Remember that sometimes good advice can come across as bad. I think it is best to avoid it If you can't do that then inform about the risk first. If someone close with you and invests in your reference and loses there then the liability will be entirely on you. As a result, you can be guilty to them without doing any fault. Your relationship may get ruined.
There are many risks for those of us who give advice to others, not necessarily the advice we give can also be carried out well, even though we have given an idea and potential risks that will occur, so that when everything becomes worse for him then we will be blamed for the failure he did on the basis of our advice. That's our behavior as human beings and when a failure in his life will try to bestow the mistakes to others and I often see events like this.
Consider giving advice to people who are unfamiliar with the knowledge he wants to listen to and if they don't know anything about these advice, then I am sure that advice will never be used and will never be useful for him. For example, you give advice about Bitcoin to people, but if the person's knowledge about Bitcoin does not exist at all then the advice will not be useful for him, because they will never want to know what Bitcoin is like? And how to run it?
So I never want to encourage others to invest. If a person comes for consulting on his own responsibility then I can advise him for investment.
That's right and we don't need to encourage anyone to invest, because when they are sure of something they will definitely try to learn it first and the rest if they still don't understand they will definitely start asking questions. People like this are easier to give advice because they already have a basis for what they want to ask and our burden is not too big to explain according to our experience.
