Sorry I always got respect for you but this is the stupidest thing I ever heard?
Yes if you got a insecure family maybe? Or you tell it to your 12 year old young brother? Then maybe you're right.
But if that's not the case and you don't you lie to them and say its 100% profitable and you put it on the table and say the risks in a honest way tell them how to get their own wallet, and store their seed phrase's. then it's a perfect idea. Give a tip of invest that worked for you to your family is not bad, start a business with your family may be a terrible idea. But it's two different things. Responsibility? But your opinion and I respect it.
When it comes to money, no one cares whether you're my friend, my sibling, my brother etc. Money is money, no one want to lost it.
If you think 12 old person is still young and it make sense for someone to hold Bitcoin for him, why he need to rush to invest in Bitcoin when he's not ready to hold by himself?
The problem isn't about you've taught them if Bitcoin has no 100% guarantee will profitable etc etc, but there are many stupid people who forget with everything what you've said because they always think investment = profitable.
I think we all understand that nobody want to lose money. That can we all 8 billion people on int the world agree on.
I don't THINK a person should hold Bitcoin for 12 year old person. That's was my point.
But also if you got children and want to save up money until they turn 18 it's up to you how you want to do it, maybe somebody just want to put 100€ on a savings account each month or somebody put 100€ into crypto. That's up to the individual. What would I do? No idea because I don't have kids, but I would probably mix it up.
But I am speaking about advice's to
adults and If it's stupid to give ideas of investment to friends/family because they will blame you if they lose the money then you're friends ans family is mentally 12 years old IMO. That's my point.
We are adults and got responsibility as I said I told my father to invest in Bitcoin. I told him about the risk and what was the best option for him since he never trade, just let them coins grow and it worked perfect and gave us a closer connection but that does not mean it work for others, but responsibility and research is key my friend that nobody want to want to know about here.
Of course if you said to your friend "Invest all you got in this meme coin" and they do and they lose they will blame you with all right but nobody will and should do that, but come on this is ridiculous saying invest in Bitcoin to a family member and talk about it first is stupid?
and often people say this is people that been knowing about BTC for long time but didn't dare to buy 10 years ago, so I would not listen to these people that don't even did dare to risk at that point. They only looking for 99.99% investments. Booring.
To my point: I respect everyone's opinions, but these
"They will blame you if they lose money" is just weak minded people that can't take responsibility for their own actions and should work on their mentally strength, for me I never heard something like that and I would never do like that if I got investment ideas I would do research and invest or not invest based on the research.
but there are many stupid people who forget with everything what you've said because they always think investment = profitable.
I don't know what you got for friends and family but I have not meet people like that in my life.
Have a good Sunday mate and sorry if my first post was unclear.
If they want to invest in bitcoin they should do it on their own. You can teach them how everything works. They shouldn't combine their money with yours. If you accept to combine their money with yours and invest in bitcoin, they will be calling you every now and then requesting for the state of things. It will get to a time you won't have rest because of their disturbance. Share your knowledge in bitcoin with them and let them start from there if they want to invest their money. Let their wallet and everything be with them.
Yes 100% obvious. Of course.
