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Author Topic: Can I recommend a friend to buy Bitcoin now?  (Read 4160 times)
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


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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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Lubang Bawah
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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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batang_bitcoin
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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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