Topic: Friends reactions to crypto currencies? - page 5. (Read 26634 times)

yes, it is a little difficult to introduce and recommend cryptocurrencies to friends, relatives or colleagues, if they do not know the basic purpose of cryptocurrencies and the enormous risk when investing in cryptocurrencies then it will be very difficult and get different reactions from friends or colleagues that we provide recommendations for cryptocurrencies.

My friends were sincerely interested in cryptocurrencies. They even asked me to explain to them several things about Bitcoin. Curious,  but most of these guys have never heard about altcoins.

various stories when describing experience in cryptocurrency. I was personally at first, of the many friends who were told, only a few people were interested. but after seeing the results we have achieved, more and more are interested, of course they start the dump market, and this makes them lose their enthusiasm

I only introduced bitcoin to one of my friend that i know will be interested and willing to learn how it works and how he can earn from it. He is very happy that he got to know about it and how we are both in cryptocurrency and keep sharing ideas on how can we maximize our profit in the long run.

Most of my friends know about cryptocurrency and its essence in our contemporary world. I have three friends who invest for long term, trade and participates in bounties as well. However, there is more work to be done in terms of increasing awareness creation as my friends in Austria admitted their ignorance of cryptocurrency.

they doubt it is a matter of legalization, but because bitcoin has no physical form. when I explained to them that bitcoin was a digital asset, but they were still hesitant because they wanted to see their physical form.

some maniac people that know about bitcoin, they will ask about the legalize. if government agree about it, they like accept because government agree about it. but if not agree they will make argument like "you cant do this". they like obeying the rules when not paying taxes.
many people still dont know about crypto, and when ww start convertation about it, about money, they are just like "easy to earn money"

Most people in the west dont have a need for crypto until they need to send money to other countries.   Or there is niche demands they might have like gambling of some kind is appealing to them and available via crypto.   My main contact and share experience of using crypto every day would be via computer games and especially betting esports matches with crypto.
We still havent found a long term reliable source to do that so I'd argue the whole thing is still ongoing.
  Most people I know are still waiting for the killer app to get involved with crypto, I know many around the world already found they require it every day in some task or other but that action needs to grow further

friends are different from others because they don't trust anything still they are getting satisfied so the Bitcoin and cryptocurrency parts are also same for them to don't accept very easily but when they realise it will be profitable they can also trying to invest in this and get the success this is the fact about the cryptocurrency in friend circle.

Some of them don't believe and just smile when I talk about crypto. Since then I have only introduced crypto to friends when they expressed curiosity in response. I rate it useless if I explain crypto to people who don't want to know it.

One my friend was just curious about cryptocurrencies. And we had a talk about it once. After that there wasn't any curiosity about cryptocurrencies from him. Mainly because he had a good job and thus he didn't have any reason to risk his money. In another case unemployment could become a good reason for a newbie to get involved in cryptocurrencies.

I have explained to my friends about cryptocurrency and their reaction is quite good, in my opinion there are indeed many people who have gained knowledge about cryptocurrency and they can learn it themselves

Not believing in the early times is a very frequent story, friends or people around me never believe in crypto, and I rarely explain to them about these issues, I want them to feel slowly about the presence of crypto because our explanation is never enough to convince anyone, everyone never believes until they see the results and successes of others. And when they see good results, they will search for information and start working in crypto, we do not need to help them, each person will have their thoughts and choices.

I find people's reactions to cryptocurrency funny. Recently my coworkers just always ask me how much money I am losing whenever I tell them I just bought some more. I just laugh and think about all the money they are missing out on by not buying. Then the past couple days I showed my coworkers how much I've made since it broke out of the bottom and they are telling me to sell now. Again I laugh and tell them I'll sell at 2500% not at 10% or 50% or whatever. And they say nooooo you need to sell now what if it goes down. And again I laugh haha.

One of my coworkers even a couple weeks ago said "i will buy lots of bitcoin if it crashes" and I'm sitting there thinking about how that's literally what it just did over the past year or so, so based on what he said he should have been buying for a while now, and yet he can't process that because after a bear market people who haven't done their research assume bitcoin is done and it will just keep crashing.

Even my brothers who I got to buy bitcoin in the summer of 2017 think I'm crazy whenever I still bring up Bitcoin. They legitimately think 2017 was a one shot deal and now nobody cares about Bitcoin. I urge them to buy on the bottom, like if you bought during the bull run of 2017 why would you not buy at the bottom of the market before the next bull run even begins!!??

Basically the normal reaction from people is somewhere along the lines of "you're crazy", "bitcoin is stupid", "nobody cares about it after 2017", "how much money are you losing?", or "it's a bubble/it's a fad/it's going to zero/etc".

Although every once in a while someone will surprise me by actually getting it even if they don't own it, like a few weeks ago I was talking with a friend and mentioned I'm into bitcoin and cryptos and they said surprised me by saying they had looked into buying some and while they don't own any they are sure its a good investment.

Generally I just don't even bother telling people though because their reaction is very based on what is currently happening. Late in a bull run people understand the value of bitcoin and why it will be adopted and be worth far more in the future, but during or after a crash like now the very same people will think its stupid and nobody should ever buy it and they suddenly don't believe in it anymore.

Well at first they just stare at me and they simply don't believe in crypto till they saw the price evolution and the dimension of this community.y.

Earlier it was really a hard thing for them to accept about cryptocurrency. When I explained it to few of my friends, at the beginning they made fun of me because it is a virtual currency and it does not have a physical state. Later they found this interesting when I showed its real time adoption and the peak market attained by them. Now they've begun to learn about it.

My case was the opposite. I was the one introduced to cryptocurrency. It wasn't really something that caught my attention at first. I think everybody may have almost the same reaction as me. But what really get me to the point was the curiosity I have with cryptocurrency. I started trading coins. It was fun doing it especially for the first time.  That got me hooked up. And I do think that I knew cryptocurrency would be great for the years to come. The market then became bearish but this doesn't stop me from trading and it was always enjoyable even until now.

I do not introduced bitcoin with my friends. The moment they've beard about btc, they do not understand how this cryptocurrency really works. They also looked down bitcoin, they are not convinced that it can be an investment. They just thought i was talking about networking scheme and they ignored me.

To be honest it is really difficult introducing cryptocurrency when it is in decline condition. Indeed disappointing once your friend doesn't like to believe what you are saying. But if you are really concern, his/her reaction doesn't matter because it is not your responsibility at all. It is enough to convinced them once with embarrassing feeling in return. Time will come they will come back and ask your assistance.

for now in my country the crypto currency has not been fully recognized by all countries and my government even forbids conducting transactions with crypto currencies so to listen to the opinions of friends with crypto currencies they would argue that it is very difficult to get an investment advantage