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BeyOglu - The Analyst
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Don’t try to convince your friends and family to buy #bitcoin
I know, you are maybe hearing this a lot nowadays, but I still want to emphasize this.
You can mention it once, but that should be it. Otherwise you can only lose:
- if they haven’t done any research on their own already, they’ll almost always think you are an idiot. If they have, there’s no need to convince them anyway.
If you actually manage to convince someone you also lose:
- price drops 20%, they’ll sell and will be angry at you
- price goes up, they’ll ask you why you haven’t told them earlier.
Then price dips again, they’ll be angry, think you convinced them of some BS after all, and sell again.
Everybody needs to go this road on their own. It takes a lot of research and is a learning experience, to become a HODLer. Most people can’t handle the volatility. Don’t try to drag them with you.
#beyoglu
I know, you are maybe hearing this a lot nowadays, but I still want to emphasize this.
You can mention it once, but that should be it. Otherwise you can only lose:
- if they haven’t done any research on their own already, they’ll almost always think you are an idiot. If they have, there’s no need to convince them anyway.
If you actually manage to convince someone you also lose:
- price drops 20%, they’ll sell and will be angry at you
- price goes up, they’ll ask you why you haven’t told them earlier.
Then price dips again, they’ll be angry, think you convinced them of some BS after all, and sell again.
Everybody needs to go this road on their own. It takes a lot of research and is a learning experience, to become a HODLer. Most people can’t handle the volatility. Don’t try to drag them with you.
#beyoglu
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