Topic: Educating people on Bitcoin for free - page 2. (Read 4060 times)

yes, indeed, so if the teacher only provides bitcoin education incompletely or half and half it will certainly have a bad effect on students who are still beginners, because I also had the experience of learning bitcoin from someone and he taught only gave lessons about bitcoin and he gave the lesson half and half, so he didn't explain about bear markets and so on, and I also suffered losses because I didn't know about bear markets, but until finally I didn't give up and I ended up learning a lot through online like YouTube, Google and so on.

What I do mostly, is guide only those who show interest in what am doing because a lot of others are only after the profits. And because of the lack of knowledge of how the market work makes they are impatient when their expectations failed to come and the price goes in the opposite direction. But the thing is we must also help others who pick interest in bitcoin and the cryptocurrency market since they already build their motivation that will help them to bear the bear market when it happens and also to benefit from the profits when there is a pump.

Yeah, the technology is far more important than the price itself but unfortunately, most people think bitcoin in terms of price and how they can make money out it.
No one really cares about the blockchain technology behind the crypto and all this stuff. People are more interested to know which year would be the possible next bull run 

Educate by introducing bitcoin thoroughly, we can't choose which one we will teach them about bitcoin in the sense that we have to tell everything about bitcoin. But there are stages which we must explain first. Because not everyone will quickly understand, especially if you directly explain the benefits or risks. I think we can explain the advantages and risks of bitcoin if they are well aware of this.
If we have reached that stage, they can decide whether to enter or not and the decision is entirely in their hands.

Looks like teaching basic fundamental and advantage about bitcoin adopt as payment currency is better than educating some people to know bitcoin as investment assets. I think with advantage have by bitcoin for payment currency faster actually for many influencer have costumer around the world and using bitcoin as alternative payment currency easy than have using other digital currency like PayPal risk with account get limit or problem later.

Little difficult educating for many people about bitcoin as payment currency digital option because nowadays they know bitcoin as investment way and want increase profit for investing in bitcoin.

Giving all bitcoin price history I think make them realize and understand yet about how risk when investing in bitcoin, I think try educating and giving all history price about bitcoin years by years make them understand about risk and chance how to earn profit or loss in bitcoin.

Not everyone can accept something that we think is good, sometimes we have to accept a disappointing return for what we have given them. You don't need to feel upset about what you did at that time, about them blaming you it's just a risk, after all they end up regretting what they did (when bitcoin pumped). You are lucky to be able to teach people even if they blame you.

I guess that's what's come when you try to teach people about something they don't understand and just wanted to earn some quick bucks. Some people will hold your responsibility in case they lose money on the potential investment that you've told them.

I myself also tried to teach some of my colleagues and friends about cryptocurrency, especially bitcoin and as of now I never received any backlash from them as I've only taught them about the basic information as well as investment and potential income they could get from crypto. Also, I never suggested they invest but rather research crypto that they would like to invest in as most of it has a lot of risks. Upon telling them the profit I've generated and earned, I've also told them about the loss to better informed them about the risks.

Right now, some of them has already past me in terms of income as well as knowledge and I am happy about it.

Bitcoin education for people is to help them understand what bitcoin is, the benefits of using bitcoin over using fiat. Bitcoin was originally designed as a currency rather than an investment, but now most people view it as an investment. In my opinion, educating people about bitcoin so that they realize the benefits of bitcoin for them as bitcoin can be used as a payment method that replaces existing currency, as a store of assets...instead of just directing them to invest. That's really not good because investment doesn't always bring profit nor risk it brings. Giving them full knowledge of bitcoin and what they use it for is up to them.

I was doing the same OP but I stopped. I've guided some people on how cryptocurrency works, especially Bitcoin, they were happy about it in the start after they knew how much profit they could make on it in the long run. However, the impatient ones blamed me because they were keep on insisting that Bitcoin is not going to pump again, way back 2018 when bear market hits, and they did panic selling, which they regret when Bitcoin pumps again.

Since then, I never guided anyone because I'm very disappointed on what happened. You guide them, teach them, and yet they would blame you when red candles appears. I don't like those kind of people. Hopefully that would never happen to you OP.

Lol, are you sure of what you just said, there's no way El Salvador would adopt bitcoin if there wasn't a growth in value. Now let's look at the price of bitcoin when it was introduced and compare it to the price of 2022, don't you think that's an increase.

2017, 2018, 2019 Bitcoin experienced a very sad period, after what happened, Bitcoin was able to break through a new ATH. I think you need to re-examine the flow of bitcoin journey from its first introduction until 2022. Only then will you draw conclusions on my post, is it nonsense or not.

If we start by ourselves to teach bitcoin to people, I think this style of the method is old, many people have done this kind of thing, and almost most of those who tried it didn't stop too soon because most people that he wants to teach is the who are not that interested in knowing about Bitcoin, although the intention and desire are good but in the end they will think badly for us.

So what I see that is good to teach is that they will come to you or us to have curiosity about bitcoin, and at least in that way we can see that they have the will to know what we are doing about bitcoin and see the reason how we survive using Bitcoin in our life in this day and age.

Dudes like you just keep posting all kinds of nonsense, you're not helping people at all. Awareness and education is not about to make them "not hesitate to make Bitcoin a long-term investment"... especially if you're saying the value increases from year to year. It clearly does not, it clearly has not. From 2017 to 2018 to 2019 it went down.

Education is about moving away from investment and speculation and understanding the true value and lifechanging possibilities of Bitcoin.

So maybe before we go forth and educate we need to learn ourselves?

The development of digital technology (Cryptocurrency) or more specifically (Bitcoin) is increasingly fast and has a significant effect on all dimensions of human life, one of which is in the financial sector. The presence of Bitcoin using blockchain technology has changed the financial system that has been used and of course gave birth to pros and cons. There are several countries that make Bitcoin a legal tender and there are also those who reject the presence of Bitcoin in their country. But despite all the pros and cons, the interest of people around the world in Bitcoin is increasing because it is resistant to inflation.

Educating ordinary people to be more familiar with cryptocurrencies, especially Bitcoin can increase people's interest in using crypto, they will not hesitate to make Bitcoin a long-term investment asset because its value is increasing from year to year. Another reason that drives people's interest in Bitcoin is because it was initially introduced to the public without value, now Bitcoin has a fantastic value and is the target of many investors.

The problem people are having,  people are too lazy to get knowledge about what they are about to go into . Some people make plans to start up a business but it is so difficult for them to make time to know more about what they are about to start up, it is similar thing most people do when they have interest to start up bitcoin investment.  They don't reason if there are things about bitcoin investment they need to know.  People only see bitcoin to be rich currency that can make investors rich, and don't care if their is anything like the dip, what they just want is profit from bitcoin.

Of course, changing the mindset of someone who for many years is very familiar with the centralized financial system to a decentralized financial system is not an easy matter. You have to have a lot of understanding to explain them well especially when they are not people who like highly volatile and risky currencies like bitcoin. But I don't think you have to take full responsibility for giving him an understanding, you just have to tell him the basics of understanding and then let them figure it out for themselves.

Direct them to reference sources, it can help them know a lot of things if indeed the people you teach are interested in knowing more about bitcoin. Including the following sources:
1. https://bitcoin.org/en/
2. bitcointalk.org
3. Youtube channel
4. Etc

Every good idea should get a lot of support. Then I thought, create a thread about your efforts and explain why it would be of great value to the community instead of replying to posts in this thread that which will more than 8 pages. I'm sure your announcement will sink in.

The biggest problem I have found when trying to educate people around me on Bitcoin is the distance from and lack of exposure to the trust issues of fiat it is attempting to solve. A lot of the conversations around Bitcoin tend to be about what it is and how it works, and indeed the price, but why it exists and why it can be so incredibly important for people all over the world is not often well explained or understood.

The few people around me that had enough drive or interest to learn more about Bitcoin would eventually come across resources that underlined what Bitcoin can be to somebody in an authoritarian regime, where trust issues of money are incredibly real on a daily basis. It's that insight that seems to have provided the biggest shift in their thinking from "how can this help me get rich?" to "how can this new technology improve lives?".

The past couple of months I have made my own attempt at creating a wholesome resource to help people better understand Bitcoin in this way. The goal was to create a journey of curated resources from expert educators in the field, allowing them to first understand why Bitcoin exists and why it can be so important, and only then touch on how it works and what it is. At the same time, the hope was that they would immediately be connected with great educators and resources to learn more from if they wish to do so.

If anybody here wants to take a look at it and share your thoughts, that would be amazing. It is a free, open-source GitBook project and I hope I can get others to contribute to it as well via Gitlab, making it a community-driven resource that can improve and stay up to date over time (there are still quite some things to add, such as the different methods of obtaining, storing, and paying with bitcoin).

https://btcjourney.gitbook.io/start/

I really hope this resource can become the resource we all wish existed and could share. Really looking forward to any input or contributions you might have.

Cant really deny on that reason which is really indeed precise that majority of old and new ones do really come into a common belief about making easy money kind of mindset which these things would be entirely be changed up on the time you do able to gain up experience.Educating people for free is something that not people would be doing so but there are some who are really that eager or inspired on sharing up the
opportunity that they are currently experiencing which is really that a commendable kind of act which not everybody would be doing.

This doesnt only spent up some effort but also your precious time and OP did really show a good job on here on spreading up some awareness and recognition.

Indeed, basically everything must be based on knowledge, including bitcoin. But it is undeniable that now many are getting into bitcoin just to get rich quick. Though that is the biggest mistake, they only see when it's sweet, but when it's bitter and sour, they don't want to see. That is one of the reasons why many people fail when investing here. Because they do not know the basic concept of bitcoin itself.
How can we get profit, when we don't know what we are doing.

but now that beginners have started investing in bitcoin with their ambitions and quick get-rich-quick thoughts, now they too have realized that it is not as easy and fast as that to get big profits investing in bitcoin. it's true what you say, they will be able to learn from loss. because after that they began to learn to be more careful when they want to step into buying bitcoin again as an asset.
but on the other hand i accompany them and i give advice it is better to hold bitcoin as a long-term asset and buy bitcoin with money that is not used for daily needs.
for example, buy bitcoin with company salary of $50 and buy bitcoin every week or every month. and do that for a few years and until the bullrun comes again and the bitcoin price reaches a new ATH.
so now what i teach beginners who are a bit more ambitious is bitcoin is a long term asset that takes a lot of time and requires a lot of patience.

Before going any further and investing in huge amounts, there is no harm in providing education in advance about the correct procedure for investing in bitcoin. Everyone has a big enough ambition to make a profit when investing in bitcoin, of course we can't stop their determination to know more about bitcoin. Here the presence of the OP's role to provide education about bitcoin and the right time to invest is  very important thing how to do the best possible to make profit. Give education about bitcoin not only from profitable but also need to warn them and educate about bitcoin have two side between profit or loss. Depend moment for investing bitcoin have been on higher price or lower price, I think OP should warning with panic moment between buying bitcoin or selling bitcoin if don't on right time.