Do not give financial advise to other people, because they will put the blame on you, when they lose money.
It's great that you are spreading the word about Bitcoin. Good Job, OP. If I was on your place, I would just explain the basic principles and the core concept of Bitcoin and blockchain technology. I wouldn't tell the noobs when to buy and when to sell. Nobody can predict the market, even the best crypto traders are failing sometimes. Knowing Bitcoin is one thing, learning and practicing crypto trading is a different thing.
By the way, I don't think that the main reason for the small price growth from 16K to 23K is the Chinese New Year. Wasn't Bitcoin banned in China?

in 2021 the non zero bottom value was $10k
the premium in 2021 was $75k
the market swung inside this window by movements between $25-70k
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     ^         ^
in 2022 the non zero bottom value was $15k
the premium in 2022 was $95k
the market swung inside this by movements between $16-50k
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  ^       ^

and in 2023 the current value premium possible window. and bitcoins current price
     v
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its still very much in the green and close to the (black) non zero bottom value
its not as if you are advising they buy in the amber/red zone
  

Giving people financial advise is what I hate the most, trust me, I have been there and I've seem how ugly things could get, the hate you can easily get when things go wrong, but the people that invested base on my advice are those that already understand the risk involved, they are on their own if anything happens.

Buying low is the key, that's all I give them as advice, follow by, invest with little amount that won't hurt even if it failed to go your way

The best advice you can give is that Bitcoin is an investment that is most successful with a target of 4 years. It is economically designed this way. No one has ever failed when hodl'ing for more than 4 years, the charts prove it!


According to this article, Bitcoin has been banned by China on 3 occasions. I remember reading another article around the time of the last China ban that the count was in excess of 7 occasions. Yet, many Chinese exchanges and services still operate today. So this tells you how effective these so-called bans really are.


Bitcoin Cannot Be Banned!

If you have knowledge on technical analysis then go on and pitch your recommendation, but advising them is a risky thing though. You might got blame if there some worse thing that happened on their money.

Maybe try to show and let them be educated on how bitcoin works in a simple way including the usage of it and how we can generate utility of it. The trading or investment part should be well explained so that they can grasp how volatile and dangerous investing on bitcoin and other cryptos.

Yes, that's right actually. Specific things were banned in most/all scenarios, however every time a ban occurred the mainstream media were quick to go with the catchy phrases that gave the idea that "Bitcoin is banned" rather than properly stating the specifics of the bans.

Here was one of the campaigns that alluded that using Bitcoin as a whole was banned by China:
China declares all crypto-currency transactions illegal
I couldn't find any sources in the article that actually validated the contents of what was published, of course

That's right and it's better to clarify everything to them and to free yourself from any blame when things will become worse for them about their investment. It's really better, to be honest, and talk about the volatility first if they are risk takers, they will gonna invest even though the price of bitcoins is currently high and they will not gonna put the blame on you if they messed up as long as you have been clear and honest to them. The way people invite to their ponzi scam investment is different than what we are doing because they are forcing the newbies to invest by luring them with sweet words and lies, while we are being truthful to them and being careful with any information we share with them because it's crucial for the safety of their money and other wealth.

I don’t think there’s a need for validation of your actions of having brought in and taught newbies all about bitcoin. It’s great you’re doing so.

Saw a solid advice and point given by another member on here. You shouldn’t be giving anyone, especially newbies any financial advise. I would like to add that the only advice you should give them is to do their own research. Wouldn’t be hard for someone that’s in the university to appreciate the fact and do their own research on things before venturing into anything.

Just dont forget to show the other side of Bitcoin investment. Show them that like Bitcoin price went up, it can quickly go down and be low for a very long period. At least warn them of that. I saw a lot of people only see growth. A lot of people think that if they have bought a Bitcoin, they will be 100% be gain profit or be rich. Warn them that this is not a "get rich quick" strategy. They must be patient and cautious.

What's the difference between $17k and $23k if you both hold and ride the wave upto $100k or beyond depending on what price Bitcoin has in store for us. It doesn't matter the price you buy your Bitcoin now as in the future we all will be in profit. The only time the price of Bitcoin matters is when you're a trader.
If your friends aren't buying Bitcoin for training purposes then I would advise they should get their hands on some bitcoin today. The price might be too high for you today but you can never tell if the price will drop lower than this or not. All they just have to do is not to invest money that'll be needed in the nearest future instead they should invest as much as they can afford to lose then hold unto their investment.
As an investor or newbies picking interest in investing, we should note that it isn't always about our entering point but how far is our patience to hold unto our investment for future gains.