Topic: BITCOIN: Give people time! - page 6. (Read 1097 times)

I think when we educate people about Bitcoin, and try to get them interested in Bitcoin. Even if someone doesn't immediately accept our offer, we should keep trying. Because only with effort we can create awareness among people and attract them to Bitcoin.

Your suggestion is good that after preaching Bitcoin we should tell people to research about Bitcoin, it is natural that when a person researches and informs himself about something, his interest and belief. increases. Now getting information has become very easy. There are various platforms online for just about anything. People need to be aware that they can get information about Bitcoin online from various platforms.

2. The amount of energy and time you expend preaching to someone about bitcoin is not a warranty that he will accept what you're offering. Maybe not immediately!

3. We should always tell people to go do their own research about bitcoin after giving them some preaching about it. Doing their own research from with what they  get online can strengthen their conviction about what they've have been told.

One thing I have noticed so far is that we don't have to try too hard to convince people to invest in Bitcoin because any attempt of forcing people or trying too hard to invite people and they finally make losses will lead to a big disagreement and they will blame you that you are responsible for there loses.

 Bitcoin investment is something that we don't need to force people to invest in at all. We need to allow then to make there own choices so if any thing happens along the way, you will not be accused of anything. People can either decided to sell there holdings when the market is down and that might make people to blame us for there loses which is nit do. Enough understand and tutoring is important to show people the way to be a good Bitcoin investors.

One thing I have noticed so far is that we don't have to try too hard to convince people to invest in Bitcoin because any attempt of forcing people or trying too hard to invite people and they finally make losses will lead to a big disagreement and they will blame you that you are responsible for there loses.

Bitcoin investment is something that we don't need to force people to invest in at all. We need to allow then to make there own choices so if any thing happens along the way, you will not be accused of anything. People can either decided to sell there holdings when the market is down and that might make people to blame us for there loses which is nit do. Enough understand and tutoring is important to show people the way to be a good Bitcoin investors.

You have really done a great work OP,and your uncle has also taken his time to think and convince himself about adopting bitcoin. One thing is that people don't just rush into investing if they don't have the idea of what bitcoin is and this is why when you talk about bitcoin to some people,they would not show any interest because it is hard for someone to accept bitcoin easily without doubt. Buying bitcoin needs preparation of one's mind to take the risk of buying since the newbie has little knowledge on bitcoin. I know that your uncle will be happy with you for introducing him to bit coin soon. I hope you taught him how to use a noncustodial wallet to keep his coins for safety.

3. We should always tell people to go do their own research about bitcoin after giving them some preaching about it. Doing their own research from with what they  get online can strengthen their conviction about what they've have been told.


What do you think about this?

So, four days ago this very uncle of mine called me saying that he's now interested in investing some money into bitcoin. And I was like what happened! I thought you rejected the idea when I introduced it to you months ago.

Guess what he said, "well I did thought about it recently, and did a few research and decided I should give it a trial like you advised I should".

Now this how the whole gist originally emanated. I had this long section talk with him about bitcoin more than 8months back of which he rejected the idea of investing with whatever amount he could use as a clinical trial of the digital currency for like 6months or 1year to see for himself the benefits of bitcoin but he refused and afterwards I never brought up the discussion again to him. But to my greatest surprise he called me on phone to come to his house, on getting there he shared to me about his interest to invest in bitcoin with the sum of #4.8million of our local currency, an amount that is worth around $6k based on current exchange rate.

Although it's not the story that intrigue me to share this info  to the community but it's mainly the lessons I learnt from it that did, which I'll believe a lot of bitcoiners needs to know even as they talk to people about bitcoin. Which are:-

1. Give people time; they will show interest when the time is right for them. Their timing may not be same with yours, if you've done your own job of talking to them about it, then that's fine.

2. The amount of energy and time you expend preaching to someone about bitcoin is not a warranty that he will accept what you're offering. Maybe not immediately!

3. We should always tell people to go do their own research about bitcoin after giving them some preaching about it. Doing their own research from with what they  get online can strengthen their conviction about what they've have been told.


What do you think about this?

Guess what he said, "well I did thought about it recently, and did a few research and decided I should give it a trial like you advised I should".

1. Give people time; they will show interest when the time is right for them. Their timing may not be same with yours, if you've done your own job of talking to them about it, then that's fine.

2. The amount of energy and time you expend preaching to someone about bitcoin is not a warranty that he will accept what you're offering. Maybe not immediately!

What do you think about this?

It is better to stay away from people like that, if they want guaranteed profits then they should invest their money at their nearest bank and receive 1% per year or less for their money while the bank makes way more than that, anyone that wants to invest in anything should accept the risk which comes with it, and anyone looking for those kind of guarantees, especially from someone that does not directly benefits from their decision to invest, is simply someone that most likely will never become a good investor anyway.

I used to convince many people to invest in Bitcoin but they didn't take my advice that much at the time. On the contrary, he also asked me if I have a loss after investing in Bitcoin, will you compensate me or not? But if they had not asked that question and invested in Bitcoin today they would be sitting on huge gains, but they missed the opportunity because they wanted guaranteed profits overnight but they were far from the reality.

But now I see they want to discuss Bitcoin with me again, and also want to buy Bitcoin. But I am not interested in understanding them as before, because they did not give importance to me in time. If they had given importance to me, I would have been more interested in helping them. But it's good to see that those who once misunderstood Bitcoin, are now coming to the Bitcoin market, and buying Bitcoin.

Investing in Bitcoin or any other asset should be at the sole discretion of each person. Information and knowledge play an important role in the decision-making process, but the final decision should rest with the individual.

Providing information and education is very important to help people better understand Bitcoin and blockchain. However, it is important that each person has the ability to do their own research and make decisions based on the information already available.