Topic: Digital Bitcoin Classes Ongoing. - page 3. (Read 322 times)

I believe you created the thread to get input from the community to enable you to get the best results from from noble effort. It would have been better if you teach them about Bitcoin and allow them to invest by themselves. Any of them who sees Bitcoin as a good investment will invest, they don't need to be compelled.

You can simply guide them on how to download wallets, keep the seed phrase safe, fund their wallet and protect it. Instead of going through the complicated process of asking them to invest through you. Calculating expenses such as transaction fees and profit can be complex. They should have personal  Bitcoin wallets and be their bank.

Keep up the good work.

I don't know if you understand me. I don't charge any fee from them but I asked them to pay any amount they can afford to start the investment. Which I am using to invest for them for them to be serious. For proper understanding I will edit that clause. Again I am not taking anything from them please don't misunderstood me.

Completely agree with you buwaytress .

@Agbe , when you’re encouraging people to invest in Bitcoin and charging a fee for it, it doesn’t look good because it’s like you’re guaranteeing their investment will grow. For sure you have seen how Bitcoin’s cycle works, it’s still unpredictable, which is why it’s called a speculative market. It’s tricky because the market isn’t bullish every day, and there are always risks involved. Setting the right expectations is important to avoid misleading anyone.

Great work. People who help in spreading Bitcoin awareness should be encouraged. It is better to teach them about Bitcoin and allow them to make the decision of investing or not. It is not everybody in your class that will be willing to invest.

I am more comfortable with online learning than teaching them physically. I am interested in my security because most people think that all Bitcoin investors are rich. There has been news of how some crypto investors were attacked and robbed of their coins.     

Would never tell anyone to buy coins, certainly not with my help, nor promise profit (which you did). That aside, I have to ask: why did you invest it for her? Why not teach her to open her own account, and how to buy her own coin? Gotta teach a man to fish, not buy the fish from the market for him, no?

Lovely idea teaching people about Bitcoin mate. I really commend you for that and this would really go along way on helping the adoption of Bitcoin.
But I don't think investing for someone into Bitcoin without their consent is actually the right way to go. The financial sector is one place you ought to be very careful. I would rather suggest you be patient with them keep in giving them the much needed information they need and with time they can be able to give their consent to Investing.

It’s okay to charge a fee for educating people about investments, but make sure you’re giving them the whole picture, not just the positive side. Also explain the risks of investing in Bitcoin because there’s no guarantee that holding long-term will always be profitable. That’s what we believe here, but not everyone has the same patience, especially when they experience a bear market. They might panic and make rash decisions.

If that scenario happens, like the price dumps and they start blaming you. what will you say? Since they paid for your advice, they might expect everything you said to come true or think they’re guaranteed to benefit from your guidance. It’s something to think about.

After sometimes in my analogue bitcoin classes in some schools around my area. On the second quarter of last year, I received some calls from friends and relatives and others to teach them bitcoin online and I agree to teach them also asked them to invest. But many of them didn't invest after the classes, so what I am doing right now is to asked them invest some amount of money before I start the teaching. And in the process of the practical aspect of it, I will use the money to invest for them so they can be serious on the investment. And since some of them are Civil Servants and Unemployed combined I advised them to purchase weekly and monthly as DCA method of it.

Like before yesterday someone send me N100k which is equivalent to $60 as of then exchange rate and I invested for her at the rate of $100k for 1 BTC.



I always explained both the risks and the benefits in the class so everyone is aware. In most time we use google meet for the virtual meeting (classes) for easy presentation and Whatsapp for chatting classes because meet consume Internet data.and not all the participants can buy enough Internet data to browse. My friend sister at UK also chatted me up to teach her and we did that class last year too. And base on the technology, online classes are more interesting than offline School Classes.

OmegaStarScream, bitmover, apogio, JayJuanGee, tranthidung, NeuroticFish, Pmalek, hugeblack, Lucius, RickDeckard, philipma1957, fillippone, NotATether, Charles-Tim, BlackHatCoiner, ABCbits, hosseinimr93 and Sceptical Chymist, I will pm you for more technical knowledge.

Some of the classes I have updated here.
https://bitcointalksearch.org/topic/m.60555094
https://bitcointalksearch.org/topic/bitcoin-class-in-my-village-high-school-5403925