Can I recommend a friend to buy Bitcoin now?

[ene1980]

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.

[carlfebz2]

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.

[tippytoes]

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.

[BuNga_cute]

~

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.

[AliMan]

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.

[ultrloa]

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.

[Lanatsa]

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.

[Xinarae*]

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.

[rodskee]

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 .

[GreatArkansas]

(....)
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.

[Reid]

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.

[irsada]

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.

[ancafe]

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.

[Obito]

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.

[aoluain]

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 .

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.

[Imran232]

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.

[Mahanton]

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.

[uneng]

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.

[Boov]

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.

[Oceat]

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.