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Author Topic: If someone you introduced to BTC says the risks of her funds is on you  (Read 944 times)
Lantind
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May 26, 2024, 04:31:46 PM
 #141

yeah, that's something that happens often. A person will blame other people for inviting him to do this when he suffers a loss. That's ridiculous when you explain how risky he can get when investing in bitcoin. Therefore, don't invite him to invest, but educate him about Bitcoin, and let him make decisions based on his own thoughts. This is done to avoid things like that.
People so easily blame others when they suffer losses, and ask for the losses they receive. However, when he makes a profit, he is just grateful, and maybe just gives a little money to the person who invited him. That's not fair.
Before teaching them about this asset, it's best to tell them from the start
information as detailed as possible about the risks involved, we should never invite them to invest, let them make their own decisions. We should not be involved in their decision to invest, if they are not ready for all the risks, I think that's enough for us to provide the information. If they are ready to take all the risks they themselves will take, then we take the next step to guide them to the buyer or put them in a safe wallet. From the information I mentioned above they can't tell us if something happens to their investment. That is the importance of information at the beginning when telling it.
Telling them about the risks of investing in Bitcoin is of course very important and they can think for themselves whether they want to try it or not. We can return this to each of them, forcing someone to invest in Bitcoin is of course very wrong and would indeed be better they themselves decide this and no one else decides whether they should try to invest or not and if they want to invest of course they have to learn first a little understanding about Bitcoin then they can try to invest and for those who are just starting out of course they have to be able to try keep studying it so that they really understand it well.

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May 26, 2024, 05:03:51 PM
 #142

Don't think it is best idea to give financial advice to your friends and relatives
If that's not the best idea, then what's the best way to introduce Bitcoin to them?

When you want to give financial advice to friends and relatives, you have to be ready for any response from them, your job is only to invite them to invest in Bitcoin, the rest is their decision whether they want to invest or not. A person's interest in investing in Bitcoin usually arises after one of their relatives gets results from the investment. You can invite him if he has shown interest in Bitcoin.

It needs to be underlined, you must tell all the risks that might occur in investing to those who still have very limited knowledge about Bitcoin investment so that you are not blamed or asked to bear the risk of losing their funds. Bitcoin investment not only has funds and knowledge, Mental readiness and patience are also determining factors in success when investing.

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May 27, 2024, 07:25:08 AM
 #143

 Well these are the kinds of people that will want to look for people to blame for their losses. I remember reading a reply in the first page that says "only if she shares her profits equally with me".. Grin that's a really hilarious suggestion but it's true. You only introduced her to it and never forced it on her so making such a statement just shows she's not ready. Just like every other investment that has its risks, Bitcoin is one of them or is this how she puts ultimatums on other investments.
Bro, I won't do anything if I were you because for starters, she won't invest with a huge amount seeing as she's so skeptical about the turnout and second, that statement she made is like forcing you to take responsibility for her decisions.
 Over time we've come to understand that Bitcoin knowledge is not for everyone but that doesn't mean we won't do our parts by spreading the information even when there are people who prefer to stick with the idea that it's a scam project or a waste of money and time.

R


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May 27, 2024, 08:00:13 AM
 #144

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.

Basically one thing you most understanding is that in as much as Bitcoin is one of the best investment doesn't necessarily mean that everybody most venture into it because one of the things I realized about most people is that sometimes we could be feeling that we are helping someone by introducing him or her into something that will be of a beneficial to him in the future but we could be surprise with how everything will turn on us if it doesn't go according to the way they presume it, perhaps that's one of the reason is better if they are actually the one that come to you for a guideline in other for them to invest on Bitcoin.

So actually for me I will strongly advised you to leave the woman because she is not ready to become an investors yet, however is quite surprising that most people always want to find the easiest way of making money on Bitcoin without wanting to know the risk involves on investment, so I think for your own good it will be best if you would allow her to do it herself because in a case like that if you decide to continue with her it could happen that one   the process she was not able to see something tangible she could be discouraged and ask you to withdraw her money back and if on the process the price has gone against her that means she will hold you responsible, so to avoid those things is better you focus on your own investment.

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