Have you successfully influenced someone to invest in bitcoin ? - page 2.

Iranus

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Quote from: Nothingtodo on June 19, 2024, 06:43:27 PM

Quote from: krishnaverma on May 04, 2024, 10:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

No.No. I have never encouraged or advised anyone to invest in bitcoin because bitcoin investment is risky and luring someone into this risky investment and incurring losses in that investment will put the entire responsibility on me which is never desirable. That's why I didn't feel the need to advise anyone on this risky investment.

But what about introducing someone to bitcoin? I mean we don't encourage or force anyone to invest in bitcoin but it wouldn't be bad if we introduce bitcoin to someone because this is also the way to make bitcoin more popular. We can introduce bitcoin and provide the necessary documents for them to learn about bitcoin themselves and the decision to invest or not will be theirs to decide instead of us forcing them.

Additionally, I think with its current popularity, surely many people have heard or even know about bitcoin but they are not confident enough to invest in bitcoin. We are people who have knowledge about bitcoin and influence them, this can also be a catalyst for them to be more motivated to invest in bitcoin. Bitcoin is a potential asset these days and missing out on it will make many people regret it so recommending it to some specific audience is not so bad, but don't force them or try to convince them if they don't like it.

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Quote from: krishnaverma on May 04, 2024, 10:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

No.No. I have never encouraged or advised anyone to invest in bitcoin because bitcoin investment is risky and luring someone into this risky investment and incurring losses in that investment will put the entire responsibility on me which is never desirable. That's why I didn't feel the need to advise anyone on this risky investment.

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No. All Crypto, including BTC, is highly speculative. I would never recommend anything this volatile to anyone as an investment.

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Quote from: Strongkored on June 18, 2024, 03:10:24 AM

Influencing someone to invest in Bitcoin is quite risky in my opinion because of course when we try to influence them the most interesting information we will convey is how they will gain profits, not how Bitcoin can change the way we transact online because Bitcoin is a digital currency that can be used, and Bitcoin is not a form of investment that can be held in the long term with full confidence that it will later provide profits if the person who owns it does not understand how the Bitcoin market works.

I think we can influence some individual to invest in Bitcoin and it won't be risky as we would have to let them know about everything that have to known before we let them start buying Bitcoin. When telling them about the good side of Bitcoin, we shouldn't let out the bad side as it would be very disappointing to believe that you're going to be making money and then you start to see the market crumble right in front of your eyes.

Majority are into Bitcoin for the money and not for the technology, everybody wants to make money with Bitcoin and that's why they're investing large amount of money as they know that the market is always going to pump to make them profits. Some individuals are borrowing money to invest into Bitcoin as they see it as a good chance for them to make money but this is a wrong practice.

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Quote from: uswa56 on June 19, 2024, 08:02:51 AM

Quote from: bots1 on June 18, 2024, 02:07:36 AM

So far I have not succeeded in convincing the people closest to me to invest in Bitcoin because they still think that investing in Bitcoin is very risky even though I have proven it to them from how it works to the income that can be obtained from investing in Bitcoin. However, even though currently the people closest to me are not sure about investing in Bitcoin, I will continue to provide understanding to them so that they are really interested in investing in Bitcoin.

When you have not succeeded in convincing the people closest to you to invest in Bitcoin, of course this does not harm you in any way and the problem is when you have succeeded in convincing them to invest but do not explain the investment properly which makes them make mistakes in investing and cause losses. when they invest and if the people closest to you think investing in Bitcoin is very risky, of course this also applies to any type of investment and the most important thing for us before deciding to invest is that we must understand well and not make mistakes in carrying out the investment which makes us losing the money used to invest.

It would be better for you to first give them a good understanding and never force them to invest if they don't understand it well so that they blame you when they experience failure in the investment they are carrying out.

if you're thinking about helping a friend or family member get into Bitcoin, educate them. Make sure they know it well. Bitcoin has both up and down potential. Folks, this is a little rollercoaster. The possible benefits are huge, though, provided you do your homework, are familiar with the technology, and are aware of the dangers.

Dont be a salesman. Never press them into anything they're not comfortable with. Let them make that choice. You must keep their trust, that is the most significant. Tell them straight out about the benefits and risks involved. Thats how you build strong relationships, whether the investment goes up or down. Remember, folks, its not just about the money. This is all about connections, trust, and doing the right thing.

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Quote from: bots1 on June 18, 2024, 02:07:36 AM

So far I have not succeeded in convincing the people closest to me to invest in Bitcoin because they still think that investing in Bitcoin is very risky even though I have proven it to them from how it works to the income that can be obtained from investing in Bitcoin. However, even though currently the people closest to me are not sure about investing in Bitcoin, I will continue to provide understanding to them so that they are really interested in investing in Bitcoin.

When you have not succeeded in convincing the people closest to you to invest in Bitcoin, of course this does not harm you in any way and the problem is when you have succeeded in convincing them to invest but do not explain the investment properly which makes them make mistakes in investing and cause losses. when they invest and if the people closest to you think investing in Bitcoin is very risky, of course this also applies to any type of investment and the most important thing for us before deciding to invest is that we must understand well and not make mistakes in carrying out the investment which makes us losing the money used to invest.

It would be better for you to first give them a good understanding and never force them to invest if they don't understand it well so that they blame you when they experience failure in the investment they are carrying out.

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Quote from: krishnaverma on May 04, 2024, 10:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

quote]
I find these very interesting, because I had similar case with my friends too.
When my friend first approached me about investing in bitcoin, I thought he was looking for an avenue to defraud me but after some months went by I saw him at the shopping mall with a full Catted shopping items an I was like “Bro what’s up?? He said everything am seeing here was just half the money of his interest. I was blown away an since then I knew bitcoin investment system works an without hesitation I rushed to secure my future by investing into bitcoin.

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Quote from: angrybirdy on May 15, 2024, 02:49:35 PM

I tried to tell a few details but I can't say that I was the one who influenced them to invest in bitcoin because at that time I really had no interest in teaching because my knowledge was not that wide when it comes to investing, one more thing My patience is short and I don't really want to teach because the topic of investment is too broad, but so far the people I know that I have talked to have invested well in bitcoin and until now they are still doing it.

If you are not confident to teach them, just share information to them. You can say them that you may be not an expert but you want to share any information you know so far. Sometimes, this way can be easier to make people's be aware about Bitcoin. They will consider they hear the facts from you because it is based on your experience. But when you look like teaching them, they may think you are just explaining a theory.

IMO, it is not so important whether they are influenced by you or not. The most important thing is they can join Bitcoin investment, too. And make sure that they can invest in the right way. I think you are lucky to have some people for sharing about Bitcoin or crypto as a whole. Some people have no friends for sharing.

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Quote from: retreat on June 18, 2024, 02:15:17 AM

Quote from: krishnaverma on May 04, 2024, 10:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

I once told someone about investing in Bitcoin, at first it worked, but when the market went bearish he started to worry and blamed me because the result of him investing in Bitcoin made him lose 25% of the value of his investment. He's out. And since then I've been lazy about telling other people about investing in Bitcoin. Yeah, there are a few people who ask me about that, but I just say for them to find out for themselves and learn from Binance academy - I don't want to deal with other people about investing in Bitcoin, unless they already understand the risks.

This is exactly why I do not tell anyone to invest into anything. They think that they are going to make money, the suggestion for investment is just an idea, if you want to invest that is your own decision, nobody can make you invest, it is impossible.

I personally believe that the best thing we could do right now would be just realizing that we are not going to make money without having anything better with that money, so we invest into the best option we can think of. This is why I believe that the best way would be just ignoring everything else, and focusing on how to make as much money as possible. If someone invests, because of our advice, and loses, they should still own up to it because we didn't force them, we just suggested.

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Quote from: mich on June 18, 2024, 01:30:04 AM

Yes I can say that I did do this for some of the people at my work. There is 1 man that I said to him he should buy some Bitcoin and this was some years back. I showed him how to go on Binance on his office computer.
And I am wondering did he still hodl that Bitcoin or did he sell them. I do not see the man all the time but he did say he was interested in it and did ask me some questions. I now want to find out and I hope he still is hodling his Bitcoin.

It’s not a good idea to access stock exchanges on an office computer, primarily for privacy reasons, since most likely the administrator sees all the sites where their employees go. And before advising a person to buy Bitcoin, he should study this coin in order to make an informed decision about this investment for himself. Anyone can buy, but he first needs to explain that there are cycles in the market, and there are bad times to buy. This is not gold, which you can buy and be more or less calm, with Bitcoin everything is different.

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Quote from: krishnaverma on May 04, 2024, 10:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

Influencing someone to invest in Bitcoin is quite risky in my opinion because of course when we try to influence them the most interesting information we will convey is how they will gain profits, not how Bitcoin can change the way we transact online because Bitcoin is a digital currency that can be used, and Bitcoin is not a form of investment that can be held in the long term with full confidence that it will later provide profits if the person who owns it does not understand how the Bitcoin market works.

The closest example is if someone has bought it for $70,000 and now sees the price dropping by around $5,000 because the current price is $65,000 then without the correct knowledge they will panic so they can make the decision to sell at a loss and we will be blamed for being influenced to invest but it turns out they didn't experience anything like as we previously informed, I only influence my family and that was done but they could only trust the price at a certain level so they sold it but luckily it had already provided quite a good profit at that time, but if they are patient enough to save until now, of course the profits they will get will be even better.

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I have not influenced anyone to invest in Bitcoin, as a bitcoiner, my relatives, brothers and sisters knows what I do, I don't hide anything from them, from time to time we engage in discussions relating to Bitcoin and cryptocurrency in general and with what I see so far I understand that they have interest in the investment itself but the thing is that I still don't have to force them to take the bull by the horn, Bitcoin is an investment that requires a personal decision without persuation, so it not a do or die affair, apart from having discussed this with my family, i have also have some conversation with some people who see bitcoin as a scam but after teling them to go for a personal research, they came out with good results, am always careful about telling someone to investment because I believe that such stand should be personal and the risk should be a sole burden to avoid blame in the case of any ugly situation.

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Quote from: krishnaverma on May 04, 2024, 10:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

I once told someone about investing in Bitcoin, at first it worked, but when the market went bearish he started to worry and blamed me because the result of him investing in Bitcoin made him lose 25% of the value of his investment. He's out. And since then I've been lazy about telling other people about investing in Bitcoin. Yeah, there are a few people who ask me about that, but I just say for them to find out for themselves and learn from Binance academy - I don't want to deal with other people about investing in Bitcoin, unless they already understand the risks.

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So far I have not succeeded in convincing the people closest to me to invest in Bitcoin because they still think that investing in Bitcoin is very risky even though I have proven it to them from how it works to the income that can be obtained from investing in Bitcoin. However, even though currently the people closest to me are not sure about investing in Bitcoin, I will continue to provide understanding to them so that they are really interested in investing in Bitcoin.

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Yes I can say that I did do this for some of the people at my work. There is 1 man that I said to him he should buy some Bitcoin and this was some years back. I showed him how to go on Binance on his office computer.
And I am wondering did he still hodl that Bitcoin or did he sell them. I do not see the man all the time but he did say he was interested in it and did ask me some questions. I now want to find out and I hope he still is hodling his Bitcoin.

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Quote from: TheUltraElite on June 11, 2024, 09:00:38 AM

Quote from: Kristiyana on May 16, 2024, 03:06:01 AM

Actually I'm always scared of introducing my friends to this crypto investment reason is because most of them are not educated enough to read and understand how the market works, I'm always scared because they can go with it the wrong way and if anything should happen to their money I will be hold responsible. that is why I always avoid them, not everyone who can bare the risk mostly when it has to do with money they're always careful.

Most of us are scared when it comes to introducing others to bitcoin, you might get mocked by that group or they will be a A-hole and call you responsible when they lose money.

That is why I only tell others about crypto if they are interested to know about it with disclosure that it is a risky asset class to dive into. If the impulse for knowing about something comes from the opposite side, that is the best time to teach someone about that thing.

Still this problem will exist in future too because who wants to invest in something that cannot be felt or seen, they think its a scam in the first place, even though the price is high now.

bitcoin is not multi-level marketing, so there is no need to influence someone to invest in bitcoin, if they invest, then leave it with the knowledge and self-awareness they have, we can only provide an explanation according to our knowledge. because many impromptu investors only hope to get big profits in a short time, and if it doesn't meet expectations then we could be blamed if we were the ones who told them to invest

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I tried influencing my friend,but at some point I noticed I wasn't persuasive enough because he was very curious to know how the cryptocurrency works looking at how risky it is to invest. So he decided we should get a professional to for advice.

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Quote from: krishnaverma on May 04, 2024, 10:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

I haven't introduced anyone to Bitcoin yet, but I love Bitcoin. I like bitcoin investment a lot and I like to invest in bitcoin. If we can invest patiently in bitcoin investment, surely we will achieve success in bitcoin investment and seeing our success, surely others will show interest in bitcoin. But day by day people Bitcoin is becoming more popular and people are showing interest to invest in Bitcoin. Bitcoin is definitely a popular bitcoin if we can invest patiently and after knowing enough about the bitcoin market we can achieve success through bitcoin investment.

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Quote from: Kristiyana on May 16, 2024, 03:06:01 AM

Actually I'm always scared of introducing my friends to this crypto investment reason is because most of them are not educated enough to read and understand how the market works, I'm always scared because they can go with it the wrong way and if anything should happen to their money I will be hold responsible. that is why I always avoid them, not everyone who can bare the risk mostly when it has to do with money they're always careful.

Most of us are scared when it comes to introducing others to bitcoin, you might get mocked by that group or they will be a A-hole and call you responsible when they lose money.

That is why I only tell others about crypto if they are interested to know about it with disclosure that it is a risky asset class to dive into. If the impulse for knowing about something comes from the opposite side, that is the best time to teach someone about that thing.

Still this problem will exist in future too because who wants to invest in something that cannot be felt or seen, they think its a scam in the first place, even though the price is high now.

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Quote from: leonair on May 16, 2024, 07:53:11 AM

Telling someone about Bitcoin takes a long time because there is so much to learn. So if someone makes a wrong decision and does something wrong, they can blame me for it, so I'm also very afraid to influence anyone about Bitcoin. However, if someone asks me something out of interest, I try to teach them with my best. But I tried to convince my family members about Bitcoin but they are old age people so I couldn't convince them much.

Yeah I do the same thing, I never approach someone and tell them about Bitcoin or cryptocurrencies or try to persuade them to make investments in them because I know that in case their investments don't work out and they lose money instead of getting profits, I'm the one they are going to blame because it was me who approached them and made them interested in them and they didn't know about them beforehand. Apart from this point, you should never let anyone know that you have money invested in cryptocurrencies or have any involvement in it because that can be a security concern for you.

When it comes to family, one should at least let them know that there is something like this where they can make investments and if the market goes up, they can make profit from it, however it is necessary to let them know about the risks involved as well because despite being family members, they can also blame you if they lose money.

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