I mean, there is nothing wrong with providing advice but it is important to make sure that the person receiving advise understands all the risks and everything involved with the investment suggested. So if a person is suggesting Bitcoin investments to a friend for his company, he needs to tell him both the positive and negative consequences of the investment so that if things so south in the future, he doesn't get blamed for his suggestion.

If I was suggesting something as volatile and unpredictable as Bitcoin to my friend, I would tell him straightaway that I do have some investment advice but I want him to know that there are risks involved in it, and then I would urge him to do some research about it and decide for himself and I won't be responsible for anything negative that might happen if he makes an investment in it because it will be his own decision.

I don't think this is good advice. Because I think you didn't discuss the risk of bitcoin well with him. It's not just investing. It's not like buying bitcoin anytime. First you need to know what the market is up to about Bitcoin. Then if he shows interest, you can say. He can invest a part of his profit first to show how it is. Then if he shows interest and understands he can invest in bitcoins like him.

Wont really be that bad for you to give out those kind of recommendations but make it sure that you wont really be able to forget about explaining about the certain risks. We do know that not all people would really be having that kind of risks management or choice and this is why if they do find out that on the time that you do explain about the possible risks and he isnt that confident about it then better not to force him.
Always a good thing about explaining it all about its pros and cons on which it would really be that be better to tell rather than on making him optimistic but ends up on making bad decisions and blaming
you out in the end of the day just because you have told him or giving out that kind of assurance. You wont really be that making yourself that getting avoided about the risks involved about the price.
Its true that it such a waste for your money to be idle in the bank but making yourself that in a rush on making investment without having that proper knowledge and experience then it would really be
something that regrettable.

if someone is investing in Bitcoin then he should also memorise its risk because we cannot neglect its risk and as its advantages are huge so its risk is also very huge. Many people just want to invest in bitcoin because they need money but to get money you have to use your money, expertise as well as your patience to be successful from such investment.

Main source means the regular flow of cash while Bitcoin does not provide you regular flow of cash but during its dumping phase it will put you at risk but it's up to you that you are waiting for recovery or cause this dump to drop your money. If you completely know about Bitcoin and strategies used for success then invest on time and don't wait for more dump as you don't know what is the lowest price ever.

Exactly. I think buying of bitcoin will have come from a reserve fund not necessarily the money for company's development which would have been good for business growth and expansion. We don't just invest because we trust bitcoin will pump but with proper guidelines.
For me investing in Bitcoin for now is a NO, atleast improve on the company's performance and productivity. And ensure a steady growth before  thinking of diversifying.

MicroStrategy is more or less an investment company so using it as subject of comparison in relative to another company below its standard is unwise.

it is important to make sure that the person receiving advise understands all the risks and everything involved with the investment suggested this is number one priority in my opinion tell him both the positive and negative consequences of the investment are also a good move


I agree with Ale that the person really need his own research first before go all in hence before he made any investment all we do is only give him a hint the good and the bad ane let he decide the final decision.

This response is from a typical African man who has learnt and seen a lot of things happen.
I strongly agree with everything you’ve said so far and I think with what you’ve said so far, there is absolutely no reason to directly tell someone what to do with their money as you (adviser) might be held response if anything goes wrong with that account and i agree with oshosondy, that you should rather introduce him to bitcoin and leave him with the sole decision to know if he’ll invest or not.

Bitcoin is a volatile asset and not everyone is emotionally matured to handle the stress and swings that comes with investing in crypto and this should also serve as a wake up call  for us not to direct people to use their money to invest in cryptocurrency especially if they can’t afford to lose.

You give your friend a good advise, because you have tested BTC investment to know what someone that invested a huge amount of money will going to achieve when the bull run occur to use the profit to boost his or her business like the way some people are using BTC investment to grow their business these days.

If your friend have the knowledge of BTC investment, I guess he will help his father to succeed in that company because those money his father use to deposit in the bank to stay long in the bank, it will stop because they will prefer to store the money in BTC and wait for bull run to come before they can sell to make a good profits.

Based on your explanation, I don't think your friend will regret for this advise because it will create more opportunities for their business to grow more than other businesses around the society.

I would say you shouldn’t have involved your self in telling him where to invest the money
Giving him the advice for investment was just okay you would have skipped the part of the exact place to invest on. Let him do the critical thinking of where to invest so as to be able to take the risk to himself knowing that he gave himself the idea of choosing where he invested … This is just my opinion 🤷🏼‍♀️

And again giving your friend an advice that you aren’t sure of is wrong , now you’ve given him advice to invest on Bitcoin and you’re here asking if that was a good idea. Makes no sense to me tho