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Author Topic: What should you know before recommending Bitcoin to a friend?  (Read 2332 times)
Pablo-wood
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February 16, 2026, 08:26:56 AM
 #221

First recommending any investor the recommendee really be granded in knowledge in all aspects as well shadow responsibility of lost out of its way because the danger is enormous because if the both parties is not in agreement or having required knowledge the person who recommended will fully be in problem because the market can't be easily prediction the way many things, the risking recommending investor when the market is against them is not worth taking, provided the investor has what it takes to invest the recommendee must let him know the risk and his to bear it if any lost.
Being knowledgeable is an advantage but will the recommender be ready to take responsibility if the recommended fellow refuses to do any research, all they do is take the word of the recommender and swing into action. Just had someone without adequate knowledge will face serious problems if things goes negative is the same way someone who is well grounded in knowledge will face serious issues if those they recommended into investing fails to do their own research. Bitcoin investment is a research based investment project. Before recommending someone I take my time to understand how willing they are to take full responsibility for any action they will take.

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Noobguy
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February 16, 2026, 09:40:46 AM
 #222

What I've seen and learned is that Bitcoin is-

Patience is everything
 Prices fluctuate significantly (volatility is normal, as seen in the recent dips following the 2025 highs). If you panic sell when it's down, you miss the long-term gains. HODL through cycles if you believe in it.

Mentality shift
Treat it like building savings over the years, not a lottery. Early believers who became wealthy were patient and took risks early — now it's about discipline and education more than luck.

Stay updated and keep learning
Don't just buy and forget. Read about how Bitcoin works (whitepaper, basics on bitcoin.org), follow real news (not hype tweets), and understand on-chain stuff a bit. New things come up all the time — protocols, halvings, adoption — so always be ready to learn something new.

No guarantees
Nobody knows what happens next. It can moon, it can crash hard. Only invest what you can afford to lose, start small, and maybe DCA (buy a fixed amount regularly) to avoid timing stress.

Even I'm still learning  Roll Eyes

Ronsbit
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February 16, 2026, 09:47:28 AM
 #223

Being knowledgeable is an advantage but will the recommender be ready to take responsibility if the recommended fellow refuses to do any research, all they do is take the word of the recommender and swing into action. Just had someone without adequate knowledge will face serious problems if things goes negative is the same way someone who is well grounded in knowledge will face serious issues if those they recommended into investing fails to do their own research. Bitcoin investment is a research based investment project. Before recommending someone I take my time to understand how willing they are to take full responsibility for any action they will take.

When recommending a technology or innovation, such as Bitcoin, to somebody who is not familiar with the system, it is pertinent that you take out your time to see through their zeal and passion to learn about it first because that is the first conviction that would assure and guarantee your recommendations for them. If that zeal is there, then you can say you would not face any challenge, but if not you definitely will if you do not properly inform them the good, the bad, and the ugly aspects of it, so they know beforehand what they are into, so that anything that happens in the future, you would not be held responsible for it as it is their responsibility to take for whatever they encounter. At least doing it this way would keep you safe from any future escalations from them.

Daniel91
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February 16, 2026, 09:48:44 AM
 #224

The answer is actually not difficult.
I tell everyone, when I talk to them about bitcoin or crypto in general, that bitcoin is a high-risk investment and that they should never invest money that they can't afford to lose.
Also, don't invest money blindly, without thinking, analyzing and planning.
If you do not know what you are doing, don't invest directly in crypto but through an intermediary.
Today, many brokers and investment funds already have crypto in their portfolios.

DYING_S0UL
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February 16, 2026, 02:34:13 PM
 #225

Well for me I can't really recommend it to anyone. The situation here isn't that favorable towards crypto. My country still hasn't lifted its ban on the use of crypto, and i don't wanna get into trouble for that. Despite the ban, we have a large userbase of crypto users, literally everyone from younger generations is somehow involved with it, through airdrop, bounty, cex, and so on. But personally, I'm trying not to create much noise about my involvement, don't wanna attract uninvited guests. Some of my friends already know, but I haven't really had that light of encouragement to actually teach or inform them about this. I don't want to be blamed for something I recommended.

Lastly I don't know if anyone already said this, but I believe in "Don't put all your eggs in one basket". I don't have much anyway, but if I had, I'll probably do this. Smiley

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