Can I recommend a friend to buy Bitcoin now?

[19Nov16]

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.

[arufox]

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]

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.

[Pujangga]

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.

[GTR Crypt]

Price up : 20 159,15EUR +571,69 (2,92 %) for 5 days

[Pejoh Asu]

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.

[cabron]

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.

[Wong Gendheng]

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.

[Rockstarguy]

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.

[Mario Yamasaki]

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..

[bakasabo]

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.

[fzkto]

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.

[bitzizzix]

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.

[milewilda]

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.

[savetheFORUM]

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.

[lucates]

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.

[arimamib]

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.

[Reatim]

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.

[carlisle1]

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.

[Sang Prabu]

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.