has to also explain to his/her friend the risks involved in investing bitcoin because there's a possibility of being blamed for recommending bitcoin because the friend didn't know the risks involved. If I were to recommend bitcoin to a friend, I also have to ask them of their risk tolerance and if they can hodl for a really long time.

I don't think it's necessary to continue discussing the risk to you because it makes your friends continue to panic and be afraid to invest. It's a good idea to explain strategies and steps to play cryptocurrencies properly and correctly. when exactly to buy and when exactly to sell.
I think if it's like this, your friends will be easy to understand and interested in investing.

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July 29, 2021, 04:17:54 PM
 #72

The truth is that I have always recommended my friends to buy BTC, very few have listened to me, in the same way what I do now is send them links to articles so that they themselves through reading know that it is something safe, in fact one of them sent me this very interesting article:

Bitcoin traders need to know about this ‘very bullish thing’

Quote
Trader and analyst, Scott Melker, in a recent video highlighted that around December 2020, Bollinger Bands were tight, then in April 21 bands had constricted again. Interestingly, through this entire month, bands were really tight; previously when this happened in December (2020) and April (2021) it ‘led to a volatile explosive move’ shown by BTC’s price. Melker further called this tightening and recent opening up of bands a ‘very bullish thing.’


Source: https://ambcrypto.com/bitcoin-traders-need-to-know-about-this-very-bullish-thing/

I think there are plenty of reasons to recommend buying bitcoin to a friend, however it is good to recommend backups like these.

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July 29, 2021, 10:06:57 PM
 #73

so what if there are now giant whales that control the market .
 cant you see you and me are still here . you arent scared so why will you stop your friend ? your friend seems willing to try btc and if he loose , he will not blame you straight but he wont lose easily because you are there to guide him .
whales are not new in the market and even if they are here , the market still moves the same ( up and down ) and we can make use either of the two situation to benefit .
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July 29, 2021, 10:20:11 PM
 #74

Whales will always be in the market and unlike us they are more interested in long-term gains of crypto and will always have the power to control the markets using their huge share of coins, and that shouldn't scare you..

Bitcoin price is on the higher side but if your friend doesn't mind the risk then he would consider this to be a good investment and just to diversify the portfolio some altcoins could be considered too.
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July 29, 2021, 10:45:54 PM
 #75

Whales will always be in the market and unlike us they are more interested in long-term gains of crypto and will always have the power to control the markets using their huge share of coins, and that shouldn't scare you..

Bitcoin price is on the higher side but if your friend doesn't mind the risk then he would consider this to be a good investment and just to diversify the portfolio some altcoins could be considered too.
He should tell him about the risk and the potential that he would might ending up on holding that long because this market cant really be predicted on when it would rise up its price.

Its not bad to make out some recommendations to someone but you should be that responsible on telling the risk because this investment isnt something giving out guarantee to make profits

unless if you do hold for long term then you might have a chance.Just tell him that invest on the money that he could afford to lose.

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July 30, 2021, 02:54:57 PM
 #76

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
You can recommend your current investment to a friend who understands the risks in the crypto market, otherwise he will blame you during the dump market conditions and not understand the real market movement patterns before the bull market.

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July 30, 2021, 03:59:10 PM
 #77

You can recommend your current investment to a friend who understands the risks in the crypto market, otherwise he will blame you during the dump market conditions and not understand the real market movement patterns before the bull market.
Price volatility is volatile and can change at any time of the day. Recommending the purchase to people who don't understand how the market works may be far more dangerous for them if expectation don't match reality. It's okay to recommend buying as long as it detail what risks may be caused by volatility. This requires it to have responsibility after purchase so you are not blamed.

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July 30, 2021, 04:11:23 PM
 #78

There is never a wrong time to recommend to a friend that they start buying bitcoin.  Anyone at the entry level needs to understand you won't get rich overnight with bitcoin, and, holding for many years might seem good, all it does is take those funds away from someone who might want to use bitcoin for what it was intended - as a method of secure online payment.

That said, get your friend buying $10, $25, $100 at a time - regular savings bought weekly/fortnightly/monthly during the dips and surges alike.

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July 30, 2021, 06:36:12 PM
 #79

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Specially after reaching this 40k levels, I do not think that it would be wise to invest into something that already increased so much. I would assume that 30k could have been a decent place to start, at least the friend would have a profit already and if he wants to get out he could have, and if he doesn't want to get out they could just wait for it to go higher and higher and even if it falls for a while they would be still in profit which is why they would be able to wait for it to keep going up in the future without being in negative.

However now that we are higher now, I do not think that it makes sense to make a profit based on what I am seeing now, there is a chance we could drop from here, not too much, not under 30k again for a while, but I do not see it going over 40k+ too much, not a 45k price or something anytime soon, I believe that won't happen.
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July 30, 2021, 08:14:37 PM
 #80

You can recommend it of course. Because the market is still rising. People can see it as a good opportunity to buy not to miss this new rally. But still, I think that it'd not be good to give some investment advices to anyone. People should decide by themselves about what to do.

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July 30, 2021, 08:59:35 PM
 #81

You can recommend it of course. Because the market is still rising. People can see it as a good opportunity to buy not to miss this new rally. But still, I think that it'd not be good to give some investment advices to anyone. People should decide by themselves about what to do.
Let them decide for themselves about their investment.The thing you can do here is to tell the basics and risks about bitcoin investment and you wont tend to force up on investing into it
but i cant really blame majority of people would suggest out because it does really have that potential.

You can tell the pros but you can tell the cons as well and let them decide for themselves so that you wont really get blamed when the market turns out to be bad.

Tell them about volatility and when they do hear out then they do have at least the idea.

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July 30, 2021, 10:29:15 PM
 #82

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Does your friend know about all the risks associated with investment in bitcoin? If yes, then yeah, tell him to invest. If he can afford, why wait for the price to crash? You don't know if the price is going to crash or not. There were people who wanted to invest in bitcoin when it went as low as $29,000 USD, but they didn't because they thought it would go even lower to almost $25,000 USD. Did it happen? Nope. They just missed their chance to make some nice profit. If you think it will go lower, then just invest a little now. When it goes down, invest more.

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July 30, 2021, 10:37:15 PM
 #83

Do you think that this kind of market should be forbidden to enter or continue to buy?
Why forbidden to enter? For those people who know the crypto market nature, they must realize this time is a good time to buy. But make sure to buy at the right time and at the right price. For Bitcoin, I think we are better to buy below $40k, maybe around $35k - $38K if there is a decline in the next few days. Bitcoin already experienced a long time for sideways and bearish in the last few months, I am sure there will be a good time for Bitcoin in Q4 of this year.


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July 31, 2021, 03:47:52 PM
 #84

Why forbidden to enter? For those people who know the crypto market nature, they must realize this time is a good time to buy. But make sure to buy at the right time and at the right price. For Bitcoin, I think we are better to buy below $40k, maybe around $35k - $38K if there is a decline in the next few days. Bitcoin already experienced a long time for sideways and bearish in the last few months, I am sure there will be a good time for Bitcoin in Q4 of this year.
We have to be patient to wait for the right momentum if we want to buy it at a lower price but if we want to invest long term then now we have the opportunity to net at $38k when resistance occurs, I think the market will recover soon so have to make a decision before it's too late to wait for the bullish to come.

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July 31, 2021, 09:59:03 PM
 #85

We have to be patient to wait for the right momentum if we want to buy it at a lower price but if we want to invest long term then now we have the opportunity to net at $38k when resistance occurs
Sure, we should be patient to wait for the right time to buy. $38k is still possible if there will be a dump, but it is unlikely to happen this weekend. Maybe it will take two or three days for the next decline time. But I suggest not buying for the long term, it is time to buy for a short-term target. if you want to buy for the long term, you are better to wait for the bearish season. Then, you can buy Bitcoin at a very cheap price. While today, we are still in bullish season, just focus on buying for the short term.


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July 31, 2021, 10:00:03 PM
 #86

There's no foolproof way for us investors to know when the market will rise and fall, best we could do is formulate speculations and predictions based on the movement of the market and nothing else. What I suggest you do is inform him/her instead of bitcoin and give him an expectation that bitcoin is not something that you could get a quick buck from whenever you so please. There's a huge margin of loss here that some people may not be able to afford, so only advise someone to invest if you are positive they can weather the losses they will potentially incur while on this run.
You can recommend it of course. Because the market is still rising. People can see it as a good opportunity to buy not to miss this new rally. But still, I think that it'd not be good to give some investment advices to anyone. People should decide by themselves about what to do.
Advices are one thing, I've been told about cryptocurrencies by a friend of mine too and I can never be less grateful that he did so because it certainly had become a life-changer for me. What is always important is setting an expectation that this is not always rainbows and unicorns, there is risk of loss that everyone from the smallest investors to the biggest bagholders are susceptible from.



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July 31, 2021, 10:22:25 PM
 #87

The market is free for everybody so if you're friend is asking you to recommend him buying bitcoin, you should just tell him buy if he wants to buy at the top but advise him to buy whenever he thinks that he's prepared.

There's a long series of dips but no one will really look at that opportunity especially those that don't look the market as if it's the best time to buy by those times. I'm done recommending my friends to buy bitcoin, I've not talked to them about bitcoin anymore even if they ask to because I'll be blamed if they don't make a profit and sees its price go down.

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July 31, 2021, 10:30:01 PM
 #88

We have to be patient to wait for the right momentum if we want to buy it at a lower price but if we want to invest long term then now we have the opportunity to net at $38k when resistance occurs
Sure, we should be patient to wait for the right time to buy. $38k is still possible if there will be a dump, but it is unlikely to happen this weekend. Maybe it will take two or three days for the next decline time. But I suggest not buying for the long term, it is time to buy for a short-term target. if you want to buy for the long term, you are better to wait for the bearish season. Then, you can buy Bitcoin at a very cheap price. While today, we are still in bullish season, just focus on buying for the short term.



But what if the right time is now and bitcoin will go pump again upto $60,000 or even more? Then his friend will miss to buy and got his at more expensive price right? Maybe it's good to buy but make sure you do it because you use it on investments to make your bitcoins grow but if you buy just because to hodl then it will give you a lot of stress since market moves unexpectedly it can go up and down any time or shall we say any minute.

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July 31, 2021, 11:40:56 PM
 #89

We have to be patient to wait for the right momentum if we want to buy it at a lower price but if we want to invest long term then now we have the opportunity to net at $38k when resistance occurs
Sure, we should be patient to wait for the right time to buy. $38k is still possible if there will be a dump, but it is unlikely to happen this weekend. Maybe it will take two or three days for the next decline time. But I suggest not buying for the long term, it is time to buy for a short-term target. if you want to buy for the long term, you are better to wait for the bearish season. Then, you can buy Bitcoin at a very cheap price. While today, we are still in bullish season, just focus on buying for the short term.



But what if the right time is now and bitcoin will go pump again upto $60,000 or even more? Then his friend will miss to buy and got his at more expensive price right? Maybe it's good to buy but make sure you do it because you use it on investments to make your bitcoins grow but if you buy just because to hodl then it will give you a lot of stress since market moves unexpectedly it can go up and down any time or shall we say any minute.
Always tell him on about the risk and only invest on the amount that he could afford to lose and its true that bitcoins price is starting to show up some recovery
and they would surely be having that regret when they do missed out on buying while its still cheap.Its just a matter of choice though because we do have
different decisions towards investment.Just tell him about the risk and the basics on how market do behaves and the possibility on making profits
and the rest, leave it as it is and let him be on what would be his next move.

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July 31, 2021, 11:43:26 PM
 #90

There is never a wrong time to recommend to a friend that they start buying bitcoin.
There should be a wrong time, don't deny it. If he suggests his friend buying when the market looks like to start a bearish season, it is a very bad idea. I don't know how good the understanding of his friend about crypto market and Bitcoin investment is. But since he asked for a suggestion, it means he still has a lack knowledge to determine the price to buy. Robinson66 must be careful to suggest buying time for his friend.

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July 31, 2021, 11:51:30 PM
 #91

We have to be patient to wait for the right momentum if we want to buy it at a lower price but if we want to invest long term then now we have the opportunity to net at $38k when resistance occurs
Sure, we should be patient to wait for the right time to buy. $38k is still possible if there will be a dump, but it is unlikely to happen this weekend. Maybe it will take two or three days for the next decline time. But I suggest not buying for the long term, it is time to buy for a short-term target. if you want to buy for the long term, you are better to wait for the bearish season. Then, you can buy Bitcoin at a very cheap price. While today, we are still in bullish season, just focus on buying for the short term.
But what if the right time is now and bitcoin will go pump again upto $60,000 or even more? Then his friend will miss to buy and got his at more expensive price right? Maybe it's good to buy but make sure you do it because you use it on investments to make your bitcoins grow but if you buy just because to hodl then it will give you a lot of stress since market moves unexpectedly it can go up and down any time or shall we say any minute.
Always tell him on about the risk and only invest on the amount that he could afford to lose and its true that bitcoins price is starting to show up some recovery
and they would surely be having that regret when they do missed out on buying while its still cheap.Its just a matter of choice though because we do have
different decisions towards investment.Just tell him about the risk and the basics on how market do behaves and the possibility on making profits
and the rest, leave it as it is and let him be on what would be his next move.

I agree with you that it is very important to tell him about the risks involved when buying Bitcoin. Don't just promise him the big profit he will make,
we do need to explain in detail the positives and negatives that will be faced if someone decides to buy Bitcoin. So that when Bitcoin does not move
as expected, we are not blamed for recommending buying Bitcoin.

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August 01, 2021, 03:18:14 AM
 #92

The market is free for everybody so if you're friend is asking you to recommend him buying bitcoin, you should just tell him buy if he wants to buy at the top but advise him to buy whenever he thinks that he's prepared.

There's a long series of dips but no one will really look at that opportunity especially those that don't look the market as if it's the best time to buy by those times. I'm done recommending my friends to buy bitcoin, I've not talked to them about bitcoin anymore even if they ask to because I'll be blamed if they don't make a profit and sees its price go down.
Yes, I also have friends like that. they think that investing in bitcoin will only always be profitable. in fact, he would have benefited if he held back until now. however, I don't think he was ready for the downturn and quickly sold the bitcoins he bought when he saw his assets go down like a waterfall Grin

however, we can suggest our friends buy bitcoins or altcoins any time. however, before that, educate them about the benefits as well as the risks.

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August 01, 2021, 12:38:53 PM
 #93

If you are already successful in crypto investment maybe you can recommend your friends to buy bitcoin. It's not too late for your friends who want to get in and try playing crypto assets. The prospect of crypto assets in the future will continue to rise. Moreover, bitcoin is currently also being looked at as an investment instrument compared to a few years ago. But, you still have to be careful, after all, crypto assets are still relatively new. The reason is, fluctuations in crypto assets are very sharp. So you should already have enough knowledge before deciding to try.

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August 01, 2021, 02:57:57 PM
 #94

If you are already successful in crypto investment maybe you can recommend your friends to buy bitcoin. It's not too late for your friends who want to get in and try playing crypto assets. The prospect of crypto assets in the future will continue to rise. Moreover, bitcoin is currently also being looked at as an investment instrument compared to a few years ago. But, you still have to be careful, after all, crypto assets are still relatively new. The reason is, fluctuations in crypto assets are very sharp. So you should already have enough knowledge before deciding to try.
If you want to reduce your meetups with your friends in the near future then end the relationship in the far future, you should recommend this bitcoin investment to him because this investment model is easy to destroy mutual trust, people to people, a teammate with understanding and contribution is very good but if it's someone who is ignorant and demands the burden of responsibility from us, I don't recommend that we carry extra stones in our luggage. The social path and the investment path can only be walked by yourself, not by the guidance of others

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August 01, 2021, 03:58:56 PM
 #95

Sure, we should be patient to wait for the right time to buy. $38k is still possible if there will be a dump, but it is unlikely to happen this weekend. Maybe it will take two or three days for the next decline time. But I suggest not buying for the long term, it is time to buy for a short-term target. if you want to buy for the long term, you are better to wait for the bearish season. Then, you can buy Bitcoin at a very cheap price. While today, we are still in bullish season, just focus on buying for the short term.
You can make your own decisions for investing or trading in current market conditions, but I recommend buying $38k because the market volatility will likely return to prices below $40k before reaching above $45k, not an accurate prediction but just my analysis based on current market patterns.

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August 01, 2021, 04:23:07 PM
 #96

You can make your own decisions for investing or trading in current market conditions, but I recommend buying $38k because the market volatility will likely return to prices below $40k before reaching above $45k, not an accurate prediction but just my analysis based on current market patterns.
We all know that the price of bitcoin will fluctuate from time to time and there is always the potential for volatility. But I think the support line at $40K is still strong enough to hold market sentiment so far. Bitcoin will move up slowly and will break the $42K to $45K resistance and at least that's what I think about bitcoin at the moment. I don't think the bitcoin price will ever return to the $38K level, while $45K is the best hope so far to look forward to something that will come true.

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August 01, 2021, 05:25:14 PM
 #97

The market is free for everybody so if you're friend is asking you to recommend him buying bitcoin, you should just tell him buy if he wants to buy at the top but advise him to buy whenever he thinks that he's prepared.

There's a long series of dips but no one will really look at that opportunity especially those that don't look the market as if it's the best time to buy by those times. I'm done recommending my friends to buy bitcoin, I've not talked to them about bitcoin anymore even if they ask to because I'll be blamed if they don't make a profit and sees its price go down.
Yes, I also have friends like that. they think that investing in bitcoin will only always be profitable. in fact, he would have benefited if he held back until now. however, I don't think he was ready for the downturn and quickly sold the bitcoins he bought when he saw his assets go down like a waterfall Grin

however, we can suggest our friends buy bitcoins or altcoins any time. however, before that, educate them about the benefits as well as the risks.
There are many those type of people that only thinks about the profit but, don't want to settle and take the reality that bitcoin is still risky and there's a probability that after buying, they might see the drop.

We can suggest them to buy but do not forget to tell that there's risk, crypto market is very volatile and it's not always the profit that they must take into consideration.

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August 01, 2021, 11:23:28 PM
 #98

this is a very risky market that can make people lose money and we all know that all people don't like to lose money, so be careful because if your friend sets high expectations and then loses money then he will accuse you of cheating, i saw this once when i talked about bitcoin to friends, they lost money because the price of bitcoin went down a lot and they sold out in panic and then they started blaming me for the losses they have, it was great. I suggest you tell your friends to buy bitcoin at their own risk

Maybe let your friend know what risk behind this kind of investment.

the central problem is that people new to this market come in with high expectations of making quick profits, even if warnings do not work, they as soon as the price of bitcoin drops a lot they start selling in panic because despair takes over and then they blame the person put them on the market

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August 01, 2021, 11:26:55 PM
 #99

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Maybe let your friend know what risk behind this kind of investment. And then beside you maybe suggest him with your analysis, make sure he learn about technical analysis too so he not wrong to enter market if he do trading alone. If me i think any price of bitcoin as long it is not really in peak is good to buy, because we still can hold it if price fall and usually in future price can be better.
Always tell them about the risk so that they wont get shocked if they would see their investment is going down.Yes, you can recommend bitcoin to everyone but always be mindful

about the potential risk and they wouldnt really blamed you if they do have negative on their investment.Just tell them on studying or on making more research so that

they would have at least idea on what they are up into and not just diving in just because of being hyped or see some good profits from other people.

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August 02, 2021, 01:13:15 PM
 #100

Sure, we should be patient to wait for the right time to buy. $38k is still possible if there will be a dump, but it is unlikely to happen this weekend. Maybe it will take two or three days for the next decline time. But I suggest not buying for the long term, it is time to buy for a short-term target. if you want to buy for the long term, you are better to wait for the bearish season. Then, you can buy Bitcoin at a very cheap price. While today, we are still in bullish season, just focus on buying for the short term.
You can make your own decisions for investing or trading in current market conditions, but I recommend buying $38k because the market volatility will likely return to prices below $40k before reaching above $45k, not an accurate prediction but just my analysis based on current market patterns.


Market patterns are always unpredictable, when the price can reach $41k then I'm optimistic that the price will continue to rise, so I buy bitcoin at a price of $41k, unfortunately the market is red again but I'm always optimistic that this year the price can reach ATH.


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August 03, 2021, 09:00:44 AM
 #101

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
We can suggest to buy or sell crypto to anyone but it does not mean that we will force them, we need to let them decide by their own and make their research to understand crypto. Because we don't know that after your friend buy the price will fall so it is safe if he decide by his own.

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August 04, 2021, 05:57:37 AM
 #102

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I think this time is the best time to buy Bitcoin if we are going to look at the market bitcoin is on the stage of rising .So we need to enter into crypto today before it's too late, just like we what happen on the first quarter of the year 2021if Bitcoin price is bullish it means more opportunities are coming so we need to watch out for those opportunity to earn.


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August 04, 2021, 07:12:34 AM
 #103

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I always use ATH as a benchmark and the current btc price is still very good to buy...

no loss if your friend buys Bitcoin at the current price because when bitcoin returns to ath then he will make 2x profit. the value of bitcoin will definitely continue to rise so don't hesitate to suggest other friends to buy btc but you have to remind them about the risks too.



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Rainbot
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August 04, 2021, 01:12:57 PM
 #104

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
Bitcoin is volatile so it will going to fall again at some time. You want to recommend your friend to buy Bitcoin but you don't know how the market moves? I'm assuming that both of you are newbies Smiley.

My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Let them experience everything. Recommending them to buy Bitcoin will not help them. Just give some basic tutorials or some basic information to them but if they will ask you if they will invest now, don't give any answer.

Let them experiencing getting profits and at the same time getting losses. Let them do their own research if they really want to invest into crypto. Don't let them enter without proper information. Just guide them but don't recommend them buying it.

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August 06, 2021, 01:25:45 PM
 #105

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
We can suggest to buy or sell crypto to anyone but it does not mean that we will force them, we need to let them decide by their own and make their research to understand crypto. Because we don't know that after your friend buy the price will fall so it is safe if he decide by his own.
We really can't force someone to invest in crypto. but if any of your friends want to learn from us who have been in the crypto world for a long time, we can teach them about investing in crypto and provide an understanding of the advantages and disadvantages of crypto and the risks that will be experienced. Of course, all decisions are up to each of us. So if you are still a beginner who wants to invest in crypto, it is better to invest half the money you have and use the money that is idle so as not to be disturbed by the needs of our lives.

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August 06, 2021, 05:00:06 PM
 #106

We really can't force someone to invest in crypto. but if any of your friends want to learn from us who have been in the crypto world for a long time, we can teach them about investing in crypto and provide an understanding of the advantages and disadvantages of crypto and the risks that will be experienced. Of course, all decisions are up to each of us. So if you are still a beginner who wants to invest in crypto, it is better to invest half the money you have and use the money that is idle so as not to be disturbed by the needs of our lives.
OP didn't force his/her friend to buy bitcoin now, it said in the title recommend, meaning that OP's friend has to consider and decide for himself/herself whether it's the right time to buy bitcoin now. If you are a newbie to cryptocurrencies, do some research and make it extensive reading but at the same time you still have to understand it.

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August 06, 2021, 05:52:44 PM
 #107

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
With such matter, you should let your friend analyze and speculate the situation himself and afterwards, guide him with his decsion so that you wouldn't be the one to blame once the worst happens. As long as you are just simply telling them about bitcoin and you are not exerting any force for them to invest, your friend will surely be satisfied or contented with his decision. You can give advices and information on what's been happening in the market hence the only thing you shouldn't do is forcing them or using them as a guinea pig to see if it is really a good time to invest.
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August 06, 2021, 08:18:59 PM
 #108

We really can't force someone to invest in crypto. but if any of your friends want to learn from us who have been in the crypto world for a long time, we can teach them about investing in crypto and provide an understanding of the advantages and disadvantages of crypto and the risks that will be experienced. Of course, all decisions are up to each of us. So if you are still a beginner who wants to invest in crypto, it is better to invest half the money you have and use the money that is idle so as not to be disturbed by the needs of our lives.
That is the trick, people "ask" others about crypto when instead of asking, they should be researching and learning more about it themselves. Google is right there, go google whatever you want to learn and get richer right? But they end up not doing that at all, if they keep ignoring that and not doing it, then we are talking about something that is quite risky and only asking people which they will use it to give you what they believe is right and not what is right.

All newbies should stop asking questions and ask for recommendations from people, and start learning more and more about it from google and stuff there, so that they could make a lot more money that way as well. I will never advice anyone to do anything with their money, they have to decide that themselves, but when I do that, usually people get a bit upset and stop talking for a while because I didn't help.
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August 06, 2021, 10:22:17 PM
 #109

Very rarely in the analysis beginners use ATH to benchmark the market price will be reached again in the future, they only position the lowest price will be reached if BTC is far away and they will wait for it until the market low price, the market has dropped 50% in the last few weeks and maybe a lot the trader has missed the $30k moment.

did see many who missed the price of $ 30K at that time, because a lot of information received without thinking they released a price that was relatively under $ 30K. Finally, what we are witnessing today is an opportunity taken to briefly raise the price back above $30K.
And people do end up on regretting on why they havent able to buy when the price had decreased below 30k?Cant blame them because we do have the fear or doubts on buying specially the news or
sentiments around is been talking about getting back to 20k price point which its just normal to have those kind of reactions and if you do tend to tell bitcoin to a friend then always remind them
about the potential risk so that they would be aware and wont be shocked when they do saw their investment is on negative. Most noobs would just panic and would really make out some panic
sell instead of holding.

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August 06, 2021, 10:40:17 PM
 #110

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?。

Let him decide for himself just give him tips and guidelines but when it comes to buying and selling it should be the holder's decision alone, do not encourage or forbid, investors should do their own research and should set their own time for buying and selling so you will not take the blame if you made a mistake on your advice to sell or buy.
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August 06, 2021, 11:48:31 PM
 #111

when it comes to buying and selling it should be the holder's decision alone
Of course, his friend just needs a suggestion, then he will decide it himself. If Robinson66's friend is really a real trader or investor, he should know what to do. He asked for a suggestion probably to ensure his decision at that time. Except if he is a newcomer, he must be worried to buy in the red market. Although his friend takes the suggestion of Robinson66, I think it is no problem. He must know the consequence that no guarantee of 100% correct.

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August 08, 2021, 12:57:42 PM
 #112

Recommending friend to buy bitcoin is nice and for we to start to buy now that the price is not stable is not good, it will be good enough for we to check if the price will be in normal state or remain in fixed position and if anything should make your friend to buy now is at 36000k to 38000k and later it goes up your friend will be at losing side

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August 08, 2021, 04:43:02 PM
 #113

I always use ATH as a benchmark and the current btc price is still very good to buy...

no loss if your friend buys Bitcoin at the current price because when bitcoin returns to ath then he will make 2x profit. the value of bitcoin will definitely continue to rise so don't hesitate to suggest other friends to buy btc but you have to remind them about the risks too.
Very rarely in the analysis beginners use ATH to benchmark the market price will be reached again in the future, they only position the lowest price will be reached if BTC is far away and they will wait for it until the market low price, the market has dropped 50% in the last few weeks and maybe a lot the trader has missed the $30k moment.
they looked in the mirror in 2018-2020, where at that time the price of bitcoin fell very far after reaching its highest price (well below 50%). they thought the same thing would happen this year but it seems they were wrong because currently the bitcoin price has recovered and the bear market is over.

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August 08, 2021, 06:11:51 PM
 #114

As a member of the global crypto community, we must provide the best advice for friends in trading actions but the advice is for analytical purposes so it is not an absolute decision to accept, sometimes our advice does not match his decision but don't despair to keep giving good advice at other times.
In cases like this, it's not just advice that we can give. But we must make the friends we invite trading bitcoin to understand more deeply how to trade. Although the theory we provide is understandable quickly, but we must explain that the crypto market is always surprising and highly volatile, lest when something untoward happen, we are the first to be blamed. Since cryptocurrency is a double-edged investment, we can make big profit overnight, and can also lose it all in a matter of hour.

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August 08, 2021, 09:42:40 PM
 #115

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Maybe let your friend know what risk behind this kind of investment. And then beside you maybe suggest him with your analysis, make sure he learn about technical analysis too so he not wrong to enter market if he do trading alone. If me i think any price of bitcoin as long it is not really in peak is good to buy, because we still can hold it if price fall and usually in future price can be better.
Personally I am against giving such direct recommendations when it comes to money to other people even if they are my friends, and the reason is that if they lose money following your advice or something resembling your advice they are going to blame you for those losses, believe me that happened to me and I am not making that mistake again, so it is better to let them take their decisions by themselves and if they do not have the knowledge to do so then there is nothing for them to do in this market and instead they should just get out and wait until they know what they are doing.

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Hippocrypto
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August 08, 2021, 10:56:14 PM
 #116

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

Good suggestions mate, because for those people in panic I guess that the end of their trading career. If there's a friend who's still with doubts with Bitcoin, we should guide them accordingly. Eventually if they're starting to buy while volatility is there, having an option to hold long term is a good strategy that has an assurance for future gains.
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August 17, 2021, 07:40:10 PM
 #117

I would not advise my friends to do anything with cryptocurrency at all, it has serious consequences, because the market is so volatile that you can make a mistake with the forecast and lose a good friend because of such a recommendation.
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August 17, 2021, 10:45:53 PM
 #118

I would not advise my friends to do anything with cryptocurrency at all, it has serious consequences, because the market is so volatile that you can make a mistake with the forecast and lose a good friend because of such a recommendation.
Market is indeed volatile but come to think that this isnt something that talks about losses but also with gains too because volatility could really give out that kind of opportunity but of course there would also be the risk.
If you do just simply tell your friend about the opportunity and the risk at the same time then he would really be that aware that he could possibly lost up money too but doesnt mean that it would risk up your friendship between you two.Just dont forget to tell him about the risk because this had been a default thing when you do step your foot into this market.Investment does always come with risk even though we arent talking
about cryptocurrency market.

R


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August 18, 2021, 03:51:44 AM
 #119

It is true that if you don’t want to take any risk then you can not make good profit. If you believe cryptocurrency has a bright future and will change the world, it doesn't necessarily matter whether you buy when Bitcoin costs $60,000 or $30,000 per token. If it ends up reaching, say, $500,000 per token someday, you'll make a hefty profit regardless. Of course, there are no promises that Bitcoin or any cryptocurrency will succeed. But if you're going to invest, it should be because you believe in its potential and are willing to hold on to your investments for years or even decades. If you're only investing to try to make a quick buck, that's a dangerous game and you'll likely end up losing more than you earn. So think care fully before investing your assets.

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August 18, 2021, 09:25:07 AM
 #120

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

Forget about the market condition and urge your friend to buy Bitcoin for the sake of having it, learning how to use it, transact it, if he experienced how to use and like it, he will do research and will eventually find out the beauty of using and holding Cryptocurrency, once he experienced it then he decides for himself what is the right time to buy more, he should first understand it.
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August 18, 2021, 12:42:51 PM
 #121

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

Anything can happen for now, but if the biggest opportunity is in our favor, then it's only natural that we sell the coins we have, rather than taking risks that are uncertain in the future, bitcoin is now good and suitable to be released, considering the current bitcoin price even higher than in previous months.

But if you can be patient, it's good to save the bitcoin for sale in the next year, everyone even the experts have made many predictions, that bitcoin will experience a good selling value in the following year.
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August 18, 2021, 02:56:13 PM
 #122

Forget about the market condition and urge your friend to buy Bitcoin for the sake of having it, learning how to use it, transact it, if he experienced how to use and like it, he will do research and will eventually find out the beauty of using and holding Cryptocurrency, once he experienced it then he decides for himself what is the right time to buy more, he should first understand it.

Actually,,, a very bad idea. Never tell anyone what to do with money they might or might not have. Only saving money is what I can feel is safely adviced, to not spend on unnecessary things.

Let us not forget Bitcoin is known to have extreme volatility and can dip down as far as 90% before going up again.

Friends may not have the patience to wait until years.

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August 18, 2021, 04:32:54 PM
 #123

You can but you have to advice your friend that he/she should assess if he/she is a patient person that can wait for months if not years for his/her investment to go up and if she/he can stay calm when the prices aren't doing good. Now if he/she feels like no for both then they shouldn't invest right now.

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August 18, 2021, 09:06:59 PM
 #124

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

You will never be able to predict the direction that bitcoin is heading, even if we are in a speculation section of the forum. It is a very bad idea to start handing out investment advice in a field that you (or anyone else for that matter) have no way of determining the future. It is not as if you are saying - put your money in this bank account it'll earn you 4% per year guaranteed! or even, this company has been around for a while and is very unlikely to go out of business - you can make 7% per year on your money if you invest based on my extensive research. If you truly value this friend, you can describe why you think Bitcoin will rise, e.g. a steadily diminishing pool of a desirable asset, but make sure they are aware of the risks - it had a similar level of flight as the stock market when a crisis (Covid) struck.

R


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August 18, 2021, 09:21:03 PM
 #125

I think if you want to invest long term this is not too bad, I mean use safe money, where this money is no longer needed for the next few years. I believe bitcoin investment for the next 4-5 years will yield more. I see around many of my friends and relatives who are just getting to know crypto and are starting to choose Btc investments over gold.

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August 18, 2021, 09:52:50 PM
 #126

I think if you want to invest long term this is not too bad, I mean use safe money, where this money is no longer needed for the next few years. I believe bitcoin investment for the next 4-5 years will yield more. I see around many of my friends and relatives who are just getting to know crypto and are starting to choose Btc investments over gold.
No doubts, with such success over 10 long years, there are many people who are now into this investment. Believing that after some year the value will increase and give them decent profits.

It's not bad if you are going to treat it as long term and you are sparing money that you intend to save, better than keeping it in banks.

Bitcoin has that impression to grow. The cycle, though, is really hard to understand, but keep in mind that it always bring nice outcome for those who can hold and wait.

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August 19, 2021, 07:02:21 AM
 #127

For now I think the bull period is not over. Better to do day trading on some altcoins for now. I feel the 4 year cycle of bitcoin is still in effect. Maybe at the end of the year you can start buying btc When the bears have appeared.

bitcoin fortress is not over and never ends, you can still recommend your friends to invest now because bitcoin is in decline.

I see investors now too greedy to expect bitcoin to be quickly pumped at a high price, while only a few weeks of investing has not yet been months. To get big profits, of course, you have to be patient.

work in the government and in private companies, you have to be patient a month before you can be paid. now it's only been two weeks of investing, it's just starting to give up and it's frustrating when the price is slightly corrected.

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August 19, 2021, 07:19:53 AM
 #128

I would never make recommendations when to buy or sell cryptocurrency. Every person should make his own decisions. Because I dont want to be responsible for something I can make influence on. I cant influence on the price, but in case of failure I would be one to be blamed.

Instead I would better introduce Bitcoin or cryptocurrency itself to a person, showing how easy can be earned, and how easy everything can be lost.

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August 19, 2021, 10:58:56 AM
 #129

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Indeed, bitcoin trading is very good, especially if your friend wants to buy bitcoin for a profit, this is the right moment to invest in crypto. But you also have to be able to explain to your friends the advantages and disadvantages of investing in digital currency. The purpose of investing is to make a profit, and the biggest risk of investing is losing capital. So invest in what you know.
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August 19, 2021, 01:39:21 PM
 #130

~

I don't think it's necessary to continue discussing the risk to you because it makes your friends continue to panic and be afraid to invest. It's a good idea to explain strategies and steps to play cryptocurrencies properly and correctly. when exactly to buy and when exactly to sell.
I think if it's like this, your friends will be easy to understand and interested in investing.
Now that's a stupid one, if you aren't an expert on trading or works as a professional on the field, you don't have the right to discuss strategies because you're just feeding them BS that might not work for them. Telling them right away the risk is much better because you let them know what they're getting into so they won't blame you when there's losses.
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August 19, 2021, 01:47:05 PM
 #131


Indeed, bitcoin trading is very good, especially if your friend wants to buy bitcoin for a profit, this is the right moment to invest in crypto. But you also have to be able to explain to your friends the advantages and disadvantages of investing in digital currency. The purpose of investing is to make a profit, and the biggest risk of investing is losing capital. So invest in what you know.

Invest only when you already understand what you are doing. Yes,
Bitcoin or crypto is a good investment but unlike other form of investment the risk is too high if you don't know what you are doing.

people who wanted to invest need not only recommendation coming from those who knows this investment, but they also needs to work
with their own understanding, i's easy to say that by now and hold but the attitude  after seeing the volatility will be the question in the
long run, if your friend is not mentally ready he might fear and lose his investment.
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August 19, 2021, 03:39:51 PM
 #132

~

I don't think it's necessary to continue discussing the risk to you because it makes your friends continue to panic and be afraid to invest. It's a good idea to explain strategies and steps to play cryptocurrencies properly and correctly. when exactly to buy and when exactly to sell.
I think if it's like this, your friends will be easy to understand and interested in investing.
Now that's a stupid one, if you aren't an expert on trading or works as a professional on the field, you don't have the right to discuss strategies because you're just feeding them BS that might not work for them. Telling them right away the risk is much better because you let them know what they're getting into so they won't blame you when there's losses.
Blaming would be there because they do know that you are instructing them on what to do and giving out somewhat some assurances with crypto investment and if it turns out to be bad then theres no other that they can blame off but only you.

You can recommend bitcoin to a friend but always remember to tell off about the risk so that they wont really be expecting that much in regards to this.
They would only realize off things when they do already got the experience on their own. Just dont make any assurances that  they could really profit off from time to time.

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August 19, 2021, 07:16:47 PM
 #133

Personally I don't want that someone blame me for any decision. I'm not a financial advisor and don't take money for this decision. So why I will take this risk by giving recommendation to others. I can provide all the information about bitcoin like advantages, features, opportunities, why it can pump and so on. I don't like to involve in one's personal decision.

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August 21, 2021, 03:02:54 PM
 #134

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

When it comes to investing advice it's always on individual preferences or decision as long as they know the risk and they know the market condition if your friend wants to buy because they believe that it's a good time to buy and he is investing what he can afford to lose, then let him proceed, in my experience, I always tell my friend to read a lot and fill themselves with the relevant informant that will help them to buy and sell at the right time.

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August 21, 2021, 03:45:06 PM
 #135

Personally I don't want that someone blame me for any decision. I'm not a financial advisor and don't take money for this decision. So why I will take this risk by giving recommendation to others. I can provide all the information about bitcoin like advantages, features, opportunities, why it can pump and so on. I don't like to involve in one's personal decision.

Money will destroy friendship, I think we only introduce bitcoin and in investing always say profit or loss opportunities, the decision to buy of course we can't force, even when there are friends who are too enthusiastic and ask a lot of questions to invest, I always recommend looking trusted recommendations that are good. We don't get profit if he buys but become a burden if he loses.
I'm appreciate with your opinion. If he tell his friend to buy Bitcoin and in the meantime if the price going to decrease then his friendship may be broken or his friend can think negative about him. So this is good to recommend him about Bitcoin and tell him to make his own research and after that if his friend think that investing on Bitcoin is good then he can invest otherwise its his choice. Though by investing on Bitcoin anyone can make great profit. But there's always a risk in cryptocurrency.

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August 23, 2021, 08:54:03 PM
 #136

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

When it comes to investing advice it's always on individual preferences or decision as long as they know the risk and they know the market condition if your friend wants to buy because they believe that it's a good time to buy and he is investing what he can afford to lose, then let him proceed, in my experience, I always tell my friend to read a lot and fill themselves with the relevant informant that will help them to buy and sell at the right time.

The issue is that whether you want it or not you will feel good for him when the coin goes up, but the opposite is also true and you feel bad for him and somehow guilty when the coin goes significantly down. I have always refrained from giving a clear recommendation to buy and I did well with it. You can still phrase a recommendation in a way such that you don't really tell him to buy, but wouldn't tell him not to buy might be a better way to put it.
Usually, good friendships are above a recommendation even if it goes wrong because both parties knew that it could happen, but some will be mad at you certainly.

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August 23, 2021, 09:14:14 PM
 #137


The issue is that whether you want it or not you will feel good for him when the coin goes up, but the opposite is also true and you feel bad for him and somehow guilty when the coin goes significantly down. I have always refrained from giving a clear recommendation to buy and I did well with it. You can still phrase a recommendation in a way such that you don't really tell him to buy, but wouldn't tell him not to buy might be a better way to put it.
Usually, good friendships are above a recommendation even if it goes wrong because both parties knew that it could happen, but some will be mad at you certainly.
To avoid that to happen it's always better to give them pointers to review before letting them to pursue their own careers inside this market.

Recommendation always inside us as we wanted our friends or love ones enjoy those benefits that we are having from this industry.

But the difference is we all understand the risk, and that what you have to introduced to them before anything else, letting them understand that there's always a high risk that they needed to surpass in order for them to enjoy and succeed from this venue of investment.

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August 23, 2021, 10:07:14 PM
 #138

You can say its ok over time and give an opinion for the next year.   The problem with most us we only want to buy at the cheapest price and sell at the highest price but the irony is the best gain is by capturing a good average not absolutes.
  BTC is very likely to be rising over years, if you are buying during those years you will capture that rise even if you did not get the lowest price you were involved.  The hesitation in trying to get perfect timing ends up being the greater negative then just entering an ongoing market that appreciates.   This is a rule that applies to tons of assets and market sectors, just decide if you want to be involved with crypto and then set a percent you would buy regularly.      Traders are something else, alot of those attempts will fail and trading advice cant really be given its like riding a horse you got to gain experience cant really give it.

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August 24, 2021, 02:22:56 PM
 #139

Money will destroy friendship, I think we only introduce bitcoin and in investing always say profit or loss opportunities, the decision to buy of course we can't force, even when there are friends who are too enthusiastic and ask a lot of questions to invest, I always recommend looking trusted recommendations that are good. We don't get profit if he buys but become a burden if he loses.
I'm appreciate with your opinion. If he tell his friend to buy Bitcoin and in the meantime if the price going to decrease then his friendship may be broken or his friend can think negative about him. So this is good to recommend him about Bitcoin and tell him to make his own research and after that if his friend think that investing on Bitcoin is good then he can invest otherwise its his choice. Though by investing on Bitcoin anyone can make great profit. But there's always a risk in cryptocurrency.
That's the best possible approach. Don't force your decision on someone or lure them into doing something but just inform them what you think about it and let them do their own research and due diligence before buying or selling.

No matter how pure your intentions are, if the person you suggested buying bitcoins faces a temporary loss, they will always blame you. I am not just saying but I have experienced something similar to this. It's never a great idea to help someone so much that they start wondering if you have a personal motive behind it.
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August 24, 2021, 04:30:33 PM
 #140

Although the price of bitcoin is currently high and it's a bit late to recommend it to friends, it never hurts to give it a try so we can be successful together.
and i think everyone now know what bitcoin is because of its increasing popularity compared to the past its hard to recommend to friends because they don't know bitcoin at all, and for now if we believe bitcoin price will hit high price again for long term there's nothing wrong with doing it with long-term investment goals.
and this is what I do now recommend it to some of my friends and I think in the long run it will have less risk and provide the best explanation for them to understand and convince, and besides I share stories about the best experiences when engaging with bitcoin what is I've made and the biggest profit as long as I do it in the long run.
and that way they will be interested and try to find out for themselves and learn to analyze and finally some of my friends get involved and invest, and I also suggest trying to buy gradually when there is a decline and keep doing analysis, and now they have seen profits even if only a little , and they are very happy and I also assure them that the price of bitcoin will reach 100K and will continue to rise and I also advise not to hold it all the time, if they think it is profitable it's up to you whether you want to sell it or not.

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jostorres
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August 24, 2021, 07:28:03 PM
 #141

Personally I don't want that someone blame me for any decision. I'm not a financial advisor and don't take money for this decision. So why I will take this risk by giving recommendation to others. I can provide all the information about bitcoin like advantages, features, opportunities, why it can pump and so on. I don't like to involve in one's personal decision.
It depends on the type of relationship you have with the person. If someone from your family is new to crypto, you cannot just act professionally and ask them to research of their own. You know if even things go wrong they will never hold you responsible or make you feel guilty for it.

If the relationship is formal, I agree that it's better to inform instead of convincing him/her to put money.

I have suggested so many friends in my college about so many things in past and they always appreciate when things turn out good and make fun if they went wrong. That's because my relationship with them was not family, neither it was formal though.

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August 24, 2021, 09:11:24 PM
 #142

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

When it comes to investing advice it's always on individual preferences or decision as long as they know the risk and they know the market condition if your friend wants to buy because they believe that it's a good time to buy and he is investing what he can afford to lose, then let him proceed, in my experience, I always tell my friend to read a lot and fill themselves with the relevant informant that will help them to buy and sell at the right time.

The issue is that whether you want it or not you will feel good for him when the coin goes up, but the opposite is also true and you feel bad for him and somehow guilty when the coin goes significantly down. I have always refrained from giving a clear recommendation to buy and I did well with it. You can still phrase a recommendation in a way such that you don't really tell him to buy, but wouldn't tell him not to buy might be a better way to put it.
Usually, good friendships are above a recommendation even if it goes wrong because both parties knew that it could happen, but some will be mad at you certainly.
You wont really be having that guilty feeling even if he's your friend as long you do give the warning and hints about the risk of cryptocurrency. It wouldnt be always going on the top and of course you could really

recommend bitcoin to a friend as long you do explain to them about the risk and the earning opportunities and the rest would really be on his own when he do start to step foot into this market.

You shouldnt really make out some assurances because that will totally affect your relationship to your friend once the price had plummeted or opposes on what he do anticipate.

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August 24, 2021, 09:48:39 PM
 #143

To avoid that to happen it's always better to give them pointers to review before letting them to pursue their own careers inside this market.

Recommendation always inside us as we wanted our friends or love ones enjoy those benefits that we are having from this industry.

But the difference is we all understand the risk, and that what you have to introduced to them before anything else, letting them understand that there's always a high risk that they needed to surpass in order for them to enjoy and succeed from this venue of investment.
You give them the pros and cons and all of the possibilities of what will happen if they enter.

That's the safest thing to do and you have disclaimer and it's like telling a summary of your experience on them so that they will be aware of what can be their state after buying.

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August 24, 2021, 11:34:01 PM
 #144

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

As always the best time to buy is when the market is dipping, but we never know how long the market will dip or will it continue to rise, the market is very volatile and sometimes hard to access if you suggest to your friend to delay buying he might end up buying late and on a much higher price and this will cause a strain in your relationship, let him decide for himself when it comes to investing in the market the investor's own decision matters, you can suggest but his decision is the one that matters.

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August 25, 2021, 08:31:13 PM
 #145

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

For the current market conditions, I think it is more suitable to make a sale than to make a purchase, but everyone has their own understanding of investing, this is what makes it difficult for us to give advice to such a person, because we are afraid that he will misunderstand the meaning of the advice. that we give.
So whatever we say, according to him, is untrue and untested, although sometimes what we say is based on studies and natural conditions that are happening.
We do have different targets or goals towards our crypto holdings because some might  really be active on selling out for fast profits but there are some who do really mind off about long term aspects.
Yes you can recommend bitcoin to a friend but always speak off about the risk involved in Bitcoin that it isnt a sure thing for you to make money and dont anticipate that much so that you
wont really get frustrated about its volatility and you should really be prepared for that when you do step in into  this market. Dont hope that much and only
invest on the amount that you could afford to lose.

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August 25, 2021, 09:48:37 PM
 #146

Get him to decide for himself.

Why should you feel the obligation to recommend an investment strategy to someone else entirely? If it doesn't pan out, they will blame you and your reputation is on the line.

Especially with the crypto market at such heights, I would be pretty uncomfortable in terms of selling recommendations to anyone. If you absolutely want to, either tell them to DCA or to wait until a correction below $40k occurs again before buying a lump sum.

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August 25, 2021, 10:17:38 PM
 #147

Get him to decide for himself.

Why should you feel the obligation to recommend an investment strategy to someone else entirely? If it doesn't pan out, they will blame you and your reputation is on the line.

Especially with the crypto market at such heights, I would be pretty uncomfortable in terms of selling recommendations to anyone. If you absolutely want to, either tell them to DCA or to wait until a correction below $40k occurs again before buying a lump sum.
But there are really some friends which are really asking out some suggestions to their friends and its really different when it comes to suggestions neither a friend would really be that mindful on giving out best suggestion or wouldnt really care at all because its their money then its their full decision to make but it isnt bad to give out some warnings that cryptocurrency investment isnt something talking about easy money or profits
on where most newbies or noobs do really think off. Invest on their extra money and dont make use of their life savings or money which are intended for more important things.

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August 25, 2021, 10:21:30 PM
 #148

Get him to decide for himself.

Why should you feel the obligation to recommend an investment strategy to someone else entirely? If it doesn't pan out, they will blame you and your reputation is on the line.

Especially with the crypto market at such heights, I would be pretty uncomfortable in terms of selling recommendations to anyone. If you absolutely want to, either tell them to DCA or to wait until a correction below $40k occurs again before buying a lump sum.
They will certainly blame you if you're the one who's been encouraging them to invest.

But if it's your friend that asks for a help then you're not accountable for whatever is the outcome of his investment through bitcoin. But it is bitcoin and it's understandable that it's best for long term.

Still, there's a need to explain how high its volatile is.

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August 25, 2021, 10:31:10 PM
 #149

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
It is already almost a month and if your friend had listened to you that time, they are in profit already.

This current view of the market trend really gives some hope and possibly it going to happen that we were able to reach $100k someday, next year? Who knows, exactly. Investing this current price is totally risky as we are hyped but might it happen that this will be the last time we ever see Bitcoin at $40k plus.

From $30k plus, going to the $40k level, I was thinking the $50k level will be the next target.
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August 25, 2021, 11:15:16 PM
 #150

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
It is already almost a month and if your friend had listened to you that time, they are in profit already.

This current view of the market trend really gives some hope and possibly it going to happen that we were able to reach $100k someday, next year? Who knows, exactly. Investing this current price is totally risky as we are hyped but might it happen that this will be the last time we ever see Bitcoin at $40k plus.

From $30k plus, going to the $40k level, I was thinking the $50k level will be the next target.
Investing on Bitcoin is always profiting, but it requires patience if the investment is made at the top. The market at present seems to be bullish and so investment by now could get profit if made in large volume or as a whole unit. Investing on small volumes requires patience to enjoy the profit. To make a minimal profit it is good to invest unlike the market and its price. Just buy and get into regular trading which gets you an earning out of the market fluctuation.

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August 26, 2021, 05:41:00 AM
 #151

Get him to decide for himself.

Why should you feel the obligation to recommend an investment strategy to someone else entirely? If it doesn't pan out, they will blame you and your reputation is on the line.

Especially with the crypto market at such heights, I would be pretty uncomfortable in terms of selling recommendations to anyone. If you absolutely want to, either tell them to DCA or to wait until a correction below $40k occurs again before buying a lump sum.
They will certainly blame you if you're the one who's been encouraging them to invest.

But if it's your friend that asks for a help then you're not accountable for whatever is the outcome of his investment through bitcoin. But it is bitcoin and it's understandable that it's best for long term.

Still, there's a need to explain how high its volatile is.
yes, I would also probably do the same. I will explain what I know about bitcoin or cryptocurrency, then I will give the final decision to him. many people blame others when they get lost in the crypto world because of such an invitation. even though there is currently so much positive news regarding bitcoin or other cryptocurrencies, we can't stop FUD which usually comes suddenly and dumps prices again. however, give him as much explanation as possible, and give him references to charts and news. maybe you can explain to him about the popular coins in CMC or CG, it's very easy to understand. other than that, try to give him an idea about the potential of a coin, and you can give him a reference in graphic analysis that is usually found in online magazines such as Cointelegraph.
again, let him decide whether he should buy or wait. make sure to tell him DWYOR


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August 26, 2021, 10:16:20 AM
 #152

They will certainly blame you if you're the one who's been encouraging them to invest.

would definitely feel bad for giving recommendations that didn't live up to their expectations lol. better to just educate the good and bad investing in bitcoin. and ask or explain more about of his investment plan for long term or short term . and provide a clear explanation of bitcoin price movements and volatility in market price.
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August 26, 2021, 11:20:46 AM
 #153

You recommend your friend to buy Bitcoin any time. There is no certain time to buy Bitcoin. If you missed the dip, then no worries. You can still make an investment into Bitcoin considering it is going to be for a long term. Eventually, you can make a lot of profit. But being patient is the most important thing. Maybe you will wait for a year or more time. But it will be worth the wait.

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August 26, 2021, 02:30:53 PM
 #154

You recommend your friend to buy Bitcoin any time. There is no certain time to buy Bitcoin. If you missed the dip, then no worries. You can still make an investment into Bitcoin considering it is going to be for a long term. Eventually, you can make a lot of profit. But being patient is the most important thing. Maybe you will wait for a year or more time. But it will be worth the wait.

Inviting a friend to invest bitcoin is a good thing, this is an investment that has proven to be very profitable, but we don't force him to buy immediately, it's better to provide all information related to bitcoin, if he is sure to buy then recommend a trusted exchange because when there are too many scam exchanges.



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August 26, 2021, 03:51:32 PM
 #155

They will certainly blame you if you're the one who's been encouraging them to invest.

would definitely feel bad for giving recommendations that didn't live up to their expectations lol. better to just educate the good and bad investing in bitcoin. and ask or explain more about of his investment plan for long term or short term . and provide a clear explanation of bitcoin price movements and volatility in market price.

And yet, they have some options either to take the advice or just to forget it. In fact, a lot of people become scam victims due to some colorful and promising words used by the scammer and I think it was more reliable when it comes from a friend of yours than strangers. If I have been told and educate about Bitcoin before, maybe I invested in Bitcoin early but unfortunately, none of my friends know about this so it happens that I'll be the one to recommend and educate them.

Anyways, so really happens in real life, doubtful minds will remain doubtful no matter what you do, no matter how many proofs you showed to them, they keep ignoring.

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August 26, 2021, 07:05:39 PM
 #156

Get him to decide for himself.

Why should you feel the obligation to recommend an investment strategy to someone else entirely? If it doesn't pan out, they will blame you and your reputation is on the line.

Especially with the crypto market at such heights, I would be pretty uncomfortable in terms of selling recommendations to anyone. If you absolutely want to, either tell them to DCA or to wait until a correction below $40k occurs again before buying a lump sum.
They will certainly blame you if you're the one who's been encouraging them to invest.

But if it's your friend that asks for a help then you're not accountable for whatever is the outcome of his investment through bitcoin. But it is bitcoin and it's understandable that it's best for long term.

Still, there's a need to explain how high its volatile is.
yes, I would also probably do the same. I will explain what I know about bitcoin or cryptocurrency, then I will give the final decision to him. many people blame others when they get lost in the crypto world because of such an invitation. even though there is currently so much positive news regarding bitcoin or other cryptocurrencies, we can't stop FUD which usually comes suddenly and dumps prices again. however, give him as much explanation as possible, and give him references to charts and news. maybe you can explain to him about the popular coins in CMC or CG, it's very easy to understand. other than that, try to give him an idea about the potential of a coin, and you can give him a reference in graphic analysis that is usually found in online magazines such as Cointelegraph.
again, let him decide whether he should buy or wait. make sure to tell him DWYOR
It's for them to decide, I won't give them a sense of giving the final decision in front of me. I'll let them freely choose what they want.

As long as I've done my part telling them the ins and outs of investing in bitcoin, they should do their own research further and decide for themselves so that they won't me if things didn't go as expected.

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September 04, 2021, 02:37:50 PM
 #157

We know that bitcoin is volatile, it is not right to inspire someone to invest. Although most of us who are in crypto space can speculate a lot about its future, Definitely it will be in a much better position. as it is much more volatile, there may be temporary loss. If any one hold it long time then they will definitely  make good profit but it is foolish to ask someone to invest in this platform.

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September 04, 2021, 02:52:47 PM
 #158

We know that bitcoin is volatile, it is not right to inspire someone to invest. Although most of us who are in crypto space can speculate a lot about its future, Definitely it will be in a much better position. as it is much more volatile, there may be temporary loss. If any one hold it long time then they will definitely  make good profit but it is foolish to ask someone to invest in this platform.
It was wrong with you but at least we help them know about Bitcoin that is the most important. If nobody else will thought this thing, how can they understand crypto? Telling them is not just to encourage them to invest but the purpose of this is to give them some insights and the use-case of this project.

I know many had known about Bitcoin, about cryptocurrency online but because no one is able to enlighten their minds that is why they keep themselves ignorant to this. They deserve to know about this and it's up to them if they want to buy.

R


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September 04, 2021, 03:02:15 PM
 #159

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

When it comes to buying recommendations for cryptocurrencies, I am always extremely careful. In a situation like this where prices have been rising for a long time, this is very difficult. I try to avoid a direct answer and say that I am not selling yet because I believe the price will go up. In my opinion, this is the most diplomatic answer if you want to give one at all.

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ziyaaa
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September 04, 2021, 08:33:50 PM
 #160

You can recommend your friend to buy Bitcoin at anytime in my opinion. But I'm saying this considering your friend is thinking of making a long-term investment. Bitcoin makes people the real profit in the long run rather than a short time period. Even if your friend buys at $50k, he can double his investment for example as long as the price reaches $100k at the end of the year. Of course, there is no guarantee for it but the most expected movement from Bitcoin is this now.

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September 04, 2021, 09:08:30 PM
 #161

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
you are a best friend if you manage to persuade your friends to buy bitcoin now....now the bitcoin price is around $49k and it has the potential to break through $100k.  if your friend buys bitcoin now (at $49k) then when the bitcoin price hits $100k, your friend has made a big profit.

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September 05, 2021, 09:37:46 PM
 #162

There is no good or bad time to buy since no one knows what will happen next or whether the price of Bitcoin will continue going upward or retrace a little. Buy Bitcoin whenever you fill like buying but don't try to ignorantly wait for the market to go deeper before buying because the market might just continue it bullish trend with little retracement which will be painful if one failed to buy now due to trying to buy at the lowest deep. The market is not that predictable to the extent we might think but we should always take actions at the right time.

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September 05, 2021, 09:41:57 PM
 #163

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
you are a best friend if you manage to persuade your friends to buy bitcoin now....now the bitcoin price is around $49k and it has the potential to break through $100k.  if your friend buys bitcoin now (at $49k) then when the bitcoin price hits $100k, your friend has made a big profit.

This is a very nice scenario, but unfortunately no one can be sure that it will come true.
Recommending someone to buy a cryptocurrency is a very big responsibility. If someone has to do this, he should very well inform his friend about how risky an investment is. Otherwise, if something bad happens, you may even lose a friend.

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September 05, 2021, 10:59:19 PM
 #164

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
you are a best friend if you manage to persuade your friends to buy bitcoin now....now the bitcoin price is around $49k and it has the potential to break through $100k.  if your friend buys bitcoin now (at $49k) then when the bitcoin price hits $100k, your friend has made a big profit.

This is a very nice scenario, but unfortunately no one can be sure that it will come true.
Recommending someone to buy a cryptocurrency is a very big responsibility. If someone has to do this, he should very well inform his friend about how risky an investment is. Otherwise, if something bad happens, you may even lose a friend.
Recommendation is something that someone couldnt neither accept or not and as long you dont force someone to make out investment then you are safe from guilt if ever the price had come down after he had bought the coin and its not bad on being optimistic with bitcoin investment and at least you had shared up this opportunity even though its not an assurance or guarantees to make money but at at least you do spread out awareness
which would really be adding up on the adoption which is always been a positive thing if you do ask me.You can recommend if a friend of yours is really that interested but always mind them about the risk involved
and dont make out guarantees.

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September 06, 2021, 08:28:54 AM
 #165

You can but you have to advice your friend that he/she should assess if he/she is a patient person that can wait for months if not years for his/her investment to go up and if she/he can stay calm when the prices aren't doing good. Now if he/she feels like no for both then they shouldn't invest right now.
It is better to put education first before investing. There are many things that can be done in the crypto world, starting from investing, trading with spots/futures, staking, saving, lending. Analyze before buying, whether fundamental or technical. Make sure any coins you buy or sell are based on your inner decisions.

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September 06, 2021, 09:16:03 PM
 #166

You can but you have to advice your friend that he/she should assess if he/she is a patient person that can wait for months if not years for his/her investment to go up and if she/he can stay calm when the prices aren't doing good. Now if he/she feels like no for both then they shouldn't invest right now.
It is better to put education first before investing. There are many things that can be done in the crypto world, starting from investing, trading with spots/futures, staking, saving, lending. Analyze before buying, whether fundamental or technical. Make sure any coins you buy or sell are based on your inner decisions.
A must thing but not all does have that kind of mindset or patience because whenever they do saw opportunities or some people who had made out some money then thats the time they do really consider out
on putting investment without various research that had been done initially.

You can always refer bitcoin for investment but of course you should need to tell the risk behind it and not only focusing into its pro's so that someone would able to be aware on the probabilities of losing
money and this market is something should be considered no easy money.

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September 06, 2021, 09:49:40 PM
 #167

You can recommend your friend any time to buy Bitcoin actually unless he is a panic seller.  Grin  If your friend likes long term investments more than short term ones, Bitcoin is the number one choice I believe. Your friend can still buy at this level also considering he already bought BTC after some time you posted this. We are still not in a bull market but the price continues to increase. I can't even imagine what would happen when a bull run starts.

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September 06, 2021, 09:57:26 PM
 #168

You can but you have to advice your friend that he/she should assess if he/she is a patient person that can wait for months if not years for his/her investment to go up and if she/he can stay calm when the prices aren't doing good. Now if he/she feels like no for both then they shouldn't invest right now.
It is better to put education first before investing. There are many things that can be done in the crypto world, starting from investing, trading with spots/futures, staking, saving, lending. Analyze before buying, whether fundamental or technical. Make sure any coins you buy or sell are based on your inner decisions.

With better knowledge, it's much easier to convince people to invest in the market that you are aware of. Recommending something will fall back to you if they misunderstood how things work inside the market you are bringing them.

Unlike when they already aware and they will take the risk, there's no problem if whatever happened after they first purchased their Bitcoin, it's on them if how they will play the market according to their knowledge.

Always best to recommend full understanding and all those grounds that accompanied by the investment that they'll going to embrace.

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September 06, 2021, 11:44:59 PM
 #169

You can recommend your friend any time to buy Bitcoin actually unless he is a panic seller.  Grin  If your friend likes long term investments more than short term ones, Bitcoin is the number one choice I believe. Your friend can still buy at this level also considering he already bought BTC after some time you posted this. We are still not in a bull market but the price continues to increase. I can't even imagine what would happen when a bull run starts.
It is important also to know the capabilities of the person you wanted to tell and to clearly understand that really it happens once you have been doing this. Because so many cases that blaming has been happening when they suffer losses due to their own fault. That is why we need for them to understand the situation and the risk in investing crypto so they can solely decide it with their well, not ours so this helps to avoid blaming each other.

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September 07, 2021, 09:41:04 AM
 #170

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

So far, if any of my friends ask me for a recommendation to buy crypto, I always tell him to first study the condition of the crypto price, both from the lowest price and the highest price, so that at least he can draw his own conclusions about what decisions he should make, and of course if something bad happens of course he can't blame us, I personally will probably only buy bitcoins right now with half the money I have, and the other half I will use to buy altcoins and keep them for a long time.

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btc78
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October 02, 2021, 10:50:33 AM
 #171

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
your friend should have waited for another month as the price drops down to below 30,000$ this is the best chance to accumulate as the value is very low and discounted,
but of course advising someone to Buy a risky investment is really mind blowing but if you are confident enough and being here for long  then you already knew how profitable crypto if we can keep holding for long time.
at least 3-5 years the most for each bitcoin investing .

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October 03, 2021, 05:49:14 PM
 #172

Though it is risky decision to suggest a person about buying crypto currency. There is no guarantee that price will be rising but for Bitcoin, it's a great investment for any time. Just it needs to hold strongly if the price goes down. Besides, it depends on how close your friend is. I think you can suggest when price of Bitcoin drops again.
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October 04, 2021, 07:21:11 AM
 #173

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
new crypto players will definitely be very scared and think that the current bitcoin price is very high but actually it's not because the price of bitcoin has the potential to continue to rise up to $100k++

you are a wise friend if you recommend your friends to buy bitcoin right now
believe me bitcoin at this price is an opportunity that shouldn't be wasted right

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October 04, 2021, 08:05:04 AM
 #174

In fact, you can recommend your friend to do anything with his money. Either invest in Bitcoin or take a look on altcoins. You just need to show to sides of the coins (give some example how and when people gained and lost) and not insist and hurry with making decision. Giving some statistics would be preferable. But most important - tell your friend not to immediately sell if the price of Bitcoin goes down. Only those who wait and hold get all the cream, others are happy with crumbs.

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SacriFries11
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October 08, 2021, 02:32:45 PM
 #175

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

I suggest tell your friend first the risk of crypto so he can be aware to what can possibly happen, good or bad, excellent or worst. In that case, your friend will be the one to decide on his/her own when to buy, to hold, and to sell. I wonder what you told your friend because I have checked the bitcoin price on the date you posted this topic vs bitcoin price now and I found out that price is lot more better. One important thing bitcoin gave me is that, the best time is always when you have chance so make the most out of it.

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October 08, 2021, 02:41:43 PM
 #176

Here’s a little piece of advice for everybody:  Real friends don’t let friends gamble in crypto.

Never in a million years would I recommend a friend to put money in these ponzis, BTC included.  I’d tell them I have some of this coin or that coin but that’s it.  I’d start helping them to avoid scams if they managed to upload some money to an exchange.  Like Shib...  I’d share that I traded it but would I tell a friend that it’s a good coin to buy?  Hell no!

R


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Kittygalore
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October 08, 2021, 04:44:35 PM
 #177

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You can recommend bitcoin to a friend but always remember to tell off about the risk so that they wont really be expecting that much in regards to this.
They would only realize off things when they do already got the experience on their own. Just dont make any assurances that  they could really profit off from time to time.
Exactly my point, you can't be the person that going to give the advice, tell them about the things that they need to do but do not force them to get in and you don't have to tell them what to do next. That's what makes newbies quit or panic, they thought that it's easy money because the people that told them said so.
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October 08, 2021, 05:26:29 PM
 #178

Exactly my point, you can't be the person that going to give the advice, tell them about the things that they need to do but do not force them to get in and you don't have to tell them what to do next. That's what makes newbies quit or panic, they thought that it's easy money because the people that told them said so.
There is always a risk that beginners and anyone will face if they want to invest in bitcoin without sufficient knowledge. If you want to recommend a friend, then it's also your responsibility to give him some basic knowledge so he understand the risks involved. I'm sure you wouldn't want to take responsibility for your friend's inability to profit and that should have been explained from the start.

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October 08, 2021, 05:31:07 PM
 #179

~
There is always a risk that beginners and anyone will face if they want to invest in bitcoin without sufficient knowledge. If you want to recommend a friend, then it's also your responsibility to give him some basic knowledge so he understand the risks involved. I'm sure you wouldn't want to take responsibility for your friend's inability to profit and that should have been explained from the start.
That's my point in my first reply, they need to teach them and tell them right then and there that there's going to be risks involved investing in crypto that's far more dangerous than any other investment instruments but the problem is that people shouldn't force other people to get in the market and deceive them of riches and such.
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October 08, 2021, 07:03:41 PM
 #180

~
There is always a risk that beginners and anyone will face if they want to invest in bitcoin without sufficient knowledge. If you want to recommend a friend, then it's also your responsibility to give him some basic knowledge so he understand the risks involved. I'm sure you wouldn't want to take responsibility for your friend's inability to profit and that should have been explained from the start.
That's my point in my first reply, they need to teach them and tell them right then and there that there's going to be risks involved investing in crypto that's far more dangerous than any other investment instruments but the problem is that people shouldn't force other people to get in the market and deceive them of riches and such.

I agree. Many beginners just invest seeing their friends just earn profits and invest on the same coin and tend to fall into panic sells which in turn leads to loose huge money. So, yes it's our responsibility to alert them of risks involved in it. This would certainly make many think twice before investing. As money is involved its necessary to analyze before investing. This would eradicate many from loosing money.

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October 10, 2021, 02:33:16 PM
 #181


I agree. Many beginners just invest seeing their friends just earn profits and invest on the same coin and tend to fall into panic sells which in turn leads to loose huge money. So, yes it's our responsibility to alert them of risks involved in it. This would certainly make many think twice before investing. As money is involved its necessary to analyze before investing. This would eradicate many from loosing money.
If you are recommending something, you are responsible to tell also the risk in, not just convincing them that you are getting decent profits and allure them with the potential that they can do the same. A good friend will always concern about the emotion and make sure that whoever they bring to their investment is aware of how the business works.

Though, it's their obligation to do the homework and study things well before starting their investment, it's money and sometimes friends or relatives got some problem when things went wrong about the investment or business.

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October 28, 2021, 01:08:58 PM
Last edit: October 28, 2021, 06:00:39 PM by lucates
 #182

I would never recommend a friend /familiy member to invest into anything.
Agreed! Not only for friends and family, but in general: I don't give investment advice. I can give information, but it's up to them to make a choice.



Do you really have to spam a link in every post you make? I would have merited you if not for that link.


Really a valid point. We can give information to them not financial advice except who are licensed to give financial advice. So definitely we can recommend a friend to buy bitcoin now because now a days it's one of the best investment option. Also some points or suggestions we can give to anyone are,

learn fundamentals/basics.

start with minimum amount.

Keep updated.

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November 03, 2021, 11:58:44 PM
Last edit: November 04, 2021, 08:52:23 AM by STT
 #183

Use 62971 as a buy signal, thats the recent high to the recent low and a 61% recovery of that showing price development upwards.   Along with various other momentum measures, its a reasonable trade.   Of course the hard part is know when have the winds changed and if we trade lower but I think we can break upwards at some point and price is positive at present.

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November 04, 2021, 10:19:32 AM
 #184

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I think if your friend is a long-term investor, then you can continue to buy bitcoin even though the current price has soared and has set record highs many times. However, the ATH level that occurred a few days ago was not the last peak, in the future bitcoin will continue to set new ATH records again. Therefore, before going into an investment, it is better to understand technical analysis before making a decision.

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November 04, 2021, 11:15:09 AM
 #185

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
every increase there is a coming decrease and this is what we have called Correction as other investors are taking their profit.
Quote
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
who are you to tell Him not to invest when he is seeing the increase continuously? that is a wrong perception if you cannot provide complete proof why he does not need to invest for now.
Quote
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
lol Buy Low Sell high thats it.

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November 04, 2021, 01:24:48 PM
 #186

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I think if your friend is a long-term investor, then you can continue to buy bitcoin even though the current price has soared and has set record highs many times. However, the ATH level that occurred a few days ago was not the last peak, in the future bitcoin will continue to set new ATH records again. Therefore, before going into an investment, it is better to understand technical analysis before making a decision.
I think long-term investment or short-term investment is better to buy bitcoin when the price is cheap, currently the price of bitcoin is very high because it is slightly below ATH. when the price is high the chances of falling are much greater, although many people say the price of bitcoin will reach $100k by the end of the year but that doesn't promise anything.

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November 04, 2021, 03:52:24 PM
 #187

Recommending buying bitcoin in my opinion is a good thing, the potential for prices to continue to rise will make us get big profits, I often make statuses on social media to invite friends to know and invest in bitcoin, of course we have to explain the risks because friendship can be damaged if he loses and don't understand the risks.

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November 04, 2021, 04:01:53 PM
 #188

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I think if your friend is a long-term investor, then you can continue to buy bitcoin even though the current price has soared and has set record highs many times. However, the ATH level that occurred a few days ago was not the last peak, in the future bitcoin will continue to set new ATH records again. Therefore, before going into an investment, it is better to understand technical analysis before making a decision.

Aside from being a long-term holder, your friend also needs to understand everything inside this market.
Heavy volatility keeps hurting those newcomers,

not just by looking for passive investment but knowing the grounds and how the market works, are really important before dealing with Bitcoin.

We all read and hear stories about failed investment. Not everyone has the slice of making a good amount of profits from this market.

Your friend should not listen and judge the market is too soon. It's more about doing research and a better understanding to succeed from this investment.
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November 04, 2021, 09:22:26 PM
 #189

Bitcoin is a type of risky investment, before inviting a friend to buy bitcoin the first thing to explain is the risk, many people think they will get a big profit in a short time so buy bitcoin, when the price drops they panic and choose a cut loss, then they say that bitcoin is unfeasible and unprofitable.
Although Bitcoin is a risky investment, I and my family are small investors in Bitcoin. I discuss Bitcoin with my friends but I don't pressure them about this investment. But I made my dear friend interested in investing in Bitcoin.
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November 04, 2021, 09:38:26 PM
 #190

Bitcoin is a type of risky investment, before inviting a friend to buy bitcoin the first thing to explain is the risk, many people think they will get a big profit in a short time so buy bitcoin, when the price drops they panic and choose a cut loss, then they say that bitcoin is unfeasible and unprofitable.
Although Bitcoin is a risky investment, I and my family are small investors in Bitcoin. I discuss Bitcoin with my friends but I don't pressure them about this investment. But I made my dear friend interested in investing in Bitcoin.
As long you do tell them about the risk behind crypto investment then it wouldnt really matter since you had tell them earlier and also  dont make out

any guarantees on making profits because this market is way too unpredictable which you do know as you do already have the experience.Just always tell

them about making investment on which they could only afford to lose and wont be having that all in kind of behavior.

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November 05, 2021, 09:48:06 PM
 #191

Bitcoin is a type of risky investment, before inviting a friend to buy bitcoin the first thing to explain is the risk, many people think they will get a big profit in a short time so buy bitcoin, when the price drops they panic and choose a cut loss, then they say that bitcoin is unfeasible and unprofitable.
Although Bitcoin is a risky investment, I and my family are small investors in Bitcoin. I discuss Bitcoin with my friends but I don't pressure them about this investment. But I made my dear friend interested in investing in Bitcoin.
As long you do tell them about the risk behind crypto investment then it wouldnt really matter since you had tell them earlier and also  dont make out

any guarantees on making profits because this market is way too unpredictable which you do know as you do already have the experience.Just always tell

them about making investment on which they could only afford to lose and wont be having that all in kind of behavior.
You should be telling them so that you wont really be taking some blame whenever the market had plummet because its a common reaction of people
to blame out into those people who had suggested them on such investment which you should really be careful on suggesting something which is risky.
where its just ethical that you wont really be giving them any  guarantees.

Tell them on how risky it is and they wont blame you if they lost up due to volatility.

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November 05, 2021, 10:25:43 PM
 #192

I often advise friends or family to invest in bitcoin even with a small value, I have proven that I can get a profit of up to thousands of dollars per year even though I invest with a small value, I make bitcoin like my regular savings every month even though the value is between $ 100 to $ 200.
^ This year from I think it was $30k price in the market and now it is $60k, who are those who did not earn?
If you are a long-term holding you are safe from being vulnerable because BTC we know it is safe to invest. Nevertheless, if I have a friend I will not teach them if they don't have proper research first even just basic information. It means they are not willing to learn, because by any chance if they lost their money and they will blame you for the cost they spent.
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November 05, 2021, 10:36:21 PM
 #193

At the moment, the price of Bitcoin is at a very high level. It is still very close to ATH, so buying it at this point is not a good idea. However, on the other hand, analysts' predictions say that the price of BTC could go much higher. If I were you, this is how I would answer a friend if he asked me. However, I advise you to avoid advising on investing in cryptocurrencies if you do not have experience in investing yourself.

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November 06, 2021, 09:36:15 AM
 #194

Recommending buying bitcoin in my opinion is a good thing, the potential for prices to continue to rise will make us get big profits, I often make statuses on social media to invite friends to know and invest in bitcoin, of course we have to explain the risks because friendship can be damaged if he loses and don't understand the risks.
That's a very good idea, but the problem now is when is the right time to buy. there is no guarantee after you and your friends buy the price will go up, even more so when you and your friends buy when the bitcoin price is high as it is today. because investing in bitcoin has a very high risk don't forget to tell your friends to use unused money.
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November 06, 2021, 06:21:48 PM
 #195

I often advise friends or family to invest in bitcoin even with a small value, I have proven that I can get a profit of up to thousands of dollars per year even though I invest with a small value, I make bitcoin like my regular savings every month even though the value is between $ 100 to $ 200.
^ This year from I think it was $30k price in the market and now it is $60k, who are those who did not earn?
If you are a long-term holding you are safe from being vulnerable because BTC we know it is safe to invest. Nevertheless, if I have a friend I will not teach them if they don't have proper research first even just basic information. It means they are not willing to learn, because by any chance if they lost their money and they will blame you for the cost they spent.
It is not an easy thing to recommend to friends to buy bitcoin at this time because the price is already high.
and I personally don't want to advise my friends to get involved in bitcoin unless they offer it themselves and before doing so I suggest to study and understand it well first and do some research and also look for the best information to convince it.
because then he will have confidence because of his hard work in doing research and learning everything related to bitcoin and also the risks, I suggest to invest long term and buy gradually when there is a slight decline and suggest buying it from cold money.
and with that I won't be fully blamed if it doesn't live up to expectations and but it will most likely succeed if you do it patiently.

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November 06, 2021, 06:48:22 PM
 #196

I often advise friends or family to invest in bitcoin even with a small value, I have proven that I can get a profit of up to thousands of dollars per year even though I invest with a small value, I make bitcoin like my regular savings every month even though the value is between $ 100 to $ 200.
^ This year from I think it was $30k price in the market and now it is $60k, who are those who did not earn?
If you are a long-term holding you are safe from being vulnerable because BTC we know it is safe to invest. Nevertheless, if I have a friend I will not teach them if they don't have proper research first even just basic information. It means they are not willing to learn, because by any chance if they lost their money and they will blame you for the cost they spent.
It's true that I will not go after them for investment, but I will give that I am quite good with bitcoin investments, as for friends or family who are doing it, do it yourself, of course, with research and I am not responsible for any misconduct so I don't want to be blamed.
It's enough for them to learn how to invest in bitcoin even though it's tempting, it still requires a strong mentality, it's not as easy as what you say because after plunging into this, your friends will feel how nervous it is if there is a decline.

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November 12, 2021, 09:31:06 PM
 #197

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I believe your friend is being pushed by the price spike of Bitcoin and that is not the best time advice someone to invest in crypto currency I must tell you the truth. Some people may advice that at all time is the best time to buy Bitcoin without considering the effects on newbies that are reading their post here. Buy Bitcoin when there panic that it will crash to $30k or $10k and any time its value appreciating and people are saying Bitcoin is going to $100k or even $200k please just sell.
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November 13, 2021, 06:27:07 AM
 #198

At the moment, the price of Bitcoin is at a very high level. It is still very close to ATH, so buying it at this point is not a good idea. However, on the other hand, analysts' predictions say that the price of BTC could go much higher. If I were you, this is how I would answer a friend if he asked me. However, I advise you to avoid advising on investing in cryptocurrencies if you do not have experience in investing yourself.
I already answered this question years ago and my response didn't change. There isn't any price to regret buying bitcoin on unless you are targeting short term profit which is very random and worthless for most investors dealing with small amounts!
People hesitated to buy bitcoin at $1k because it was high at that time, same goes for $13k, $18k, $40k and now $60k. To say that long term holding should be safe whatever the price is.

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November 13, 2021, 06:44:04 PM
 #199

At the moment, the price of Bitcoin is at a very high level. It is still very close to ATH, so buying it at this point is not a good idea. However, on the other hand, analysts' predictions say that the price of BTC could go much higher. If I were you, this is how I would answer a friend if he asked me. However, I advise you to avoid advising on investing in cryptocurrencies if you do not have experience in investing yourself.
I already answered this question years ago and my response didn't change. There isn't any price to regret buying bitcoin on unless you are targeting short term profit which is very random and worthless for most investors dealing with small amounts!

This is very true, and to any no-coiner, I'd recommend buying any 5 figure price right now. When price dropped over 50% to $30K, people were asking if it was too late when it seems more or less clear that it wasn't. This is why to any no-coiner I would recommend Bitcoin at more or less any price for the long-term. I also remember some people investing at $10-20K in 2017, which seemed stupid shortly after when price dropped down to $6K, but the reality is that it wasn't. They were more than willing to buy at $20K, given price could reach $1 million, but not interested in doubling down at $6K which says a lot.

Some people have to buy the tops as they aren't willing to buy the discount it seems, regardless of if prices takes years to recover to that level. At least when price reaches it's previous ATH they appear to be less willing to sell after holding for so many years, unlike others who bought at 10K and sold a few months later at 20K for a quick 2x profit. No doubt buying back in at a much higher level.

Often I find the answer to recommending Bitcoin as an investment isn't about price, it's about exposure. If you don't have any, that's a very risky position to be in. More so than buying a top.

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November 15, 2021, 04:08:16 PM
 #200

There three things those should be consider all the time. One is Why am I investing? second one is Can I handle volatility?, How much can I afford to allocate? If your friend is new to crypto then I think it is better not to involve him here at the moment because there is a high probability of sudden becoming rich or poor. You can explain the whole things to him. If you think that he is eligible then you can recommend.
A little extra, the OP also need to ask if his friend likes to invest in highly volatile asset? I think that will be the 4th question.

About me, investing is not a quick way to get rich but investing is the best way to make money work for the owner. I've heard these words that might motivate us to invest =>if you can't make money while you sleep, then you have to work for the rest of your life<=. This mean money has another function as a worker for you and therefore you can make more money and it is an investment. Although not everyone agrees and has the mindset to invest, suggesting someone to do so is also never wrong as long as he knows what the consequences of the instrument he chooses are.


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November 15, 2021, 05:47:39 PM
 #201

There three things those should be consider all the time. One is Why am I investing? second one is Can I handle volatility?, How much can I afford to allocate? If your friend is new to crypto then I think it is better not to involve him here at the moment because there is a high probability of sudden becoming rich or poor. You can explain the whole things to him. If you think that he is eligible then you can recommend.
A little extra, the OP also need to ask if his friend likes to invest in highly volatile asset? I think that will be the 4th question.

About me, investing is not a quick way to get rich but investing is the best way to make money work for the owner. I've heard these words that might motivate us to invest =>if you can't make money while you sleep, then you have to work for the rest of your life<=. This mean money has another function as a worker for you and therefore you can make more money and it is an investment. Although not everyone agrees and has the mindset to invest, suggesting someone to do so is also never wrong as long as he knows what the consequences of the instrument he chooses are.



Exactly, you need to have that idea before you continue recommending bitcoin as an investment. The risk is too high. Better to check it first with your friend if how far they can handle the pressure. They will surely lose their investment if they are not ready to see their assets losing its value..

After all the assessment, and you are convinced that your friend is really willing to take a step inside this business, your next step is to properly guide them in every possible way that you can, providing additional precautions and all those important fundamentals.

It's hard to see them failing so better to be there to assist them while they are still in the process of understanding the whole
concept of this wide industry.

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November 15, 2021, 06:26:56 PM
 #202

There three things those should be consider all the time. One is Why am I investing? second one is Can I handle volatility?, How much can I afford to allocate? If your friend is new to crypto then I think it is better not to involve him here at the moment because there is a high probability of sudden becoming rich or poor. You can explain the whole things to him. If you think that he is eligible then you can recommend.
Doesnt mean that you do become rich or poor.What matter most on here is the opportunity on where crypto could give.Its a bit selfish kind of act on where you dont tell someone just because of those things.

Explain to them about volatility and risk then you would able to tell him confidently without worrying that much as long he do knows the risk then you couldnt really be blamed out in case he would lost

up some of his investment.What matter most on here is that he do already knows that there's market like this do exist and the kind of opportunity that it gives.

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November 15, 2021, 06:38:16 PM
Last edit: June 12, 2023, 12:31:33 AM by STT
 #203

I wouldnt buy right this moment, wait for this current indecision to resolve itself better.   So either we break 63k downwards or get a new high seems reasonable directions from here but so far just sideways and every rise is sold like today.

Its a busy chart, there is of course the choice to just buy a little every month because you could be here forever not quite sure.

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November 15, 2021, 07:27:27 PM
 #204

If your friend is ok to invest and wait for long term then yes, anytime you can buy as market is volatile. The current situation is moving sideways as said above and yes that is the indication of small correction is going to happen followed by a uptrend. So better make your call to buy it. I would say its the best time now to invest in Bitcoin and its growth is going to yielding a assured profit in few months or an year.

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November 17, 2021, 08:59:14 PM
 #205

If your friend is ok to invest and wait for long term then yes, anytime you can buy as market is volatile. The current situation is moving sideways as said above and yes that is the indication of small correction is going to happen followed by a uptrend. So better make your call to buy it. I would say its the best time now to invest in Bitcoin and its growth is going to yielding a assured profit in few months or an year.
Invest on the amount that he could afford to lose and always remind him about that this market doesnt guaranteed out profits no matter how good looking it is.Make sure that you wouldnt really be giving any guarantees or boost up of emotion that it do looks like that he could really make out some money and make sure that he do able to realize things on early basis so that he could able to handle things up.

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November 19, 2021, 12:03:41 PM
 #206

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I think if your friend is a long-term investor, then you can continue to buy bitcoin even though the current price has soared and has set record highs many times. However, the ATH level that occurred a few days ago was not the last peak, in the future bitcoin will continue to set new ATH records again. Therefore, before going into an investment, it is better to understand technical analysis before making a decision.
I think long-term investment or short-term investment is better to buy bitcoin when the price is cheap, currently the price of bitcoin is very high because it is slightly below ATH. when the price is high the chances of falling are much greater, although many people say the price of bitcoin will reach $100k by the end of the year but that doesn't promise anything.
Actually, a simple way that will make it easier for someone to know when is the right time to buy bitcoin is when the price has started to move up after the price has left the lowest point in a downtrend. In addition, in long-term or short-term investments, it takes patience and thoroughness to really be able to determine the time. Do not panic easily and must always be calm in every condition.

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November 24, 2021, 08:38:52 PM
 #207

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I think if your friend is a long-term investor, then you can continue to buy bitcoin even though the current price has soared and has set record highs many times. However, the ATH level that occurred a few days ago was not the last peak, in the future bitcoin will continue to set new ATH records again. Therefore, before going into an investment, it is better to understand technical analysis before making a decision.
I think long-term investment or short-term investment is better to buy bitcoin when the price is cheap, currently the price of bitcoin is very high because it is slightly below ATH. when the price is high the chances of falling are much greater, although many people say the price of bitcoin will reach $100k by the end of the year but that doesn't promise anything.
Actually, a simple way that will make it easier for someone to know when is the right time to buy bitcoin is when the price has started to move up after the price has left the lowest point in a downtrend. In addition, in long-term or short-term investments, it takes patience and thoroughness to really be able to determine the time. Do not panic easily and must always be calm in every condition.
Then how you do able to recognize that one? What if the price had just increased a bit and then crash or dump down after that mini pump? For sure it would leave out some bad impressions yet you had suggested on that one.

Everything could really be in random and it would be more better if you do suggest out your friend on investing on the amount that he could afford to lose whenever the price situation would may be.

Dont give out assurances just like on what others been saying because that would really just affect your friendship on others.

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November 25, 2021, 04:00:22 AM
 #208

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
You can bring someone into bitcoin investment and as guide the person for the period is suppose to harvest what is planted, bitcoin investment is like plantation of crops or other plans, you can only harvest a crop when it exceed the year of it's maturity time, when you buy bitcoin and panic to sell you may not have profit but when it matured before selling you will make a profit.

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November 28, 2021, 08:53:46 PM
 #209

I'll repeat what I've been saying all the time: be careful when encouraging or recommending a friend to buy bitcoin or altcoin because your friend might sell things or borrow money and buy bitcoin and then the bitcoin price drops too much and your friend stays with losses and with it your friend will hate you

At this point I would not recommend to any friend to buy Bitcoin. Because now the market is in full swing and downward trend.

even when it's in an uptrend, it's dangerous to recommend bitcoin to a friend

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November 29, 2021, 02:54:53 AM
 #210

At this point I would not recommend to any friend to buy Bitcoin. Because now the market is in full swing and downward trend. I think we should wait a few more days. It remains to be seen where the next movement will go. In particular, some countries are going to pass new bills on the cryptocurrencies in their country. I think if we get a clear idea about these issues, we will know what will be the next movement.
Currently the market conditions are recovering and the bitcoin price is slowly increasing, would you recommend your friends to buy?
I think buying when the price is going up or down has the same risk.  Buying when the price is rising does not mean you have no risk because you could be caught in a bull trap.

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November 29, 2021, 05:52:10 PM
 #211

Now a days I come across my friends who become aware of Bitcoin, come and ask if they can confidently invest on Bitcoin and other crypto currencies since they know I am here. I have yes explained them what is the risk and profits out of investing on Bitcoin and elaborated them the market moment. I have even showed them my earnings proof in trading and advised them few best exchanges to sign up and invest on best coins including Bitcoin.   

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November 29, 2021, 06:48:08 PM
 #212

Now a days I come across my friends who become aware of Bitcoin, come and ask if they can confidently invest on Bitcoin and other crypto currencies since they know I am here. I have yes explained them what is the risk and profits out of investing on Bitcoin and elaborated them the market moment. I have even showed them my earnings proof in trading and advised them few best exchanges to sign up and invest on best coins including Bitcoin.   
Until now, there are still many friends who ask about bitcoin investment, which is so widely recommended on social media, but my friend still lacks an explanation so this requires me to explain it.
What I understand, of course, I will explain just like you, your friends, because bitcoin news has now spread widely among ordinary people so I need to give an explanation first before they invest in bitcoin.

And the most important thing is the risk that must be faced, you must not panic, you must be mentally prepared when the market is down, so that's what I need to explain.

After they find out whatever the decision is in the hands of their friends.

R


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November 29, 2021, 06:53:40 PM
 #213

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If market conditions are declining for bitcoin, then it's a good idea to make a purchase, after that make a short-term scheme to trade, even I see the current market bitcoin is still in a correction condition, that's a sign that it's suitable to make a purchase, depending on the readiness of the capital you have, but if the price of bitcoin is still at the price as it is today, so the short-term scheme is good enough to apply, so that the results of buying bitcoin today can be utilized in the near future and most importantly panic is not a solution to all problems.

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November 29, 2021, 07:06:06 PM
 #214

Right this moment its best to wait for price action to prove itself above the 50 day average.   Its confusing because today price is rising, the sell from the variant news is not as bad as it could have been.  That might continue positively but the safest point is once we have reconfirmed our path upwards, where as today is just a trade gain that can reverse back on itself.  Situation is still live, as said regular buys over longer term are still likely just fine as an average is safer overall.
  3 weeks is the rough time line for pricing vs news to even out,  I think we will trade within a range really.

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November 29, 2021, 11:41:32 PM
 #215

Right this moment its best to wait for price action to prove itself above the 50 day average.   Its confusing because today price is rising, the sell from the variant news is not as bad as it could have been.  That might continue positively but the safest point is once we have reconfirmed our path upwards, where as today is just a trade gain that can reverse back on itself.  Situation is still live, as said regular buys over longer term are still likely just fine as an average is safer overall.
  3 weeks is the rough time line for pricing vs news to even out,  I think we will trade within a range really.
For a beginner then this would really be on that technical side of things and someone explaning something like this would really be hard for their friend
to understand thats why you shouldnt really come to this point when explaining things.

For advanced users then they wouldnt be typically asking out these things yet its impossible for someone to ask out in regarding with this one knowing that
they could make on their own which means it wouldnt be necessary.

Just dont give out some assurance whenever you do introduce things to other people.

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November 29, 2021, 11:48:56 PM
 #216

If your friend is ok to invest and wait for long term then yes, anytime you can buy as market is volatile.
For the long-term holding, it is better to wait for the bearish season. There is no need to hurry to buy Bitcoin now, it is still in bullish season. Another thing that you must tell your friends is about no guarantee for profits. Investing in Bitcoin doesn't mean 100% successfully with high profits, it depends on many factors. In reality, there are also many people who lost their money in Bitcoin if investing carelessly and with no sufficient knowledge. So, you need to suggest your friends learn Bitcoin and crypto market constantly, and always update information as well.

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November 30, 2021, 07:37:11 PM
 #217

If your friend is ok to invest and wait for long term then yes, anytime you can buy as market is volatile.
For the long-term holding, it is better to wait for the bearish season. There is no need to hurry to buy Bitcoin now, it is still in bullish season. Another thing that you must tell your friends is about no guarantee for profits. Investing in Bitcoin doesn't mean 100% successfully with high profits, it depends on many factors. In reality, there are also many people who lost their money in Bitcoin if investing carelessly and with no sufficient knowledge. So, you need to suggest your friends learn Bitcoin and crypto market constantly, and always update information as well.

For long term hodling then you wouldnt really mind about on what price point you would gonna buy because you are aiming for long term which means no matter what price you do able to buy your coin then this wont really be much of an issue yet you can bare with that but if you do like to see profits on short term basis then its up to you whether you do mind on waiting for cheaper price or when the market
tends to have some pullback or correction.Its a matter of choice for someone to make.

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December 04, 2021, 02:10:13 PM
 #218

this year bitcoin has reached ATH 2 times and for the future no one can predict it with certainty, according to anytime is the right time to have bitcoin because very fast price movements allow everything to happen both profit and loss and what will what happens in the future with bitcoin, as many people have predicted, of course it is not too late to buy now.
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December 04, 2021, 08:22:26 PM
 #219

this year bitcoin has reached ATH 2 times and for the future no one can predict it with certainty, according to anytime is the right time to have bitcoin because very fast price movements allow everything to happen both profit and loss and what will what happens in the future with bitcoin, as many people have predicted, of course it is not too late to buy now.
And now the market had plummeted which means we are on now on sale because bitcoin is cheaper compared when it was a few days ago which i could say that this is the best time on accumulating cheaper bitcoins but you shouldnt really give out sureness about making profits into your friend because
price is always been unpredictable and there's no way that you could able to know on where it would be going or heading.
Anyone could introduce bitcoin or crypto but always remind about the risk.

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December 05, 2021, 01:22:28 PM
 #220

this year bitcoin has reached ATH 2 times and for the future no one can predict it with certainty, according to anytime is the right time to have bitcoin because very fast price movements allow everything to happen both profit and loss and what will what happens in the future with bitcoin, as many people have predicted, of course it is not too late to buy now.
And now the market had plummeted which means we are on now on sale because bitcoin is cheaper compared when it was a few days ago which i could say that this is the best time on accumulating cheaper bitcoins but you shouldnt really give out sureness about making profits into your friend because
price is always been unpredictable and there's no way that you could able to know on where it would be going or heading.
Anyone could introduce bitcoin or crypto but always remind about the risk.

Yes yesterday the bitcoin price dropped significantly from $56k to $42k as the lowest price in 24 hours, so now as you said is the right time to buy bitcoin because we can get more bitcoin for cheap price, believe me usually after experiencing a significant decline in then after that there will be a big pump going on in the price of bitcoin in the near future.


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December 05, 2021, 02:26:14 PM
 #221


Yes yesterday the bitcoin price dropped significantly from $56k to $42k as the lowest price in 24 hours, so now as you said is the right time to buy bitcoin because we can get more bitcoin for cheap price, believe me usually after experiencing a significant decline in then after that there will be a big pump going on in the price of bitcoin in the near future.
today's bitcoin price has added $6k since its low in recent weeks. Bitcoins are at a discount and this is the best time to add or buy bitcoins. in the future bitcoin will definitely make a new ATH again.

R


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December 05, 2021, 02:53:52 PM
 #222

this year bitcoin has reached ATH 2 times and for the future no one can predict it with certainty, according to anytime is the right time to have bitcoin because very fast price movements allow everything to happen both profit and loss and what will what happens in the future with bitcoin, as many people have predicted, of course it is not too late to buy now.
And now the market had plummeted which means we are on now on sale because bitcoin is cheaper compared when it was a few days ago which i could say that this is the best time on accumulating cheaper bitcoins but you shouldnt really give out sureness about making profits into your friend because
price is always been unpredictable and there's no way that you could able to know on where it would be going or heading.
Anyone could introduce bitcoin or crypto but always remind about the risk.

Yes yesterday the bitcoin price dropped significantly from $56k to $42k as the lowest price in 24 hours, so now as you said is the right time to buy bitcoin because we can get more bitcoin for cheap price, believe me usually after experiencing a significant decline in then after that there will be a big pump going on in the price of bitcoin in the near future.
price correction is a very reasonable thing and no one can know for sure to what extent the Bitcoin price correction will occur, therefore when compared to some time ago the current Bitcoin price is already low and of course it is very appropriate to buy it now, with all possibilities What could happen is that the decision to buy Bitcoin at this time I think will be very worth it because the very fast price movements make it possible to be able to take profits.
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December 05, 2021, 11:35:52 PM
 #223

this year bitcoin has reached ATH 2 times and for the future no one can predict it with certainty, according to anytime is the right time to have bitcoin because very fast price movements allow everything to happen both profit and loss and what will what happens in the future with bitcoin, as many people have predicted, of course it is not too late to buy now.
And now the market had plummeted which means we are on now on sale because bitcoin is cheaper compared when it was a few days ago which i could say that this is the best time on accumulating cheaper bitcoins but you shouldnt really give out sureness about making profits into your friend because
price is always been unpredictable and there's no way that you could able to know on where it would be going or heading.
Anyone could introduce bitcoin or crypto but always remind about the risk.

Yes yesterday the bitcoin price dropped significantly from $56k to $42k as the lowest price in 24 hours, so now as you said is the right time to buy bitcoin because we can get more bitcoin for cheap price, believe me usually after experiencing a significant decline in then after that there will be a big pump going on in the price of bitcoin in the near future.
price correction is a very reasonable thing and no one can know for sure to what extent the Bitcoin price correction will occur, therefore when compared to some time ago the current Bitcoin price is already low and of course it is very appropriate to buy it now, with all possibilities What could happen is that the decision to buy Bitcoin at this time I think will be very worth it because the very fast price movements make it possible to be able to take profits.
I don't think there is a bad time to buy bitcoin if you have the gut to HODL it for some time. The best strategy to make a good profit with bitcoin is just by HODLing. HODLing bitcoin for the long term is the best idea unless if you are doing day trading which is too risky if you don't have trading skills and experience. if you want to buy the dip and sell later, well now is a good time to buy.

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December 06, 2021, 01:14:22 AM
 #224

Considering the current situation, i think at this time i can recommend t my friend who want to invest because the price of bitcoin is much lower than before. If anyone can invest at this moment the it would be very easy to catch fruits. In this year we get new ATH of bitcoin. We hope it will get one another ATH shortly so those who have the ability to invest with taking the risk i think it is better to invest right now.
Everytime bitcoin is declining, we know its a chance for us to take advantage. Thus buying at this point is a good decision specially if you're aiming for long term profit. Old investors are aware that the longer you hold your bitcoin, the chances of having big gains are high but it takes a lot of patience.

I already convince my sister to buy Bitcoin since she is also interested in holding it for long period. But I made sure she's aware of the possible outcome if she invest. Because it has still risk since we're not certain if the price will drop further or recover sooner.

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December 06, 2021, 03:21:32 AM
 #225

Start to buy is fairly ok, I think we can bounce at these price levels for the reason we meet an old trend from prior peaks.   Its just a theory but a regular buy has many chances to engage the market rather then the speculation of just one trade attempting to buy a low and sell a high.
   Put it this way we are 20% lower and yet many thought the highs were fair entry for a longer term price gain and its still possible now we do achieve greater highs just from this lower point.

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December 08, 2021, 09:46:16 AM
 #226

bitcoin market price movement is very fast that's why i think anytime is the right time but maybe just need to wait a little while the market is correcting with the chart continuing to decline after that everything will be normal and everyone can take profit with fast price movements every day .
Bitcoin has reached its highest price for this year and even so many observers and people who own Bitcoin still want or speculate that the price of bitcoin will continue to increase I think that is very logical with the very large interest in bitcoin today.
I always think that it's never too late to start something as well as wanting to own bitcoin.
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December 08, 2021, 10:13:24 AM
 #227

We can all recommends friends to buy Bitcoin but not in the high price because high price comes with the high risk. We need to also explain to our friend first on how Bitcoin price rise and fall or give them precautions before they do buying, because if we recommend them to buy btc they will surely did not understand it and maybe they will loss if they buy it without proper understanding.

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December 08, 2021, 10:28:18 PM
 #228

We can all recommends friends to buy Bitcoin but not in the high price because high price comes with the high risk. We need to also explain to our friend first on how Bitcoin price rise and fall or give them precautions before they do buying, because if we recommend them to buy btc they will surely did not understand it and maybe they will loss if they buy it without proper understanding.
We can recommend but dont forget to tell them about the risk that this investment isnt something get-rich quick scheme which means that you would still need to work hard and be wise on making out decisions so that you would really get benefit from it.

Never ever give some assurances because that will surely cost your friendship if ever the market would go into opposite direction.

You can recommend but dont give that hope that he will make money in short time.It will always vary on how the market moves.

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December 09, 2021, 09:48:34 AM
 #229

We can all recommends friends to buy Bitcoin but not in the high price because high price comes with the high risk. We need to also explain to our friend first on how Bitcoin price rise and fall or give them precautions before they do buying, because if we recommend them to buy btc they will surely did not understand it and maybe they will loss if they buy it without proper understanding.
We can recommend but dont forget to tell them about the risk that this investment isnt something get-rich quick scheme which means that you would still need to work hard and be wise on making out decisions so that you would really get benefit from it.

Never ever give some assurances because that will surely cost your friendship if ever the market would go into opposite direction.

You can recommend but dont give that hope that he will make money in short time.It will always vary on how the market moves.
investing in bitcoin is not a get-rich-quick scheme but when compared to other investments bitcoin is able to provide the fastest and greatest returns. but of course all of that is also accompanied by a high risk, in other words recommending a friend to buy bitcoin also has a very big responsibility.

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December 09, 2021, 10:05:47 AM
 #230

Robinson66, I think you are misunderstanding Bitcoin and cryptocurrency. Bitcoin is not something that was created to make some people rich and others poor. If your friends wants to invest in Bitcoin, because he wants to earn, then he can invest in any other cryptocurrency and earn as well, or invest in something else. It does not matter where to invest, everything is able to give profit (investor just need to make a research).

You should recommend your friend to buy a technology or opportunity. That can be made anytime.

R


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December 09, 2021, 10:13:57 AM
 #231

investing in bitcoin is not a get-rich-quick scheme but when compared to other investments bitcoin is able to provide the fastest and greatest returns. but of course all of that is also accompanied by a high risk, in other words recommending a friend to buy bitcoin also has a very big responsibility.
yes that's true, because investing in bitcoin has a big risk of course suggesting someone buying bitcoin also has a big responsibility. To be honest, until now I have not dared to recommend anyone to buy bitcoin because the risk is very high, plus a new investor is easy to panic when he sees the market going down.

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December 09, 2021, 01:05:35 PM
 #232

investing in bitcoin is not a get-rich-quick scheme but when compared to other investments bitcoin is able to provide the fastest and greatest returns. but of course all of that is also accompanied by a high risk, in other words recommending a friend to buy bitcoin also has a very big responsibility.
yes that's true, because investing in bitcoin has a big risk of course suggesting someone buying bitcoin also has a big responsibility. To be honest, until now I have not dared to recommend anyone to buy bitcoin because the risk is very high, plus a new investor is easy to panic when he sees the market going down.
I felt stupid to those encouraging their friends or family's that they can become rich in sooner time because there is no such thing in crypto unless you can find a GEM .

but if not? it is always bad idea to just believe that there is an easy profit when the truth is? this is not what crypto is all about.

This is a currency that we can use for long time and not just for profiteering .

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December 11, 2021, 02:07:05 PM
 #233

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Bitcoin market price moves so fast every day, I think that anytime is the right time for us to have it with all the possibilities that we will get.
but it is better if we look at market conditions first and decide to buy when the price is really low.
at this time very many people speculate that Bitcoin will return to its peak price and many people predict it will be at 6 digit numbers of course if we look at today's market conditions it is very possible and of course for people who are holding Bitcoin will not panic to sell it even though price shifts continue to occur every day.

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Lmaooo
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December 11, 2021, 10:07:02 PM
 #234

We can all recommends friends to buy Bitcoin but not in the high price because high price comes with the high risk. We need to also explain to our friend first on how Bitcoin price rise and fall or give them precautions before they do buying, because if we recommend them to buy btc they will surely did not understand it and maybe they will loss if they buy it without proper understanding.
We can recommend but dont forget to tell them about the risk that this investment isnt something get-rich quick scheme which means that you would still need to work hard and be wise on making out decisions so that you would really get benefit from it.

Never ever give some assurances because that will surely cost your friendship if ever the market would go into opposite direction.

You can recommend but dont give that hope that he will make money in short time.It will always vary on how the market moves.
investing in bitcoin is not a get-rich-quick scheme but when compared to other investments bitcoin is able to provide the fastest and greatest returns. but of course all of that is also accompanied by a high risk, in other words recommending a friend to buy bitcoin also has a very big responsibility.
Bitcoin is a very good investment if you can HODL it long-term. If your friend has the gut to HODL bitcoin long-term then he can make a lot of money. imagine how much the guys that invested in bitcoin early made in pure profits by just HODLing bitcoin long-term. Bitcoin is only profitable if you can HODL it long-term. They say fortune favors the bold not weak and so does the bitcoin. 

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December 12, 2021, 11:36:54 PM
 #235

Bitcoin is a very good investment if you can HODL it long-term. If your friend has the gut to HODL bitcoin long-term then he can make a lot of money. imagine how much the guys that invested in bitcoin early made in pure profits by just HODLing bitcoin long-term. Bitcoin is only profitable if you can HODL it long-term. They say fortune favors the bold not weak and so does the bitcoin. 
the problem is that new investors will usually feel panicked when the price suddenly drops drastically, especially at this time the price of bitcoin is still relatively high so the risk of a price decline is still quite high. Therefore it is very important to provide information about bitcoin price movements which are very volatile to new potential investors, with this information it will certainly make them more prepared to face the risks they will face when investing in bitcoin.
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December 15, 2021, 02:27:48 AM
 #236

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。


If he wants to buy, while not let him it could rise you know... He may think you played him, live have seen one, all together it doesn't matter if is rising or falling but we all know it will rise, we all need to be careful and patience
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December 15, 2021, 10:32:05 AM
 #237

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Of course it is very good to invest in Bitcoin. But you need to be careful when investing in cryptocurrencies. Because the cryptocurrency market is very unstable. The increase that occurs may be just speculation from the results of the news, so you have to be careful. you still have to adjust your investment choices to your risk profile. Don't let the investment you make doesn't match your expectations, your finances will be shattered and entangled in debt here and there

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December 15, 2021, 10:57:57 AM
 #238

this year bitcoin has reached ATH 2 times and for the future no one can predict it with certainty, according to anytime is the right time to have bitcoin because very fast price movements allow everything to happen both profit and loss and what will what happens in the future with bitcoin, as many people have predicted, of course it is not too late to buy now.
what? I read it three times but still i can't get it, i mean what your saying above mate only the last part.  Grin  of course its not too late to buy while it still making correction. Infact that's a big opportunity because you can buy at the very dip level. Just be patient and also think positive if you already put your money in it because this situation is part of the market game up and down or buy low and sell high.. So expect after the very dip there will be more buyers again until the price skyrocketed, just don't be hasty.
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December 15, 2021, 12:30:42 PM
 #239

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Of course it is very good to invest in Bitcoin. But you need to be careful when investing in cryptocurrencies. Because the cryptocurrency market is very unstable. The increase that occurs may be just speculation from the results of the news, so you have to be careful. you still have to adjust your investment choices to your risk profile. Don't let the investment you make doesn't match your expectations, your finances will be shattered and entangled in debt here and there

Expectation against realities. It's true that before you enter this market, make sure that you are willing and ready for how the market fluctuates. There are lots of sway that you need to consider. Many traders, especially those newcomers, losses their money because of
misconceptions.

Thinking that pump or hype will give them huge amount of profits, only to find out that they just trapped out and they
don't have any option but to accept that they failed and move away.

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December 16, 2021, 05:14:48 PM
 #240

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
now that you can see for yourself in the market that the bitcoin price is correcting then this is a good opportunity to buy more bitcoins.  I have a whatsapp group and urge members to buy bitcoins right now because bitcoin prices are under $50k and this is a good opportunity to buy..

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December 16, 2021, 06:14:18 PM
 #241

At this time, everyone in the crypto world is in a panic about which direction the Bitcoin movement could go. There are various speculations about this at every moment. As it is a volatile currency, everyone is trying their best. I think it should take a little longer to commander someone. 

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December 16, 2021, 07:27:20 PM
 #242

Market fluctuation is the nature of crypto and never worry about it. Just move forward investing into crypto currencies. So just be confident enough in explaining stuffs on Bitcoin. Inform the ups and downs, pros and cons. We have huge opportunities in this forum. Explain them max so that they get in here and enhance their financial situation.

.
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DU18
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December 16, 2021, 09:13:09 PM
 #243

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
We can't guess what market conditions will be like in the future, the volatile nature of bitcoin of course can cause all possible conditions that occur, so it's better for us to wait for the right time to enter the market, I personally will not try to enter to buy bitcoin when the price is rising suddenly, because it's better for me to wait for bitcoin to experience a correction and enter if I really believe that the price has really fallen to the limit of decline.

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December 16, 2021, 11:04:16 PM
 #244

At this time, everyone in the crypto world is in a panic about which direction the Bitcoin movement could go. There are various speculations about this at every moment. As it is a volatile currency, everyone is trying their best.
Why would everyone be panic?
This is not the first time the Bitcoin halving effect market will experience market correction and the last time I check only the inexperienced will be panic instead of setting aside some capital that can be used to buy if the correction happens.

I think it should take a little longer to commander someone. 
If the person is planning to hold for the long term (at least 4years), there's nothing bad in buy Bitcoin now but the person need to understand the crypto market so she won't panic sell when the market blood bath happen.

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December 16, 2021, 11:09:24 PM
 #245

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
We can't guess what market conditions will be like in the future, the volatile nature of bitcoin of course can cause all possible conditions that occur, so it's better for us to wait for the right time to enter the market, I personally will not try to enter to buy bitcoin when the price is rising suddenly, because it's better for me to wait for bitcoin to experience a correction and enter if I really believe that the price has really fallen to the limit of decline.

If you are going after for long term aspect then entering times wont really be an issue but if you are longing for short term then you would really be needing to wait up for the right time or possible bottom or dip or price before you do enter.You could really make out some recommendations on your friend about investing with bitcoin but always give out that warning or caution about the risk involved and never give out guarantees that they would
make money if you dont like yourself to be blamed out once they do experience some lossess or negative investment.

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December 17, 2021, 03:37:49 AM
 #246

At this time, everyone in the crypto world is in a panic about which direction the Bitcoin movement could go.
Not everyone are in panic.
The ones who are panicking right now are the newbie ones who just threw their money into crypto and just hoping for the best. Another are those investors who bought Bitcoin at its peak because they are hoping at that time that it is the start of Bitcoin going to $100,000 already but looks like they have false hope Cheesy.

There are various speculations about this at every moment. As it is a volatile currency, everyone is trying their best.
Speculations? We've hearing them always. From so-called analysts to technical analysts in Youtube to crypto influencers to an Average Joe out there. Anybody can share their own speculations especially when the market is at its sideways movement.

I think it should take a little longer to commander someone.  
Thanks for your own speculation Smiley.

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December 17, 2021, 08:15:32 AM
 #247

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If it increases, I don't think it's the right time to buy bitcoin at this time, bitcoin resistance will return to normal prices is a scenario, it is proven by the number of investors who continue to pound the market, meaning they are preparing for recovery conditions for the future, be careful if you want buy at this time.
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December 17, 2021, 09:45:39 AM
 #248

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If it increases, I don't think it's the right time to buy bitcoin at this time, bitcoin resistance will return to normal prices is a scenario, it is proven by the number of investors who continue to pound the market, meaning they are preparing for recovery conditions for the future, be careful if you want buy at this time.
Now the price of Bitcoin has decreased and even reached 45k which is a sign that the market is still very likely to continue in a bearish trend. It is an uncertainty that no one knows for sure to what extent the price of Bitcoin will fall.
for an increase of only 3k i think it's normal the price of bitcoin moves so fast every day can't make a sign that the price will continue to rise.
and if to invest in Bitcoin of course when a price correction like now is the most appropriate choice or waiting for the Bitcoin price for the next correction is also a good choice but one thing that must be achieved is that we can only speculate about many things in the future that can just happened.
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December 17, 2021, 11:49:22 AM
 #249

If he can accept your offer now, he will probably be grateful because bitcoin is in a great position to put it in the basket.  Bitcoin is a long-term road, stick with it and you will get great things.  Bitcoin opens up a fair chance, timing and availability can benefit that friend even more.
More about him is always building, keeping his bitcoin shelf.  I could not convince my friends, or colleagues because they are short-sighted and conservative, but I shared more with my family members, even my wife  for bitcoin.
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December 21, 2021, 08:10:37 AM
 #250

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If it increases, I don't think it's the right time to buy bitcoin at this time, bitcoin resistance will return to normal prices is a scenario, it is proven by the number of investors who continue to pound the market, meaning they are preparing for recovery conditions for the future, be careful if you want buy at this time.
Now the price of Bitcoin has decreased and even reached 45k which is a sign that the market is still very likely to continue in a bearish trend. It is an uncertainty that no one knows for sure to what extent the price of Bitcoin will fall.
for an increase of only 3k i think it's normal the price of bitcoin moves so fast every day can't make a sign that the price will continue to rise.
and if to invest in Bitcoin of course when a price correction like now is the most appropriate choice or waiting for the Bitcoin price for the next correction is also a good choice but one thing that must be achieved is that we can only speculate about many things in the future that can just happened.
Market conditions like this will continue, it is not easy to predict what price bitcoin will rise to in the future, but if you look at the market scenario, this is a correction that will bring bitcoin to a high price, last year bitcoin did not reach the price like today, even the correction continues to force bitcoin down, but by the middle of last year bitcoin had reached its previous high, let's see what bitcoin next year will look like.
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December 23, 2021, 10:31:25 PM
 #251

investing in bitcoin is not a get-rich-quick scheme but when compared to other investments bitcoin is able to provide the fastest and greatest returns. but of course all of that is also accompanied by a high risk, in other words recommending a friend to buy bitcoin also has a very big responsibility.
yes that's true, because investing in bitcoin has a big risk of course suggesting someone buying bitcoin also has a big responsibility. To be honest, until now I have not dared to recommend anyone to buy bitcoin because the risk is very high, plus a new investor is easy to panic when he sees the market going down.
I felt stupid to those encouraging their friends or family's that they can become rich in sooner time because there is no such thing in crypto unless you can find a GEM .

but if not? it is always bad idea to just believe that there is an easy profit when the truth is? this is not what crypto is all about.

This is a currency that we can use for long time and not just for profiteering .

Sometimes they just want to make a temporary profit without them thinking that the crypto world is also not as easy as imagined and even has a big risk.
What's more cryptocy is currently in a phase of drastic decline, so it's a shame if they push their family and friends just to make a profit, it's a loss.
Crypto money also has its own value if we can analyze it we will never lose it.
There are exemptions into those projects or coins that does have really that potential but not all would really be into that category which it really makes a hard option for us to choose.

We can recommend bitcoin all we can but don't forget to tell out the possible risk that lies ahead because this isn't something talks about making profit always but also
involves losing money too and don't let them to be hopeful on what lies ahead on positive manner because it would really be a big mess up
if someone sues you because they had lost money.

R


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Questat
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December 24, 2021, 09:41:55 AM
 #252

When the crypto market get better position , many people, especially those who are new, become very enthusiastic. But at some point, when the market starts to decline, their situation changes. At one point they could no longer hold and sold at a lower price. This kind of situation happens all the time. So you should recommend someone before think twice and if you recommend, you should definitely share these positive and negative aspects.
That's completely correct, most of the time, when I recommend bitcoin to my friends, they don't mind me when the market is struggling or in bearish mode, but when they market is bullish, they'll come to me and wanted to be guided, these people just want to get victim of FOMO as they only buy during the bull run and I would not be surprise if they'll panic once the market dump.

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December 24, 2021, 11:41:30 PM
 #253

At this time, everyone in the crypto world is in a panic about which direction the Bitcoin movement could go. There are various speculations about this at every moment. As it is a volatile currency, everyone is trying their best. I think it should take a little longer to commander someone.  
Many people say that the current price decline is a sign that bitcoin will soon enter a bearish phase, on the other hand many say that the current price decline is only temporary because many people are selling bitcoin for Christmas celebrations and year-end holidays. in other words right now everyone agrees that the bitcoin price is moving downwards but when the bitcoin price will recover no one knows.

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December 24, 2021, 11:49:20 PM
 #254

At this time, everyone in the crypto world is in a panic about which direction the Bitcoin movement could go. There are various speculations about this at every moment. As it is a volatile currency, everyone is trying their best. I think it should take a little longer to commander someone. 
Many people say that the current price decline is a sign that bitcoin will soon enter a bearish phase, on the other hand many say that the current price decline is only temporary because many people are selling bitcoin for Christmas celebrations and year-end holidays. in other words right now everyone agrees that the bitcoin price is moving downwards but when the bitcoin price will recover no one knows.

As we don't know where will bitcoin go next, it is better to review first your goals here.
Are you here for short term or long term? Because the next steps will depend on your decision here.
For short term, you need to be always updated with the market so you will not sell it at a loss.
Whereas, if long term, you can always accumulate more once the price is going down.
Because if you are here for long term, it means, you believe that bitcoin has good future.
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December 25, 2021, 02:10:25 AM
Last edit: June 12, 2023, 12:21:49 AM by STT
 #255

In the most eternal friend buying stakes, the dial is turned to certainly reasonable but not for sure.   Its not yet a breakout scenario imo but a very positive bounce to consider.   Higher lows make for a brighter outlook and following a moving average upwards.    The uncertain dilemma would be that during holidays for some and this weekend for all the price must meet an area of decline where it first halted before descending lower.   
  We have recovered the worst of the losses during December but must not continue positively past the 52k area to seal those gains as solid not temporary fluctuations.  If it hesitated here on the way down, it can easily be a ceiling on the way up.

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December 25, 2021, 04:41:44 AM
 #256

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
But now stays at least steady at 50k for whole day , christmas day boost the price but I don't think that this will last long.

it has been the whales is tricking weak and greed investors again to be put in trap before the year ends.

there are so many desperate people here that expect another ATH before this 2021 ends and this is what the whales taking as opportunity to bag money.
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December 25, 2021, 06:19:36 AM
 #257

As we don't know where will bitcoin go next, it is better to review first your goals here.
Are you here for short term or long term? Because the next steps will depend on your decision here.
For short term, you need to be always updated with the market so you will not sell it at a loss.
Whereas, if long term, you can always accumulate more once the price is going down.
Because if you are here for long term, it means, you believe that bitcoin has good future.

Yes precisely and well said mate, the market of bitcoin today is cannot be determined if we are already in the bear season because the resistance of the price is strongly standing at $45k above, now, it sits at $50k and the thing is we don't know how long will the $50k stays or if it would going up or down, no one can tell about it. Actually, I am also one of the investors that looking forward to the another ATH of bitcoin however, I am already in condition to hold my bitcoin in long term investment but for those who are just aiming for short term investment, I can't say if this is the perfect time to recommend a friend or to decide to buy bitcoin.
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December 25, 2021, 08:17:47 PM
 #258

As we don't know where will bitcoin go next, it is better to review first your goals here.
Are you here for short term or long term? Because the next steps will depend on your decision here.
For short term, you need to be always updated with the market so you will not sell it at a loss.
Whereas, if long term, you can always accumulate more once the price is going down.
Because if you are here for long term, it means, you believe that bitcoin has good future.

Yes precisely and well said mate, the market of bitcoin today is cannot be determined if we are already in the bear season because the resistance of the price is strongly standing at $45k above, now, it sits at $50k and the thing is we don't know how long will the $50k stays or if it would going up or down, no one can tell about it. Actually, I am also one of the investors that looking forward to the another ATH of bitcoin however, I am already in condition to hold my bitcoin in long term investment but for those who are just aiming for short term investment, I can't say if this is the perfect time to recommend a friend or to decide to buy bitcoin.

If you already have that plan holding your asset and wait for your target range, you are more likely benefits from your investment,
we all know how good this business base from the past market movement, we all just need to take our assessment and do our research
before we conclude or before we choose our path.

The direction of the market still unpredictable. Currently we see good bounce short traders who bought from last week dumped
Can easily grab their profits now. Cool Wink


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December 26, 2021, 10:34:20 PM
 #259

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
But now stays at least steady at 50k for whole day , christmas day boost the price but I don't think that this will last long.

it has been the whales is tricking weak and greed investors again to be put in trap before the year ends.

there are so many desperate people here that expect another ATH before this 2021 ends and this is what the whales taking as opportunity to bag money.
The price had somewhat stabilized on these levels which it is honestly that hard to determine on which would be its possible movement specially now that we are approaching new year.
Its really not surprising that it hadnt really make out some significant move on this last month of this year but we cant be sure if it wont really be making one on
next years to come and it will always vary with market demand and the activity of those big traders specially whales who do always stir
up on the market.Making out some suggestions into a friend isnt a bad idea as long you do explain also to them about the basics and the risks.

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December 26, 2021, 10:57:47 PM
 #260

-snip-
You must remind that everyone can predict the next phase in crypto market, but no one can guarantee it. So, you don't be confused with their prediction. Just focus on your own target, if it seems enough, just takes the profits. Even in theory crypto still has a chance to increase significantly again, but it may not happen as expected. Too risky if you rely on the next pump to take profits, I suggest you not be influenced by sweet predictions.

.
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December 30, 2021, 04:04:17 PM
 #261

-snip-
You must remind that everyone can predict the next phase in crypto market, but no one can guarantee it. So, you don't be confused with their prediction. Just focus on your own target, if it seems enough, just takes the profits. Even in theory crypto still has a chance to increase significantly again, but it may not happen as expected. Too risky if you rely on the next pump to take profits, I suggest you not be influenced by sweet predictions.

I think what you are saying is very relevant to what is happening today. everyone can easily predict it. but it is very difficult for people to think or control their passions. People are so easily swayed by sweet predictions that they don't do it unless they lose their money. Hopefully not tempted by big profits, take a little profit but sure.

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December 30, 2021, 06:05:02 PM
 #262

Yes, Kindly do so if they are really interested and is ready to face the market's fluctuations. Lets not encourage them to borrow and invest in. Support them to choose the right coins, minimum 5 best cheap coins. Let him learn the trade Technics and yes practically learn trading. Many wish to invest seeing their friends gaining profits from a particular coin. Inform them how and when the market reacts. Let them start with few hundred dollars. When they are much confident by themselves, let them move forward. 

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January 03, 2022, 12:55:55 PM
 #263

-snip-
You must remind that everyone can predict the next phase in crypto market, but no one can guarantee it. So, you don't be confused with their prediction. Just focus on your own target, if it seems enough, just takes the profits. Even in theory crypto still has a chance to increase significantly again, but it may not happen as expected. Too risky if you rely on the next pump to take profits, I suggest you not be influenced by sweet predictions.

I think what you are saying is very relevant to what is happening today. everyone can easily predict it. but it is very difficult for people to think or control their passions. People are so easily swayed by sweet predictions that they don't do it unless they lose their money. Hopefully not tempted by big profits, take a little profit but sure.
That's exactly why you have to trust your own instincts because your plan and their plan is different on how you envisioned your target. I mean, it's okay to have a 2nd opinion on other's perspective but that doesn't mean that you have to rely on theirs and not yours So, if you if you feel that it's time to harvest some gains now then do it now because we don't really what would really happen soon. It's very easy to speculate but it's not guaranteed to happen exactly what we've envisioned along the road, so it's might as well and much better to have some plan B as we don't know the market's next move. Just trust your decisions because that's exactly the reason why you planned in the first place.

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Rasa nanas
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January 05, 2022, 03:34:21 PM
 #264

Currently the market conditions are likely to move downwards and most likely in the near future there will be a bear market. in other words recommending our friends to buy at this time is not the right decision because you can feel very guilty when your friend suffers a loss due to a bear market. there is no guarantee that market conditions will recover quickly as in mid-2021 because there are times when the bear market lasts quite a long time like 2018.

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January 05, 2022, 05:29:41 PM
 #265

Currently the market conditions are likely to move downwards and most likely in the near future there will be a bear market. in other words recommending our friends to buy at this time is not the right decision because you can feel very guilty when your friend suffers a loss due to a bear market. there is no guarantee that market conditions will recover quickly as in mid-2021 because there are times when the bear market lasts quite a long time like 2018.
It's okay to recommend investing if you know what the purpose of investing is. If your friend wants to invest long term in bitcoin then you should not be afraid to recommend him to start now even if the market is trending down.

I assume bitcoin could grow to be more valuable than it is now in the future or at least in the next 4 years where we have seen evidence that bitcoin can hit ATH after halving. Although there are no guarantees, this has happened many times in its history, so tell him that bitcoin has good potential as a long-term investment and tell him about the risks of this investment.

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January 05, 2022, 06:04:44 PM
 #266

It's okay to recommend investing if you know what the purpose of investing is. If your friend wants to invest long term in bitcoin then you should not be afraid to recommend him to start now even if the market is trending down.

Yes, if the person knows what to do with his investment, this bearish market is the best timing for him to buy and hold, better to educate what are

the possibilities before you recommend this investment.

Quote
I assume bitcoin could grow to be more valuable than it is now in the future or at least in the next 4 years where we have seen evidence that bitcoin can hit ATH after halving. Although there are no guarantees, this has happened many times in its history, so tell him that bitcoin has good potential as a long-term investment and tell him about the risks of this investment.

We can't foretold the future, but with how things went up to now. I also believe that the market will bounce and rise for more in the future.

It's more on people who are inside this market to project their target value.
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January 05, 2022, 07:05:19 PM
 #267

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Currently, the bitcoin price is still correcting since a few weeks ago, where the bitcoin price is still at the $46k price level. So, if your friends want to come in and buy bitcoins, I think can start buying gradually. Therefore, my advice, don't to go all-in in the current price area, because there is still a possibility that bitcoin will drop past the current $46k price area to $43k.

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January 06, 2022, 04:14:11 PM
 #268

Currently, the bitcoin price is still correcting since a few weeks ago, where the bitcoin price is still at the $46k price level. So, if your friends want to come in and buy bitcoins, I think can start buying gradually. Therefore, my advice, don't to go all-in in the current price area, because there is still a possibility that bitcoin will drop past the current $46k price area to $43k.
Although the market is unpredictable but in the first quarter of the year it is very likely the market will fall below $40k so it is better to wait for the market to stabilize for gradual buying, but if trading for scalping mode it will be very useful to make profit when the green candle moves after the market correction.

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January 06, 2022, 07:44:54 PM
 #269

Currently, the bitcoin price is still correcting since a few weeks ago, where the bitcoin price is still at the $46k price level. So, if your friends want to come in and buy bitcoins, I think can start buying gradually. Therefore, my advice, don't to go all-in in the current price area, because there is still a possibility that bitcoin will drop past the current $46k price area to $43k.
Although the market is unpredictable but in the first quarter of the year it is very likely the market will fall below $40k so it is better to wait for the market to stabilize for gradual buying, but if trading for scalping mode it will be very useful to make profit when the green candle moves after the market correction.
Decreases like this is very common yet there would be always a correction after some certain pump and this is should how people be looking on this scenario on which there would be only two possible ways which is to

go down and go up which means as a trader or investor then you would really be seeing these times as an opportunity to get in if you do really maximize possible profits but knowing about bottom is something

and impossible thing for someone to do so thats why we do keep on speculating and risking out as always due to unpredictable behaviour of the market then this isnt something easy.

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January 12, 2022, 10:55:08 PM
 #270

Currently, the bitcoin price is still correcting since a few weeks ago, where the bitcoin price is still at the $46k price level. So, if your friends want to come in and buy bitcoins, I think can start buying gradually. Therefore, my advice, don't to go all-in in the current price area, because there is still a possibility that bitcoin will drop past the current $46k price area to $43k.
Although the market is unpredictable but in the first quarter of the year it is very likely the market will fall below $40k so it is better to wait for the market to stabilize for gradual buying, but if trading for scalping mode it will be very useful to make profit when the green candle moves after the market correction.
Right. I agree with trading methods like yours. If the bitcoin price breaks below $40k later, then we can wait to buy in the support area. On the other hand, if the price breaks above it can be partially sold to make a profit.

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January 19, 2022, 10:07:13 AM
 #271

Currently, the bitcoin price is still correcting since a few weeks ago, where the bitcoin price is still at the $46k price level. So, if your friends want to come in and buy bitcoins, I think can start buying gradually. Therefore, my advice, don't to go all-in in the current price area, because there is still a possibility that bitcoin will drop past the current $46k price area to $43k.
Although the market is unpredictable but in the first quarter of the year it is very likely the market will fall below $40k so it is better to wait for the market to stabilize for gradual buying, but if trading for scalping mode it will be very useful to make profit when the green candle moves after the market correction.
No don't do that to invest in crypto when the market is stable? that is not worth a try and to profit because we are buying to gain and the  perfect timing is when we are buying at the situation when market is falling or in dump because this will followed by increasing though may take some time at least the chance to profit is there compared to when you are waiting for the stable market because that would be in the middle of dump and pump.
if you know the market then you understand when to buy and when to sell .









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January 19, 2022, 04:22:04 PM
 #272

Currently, the bitcoin price is still correcting since a few weeks ago, where the bitcoin price is still at the $46k price level. So, if your friends want to come in and buy bitcoins, I think can start buying gradually. Therefore, my advice, don't to go all-in in the current price area, because there is still a possibility that bitcoin will drop past the current $46k price area to $43k.
Although the market is unpredictable but in the first quarter of the year it is very likely the market will fall below $40k so it is better to wait for the market to stabilize for gradual buying, but if trading for scalping mode it will be very useful to make profit when the green candle moves after the market correction.
Right. I agree with trading methods like yours. If the bitcoin price breaks below $40k later, then we can wait to buy in the support area. On the other hand, if the price breaks above it can be partially sold to make a profit.
Trading technique by making gradual purchases (averaging Down) is one way to buy when the market is experiencing a correction and there is a continuous decline without us knowing where the lowest point of the price decline will stop, this strategy is indeed quite capable of getting a small percentage profit, because we will have different purchase price variations, but in my opinion, for traders who have small capital like me, of course it will be very difficult to capture prices when there is a decline due to limited capital, I personally would probably wait for the market price to reach its lowest point before entering to buy in the market.

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January 19, 2022, 05:35:15 PM
 #273

Currently, the bitcoin price is still correcting since a few weeks ago, where the bitcoin price is still at the $46k price level. So, if your friends want to come in and buy bitcoins, I think can start buying gradually. Therefore, my advice, don't to go all-in in the current price area, because there is still a possibility that bitcoin will drop past the current $46k price area to $43k.
Although the market is unpredictable but in the first quarter of the year it is very likely the market will fall below $40k so it is better to wait for the market to stabilize for gradual buying, but if trading for scalping mode it will be very useful to make profit when the green candle moves after the market correction.
Right. I agree with trading methods like yours. If the bitcoin price breaks below $40k later, then we can wait to buy in the support area. On the other hand, if the price breaks above it can be partially sold to make a profit.
Trading technique by making gradual purchases (averaging Down) is one way to buy when the market is experiencing a correction and there is a continuous decline without us knowing where the lowest point of the price decline will stop, this strategy is indeed quite capable of getting a small percentage profit, because we will have different purchase price variations, but in my opinion, for traders who have small capital like me, of course it will be very difficult to capture prices when there is a decline due to limited capital, I personally would probably wait for the market price to reach its lowest point before entering to buy in the market.
Applicable into those people who do have money or funds to invest on but we know that not all would really be that capable of doing on because funds would really be just limited most of the time
which simply means that DCA couldnt really be applied most of the time unless if you do able to do so then it would really be ideal but of course it will really vary on which coin you would investing on.
Always mind off about the risks because you wouldnt know on what comes next and speaking of recommendation then of course you  could able to do so
but never ever do make out some guarantees that your friend could make out some profits.

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January 19, 2022, 06:05:41 PM
Merited by The Sceptical Chymist (2)
 #274

Trading technique by making gradual purchases (averaging Down) is one way to buy when the market is experiencing a correction and there is a continuous decline without us knowing where the lowest point of the price decline will stop, this strategy is indeed quite capable of getting a small percentage profit, because we will have different purchase price variations, but in my opinion, for traders who have small capital like me, of course it will be very difficult to capture prices when there is a decline due to limited capital, I personally would probably wait for the market price to reach its lowest point before entering to buy in the market.
There are many other trading strategies you can learn and use to maximize your profit potential. I don't think you have to stay focused on the lows to buy because in reality you can't tell when the lows will occur.

The strategy you are using may have a downside where you have to buy at a lower position to cover your previous losses due to the price drop while you expect a recovery when the price starts to rise. It's much better to invest than to like trading because you can still apply an accumulation strategy whenever you have capital. It doesn't take much, but 20% of your monthly income probably won't make much difference. Of course this is not financial advice, just do what you want and don't exceed your ability to lose.






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February 01, 2022, 09:28:15 AM
 #275

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
I see the current market conditions are not stable and not suitable for investing, my mind says crypto market conditions like this the best thing to do is trade in the buy or sell method according to market conditions and developments, short-term method for now is very good, provided you have to have enough capital to do it all with Bitcoin.

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February 01, 2022, 02:35:07 PM
 #276

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
We can't guess what market conditions will be like in the future, the volatile nature of bitcoin of course can cause all possible conditions that occur, so it's better for us to wait for the right time to enter the market, I personally will not try to enter to buy bitcoin when the price is rising suddenly, because it's better for me to wait for bitcoin to experience a correction and enter if I really believe that the price has really fallen to the limit of decline.


I think we should know first whether our friends invest in Btc in the long term or short term. with the current price for a long term investment I think I can buy it, but for the short term we have to be really careful before buying it and we have to do some chart analysis a few days before deciding to buy it. Short-term investment is full of risk, because the wrong price can immediately cause big losses, because prices are unstable and very volatile, in contrast to the long-term, the risk is very minimal and I believe the long-term is more profitable.
Maybe this is what we can suggest to our friends.

Yes I agree with you, the price is indeed unpredictable but in my opinion bitcoin is currently in an Uptrend, Yesterday the lowest price has reached 32k and I think this is the lowest price for this year. I think btc will continue to improve even if it doesn't reach Ath like 2021
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February 01, 2022, 03:52:17 PM
 #277

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
I see the current market conditions are not stable and not suitable for investing, my mind says crypto market conditions like this the best thing to do is trade in the buy or sell method according to market conditions and developments, short-term method for now is very good, provided you have to have enough capital to do it all with Bitcoin.
Serious crypto individuals are on twitter, and they call it crypto winter. The current economic situations are not stable so buying doesn't guarantee it should go up. There's buying everyday, doesn't mean it goes up. Even Microstrategy acquires additional 660 bitcoin which not assist me to make any buy order. Michael Saylor reports Microstrategy purchased bitcoin, generally it tanks just later so beware if you plan to buy.
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February 01, 2022, 11:12:52 PM
 #278

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
I see the current market conditions are not stable and not suitable for investing, my mind says crypto market conditions like this the best thing to do is trade in the buy or sell method according to market conditions and developments, short-term method for now is very good, provided you have to have enough capital to do it all with Bitcoin.
Serious crypto individuals are on twitter, and they call it crypto winter. The current economic situations are not stable so buying doesn't guarantee it should go up. There's buying everyday, doesn't mean it goes up. Even Microstrategy acquires additional 660 bitcoin which not assist me to make any buy order. Michael Saylor reports Microstrategy purchased bitcoin, generally it tanks just later so beware if you plan to buy.
They say it is winter but they also say that the winter will go with time just like the previous winters. They are giving cautions to only those who are doing short time investment and day trading but if our friends are thinking to invest for longer time then we have to tell them that it is a good time. Just like a few days ago one of my friend told me that he want to invest for about 5 or maybe 10 years then I told him that then he have to invest without any worry.
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February 01, 2022, 11:32:01 PM
 #279

Some people is willing to sell coins because of the informations they heard and other investment people or investors is ready to buy because of the information obtain also, this time is not a good time to buy Bitcoin because the price is fluctuating and no body knows if the price will definitely go below the normal price since two weeks now, from forum now, a user make and analyse the speculated price of bitcoin which i don't know if bitcoin will fall to the tunes of the prediction. Click to see the prediction { https://bitcointalk.org/index.php?topic=5383940.msg59133230#msg59133230} from the analysis is not right to buy Bitcoin now
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February 01, 2022, 11:48:07 PM
 #280

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Look at the market now more than 6 months after your post here? is it really recommendable to invest in bitcoin as the volatility is really there?

if you find the answer YES then of course it is, because it is depend on our preferences and our capacity to encourage them and also their capacity to listen and understand what you are telling them.

Make sure not to promise them heaven and moon and be truthful of the risk they may get investing in crypto.









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February 10, 2022, 11:44:25 AM
 #281

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

I know that this is a thread from last year. But if I were to be asked like that, I wouldn’t say “recommend” or “encourage” someone to buy Bitcoin. For me, that’s not the correct term because it’s like you are on a “sales man” mode that you are shilling BTC to him. That’s just my opinion though.

For a long while, I am doing the “reverse effect”. Instead of shilling Bitcoin to my friends and colleagues, they’re the ones who inquired to me about it and asking if it’s the right time to buy. I just simply tell them that only invest and trade an amount that they an afford to lose because it has no astronomical guaranteed returns just like the traditional stocks, but with high volatility and transactions are recorded on the blockchain.

It’s just my style. I don’t beg them to buy BTC. I only shared but never “encourage” or “recommend” them to buy because of the unpredictable risks, because no matter if they seek advice from me or anyone else, the final decision will always be theirs (and not being forced by someone to buy BTC, etc.).

Pla
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February 10, 2022, 12:43:58 PM
 #282

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If your friend wants to trade in the short term, I think now is not the right time to buy bitcoin because bitcoin has the potential to continue its decline. Better to wait for the price to hit the $40k area to enter the market. All crypto markets at the beginning of this year experienced a correction which was quite boring for traders. Therefore, the best option at this time is to wait better, do not rush to buy.

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February 14, 2022, 04:34:35 PM
 #283

If your friend wants to trade in the short term, I think now is not the right time to buy bitcoin because bitcoin has the potential to continue its decline. Better to wait for the price to hit the $40k area to enter the market. All crypto markets at the beginning of this year experienced a correction which was quite boring for traders. Therefore, the best option at this time is to wait better, do not rush to buy.
It looks like his friend was going for short term because he do not mind buying it despite of the recent increase that happen because he is going to resell it anyway after another short increase but that was before but now the price movements are quite different and its kinda confusing now if the price would continue to increase or it will go back down for a while.

Waiting can be the ideal thing to do. It can be boring if your a trader but long time investors would not mind waiting. On the other hand, if we have a friend that wants to enter we shouldn't restrict them but only give them advices if what to do because in the end, it still their money.

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February 14, 2022, 05:50:56 PM
 #284



For a long while, I am doing the “reverse effect”. Instead of shilling Bitcoin to my friends and colleagues, they’re the ones who inquired to me about it and asking if it’s the right time to buy. I just simply tell them that only invest and trade an amount that they an afford to lose because it has no astronomical guaranteed returns just like the traditional stocks, but with high volatility and transactions are recorded on the blockchain.

It’s just my style. I don’t beg them to buy BTC. I only shared but never “encourage” or “recommend” them to buy because of the unpredictable risks, because no matter if they seek advice from me or anyone else, the final decision will always be theirs (and not being forced by someone to buy BTC, etc.).

You are absolutely correct. All investment are risky. Introducing people to BTC trade seems like you are encouraging them to invest in the business. It can also show that you have done all the necessary analysis and ascertained that it is lucrative and safe. If there is any bullish market movement, be ready to take the blame.

R


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March 04, 2022, 06:09:37 PM
 #285

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If you believe in Bitcoin fundamentals, it's never too late and anytime would be a good time to buy. However, before you jump into investing, you also need to consider your own plans. Like when do you plan to take profit or the time frame you expect to finally enjoy the return on investment. Another thing to be prepared is a strong mentality to get through the market volatility. The price of Bitcoin, which tends to fluctuate, should not affect your decision to buy or start investing. Don't let sudden price increases change your long-term investment strategy. In addition, it is important for you to learn technical so that you know the right time to buy and sell

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Rockstarguy
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March 05, 2022, 08:26:05 AM
 #286

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If you believe in Bitcoin fundamentals, it's never too late and anytime would be a good time to buy. However, before you jump into investing, you also need to consider your own plans. Like when do you plan to take profit or the time frame you expect to finally enjoy the return on investment. Another thing to be prepared is a strong mentality to get through the market volatility. The price of Bitcoin, which tends to fluctuate, should not affect your decision to buy or start investing. Don't let sudden price increases change your long-term investment strategy. In addition, it is important for you to learn technical so that you know the right time to buy and sell

Yes  you are right it is never too late to buy bitcoin, the price at which bitcoin is now is what  can be afforded and it is favourable. Sometimes it depends on the target of profit  and the available money to be invested , but at the point at which bitcoin is presently it is not late for anyone who wants to invest in bitcoin.

R


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March 05, 2022, 08:39:03 AM
 #287

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If you believe in Bitcoin fundamentals, it's never too late and anytime would be a good time to buy. However, before you jump into investing, you also need to consider your own plans. Like when do you plan to take profit or the time frame you expect to finally enjoy the return on investment. Another thing to be prepared is a strong mentality to get through the market volatility. The price of Bitcoin, which tends to fluctuate, should not affect your decision to buy or start investing. Don't let sudden price increases change your long-term investment strategy. In addition, it is important for you to learn technical so that you know the right time to buy and sell


With the way the market is moving, you should always have your plan, and in case of recommending this investment,

make sure that to whoever you recommend you also inform them the way this market really works, planning and setting

strategy, though, is workable inside this sphere. They should not rely on you all the time but also extend their time to

research and study the market.
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March 06, 2022, 03:57:06 PM
 #288

Why not, since getting to know bitcoin in 2013 ago I have always been active to invite friends or family to invest or mining in bitcoin, even in the past I always shared faucet referral links, coinbases or exchanges that provided referral links and I got big earnings because many people joined me Referrals, many friends and family thanked me because they sold a car worth $10k and were able to buy a new car worth $50k.
There are also many of my friends who get a lot of money from the results of spreading referral links from crypto exchanges or crypto gambling sites that they follow.  it's not wrong to introduce bitcoin to your friends and those around you, surely their lives will change 180% if they get to know Bitcoin.

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March 09, 2022, 02:47:01 PM
 #289

The most important thing when recommending bitcoin is to say that bitcoin is a very risky investment, if we have made them understand about the risks then we will not have a burden when after they buy and the price drops so that they lose, most people just say that bitcoin is very profitable so no care about risk.

Explaining in detail the benefits and risks that can be obtained in investing in bitcoin is the first step we must take when we invite others to invest, besides that at least we can say that bitcoin or crypto are assets that have a fairly high risk, so when he is ready to invest of course he is also prepared with all the risks that might occur, and most importantly never force others to follow us to invest in bitcoin because we will be blamed if he gets a loss later.

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March 10, 2022, 12:28:54 PM
 #290

Bitcoin is now rising, and it has
misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
That's a great thing if you want to do it, your friends will probably agree if you recommend Bitcoin at this point.

But remember basically making a big risk investment, if your friend buy it now and save it for the next 2-3 years, why not suggest your friends to just trade on Bitcoin i think its better.

R


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sayaya17
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March 10, 2022, 01:46:47 PM
 #291

The most important thing when recommending bitcoin is to say that bitcoin is a very risky investment, if we have made them understand about the risks then we will not have a burden when after they buy and the price drops so that they lose, most people just say that bitcoin is very profitable so no care about risk.

Explaining in detail the benefits and risks that can be obtained in investing in bitcoin is the first step we must take when we invite others to invest, besides that at least we can say that bitcoin or crypto are assets that have a fairly high risk, so when he is ready to invest of course he is also prepared with all the risks that might occur, and most importantly never force others to follow us to invest in bitcoin because we will be blamed if he gets a loss later.

When we introduce Bitcoin to our friends, I agree don't just tell the benefits of Bitcoin, but we also have to explain the risks of investing in Bitcoin.
Make sure our friends understand all the risks that occur when the market suddenly falls, because we don't let our friends blame us when they
suffer losses. Teach our friends how to analyze the market, so our friends don't keep relying on us in making decisions, let our friend make a decision
based on the results of the analysis he did himself. Then accompany our friends for a few days when deciding to invest in Bitcoin, because people
who invest in Bitcoin for the first time will immediately panic if they see the volatile Bitcoin price. It's our job who is more experienced to educate
our friends well, so that our friends can better understand how to make a profit from Bitcoin.

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March 13, 2022, 01:13:51 PM
 #292

Don't be afraid or hesitate to introduce and invite friends or family to invest bitcoin, now is the era of ease of information so introducing bitcoin to friends or family will be useful for them in the future, I've been actively introducing bitcoin to alumni of school friends, family via WA groups and almost every day there is always a discussion about bitcoin and altcoins which is booming.


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March 15, 2022, 07:22:26 PM
 #293

Bitcoin is now rising, and it has
misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
That's a great thing if you want to do it, your friends will probably agree if you recommend Bitcoin at this point.

But remember basically making a big risk investment, if your friend buy it now and save it for the next 2-3 years, why not suggest your friends to just trade on Bitcoin i think its better.
Suggesting them about trading is something not that really be that recommended but giving off some idea about on possible trading activity then it isnt bad to mention in out.
Speak or tell them about the basics and the potential ways for them to earn neither via holding or trading actively or would really just vary.
Just tell them about the risk though and dont give out any assurances so that they wont really be expecting that much.

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March 15, 2022, 08:50:01 PM
 #294

Suggesting them about trading is something not that really be that recommended but giving off some idea about on possible trading activity then it isnt bad to mention in out.
Speak or tell them about the basics and the potential ways for them to earn neither via holding or trading actively or would really just vary.
Just tell them about the risk though and dont give out any assurances so that they wont really be expecting that much.
I myself have never directly advised anyone to trade despite the potential profit they might make. Without good knowledge and experience, trading will be very risky for anyone.

I talk more about investing in someone regardless of what type of investment they make because I'm sure a lot of people I know still don't know much about crypto. Gold is one of the preferred investment asset choices due to its increasing value in recent years, but I started comparing crypto and gold for them even though they didn't like it.

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March 17, 2022, 06:04:10 PM
 #295

Bitcoin is now rising, and it has
misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
That's a great thing if you want to do it, your friends will probably agree if you recommend Bitcoin at this point.

But remember basically making a big risk investment, if your friend buy it now and save it for the next 2-3 years, why not suggest your friends to just trade on Bitcoin i think its better.
Suggesting them about trading is something not that really be that recommended but giving off some idea about on possible trading activity then it isnt bad to mention in out.
Speak or tell them about the basics and the potential ways for them to earn neither via holding or trading actively or would really just vary.
Just tell them about the risk though and dont give out any assurances so that they wont really be expecting that much.

Never ever to give assurance, they can blame you if they will have made a mistake. Better to guide with good tools to use for them also succeed with this market, people are afraid of taking step to this industry they are still in the impression that Bitcoin is a bubble some still thinks that it's just a scam asset that will only lead their money to lose.

Changing perceptions and giving a right ideas and information is really important, it's not an assurance but a good guide to
allow them to explore and see the good and the bad side of this industry.

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March 18, 2022, 03:39:08 AM
 #296

Don't be afraid or hesitate to introduce and invite friends or family to invest bitcoin, now is the era of ease of information so introducing bitcoin to friends or family will be useful for them in the future, I've been actively introducing bitcoin to alumni of school friends, family via WA groups and almost every day there is always a discussion about bitcoin and altcoins which is booming.
Bitcoin will be the inevitable trend in the future, we can recommend bitcoin to everyone, But when talking about bitcoin most of us will talk about the huge profits it brings us. So when recommending bitcoin to people, don't forget to tell them it's the technology of the future, a better currency than fiat and also don't forget to tell them about the volatility risk bitcoin can pose.
We can make a lot of profit but it also makes us lose everything so learn before want to trade bitcoin.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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carlisle1
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March 18, 2022, 10:55:39 AM
 #297

Some people is willing to sell coins because of the informations they heard and other investment people or investors is ready to buy because of the information obtain also, this time is not a good time to buy Bitcoin because the price is fluctuating and no body knows if the price will definitely go below the normal price since two weeks now, from forum now, a user make and analyse the speculated price of bitcoin which i don't know if bitcoin will fall to the tunes of the prediction. Click to see the prediction { https://bitcointalk.org/index.php?topic=5383940.msg59133230#msg59133230} from the analysis is not right to buy Bitcoin now

The price of bitcoin will continue to fluctuate even if the market cap reaches 100x from now, price fluctuations are very profitable for investors or traders because they can always get a profit, and I think bitcoin is very worth recommending to anyone we know, prove we can get a profit so that they will be interested.

For experience and wise traders, they are happy with how the market fluctuates. They are capable of working well and take a good

Advantage with each market movement. If you want to make a good use of this sway, make sure to study deeper, there are influence

that you needed to understand and apply when you see it happening. Take time and invest with your knowledge to keep advancing

yourself towards to much profitable trades.
Rana590
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March 18, 2022, 06:19:34 PM
 #298

If one of my friends told me to buy Bitcoin before 10 years ago then I would become a rich man but I didn't even know Bitcoin well. I don't know how close your friend is with you. But you can suggest him to buy Bitcoin and tell him to hold for long time. I hope he will thank you for this suggestion.
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March 18, 2022, 08:00:17 PM
 #299

Don't be afraid or hesitate to introduce and invite friends or family to invest bitcoin, now is the era of ease of information so introducing bitcoin to friends or family will be useful for them in the future, I've been actively introducing bitcoin to alumni of school friends, family via WA groups and almost every day there is always a discussion about bitcoin and altcoins which is booming.
Bitcoin will be the inevitable trend in the future, we can recommend bitcoin to everyone, But when talking about bitcoin most of us will talk about the huge profits it brings us. So when recommending bitcoin to people, don't forget to tell them it's the technology of the future, a better currency than fiat and also don't forget to tell them about the volatility risk bitcoin can pose.
We can make a lot of profit but it also makes us lose everything so learn before want to trade bitcoin.

Giving deeper idea if what Bitcoin can provide and how things are working inside this industry, not just the profitable ventures but the reason why people will take this crypto as a good asset for long or short period. It's about giving good ideas and information that will allow those people to learn more before engaging in this market.

It's not just how we succeed in gaining a decent amount of benefits, but the actual reason why we believe that this industry will
get more attentions not just with the investors but the financial sectors itself.

..Stake.com..   ▄████████████████████████████████████▄
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March 19, 2022, 05:33:19 PM
 #300

Don't be afraid or hesitate to introduce and invite friends or family to invest bitcoin, now is the era of ease of information so introducing bitcoin to friends or family will be useful for them in the future, I've been actively introducing bitcoin to alumni of school friends, family via WA groups and almost every day there is always a discussion about bitcoin and altcoins which is booming.
Bitcoin will be the inevitable trend in the future, we can recommend bitcoin to everyone, But when talking about bitcoin most of us will talk about the huge profits it brings us. So when recommending bitcoin to people, don't forget to tell them it's the technology of the future, a better currency than fiat and also don't forget to tell them about the volatility risk bitcoin can pose.
We can make a lot of profit but it also makes us lose everything so learn before want to trade bitcoin.
When people saw bitcoin being talked about in the future, they will realized that it was the coin that you're talking about from the past and they will thank you once again for letting them know earlier before others did. There is a benefit of knowing bitcoin early. Its value is still cheaper when the adoption is still lesser, you can buy and earn profit by the time more people know and invest on bitcoin.

@19Nov16 I like what you did bro, you're not forgetting your alumni friends but lately the same thing has happened to me also with my alumni friends. We didn't talk for almost 5 years, I am the one that approach them on facebook and then they ask me what is my interest lately, I said bitcoin bro. They will then ask me for more information because they also want to get involved with it.

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March 20, 2022, 05:55:53 PM
 #301

Don't be afraid or hesitate to introduce and invite friends or family to invest bitcoin, now is the era of ease of information so introducing bitcoin to friends or family will be useful for them in the future, I've been actively introducing bitcoin to alumni of school friends, family via WA groups and almost every day there is always a discussion about bitcoin and altcoins which is booming.
Bitcoin will be the inevitable trend in the future, we can recommend bitcoin to everyone, But when talking about bitcoin most of us will talk about the huge profits it brings us. So when recommending bitcoin to people, don't forget to tell them it's the technology of the future, a better currency than fiat and also don't forget to tell them about the volatility risk bitcoin can pose.
We can make a lot of profit but it also makes us lose everything so learn before want to trade bitcoin.

Giving deeper idea if what Bitcoin can provide and how things are working inside this industry, not just the profitable ventures but the reason why people will take this crypto as a good asset for long or short period. It's about giving good ideas and information that will allow those people to learn more before engaging in this market.

It's not just how we succeed in gaining a decent amount of benefits, but the actual reason why we believe that this industry will
get more attentions not just with the investors but the financial sectors itself.

My friend approached me in 2017 seeing the first ATH of BTC hitting $21k in April if you all remember. He asked me if he can gain interest from investing into bitcoin. I clearly stated him about market's moment and the risk involved in it. I suggested him to watch out the market for few months so that he can have a real experience and can decide upon himself. After a month, he again approached me with $500. I guided him to sign up on a best exchange and buy BTC and hold it. He seriously waited patiently and sold off the btc last year with a fantastic profit. Yes he was down in 2018 and in 2019 as you all know how the market it was. But yes he literally learnt many things. Now he is on his own legs investing on best altcoins.

.
Duelbits
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April 20, 2022, 04:32:27 PM
 #302

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I think when the price of bitcoin touched $39K a while ago it was a good opportunity for your friend to buy it, while for now it might not be the right time in my opinion because the price of bitcoin is starting to increase in the market, but if you really believe the market will no longer experienced a correction of course maybe you can convince your friends now to buy and keep it in the long term.

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bitzizzix
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April 20, 2022, 05:33:43 PM
 #303

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I think when the price of bitcoin touched $39K a while ago it was a good opportunity for your friend to buy it, while for now it might not be the right time in my opinion because the price of bitcoin is starting to increase in the market, but if you really believe the market will no longer experienced a correction of course maybe you can convince your friends now to buy and keep it in the long term.

If you suggest to your friends to buy bitcoins and keep them for the long term, I think your friends can buy them anytime without waiting for the price to drop.
and we still have a target to reach 100k, so you just need to convince your friends that in the long run bitcoin will reach that price and buy it as long as your friends can afford it as long as the price is still under half 100k.
I believe 100K is the next bitcoin goal after peaking at ATH yesterday, only time will tell and it will definitely happen, most importantly be patient and consistent with long term goals.
the correction and traces of bitcoin's journey will surely repeat itself but in the end the price will rise again.

.
SPIN

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Oilacris
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April 20, 2022, 08:06:16 PM
 #304

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I think when the price of bitcoin touched $39K a while ago it was a good opportunity for your friend to buy it, while for now it might not be the right time in my opinion because the price of bitcoin is starting to increase in the market, but if you really believe the market will no longer experienced a correction of course maybe you can convince your friends now to buy and keep it in the long term.

No one really had anticipated but we've seen that this price level had been retest for how many times and the price do make out some recovery after that which it is really that a good time to buy

but no one really expect for it to dip down since there are no news or sentiments around in related with the drop which for those people who had seen this price decline then its really a good opportunity

but well we do know that it isnt something simple decision that you could make because you would always thought on what would be the possible bottom.So simply you do need to take risk.

Ludmilla_rose1995
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April 20, 2022, 08:51:02 PM
 #305

to this day the price of bitcoin continues to move in the range of $39k - $42k. if we look at the history of bitcoin prices in the last few months, the current price is very good to buy. then it's a good thing recommending your friends to buy bitcoin now.

KennyR
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April 20, 2022, 11:19:38 PM
 #306

to this day the price of bitcoin continues to move in the range of $39k - $42k. if we look at the history of bitcoin prices in the last few months, the current price is very good to buy. then it's a good thing recommending your friends to buy bitcoin now.
Suggesting your friend to buy bitcoin is a good thing, but leave it with your friend when he/she needs to buy. The price at the moment is good to buy, but we don't know in what way will the price move next. It can be on the bullish track or it could be seen on the bearish move. So, if the friend study the market and steps in, then it would be good than just buying as per one's suggestion.

.SUGAR.
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Fatunad
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April 20, 2022, 11:28:18 PM
 #307

to this day the price of bitcoin continues to move in the range of $39k - $42k. if we look at the history of bitcoin prices in the last few months, the current price is very good to buy. then it's a good thing recommending your friends to buy bitcoin now.
Suggesting your friend to buy bitcoin is a good thing, but leave it with your friend when he/she needs to buy. The price at the moment is good to buy, but we don't know in what way will the price move next. It can be on the bullish track or it could be seen on the bearish move. So, if the friend study the market and steps in, then it would be good than just buying as per one's suggestion.
Dont overhype or make him rush on buying and just explain that declining market is a good opportunity for you to buy but of course you should not give out any guarantees about making profits because we know
on how risky it and they should really be aware of that thats why explaining everything would really be that much needed and yes of course you could really make out some recommendation
but be realistic and dont give out some false hopes about this market so that you wont be blamed out.

R


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April 21, 2022, 04:10:41 PM
 #308

to this day the price of bitcoin continues to move in the range of $39k - $42k. if we look at the history of bitcoin prices in the last few months, the current price is very good to buy. then it's a good thing recommending your friends to buy bitcoin now.
Suggesting your friend to buy bitcoin is a good thing, but leave it with your friend when he/she needs to buy. The price at the moment is good to buy, but we don't know in what way will the price move next. It can be on the bullish track or it could be seen on the bearish move. So, if the friend study the market and steps in, then it would be good than just buying as per one's suggestion.
Dont overhype or make him rush on buying and just explain that declining market is a good opportunity for you to buy but of course you should not give out any guarantees about making profits because we know
on how risky it and they should really be aware of that thats why explaining everything would really be that much needed and yes of course you could really make out some recommendation
but be realistic and dont give out some false hopes about this market so that you wont be blamed out.

It's a big No to guarantee that he can compensate better to let him do his own DYOR after giving him good heads-up within the business that you are working with, the knowledge and ideas are just part of his preparation but everything will still go to depend from how he will take the market, if he's serious about it, he will pursue to gain more knowledge before stepping inside.

Encouragement in the right way is better. Showing good results of your investment portfolio will give him a good glimpse.

He will find interest once he sees those winning positions from your own experienced.

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April 24, 2022, 04:14:37 PM
 #309

I was used to introducing Bitcoin and Cryptocurrencies to many friends and family, what I usually do is invite friends or family to invest in New projects that look promising or follow airdrops because they don't need a lot of time and don't interfere with work.


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777Jolami
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April 25, 2022, 07:30:14 AM
 #310

Bitcoin is bottoming, now I think this price is very suitable for investment so I want to share it with friends and family more so that they can earn a decent profit to cover their lives.
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April 25, 2022, 10:16:13 AM
 #311

Don't hesitate to introduce bitcoin to friends because the decision is up to them, we only introduce and never force them to buy, since I got to know bitcoin or in 2016 ago I often made posts or writings, or links related to bitcoin and many friends who thanked me because they made a profit.
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April 28, 2022, 04:03:46 AM
 #312

I have invited friends and family to invest in bitcoin and cryptocurrencies since 2014, at that time I introduced how to earning money with bitcoin with a giveaway and faucets using referral and Faucets. A good thing because many friends and family get big profits when a pump occurs in 2017.


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carlisle1
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April 28, 2022, 01:37:59 PM
 #313

Don't hesitate to introduce bitcoin to friends because the decision is up to them, we only introduce and never force them to buy, since I got to know bitcoin or in 2016 ago I often made posts or writings, or links related to bitcoin and many friends who thanked me because they made a profit.

There's nothing wrong with sharing as long as you are not forcing them with something that they are not fully aware.

It's best to give them information and ideas about what kind of investment / industry you are engaging, the deeper they understand the concept

the better opportunities for them to grab. Keep in mind that in this market, the one who already gained more knowledge is the one that, mostly

Succeed, without knowledge the chance of losing their money is very high. Introduce and guide not to force them to invest without proper

education with the investment that you are providing them.
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April 28, 2022, 04:28:18 PM
 #314

I was used to introducing Bitcoin and Cryptocurrencies to many friends and family, what I usually do is invite friends or family to invest in New projects that look promising or follow airdrops because they don't need a lot of time and don't interfere with work.

I think you should stop this idea, your relatives and friends are people who know nothing about crypto. You introduce them to bitcoin and crypto, which is encouraging, but your incentivizing them to invest in new untested projects puts them at risk and they will have an aversion to crypto. You are harming them and the cryptocurrency rather than helping. Introduce them to bitcoin and just tell them to invest in bitcoin because bitcoin is the safest in the market.

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April 30, 2022, 06:07:17 PM
 #315

I see the market is in a bearish phase on low time frames such as 4 hours - weekly, but on big time frames there is actually a correction before continuing to advance. Therefore it is better to wait for confirmation before entering the market, we will see if the price will continue to rise or actually fall.

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May 02, 2022, 01:59:02 PM
 #316

Don't be afraid or hesitate to introduce and invite friends or family to invest bitcoin, now is the era of ease of information so introducing bitcoin to friends or family will be useful for them in the future, I've been actively introducing bitcoin to alumni of school friends, family via WA groups and almost every day there is always a discussion about bitcoin and altcoins which is booming.
Bitcoin will be the inevitable trend in the future, we can recommend bitcoin to everyone, But when talking about bitcoin most of us will talk about the huge profits it brings us. So when recommending bitcoin to people, don't forget to tell them it's the technology of the future, a better currency than fiat and also don't forget to tell them about the volatility risk bitcoin can pose.
We can make a lot of profit but it also makes us lose everything so learn before want to trade bitcoin.
When people saw bitcoin being talked about in the future, they will realized that it was the coin that you're talking about from the past and they will thank you once again for letting them know earlier before others did. There is a benefit of knowing bitcoin early. Its value is still cheaper when the adoption is still lesser, you can buy and earn profit by the time more people know and invest on bitcoin.

@19Nov16 I like what you did bro, you're not forgetting your alumni friends but lately the same thing has happened to me also with my alumni friends. We didn't talk for almost 5 years, I am the one that approach them on facebook and then they ask me what is my interest lately, I said bitcoin bro. They will then ask me for more information because they also want to get involved with it.


Surely there are friends who don't want to see me friends because I recommend bitcoin and get profit , they don't do anything when I trying to invite for buying bitcoin, but when we get profit, but there are also some friends who don't want to talk anything because he lost a lot of money because he knew Bitcoin and said regret for wasting money and time in Bitcoin because of me.


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May 04, 2022, 11:58:54 PM
 #317

Right now there is more bearish price prediction. The price haven't dropped low, the price have reached $39700 which looks like the market is on the bullish move. None is sure whether this is gonna be long term or short term progress. As for my opinion, everyone who wants to enter the market needs to watch it carefully. Possibly soon there arises an entry point which assures profit in the short term than entering the market at the top.

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May 05, 2022, 07:49:47 AM
 #318

The right time to introduce Bitcoin to friends and family, I have introduced Bitcoin to Facebook since 2015, of course many friends know that I got a profit because I could buy things that at that time I thought were impossible, but when I profit then I invited friends to Vacation and this make them more active in investing and now there are friends who are successful and opening 2 restaurants from profit Bitcoin.
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May 05, 2022, 03:57:32 PM
 #319

Right now there is more bearish price prediction. The price haven't dropped low, the price have reached $39700 which looks like the market is on the bullish move. None is sure whether this is gonna be long term or short term progress. As for my opinion, everyone who wants to enter the market needs to watch it carefully. Possibly soon there arises an entry point which assures profit in the short term than entering the market at the top.

Best to share knowledge about this industry not to drag them due to recommendation but instead allow them to learn

the fundamentals and see if they can fit to the volatile nature of this investment. It's tough since recommending will also take as assurance

that they will gain compensation, but in reality, it's too risky for anyone to enter the market without rightful knowledge about the business.

Guidance and giving good basis to allow those people to explore more before entering this market.
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May 08, 2022, 03:43:35 PM
 #320

Don't be afraid to get to know Bitcoin, we don't force them to buy, we only open insights about Bitcoin, and that I have done when I first know Bitcoin in 2014, if they want to buy then say that opportunities for loss and of course very risk.


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19Nov16
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May 19, 2022, 01:51:23 PM
 #321

Bitcoin is more than 10 years old, many countries have legalized, even many millionaires from Bitcoin, the wrong thing if we are afraid to invite friends or families to invest Bitcoin, when I know Bitcoin since 2014 I have introduced and invited a lot Friends and Family for investing in Bitcoin.


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arufox
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June 08, 2022, 12:19:06 PM
 #322

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If you believe in Bitcoin fundamentals, it's never too late and anytime would be a good time to buy. However, before you jump into investing, you also need to consider your own plans. Like when do you plan to take profit or the time frame you expect to finally enjoy the return on investment. Another thing to be prepared is a strong mentality to get through the market volatility. The price of Bitcoin, which tends to fluctuate, should not affect your decision to buy or start investing. Don't let sudden price increases change your long-term investment strategy. In addition, it is important for you to learn technical so that you know the right time to buy and sell

Yes  you are right it is never too late to buy bitcoin, the price at which bitcoin is now is what  can be afforded and it is favourable. Sometimes it depends on the target of profit  and the available money to be invested , but at the point at which bitcoin is presently it is not late for anyone who wants to invest in bitcoin.
Anyone can buy and invest in Bitcoin any time they want. Unlike the traditional stock market which only operates during certain hours of the day and week, the crypto market is independent of time. Although the course of the bitcoin price experiencing ups and downs, overall the future of Bitcoin looks to be very bright. In addition, the adoption rate of Bitcoin has also experienced rapid growth, unlike the previous year. But keep in mind that in bitcoin and crypto investing, we must be able to manage emotions so that we don't make decisions in a hurry and which can lead to losses.

m2017
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June 08, 2022, 01:32:47 PM
 #323

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If you believe in Bitcoin fundamentals, it's never too late and anytime would be a good time to buy. However, before you jump into investing, you also need to consider your own plans. Like when do you plan to take profit or the time frame you expect to finally enjoy the return on investment. Another thing to be prepared is a strong mentality to get through the market volatility. The price of Bitcoin, which tends to fluctuate, should not affect your decision to buy or start investing. Don't let sudden price increases change your long-term investment strategy. In addition, it is important for you to learn technical so that you know the right time to buy and sell

Yes  you are right it is never too late to buy bitcoin, the price at which bitcoin is now is what  can be afforded and it is favourable. Sometimes it depends on the target of profit  and the available money to be invested , but at the point at which bitcoin is presently it is not late for anyone who wants to invest in bitcoin.
Anyone can buy and invest in Bitcoin any time they want. Unlike the traditional stock market which only operates during certain hours of the day and week, the crypto market is independent of time. Although the course of the bitcoin price experiencing ups and downs, overall the future of Bitcoin looks to be very bright. In addition, the adoption rate of Bitcoin has also experienced rapid growth, unlike the previous year. But keep in mind that in bitcoin and crypto investing, we must be able to manage emotions so that we don't make decisions in a hurry and which can lead to losses.
When investing in bitcoin at any time, one should not forget such an important detail as for what period of time you plan to invest. With short-term investment, this rule may not work: you buy for 40.000$, and in a week it will cost 30.000. But in general, if you buy bitcoin to hold for several years, then you can buy at any time.

If we talk about the question posed on the title of this topic, then right now you can easily recommend bitcoin for purchase to all friends. As you can see, the price has now dropped a lot, which has created a situation for a successful purchase at a bargain price. Tell your friends about bitcoin, and maybe they will thank you for it in a couple of years.

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..BUY/ SELL CRYPTO..
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June 24, 2022, 01:29:56 PM
 #324

The right time to buy bitcoin because the current price is still cheap, which is around $21k, at the end of 2021 ago I suggested a friend to invest bitcoin and he bought it at a price of more than $50k, even though he lost but made sure to hold and wait another year for can profit.
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June 24, 2022, 01:36:33 PM
 #325

Price up : 20 159,15EUR +571,69 (2,92 %) for 5 days
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June 24, 2022, 03:11:31 PM
 #326

I'm often recommending whatever I do on WA groups, FB, and other social media, the first time I introduced bitcoin to friends was 2016, at that time the opportunity for mining bitcoin was very good with fast RoI so I suggested mining bitcoin, there are a friend who was successful because there was a price spike at the end of 2017 which allowed my friend to buy an apartment, a new car and so on.


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cabron
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June 24, 2022, 03:20:20 PM
 #327


Yes. There is no better time to buy BTC but the time when its price is down to its knees. Although price could still dip, I would still recommend as long as this money is something he can afford to keep for  looong time like 2 to or more years.

As long as the money is the money he can afford to lose then there is nothing to lose when its kept as BTC.

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June 28, 2022, 10:08:12 AM
 #328

I have a hard experience I forget, first I know Bitcoin because I was introduced by coworkers, and I was active in investment and hunt bitcoin from faucets, giveaway, airdrops and so on, after I collection in wallet and significant price increases in 2016 and from the moment I introduced Bitcoin to many friends and some were profitable to be able to buy a house, on the contrary there were those who were selling cars.
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June 28, 2022, 05:46:19 PM
 #329

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

In the bearish market making decision for people is not the best solution you can give, but if you really know who your friend his, if he lacks the patient and will panic if bitcoin go dipper then you can give him advice not buy , so that if bitcoin price eventually drop he won't panic and sell to loss . If you feel you won't be able to restand the bearish market it is better you don't buy just for you to have good rest of mind.

R


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June 29, 2022, 06:00:48 AM
 #330

I have recommended Bitcoin 5 years ago to a friend and family, but I say the true condition, even though I lose so I also say that my friends or family are always ready if you lose, especially I always say that don't ever regret when losing money..
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June 29, 2022, 09:12:29 AM
 #331

Anyone or everyone can recommend anyone to buy Bitcoin now or tomorrow. No matter when you do it, just do it. Because with a recommendation or first purchase, a persons interest in learning or achieving something new will start growing. Even if the purchase will be unprofitable, a person will get an experience, and that is something more valuable. Lets suppose that such knowledge will help him not to mistake in future, or take a right decision. Knowledge is always good.

R


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June 29, 2022, 10:28:25 AM
 #332

People who are not prepared to wait a long time, much less see a dollar loss on their deposit, should not be recommended to buy bitcoin. Most of these people will get scared of a drawdown and sell at a loss and then curse you. It is for such reasons that many people think bitcoin is a casino and a pyramid scheme.

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bitzizzix
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June 29, 2022, 12:00:41 PM
 #333

Anyone or everyone can recommend anyone to buy Bitcoin now or tomorrow. No matter when you do it, just do it. Because with a recommendation or first purchase, a persons interest in learning or achieving something new will start growing. Even if the purchase will be unprofitable, a person will get an experience, and that is something more valuable. Lets suppose that such knowledge will help him not to mistake in future, or take a right decision. Knowledge is always good.
That's true but one should start with good knowledge and understanding and the risks to face before recommending it but most of them will regret it and will even blame us and bitcoin after accepting the loss.
I prefer to provide understanding and knowledge beforehand and the risks that will be faced before recommending it, after that it's up to them whether they want to do it or not.
actually now is a good time to recommend it and recommend it for long term and strong patience, and don't forget to recommend buying it with money you can afford to lose.

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milewilda
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June 29, 2022, 10:13:00 PM
 #334

Anyone or everyone can recommend anyone to buy Bitcoin now or tomorrow. No matter when you do it, just do it. Because with a recommendation or first purchase, a persons interest in learning or achieving something new will start growing. Even if the purchase will be unprofitable, a person will get an experience, and that is something more valuable. Lets suppose that such knowledge will help him not to mistake in future, or take a right decision. Knowledge is always good.
That's true but one should start with good knowledge and understanding and the risks to face before recommending it but most of them will regret it and will even blame us and bitcoin after accepting the loss.
I prefer to provide understanding and knowledge beforehand and the risks that will be faced before recommending it, after that it's up to them whether they want to do it or not.
actually now is a good time to recommend it and recommend it for long term and strong patience, and don't forget to recommend buying it with money you can afford to lose.
The one thing that do hesitates me on recommendations is that i dont really like to be blamed in the end of the day thats why i never intent to tell someone nor introduce it unless if there are some close
friends or relatives that do ask me then i do answer out and talk about them with the basics.Never give them some assurances on making money or profits on easy way because we know the truth
that it isnt really having that way on which making money is totally hard but if we do talk about utility and application then we cant really be having problems yet explaining would really be simple
if you do really actually have the knowledge and not really just focusing on that money making part but not surprising people would really be that interested on how to make money
which is something not surprising.

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June 30, 2022, 01:15:21 PM
 #335

I have recommended Bitcoin 5 years ago to a friend and family, but I say the true condition, even though I lose so I also say that my friends or family are always ready if you lose, especially I always say that don't ever regret when losing money..
Nice that you are honest and also tells the bad side of investing in bitcoin not unlike to others out there that only shows the profit that they have gained so the people that sees it then hastily invest without knowing that there is a danger waiting for them. That's no good because you can be blamed later on if those people losses a lot of money but speaking of losing money, one must be ready for that because there's no investment that is safe anyway especially if we are talking about bitcoin where the volatility rate is too high.

Now that we are in bear market, bitcoin is highly recommended but we should guide them properly since they are still a noob.
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July 27, 2022, 05:25:27 PM
 #336

No please don't.

Bitcoin is not an investment and you shouldn't tell people to buy bitcoin because its price may go up. You should first learn about bitcoin yourself and see what the one and only decentralized currency in existence offers then if you liked the technology and had some basic understanding of it then introduce it as a currency to others who seek financial sovereignty.

You can teach or train your friends about the Bitcoin world but can't recommend or tell them to buy or sell it. All is up to them. Each person has seen different views, so yes or no is definitely not the answer to this vague question. But introducing them to this digital currency world is the best thing that you can do.

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July 27, 2022, 05:51:55 PM
 #337

How did your friend know Bitcoin and how deeply did he understand how Bitcoin works?
You should advise your friends not to rush into the market, because there is no guarantee that someone will get rich quick just by buying Bitcoin. Fluctuating Bitcoin movements can make a person regret his actions due to the price that continues to fall, he can lose money for actions that have no basis on how to invest properly. Do personal research first before putting money in to reduce risk, and the money used must be prepared to lose.

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Reatim
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July 28, 2022, 03:17:29 AM
 #338

We have to open their minds that bitcoin and cryptocurrencies are high risk investments, I often talk about bitcoin with friends or family, most of them don't care or are not interested, but when I get big profits then they follow by investing or trading cryptocurrencies, but I always say that all risks must be prepared and don't blame me if lose.
because you explained them incompletely so their interest is not that taken , Bitcoin is always a good investment and better but the problem is that  we cannot find the perfect way to understand their attitude and how they can check and believe crypto investing.
like what you said they are only following you after the market starts bullying or when it is bully but forget yours when its dumping.
so let them realized their mistake deeply mate.









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carlisle1
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July 28, 2022, 04:41:52 PM
 #339

We have to open their minds that bitcoin and cryptocurrencies are high risk investments, I often talk about bitcoin with friends or family, most of them don't care or are not interested, but when I get big profits then they follow by investing or trading cryptocurrencies, but I always say that all risks must be prepared and don't blame me if lose.

The first impression coming from those who don't understand this investment is the thinking that it's just a scam,

but when they see someone earn a lot from this business, they are in such a hurry to join and invest, not realizing that aside

from the profits there's also risk in losing their money. If you will recommend better to let them know that despite of good potential,

if they failed to join in the right time, they can lose a portion of their investment to the point that they can lose everything

so better to invest with knowledge before taking the ride.
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August 04, 2022, 01:39:14 PM
 #340

Of course it is worthy to invite friends or family to invest Bitcoin, especially the current price conditions are still red and we have good potential to buy, of course we must say that Bitcoin investment is very risky so that when the drop price occurs then they are ready and not blame us.

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BobK71
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August 04, 2022, 05:22:06 PM
 #341

Of course it is worthy to invite friends or family to invest Bitcoin, especially the current price conditions are still red and we have good potential to buy, of course we must say that Bitcoin investment is very risky so that when the drop price occurs then they are ready and not blame us.
Bitcoin is now an opportunity. So close acquaintances should be informed about this. Otherwise they may blame you at any moment. No need to encourage them to invest. Presenting the advantages and potentiality of using Bitcoin, I think they will accept it without any hesitation.

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August 04, 2022, 06:33:06 PM
 #342

Of course it is worthy to invite friends or family to invest Bitcoin, especially the current price conditions are still red and we have good potential to buy, of course we must say that Bitcoin investment is very risky so that when the drop price occurs then they are ready and not blame us.
Bitcoin is now an opportunity. So close acquaintances should be informed about this. Otherwise they may blame you at any moment. No need to encourage them to invest. Presenting the advantages and potentiality of using Bitcoin, I think they will accept it without any hesitation.
At current price levels, bitcoin may only be of little interest to beginners. Now, if btc grew in price, then this would immediately arouse in them a desire to learn more about it, but at such moments it is not the best entry point into the crypto world. You are absolutely right in stating that you can be called the culprit of an unsuccessful investment, so you need to be careful in solving this problem and immediately warn friends about the risks or other negative consequences when buying bitcoin. I also agree that you don't need to encourage them to invest and I think that friends should come to this decision on their own. Of course, you can't do without your help here and you can share with them the initial basic information about btc. All the same, the words of friends inspire some confidence. Well, then, let them draw knowledge from this forum and join the number of bitcoin investors, if they are ready for this.

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August 05, 2022, 01:04:40 AM
 #343

Of course it is worthy to invite friends or family to invest Bitcoin, especially the current price conditions are still red and we have good potential to buy, of course we must say that Bitcoin investment is very risky so that when the drop price occurs then they are ready and not blame us.
The price is still cheap and a good time to engage ourselves. But its best to explain everything to them before encouraging to invest, as you've said there's a risk. You dont want to be the one to blame incase what they expect didnt happen right? So gain knowledge before investing to become aware of how it works. It is profitable indeed especially for users who plan to hold for long period but anything unexpected can happen and we should be prepared for it.

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August 05, 2022, 02:29:17 PM
 #344

Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.

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peterpanda
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August 05, 2022, 05:45:22 PM
 #345

Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.
I think it is the right time to buy bitcoin. In my opinion, bitcoin will star to grow in the early november. If we buy at this current stage, I hope we will be able to make good profit. You are right that before giving suggestions, we have to teach about the risks.

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August 05, 2022, 06:55:54 PM
 #346

bitcoin price is currently at $23000, of course this price can be said to be cheap,
because compared to a few months ago the price of Bitcoin is still at $50000, yes, it has fallen by more than 50%,
but we have to remember, that a bear market like this is still not over. , my advice is to just buy 25% of your capital,
or suggest to your friends to buy it in installments.

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August 05, 2022, 08:08:44 PM
 #347

Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.
It turns out that the advice to buy bitcoin right now would be very strange, if at the same time it warns that it is very risky and you could lose your investment. Especially if you suggest it to the family, which implies spending some of the family's budget. Think about how you will be treated if things go wrong.

.
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August 05, 2022, 11:32:35 PM
 #348

Of course it is worthy to invite friends or family to invest Bitcoin, especially the current price conditions are still red and we have good potential to buy, of course we must say that Bitcoin investment is very risky so that when the drop price occurs then they are ready and not blame us.
Bitcoin is now an opportunity. So close acquaintances should be informed about this. Otherwise they may blame you at any moment. No need to encourage them to invest. Presenting the advantages and potentiality of using Bitcoin, I think they will accept it without any hesitation.
+1

Once they realized how so beneficial bitcoin it is , they would ask for more . Encourage them indirectly , not just asking them to invest in bitcoin and feel the profit! They would of course come back to you and ask for a piece of responsibility whenever things went wrong .
Anytine is a great time to tell your colleagues to give it a try on bitcoin investment/trade or business , it's always a great time though.

.
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August 06, 2022, 08:38:22 AM
 #349

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.

I think if You are still interesting to encourage your friend to invest ? then this is the perfect time mate because we have the lowering market now from that june 2021 thread .

Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。

well this kind of market is what we need to check , this coming last quarter of 2022 is the awaiting season because I think there are so much happening that will come along the way.









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Fredomago
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August 06, 2022, 10:35:21 AM
 #350

Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.
It turns out that the advice to buy bitcoin right now would be very strange, if at the same time it warns that it is very risky and you could lose your investment. Especially if you suggest it to the family, which implies spending some of the family's budget. Think about how you will be treated if things go wrong.

Yep! best not just to advise to dive in but to guide on how to understand the volatility and what are the risk that accompanied by this investment, I get your point since if you will recommend or advice bitcoin to someone who are close to you and the investment failed, the relationship might be affected.

It's always the right thing to educate someone first before letting them to enter any kind of investment. With knowledge, they will be able to work along in how the situation comes to them and adjust and decide on their own.

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August 06, 2022, 06:13:44 PM
 #351

I suggest that before investing in cryptocurrency, you must really have knowledge,
don't just buy and hold, because it has been proven that many don't work because Hold,
because Hold is only good when Bitcoin is still very cheap, but now are you sure you want to do it? Long term hold?

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August 07, 2022, 05:35:27 PM
 #352

Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.
It turns out that the advice to buy bitcoin right now would be very strange, if at the same time it warns that it is very risky and you could lose your investment. Especially if you suggest it to the family, which implies spending some of the family's budget. Think about how you will be treated if things go wrong.
support at S20k seems strong, and now the price of Bitcoin is trading at $23k,
my advice is to wait until the weekend is over, because it could be Monday the Bitcoin price will go down,
I hope not, because according to the analysis Bitcoin will also go to $25k.

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August 07, 2022, 07:26:27 PM
 #353

Of course this is the right time to tell or invite our friends or family. but what we must do first is teach the risks we face if one day it is not as expected.
It turns out that the advice to buy bitcoin right now would be very strange, if at the same time it warns that it is very risky and you could lose your investment. Especially if you suggest it to the family, which implies spending some of the family's budget. Think about how you will be treated if things go wrong.
support at S20k seems strong, and now the price of Bitcoin is trading at $23k,
my advice is to wait until the weekend is over, because it could be Monday the Bitcoin price will go down,
I hope not, because according to the analysis Bitcoin will also go to $25k.
Not a solid thing about weekdays drop kind of thing but this had been a usual behavior on which some do able to notice it out but wont be that a sure thing but its not bad to have
that kind of consideration when it comes to getting in and buying some coins but on this point it wasnt really a bad idea on to buy specially if you are going or holding for long
term then it wont really be that much of a hard thing for you to make up decisions yet we know that bitcoins potential is something worth and could really be that
giving some results in long term perspective.You can make out recommendations to your friend but you shouldnt give them some assurance about making sure profits
so that there would be no blaming in the end between you and your friend.

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August 08, 2022, 01:27:16 AM
 #354

I have introduced Bitcoin to friends and family since 6 years ago, there are those who are interested and invest or mine and success, initially sell a house worth $ 60k to buy bitmain and roi when there is a fantastic increase in 2017, but there are those who fail because they buy and sell Cheap in early 2019, but the thing I hold is never invites too aggressive, and always say that Bitcoin is very risky.



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August 11, 2022, 08:37:51 AM
 #355

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.
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August 11, 2022, 05:38:37 PM
 #356

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.
Crypto experts expect Bitcoin gradually return to its previous position. Yesterday Bitcoin price was around $23000 but now it is more than $24000. Bitcoin is still in a buy prices. But after few days later it may reach $28000 then many may regret. I think investing in Bitcoin will never be lose. But I will definitely advise my friends to invest in Long-term.

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August 14, 2022, 06:02:05 PM
 #357

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.
Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.
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August 14, 2022, 07:23:26 PM
 #358

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.
Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.
if your friend wants to take the risk then let him buy it at a price of $ 23k, but indeed we must also suggest installing a stop lose,
because bitcoin is still in the sell zone, the bitcoin price could have broken support $ 20k, therefore stop losing is very important !

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August 15, 2022, 04:08:04 AM
 #359

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.
Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.
if your friend wants to take the risk then let him buy it at a price of $ 23k, but indeed we must also suggest installing a stop lose,
because bitcoin is still in the sell zone, the bitcoin price could have broken support $ 20k, therefore stop losing is very important !

Not really, $23k is not a very high price, compared to the ATH of $69k. If you determine this is a long-term investment that can be measured in years then buy at this price, and stop loss with the long-term investment is not necessary.

Bitcoin will likely drop below $20k once again but it will rise again once the bulls get involved. Bitcoin should not be compared with shitcoins because shitcoins may never rise again but with bitcoin, it will always rise again.

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August 15, 2022, 06:20:08 AM
 #360

If they have never heard of Bitcoin then I like to introduce to friends or family, of course I do not recommend immediately buying, I always suggest that investment bitcoin is very risky and must be ready if something bad happens, of course in this way then I'm not blamed if the market is red.


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carlisle1
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August 15, 2022, 03:10:54 PM
 #361

I always give any news about Bitcoin to friends or family who are curious, even when 7 years ago I could earning easy from Giveaway, PTC or Faucets I made an address and directed Exchanges who could serve withdrawing with Fiat, and some even got a big profit in the year 2017 and give me a prize of $ 500.

Way back there are many doubts around, but after the big rally in 2017, a lot of people got curious about crypto, especially with

Bitcoin, not sure if recommendation is the right term but giving idea and information about this industry will give people opportunity

to learn about this market, let them work if they really desire to learn and then earn while investing in this business.

If they have never heard of Bitcoin then I like to introduce to friends or family, of course I do not recommend immediately buying, I always suggest that investment bitcoin is very risky and must be ready if something bad happens, of course in this way then I'm not blamed if the market is red.

Let them explore and learn about the market, introducing with a positive approach that the chance of earnings is possible but not to the

point that you will force / push them to invest right away.
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August 15, 2022, 06:18:20 PM
 #362

I always give any news about Bitcoin to friends or family who are curious, even when 7 years ago I could earning easy from Giveaway, PTC or Faucets I made an address and directed Exchanges who could serve withdrawing with Fiat, and some even got a big profit in the year 2017 and give me a prize of $ 500.
The current market exists between positive and negative signal. Some believe there is a possibility of a large dump while others say it could be a small pump. At present it seems a bit difficult to understand the nature of market movement. So I will certainly inform my close friends about this but ask them to take a little more time. I would suggest investing as soon as the market goes down that would be proper time to buy.

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August 15, 2022, 06:19:34 PM
 #363

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I do not recommend that you invite your friends to invest in bitcoin for now, you need to educate them also about what bitcoin and crypto are so they can make it an adoption not only as an investment, you can see my thread here about how cycle 4 the year it worked


..Stake.com..   ▄████████████████████████████████████▄
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August 15, 2022, 09:12:45 PM
 #364

Is their any need to recommend a friend to buy  bitcoin if your friend can't make decisions to know when is the best time to buy bitcoin no need to make the decision for him/she. Cryptocurrency is a thing of making personal decisions and not to seek decisions from people.
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August 16, 2022, 12:00:12 AM
 #365

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.
Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.

the problem with giving advice or suggesting to someone who invests in bitcoin and altcoins is that whenever this person that we are suggesting to invest in bitcoin will create high expectations, he will always think that he will have a lot of money when he buys bitcoin and the price goes up a lot, but when he buys and the price of bitcoin drops a lot, that person starts blaming the person who suggested him, this person never sees that he made a mistake, on the contrary, he even starts to think that the person who suggested that he buy bitcoin doesn't like him , envy him. so be careful when giving advice or recommending someone investing in bitcoin

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I do not recommend that you invite your friends to invest in bitcoin for now, you need to educate them also about what bitcoin and crypto are so they can make it an adoption not only as an investment, you can see my thread here about how cycle 4 the year it worked



the best advice is for the person to google about bitcoin and its risks and after the person shows that he made the effort to do research then you can sit down with him and tell him the advantages and disadvantages of bitcoin, without hiding anything

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August 16, 2022, 04:30:47 AM
 #366

Many people do not understand Bitcoin, when I introduce them to think Bitcoin is like Paypal, some even say like Multi Level Marketing, of course it is not an easy thing to introduce Bitcoin because most people don't care and feel they don't need anything else.



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fuguebtc
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August 17, 2022, 09:50:10 PM
 #367

If they have never heard of Bitcoin then I like to introduce to friends or family, of course I do not recommend immediately buying, I always suggest that investment bitcoin is very risky and must be ready if something bad happens, of course in this way then I'm not blamed if the market is red.

Should give them the necessary information before telling them to invest, even though bitcoin is a highly profitable investment, always emphasize with them about bitcoin's volatility and possible risks for them. Help them understand everything about bitcoin before teaching them how to invest in bitcoin.

Investing too hastily will not benefit them and will even harm them, when they will become more averse to bitcoin than friendly.

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August 17, 2022, 09:50:30 PM
 #368

Is their any need to recommend a friend to buy  bitcoin if your friend can't make decisions to know when is the best time to buy bitcoin no need to make the decision for him/she. Cryptocurrency is a thing of making personal decisions and not to seek decisions from people.
If your friend did really make some approach on you about bitcoin or you are the ones who do tend to share up the opportunity on where Bitcoin could give.Yes, you could really make out
recommendations but you shouldnt really give out some guarantees.

You could recommend on your friend about bitcoin or crypto as a whole but dont forget to remind about the risk because we know on how risky this market is
when it comes to price volatility.

Speak with the cons and pro's of it and dont make your friend to be hyped about it and always give out reminders and warnings
so that you wont really be blamed out.

R


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August 18, 2022, 04:24:59 PM
 #369

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.
Crypto experts expect Bitcoin gradually return to its previous position. Yesterday Bitcoin price was around $23000 but now it is more than $24000. Bitcoin is still in a buy prices. But after few days later it may reach $28000 then many may regret. I think investing in Bitcoin will never be lose. But I will definitely advise my friends to invest in Long-term.
What position? They better, or you better clarify it because here in cryptos we have two positions and that is one is upward and the other is downward. I don't think there are still people who will regret because this bear run gives them adequate time already to buy but in the event the price climbs to 28k then the regret is only small and it's still possible for them to buy it because there's still a long way to go before we fully recovered to the last ath.

Investing has its own risks including bitcoin so if you don't know what you are doing then you can surely lose but before you engage here, better study things first. We can recommend btc to our friends but let us also guide them.
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August 18, 2022, 11:20:42 PM
 #370

Many people do not understand Bitcoin, when I introduce them to think Bitcoin is like Paypal, some even say like Multi Level Marketing, of course it is not an easy thing to introduce Bitcoin because most people don't care and feel they don't need anything else.
this is why many projects always have educational events, but I'm sure 80% of young people today already know what Bitcoin is,
we have entered the digital age and it's impossible for young people to miss it, try to explain to friends if they don't understand
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September 09, 2022, 06:19:10 PM
 #371

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.
Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.
The present time can be termed as the best time to invest in Bitcoin. At this time, it is very important to inform those who are close by. Although there may be confusion about whether they will be able to understand about it. If they are able to understand its various aspects then surely they will not want to miss this bearish opportunity.


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September 09, 2022, 09:15:01 PM
 #372

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.
Definitely we should not force someone on investment but we can suggest about investment in right time. It is free to provide information about upcoming news about crypto. Bitcoin has bright future and we should tell about it to our nearest people.
The present time can be termed as the best time to invest in Bitcoin. At this time, it is very important to inform those who are close by. Although there may be confusion about whether they will be able to understand about it. If they are able to understand its various aspects then surely they will not want to miss this bearish opportunity.
All matters with experience and knowledge because you wouldnt able to determine on when to get in if you arent aware on how this market works on the first place and just like on what others been saying on here is that you could really make out some recommendation on buying bitcoin or crypto but as long you dont make out some guarantees that your friend would believe on then it should be fine.Most of the time where people do really easily believed about money making which your interest would be on the rooftop on the time you've been hearing about money making but honestly it isnt really simple as it sounds.
Recommendation does really involved with some basic explanation about on what it is but dont ever forget about the risk involved with it.

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September 10, 2022, 10:31:33 AM
 #373


All matters with experience and knowledge because you wouldnt able to determine on when to get in if you arent aware on how this market works on the first place and just like on what others been saying on here is that you could really make out some recommendation on buying bitcoin or crypto but as long you dont make out some guarantees that your friend would believe on then it should be fine.Most of the time where people do really easily believed about money making which your interest would be on the rooftop on the time you've been hearing about money making but honestly it isnt really simple as it sounds.
Recommendation does really involved with some basic explanation about on what it is but dont ever forget about the risk involved with it.

Good explanation gives a good edge to someone who are willing to take their chances, though everything must be depends with how the person reacts in any advice that you are giving, if the person is keen into success he will find ways to explore deeper, recommendation for further assistance and explanations will allow your friends to grow more.

It's all about your own trust with your knowledge and how will you deliver it to be adopted by another person who you really wanted to experience the good things that you've got from this industry.

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
You can advice your friend to buy Bitcoin and have keep for long term investment because this is the best opportunity and time to buy Bitcoin and keep and when it rise you make your gain. If you want it to faill to the list before you buy, it seems that you want to lose your opportunity in bitcoin investment. Tell your friend to buy and hold till the ending of this year

It easy to say but without explanation on why you needed to hold it for long-term will kick your friend ass each time he experienced more fall than expected, to the point that he might fear the market and instead of holding he will sell it out with huge losses from his initial investment, before recommending something i's better to make your friend realize both possible risk and gains from this industry.

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September 10, 2022, 03:29:12 PM
 #374

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
You can advice your friend to buy Bitcoin and have keep for long term investment because this is the best opportunity and time to buy Bitcoin and keep and when it rise you make your gain. If you want it to faill to the list before you buy, it seems that you want to lose your opportunity in bitcoin investment. Tell your friend to buy and hold till the ending of this year
There is a word that A friend in need, is a friend indeed. If Bitcoin's success is not shared with close friends, it is in a sense a selfish act. Bitcoin will return to its highest expected place. If a friend complains that he could not buy bitcoins for verdancy, then you must be ashamed because of you knew about bitcoin but not share. After all the price of bitcoin is much less so this is the right time to recommend anyone.

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September 10, 2022, 04:02:46 PM
 #375

You can advice your friend to buy Bitcoin and have keep for long term investment because this is the best opportunity and time to buy Bitcoin and keep and when it rise you make your gain. If you want it to faill to the list before you buy, it seems that you want to lose your opportunity in bitcoin investment. Tell your friend to buy and hold till the ending of this year
But it would be better if the person who will be informed is someone who already understands about investing and Bitcoin and its risks. Because everyone can not guarantee for profit through any investment as long as there is no increase in price as desired. So make sure the person who is given the advice is based on his own intentions, not based on orders from others or ideas from others. Because it will look good when he loses on the basis of his own intentions without having to involve other people in it.

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September 18, 2022, 01:02:55 PM
 #376

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If you believe in Bitcoin fundamentals, it's never too late and anytime would be a good time to buy. However, before you jump into investing, you also need to consider your own plans. Like when do you plan to take profit or the time frame you expect to finally enjoy the return on investment. Another thing to be prepared is a strong mentality to get through the market volatility. The price of Bitcoin, which tends to fluctuate, should not affect your decision to buy or start investing. Don't let sudden price increases change your long-term investment strategy. In addition, it is important for you to learn technical so that you know the right time to buy and sell

Yes  you are right it is never too late to buy bitcoin, the price at which bitcoin is now is what  can be afforded and it is favourable. Sometimes it depends on the target of profit  and the available money to be invested , but at the point at which bitcoin is presently it is not late for anyone who wants to invest in bitcoin.
Anyone can buy and invest in Bitcoin any time they want. Unlike the traditional stock market which only operates during certain hours of the day and week, the crypto market is independent of time. Although the course of the bitcoin price experiencing ups and downs, overall the future of Bitcoin looks to be very bright. In addition, the adoption rate of Bitcoin has also experienced rapid growth, unlike the previous year. But keep in mind that in bitcoin and crypto investing, we must be able to manage emotions so that we don't make decisions in a hurry and which can lead to losses.
When investing in bitcoin at any time, one should not forget such an important detail as for what period of time you plan to invest. With short-term investment, this rule may not work: you buy for 40.000$, and in a week it will cost 30.000. But in general, if you buy bitcoin to hold for several years, then you can buy at any time.

If we talk about the question posed on the title of this topic, then right now you can easily recommend bitcoin for purchase to all friends. As you can see, the price has now dropped a lot, which has created a situation for a successful purchase at a bargain price. Tell your friends about bitcoin, and maybe they will thank you for it in a couple of years.
Even though the bitcoin price is currently in a deep slump, buying large amounts of bitcoin when it's falling is not a wise move. Even though the bitcoin price is currently falling, it doesn't mean it's a wise move if we put all our money to invest there. We can recommend to friends to buy bitcoin when the price is down like now, but they must pay attention to money management and planning for the long term and also should not panic when they see the market is in the red zone.

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September 22, 2022, 09:10:24 PM
 #377


Inviting them to buy, of course, is a risky thing, although the opportunity for profit when buying at the current price is very large but the risk is always there, even many analysts are sure that prices can go down below $ 17K.
This is why its really important that you should really make explanation about that particular risk into your friend because even us who are been here on this market for a while does know its potential in

terms or recovery but into those people who do just recently know it whether because you do introduce it to them or get it on other sources then it would be normal that their hopes are really that high which they do even believe that on the time that they had able to buy then they do expect something gains after than which its not always the case.

You can recommend but never ever make out assurances about making profits or money.

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September 23, 2022, 11:28:33 AM
 #378


terms or recovery but into those people who do just recently know it whether because you do introduce it to them or get it on other sources then it would be normal that their hopes are really that high which they do even believe that on the time that they had able to buy then they do expect something gains after than which its not always the case.

You can recommend but never ever make out assurances about making profits or money.
Yes of course, one should invite neighbors or friends, at first he should give them good knowledge about Bitcoin. They must be well informed about the risks so that the friend or relative not blame him in any adverse situation. But if anyone disagrees after deserving the whole things then no one should motivate and those who are agree and very much influenced they must have to be suggested for long-term investment.

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September 23, 2022, 08:22:42 PM
 #379


terms or recovery but into those people who do just recently know it whether because you do introduce it to them or get it on other sources then it would be normal that their hopes are really that high which they do even believe that on the time that they had able to buy then they do expect something gains after than which its not always the case.

You can recommend but never ever make out assurances about making profits or money.
Yes of course, one should invite neighbors or friends, at first he should give them good knowledge about Bitcoin. They must be well informed about the risks so that the friend or relative not blame him in any adverse situation. But if anyone disagrees after deserving the whole things then no one should motivate and those who are agree and very much influenced they must have to be suggested for long-term investment.

That's the point before recommending or teaching anyone to invest with Bitcoin. You should always consider the knowledge that the person must adopt, so there's no blame to happen. The deeper the person understand the industry the longer he will spend his time engaging with the business, unlike with someone who' being lead thru hypes those people who will be easy to panic, when dump take place they will lose their money and they will point that to you.

It's not easy as how other people think it is, there are lots or long time to spend before you will fully understand the concepts.

Recommending by means of introducing and guiding your friend is good as long as you are willing to guide them and they are willing to extend their time to gather more information about the business that they are involving.

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September 23, 2022, 09:36:02 PM
 #380

Now is the good time to suggest it to your friend. But make sure a friend of yours is aware on how bitcoin runs, because if not, they'll only think about it that it's always a profit day.
It's not how it works but just to be sure, don't encourage them to buy instead explain to them what could happen if they buy together with the pros and cons if the market is positive/negative.



 

 

 

 

 

 


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September 23, 2022, 10:18:19 PM
 #381

Bitcoin prices towards the last week of September are very volatile and historically in September Bitcoin has always been negative,
 of course if you want to buy and encourage your friends to buy this is the right time,
because bitcoin prices are down and cheap that's a good buy time for the long term.
Don't even buy when the price reaches new ATH, obviously it's very risky to get you hooked  Grin
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September 24, 2022, 09:03:38 AM
 #382

Inviting them to buy, of course, is a risky thing, although the opportunity for profit when buying at the current price is very large but the risk is always there, even many analysts are sure that prices can go down below $ 17K.

really this is a good time to buy bitcoin but to be honest i don't recommend my friends to buy at this time, some people still ask me about bitcoin but what i want them to know is knowledge about bitcoin, not investment in the first place
i know they know about bitcoin because the news bitcoin price surge brings wealth to many people, but it is not that simple. so i advise them to learn everything about bitcoin first not only profit but also risk it can bring them
as long as the market is still there, opportunities are still there, as long as they know how to seize everything, it's not too late to invest in the future

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September 24, 2022, 04:50:21 PM
 #383

even us who are been here on this market for a while does know its potential in terms or recovery but into those people who do just recently know it whether because you do introduce it to them or get it on other sources then it would be normal that their hopes are really that high which they do even believe that on the time that they had able to buy then they do expect something gains after than which its not always the case.
If it's a new coin yes it's hard to determine their potential or if they can still recover whenever they dump. While if it's about old coins, we can assume that they can always recover even it takes time. Normally when we are the ones who introduce a coin to our friends we let them understand that earning or earning big rather is not 100% guarantee but despite of that they might still feel excited because they are new in it although that level of excitement is not high as when they are only figuring things themselves.

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they do even believe that on the time that they had able to buy then they do expect something gains after than which its not always the case.
As long as always you introduce them on the right time like when the price is falling hard, then the recovery rate is also faster.

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September 24, 2022, 09:22:05 PM
 #384

Yes of course, one should invite neighbors or friends, at first he should give them good knowledge about Bitcoin. They must be well informed about the risks so that the friend or relative not blame him in any adverse situation. But if anyone disagrees after deserving the whole things then no one should motivate and those who are agree and very much influenced they must have to be suggested for long-term investment.
If they are not interested to join crypto trading or investment, surely we shouldn't invite them. Inviting people who have no intention of crypto may bring problems and they won't accept anything related to crypto, too. In my opinion, it is better to avoid those people who aren't interested in crypto since it only wastes time, even if they are our family, friends, or neighbors. So far, I only invite people who have an intention with crypto or people who aren't against digital assets at least.


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September 25, 2022, 07:53:49 PM
 #385

Do you think that this kind of market should be forbidden to enter or continue to buy?
Maybe this is not the right time to buy even though the market is being dumped. Because market conditions like this will continue until the whales actually come in to pump. The global economy is in crisis, billionaires are using their money for business interests outside of crypto. Most of them are also involved in government business. What we need to do now is monitor the market and also monitor the development of information between countries, and other political issues.

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September 25, 2022, 08:26:41 PM
 #386

Do you think that this kind of market should be forbidden to enter or continue to buy?
Maybe this is not the right time to buy even though the market is being dumped. Because market conditions like this will continue until the whales actually come in to pump. The global economy is in crisis, billionaires are using their money for business interests outside of crypto. Most of them are also involved in government business. What we need to do now is monitor the market and also monitor the development of information between countries, and other political issues.
If its not the right time to buy then when you would really be considering on doing so? In bear markets then its true that it is really that hard to make out buy decisions but come to think that this is
the best time on accumulating cheaper coins but we know that it wont really be that easy.We would really be mainly be thinking that we might really be seeing the price shoots down even more and
that what gives that kind of anxiety or hesitance because we've known that this market could even more dump even you do say your'e experienced one but doesnt mean you do make assurances
of every decisions you do make.You could make out recommendations into someone but dont really give out assurance that they could get profits or easy money on this market.

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December 13, 2022, 04:29:28 PM
 #387

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I do not recommend that you invite your friends to invest in bitcoin for now, you need to educate them also about what bitcoin and crypto are so they can make it an adoption not only as an investment, you can see my thread here about how cycle 4 the year it worked


Indeed, one should not invest in anyone's recommendation or wisdom.  Must first have proper understanding, education and reasoning power about Bitcoin and Cryptocurrency.  If not, it can cause a lot of damage.


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December 13, 2022, 08:44:25 PM
 #388

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I do not recommend that you invite your friends to invest in bitcoin for now, you need to educate them also about what bitcoin and crypto are so they can make it an adoption not only as an investment, you can see my thread here about how cycle 4 the year it worked


Indeed, one should not invest in anyone's recommendation or wisdom.  Must first have proper understanding, education and reasoning power about Bitcoin and Cryptocurrency.  If not, it can cause a lot of damage.
And also it is really that regretful when you do follow someones advice and did turn out to be that a losing trade or investment then this is where regrets do comes in and would be blaming out thats why learning for

yourself when it comes to investment is always been that recommendable.Its not bad to look for some learnings on someones experience but you shouldn't really be relying on it since its not really that recommended.

If you are someone who do make out recommendations then be sure not to forget on making some warning or caution on someone that this isnt something that you could easily
deal with and also this isnt a market that could make out easy profits.

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December 14, 2022, 11:10:21 AM
 #389

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I do not recommend that you invite your friends to invest in bitcoin for now, you need to educate them also about what bitcoin and crypto are so they can make it an adoption not only as an investment, you can see my thread here about how cycle 4 the year it worked


Indeed, one should not invest in anyone's recommendation or wisdom.  Must first have proper understanding, education and reasoning power about Bitcoin and Cryptocurrency.  If not, it can cause a lot of damage.

Recommendation can be used as the basis to begin with, but yes, proper education and right knowledge of anything that you would like to invest or to work with will give you good chances of success.

Without any knowledge, you will risk your money and your time. There are people who have been to encourage from the recommendations
of friends and families, most of them failed to survive.

Money matters, emotions are always the big factors when deciding. You are not exempted from panicking when collapse happens so
better to established a good preparation before entering this business.
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December 14, 2022, 01:52:22 PM
 #390

Indeed, one should not invest in anyone's recommendation or wisdom.  Must first have proper understanding, education and reasoning power about Bitcoin and Cryptocurrency.  If not, it can cause a lot of damage.
Just educate first the people that you're talking to if they're interested to know more about bitcoin. Tell them the good things about bitcoin but don't forget to include the risks that someone will take if they ever decide to invest in bitcoin.
Avoid giving guarantees because that's where you're just making yourself in trouble because the person you're talking to might blame you later on if results didn't go according to what you've guaranteed.

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December 15, 2022, 07:02:34 AM
 #391

All we can do is recommend, never ask to invest in bitcoin even though we have experience of large profits, instead say that investing in bitcoin is very risky because it can make money disappear in a short time. it's too dangerous if we recommend it and it turns out that our friends don't understand and only think about profit.

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December 15, 2022, 11:18:12 AM
 #392

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
I do not recommend that you invite your friends to invest in bitcoin for now, you need to educate them also about what bitcoin and crypto are so they can make it an adoption not only as an investment, you can see my thread here about how cycle 4 the year it worked


Instead of inviting it, it's better to introduce it first, in this case, if indeed what we introduce is still lay, it will actually be difficult if you are directly invited to bitcoin,
But on the other hand, introducing from now on the ins and outs of Crypto will obviously be very good, especially seeing that Bitcoin's current condition is below that, in fact, in my opinion, it's worth it. As long as the introduction from the start is not wrong, because the kit has to look at the worst side first before feeling sweet at the end, rather than giving an introduction about a big price, in the end there is a little regret. I think it's better to be introduced from when bitcoin is in a phase like this. that way we know the risks when investing here.

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December 15, 2022, 12:54:36 PM
 #393

Inviting them to buy, of course, is a risky thing, although the opportunity for profit when buying at the current price is very large but the risk is always there, even many analysts are sure that prices can go down below $ 17K.

really this is a good time to buy bitcoin but to be honest i don't recommend my friends to buy at this time, some people still ask me about bitcoin but what i want them to know is knowledge about bitcoin, not investment in the first place
i know they know about bitcoin because the news bitcoin price surge brings wealth to many people, but it is not that simple. so i advise them to learn everything about bitcoin first not only profit but also risk it can bring them
as long as the market is still there, opportunities are still there, as long as they know how to seize everything, it's not too late to invest in the future
Yes, I will also do the same as you, instead of having to recommend buying bitcoin now, I prefer to give them the basic knowledge about bitcoin first, what are the advantages, I will definitely reveal all the risks involved. Not everyone will understand quickly what bitcoin is and also they are attracted to bitcoin because they heard that some people started good entries so that it is profitable for them. But not everything that happens is as expected, sometimes we have to be patient longer before feeling the benefits. After they understand, I'm sure they will understand what they should do without us recommending it.

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December 15, 2022, 01:20:05 PM
 #394

Inviting them to buy, of course, is a risky thing, although the opportunity for profit when buying at the current price is very large but the risk is always there, even many analysts are sure that prices can go down below $ 17K.

really this is a good time to buy bitcoin but to be honest i don't recommend my friends to buy at this time, some people still ask me about bitcoin but what i want them to know is knowledge about bitcoin, not investment in the first place
i know they know about bitcoin because the news bitcoin price surge brings wealth to many people, but it is not that simple. so i advise them to learn everything about bitcoin first not only profit but also risk it can bring them
as long as the market is still there, opportunities are still there, as long as they know how to seize everything, it's not too late to invest in the future
Yes, I will also do the same as you, instead of having to recommend buying bitcoin now, I prefer to give them the basic knowledge about bitcoin first, what are the advantages, I will definitely reveal all the risks involved. Not everyone will understand quickly what bitcoin is and also they are attracted to bitcoin because they heard that some people started good entries so that it is profitable for them. But not everything that happens is as expected, sometimes we have to be patient longer before feeling the benefits. After they understand, I'm sure they will understand what they should do without us recommending it.

Indeed, giving financial advice to someone is really not easy and shouldn't even be because we are not them, we don't know what they're thinking and what they want, are they willing to take the risk or not...a lot to talk about. I will do the same as you two, give them knowledge and let them decide for themselves whether to invest. Investing in bitcoin is very risky, even if we are not sure we can make a profit, we cannot give arbitrary advice.

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December 15, 2022, 02:43:32 PM
 #395

All we can do is recommend, never ask to invest in bitcoin even though we have experience of large profits, instead say that investing in bitcoin is very risky because it can make money disappear in a short time. it's too dangerous if we recommend it and it turns out that our friends don't understand and only think about profit.
That clearly has its dangers if someone only thinks about profits and forgets about the risk of loss that can come at any time in the assets he is investing in. Recommendations are only as initial instructions for him that come from other people, and if he runs the investment only because someone orders him, while he still doesn't understand the techniques and things he needs to know. It would be very dangerous and even he would blame that person when he experienced a sudden loss.
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December 15, 2022, 05:47:14 PM
 #396

All we can do is recommend, never ask to invest in bitcoin even though we have experience of large profits, instead say that investing in bitcoin is very risky because it can make money disappear in a short time. it's too dangerous if we recommend it and it turns out that our friends don't understand and only think about profit.
That clearly has its dangers if someone only thinks about profits and forgets about the risk of loss that can come at any time in the assets he is investing in. Recommendations are only as initial instructions for him that come from other people, and if he runs the investment only because someone orders him, while he still doesn't understand the techniques and things he needs to know. It would be very dangerous and even he would blame that person when he experienced a sudden loss.

Initial introductions which he needed to learn the deeper part of the business, at first, it's your obligation to teach them after you introduce or recommend this business, I'm pretty sure that the first impressions coming from your friend after you tell them your success story is they also wanted to have the same journey.

Without guiding them, the process might turned to the otherside, most people who are new to crypto thinks that they can earn quick and the profits is huge.

A misconceptions that you can change when providing the right guides and patterns with your personal practices.

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December 15, 2022, 07:25:53 PM
 #397

All we can do is recommend, never ask to invest in bitcoin even though we have experience of large profits, instead say that investing in bitcoin is very risky because it can make money disappear in a short time. it's too dangerous if we recommend it and it turns out that our friends don't understand and only think about profit.
That clearly has its dangers if someone only thinks about profits and forgets about the risk of loss that can come at any time in the assets he is investing in. Recommendations are only as initial instructions for him that come from other people, and if he runs the investment only because someone orders him, while he still doesn't understand the techniques and things he needs to know. It would be very dangerous and even he would blame that person when he experienced a sudden loss.
When you do make out some introduction then it shouldn't really be focusing that much when it comes on how to make money with Bitcoin but rather should really be focusing when it comes into its utility which

it is really that worth when it comes to that.People are really way that too impulsive on emotion on the time that they are hearing off about on how to make money.If they are really that sticking and been

interested to that then we cant really blame them since it is really just been that part of human instinct and behavior.Thing that you should bare up on your mind is that
dont make someone do really been given the feeling of being assured when it comes to make money, avoid yourself on getting blamed once the market would be having
some bad times.

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December 15, 2022, 07:42:34 PM
 #398

Just educate first the people that you're talking to if they're interested to know more about bitcoin. Tell them the good things about bitcoin but don't forget to include the risks that someone will take if they ever decide to invest in bitcoin.
Obviously this is the best way to go about telling people about buying Bitcoin if you want any of friends to get involved , give them the education first in order for them to really understand what Bitcoin is and how it works, This was same way I got one of my friend interested to invest money into Bitcoin after has gotten the necessary info and proper knowledge about Bitcoin.

Avoid giving guarantees because that's where you're just making yourself in trouble because the person you're talking to might blame you later on if resuls didn't go according to what you've guaranteed.

Normally no guarantees when it comes to digital/cryptocurrency investment, everything is on trial method right now and you can only tell people about future expectation of Bitcoin base on historical data.

R


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December 15, 2022, 10:04:54 PM
 #399

Just educate first the people that you're talking to if they're interested to know more about bitcoin. Tell them the good things about bitcoin but don't forget to include the risks that someone will take if they ever decide to invest in bitcoin.
Obviously this is the best way to go about telling people about buying Bitcoin if you want any of friends to get involved , give them the education first in order for them to really understand what Bitcoin is and how it works, This was same way I got one of my friend interested to invest money into Bitcoin after has gotten the necessary info and proper knowledge about Bitcoin.
Yeah, the very first approach should be transparent and it's just all about sugar coating your words about bitcoin because that's not really good at all. Learn from the past and many have been introduced to bitcoin not knowing the risk they're taking.

Avoid giving guarantees because that's where you're just making yourself in trouble because the person you're talking to might blame you later on if resuls didn't go according to what you've guaranteed.
Normally no guarantees when it comes to digital/cryptocurrency investment, everything is on trial method right now and you can only tell people about future expectation of Bitcoin base on historical data.
There are different approach for which they tell that after buying bitcoin, they'll earn in an instant or they'll say some amazing and encouraging words. We don't do that, we give facts and if they'll believe on it then the should do.

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December 16, 2022, 01:46:39 AM
 #400

I have recommended Bitcoin since a few years ago, at that time because for Bitcoin earnings is very easy for example by joining the giveaway, survey, faucets and so on, then the earnings are used for investments such as cloud mining and so on, I also recommend buying when the price is red price , some are successful and some fail or lose money, of course I always say that bitcoin is a very risky thing.


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December 16, 2022, 02:17:50 PM
 #401

Indeed, giving financial advice to someone is really not easy and shouldn't even be because we are not them, we don't know what they're thinking and what they want, are they willing to take the risk or not...a lot to talk about. I will do the same as you two, give them knowledge and let them decide for themselves whether to invest. Investing in bitcoin is very risky, even if we are not sure we can make a profit, we cannot give arbitrary advice.
It's like that, if I recommend too much to others, I feel I have interfered in their financial affairs. And when it's like that, surely we will be blamed in the future if unwanted things happen.
As I said before, once they fully understand the bitcoin space it will be on their own to get into it. Bitcoin is not forced, but they are free to make their own decisions. Likewise with me, at first I wasn't even recommended at all, but they introduced me to this, and now I am voluntarily in this space.

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December 17, 2022, 07:36:06 AM
 #402

We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin, of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.
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December 17, 2022, 09:32:45 AM
 #403

We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin, of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.
I agree with you, and the problem about crypto recommendations is people are quick to take information about making money from buying and hodling the coins because that's what they want to hear but never show interest to take into account the risks and retainer duration before the investment pays back.
It's high time potential investors big or small are told that crypto isn't free money, it has to play to the gallery of supply and demand to achieve its potential.

R


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December 17, 2022, 10:32:43 AM
 #404

We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin
There is no need to recommend because bitcoin has provided evidence, beginners only need to understand the qualifications of the investment picture, the power of bitcoin and the value of investing in it, so they are not fixated on any conditions in the journey of bitcoin. Some beginners don't understand the basics which keeps them stuck with promised profits.

Quote
of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.
Even though bitcoin has been proven to be a promising investment asset and is able to maintain value, of course beginners need some knowledge before trying to invest, because providing guarantees and profit descriptions can not only provide knowledge for them, so that when the market declines they will experience panic and do something to his detriment.

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December 17, 2022, 07:43:38 PM
 #405

We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin, of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.
Then why don't you tell people who don't know about the benefits that can also be obtained through Bitcoin? Do you feel uneasy when newbies are able to profit through Bitcoin in a short amount of time or do you just want to keep them (Newbies) away from Bitcoin which they should be familiar with before getting to know more shitcoins or other altcoins on the market?

Logically if there are more and more people who want to introduce Bitcoin to the masses over time, the better for them and for Bitcoin too. Because the description that must be given must also be balanced where the advantages and disadvantages must be explained in full so that those who are just getting to know Bitcoin can take their own attitudes and risks after understanding how it works

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December 19, 2022, 08:44:13 PM
 #406

We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin, of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.

You need to provide different factors after you recommend, yes, it's good to give idea regarding to this industry as the chance of making
money is possible, but you also need to make sure that you provide detailed information.

The most common mistake from the newbie is they are here trying to make money in short period of time, thinking that they can
have that luck investing with bitcoin.

Without the right knowledge they will suffer and end up losing their investment if you will not give them the proper information
that they need.
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December 19, 2022, 10:11:03 PM
 #407

Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
If you take directly from the board or Bitcoin which is the chat you will see that Bitcoin has not been rising anything what bitcoin is experiencing man is falling I have which I believe that it will still be in this state until we enter next year 2023 and let us expect 4 bitcoin increment in 2024 because with this method or bitcoin rising and falling I think it will still affect 2023

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December 19, 2022, 10:36:11 PM
 #408

there are people in this world that you may think you are doing good for them and in the end they will hate you, for example you can recommend them to buy bitcoin now, they can take 100$ and buy bitcoin, but these people will already be waiting that they will have 400$ in a short time and that later they will withdraw that money to buy alcohol, time starts to pass and they are not seeing bitcoin rising, so they start to get irritated and hate you because that 100$ was the money that they would use it to buy alcoholic beverages

after a while they started showing up at your house to blame you for having made them take the 100$ and buy bitcoin, you could have hellish days because they are accusing you of having lied to them, so my advice: don't talk encourage nobody buying bitcoin, nowadays there is google, tv, youtube and they alone can know everything about bitcoin

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December 20, 2022, 04:25:13 AM
 #409

We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin, of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.

Cryptocurrencies are generally volatile in nature. So proper timing for the investment is not quite an easy task. However, there are some moments when the investment environment is relatively more favorable than others.

With any other investment, cryptocurrency buyers should be aware of their risk tolerance and market conditions.

A world is often heard that the best time to buy cryptocurrency whenever you are ready to start investing. You should not invest more than the amount you are willing to lose. And should remember the rule of dollar-cost averaging. The price per Bitcoin is now $16720 which was 69000 last year. It is down about 75 percent from that position. Moreover, the bullish trend of Bitcoin is usually seen towards the end of every year. Bitcoin has been bearish for almost too long and now seems to be the perfect time to turn bullish. Considering the above factors we can recommend our friends or acquaintances to invest in Bitcoin.

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December 20, 2022, 04:35:02 AM
 #410

Remember, recommending to friends or family is a good thing, but always say that investment in Bitcoin is at high risk, never invite or encourage to buy, most people if profit will be silent but when loss will talk a lot and blame, I have ever experienced it , when introducing Bitcoin to friends and he invest around $ 4500 then in 2 months loses more than 20% he always blames me and thinks that I am not responsible.



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December 20, 2022, 11:59:23 AM
 #411


Cryptocurrencies are generally volatile in nature. So proper timing for the investment is not quite an easy task. However, there are some moments when the investment environment is relatively more favorable than others.

With any other investment, cryptocurrency buyers should be aware of their risk tolerance and market conditions.

A world is often heard that the best time to buy cryptocurrency whenever you are ready to start investing. You should not invest more than the amount you are willing to lose. And should remember the rule of dollar-cost averaging. The price per Bitcoin is now $16720 which was 69000 last year. It is down about 75 percent from that position. Moreover, the bullish trend of Bitcoin is usually seen towards the end of every year. Bitcoin has been bearish for almost too long and now seems to be the perfect time to turn bullish. Considering the above factors we can recommend our friends or acquaintances to invest in Bitcoin.

If a friend do have an investor mindset and capable to extend their trust after your recommendation, chances of making good success is possible, yes it's true that timing is very important, but it's also needed of good adjustments since the market is volatile, allowing them to explore and understand first how things may favor them and what are the factors that they needed to understand before jumping inside the business.

With such ideas, they can develop good anticipations and they can prepare if how they will adjust to every situation that they might
encounter while inside the market.

The first knowledge is from you, but the enhancement of that idea always depends on how they will adopt and how hungry they
are to succeed.

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December 20, 2022, 12:30:17 PM
 #412

Remember, recommending to friends or family is a good thing, but always say that investment in Bitcoin is at high risk, never invite or encourage to buy, most people if profit will be silent but when loss will talk a lot and blame, I have ever experienced it , when introducing Bitcoin to friends and he invest around $ 4500 then in 2 months loses more than 20% he always blames me and thinks that I am not responsible.
I don't think anyone should be advised to buy bitcoin or stocks or gold or anything else. In that case, no one will blame you for the failures. After all, if something goes wrong, you will be blamed if your friend or relative loses money. In fact, why would you recommend anyone anything? If you are so sure that you are right, buy bitcoin and prove it by deed, not by advice.

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December 20, 2022, 02:01:35 PM
 #413

Since I got to know bitcoin around 2014 ago and at that time it was very easy to earn bitcoin from giveaways, surveys, faucets and so on I always introduced bitcoin via Facebook, there were those who followed and many underestimated, when the price skyrocketed in 2017 many people very happy because I can buy the latest android.

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December 20, 2022, 11:36:47 PM
 #414

Since I got to know bitcoin around 2014 ago and at that time it was very easy to earn bitcoin from giveaways, surveys, faucets and so on I always introduced bitcoin via Facebook, there were those who followed and many underestimated, when the price skyrocketed in 2017 many people very happy because I can buy the latest android.
It is part of your experience in the journey to know Bitcoin. Because if you remember people who underestimate Bitcoin, let alone in the past but still exist today even though they have been able to read more about Bitcoin from several online media. If in the past many underestimated Bitcoin, I think it is still in the reasonable category because maybe they just heard about it from you and didn't immediately find out more about Bitcoin on the internet and didn't fully want to ask other people who already know how Bitcoin is.

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