If someone you introduced to BTC says the risks of her funds is on you

[Alone055]

So I recommended Bitcoin to her

You shouldn't have done that. You are not supposed to suggest Bitcoin or cryptocurrency investments to someone asking you for financial advise because even if they don't say it, they will blame you if they experience losses in their investments that they have made after your recommendations even if they didn't invest in the same asset you referred to.

You can imagine that she told me to give her my words that if anything happens to her funds if invested that I will have to refund her. 😏. That was silly and I felt mad at her.

What else could you expect from someone who believes only in centralized systems?

And right then I clearly told her that I am not trying to introduce her to any of the Ponzi schemes so it is her choice to decide but all I can tell you(her) lastly about this is that your funds will be secured as long you (she) would stick to the terms I have explained to her after explaining the Pros and the Cons to her.

Why would you tell her that her funds will be secured if she sticks to the terms you have explained? And I'm curious to know what terms you explained to her because you clearly don't know what will happen to Bitcoin or any other cryptocurrency in the future, you or anyone else can't even know what will happen tomorrow, so how can you say that her funds will be secured? Whether we accept it or not, Bitcoin investments do carry risks as well.

[1715121467]

1715121467

[darkangel11]

Dear fellas, please I needed to know how you would feel if you were in my position basically where she said I would refund her if her funds gets lost becasue you recommended and introduced her to the system.

I'd tell her to forget what I said and that I'm not going to even help her invest from now on. She's clueless about investments and thinks she can blame her own mistakes on other people.
It's not even about bitcoin because if she told me the same thing about a fiat investment or a fiat purchase, I would have done the same thing.
Think about it for a second. Your neighbor asks you for advice about a car she wants to buy, so you offer to go with her and examine it. You know more about cars so maybe you'll spot something she wouldn't be able to. Then she says that since you're there, you're to take responsibility for any damages that might appear after the buy. Don't know about you, but I'd run and leave her there.

[Moreno233]

Dear fellas, please I needed to know how you would feel if you were in my position basically where she said I would refund her if her funds gets lost becasue you recommended and introduced her to the system.

If and only if she accepts that if she gains, I will take all the profit.

It can even be 50:50. I mean if she lose, I will give her 50% of her loss back but if she make profit she will give me 50% of her profit.

But what I have told people that say something like this is that they should not invest if they can not take the risk.

This is the right thing to do and I just realized I would have used this option for some people who also displayed the character explained by the OP. I realize some people do not just want to take any form of responsibility whenever the perceive risk in the investment. Someone have actually told me bluntly that if anything goes south if I will be ready to refund him his money just because I encouraged him to buy Bitcoin. I was not comfortable with such statement so I had to excuse myself. If I had known this, I would have tabled this condition and convince him it will be an investment of at least 5 years, that would have made a very good business for us.

[Ale88]

You can imagine that she told me to give her my words that if anything happens to her funds if invested that I will have to refund her. 😏. That was silly and I felt mad at her.
And right then I clearly told her that I am not trying to introduce her to any of the Ponzi schemes so it is her choice to decide but all I can tell you(her) lastly about this is that your funds will be secured as long you (she) would stick to the terms I have explained to her after explaining the Pros and the Cons to her.

Dear fellas, please I needed to know how you would feel if you were in my position basically where she said I would refund her if her funds gets lost becasue you recommended and introduced her to the system.

Does your neighbor have any kind of mental disease? And I'm asking seriously because I have never heard of anyone asking someone like a neighbor, so not even a certified financial advisor, for financial advices and then tell them that if they don't make money they need to pay for their losses. So if she makes money she keeps the gains and if she loses money you need to reimburse her? I don't know what type of relationship you have with this neighbor but if I were you I would absolutely stay away from her, next thing maybe she'll ask you to help her with something and then find an excuse to sue you. Someone who acts like that could be very dangerous.

[Viscore]

Dear fellas, please I needed to know how you would feel if you were in my position basically where she said I would refund her if her funds gets lost becasue you recommended and introduced her to the system.

Don't introduce anybody to invest in Bitcoin or any other business without informing them about the risk involved. You don't also give anybody a guarantee that their funds are safe and it will also yield profit. Recently there have been cases of government attacking decentralization including wallets. Nobody knows the next wallet that might be seized by the government.

We cannot also erase the fact that scammers and hackers are still on a rampage in the crypto industry. There is also no certainty that she would make a profit from her investment because Bitcoin price is unpredictable. She sounded as if she was doing you a favor or her Investment will also benefit you financially. If I were in your shoes, she would get no assurance from me.

Exactly my point. I would not let anybody invest in bitcoin and expect that she will eventually gain profits after a short time, that won’t work with bitcoin. Bitcoin is a long term investment and is highly volatile, so it’s own price will always be unpredictable that anyone who wishes to make quick profits will always end up disappointed. And with that, I will be straightforward to her and tell her not to invest in bitcoin if she is not ready to lose, as anyone who’ll invest with bitcoin will surely lose at some point.

[serjent05]

Dear fellas, please I needed to know how you would feel if you were in my position basically where she said I would refund her if her funds gets lost becasue you recommended and introduced her to the system.

You can always tell her not to invest if she doubts the suggested Bitcoin investment.  There is no need for you to push or force her to invest in Bitcoin just to prove your explanation correct.  If I am in your situation, I will discourage her to invest since she is half-hearted and I don't want to be blamed when something unexpected happens to her investment.

It is a good thing to share information and opportunities about Bitcoin investment but if the interested party wants us to refund his investment if something wrong happens, it is better to just discourage the person than put ourselves in an awkward situation.

We are not paid nor we get a commission if we introduce Bitcoin to our friends, it would be unfair to us if they got interested and wanted us to take responsibility if their investment does not go their way after we had explained the risk involved in the investment.  Better to avoid introducing Bitcoin investment opportunities to these kinds of people, it will only bring headaches.

[Zoomic]

You can imagine that she told me to give her my words that if anything happens to her funds if invested that I will have to refund her. 😏. That was silly and I felt mad at her.
And right then I clearly told her that I am not trying to introduce her to any of the Ponzi schemes so it is her choice to decide but all I can tell you(her) lastly about this is that your funds will be secured as long you (she) would stick to the terms I have explained to her after explaining the Pros and the Cons to her.

Dear fellas, please I needed to know how you would feel if you were in my position basically where she said I would refund her if her funds gets lost becasue you recommended and introduced her to the system.

Does your neighbor have any kind of mental disease? And I'm asking seriously because I have never heard of anyone asking someone like a neighbor, so not even a certified financial advisor, for financial advices and then tell them that if they don't make money they need to pay for their losses. So if she makes money she keeps the gains and if she loses money you need to reimburse her? I don't know what type of relationship you have with this neighbor but if I were you I would absolutely stay away from her, next thing maybe she'll ask you to help her with something and then find an excuse to sue you. Someone who acts like that could be very dangerous.

Many are just too lazy to take risks yet they want to enjoy the benefits risk takers enjoy. People like this are just selfish and should not be given any attention,  talk less of giving then financial advice. It is even better she stated her intentions on time, thereby saving the OP from future harassment assuming she didn't make any profit from her bitcoin investment.

Bitcoin over the years has changed lots of lives and those who are willing to take the risks are cashing out and enjoying other benefits that comes with it. Stories like this are the reasons i do not bother convincing anyone to invest in Bitcoin. Bitcoin investment is no longer hidden, if they make up their minds to join the moving train, I will only guide them on how to go about it.

[Slow death]

In my case, I avoid giving investment advice. but supposing that someone would come to me to give them some investment advice and I was in a very good mood that day and was talking to them about bitcoin, then I would advise him or her to go and research more about bitcoin and only invest money that can be afford to lose. I would not accept a person holding me responsible for any losses they would incur because before they bought, I would be clear and honest with them when warning them of the risk of losing money and the volatility of the market. I would also warn her not to put money in that she could not afford to lose and would warn her to do long-term hodl so that she could make a profit

One of the biggest problems I've seen is that a lot of people keep telling other people to do x or z thing and aren't honest about the risks. They fail to warn appropriately so that the person who wants to buy cryptocurrencies understands the high risk involved, how to protect themselves from the high risk and, above all, they fail to warn that one should not invest money that the person knows they should not lose. Anyone over 18 is responsible for themselves, so it doesn't make sense to blame other people for your mistakes. no one forced you to invest in bitcoin

[Kristiyana]

This was the mean reason why I don't like telling people about bitcoin investment, except they seek for advice from me, first I will tell you the risk that is involve if you can bare the risk alone, but if you can't bare the risk then I will advice you let go of it. However if you want to be successful in life you need to take risk, most of the wealthy people you see today they have stories to tell about how they started there journey and also the risk they took. what I'm saying in essence is that you have to face your risk alone the only thing you should think about is how you can deal with it, that's if you really want  your future to be a better one.

[Marvelman]

This was the mean reason why I don't like telling people about bitcoin investment, except they seek for advice from me, first I will tell you the risk that is involve if you can bare the risk alone, but if you can't bare the risk then I will advice you let go of it. However if you want to be successful in life you need to take risk, most of the wealthy people you see today they have stories to tell about how they started there journey and also the risk they took. what I'm saying in essence is that you have to face your risk alone the only thing you should think about is how you can deal with it, that's if you really want  your future to be a better one.

I feel you on that.  I only talk crypto if someone's actually interested in learning, not just trying to make a quick buck.  But here's my take I share: Risk comes with any investment, but that don't mean you gotta gamble.  If you put in the time studying how Bitcoin works, get to know the market moves and have a plan going in, you can handle the risks way better. 

Taking calculated risks - thats how peeps get ahead in Bitcoin or anything else.  It ain't about jumping in blind and  it's taking the time to learn all you can first and being ready for whatever comes.

[ArumiBTC]

This was the mean reason why I don't like telling people about bitcoin investment, except they seek for advice from me, first I will tell you the risk that is involve if you can bare the risk alone, but if you can't bare the risk then I will advice you let go of it. However if you want to be successful in life you need to take risk, most of the wealthy people you see today they have stories to tell about how they started there journey and also the risk they took. what I'm saying in essence is that you have to face your risk alone the only thing you should think about is how you can deal with it, that's if you really want  your future to be a better one.

  I'm here to support you. I've been actively learning about BTC for less than 6 months, and while I recognize its potential, I sense that there are still barriers in place when it comes to BTC. The individuals I typically engage with have experienced setbacks with Luna Crash and FTX."

[angrybirdy]

Bitcoin can not afford to reprogram its potentials values of being a non-custodial currencies hence it is a technological development created by an initiative individual who is known to be Satoshi Nakamoto.

It is a financial system initiated without any sector of the government contributing to the structure neither being slated with any form of authority role in the system of the digital financial system as Bitcoin.
And on no account would the potentialities and nature of Bitcoin would be flexible to be reformed such as to be centralized in other to justify the mistrusts of the people who are in doubt of it with the facts that Satoshi Nakamoto has remained unknown and yet the digital currency is non-custodian.

I made this expressions because just in, a neighbor is f man who has been in good terms in a while now with me  asked if I can recommend him to any way she can Invest, have her funds secured and as much make profits.
So I recommended Bitcoin to her which she acknowledged that she knows a little about it but her fear is that it is not a centralized technology and for that she has always felt insecured on the development.

You can imagine that she told me to give her my words that if anything happens to her funds if invested that I will have to refund her. 😏. That was silly and I felt mad at her.
And right then I clearly told her that I am not trying to introduce her to any of the Ponzi schemes so it is her choice to decide but all I can tell you(her) lastly about this is that your funds will be secured as long you (she) would stick to the terms I have explained to her after explaining the Pros and the Cons to her.

Dear fellas, please I needed to know how you would feel if you were in my position basically where she said I would refund her if her funds gets lost becasue you recommended and introduced her to the system.

first things first, your friend was the first to ask you where to invest, you weren't the first one to insist or force her  to invest, right? It seems that you only suggested because she asked, so you should have no liability if there is ever a problem with the money she invest because it is her choice, that's why we always say that investment is risky and before we enter into something especially if there's money involve, we should have studied even if we say we know someone who knows everything about bitcoin. If you feel angry or upset because of what she said, that is valid because in the first place, you just gave a suggestion and then you will be given responsibility once her investment failed which is very wrong.

[Apocollapse]

It's fine if I being responsible with the loss, but if I made profit from her funds, 95% of the profit goes to me while she only receive 10%.

It's nothing different like taking out a loan to trade, actually this is better because I don't have to refund on time and there's no interest rate.

But if I need to being responsible with the loss and I earn nothing when my prediction corrects, that's completely dumb.

Don't tell or teach people about Bitcoin or investment, they will ask you to do for them.

[fuguebtc]

It's fine if I being responsible with the loss, but if I made profit from her funds, 95% of the profit goes to me while she only receive 10%.

It's nothing different like taking out a loan to trade, actually this is better because I don't have to refund on time and there's no interest rate.

But if I need to being responsible with the loss and I earn nothing when my prediction corrects, that's completely dumb.

Don't tell or teach people about Bitcoin or investment, they will ask you to do for them.

The best way is to never give advice or recommend bitcoin investment to anyone to avoid unnecessary trouble . If someone really wants to invest in bitcoin , just provide them with the necessary documents and let them decide for themselves . Never give advice because we will not get anything from it but the possibility that we will be blamed is very high .

Human nature is like that, greedy and likes to make profits but does not want risks to happen to them . With these types of people, don't waste our time on them , instead focus on your own investments .

[btc78]

The best way is to never give advice or recommend bitcoin investment to anyone to avoid unnecessary trouble

I sometimes think it’s a little too selfish if I just keep this amazing investment to myself but then again it is not really my responsibility to share bitcoin to everyone. To also avoid a lot of questions I just tend to bottle it up and not tell anyone.

If someone really wants to invest in bitcoin , just provide them with the necessary documents and let them decide for themselves .

Probably the only way I will be teaching anyone about bitcoin is if they have an idea about it already and just want to learn more.

[Alone055]

One of the biggest problems I've seen is that a lot of people keep telling other people to do x or z thing and aren't honest about the risks. They fail to warn appropriately so that the person who wants to buy cryptocurrencies understands the high risk involved, how to protect themselves from the high risk and, above all, they fail to warn that one should not invest money that the person knows they should not lose. Anyone over 18 is responsible for themselves, so it doesn't make sense to blame other people for your mistakes. no one forced you to invest in bitcoin

That's a harsh reality and I have witnessed that as well. People often get too excited after getting some profit from their investments in cryptocurrencies and they can't contain that excitement and eventually let others know about it and even suggest them to do the same thing. We know how intriguing it can be when someone close to us tells us about how they got success in an investment and that we should do the same. This is the reason why people do it without much hesitance.

What's unfortunate is the person suggesting cryptocurrency investments to others don't make things very clear to them, letting them know about the potential profits one can get while not mentioning about the risks involved, and those who are receiving the suggestion doesn't do research as well, and what happens is they make investments blindly and incur losses due to a lack of knowledge about the market and its movements.

[Z-tight]

Dear fellas, please I needed to know how you would feel if you were in my position basically where she said I would refund her if her funds gets lost becasue you recommended and introduced her to the system.

I do not give people investment advice about BTC, it is not right to tell people to invest their money in BTC. Tell them what BTC is, and that is a p2p electronic cash that is permissionless, if they are interested in it, they will later find out about its volatility and decide for themselves if they want to 'invest' in it or not, but if you just start telling people that they can make money from BTC, they are surely going to blame you if anything happens, even if they don't tell you like this your friend did.

[ChiBitCTy]

This is kind of a funny time seeing this thread as I’ve been making a massive external hard drive archive of everything in my life that I’ve saved from jpegs to audio files to video files etc and one thing I recently came across was a screen shot of a buddy saying he sent my NBA betting picks to a friend and that “I better have gotten them right” lol. To this day I don’t know if he was joking or not, but this kind of stuff is never on you, and it’s silly anyone would every try and hold someone else accountable in a circumstance of educating or telling someone about bitcoin.

[tottong]

I made this expressions because just in, a neighbor is f man who has been in good terms in a while now with me  asked if I can recommend him to any way she can Invest, have her funds secured and as much make profits.

Just to give a view may be more than enough and he can learn to understand how to invest correctly.
People are only tempted by what we convey but they are unable to learn the process.
When you intend to provide knowledge about Bitcoin to others, there is a moral responsibility to ensure they do not get a loss. If you are not ready with that then don't do it because at certain times you will be blamed for they own mistakes.

So I recommended Bitcoin to her which she acknowledged that she knows a little about it but her fear is that it is not a centralized technology and for that she has always felt insecured on the development.

That is why you don't need to recommend Bitcoin for others and they must decide to be involved yourself or not.
If according to him bitcoin is not a freedom then he can choose another path and you also have to say there is a level of risk that needs to be at stake when running it.

[bitterguy28]

Dear fellas, please I needed to know how you would feel if you were in my position basically where she said I would refund her if her funds gets lost becasue you recommended and introduced her to the system.

Have you put a Gun on her to invest in crypto? you only introduced this system to her meaning its own desire that will deal in this not unless you promised her a heaven and earth if investing .

sometimes people are too greedy to make sure they will only earn but never to lose and please refrain from dealing in those kind of people because they are completely a negative one.