Can I recommend a friend to buy Bitcoin now?

[Fesatmas]

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.

[Sir Legend]

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.

[Woodie]

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.

[MarjorieZimmermanGinger]

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.

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.

[bestcoins1]

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

[carlisle1]

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.

[Newlifebtc]

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

[Slow death]

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

[GigaBit]

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.

[Lubang Bawah]

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.

[Fredomago]

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.

[fzkto]

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.

[Semar Mesem]

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.

[iamsange]

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.