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Exactly. I’m glad you just said the obvious; Bit coin will be cheaper tomorrow. And likely for the next few weeks (at least). So…if we all “know” the price of BC is on the down swing, why TF are so many of you BC Bangers tryna rally peeps into buying more BC RTF now?!? Everyone should chill. If you haven’t bought BC recently, there ain’t NO REASON to buy BC today or tomorrow or next week. Unless you’ve been living under a damn rock, we all know BC is going through some violent ass volatility. So why TF should anyone jump into the white rapids right now? Nah, stay out the raft, let others drown and panic, and get a helicopter ride with champagne and a BJ to the calmer waters further downstream. Then pick up the pieces for cheap. So bro? Easy shit. Your welcome.
I would just piunt them at a legit BTcc RTF at a reputable brokerage and help them secure their account and activate ACATS transfer lock eg. FBTC at Fidelity. You dont want to be responsible for losing their life savings or they get scammed and you get blamed
Higher risk, higher reward. Most people can’t handle volatile investments so they buy ETFs. You could move some of your bitcoin to an RTF so you still get returns but you have less risk and worry.