What to say when your friends or family ask for advice

It’s happened to all of us. At some point someone mentions crypto, whether it’s a family dinner or some sort of event and you say “yeah, I’ve checked that out and bought a few things”.

Next thing you know, uncle Dan is asking what coins you bought and what he should buy (because who doesn’t love lambos!!).

The best course of action is to be vague about what you’ve done (oh, just some bitcoin and ether), and then steer to conversation to “if you’re in to it, you should really speak to an expert”. Recommend someone else.

When crypto goes up, hopefully everyone close to you goes for the ride. But if it goes down, you don’t want to be the one who convinced nana to throw a few thousand in to shitcoin 101.

These are simple rules whether people are talking about crypto, stocks, retirement or whatever. Just don’t be their scapegoat and recommend someone else do it.