rhodelmabanal
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August 03, 2021, 09:00:44 AM |
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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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MiF
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August 04, 2021, 05:57:37 AM |
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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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Renampun
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August 04, 2021, 07:12:34 AM |
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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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LogitechMouse
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August 04, 2021, 01:12:57 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) . 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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asrinur
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August 06, 2021, 01:25:45 PM |
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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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zanezane
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August 06, 2021, 05:00:06 PM |
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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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sapnu
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August 06, 2021, 05:52:44 PM |
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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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sana54210
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August 06, 2021, 08:18:59 PM |
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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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Quidat
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August 06, 2021, 10:22:17 PM |
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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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Saisher
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August 06, 2021, 10:40:17 PM |
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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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Luqman
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August 06, 2021, 11:48:31 PM |
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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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Ebede
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Join hands and help me to grow everybody...
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August 08, 2021, 12:57:42 PM |
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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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Rasa nanas
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August 08, 2021, 04:43:02 PM |
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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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mamesso
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August 08, 2021, 06:11:51 PM |
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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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South Park
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August 08, 2021, 09:42:40 PM |
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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 |
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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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Evgenklm
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August 17, 2021, 07:40:10 PM |
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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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Fatunad
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August 17, 2021, 10:45:53 PM |
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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.
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BobK71
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August 18, 2021, 03:51:44 AM |
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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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smyslov
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2021, 09:25:07 AM |
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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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